Texas oil lease
ProducingFASKEN "16-21"
Fasken "16-21" is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
6 wells
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-38869
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 15,156 mcf
- Oil in Jul 2026
- 266 bbl
Checks stopped on this lease?
- Operator
Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.
- Buyer
Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 45% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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
- Processing plant (3)
- Transmission line (2)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Jan 2025
- Diamondback E&P LLC Jan 2025 to now
- Endeavor Energy Resources L.P. Jan 2020 to Dec 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
6 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-35843 | 1 | Shut-in |
| 42-329-35925 | 2 | Active |
| 42-329-36212 | 3 | Active |
| 42-329-36221 | 4 | Active |
| 42-329-36622 | 5 | Active |
| 42-329-37764 | 6 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Sep 1, 2026 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 1, 2025 | – |
| Troubadour Shipping & Logistics | Oil | Gathers | 100 | Mar 1, 2026 | Sep 1, 2026 |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Aug 1, 2025 | Mar 1, 2026 |
| Midcon Gathering LLC | Oil | Gathers | 100 | Aug 1, 2025 | Mar 1, 2026 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | May 15, 2008 | Aug 1, 2025 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | May 15, 2008 | Aug 1, 2025 |
| Oasis Transp & Marketing Corp. | Oil | Gathers | 100 | May 15, 2008 | Aug 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
493 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 493 and 493.1 acres. Use the acres from your own division order for the well you are paid on.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-36221 | 4 | Aug 1, 2018 | Apr 16, 2010 | 493 |
| 42-329-36622 | 5 | Jul 27, 2018 | Sep 7, 2010 | 493 |
| 42-329-36212 | 3 | Jul 20, 2018 | Jun 17, 2009 | 493 |
| 42-329-35843 | 1 | May 24, 2018 | May 15, 2008 | 493.10 |
| 42-329-35925 | 2 | May 24, 2018 | Mar 7, 2009 | 493.10 |
| 42-329-37764 | 6 | Nov 16, 2012 | Mar 23, 2012 | 493 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 266 | 191 | 739 | 739 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 508 | 749 | 771 | 771 | 0 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 665 | 553 | 1,188 | 1,188 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 480 | 370 | 2,015 | 2,015 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 446 | 734 | 1,899 | 1,899 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 442 | 376 | 1,462 | 1,462 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 598 | 569 | 1,508 | 1,508 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 441 | 367 | 1,820 | 1,820 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 508 | 534 | 1,396 | 1,396 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 498 | 546 | 682 | 682 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 575 | 360 | 550 | 550 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 686 | 726 | 1,126 | 1,126 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 787 | 873 | 1,004 | 1,004 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 555 | 533 | 842 | 842 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 629 | 554 | 994 | 994 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 656 | 688 | 907 | 907 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 771 | 889 | 1,107 | 1,107 | 0 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 677 | 726 | 858 | 858 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 1,309 | 1,121 | 1,501 | 1,501 | 0 | $75.74 | $4.13 |
| Dec 2024Endeavor Energy | 1,163 | 1,088 | 1,992 | 1,992 | 0 | $70.12 | $3.01 |
| Nov 2024Endeavor Energy | 1,096 | 1,109 | 1,876 | 1,876 | 0 | $69.95 | $2.12 |
| Oct 2024Endeavor Energy | 1,177 | 1,234 | 1,909 | 1,909 | 0 | $71.99 | $2.20 |
| Sep 2024Endeavor Energy | 750 | 719 | 1,434 | 1,434 | 0 | $70.24 | $2.28 |
| Aug 2024Endeavor Energy | 1,560 | 1,457 | 1,812 | 1,812 | 0 | $76.68 | $1.99 |
| Jul 2024Endeavor Energy | 968 | 1,099 | 2,174 | 2,174 | 0 | $81.80 | $2.07 |
| Jun 2024Endeavor Energy | 1,506 | 1,439 | 1,450 | 1,450 | 0 | $79.77 | $2.54 |
| May 2024Endeavor Energy | 746 | 1,082 | 1,142 | 1,142 | 0 | $80.02 | $2.12 |
| Apr 2024Endeavor Energy | 1,293 | 1,254 | 2,066 | 2,066 | 0 | $85.35 | $1.60 |
| Mar 2024Endeavor Energy | 1,109 | 1,273 | 1,738 | 1,738 | 0 | $81.28 | $1.49 |
| Feb 2024Endeavor Energy | 1,626 | 1,595 | 2,367 | 2,367 | 0 | $77.25 | $1.72 |
| Jan 2024Endeavor Energy | 1,568 | 1,275 | 2,018 | 2,018 | 0 | $74.15 | $3.18 |
| Dec 2023Endeavor Energy | 1,958 | 2,346 | 2,874 | 2,874 | 0 | $71.90 | $2.52 |
| Nov 2023Endeavor Energy | 1,725 | 1,639 | 2,297 | 2,297 | 0 | $77.69 | $2.71 |
| Oct 2023Endeavor Energy | 2,060 | 1,918 | 1,780 | 1,780 | 0 | $85.64 | $2.98 |
| Sep 2023Endeavor Energy | 1,956 | 1,813 | 2,253 | 2,253 | 0 | $89.43 | $2.64 |
| Aug 2023Endeavor Energy | 1,933 | 1,982 | 2,262 | 2,262 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
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Nearby
This lease belongs to
Diamondback E&P LLC in Midland County
- MACHO MAN 11-47 K
6,719 bbl
- TXL "17"
5,944 bbl
- ST E
1,765 bbl
- COWDEN "28"
6,552 bbl
- BUCHANAN 'B'
6,713 bbl
- ST S-ST RR C
3,768 bbl
- ST-ST S G
4,052 bbl
- ST-ST RR O
5,767 bbl
- SONJA
6,307 bbl
- LINE DRIVE A
3,362 bbl
Spraberry (Trend Area) field
- COWDEN "32"
2,690 bbl
- BUZZARD 6
2,751 bbl
- ST-ST RR O
5,767 bbl
- LEO UNIT 49
5,662 bbl
- BARBEE
3,499 bbl
- TRUITT
6,742 bbl
- SAXON H
4,295 bbl
- LOUDER "18"
6,490 bbl
- GUSTAV 25
5,900 bbl
- HULING 'D' 18-7 ESL (ALLOC)
5,333 bbl
Leases within 10 km
- FASKEN
0 bbl · 0.2 km
- FASKEN FOUNDATION '16-21'
11,907 bbl · 0.6 km
- CAIN -A-
0 bbl · 0.6 km
- FASKEN 9-16-21 UNIT 2
351,678 bbl · 1.1 km
- FASKEN 9-16-21 UNIT 1
503,227 bbl · 1.1 km
- FISCHER "10"
1,310 bbl · 1.2 km
- FASKEN H 16-21
50,443 bbl · 1.3 km
- COULSON
81 bbl · 1.4 km
- HANNON-FASKEN
11,503 bbl · 1.4 km
- PRIDDY
2,828 bbl · 1.5 km
Drilling permits within 10 km
MCCLINTIC-TURNER 11J #110H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 8.5 km
Permit 0917579 · Sep 25, 2026
RUTTER 1-12 L #5WA
new drill · horizontal · Diamondback E&P LLC · Midland County · 6.8 km
Permit 0917803 · Sep 10, 2026
RUTTER 1-12 K #4WD
new drill · horizontal · Diamondback E&P LLC · Midland County · 6.8 km
Permit 0917800 · Sep 10, 2026
RUTTER 1-12 L #5JM
new drill · horizontal · Diamondback E&P LLC · Midland County · 6.8 km
Permit 0917802 · Sep 10, 2026
RUTTER 1-12 I #4WA
new drill · horizontal · Diamondback E&P LLC · Midland County · 6.6 km
Permit 0917794 · Sep 10, 2026