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Texas oil lease

Producing

ELROD "4A"

Elrod "4A" is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

3,952bbl oil, last 12 months−61% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-38862

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
14,459 mcf
Oil in Jul 2026
360 bbl

Production by month

Oil output fell 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for ELROD "4A", Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 3,952 bbl in the 12 months through Jul 2026, against 10,040 bbl in the 12 months before.Last 12 months: 3,952 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for ELROD "4A", Aug 2023 to Jul 2026. Oil output fell 61% over the last 12 months. 3,952 bbl in the 12 months through Jul 2026, against 10,040 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 100.0% of the gas in May 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of ELROD "4A" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of ELROD "4A" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in May 2026.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    83% · 12,043 mcf

  • Flared (4)

    17% · 2,416 mcf

16.7% of the gas flared in the last 12 months. 8 months above 3%.

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.

2 wells on this lease

Wells on ELROD "4A"
API numberWell no.Status
42-317-350573Active
42-317-351934Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Apr 1, 2025

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

Who buys my oilOil price check

323.99 acres on the newest permit

Permits for Elrod "4A"
API numberWell no.Acreson the permit
42-317-350573323.99
42-317-351934323.99

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

Unit decimal checker

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 ELROD "4A"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P3603631,5231,5230$80.46$2.89
Jun 2026Diamondback E&P300355590342248$84.81$3.15
May 2026Diamondback E&P13301830183$102.13$2.94
Apr 2026Diamondback E&P25736775871840$100.32$2.77
Mar 2026Diamondback E&P22418742598327$91.38$3.04
Feb 2026Diamondback E&P19418031722592$64.51$3.62
Jan 2026Diamondback E&P1431798488408$60.04$7.72
Dec 2025Diamondback E&P1721831,0701,0700$57.97$4.26
Nov 2025Diamondback E&P2661791,3301,3300$60.06$3.79
Oct 2025Diamondback E&P3883682,0342,01816$60.89$3.19
Sep 2025Diamondback E&P4575452,1781,747431$63.96$2.97
Aug 2025Diamondback E&P1,0581,1043,2032,1321,071$64.86$2.91
Jul 2025Diamondback E&P7547492,4872,4870$68.39$3.20
Jun 2025Diamondback E&P5273601,7621,7620$68.17$3.02
May 2025Diamondback E&P6727231,6531,56786$62.17$3.12
Apr 2025Diamondback E&P635731000$63.54$3.42
Mar 2025Diamondback E&P8377261,9551,9550$68.24$4.12
Feb 2025Diamondback E&P7719162,2372,2370$71.53$4.19
Jan 2025Diamondback E&P1,0679223,2083,2080$75.74$4.13
Dec 2024Endeavor Energy5133612,7732,7730$70.12$3.01
Nov 2024Endeavor Energy1,2291,4432,9522,9520$69.95$2.12
Oct 2024Endeavor Energy1,0901,0823,8933,8930$71.99$2.20
Sep 2024Endeavor Energy1,0691,0802,7972,7970$70.24$2.28
Aug 2024Endeavor Energy8761,1162,8432,8430$76.68$1.99
Jul 2024Endeavor Energy1,0869012,8242,8240$81.80$2.07
Jun 2024Endeavor Energy1,3741,3663,6763,6760$79.77$2.54
May 2024Endeavor Energy1,5531,7102,9772,9770$80.02$2.12
Apr 2024Endeavor Energy1,7991,7002,8772,8770$85.35$1.60
Mar 2024Endeavor Energy4003391,0511,0510$81.28$1.49
Feb 2024Endeavor Energy1,5591,7142,0542,0540$77.25$1.72
Jan 2024Endeavor Energy2,1552,2212,6722,6720$74.15$3.18
Dec 2023Endeavor Energy1,4891,3681,9871,9870$71.90$2.52
Nov 2023Endeavor Energy4933386946940$77.69$2.71
Oct 2023Endeavor Energy7801,0211,5911,5910$85.64$2.98
Sep 2023Endeavor Energy9598371,9601,9600$89.43$2.64
Aug 2023Endeavor Energy1,3091,3892,7042,7040$81.39$2.58

Flared above 3%

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

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

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