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Texas oil lease

Producing

BIG MAX 24

Big Max 24 is an oil lease in Andrews County, Texas, operated by Sabalo II Operating, LLC in the Spraberry (Trend Area) field.

1 well

880bbl oil, last 12 months−35% vs prior year
Operator
Sabalo II Operating, LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-41542

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
2,231 mcf
Oil in Jul 2026
305 bbl

Production by month

Oil output fell 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for BIG MAX 24, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 880 bbl in the 12 months through Jul 2026, against 1,349 bbl in the 12 months before.Last 12 months: 880 bblbbl per monthmcf per month00100100200200300300400400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for BIG MAX 24, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 880 bbl in the 12 months through Jul 2026, against 1,349 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100100200200300300400400Jan 24JulJan 25JulJan 26Jul

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.

All of the gas went to flaring in the last 12 monthsShare of BIG MAX 24 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of BIG MAX 24 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

Who has run this lease

The operator changed once, most recently in Oct 2024

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Sep 2024; Sabalo II Operating, LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024Diamondback E&P LLCJan 2020 to Sep 2024Sabalo II Operating, LLCOct 2024 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Sep 2024; Sabalo II Operating, LLC, Oct 2024 to Jul 20262020202120222023202420252026Changed Oct 2024Diamondback E&P LLCJan 2020 to Sep 2024Sabalo II Operating, LLCOct 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BIG MAX 24
API numberWell no.Status
42-003-423085Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers40Feb 24, 2026–
Midcon Gathering LLCOilGathers30Feb 24, 2026–
Plains Marketing, L.p.OilGathers30Feb 24, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Feb 24, 2026–
Dcp Operating Company, LPCasinghead gasGathers100Feb 24, 2026–
Midcon Gathering LLCOilGathers100Aug 1, 2025Feb 24, 2026
Midcon Gathering LLCOilGathers100Sep 1, 2021Aug 1, 2025
Enterprise Crude Oil LLCOilGathers100Sep 1, 2020Sep 1, 2021
Rio Energy International, Inc.OilGathers100Nov 20, 2019Sep 1, 2020
Bridger Transportation, LLCOilGathers50Aug 1, 2014Nov 20, 2019
Shell Trading (Us) CompanyOilGathers50Apr 1, 2014Nov 20, 2019

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

Who buys my oilOil price check

80.52 acres on the newest permit

Permits for Big Max 24
API numberWell no.Acreson the permit
42-003-42308580.52

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for BIG MAX 24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Sabalo II3053443410341$80.46$2.89
Jun 2026Sabalo II0036036$84.81$3.15
May 2026Sabalo II2201540154$102.13$2.94
Apr 2026Sabalo II3101220122$100.32$2.77
Mar 2026Sabalo II4401420142$91.38$3.04
Feb 2026Sabalo II611721380138$64.51$3.62
Jan 2026Sabalo II4401610161$60.04$7.72
Dec 2025Sabalo II6701870187$57.97$4.26
Nov 2025Sabalo II791681640164$60.06$3.79
Oct 2025Sabalo II4201960196$60.89$3.19
Sep 2025Sabalo II8002860286$63.96$2.97
Aug 2025Sabalo II1051613040304$64.86$2.91
Jul 2025Sabalo II971773020302$68.39$3.20
Jun 2025Sabalo II10502960296$68.17$3.02
May 2025Sabalo II1051943030303$62.17$3.12
Apr 2025Sabalo II10302970297$63.54$3.42
Mar 2025Sabalo II1191863060306$68.24$4.12
Feb 2025Sabalo II10017243043$71.53$4.19
Jan 2025Sabalo II12203010301$75.74$4.13
Dec 2024Sabalo II1221853060306$70.12$3.01
Nov 2024Sabalo II1161843090309$69.95$2.12
Oct 2024Sabalo II12703690369$71.99$2.20
Sep 2024Diamondback E&P1131882050205$70.24$2.28
Aug 2024Diamondback E&P1201591980198$76.68$1.99
Jul 2024Diamondback E&P13361980198$81.80$2.07
Jun 2024Diamondback E&P1171751820182$79.77$2.54
May 2024Diamondback E&P1441682480248$80.02$2.12
Apr 2024Diamondback E&P1841902150215$85.35$1.60
Mar 2024Diamondback E&P47067067$81.28$1.49
Feb 2024Diamondback E&P12517795095$77.25$1.72
Jan 2024Diamondback E&P1371901110111$74.15$3.18
Dec 2023Diamondback E&P12201430143$71.90$2.52
Nov 2023Diamondback E&P13417098098$77.69$2.71
Oct 2023Diamondback E&P1411691280128$85.64$2.98
Sep 2023Diamondback E&P1271741630163$89.43$2.64
Aug 2023Diamondback E&P14101490149$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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This lease belongs to

OperatorSabalo II Operating, LLCFieldSpraberry (Trend Area)CountyAndrews County

Sabalo II Operating, LLC in Andrews County

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Spraberry (Trend Area) field

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