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Texas oil lease

Producing

DRAGO I

Drago I is an oil lease in Upton County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

64,787bbl oil, last 12 months−27% vs prior year
RRC lease
7C-22139

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
187,902 mcf
Oil in Jul 2026
3,864 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for DRAGO I, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 64,787 bbl in the 12 months through Jul 2026, against 89,090 bbl in the 12 months before.Last 12 months: 64,787 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for DRAGO I, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 64,787 bbl in the 12 months through Jul 2026, against 89,090 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plantShare of DRAGO I gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plantShare of DRAGO I gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Feb 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    87% · 163,645 mcf

  • Lease fuel (1)

    13% · 23,968 mcf

  • Flared (4)

    0.2% · 289 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeTRP Operating LLC, Aug 2023 to Jan 2025; Diamondback E&P LLC, Feb 2025 to Jul 2026202420252026Changed Feb 2025TRP Operating LLCAug 2023 to Jan 2025Diamondback E&P LLCFeb 2025 to now
Operators of this lease over timeTRP Operating LLC, Aug 2023 to Jan 2025; Diamondback E&P LLC, Feb 2025 to Jul 2026202420252026Changed Feb 2025TRP Operating LLCAug 2023 to Jan 2025Diamondback E&P LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on DRAGO I
API numberWell no.Status
42-461-421050821HLActive
42-461-421060801HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Feb 17, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Feb 17, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 17, 2023

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

735.48 acres on the newest permit

An allocation well is on this lease

Permits for Drago I
API numberWell no.Acreson the permit
42-461-421050821HL735.48
42-461-421060801HA735.48

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 DRAGO I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P3,8643,8389,3278,0300$80.46$2.89
Jun 2026Diamondback E&P3,5683,5679,1607,127132$84.81$3.15
May 2026Diamondback E&P3,4533,62712,2329,9858$102.13$2.94
Apr 2026Diamondback E&P4,1794,17612,53510,3580$100.32$2.77
Mar 2026Diamondback E&P4,5394,4899,6497,22567$91.38$3.04
Feb 2026Diamondback E&P5,0175,22310,4088,80582$64.51$3.62
Jan 2026Diamondback E&P6,9227,17625,72923,7820$60.04$7.72
Dec 2025Diamondback E&P6,1525,77723,10320,9930$57.97$4.26
Nov 2025Diamondback E&P5,9796,00520,63718,5520$60.06$3.79
Oct 2025Diamondback E&P6,7326,74122,77020,6270$60.89$3.19
Sep 2025Diamondback E&P7,4687,39120,76318,6000$63.96$2.97
Aug 2025Diamondback E&P6,9146,93511,5899,5610$64.86$2.91
Jul 2025Diamondback E&P7,1997,33022,95220,8900$68.39$3.20
Jun 2025Diamondback E&P8,7688,69121,46721,4670$68.17$3.02
May 2025Diamondback E&P10,05710,12821,74721,7470$62.17$3.12
Apr 2025Diamondback E&P9,6549,52613,90113,9010$63.54$3.42
Mar 2025Diamondback E&P6,0405,9895,6785,6780$68.24$4.12
Feb 2025Diamondback E&P4,0794,0225,7465,7460$71.53$4.19
Jan 2025TRP Operating6,3426,3649,8829,5130$75.74$4.13
Dec 2024TRP Operating5,1575,15111,22210,8530$70.12$3.01
Nov 2024TRP Operating6,3256,32014,80614,4370$69.95$2.12
Oct 2024TRP Operating9,4049,38120,45020,0810$71.99$2.20
Sep 2024TRP Operating6,4466,43913,13812,7690$70.24$2.28
Aug 2024TRP Operating9,6199,58015,57615,2070$76.68$1.99
Jul 2024TRP Operating12,34612,39422,92122,5520$81.80$2.07
Jun 2024TRP Operating12,71112,71823,29522,9260$79.77$2.54
May 2024TRP Operating14,71814,66025,98025,6110$80.02$2.12
Apr 2024TRP Operating12,89812,85027,23526,8660$85.35$1.60
Mar 2024TRP Operating14,30214,30331,52731,1580$81.28$1.49
Feb 2024TRP Operating19,77719,77441,56841,1990$77.25$1.72
Jan 2024TRP Operating17,70517,68537,05336,6840$74.15$3.18
Dec 2023TRP Operating22,13622,19037,10236,7330$71.90$2.52
Nov 2023TRP Operating32,21632,15557,17356,8040$77.69$2.71
Oct 2023TRP Operating36,97236,98356,72856,3590$85.64$2.98
Sep 2023TRP Operating27,91327,89941,24940,8800$89.43$2.64
Aug 2023TRP Operating1,7461,7422,9752,6060$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Diamondback E&P LLC in Upton County

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Spraberry (Trend Area) field

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