Texas oil lease
ProducingCOLE 36-2406 AL 3
Cole 36-2406 Al 3 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-49479
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 79,520 mcf
- Oil in Jul 2026
- 357 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Aug 1, 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 14% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
93% of the gas went to a transmission line in the last 12 months
Flaring peaked at 25.4% of the gas in Nov 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
93% · 73,674 mcf
Flared (4)
7.3% · 5,843 mcf
Lease fuel (1)
0.0% · 3 mcf
7.3% of the gas flared in the last 12 months. 17 months above 3%.
Who has run this lease
The operator changed once, most recently in Oct 2021
- Diamondback E&P LLC Oct 2021 to now
- Qep Energy Company Jan 2020 to Sep 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-40683 | N 16WA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Valero Marketing and Supply Co. | Oil | Gathers | 100 | Apr 26, 2023 | – |
| Enterprise M B Midstream LLC | Casinghead gas | Buys | 100 | Aug 1, 2025 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Aug 1, 2025 | – |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Gathers | 100 | Apr 26, 2023 | Aug 1, 2025 |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Buys | 100 | Apr 26, 2023 | Aug 1, 2025 |
| Navitas Mdstr Midland Basin, LLC | Casinghead gas | Gathers | 100 | Nov 1, 2017 | Apr 26, 2023 |
| Navitas Mdstr Midland Basin, LLC | Casinghead gas | Buys | 100 | Nov 1, 2017 | Apr 26, 2023 |
| Mustang Springs Oil Terminal,llc | Oil | Gathers | 100 | Nov 1, 2017 | Apr 26, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
468.22 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-40683 | N 16WA | Feb 10, 2017 | Jun 10, 2017 | 468.22 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 357 | 369 | 9,775 | 9,742 | 33 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 571 | 560 | 9,704 | 7,419 | 2,285 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 563 | 553 | 9,526 | 8,995 | 531 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 669 | 667 | 9,022 | 8,648 | 374 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 557 | 595 | 9,504 | 8,382 | 1,122 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 459 | 443 | 8,610 | 8,240 | 370 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 115 | 85 | 3,409 | 3,378 | 31 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 250 | 311 | 2,366 | 2,238 | 128 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 411 | 363 | 2,665 | 1,989 | 676 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 328 | 345 | 4,096 | 3,886 | 210 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 368 | 322 | 4,306 | 4,287 | 19 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 271 | 271 | 6,537 | 6,470 | 64 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 321 | 321 | 9,565 | 9,021 | 513 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 307 | 307 | 5,554 | 5,148 | 387 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 347 | 349 | 4,272 | 4,258 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 887 | 890 | 3,941 | 3,906 | 22 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 477 | 481 | 3,049 | 3,013 | 24 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 382 | 383 | 1,895 | 1,756 | 130 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 535 | 532 | 2,628 | 2,477 | 140 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 453 | 456 | 3,177 | 3,120 | 46 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 470 | 468 | 2,687 | 2,676 | 0 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 504 | 503 | 3,309 | 3,261 | 36 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 531 | 530 | 2,953 | 2,942 | 1 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 485 | 487 | 3,236 | 3,218 | 7 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 621 | 622 | 3,435 | 3,378 | 45 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 623 | 624 | 3,970 | 3,642 | 313 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 635 | 634 | 5,857 | 5,707 | 101 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 620 | 621 | 4,369 | 4,332 | 4 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 649 | 655 | 4,755 | 4,711 | 8 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 565 | 554 | 4,245 | 4,165 | 48 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 613 | 617 | 4,348 | 3,671 | 647 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 645 | 640 | 4,094 | 3,954 | 112 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 546 | 546 | 4,245 | 4,188 | 30 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 589 | 590 | 5,333 | 5,108 | 189 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 627 | 628 | 6,098 | 5,289 | 771 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 747 | 745 | 4,234 | 3,965 | 242 | $81.39 | $2.58 |
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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- FORTRESS B2
5,037 bbl
- WOLCOTT CAMPBELL
7,182 bbl
- BLAGRAVE '58'
8,059 bbl
- FORTRESS D1
3,170 bbl
- COLE 36-2406 AL 8
4,476 bbl
- RUSTY NAIL
7,587 bbl
- KELVIN ALLRED "17"
7,876 bbl
- HALL A1
5,759 bbl
- FORTRESS D4
6,445 bbl
- HUGHES-PARKER "56"
6,745 bbl
Spraberry (Trend Area) field
- CLARK 1FF
4,981 bbl
- DR ORSON B
7,154 bbl
- NEWTON 43C
6,698 bbl
- CARTER
6,910 bbl
- NOBLES ALLOC
6,331 bbl
- WOLCOTT CAMPBELL
7,182 bbl
- MABEE OH X4
7,975 bbl
- RILEY H 1807
2,525 bbl
- FASKEN, ANDREW UNIT 7
8,290 bbl
- WHL
7,481 bbl
Leases within 10 km
- COLE 36-2406 AL 1
2,279 bbl · 0 km
- COLE 36-2406 AL 10
1,390 bbl · 0.1 km
- COLE 36-2406 AL 9
2,076 bbl · 0.2 km
- COLE 36-2406 AL 8
4,476 bbl · 0.2 km
- COLE 36-2406 AL 7
3,554 bbl · 0.2 km
- ANN COLE TRUST
2,866 bbl · 0.2 km
- COLE 36-2406 AL 14
692 bbl · 0.2 km
- COLE 36-2406 AL 13
2,528 bbl · 0.2 km
- COLE 36-2406 AL 12
2,086 bbl · 0.3 km
- COLE 36-2406 AL 11
1,641 bbl · 0.3 km
Drilling permits within 10 km
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 3.3 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 3.3 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 3.3 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 3.3 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 3.3 km
Permit 0918594 · Sep 17, 2026