Texas oil lease
ProducingARGONAUT
Argonaut is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-46828
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Production by month
Oil output fell 26% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to flaring in the last 12 months
Flaring peaked at 100.0% of the gas in Aug 2023.
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
100.0% of the gas flared in the last 12 months. 16 months above 3%.
Who has run this lease
The operator changed once, most recently in Jan 2025
- Diamondback E&P LLC Jan 2025 to now
- Endeavor Energy Resources L.P. Jan 2020 to Dec 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-33972 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Explore Logistics LLC | Oil | Gathers | 100 | Apr 1, 2025 | – |
| Oasis Transp & Marketing Corp. | Oil | Gathers | 100 | Sep 1, 2013 | Apr 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 0 | 182 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 51 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 58 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 56 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 55 | 177 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 46 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 54 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 57 | 176 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 55 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 51 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 44 | 66 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 59 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 57 | 178 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 57 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 54 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 47 | 177 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 57 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 55 | 2 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Endeavor Energy | 74 | 180 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Endeavor Energy | 62 | 0 | 50 | 0 | 50 | $69.95 | $2.12 |
| Oct 2024Endeavor Energy | 56 | 0 | 16 | 0 | 16 | $71.99 | $2.20 |
| Sep 2024Endeavor Energy | 60 | 176 | 15 | 0 | 15 | $70.24 | $2.28 |
| Aug 2024Endeavor Energy | 71 | 0 | 20 | 0 | 20 | $76.68 | $1.99 |
| Jul 2024Endeavor Energy | 69 | 0 | 19 | 0 | 19 | $81.80 | $2.07 |
| Jun 2024Endeavor Energy | 51 | 160 | 14 | 0 | 14 | $79.77 | $2.54 |
| May 2024Endeavor Energy | 65 | 0 | 18 | 0 | 18 | $80.02 | $2.12 |
| Apr 2024Endeavor Energy | 70 | 166 | 19 | 0 | 19 | $85.35 | $1.60 |
| Mar 2024Endeavor Energy | 66 | 0 | 20 | 0 | 20 | $81.28 | $1.49 |
| Feb 2024Endeavor Energy | 73 | 165 | 20 | 0 | 20 | $77.25 | $1.72 |
| Jan 2024Endeavor Energy | 85 | 0 | 21 | 0 | 21 | $74.15 | $3.18 |
| Dec 2023Endeavor Energy | 65 | 171 | 19 | 0 | 19 | $71.90 | $2.52 |
| Nov 2023Endeavor Energy | 81 | 0 | 20 | 0 | 20 | $77.69 | $2.71 |
| Oct 2023Endeavor Energy | 64 | 0 | 18 | 0 | 18 | $85.64 | $2.98 |
| Sep 2023Endeavor Energy | 79 | 169 | 22 | 0 | 22 | $89.43 | $2.64 |
| Aug 2023Endeavor Energy | 51 | 0 | 14 | 0 | 14 | $81.39 | $2.58 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.
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Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- PEACOCK "57A"
561 bbl
- HARRELL "43"
548 bbl
- HARRIS 1
551 bbl
- GILBERT
397 bbl
- POWELL "43"
535 bbl
- TOM 4A
535 bbl
- KOGER
511 bbl
- PALOMINO
489 bbl
- ROMINE "37"
490 bbl
- MARTIN, BETTY
360 bbl
Spraberry (Trend Area) field
- POWELL "43"
535 bbl
- TOM 4A
535 bbl
- MAHAFFEY, P. T.
507 bbl
- COLT 45
412 bbl
- MADISON -E-
515 bbl
- MAHANEY 35
526 bbl
- WAHOO 20 S
338 bbl
- S. O. WILLIAMS "21"
412 bbl
- PARKS, CHARLOTTE "6"
394 bbl
- DICKENSON 7D
114 bbl
Leases within 10 km
- HOLCOMB "40"
5,740 bbl · 1 km
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3,143 bbl · 1.2 km
- HOLCOMB "68"
1,281 bbl · 1.4 km
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7,271 bbl · 1.8 km
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Drilling permits within 10 km
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.1 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.1 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.1 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.1 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.1 km
Permit 0918594 · Sep 17, 2026