Texas oil lease
ProducingFRESHWATER 34-22 B
Freshwater 34-22 B is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-62694
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 169,478 mcf
- Oil in Jul 2026
- 5,270 bbl
Production by month
Oil output fell 63% since Oct 2024
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
67% of the gas went to a transmission line in the last 12 months
Flaring peaked at 70.3% of the gas in Nov 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
67% · 113,665 mcf
Flared (4)
18% · 29,958 mcf
Lease fuel (1)
15% · 25,855 mcf
17.7% of the gas flared in the last 12 months. 20 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-46498 | 2JM | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 50 | Nov 1, 2025 | – |
| Enterprise Crude Pipeline LLC | Oil | Gathers | 50 | Nov 1, 2025 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | Oct 8, 2024 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Oct 8, 2024 | – |
| Enterprise Crude Pipeline LLC | Oil | Gathers | 100 | Oct 8, 2024 | Nov 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
706.34 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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 |
|---|---|---|---|---|
| 42-329-46498 | 2JM | Aug 22, 2023 | Oct 8, 2024 | 706.34 |
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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
22 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 5,270 | 5,280 | 10,048 | 7,512 | 950 | $80.46 | $2.89 |
| Jun 2026 | 6,097 | 6,086 | 10,919 | 7,925 | 1,405 | $84.81 | $3.15 |
| May 2026 | 6,810 | 6,833 | 12,163 | 8,482 | 1,773 | $102.13 | $2.94 |
| Apr 2026 | 7,307 | 7,292 | 14,485 | 9,192 | 3,069 | $100.32 | $2.77 |
| Mar 2026 | 7,725 | 7,749 | 15,670 | 11,683 | 1,473 | $91.38 | $3.04 |
| Feb 2026 | 6,810 | 6,845 | 11,428 | 8,656 | 852 | $64.51 | $3.62 |
| Jan 2026 | 7,362 | 7,298 | 11,547 | 7,722 | 1,743 | $60.04 | $7.72 |
| Dec 2025 | 8,109 | 8,110 | 12,477 | 4,878 | 5,539 | $57.97 | $4.26 |
| Nov 2025 | 9,170 | 9,155 | 13,910 | 2,392 | 9,774 | $60.06 | $3.79 |
| Oct 2025 | 9,511 | 9,524 | 16,833 | 11,900 | 2,667 | $60.89 | $3.19 |
| Sep 2025 | 10,164 | 10,186 | 19,696 | 16,528 | 186 | $63.96 | $2.97 |
| Aug 2025 | 11,239 | 11,222 | 20,302 | 16,795 | 527 | $64.86 | $2.91 |
| Jul 2025 | 12,567 | 12,587 | 52,798 | 43,490 | 2,097 | $68.39 | $3.20 |
| Jun 2025 | 13,829 | 13,897 | 23,341 | 18,785 | 1,197 | $68.17 | $3.02 |
| May 2025 | 15,861 | 15,837 | 26,315 | 21,029 | 1,255 | $62.17 | $3.12 |
| Apr 2025 | 17,172 | 17,176 | 24,734 | 13,512 | 7,940 | $63.54 | $3.42 |
| Mar 2025 | 23,906 | 23,927 | 24,533 | 13,800 | 9,820 | $68.24 | $4.12 |
| Feb 2025 | 24,586 | 24,519 | 14,315 | 6,579 | 7,736 | $71.53 | $4.19 |
| Jan 2025 | 14,276 | 14,250 | 7,091 | 3,694 | 3,397 | $75.74 | $4.13 |
| Dec 2024 | 18,751 | 18,748 | 9,465 | 5,620 | 3,845 | $70.12 | $3.01 |
| Nov 2024 | 20,170 | 20,146 | 12,457 | 6,030 | 5,616 | $69.95 | $2.12 |
| Oct 2024 | 10,254 | 10,218 | 7,841 | 2,859 | 3,804 | $71.99 | $2.20 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Midland County
- RIO SAN MARCOS 36-45 UNIT 1
60,845 bbl
- FRESHWATER 34-22 F
100,704 bbl
- RIO GUADALUPE 22-23 C
63,983 bbl
- MARION EAST K 36-25
97,319 bbl
- RIO FRIO 25-32SL UNIT 2
70,749 bbl
- HEADLEE 2821 E
94,446 bbl
- WTH 7-18 B
92,867 bbl
- MIDWAY 2-35 A1
77,398 bbl
- RIO SAN MARCOS 36-45 UNIT 1A
68,695 bbl
- MIDWAY 2-35 C2
89,720 bbl
Spraberry (Trend Area) field
- RIO FRIO 25-32SL UNIT 2
70,749 bbl
- DRIVER B37 10-15F
95,146 bbl
- UL GOLDEN 8B
95,257 bbl
- SXSW W UNIT A
87,136 bbl
- KIMBERLY I
94,491 bbl
- SHAUNA E42F
79,085 bbl
- SHAUNA E42B
84,620 bbl
- DONOVAN-WILLIS W32P
84,865 bbl
- MABEE DDA F75
95,608 bbl
- PALOMA 95-15 D
99,041 bbl
Leases within 10 km
- FRESHWATER 34-22 D
85,834 bbl · 0 km
- FRESHWATER 34-22 F
100,704 bbl · 0 km
- FRESHWATER 34-22 A
73,288 bbl · 0 km
- FRESHWATER 34-22 E
76,284 bbl · 0 km
- FRESHWATER 34-22 C
60,719 bbl · 0 km
- SHIRLEY "A"
0 bbl · 0.2 km
- ROY PARKS B
44,668 bbl · 0.8 km
- SHIRLEY
2,600 bbl · 0.8 km
- PARKS, ROY -B- TG
70 bbl · 1.1 km
- YELLOWSTONE 2200 UNIT
305,386 bbl · 1.1 km
Drilling permits within 10 km
HEADLEE 5B #304HF
new drill · horizontal · Ovintiv USA Inc. · Ector County · 9.5 km
Permit 0918837 · Sep 29, 2026
HEADLEE 5B #303HC
new drill · horizontal · Ovintiv USA Inc. · Ector County · 9.5 km
Permit 0918853 · Sep 29, 2026
HEADLEE 5C #305HG
new drill · horizontal · Ovintiv USA Inc. · Ector County · 9.5 km
Permit 0918840 · Sep 25, 2026
HEADLEE 5C #306HD
new drill · horizontal · Ovintiv USA Inc. · Ector County · 9.5 km
Permit 0918854 · Sep 25, 2026
HEADLEE 5A #302HG
new drill · horizontal · Ovintiv USA Inc. · Ector County · 9.5 km
Permit 0918834 · Sep 25, 2026