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Texas oil lease

Producing

KELVIN ALLRED "17"

Kelvin Allred "17" is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

5 wells

7,876bbl oil, last 12 months+52% vs prior year
RRC lease
08-38379

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
3,891 mcf
Oil in Jul 2026
854 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: 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.

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Production by month

Oil output rose 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 52% over the last 12 monthsMonthly oil production and gas for KELVIN ALLRED "17", Aug 2023 to Jul 2026. Oil output rose 52% over the last 12 months. 7,876 bbl in the 12 months through Jul 2026, against 5,171 bbl in the 12 months before.Last 12 months: 7,876 bblbbl per monthmcf per month005002501,0005001,5007502,0001,0002,5001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 52% over the last 12 monthsMonthly oil production and gas for KELVIN ALLRED "17", Aug 2023 to Jul 2026. Oil output rose 52% over the last 12 months. 7,876 bbl in the 12 months through Jul 2026, against 5,171 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002501,0005001,5007502,0001,0002,5001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Jul 2025 the lease's gas goes to a transmission line instead of a processing plantShare of KELVIN ALLRED "17" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to a transmission line instead of a processing plantShare of KELVIN ALLRED "17" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Jul 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 4,947 mcf

  • Processing plant (3)

    10% · 578 mcf

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.

5 wells on this lease

Wells on KELVIN ALLRED "17"
API numberWell no.Status
42-317-348651Shut-in
42-317-349692Active
42-317-358003Active
42-317-358025Active
42-317-393634Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Apr 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 1, 2007Apr 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Nov 1, 2017Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Apr 1, 2025

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

320.50 acres on the newest permit

Permits for Kelvin Allred "17"
API numberWell no.Acreson the permit
42-317-393634320.50
42-317-348651320.50
42-317-349692320.50
42-317-358003320.50
42-317-358025320.50

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 KELVIN ALLRED "17"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P854727000$80.46$2.89
Jun 2026Diamondback E&P765897000$84.81$3.15
May 2026Diamondback E&P865910000$102.13$2.94
Apr 2026Diamondback E&P961908000$100.32$2.77
Mar 2026Diamondback E&P1,3141,285000$91.38$3.04
Feb 2026Diamondback E&P594548000$64.51$3.62
Jan 2026Diamondback E&P776913000$60.04$7.72
Dec 2025Diamondback E&P4261824484480$57.97$4.26
Nov 2025Diamondback E&P911786256250$60.06$3.79
Oct 2025Diamondback E&P4303629169160$60.89$3.19
Sep 2025Diamondback E&P3813629179170$63.96$2.97
Aug 2025Diamondback E&P4193669859850$64.86$2.91
Jul 2025Diamondback E&P3483661,0561,0560$68.39$3.20
Jun 2025Diamondback E&P419536000$68.17$3.02
May 2025Diamondback E&P438368000$62.17$3.12
Apr 2025Diamondback E&P462552000$63.54$3.42
Mar 2025Diamondback E&P355182000$68.24$4.12
Feb 2025Diamondback E&P429554000$71.53$4.19
Jan 2025Diamondback E&P481538000$75.74$4.13
Dec 2024Endeavor Energy490547000$70.12$3.01
Nov 2024Endeavor Energy392358000$69.95$2.12
Oct 2024Endeavor Energy451368000$71.99$2.20
Sep 2024Endeavor Energy444526000$70.24$2.28
Aug 2024Endeavor Energy462523000$76.68$1.99
Jul 2024Endeavor Energy484504000$81.80$2.07
Jun 2024Endeavor Energy460335000$79.77$2.54
May 2024Endeavor Energy545530000$80.02$2.12
Apr 2024Endeavor Energy402353000$85.35$1.60
Mar 2024Endeavor Energy639690000$81.28$1.49
Feb 2024Endeavor Energy380347000$77.25$1.72
Jan 2024Endeavor Energy477522000$74.15$3.18
Dec 2023Endeavor Energy399348000$71.90$2.52
Nov 2023Endeavor Energy449514000$77.69$2.71
Oct 2023Endeavor Energy448361000$85.64$2.98
Sep 2023Endeavor Energy6227055785780$89.43$2.64
Aug 2023Endeavor Energy562509000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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