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Texas oil lease

Producing

HALL TRUST 38

Hall Trust 38 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

2,032bbl oil, last 12 months−65% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-39795

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
7,001 mcf
Oil in Jul 2026
694 bbl

Checks stopped on this lease?

  • 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.

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Production by month

Oil output fell 65% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for HALL TRUST 38, Aug 2023 to Jul 2026. Oil output fell 65% over the last 12 months. 2,032 bbl in the 12 months through Jul 2026, against 5,794 bbl in the 12 months before.Last 12 months: 2,032 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for HALL TRUST 38, Aug 2023 to Jul 2026. Oil output fell 65% over the last 12 months. 2,032 bbl in the 12 months through Jul 2026, against 5,794 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

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

Flaring peaked at 19.3% of the gas in May 2024.

  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of HALL TRUST 38 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 19.3% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 19.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of HALL TRUST 38 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 19.3% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 19.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on HALL TRUST 38
API numberWell no.Status
42-317-356581Shut-in
42-317-359202Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Sep 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2021Sep 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2021Sep 1, 2023
Ace Gathering, Inc.OilGathers100Dec 1, 2021Sep 1, 2023

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

Who buys my oilOil price check

160 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 162.42 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Hall Trust 38
API numberWell no.Acreson the permit
42-317-359202160
42-317-356581162.42

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 HALL TRUST 38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266945352,9232,9230$80.46$2.89
Jun 20268998951,0831,0830$84.81$3.15
May 20264393442952950$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 2025001231230$57.97$4.26
Nov 2025001691690$60.06$3.79
Oct 2025008158150$60.89$3.19
Sep 2025007927920$63.96$2.97
Aug 2025008018010$64.86$2.91
Jul 20251791741,3881,3880$68.39$3.20
Jun 20255328662,1472,1470$68.17$3.02
May 20255143361,4691,4690$62.17$3.12
Apr 202521536856850$63.54$3.42
Mar 202515809589580$68.24$4.12
Feb 20252571881,1101,1100$71.53$4.19
Jan 20251621912,0742,0740$75.74$4.13
Dec 20246527362,5072,5070$70.12$3.01
Nov 20246507252,6412,6410$69.95$2.12
Oct 20247157494,3164,3160$71.99$2.20
Sep 20241,0779283,8483,8480$70.24$2.28
Aug 20248968944,6364,6360$76.68$1.99
Jul 20241,2631,2863,7663,7660$81.80$2.07
Jun 20246286943,4223,4220$79.77$2.54
May 20241,1001,0494,1603,356804$80.02$2.12
Apr 20249989332,5782,444134$85.35$1.60
Mar 20249371,0966776770$81.28$1.49
Feb 20241,1249485145140$77.25$1.72
Jan 20241,1941,28525250$74.15$3.18
Dec 20231,2741,2822842840$71.90$2.52
Nov 20231,4711,955000$77.69$2.71
Oct 20231,4111,092000$85.64$2.98
Sep 2023932697000$89.43$2.64
Aug 2023520510000$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

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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