Texas oil lease
ProducingBLAGRAVE B 42-43
Blagrave B 42-43 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-62285
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 315,328 mcf
- Oil in Jul 2026
- 8,726 bbl
Checks stopped on this lease?
- Operator
Operator changed: Diamondback E&P LLC took over from De IV Operating, LLC in May 2025.
- P-5
The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 77% since Mar 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since May 2025 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 40.7% of the gas in Mar 2025.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 310,501 mcf
Flared (4)
1.1% · 3,444 mcf
Lease fuel (1)
0.4% · 1,383 mcf
1.1% of the gas flared in the last 12 months. 6 months above 3%.
Who has run this lease
The operator changed once, most recently in May 2025
- Diamondback E&P LLC May 2025 to now
- De IV Operating, LLC Mar 2025 to Apr 2025
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46386 | 4402H | Active |
| 42-317-46387 | 3002H | Active |
SourceTexas Railroad Commission Wellbore Query.
418.65 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-46386 | 4402H | Aug 2, 2024 | Oct 24, 2024 | 418.65 |
| 42-317-46387 | 3002H | Aug 2, 2024 | Oct 15, 2024 | 418.65 |
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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
17 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 8,726 | 8,763 | 35,077 | 34,919 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 9,099 | 9,089 | 31,061 | 30,783 | 140 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 9,972 | 9,949 | 27,343 | 27,211 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 7,909 | 7,937 | 19,803 | 19,693 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 10,984 | 10,983 | 25,504 | 25,368 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 12,342 | 12,360 | 23,890 | 23,757 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 15,321 | 15,312 | 26,077 | 25,952 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 16,912 | 16,905 | 22,432 | 22,329 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 12,506 | 12,462 | 8,252 | 8,167 | 35 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 5,071 | 5,092 | 11,914 | 11,818 | 28 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 15,303 | 15,336 | 44,373 | 41,891 | 2,356 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 18,706 | 18,688 | 39,602 | 38,613 | 885 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 25,089 | 25,136 | 48,333 | 46,558 | 1,775 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 32,092 | 32,085 | 51,506 | 48,287 | 3,219 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 46,381 | 46,511 | 47,994 | 44,717 | 3,277 | $62.17 | $3.12 |
| Apr 2025De IV | 53,876 | 53,955 | 34,275 | 31,233 | 3,042 | $63.54 | $3.42 |
| Mar 2025De IV | 20,063 | 19,721 | 15,501 | 9,198 | 6,303 | $68.24 | $4.12 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- TIBOR 11-2 H
143,498 bbl
- KRONOS 61-7 A
144,957 bbl
- HEIDELBERG 30-31 O
148,969 bbl
- UL MARSHALLDALE 15-28 C
152,466 bbl
- ABU GARCIA 28-16 F
143,872 bbl
- MABEE XE EAST 9-16 C
151,001 bbl
- OPEN RANGE 28-29 A
123,200 bbl
- GREYSTOKE 1-5 F
144,282 bbl
- ABU GARCIA 28-16 C
139,667 bbl
- MCLINTOCK 15-27 M
139,509 bbl
Spraberry (Trend Area) field
- ALLEDER-WELCH 33N
149,056 bbl
- CUYAHOGA VALLEY 22-3 A
153,956 bbl
- STEAMBOAT SPRINGS 1681CP
142,157 bbl
- SIDEWAYZER UNIT 1824
107,858 bbl
- MCALISTER 33G
141,917 bbl
- ST NW
129,864 bbl
- OPEN RANGE 28-29 A
123,200 bbl
- SALE-LOUDER 33G
145,318 bbl
- HILL 30-19 G
103,143 bbl
- BEAL-GRAHAM E26J
149,800 bbl
Leases within 10 km
- BLAGRAVE A 42-43
233,343 bbl · 0 km
- DAVIS 42
1,280 bbl · 0.2 km
- BLAGRAVE D 42-43
92,980 bbl · 0.3 km
- BLAGRAVE F 42-43
110,239 bbl · 0.3 km
- BLAGRAVE G 42-43
90,327 bbl · 0.3 km
- BARRAZA
0 bbl · 0.6 km
- HALE "36"
5,585 bbl · 0.6 km
- LORENA 36
4,042 bbl · 0.6 km
- HALE '42'
248 bbl · 0.8 km
- DERWOOD '42'
0 bbl · 0.9 km
Drilling permits within 10 km
JENSEN 52 #2
new drill · Junction Resources Op, LLC · Martin County · 7.7 km
Permit 0916016 · Jun 11, 2026
HERA 56-46 UNIT 2 #3WD
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.3 km
Permit 0914556 · Apr 7, 2026
HERA 56-46 UNIT 2 #4WD
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.3 km
Permit 0914557 · Apr 7, 2026
HERA 56-46 UNIT 2 #3JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.3 km
Permit 0913887 · Apr 6, 2026
HERA 56-46 UNIT 2 #5WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.3 km
Permit 0913884 · Mar 9, 2026