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Texas oil lease

Producing

BROWN '48'

Brown '48' is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

1,095bbl oil, last 12 months−27% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-43880

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
157 mcf
Oil in Jul 2026
119 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for BROWN '48', Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 1,095 bbl in the 12 months through Jul 2026, against 1,505 bbl in the 12 months before.Last 12 months: 1,095 bblbbl per monthmcf per month0050251005015075200100250125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for BROWN '48', Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 1,095 bbl in the 12 months through Jul 2026, against 1,505 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050251005015075200100250125Jan 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 2 months reported

Flaring peaked at 100.0% of the gas in May 2026.

All of the gas went to flaring in the 2 months reportedShare of BROWN '48' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 2 months reported. Flaring peaked at 100.0% of the gas in May 2026.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 2 months reportedShare of BROWN '48' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 2 months reported. Flaring peaked at 100.0% of the gas in May 2026.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 2 months reported. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on BROWN '48'
API numberWell no.Status
42-317-382061Active
42-317-385063Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Apr 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Jun 1, 2020Apr 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Jun 1, 2020Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2020Apr 1, 2025
Enlink Crude Purchasing LLCOilGathers100Nov 1, 2019Jun 1, 2020
Wtg Gas Processing, L.p.Casinghead gasGathers100Jan 1, 2019Nov 1, 2019

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Brown '48'
API numberWell no.Acreson the permit
42-317-385063320
42-317-382061320

SourceRailroad Commission drilling permits, Sep 26, 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 BROWN '48'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P119181000$80.46$2.89
Jun 2026Diamondback E&P1131801190119$84.81$3.15
May 2026Diamondback E&P11818438038$102.13$2.94
Apr 2026Diamondback E&P1170000$100.32$2.77
Mar 2026Diamondback E&P137180000$91.38$3.04
Feb 2026Diamondback E&P127181000$64.51$3.62
Jan 2026Diamondback E&P300000$60.04$7.72
Dec 2025Diamondback E&P30000$57.97$4.26
Nov 2025Diamondback E&P00000$60.06$3.79
Oct 2025Diamondback E&P500000$60.89$3.19
Sep 2025Diamondback E&P115187000$63.96$2.97
Aug 2025Diamondback E&P1660000$64.86$2.91
Jul 2025Diamondback E&P310000$68.39$3.20
Jun 2025Diamondback E&P103372000$68.17$3.02
May 2025Diamondback E&P1290000$62.17$3.12
Apr 2025Diamondback E&P127174000$63.54$3.42
Mar 2025Diamondback E&P1430000$68.24$4.12
Feb 2025Diamondback E&P107175000$71.53$4.19
Jan 2025Diamondback E&P139189000$75.74$4.13
Dec 2024Endeavor Energy147177000$70.12$3.01
Nov 2024Endeavor Energy1340000$69.95$2.12
Oct 2024Endeavor Energy152186000$71.99$2.20
Sep 2024Endeavor Energy125177000$70.24$2.28
Aug 2024Endeavor Energy168168000$76.68$1.99
Jul 2024Endeavor Energy152179000$81.80$2.07
Jun 2024Endeavor Energy1220000$79.77$2.54
May 2024Endeavor Energy34184000$80.02$2.12
Apr 2024Endeavor Energy1390000$85.35$1.60
Mar 2024Endeavor Energy158336000$81.28$1.49
Feb 2024Endeavor Energy1380000$77.25$1.72
Jan 2024Endeavor Energy174172000$74.15$3.18
Dec 2023Endeavor Energy176173000$71.90$2.52
Nov 2023Endeavor Energy140173000$77.69$2.71
Oct 2023Endeavor Energy213345000$85.64$2.98
Sep 2023Endeavor Energy1850000$89.43$2.64
Aug 2023Endeavor Energy189184000$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

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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