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Texas oil lease

Producing

ADAMS, BILLIE RUTH 38

Adams, Billie Ruth 38 is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

2,490bbl oil, last 12 months−26% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-40240

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Oil in Jul 2026
169 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production for ADAMS, BILLIE RUTH 38, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 2,490 bbl in the 12 months through Jul 2026, against 3,365 bbl in the 12 months before.Last 12 months: 2,490 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production for ADAMS, BILLIE RUTH 38, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 2,490 bbl in the 12 months through Jul 2026, against 3,365 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

2 wells on this lease

Wells on ADAMS, BILLIE RUTH 38
API numberWell no.Status
42-227-363571Active
42-227-366572Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Sep 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2021Sep 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2021Sep 1, 2023
Ace Gathering, Inc.OilGathers100Dec 1, 2021Sep 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

160 acres on the newest permit

Check your decimal on this lease
Permits for Adams, Billie Ruth 38
API numberWell no.Acreson the permit
42-227-366572160
42-227-363571160

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for ADAMS, BILLIE RUTH 38
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026169168$80.46$2.89
Jun 2026201163$84.81$3.15
May 2026272180$102.13$2.94
Apr 2026229182$100.32$2.77
Mar 2026205325$91.38$3.04
Feb 2026154180$64.51$3.62
Jan 2026187174$60.04$7.72
Dec 2025152175$57.97$4.26
Nov 2025247176$60.06$3.79
Oct 2025237179$60.89$3.19
Sep 2025278354$63.96$2.97
Aug 2025159184$64.86$2.91
Jul 2025216172$68.39$3.20
Jun 2025248174$68.17$3.02
May 2025232531$62.17$3.12
Apr 2025259182$63.54$3.42
Mar 2025244353$68.24$4.12
Feb 20252610$71.53$4.19
Jan 2025318360$75.74$4.13
Dec 2024306365$70.12$3.01
Nov 2024353361$69.95$2.12
Oct 2024292360$71.99$2.20
Sep 2024319193$70.24$2.28
Aug 2024317363$76.68$1.99
Jul 2024396374$81.80$2.07
Jun 2024392372$79.77$2.54
May 2024432364$80.02$2.12
Apr 2024399556$85.35$1.60
Mar 2024442365$81.28$1.49
Feb 2024466360$77.25$1.72
Jan 2024446731$74.15$3.18
Dec 2023480191$71.90$2.52
Nov 2023423731$77.69$2.71
Oct 2023501373$85.64$2.98
Sep 2023464341$89.43$2.64
Aug 2023482524$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyHoward County

Diamondback E&P LLC in Howard County

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Spraberry (Trend Area) field

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