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Texas oil lease

Producing

CORRETTO 98-8 H

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

1 well

26,394bbl oil, last 12 months−68% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61585

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
212,136 mcf
Oil in Jul 2026
1,710 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 68% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 68% over the last 12 monthsMonthly oil production and gas for CORRETTO 98-8 H, May 2024 to Jul 2026. Oil output fell 68% over the last 12 months. 26,394 bbl in the 12 months through Jul 2026, against 82,960 bbl in the 12 months before.Last 12 months: 26,394 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 68% over the last 12 monthsMonthly oil production and gas for CORRETTO 98-8 H, May 2024 to Jul 2026. Oil output fell 68% over the last 12 months. 26,394 bbl in the 12 months through Jul 2026, against 82,960 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 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 H gas by disposition code each month, May 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 H gas by disposition code each month, May 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% · 209,107 mcf

  • Lease fuel (1)

    1.0% · 2,079 mcf

  • Flared (4)

    0.4% · 950 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 H
API numberWell no.Status
42-317-458532USActive

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.

  • 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.

Check your decimal on this lease
Permits for Corretto 98-8 H
API numberWell no.Acreson the permit
42-317-458532US889.36

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

27 months, newest first

Ledger for CORRETTO 98-8 H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,7101,71015,20615,0200$80.46$2.89
Jun 20261,5711,57114,29714,12312$84.81$3.15
May 20262,0322,03016,02215,83612$102.13$2.94
Apr 20262,1222,12715,17214,99712$100.32$2.77
Mar 20261,3411,33912,20312,0750$91.38$3.04
Feb 20261,7361,73615,93215,7650$64.51$3.62
Jan 20261,9471,95518,43017,786445$60.04$7.72
Dec 20252,5332,52918,43518,2650$57.97$4.26
Nov 20252,2682,27519,67119,303196$60.06$3.79
Oct 20252,6392,62622,23322,0590$60.89$3.19
Sep 20253,0683,08022,62422,41914$63.96$2.97
Aug 20253,4273,42321,91121,459259$64.86$2.91
Jul 20252,8452,84722,18521,93426$68.39$3.20
Jun 20254,0144,03023,68223,125176$68.17$3.02
May 20254,9324,91926,36325,817194$62.17$3.12
Apr 20257,5927,61627,99027,6516$63.54$3.42
Mar 20258,0818,07532,17931,698104$68.24$4.12
Feb 20259,0569,06628,78328,4930$71.53$4.19
Jan 202512,23212,25231,93730,352341$75.74$4.13
Dec 202413,41813,41429,88327,459166$70.12$3.01
Nov 202411,31511,33811,48310,086293$69.95$2.12
Oct 20249,4759,3936,4845,59356$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
May 202400000$80.02$2.12

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

Diamondback E&P LLC in Martin County

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