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Texas oil lease

Producing

CORRETTO 98-8 G

Corretto 98-8 G is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

70,419bbl oil, last 12 months−58% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61584

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
67,690 mcf
Oil in Jul 2026
3,603 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

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

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Production by month

Oil output fell 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for CORRETTO 98-8 G, Jun 2024 to Jul 2026. Oil output fell 58% over the last 12 months. 70,419 bbl in the 12 months through Jul 2026, against 165,961 bbl in the 12 months before.Last 12 months: 70,419 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 58% over the last 12 monthsMonthly oil production and gas for CORRETTO 98-8 G, Jun 2024 to Jul 2026. Oil output fell 58% over the last 12 months. 70,419 bbl in the 12 months through Jul 2026, against 165,961 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of CORRETTO 98-8 G gas by disposition code each month, Jun 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jul 24OctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of CORRETTO 98-8 G gas by disposition code each month, Jun 2024 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 66,731 mcf

  • Lease fuel (1)

    1.0% · 668 mcf

  • Flared (4)

    0.4% · 291 mcf

0.4% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on CORRETTO 98-8 G
API numberWell no.Status
42-317-458511DNActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Jan 16, 2025–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Jan 16, 2025Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Jan 16, 2025Apr 1, 2026

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

Who buys my oilOil price check

889.36 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.

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Permits for Corretto 98-8 G
API numberWell no.Acreson the permit
42-317-458511DN889.36
42-317-458511WA889.36

SourceRailroad Commission drilling permits, Oct 3, 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

26 months, newest first

Ledger for CORRETTO 98-8 G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,6033,6063,9173,8690$80.46$2.89
Jun 20264,6374,6355,1795,1164$84.81$3.15
May 20265,2195,2155,5145,4504$102.13$2.94
Apr 20265,3265,3505,2745,2134$100.32$2.77
Mar 20266,2466,2285,6295,5700$91.38$3.04
Feb 20264,3994,4035,2475,1920$64.51$3.62
Jan 20266,6386,6525,7335,533138$60.04$7.72
Dec 20256,0556,0485,4595,4090$57.97$4.26
Nov 20256,1746,1935,6675,56057$60.06$3.79
Oct 20257,0497,0146,7826,7290$60.89$3.19
Sep 20257,1427,1696,5026,4434$63.96$2.97
Aug 20257,9317,9266,7876,64780$64.86$2.91
Jul 20257,8607,8597,6987,6119$68.39$3.20
Jun 20258,6848,6997,0846,91753$68.17$3.02
May 20257,2607,2428,0697,90259$62.17$3.12
Apr 202511,54211,5828,0077,9102$63.54$3.42
Mar 202513,02813,0107,8167,69925$68.24$4.12
Feb 202512,44612,4656,7786,7100$71.53$4.19
Jan 202518,29718,3429,2838,82299$75.74$4.13
Dec 202423,29323,35412,17211,18468$70.12$3.01
Nov 202432,51332,61115,82913,903404$69.95$2.12
Oct 202431,03830,77013,59411,726118$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

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