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Texas oil lease

Producing

BUCHANAN 'B'

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

Oil lease dossier

6,713bbl oil, last 12 months−4% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-45053

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
3,989 mcf
Oil in Jul 2026
524 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for BUCHANAN 'B', Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 6,713 bbl in the 12 months through Jul 2026, against 6,994 bbl in the 12 months before.Last 12 months: 6,713 bblbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for BUCHANAN 'B', Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 6,713 bbl in the 12 months through Jul 2026, against 6,994 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Jan 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 'B' 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 'B' 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.

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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Oct 21, 2012Aug 1, 2025

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Buchanan 'B'
API numberWell no.Acreson the permit
42-329-00186133160

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 BUCHANAN 'B'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P5245592852850$80.46$2.89
Jun 2026Diamondback E&P981928000$84.81$3.15
May 2026Diamondback E&P806739000$102.13$2.94
Apr 2026Diamondback E&P1,0041,299000$100.32$2.77
Mar 2026Diamondback E&P5141901301300$91.38$3.04
Feb 2026Diamondback E&P1121741951950$64.51$3.62
Jan 2026Diamondback E&P2031852602600$60.04$7.72
Dec 2025Diamondback E&P5395617437430$57.97$4.26
Nov 2025Diamondback E&P4615566516510$60.06$3.79
Oct 2025Diamondback E&P4963755745740$60.89$3.19
Sep 2025Diamondback E&P5335342952950$63.96$2.97
Aug 2025Diamondback E&P5405538568560$64.86$2.91
Jul 2025Diamondback E&P5235248688680$68.39$3.20
Jun 2025Diamondback E&P5265558438430$68.17$3.02
May 2025Diamondback E&P5905638788780$62.17$3.12
Apr 2025Diamondback E&P5615627647640$63.54$3.42
Mar 2025Diamondback E&P5675558068060$68.24$4.12
Feb 2025Diamondback E&P5715667807800$71.53$4.19
Jan 2025Diamondback E&P6597408458450$75.74$4.13
Dec 2024Endeavor Energy7897399539530$70.12$3.01
Nov 2024Endeavor Energy2813634424420$69.95$2.12
Oct 2024Endeavor Energy6715579779770$71.99$2.20
Sep 2024Endeavor Energy6187329489480$70.24$2.28
Aug 2024Endeavor Energy6385481,0021,0020$76.68$1.99
Jul 2024Endeavor Energy7779101,0791,0790$81.80$2.07
Jun 2024Endeavor Energy2651914244240$79.77$2.54
May 2024Endeavor Energy0032320$80.02$2.12
Apr 2024Endeavor Energy5285308978970$85.35$1.60
Mar 2024Endeavor Energy9079131,2681,2680$81.28$1.49
Feb 2024Endeavor Energy8077161,0571,0570$77.25$1.72
Jan 2024Endeavor Energy4075564524520$74.15$3.18
Dec 2023Endeavor Energy4703774844840$71.90$2.52
Nov 2023Endeavor Energy5035375865860$77.69$2.71
Oct 2023Endeavor Energy8087188878870$85.64$2.98
Sep 2023Endeavor Energy5535217887880$89.43$2.64
Aug 2023Endeavor Energy2203476046040$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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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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New drilling permits in Midland County

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