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Texas gas well

Producing

DIAMANTINA 40

Diamantina 40 is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Flores, W. (Perdido) field.

1 well

32,905mcf gas, last 12 months+999% vs prior year
RRC lease
04-170184

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Oil, last 12 months
4 bbl
Gas in Jul 2026
2,812 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Hugoton Operating Company, Inc. in Jan 2025.

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

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Production by month

Gas output rose 8,491% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 8,491% over the last 12 monthsMonthly gas production and oil for DIAMANTINA 40, Aug 2023 to Jul 2026. Gas output rose 8,491% over the last 12 months. 32,905 mcf in the 12 months through Jul 2026, against 383 mcf in the 12 months before.Last 12 months: 32,905 mcfmcf per monthbbl per month002,00014,00026,00038,0004Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 8,491% over the last 12 monthsMonthly gas production and oil for DIAMANTINA 40, Aug 2023 to Jul 2026. Gas output rose 8,491% over the last 12 months. 32,905 mcf in the 12 months through Jul 2026, against 383 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,00014,00026,00038,0004Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of DIAMANTINA 40 gas by disposition code each month, Aug 2023 to Jul 2026. All 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of DIAMANTINA 40 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DIAMANTINA 40
API numberWell no.Status
42-505-338331Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019–
Hilcorp Energy CompanyGas-well gasGathers100Jan 1, 2025–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Bluestone Natural Res. Ii, LLCGas-well gasGathers100Dec 1, 2019Jun 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Flint Hills Resources, LPCondensateGathers100Jul 1, 2005Dec 1, 2019
Lobo Pipeline Company L.p.Gas-well gasGathers100Aug 1, 2001Dec 1, 2019

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

40 acres on the newest permit

Permits for Diamantina 40
API numberWell no.Acreson the permit
42-505-33833140

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for DIAMANTINA 40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy002,8122,8120$80.46$2.89
Jun 2026Varas Energy002,7172,7170$84.81$3.15
May 2026Varas Energy303,1053,1050$102.13$2.94
Apr 2026Varas Energy002,8132,8130$100.32$2.77
Mar 2026Varas Energy003,3063,3060$91.38$3.04
Feb 2026Varas Energy004,5904,5900$64.51$3.62
Jan 2026Varas Energy003,7743,7740$60.04$7.72
Dec 2025Varas Energy005,7755,7750$57.97$4.26
Nov 2025Varas Energy103,8603,8600$60.06$3.79
Oct 2025Varas Energy0054540$60.89$3.19
Sep 2025Varas Energy0048480$63.96$2.97
Aug 2025Varas Energy0051510$64.86$2.91
Jul 2025Varas Energy0050500$68.39$3.20
Jun 2025Varas Energy0048480$68.17$3.02
May 2025Varas Energy00220$62.17$3.12
Apr 2025Varas Energy00220$63.54$3.42
Mar 2025Varas Energy00770$68.24$4.12
Feb 2025Varas Energy0023230$71.53$4.19
Jan 2025Varas Energy0082820$75.74$4.13
Dec 2024Hugoton Operating0062620$70.12$3.01
Nov 2024Hugoton Operating0040400$69.95$2.12
Oct 2024Hugoton Operating0029290$71.99$2.20
Sep 2024Hugoton Operating0024240$70.24$2.28
Aug 2024Hugoton Operating0014140$76.68$1.99
Jul 2024Hugoton Operating00990$81.80$2.07
Jun 2024Hugoton Operating0016160$79.77$2.54
May 2024Hugoton Operating00550$80.02$2.12
Apr 2024Hugoton Operating00000$85.35$1.60
Mar 2024Hugoton Operating00000$81.28$1.49
Feb 2024Hugoton Operating002322320$77.25$1.72
Jan 2024Hugoton Operating0049490$74.15$3.18
Dec 2023Hugoton Operating003643640$71.90$2.52
Nov 2023Hugoton Operating006396390$77.69$2.71
Oct 2023Hugoton Operating009649640$85.64$2.98
Sep 2023Hugoton Operating008588580$89.43$2.64
Aug 2023Hugoton Operating001,2561,2560$81.39$2.58

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

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Nearby

Varas Energy Operating Company, in Zapata County

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Flores, W. (Perdido) field

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