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Texas oil lease

Producing

FOUR CORNERS TXL FEE

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

90 wells

21,846bbl oil, last 12 months−46% vs prior year
Operator
Diamondback E&P LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-17726

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
192,812 mcf
Oil in Jul 2026
1,400 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA MIDSTREAM SERVICES LLC replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from oil wells on Jul 21, 2025.

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

See why checks stop on this lease

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for FOUR CORNERS TXL FEE, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 21,846 bbl in the 12 months through Jul 2026, against 40,320 bbl in the 12 months before.Last 12 months: 21,846 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for FOUR CORNERS TXL FEE, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 21,846 bbl in the 12 months through Jul 2026, against 40,320 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

Flaring peaked at 95.9% of the gas in Sep 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a transmission line in the last 12 monthsShare of FOUR CORNERS TXL FEE gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 95.9% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 95.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of FOUR CORNERS TXL FEE gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 95.9% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 95.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 177,850 mcf

  • Flared (4)

    7.5% · 14,506 mcf

  • Lease fuel (1)

    0.2% · 456 mcf

7.5% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Dec 2022

Operators of this lease over timeChevron U. S. A. Inc., Jan 2020 to Jan 2022; Firebird Energy LLC, Feb 2022 to Nov 2022; Diamondback E&P LLC, Dec 2022 to Jul 20262020202120222023202420252026Changed Feb 2022Changed Dec 2022Chevron U. S. A. Inc.Jan 2020 to Jan 2022Firebird Energy LLCFeb 2022 to Nov 2022Diamondback E&P LLCDec 2022 to now
Operators of this lease over timeChevron U. S. A. Inc., Jan 2020 to Jan 2022; Firebird Energy LLC, Feb 2022 to Nov 2022; Diamondback E&P LLC, Dec 2022 to Jul 20262020202120222023202420252026Changed Feb 2022Changed Dec 2022Chevron U. S. A. Inc.Jan 2020 to Jan 2022Firebird Energy LLCFeb 2022 to Nov 2022Diamondback E&P LLCDec 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

90 wells on this lease

Wells on FOUR CORNERS TXL FEE
API numberWell no.Status
42-103-363802904CActive
42-103-363812905CActive
42-103-363822908CShut-in
42-103-363842913CActive
42-103-363852912CShut-in
42-103-363862916CActive
42-103-364082901CShut-in
42-103-364092909CShut-in
42-103-364922902CActive
42-103-364932903CActive
42-103-364942906CShut-in
42-103-364952907CActive
42-103-364972911CActive
42-103-364982914CActive
42-103-364992915CShut-in
42-461-373292302UActive
42-461-373302303UShut-in
42-461-373312304UActive
42-461-373322305UActive
42-461-373332306UActive
42-461-373342307UActive
42-461-373352308UShut-in
42-461-373362701UShut-in
42-461-373372702UShut-in
42-461-373382703UShut-in
42-461-373392704UShut-in
42-461-373402705UActive
42-461-373412706UShut-in
42-461-373422708UShut-in
42-461-373622707UShut-in
42-461-374912309UShut-in
42-461-374922310UActive
42-461-374932311UShut-in
42-461-374942312UActive
42-461-374952313UActive
42-461-374962314UShut-in
42-461-374982315UActive
42-461-375102316UShut-in
42-461-375112709UActive
42-461-375122710UShut-in
42-461-375132711UActive
42-461-375142712UActive
42-461-375152713UActive
42-461-375162714UShut-in
42-461-375172715UActive
42-461-375182716UActive
42-461-383593301UActive
42-461-383603302UShut-in
42-461-383613303UShut-in
42-461-383623304UShut-in
42-461-383633305UShut-in
42-461-383643306UActive
42-461-383653307UShut-in
42-461-383663308UShut-in
42-461-383673310UShut-in
42-461-383683309UShut-in
42-461-383693311UActive
42-461-383703312UShut-in
42-461-383713313UShut-in
42-461-383723314UShut-in
42-461-383733315UActive
42-461-383743316UShut-in
42-461-392462729UShut-in
42-461-392472731UShut-in
42-461-392492732UShut-in
42-461-392502737UActive
42-461-392512738UActive
42-461-392522739UShut-in
42-461-392632743UShut-in
42-461-392642744UActive
42-461-392652745UShut-in
42-461-392662746UShut-in
42-461-392672730UActive
42-461-392702736UActive
42-461-394092345UShut-in
42-461-394112331UShut-in
42-461-394122337UActive
42-461-394152346UShut-in
42-461-394162344UShut-in
42-461-394172332UShut-in
42-461-394182336UShut-in
42-461-394232338UActive
42-461-394322343UActive
42-461-394332339UShut-in
42-461-395152330UShut-in
42-461-395232329UActive
42-461-399344108UActive
42-461-399354109UActive
42-461-399384101UShut-in
42-461-399424116UActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers50Jul 21, 2025–
Enterprise Crude Pipeline LLCOilGathers50Jul 21, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Jul 21, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Jul 21, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 21, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jul 21, 2025
Enterprise Crude Oil LLCOilGathers25Feb 1, 2022Jul 21, 2025
Enterprise Crude Pipeline LLCOilGathers25Feb 1, 2022Jul 21, 2025
Knowles Transportation, LLCOilGathers25Feb 1, 2022Jul 21, 2025
Ngl Crude Logistics, LLCOilGathers25Feb 1, 2022Jul 21, 2025

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

Who buys my oilOil price check

3,040 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 3,040 and 10,560 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    90 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.

  • 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.

Check your decimal on this lease
Permits for Four Corners TXL Fee
API numberWell no.Acreson the permit
42-103-364922902C3,040
42-103-364932903C3,040
42-103-364952907C3,040
42-103-364972911C3,040
42-103-364982914C3,040
42-103-364992915C3,040
42-461-399344108U3,040
42-461-399384101U3,040
42-461-399354109U3,040
42-461-399424116U3,040
42-103-364942906C3,040
42-461-395232329U3,040

SourceRailroad Commission drilling permits, Oct 3, 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 FOUR CORNERS TXL FEE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1,4001,36610,55010,5110$80.46$2.89
Jun 2026Diamondback E&P1,3001,33013,89713,675182$84.81$3.15
May 2026Diamondback E&P1,3841,41216,54316,355148$102.13$2.94
Apr 2026Diamondback E&P1,9411,97715,01312,5642,413$100.32$2.77
Mar 2026Diamondback E&P1,7041,59416,22016,16715$91.38$3.04
Feb 2026Diamondback E&P2,0722,10016,18615,669480$64.51$3.62
Jan 2026Diamondback E&P1,9281,90416,24915,399808$60.04$7.72
Dec 2025Diamondback E&P1,8791,92916,75411,4765,239$57.97$4.26
Nov 2025Diamondback E&P1,8171,77317,35012,7694,542$60.06$3.79
Oct 2025Diamondback E&P1,9152,39618,63917,922679$60.89$3.19
Sep 2025Diamondback E&P2,0391,54818,76918,7330$63.96$2.97
Aug 2025Diamondback E&P2,4672,54816,64216,6100$64.86$2.91
Jul 2025Diamondback E&P2,2592,20712,42412,3950$68.39$3.20
Jun 2025Diamondback E&P2,4142,39915,37015,3410$68.17$3.02
May 2025Diamondback E&P3,2253,24015,97215,9430$62.17$3.12
Apr 2025Diamondback E&P3,4393,38314,81514,584220$63.54$3.42
Mar 2025Diamondback E&P3,4693,49816,42916,236182$68.24$4.12
Feb 2025Diamondback E&P2,8582,81912,71612,7050$71.53$4.19
Jan 2025Diamondback E&P3,3043,43415,70115,6890$75.74$4.13
Dec 2024Diamondback E&P2,9722,93518,53818,5260$70.12$3.01
Nov 2024Diamondback E&P2,8802,79317,53916,3281,198$69.95$2.12
Oct 2024Diamondback E&P4,3424,50720,17615,0465,116$71.99$2.20
Sep 2024Diamondback E&P4,7064,65222,53622,44281$70.24$2.28
Aug 2024Diamondback E&P4,4524,44118,59818,57510$76.68$1.99
Jul 2024Diamondback E&P5,0755,04022,76822,495258$81.80$2.07
Jun 2024Diamondback E&P4,1304,17729,91629,428473$79.77$2.54
May 2024Diamondback E&P4,5244,54728,01424,8223,178$80.02$2.12
Apr 2024Diamondback E&P5,9115,98324,96124,85097$85.35$1.60
Mar 2024Diamondback E&P4,8774,81424,77124,7530$81.28$1.49
Feb 2024Diamondback E&P4,4114,41914,33514,3210$77.25$1.72
Jan 2024Diamondback E&P5,3415,26814,86214,434428$74.15$3.18
Dec 2023Diamondback E&P5,2105,31614,66113,776885$71.90$2.52
Nov 2023Diamondback E&P5,7485,69614,06013,398662$77.69$2.71
Oct 2023Diamondback E&P6,0065,96314,71913,6511,068$85.64$2.98
Sep 2023Diamondback E&P5,1445,16113,07254212,530$89.43$2.64
Aug 2023Diamondback E&P5,2195,22216,56913,6112,958$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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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyUpton County

Diamondback E&P LLC in Upton County

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Spraberry (Trend Area) field

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