Skip to content
Royalty Clerk

Texas oil lease

Producing

CRESPI UNIT 1

Crespi Unit 1 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

Oil lease dossier

3,465bbl oil, last 12 months−67% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-39784

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
6,691 mcf
Oil in Jul 2026
156 bbl

Production by month

Oil output fell 67% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 67% over the last 12 monthsMonthly oil production and gas for CRESPI UNIT 1, Aug 2023 to Jul 2026. Oil output fell 67% over the last 12 months. 3,465 bbl in the 12 months through Jul 2026, against 10,379 bbl in the 12 months before.Last 12 months: 3,465 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 67% over the last 12 monthsMonthly oil production and gas for CRESPI UNIT 1, Aug 2023 to Jul 2026. Oil output fell 67% over the last 12 months. 3,465 bbl in the 12 months through Jul 2026, against 10,379 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

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

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CRESPI UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CRESPI UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in May 2024.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    75% · 5,027 mcf

  • Flared (4)

    25% · 1,664 mcf

24.9% of the gas flared in the last 12 months. 9 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2017Aug 1, 2025

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

Who buys my oilOil price check

484.50 acres on the newest permit

The wells on this lease state different acreage

The permits state between 160 and 596.1 acres.

Permits for Crespi Unit 1
API numberWell no.Acreson the permit
42-329-00239138484.50
42-329-002362M515.30
42-329-00238147596.10
42-329-00235247160

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 CRESPI UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P156189385126259$80.46$2.89
Jun 2026Diamondback E&P2651805790579$84.81$3.15
May 2026Diamondback E&P3203816040604$102.13$2.94
Apr 2026Diamondback E&P2241842060206$100.32$2.77
Mar 2026Diamondback E&P2471702382380$91.38$3.04
Feb 2026Diamondback E&P2723792382380$64.51$3.62
Jan 2026Diamondback E&P2881865505500$60.04$7.72
Dec 2025Diamondback E&P2813707327320$57.97$4.26
Nov 2025Diamondback E&P33018376875216$60.06$3.79
Oct 2025Diamondback E&P2903517167160$60.89$3.19
Sep 2025Diamondback E&P2503615305300$63.96$2.97
Aug 2025Diamondback E&P5425461,1451,1450$64.86$2.91
Jul 2025Diamondback E&P5303631,2111,2092$68.39$3.20
Jun 2025Diamondback E&P6517561,4251,4250$68.17$3.02
May 2025Diamondback E&P6945501,498545953$62.17$3.12
Apr 2025Diamondback E&P8391,1011,484657827$63.54$3.42
Mar 2025Diamondback E&P9199051,7591,7590$68.24$4.12
Feb 2025Diamondback E&P7527291,4491,4490$71.53$4.19
Jan 2025Diamondback E&P1,1571,1562,1712,1692$75.74$4.13
Dec 2024Endeavor Energy1,0531,0972,2002,2000$70.12$3.01
Nov 2024Endeavor Energy1,1291,1092,2562,2560$69.95$2.12
Oct 2024Endeavor Energy1,1091,0951,9731,9730$71.99$2.20
Sep 2024Endeavor Energy6645451,4251,4250$70.24$2.28
Aug 2024Endeavor Energy8828962,1041,861243$76.68$1.99
Jul 2024Endeavor Energy1,1261,0822,3232,3230$81.80$2.07
Jun 2024Endeavor Energy9321,0562,1767671,409$79.77$2.54
May 2024Endeavor Energy5775461,39801,398$80.02$2.12
Apr 2024Endeavor Energy9229181,6421,6420$85.35$1.60
Mar 2024Endeavor Energy1,2611,2672,5122,5120$81.28$1.49
Feb 2024Endeavor Energy1,0261,2702,1852,1850$77.25$1.72
Jan 2024Endeavor Energy1,2811,0752,1792,1790$74.15$3.18
Dec 2023Endeavor Energy1,1961,2512,2542,2540$71.90$2.52
Nov 2023Endeavor Energy1,3711,2362,2462,2460$77.69$2.71
Oct 2023Endeavor Energy1,2031,2642,5012,5010$85.64$2.98
Sep 2023Endeavor Energy1,5251,4022,9222,9220$89.43$2.64
Aug 2023Endeavor Energy1,1191,3092,3502,3500$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) field

All leases in this field →

New drilling permits in Midland County

Newest in the county: this lease has no coordinates.