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Texas oil lease

Producing

DIAMOND CUTTER EAST S

Diamond Cutter East S is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

1 well

117,262bbl oil, last 12 months−22% vs prior year
RRC lease
08-61685

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
165,966 mcf
Oil in Jul 2026
9,558 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for DIAMOND CUTTER EAST S, May 2024 to Jul 2026. Oil output fell 22% over the last 12 months. 117,262 bbl in the 12 months through Jul 2026, against 149,682 bbl in the 12 months before.Last 12 months: 117,262 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for DIAMOND CUTTER EAST S, May 2024 to Jul 2026. Oil output fell 22% over the last 12 months. 117,262 bbl in the 12 months through Jul 2026, against 149,682 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

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 58.0% of the gas in Apr 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of DIAMOND CUTTER EAST S gas by disposition code each month, May 2024 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 58.0% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 58.0%Jul 24OctJan 25AprJulOctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of DIAMOND CUTTER EAST S gas by disposition code each month, May 2024 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 58.0% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 58.0%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 151,434 mcf

  • Flared (4)

    5.0% · 8,315 mcf

  • Processing plant (3)

    3.7% · 6,217 mcf

5.0% of the gas flared in the last 12 months. 17 months above 3%.

1 well on this lease

Wells on DIAMOND CUTTER EAST S
API numberWell no.Status
42-329-4644314HSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100May 13, 2024
Enterprise Products Operating LLCCasinghead gasBuys100May 13, 2024
Enterprise Products Operating LLCCasinghead gasGathers100May 13, 2024

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

1,790.22 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 Diamond Cutter East S
API numberWell no.Acreson the permit
42-329-4644314HS1,790.22

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

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA).
Realized prices reported by APA Corporation
QuarterOil$ per bblFiling
Q2 2026$98.24SEC filing
Q1 2026$78.69SEC filing
Q4 2025$61.03SEC filing
Q3 2025$67.43SEC filing
Q2 2025$65.58SEC filing
Q1 2025$73.73SEC filing

SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

27 months, newest first

Ledger for DIAMOND CUTTER EAST S
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269,5589,54728,91828,712206$80.46$2.89
Jun 20267,4127,43626,56325,955608$84.81$3.15
May 20266,9436,9199,6699,480189$102.13$2.94
Apr 20267,6167,6279,2167,3621,854$100.32$2.77
Mar 20269,0839,07110,2049,313891$91.38$3.04
Feb 20268,9718,9892,9782,246732$64.51$3.62
Jan 20269,4649,46812,49211,799693$60.04$7.72
Dec 202511,08411,07615,99015,719271$57.97$4.26
Nov 202511,48111,48812,59611,808788$60.06$3.79
Oct 202512,20712,21514,86813,8101,058$60.89$3.19
Sep 202511,81811,80312,48311,623860$63.96$2.97
Aug 202511,62511,6209,9899,824165$64.86$2.91
Jul 202512,46112,4799,9989,96335$68.39$3.20
Jun 202513,80213,78012,4359,5462,889$68.17$3.02
May 20258,7138,6865,1203,0432,077$62.17$3.12
Apr 20255,9825,9662,2489451,303$63.54$3.42
Mar 20253,0983,1616,4076,301106$68.24$4.12
Feb 202513,20413,1876,5165,4501,066$71.53$4.19
Jan 202511,03211,0241,3391,207132$75.74$4.13
Dec 202412,29112,299846645201$70.12$3.01
Nov 202413,72713,7484,2453,784461$69.95$2.12
Oct 202417,63917,69616,32615,541785$71.99$2.20
Sep 202418,44318,48515,19815,065133$70.24$2.28
Aug 202419,29019,23815,69315,68310$76.68$1.99
Jul 202419,47919,46616,50815,782726$81.80$2.07
Jun 202419,62119,59617,89216,990902$79.77$2.54
May 20244,9524,8553,2493,2490$80.02$2.12

Flared above 3%

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

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