Skip to content
Royalty Clerk

Texas oil lease

Producing

BUTCH CASSIDY 43-7 UNIT 1

Butch Cassidy 43-7 Unit 1 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

12 wells

2,484,597bbl oil, last 12 months
RRC lease
08-62859

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
3,758,439 mcf
Oil in Jul 2026
128,455 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: DCP OPERATING COMPANY, LP replaced PHILLIPS 66 DOS PICOS LLC as the buyer of this lease's gas from oil wells on Jul 25, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output since Nov 2024

Mar 2025 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output since Nov 2024Monthly oil production and gas for BUTCH CASSIDY 43-7 UNIT 1, Nov 2024 to Jul 2026. Oil output since Nov 2024. Monthly average of 126,492 bbl in the latest 3 months, against 0 bbl in the first 3.Last 12 months: 2,484,597 bblbbl per monthmcf per month00100k100k200k200k300k300k400k400k500k500kJan 25AprJulOctJan 26AprJul
Oil output since Nov 2024Monthly oil production and gas for BUTCH CASSIDY 43-7 UNIT 1, Nov 2024 to Jul 2026. Oil output since Nov 2024. Monthly average of 126,492 bbl in the latest 3 months, against 0 bbl in the first 3.Last 12 monthsbbl per monthmcf per month00100k100k200k200k300k300k400k400k500k500kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the last 12 months

Flaring peaked at 6.1% of the gas in Aug 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the last 12 monthsShare of BUTCH CASSIDY 43-7 UNIT 1 gas by disposition code each month, Nov 2024 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.1% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.1%Jan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of BUTCH CASSIDY 43-7 UNIT 1 gas by disposition code each month, Nov 2024 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 6.1% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Flared 6.1%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 3,605,552 mcf

  • Lease fuel (1)

    2.9% · 107,206 mcf

  • Flared (4)

    1.2% · 45,681 mcf

1.2% of the gas flared in the last 12 months. 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., Nov 2024 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 202620252026Changed Jan 2025Endeavor Energy Resources L.P.Nov 2024 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Nov 2024 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 202620252026Changed Jan 2025Endeavor Energy Resources L.P.Nov 2024 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

12 wells on this lease

Wells on BUTCH CASSIDY 43-7 UNIT 1
API numberWell no.Status
42-317-46278112DNActive
42-317-46279113JMActive
42-317-46281122LSActive
42-317-46283224WBShut-in
42-317-46284125MSActive
42-317-46285231WAActive
42-317-46286132LSActive
42-317-46288234WBActive
42-317-46290136JMActive
42-317-46291241WBShut-in
42-317-46292142LSActive
42-317-46637R241WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Pipeline LLCOilGathers100Jul 25, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Jul 25, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Jul 25, 2025–
Phillips 66 Dos Picos LLCCasinghead gasGathers100Jan 1, 2025Jul 25, 2025
Phillips 66 Dos Picos LLCCasinghead gasBuys100Jan 1, 2025Jul 25, 2025
Enterprise Crude Oil LLCOilGathers100Jan 1, 2025Jul 25, 2025

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

820.26 acres on the newest permit

  • Good to know

    14 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Butch Cassidy 43-7 Unit 1
API numberWell no.Acreson the permit
42-317-46637R241WA820.26
42-317-46291241WB820.26
42-317-46292142LS820.26
42-317-46278112DN820.26
42-317-46278112WA820.26
42-317-46279113JM820.26
42-317-46281122LS820.26
42-317-46283224WB820.26
42-317-46284125JM820.26
42-317-46284125MS820.26
42-317-46285231WA820.26
42-317-46286132LS820.26

SourceRailroad Commission drilling permits, Oct 3, 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

21 months, newest first

Ledger for BUTCH CASSIDY 43-7 UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P128,455128,509321,226310,8731,039$80.46$2.89
Jun 2026Diamondback E&P121,913121,821271,958256,5926,585$84.81$3.15
May 2026Diamondback E&P129,108129,209268,751257,6732,112$102.13$2.94
Apr 2026Diamondback E&P145,362145,215271,621259,3423,425$100.32$2.77
Mar 2026Diamondback E&P174,974175,312334,089321,6923,191$91.38$3.04
Feb 2026Diamondback E&P183,240183,074309,534292,55910,162$64.51$3.62
Jan 2026Diamondback E&P222,693222,548335,247324,9672,754$60.04$7.72
Dec 2025Diamondback E&P281,772281,717388,119377,8381,330$57.97$4.26
Nov 2025Diamondback E&P320,172320,194416,897404,9381,145$60.06$3.79
Oct 2025Diamondback E&P314,118314,114345,205330,7633,542$60.89$3.19
Sep 2025Diamondback E&P307,809307,855324,462313,9800$63.96$2.97
Aug 2025Diamondback E&P154,981154,575171,330154,33510,396$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 2025No report–––––$68.24$4.12
Feb 2025Diamondback E&P00000$71.53$4.19
Jan 2025Diamondback E&P00000$75.74$4.13
Dec 2024Endeavor Energy00000$70.12$3.01
Nov 2024Endeavor Energy00000$69.95$2.12

No report filed 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 reasons

Do your checks match this lease?

Nearby

Diamondback E&P LLC in Martin County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km