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Texas oil lease

Producing

HOLT RANCH 23-3 C

Holt Ranch 23-3 C is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

62,770bbl oil, last 12 months−47% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-60257

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
160,982 mcf
Oil in Jul 2026
3,460 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.

See why checks stop on this lease

Production by month

Oil output fell 47% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for HOLT RANCH 23-3 C, Oct 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 62,770 bbl in the 12 months through Jul 2026, against 117,567 bbl in the 12 months before.Last 12 months: 62,770 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for HOLT RANCH 23-3 C, Oct 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 62,770 bbl in the 12 months through Jul 2026, against 117,567 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 19.9% of the gas in Aug 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of HOLT RANCH 23-3 C gas by disposition code each month, Oct 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 19.9% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 19.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of HOLT RANCH 23-3 C gas by disposition code each month, Oct 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 19.9% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Flared 19.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 152,451 mcf

  • Lease fuel (1)

    3.9% · 6,225 mcf

  • Flared (4)

    1.4% · 2,306 mcf

1.4% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on HOLT RANCH 23-3 C
API numberWell no.Status
42-317-453943LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Delek Marketing & Supply, LPOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Dk Trading & Supply, LLCOilGathers100Apr 4, 2024Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Apr 4, 2024Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Apr 4, 2024Aug 1, 2024

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

Who buys my oilOil price check

1,638.51 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.

Check your decimal on this lease
Permits for Holt Ranch 23-3 C
API numberWell no.Acreson the permit
42-317-453943LS1,638.51

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

34 months, newest first

Ledger for HOLT RANCH 23-3 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,4603,45913,51113,0440$80.46$2.89
Jun 20262,8642,87111,77611,3510$84.81$3.15
May 20263,3833,38811,32310,817118$102.13$2.94
Apr 20265,0075,01817,12015,948619$100.32$2.77
Mar 20265,8845,90416,84116,30049$91.38$3.04
Feb 20265,0735,07012,49811,709366$64.51$3.62
Jan 20263,9874,1619,7168,1601,038$60.04$7.72
Dec 20257,3147,13014,73413,7710$57.97$4.26
Nov 20257,3447,39213,44112,78644$60.06$3.79
Oct 20257,9578,01214,58814,0700$60.89$3.19
Sep 20255,3415,23212,31211,85742$63.96$2.97
Aug 20255,1565,14613,12212,63830$64.86$2.91
Jul 20254,5964,61412,96712,395156$68.39$3.20
Jun 20254,3794,37510,8559,0831,387$68.17$3.02
May 20256,7396,77512,78911,793578$62.17$3.12
Apr 20256,9567,06114,94714,45542$63.54$3.42
Mar 20259,5259,38219,84519,24618$68.24$4.12
Feb 202510,41010,43620,11619,49538$71.53$4.19
Jan 202510,72210,72418,16117,63020$75.74$4.13
Dec 202412,80712,75218,79017,354853$70.12$3.01
Nov 20248,7608,84914,83014,4170$69.95$2.12
Oct 202413,04813,02724,14123,3955$71.99$2.20
Sep 202412,61212,63123,86622,615442$70.24$2.28
Aug 202417,01317,06025,20919,1995,007$76.68$1.99
Jul 202421,84221,88534,43232,829668$81.80$2.07
Jun 202428,00928,04536,40233,3132,115$79.77$2.54
May 202437,99438,10236,20335,0618$80.02$2.12
Apr 202417,19216,84515,49114,83915$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98

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)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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