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Producing

KOONCE FARMS "15"

Koonce Farms "15" is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

2,805bbl oil, last 12 months−45% vs prior year
RRC lease
08-40770

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
7,482 mcf
Oil in Jul 2026
140 bbl

Checks stopped on this lease?

  • Operator

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

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 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for KOONCE FARMS "15", Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 2,805 bbl in the 12 months through Jul 2026, against 5,098 bbl in the 12 months before.Last 12 months: 2,805 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for KOONCE FARMS "15", Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 2,805 bbl in the 12 months through Jul 2026, against 5,098 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 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

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of KOONCE FARMS "15" 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.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of KOONCE FARMS "15" 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.Share of gas by disposition code0%50%100%Nov 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

2 wells on this lease

Wells on KOONCE FARMS "15"
API numberWell no.Status
42-317-362051Active
42-317-374232Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Oasis Transp & Marketing Corp.OilGathers100Jan 3, 2011Apr 1, 2025

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

80.20 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80.2 and 160.4 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Koonce Farms "15"
API numberWell no.Acreson the permit
42-317-36205180.20
42-317-374232160.40

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 KOONCE FARMS "15"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1401743573570$80.46$2.89
Jun 2026Diamondback E&P1501834144140$84.81$3.15
May 2026Diamondback E&P13603923920$102.13$2.94
Apr 2026Diamondback E&P1451813913910$100.32$2.77
Mar 2026Diamondback E&P1741823043040$91.38$3.04
Feb 2026Diamondback E&P681601461460$64.51$3.62
Jan 2026Diamondback E&P10802852850$60.04$7.72
Dec 2025Diamondback E&P3703709919910$57.97$4.26
Nov 2025Diamondback E&P3785581,1311,1310$60.06$3.79
Oct 2025Diamondback E&P3853671,1181,1180$60.89$3.19
Sep 2025Diamondback E&P5123771,1141,1140$63.96$2.97
Aug 2025Diamondback E&P2391878398390$64.86$2.91
Jul 2025Diamondback E&P2803639979970$68.39$3.20
Jun 2025Diamondback E&P3703628968960$68.17$3.02
May 2025Diamondback E&P4035479749740$62.17$3.12
Apr 2025Diamondback E&P4373811,0091,0090$63.54$3.42
Mar 2025Diamondback E&P4363607057050$68.24$4.12
Feb 2025Diamondback E&P4163678678670$71.53$4.19
Jan 2025Diamondback E&P4565667517510$75.74$4.13
Dec 2024Endeavor Energy4503597427420$70.12$3.01
Nov 2024Endeavor Energy4335508528520$69.95$2.12
Oct 2024Endeavor Energy4973649569560$71.99$2.20
Sep 2024Endeavor Energy4645399799790$70.24$2.28
Aug 2024Endeavor Energy4563539589580$76.68$1.99
Jul 2024Endeavor Energy4845348988980$81.80$2.07
Jun 2024Endeavor Energy4453698668660$79.77$2.54
May 2024Endeavor Energy4525336516510$80.02$2.12
Apr 2024Endeavor Energy6595596106100$85.35$1.60
Mar 2024Endeavor Energy5195446046040$81.28$1.49
Feb 2024Endeavor Energy3935505535530$77.25$1.72
Jan 2024Endeavor Energy2971814844840$74.15$3.18
Dec 2023Endeavor Energy4135415755750$71.90$2.52
Nov 2023Endeavor Energy5605366686680$77.69$2.71
Oct 2023Endeavor Energy5355372752750$85.64$2.98
Sep 2023Endeavor Energy5605446586580$89.43$2.64
Aug 2023Endeavor Energy6137271601600$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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