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Texas oil lease

Producing

CORDES

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

14 wells

36,555bbl oil, last 12 months−8% vs prior year
RRC lease
7C-15536

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
122,998 mcf
Oil in Jul 2026
3,179 bbl

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for CORDES, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 36,555 bbl in the 12 months through Jul 2026, against 39,734 bbl in the 12 months before.Last 12 months: 36,555 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for CORDES, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 36,555 bbl in the 12 months through Jul 2026, against 39,734 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 31.2% of the gas in May 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of CORDES gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 31.2% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineFlared 31.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of CORDES gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 31.2% of the gas in May 2025.Share of gas by disposition code0%50%100%Feb 26: fuel to lineFlared 31.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    59% · 73,078 mcf

  • Lease fuel (1)

    40% · 48,604 mcf

  • Flared (4)

    1.1% · 1,316 mcf

1.1% of the gas flared in the last 12 months. 7 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.

14 wells on this lease

Wells on CORDES
API numberWell no.Status
42-461-341948001HActive
42-461-345258002Active
42-461-346638003Active
42-461-347398004Active
42-461-348808005Active
42-461-351448006Active
42-461-351528007Active
42-461-378117901Active
42-461-383159401Active
42-461-387519402Active
42-461-395149403Active
42-461-400507902Active
42-461-401448002HActive
42-461-403389301Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Jan 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Jan 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Oct 1, 2019Apr 1, 2025
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2021Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2021Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100May 1, 2005Oct 1, 2019
Wtg Gas Processing, L.p.Casinghead gasBuys100Feb 1, 2018Oct 1, 2019

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

2,259.60 acres on the newest permit

The wells on this lease state different acreage

The permits state between 323.3 and 2,260 acres.

14 wells are listed on this lease

Permits for Cordes
API numberWell no.Acreson the permit
42-461-3473980042,259.60
42-461-348808005640
42-461-4033893012,259.60
42-461-401448002H2,259.60
42-461-4005079022,260
42-461-3951494032,259.60
42-461-341948001H2,259.60
42-461-387519402323.30
42-461-383159401323.30
42-461-378117901605
42-461-351528007640
42-461-351448006640

SourceRailroad Commission drilling permits, Sep 26, 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

36 months, newest first

Ledger for CORDES
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P3,1792,8508,8304,7527$80.46$2.89
Jun 2026Diamondback E&P3,1703,50112,2687,7340$84.81$3.15
May 2026Diamondback E&P3,6173,55816,65112,0090$102.13$2.94
Apr 2026Diamondback E&P3,6043,98413,4858,9510$100.32$2.77
Mar 2026Diamondback E&P3,6233,08311,6727,0160$91.38$3.04
Feb 2026Diamondback E&P3,3753,30312,7558,5320$64.51$3.62
Jan 2026Diamondback E&P2,9493,0318,7084,2296$60.04$7.72
Dec 2025Diamondback E&P3,0903,0477,6572,584674$57.97$4.26
Nov 2025Diamondback E&P1,7281,7914,36500$60.06$3.79
Oct 2025Diamondback E&P2,3972,7327,5363,1390$60.89$3.19
Sep 2025Diamondback E&P2,8382,6387,0124,336542$63.96$2.97
Aug 2025Diamondback E&P2,9852,99612,0599,79687$64.86$2.91
Jul 2025Diamondback E&P3,1703,16811,9119,494751$68.39$3.20
Jun 2025Diamondback E&P3,2903,07615,48213,190253$68.17$3.02
May 2025Diamondback E&P3,3163,34611,9316,0083,718$62.17$3.12
Apr 2025Diamondback E&P3,4233,40415,04312,386523$63.54$3.42
Mar 2025Diamondback E&P3,3393,27811,1837,8961,082$68.24$4.12
Feb 2025Diamondback E&P3,1933,49113,64611,400318$71.53$4.19
Jan 2025Diamondback E&P3,5833,72012,1319,676250$75.74$4.13
Dec 2024Endeavor Energy3,2343,24713,39811,050143$70.12$3.01
Nov 2024Endeavor Energy3,3983,10314,71312,369210$69.95$2.12
Oct 2024Endeavor Energy3,4873,35415,64313,327137$71.99$2.20
Sep 2024Endeavor Energy2,9693,46414,07012,066224$70.24$2.28
Aug 2024Endeavor Energy3,3322,89716,55814,103286$76.68$1.99
Jul 2024Endeavor Energy3,3283,07516,97514,694160$81.80$2.07
Jun 2024Endeavor Energy3,2203,41115,50213,251117$79.77$2.54
May 2024Endeavor Energy3,6483,64115,64913,446101$80.02$2.12
Apr 2024Endeavor Energy3,7903,56615,45113,6193$85.35$1.60
Mar 2024Endeavor Energy3,6373,86715,69313,5640$81.28$1.49
Feb 2024Endeavor Energy3,1073,63113,13410,96040$77.25$1.72
Jan 2024Endeavor Energy3,9113,85219,66317,51937$74.15$3.18
Dec 2023Endeavor Energy3,4483,76719,19117,3390$71.90$2.52
Nov 2023Endeavor Energy4,1993,52920,49418,4740$77.69$2.71
Oct 2023Endeavor Energy3,7543,82715,25513,361503$85.64$2.98
Sep 2023Endeavor Energy4,0143,95021,04218,9080$89.43$2.64
Aug 2023Endeavor Energy3,4963,78517,61115,6440$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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Nearby

Diamondback E&P LLC in Upton County

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Spraberry (Trend Area) field

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