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Texas oil lease

Producing

HEADLEE

Headlee is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

8 wells

2,167bbl oil, last 12 months−12% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-40890

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
14,884 mcf
Oil in Jul 2026
207 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for HEADLEE, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 2,167 bbl in the 12 months through Jul 2026, against 2,461 bbl in the 12 months before.Last 12 months: 2,167 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for HEADLEE, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 2,167 bbl in the 12 months through Jul 2026, against 2,461 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

72% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.9% of the gas in Feb 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
72% of the gas went to a transmission line in the last 12 monthsShare of HEADLEE gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.9% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
72% of the gas went to a transmission line in the last 12 monthsShare of HEADLEE gas by disposition code each month, Aug 2023 to Jul 2026. 72% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.9% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 5.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 10,775 mcf

  • Lease fuel (1)

    27% · 4,082 mcf

  • Flared (4)

    0.2% · 27 mcf

0.2% of the gas flared in the last 12 months. 2 months above 3%.

8 wells on this lease

Wells on HEADLEE
API numberWell no.Status
42-329-366992Active
42-329-367003Active
42-329-367014Shut-in
42-329-367875Active
42-329-367886Active
42-329-367897Shut-in
42-329-367908Active
42-329-367919Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Dorado Oil CompanyOilGathers100May 1, 2022Aug 1, 2025
Enterprise Crude Oil LLCOilGathers100Apr 14, 2020May 1, 2022
Dcp Operating Company, LPCasinghead gasGathers10Apr 1, 2017Apr 14, 2020
Enlink North Texas Gathering, LPCasinghead gasGathers90Dec 1, 2016Apr 14, 2020
Coronado Midstream LLCCasinghead gasBuys90Dec 1, 2016Apr 14, 2020

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

Who buys my oilOil price check

323.50 acres on the newest permit

8 wells are listed on this lease

Permits for Headlee
API numberWell no.Acreson the permit
42-329-367014323.50
42-329-367897323.50
42-329-367919323.50
42-329-367908323.50
42-329-367886323.50
42-329-367875323.50
42-329-366992323.50
42-329-367003323.50

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 HEADLEE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262071821,4159030$80.46$2.89
Jun 20261921891,4028810$84.81$3.15
May 20261321791,3918430$102.13$2.94
Apr 20262102241,3378070$100.32$2.77
Mar 20261891831,1926440$91.38$3.04
Feb 20261431881,2437480$64.51$3.62
Jan 20262301851,3898410$60.04$7.72
Dec 2025881911,2348810$57.97$4.26
Nov 202516218928920$60.06$3.79
Oct 20251873701,1891,1620$60.89$3.19
Sep 202520001,0901,0900$63.96$2.97
Aug 20252271951,1101,08327$64.86$2.91
Jul 20251241829439430$68.39$3.20
Jun 20251361811,2281,1490$68.17$3.02
May 20251411761,1211,1030$62.17$3.12
Apr 20252341681,2301,2300$63.54$3.42
Mar 20251811921,4221,2630$68.24$4.12
Feb 20252231651,6231,03395$71.53$4.19
Jan 20252153551,8971,3490$75.74$4.13
Dec 20243733401,8671,3190$70.12$3.01
Nov 20242071821,8551,3250$69.95$2.12
Oct 20241961851,9081,3600$71.99$2.20
Sep 20242111782,0251,4950$70.24$2.28
Aug 20242203532,3931,8450$76.68$1.99
Jul 20242171701,9641,4160$81.80$2.07
Jun 20241991791,7501,2200$79.77$2.54
May 20242231792,5221,9740$80.02$2.12
Apr 20242322022,4461,9160$85.35$1.60
Mar 20242063722,4381,8900$81.28$1.49
Feb 20242971702,9192,4070$77.25$1.72
Jan 20243853713,4142,8660$74.15$3.18
Dec 20233253523,4882,9400$71.90$2.52
Nov 20233412333,3752,82421$77.69$2.71
Oct 20233513593,5522,98519$85.64$2.98
Sep 20233253773,0382,49018$89.43$2.64
Aug 20233763533,1832,520115$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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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

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