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Texas oil lease

Producing

HUGHES 43-47 UNIT 1

Hughes 43-47 Unit 1 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

10 wells

135,847bbl oil, last 12 months−41% vs prior year
RRC lease
08-51946

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
1,549,108 mcf
Oil in Jul 2026
1,356 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced ETC GAS PROCESSING, LLC, ENLINK GAS MARKETING, LP as the buyer of this lease's gas from oil wells on Apr 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 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for HUGHES 43-47 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 135,847 bbl in the 12 months through Jul 2026, against 231,277 bbl in the 12 months before.Last 12 months: 135,847 bblbbl per monthmcf per month0010k50k20k100k30k150k40k200k50k250kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for HUGHES 43-47 UNIT 1, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 135,847 bbl in the 12 months through Jul 2026, against 231,277 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k50k20k100k30k150k40k200k50k250kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 7.7% of the gas in Nov 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HUGHES 43-47 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 7.7% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 7.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of HUGHES 43-47 UNIT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 7.7% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 7.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 1,473,106 mcf

  • Lease fuel (1)

    3.4% · 52,573 mcf

  • Flared (4)

    1.5% · 23,429 mcf

1.5% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

10 wells on this lease

Wells on HUGHES 43-47 UNIT 1
API numberWell no.Status
42-317-41559211Active
42-317-41560212Active
42-317-41561113Active
42-317-41562221Active
42-317-43850131Active
42-317-43851134Active
42-317-43852232Active
42-317-43853142Active
42-317-43854241Active
42-317-43861233Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers50Oct 1, 2025–
Rio Energy International, Inc.OilGathers50Oct 1, 2025–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Energy Transfer CompanyCasinghead gasGathers50Oct 1, 2025Apr 1, 2026
Enlink Permian, LLCCasinghead gasGathers50Oct 1, 2025Apr 1, 2026
Enlink Gas Marketing, LPCasinghead gasBuys50Oct 1, 2022Apr 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys50Oct 1, 2025Apr 1, 2026
Enlink Permian, LLCCasinghead gasGathers100Oct 1, 2022Oct 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys50Oct 1, 2022Oct 1, 2025

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

639.80 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 639.79 and 639.8 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 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 Hughes 43-47 Unit 1
API numberWell no.Acreson the permit
42-317-43861233639.80
42-317-43850131639.80
42-317-43851134639.80
42-317-43852232639.80
42-317-43853142639.80
42-317-43854241639.80
42-317-41562221639.79
42-317-41560212639.79
42-317-41561113639.79
42-317-41559211639.79

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 HUGHES 43-47 UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1,3561,49936,81135,647159$80.46$2.89
Jun 2026Diamondback E&P7,7787,764131,450127,3661,343$84.81$3.15
May 2026Diamondback E&P9,1289,152141,460135,0662,483$102.13$2.94
Apr 2026Diamondback E&P11,39611,387144,179140,46414$100.32$2.77
Mar 2026Diamondback E&P11,38411,377143,549139,388160$91.38$3.04
Feb 2026Diamondback E&P8,8998,888107,867102,9211,340$64.51$3.62
Jan 2026Diamondback E&P8,3348,345102,27897,5051,650$60.04$7.72
Dec 2025Diamondback E&P10,53010,578130,229124,3061,810$57.97$4.26
Nov 2025Diamondback E&P12,55912,505154,423138,42311,848$60.06$3.79
Oct 2025Diamondback E&P15,03115,931166,458158,95212$60.89$3.19
Sep 2025Diamondback E&P17,35716,530148,062139,8031,326$63.96$2.97
Aug 2025Diamondback E&P22,09522,095142,342133,2651,284$64.86$2.91
Jul 2025Diamondback E&P12,46412,414104,68197,113356$68.39$3.20
Jun 2025Diamondback E&P12,80412,813146,377138,230110$68.17$3.02
May 2025Diamondback E&P13,32613,320144,754135,859851$62.17$3.12
Apr 2025Diamondback E&P15,14015,160167,783157,6901,180$63.54$3.42
Mar 2025Diamondback E&P18,19718,507195,587180,3954,862$68.24$4.12
Feb 2025Diamondback E&P17,54217,705184,234173,502712$71.53$4.19
Jan 2025Diamondback E&P20,43520,102194,446184,447676$75.74$4.13
Dec 2024Endeavor Energy24,22324,115182,476173,204568$70.12$3.01
Nov 2024Endeavor Energy22,79322,786145,222139,333183$69.95$2.12
Oct 2024Endeavor Energy22,88622,795128,103123,272848$71.99$2.20
Sep 2024Endeavor Energy23,83323,883120,420116,62812$70.24$2.28
Aug 2024Endeavor Energy27,63427,608141,817136,8490$76.68$1.99
Jul 2024Endeavor Energy28,07828,143117,259112,81219$81.80$2.07
Jun 2024Endeavor Energy22,63822,724103,47498,630100$79.77$2.54
May 2024Endeavor Energy19,63219,53371,96068,810382$80.02$2.12
Apr 2024Endeavor Energy16,75716,71168,57565,93120$85.35$1.60
Mar 2024Endeavor Energy12,09412,10659,16857,1363$81.28$1.49
Feb 2024Endeavor Energy22,82323,057119,458115,22731$77.25$1.72
Jan 2024Endeavor Energy31,15631,130148,472143,439207$74.15$3.18
Dec 2023Endeavor Energy36,20836,167156,860152,15960$71.90$2.52
Nov 2023Endeavor Energy34,36734,406146,208141,85210$77.69$2.71
Oct 2023Endeavor Energy41,55941,484199,571196,0610$85.64$2.98
Sep 2023Endeavor Energy44,54044,561191,452188,2460$89.43$2.64
Aug 2023Endeavor Energy46,31846,354194,927191,7480$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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