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Texas oil lease

Producing

EL REY 16-28

El Rey 16-28 is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

7 wells

16,689bbl oil, since Jun 2026
RRC lease
08-64745

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, since Jun 2026
13,238 mcf
Oil in Jul 2026
16,689 bbl
First check

Production started July 2026; the first check is due by about November 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 2 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 2 reported monthsMonthly oil production and gas for EL REY 16-28, Jun 2026 to Jul 2026. Oil output over 2 reported months. Too few months reported to show a trend.bbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 25Jan 26AprJul
Oil output over 2 reported monthsMonthly oil production and gas for EL REY 16-28, Jun 2026 to Jul 2026. Oil output over 2 reported months. Too few months reported to show a trend.bbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the only month reported

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the only month reportedShare of EL REY 16-28 gas by disposition code each month, Jun 2026 to Jul 2026. 95% of the gas went to a transmission line in the only month reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
95% of the gas went to a transmission line in the only month reportedShare of EL REY 16-28 gas by disposition code each month, Jun 2026 to Jul 2026. 95% of the gas went to a transmission line in the only month reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 12,540 mcf

  • Lease fuel (1)

    3.9% · 518 mcf

  • Flared (4)

    1.4% · 180 mcf

1.4% of the gas flared in the only month reported. No month above 3%.

7 wells on this lease

Wells on EL REY 16-28
API numberWell no.Status
42-227-427702LSShut-in
42-227-427712WAShut-in
42-227-427723LSShut-in
42-227-427733WAShut-in
42-227-427743WBShut-in
42-227-427754WAShut-in
42-227-427764WBShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Delek Crude Logistics, LLCOilGathers100Jul 1, 2026
Et Gathering & Processing LLCCasinghead gasBuys100Jul 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Jul 1, 2026

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

967.74 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for El Rey 16-28
API numberWell no.Acreson the permit
42-227-427702LS967.74
42-227-427712WA967.74
42-227-427723LS967.74
42-227-427733WA967.74
42-227-427743WB967.74
42-227-427754WA967.74
42-227-427764WB967.74

SourceRailroad Commission drilling permits, Oct 3, 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

2 months, newest first

Ledger for EL REY 16-28
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202616,68916,42713,23812,540180$80.46$2.89
Jun 202600000$84.81$3.15

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

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Nearby

Diamondback E&P LLC in Howard County

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Spraberry (Trend Area) field

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Leases within 10 km

Drilling permits within 10 km