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Texas oil lease

Producing

CABERNET

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

5 wells

4,344bbl oil, last 12 months+33% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-40357

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
21,293 mcf
Oil in Jul 2026
435 bbl

Production by month

Oil output rose 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 33% over the last 12 monthsMonthly oil production and gas for CABERNET, Aug 2023 to Jul 2026. Oil output rose 33% over the last 12 months. 4,344 bbl in the 12 months through Jul 2026, against 3,254 bbl in the 12 months before.Last 12 months: 4,344 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 33% over the last 12 monthsMonthly oil production and gas for CABERNET, Aug 2023 to Jul 2026. Oil output rose 33% over the last 12 months. 4,344 bbl in the 12 months through Jul 2026, against 3,254 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 21.0% of the gas in Nov 2025.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of CABERNET gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 21.0% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 21.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of CABERNET gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 21.0% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Flared 21.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 20,807 mcf

  • Flared (4)

    2.3% · 486 mcf

2.3% of the gas flared in the last 12 months. 5 months above 3%.

5 wells on this lease

Wells on CABERNET
API numberWell no.Status
42-317-357161Active
42-317-358132Active
42-317-358144Shut-in
42-317-358165Active
42-317-365286Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Jul 1, 2021Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Jul 1, 2021Apr 1, 2026
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Apr 1, 2026
Explore Logistics LLCOilGathers25Jul 1, 2021Apr 1, 2026
Oryx Midland Oil Gathering LLCOilGathers50Jul 1, 2021Apr 1, 2026
Eastex Crude CompanyOilGathers25Jul 1, 2021Jan 1, 2023

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

Who buys my oilOil price check

800 acres on the newest permit

Permits for Cabernet
API numberWell no.Acreson the permit
42-317-358132800
42-317-358165800
42-317-365286800
42-317-358144800
42-317-357161800

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 CABERNET
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264354312,0361,96472$80.46$2.89
Jun 20263283531,7971,7970$84.81$3.15
May 20263943722,0382,0380$102.13$2.94
Apr 20263843812,3732,3730$100.32$2.77
Mar 20264034152,1522,1520$91.38$3.04
Feb 20263383841,7011,7010$64.51$3.62
Jan 20264494091,9181,88632$60.04$7.72
Dec 20253743621,8291,8227$57.97$4.26
Nov 20254174251,6301,288342$60.06$3.79
Oct 20253253051,2301,2300$60.89$3.19
Sep 20252112281,1521,1520$63.96$2.97
Aug 20252862821,4371,40433$64.86$2.91
Jul 20252682481,1851,1850$68.39$3.20
Jun 20251461571,0101,0100$68.17$3.02
May 20251721731,1101,1100$62.17$3.12
Apr 20252702661,0531,0449$63.54$3.42
Mar 202523624997991267$68.24$4.12
Feb 20252322327667660$71.53$4.19
Jan 20252011998528520$75.74$4.13
Dec 20242592929499490$70.12$3.01
Nov 20242942659499490$69.95$2.12
Oct 20243874041,2771,2770$71.99$2.20
Sep 20244014021,3261,3260$70.24$2.28
Aug 20243883721,7021,7020$76.68$1.99
Jul 20244945002,4402,42119$81.80$2.07
Jun 20244414392,2082,085123$79.77$2.54
May 20243443262,0051,856149$80.02$2.12
Apr 20244905001,7051,7005$85.35$1.60
Mar 20243483531,4701,4700$81.28$1.49
Feb 20244514591,3251,31510$77.25$1.72
Jan 20246576451,0221,0220$74.15$3.18
Dec 20235875781,0861,0860$71.90$2.52
Nov 202354456082981019$77.69$2.71
Oct 20234384735135130$85.64$2.98
Sep 20236175969099090$89.43$2.64
Aug 20234514127157150$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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