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Texas oil lease

Producing

ILIAD 27-18 B

Iliad 27-18 B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

48,686bbl oil, since Mar 2026
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-64533

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, since Mar 2026
61,114 mcf
Oil in Jul 2026
10,117 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced 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.

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First check

Production started April 2026; the first check is due by about August 28, 2026 (estimate).

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Production by month

Oil output over 5 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 5 reported monthsMonthly oil production and gas for ILIAD 27-18 B, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kOct 25Jan 26AprJul
Oil output over 5 reported monthsMonthly oil production and gas for ILIAD 27-18 B, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a transmission line in the 4 months reported

Flaring peaked at 4.3% of the gas in Apr 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
86% of the gas went to a transmission line in the 4 months reportedShare of ILIAD 27-18 B gas by disposition code each month, Mar 2026 to Jul 2026. 86% of the gas went to a transmission line in the 4 months reported. Flaring peaked at 4.3% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.3%Oct 25Jan 26AprJul
86% of the gas went to a transmission line in the 4 months reportedShare of ILIAD 27-18 B gas by disposition code each month, Mar 2026 to Jul 2026. 86% of the gas went to a transmission line in the 4 months reported. Flaring peaked at 4.3% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 4.3%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    86% · 52,659 mcf

  • Lease fuel (1)

    12% · 7,634 mcf

  • Flared (4)

    1.3% · 821 mcf

1.3% of the gas flared in the 4 months reported. One month above 3%.

1 well on this lease

Wells on ILIAD 27-18 B
API numberWell no.Status
42-317-469631LSShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Sep 28, 2025–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Sep 28, 2025–
Enlink Gas Marketing, LPCasinghead gasBuys100Sep 28, 2025Apr 1, 2026

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

Who buys my oilOil price check

858.69 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.

Check your decimal on this lease
Permits for Iliad 27-18 B
API numberWell no.Acreson the permit
42-317-469631LS858.69

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

5 months, newest first

Ledger for ILIAD 27-18 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,11710,14518,09516,2116$80.46$2.89
Jun 202615,79615,78624,16620,312308$84.81$3.15
May 202620,83820,80517,45514,917447$102.13$2.94
Apr 20261,9351,9261,3981,21960$100.32$2.77
Mar 202600000$91.38$3.04

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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