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Texas oil lease

Producing

ELKIN '42'

Elkin '42' is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

1,885bbl oil, last 12 months−42% vs prior year
RRC lease
08-49463

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
4,487 mcf
Oil in Jul 2026
20 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

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

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Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for ELKIN '42', Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 1,885 bbl in the 12 months through Jul 2026, against 3,236 bbl in the 12 months before.Last 12 months: 1,885 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for ELKIN '42', Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 1,885 bbl in the 12 months through Jul 2026, against 3,236 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 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

Flaring peaked at 74.0% of the gas in Sep 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of ELKIN '42' 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. Flaring peaked at 74.0% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 74.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of ELKIN '42' 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. Flaring peaked at 74.0% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 74.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

1 well on this lease

Wells on ELKIN '42'
API numberWell no.Status
42-329-343561Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 1, 2016–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 1, 2016–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Dec 1, 2016Aug 1, 2025

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

160 acres on the newest permit

Permits for Elkin '42'
API numberWell no.Acreson the permit
42-329-343561160

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

36 months, newest first

Ledger for ELKIN '42'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P2001031030$80.46$2.89
Jun 2026Diamondback E&P271751541540$84.81$3.15
May 2026Diamondback E&P5702082080$102.13$2.94
Apr 2026Diamondback E&P6902222220$100.32$2.77
Mar 2026Diamondback E&P1331834134130$91.38$3.04
Feb 2026Diamondback E&P2273574484480$64.51$3.62
Jan 2026Diamondback E&P1821794674670$60.04$7.72
Dec 2025Diamondback E&P1901595685680$57.97$4.26
Nov 2025Diamondback E&P791795665660$60.06$3.79
Oct 2025Diamondback E&P3011776266260$60.89$3.19
Sep 2025Diamondback E&P7901841840$63.96$2.97
Aug 2025Diamondback E&P5215485285280$64.86$2.91
Jul 2025Diamondback E&P1871931941940$68.39$3.20
Jun 2025Diamondback E&P1831883823820$68.17$3.02
May 2025Diamondback E&P8201,0791,0601,0600$62.17$3.12
Apr 2025Diamondback E&P35803533530$63.54$3.42
Mar 2025Diamondback E&P00000$68.24$4.12
Feb 2025Diamondback E&P00000$71.53$4.19
Jan 2025Diamondback E&P3934172902900$75.74$4.13
Dec 2024Endeavor Energy1723613943940$70.12$3.01
Nov 2024Endeavor Energy5133592072070$69.95$2.12
Oct 2024Endeavor Energy203172365131234$71.99$2.20
Sep 2024Endeavor Energy75176501337$70.24$2.28
Aug 2024Endeavor Energy332361339131208$76.68$1.99
Jul 2024Endeavor Energy36835732097223$81.80$2.07
Jun 2024Endeavor Energy324360306109197$79.77$2.54
May 2024Endeavor Energy2190282156126$80.02$2.12
Apr 2024Endeavor Energy00000$85.35$1.60
Mar 2024Endeavor Energy9231418112160$81.28$1.49
Feb 2024Endeavor Energy212180246116130$77.25$1.72
Jan 2024Endeavor Energy196181246128118$74.15$3.18
Dec 2023Endeavor Energy21917821382131$71.90$2.52
Nov 2023Endeavor Energy20218322097123$77.69$2.71
Oct 2023Endeavor Energy1591801444797$85.64$2.98
Sep 2023Endeavor Energy19116920287115$89.43$2.64
Aug 2023Endeavor Energy19218318875113$81.39$2.58

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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Nearby

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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