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Texas oil lease

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BUCHANAN 30

Buchanan 30 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

4mcf gas, last 12 months−81% vs prior year
RRC lease
08-21892

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 81% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 81% over the last 12 monthsMonthly gas production and oil for BUCHANAN 30, Aug 2023 to Jul 2026. Gas output fell 81% over the last 12 months. 4 mcf in the 12 months through Jul 2026, against 21 mcf in the 12 months before.Last 12 months: 4 mcfmcf per monthbbl per month001025205030754010050125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 81% over the last 12 monthsMonthly gas production and oil for BUCHANAN 30, Aug 2023 to Jul 2026. Gas output fell 81% over the last 12 months. 4 mcf in the 12 months through Jul 2026, against 21 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001025205030754010050125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BUCHANAN 30 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BUCHANAN 30 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 163 mcf

  • Transmission line (2)

    7.9% · 14 mcf

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 BUCHANAN 30
API numberWell no.Status
42-329-315052Shut-in
42-329-342553Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Jun 1, 2020–
Dcp Operating Company, LPCasinghead gasGathers100Jun 1, 2020–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2020Aug 1, 2025
Enlink Crude Purchasing LLCOilGathers100Nov 1, 2019Jun 1, 2020
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Nov 1, 2019
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Nov 1, 2019
Plains Marketing, L.p.OilGathers100Jan 1, 2019Nov 1, 2019

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

160 acres on the newest permit

Permits for Buchanan 30
API numberWell no.Acreson the permit
42-329-342553160
42-329-315052160
42-329-300751–

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

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 BUCHANAN 30
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P00000$80.46$2.89
Jun 2026Diamondback E&P00000$84.81$3.15
May 2026Diamondback E&P00000$102.13$2.94
Apr 2026Diamondback E&P00000$100.32$2.77
Mar 2026Diamondback E&P00000$91.38$3.04
Feb 2026Diamondback E&P00000$64.51$3.62
Jan 2026Diamondback E&P00000$60.04$7.72
Dec 2025Diamondback E&P00000$57.97$4.26
Nov 2025Diamondback E&P00000$60.06$3.79
Oct 2025Diamondback E&P00000$60.89$3.19
Sep 2025Diamondback E&P00440$63.96$2.97
Aug 2025Diamondback E&P00000$64.86$2.91
Jul 2025Diamondback E&P00000$68.39$3.20
Jun 2025Diamondback E&P00000$68.17$3.02
May 2025Diamondback E&P00000$62.17$3.12
Apr 2025Diamondback E&P00000$63.54$3.42
Mar 2025Diamondback E&P00000$68.24$4.12
Feb 2025Diamondback E&P00000$71.53$4.19
Jan 2025Diamondback E&P033000$75.74$4.13
Dec 2024Endeavor Energy30330$70.12$3.01
Nov 2024Endeavor Energy210770$69.95$2.12
Oct 2024Endeavor Energy17174000$71.99$2.20
Sep 2024Endeavor Energy00000$70.24$2.28
Aug 2024Endeavor Energy17011110$76.68$1.99
Jul 2024Endeavor Energy42011110$81.80$2.07
Jun 2024Endeavor Energy580000$79.77$2.54
May 2024Endeavor Energy00000$80.02$2.12
Apr 2024Endeavor Energy230770$85.35$1.60
Mar 2024Endeavor Energy9017432320$81.28$1.49
Feb 2024Endeavor Energy78040400$77.25$1.72
Jan 2024Endeavor Energy9517923230$74.15$3.18
Dec 2023Endeavor Energy91017170$71.90$2.52
Nov 2023Endeavor Energy91180880$77.69$2.71
Oct 2023Endeavor Energy85014140$85.64$2.98
Sep 2023Endeavor Energy9317832320$89.43$2.64
Aug 2023Endeavor Energy1194011110$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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