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Texas oil lease

Producing

CEREZA

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

2 wells

2,427bbl oil, last 12 months−46% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-44523

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
151 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for CEREZA, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 2,427 bbl in the 12 months through Jul 2026, against 4,532 bbl in the 12 months before.Last 12 months: 2,427 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for CEREZA, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 2,427 bbl in the 12 months through Jul 2026, against 4,532 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

53% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Nov 2024.

  • Processing plant (3)
  • Flared (4)
53% of the gas went to flaring in the last 12 monthsShare of CEREZA gas by disposition code each month, Aug 2023 to Jul 2026. 53% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
53% of the gas went to flaring in the last 12 monthsShare of CEREZA gas by disposition code each month, Aug 2023 to Jul 2026. 53% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    53% · 2,082 mcf

  • Processing plant (3)

    47% · 1,847 mcf

53.0% of the gas flared in the last 12 months. 12 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 CEREZA
API numberWell no.Status
42-317-388391Active
42-317-391452Active

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 gasBuys100Aug 1, 2018–
Dcp Operating Company, LPCasinghead gasGathers100Aug 1, 2018–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Aug 1, 2018Aug 1, 2025

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

Who buys my oilOil price check

190.10 acres on the newest permit

Permits for Cereza
API numberWell no.Acreson the permit
42-317-391452190.10
42-317-388391190.10

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 CEREZA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P151182000$80.46$2.89
Jun 2026Diamondback E&P129185000$84.81$3.15
May 2026Diamondback E&P1510000$102.13$2.94
Apr 2026Diamondback E&P154182000$100.32$2.77
Mar 2026Diamondback E&P176179000$91.38$3.04
Feb 2026Diamondback E&P144180000$64.51$3.62
Jan 2026Diamondback E&P184187000$60.04$7.72
Dec 2025Diamondback E&P239183000$57.97$4.26
Nov 2025Diamondback E&P90197000$60.06$3.79
Oct 2025Diamondback E&P387375000$60.89$3.19
Sep 2025Diamondback E&P330185000$63.96$2.97
Aug 2025Diamondback E&P292379000$64.86$2.91
Jul 2025Diamondback E&P368379000$68.39$3.20
Jun 2025Diamondback E&P350364000$68.17$3.02
May 2025Diamondback E&P254206000$62.17$3.12
Apr 2025Diamondback E&P411383000$63.54$3.42
Mar 2025Diamondback E&P4163801360136$68.24$4.12
Feb 2025Diamondback E&P3853964450445$71.53$4.19
Jan 2025Diamondback E&P4766295240524$75.74$4.13
Dec 2024Endeavor Energy5625465560556$70.12$3.01
Nov 2024Endeavor Energy3433763750375$69.95$2.12
Oct 2024Endeavor Energy3721932112110$71.99$2.20
Sep 2024Endeavor Energy2043442242240$70.24$2.28
Aug 2024Endeavor Energy3913833133130$76.68$1.99
Jul 2024Endeavor Energy4895693353350$81.80$2.07
Jun 2024Endeavor Energy4693832622620$79.77$2.54
May 2024Endeavor Energy4585672812810$80.02$2.12
Apr 2024Endeavor Energy45833226722146$85.35$1.60
Mar 2024Endeavor Energy5085383253223$81.28$1.49
Feb 2024Endeavor Energy66353442240220$77.25$1.72
Jan 2024Endeavor Energy32336351761456$74.15$3.18
Dec 2023Endeavor Energy55853445259393$71.90$2.52
Nov 2023Endeavor Energy56771042035367$77.69$2.71
Oct 2023Endeavor Energy481346570217353$85.64$2.98
Sep 2023Endeavor Energy497514578205373$89.43$2.64
Aug 2023Endeavor Energy5837134084080$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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Spraberry (Trend Area) field

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