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Texas oil lease

Producing

KELLI -B-

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

2 wells

2,389bbl oil, last 12 months−20% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-43945

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
539 mcf
Oil in Jul 2026
88 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for KELLI -B-, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 2,389 bbl in the 12 months through Jul 2026, against 3,000 bbl in the 12 months before.Last 12 months: 2,389 bblbbl per monthmcf per month00200100400200600300800400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for KELLI -B-, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 2,389 bbl in the 12 months through Jul 2026, against 3,000 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200100400200600300800400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of KELLI -B- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of KELLI -B- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 28 months above 3%.

2 wells on this lease

Wells on KELLI -B-
API numberWell no.Status
42-329-38477201Shut-in
42-329-38478202Active

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–
Chevron U. S. A. Inc.Casinghead gasBuys100May 22, 2013–
Chevron U. S. A. Inc.Casinghead gasGathers100May 22, 2013–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Aug 1, 2025
Explore Logistics LLCOilGathers50Jan 1, 2023Aug 1, 2025
Eastex Crude CompanyOilGathers100Dec 1, 2014Jan 1, 2023

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

Who buys my oilOil price check

80 acres on the newest permit

Permits for Kelli -B-
API numberWell no.Acreson the permit
42-329-3847820280
42-329-3847720180

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 KELLI -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202688132000$80.46$2.89
Jun 2026319130000$84.81$3.15
May 2026050000$102.13$2.94
Apr 20260108000$100.32$2.77
Mar 2026214252000$91.38$3.04
Feb 2026324193000$64.51$3.62
Jan 2026168247000$60.04$7.72
Dec 2025319290000$57.97$4.26
Nov 202522017095095$60.06$3.79
Oct 20252282441590159$60.89$3.19
Sep 20253172951450145$63.96$2.97
Aug 20251922761400140$64.86$2.91
Jul 20253403281780178$68.39$3.20
Jun 20253734221500150$68.17$3.02
May 20253233311140114$62.17$3.12
Apr 20253082301070107$63.54$3.42
Mar 20252524241640164$68.24$4.12
Feb 202526417284084$71.53$4.19
Jan 202514712093093$75.74$4.13
Dec 202419714793093$70.12$3.01
Nov 202418020690090$69.95$2.12
Oct 202423856685085$71.99$2.20
Sep 2024189090090$70.24$2.28
Aug 202418965093093$76.68$1.99
Jul 2024347093093$81.80$2.07
Jun 202429726984084$79.77$2.54
May 20241971081080108$80.02$2.12
Apr 20245134343150315$85.35$1.60
Mar 20244717523150315$81.28$1.49
Feb 20244943453050305$77.25$1.72
Jan 20244958553260326$74.15$3.18
Dec 20234964913260326$71.90$2.52
Nov 20236332303150315$77.69$2.71
Oct 20235484563010301$85.64$2.98
Sep 20235795433150315$89.43$2.64
Aug 20235948023260326$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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Spraberry (Trend Area) field

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