Texas oil lease
ProducingL BLACK 88-87 WEST
L Black 88-87 West is an oil lease in Ward County, Texas, operated by Diamondback E&P LLC in the Phantom (Wolfcamp) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Ward County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-49851
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 99,963 mcf
- Oil in Jul 2026
- 2,257 bbl
Production by month
Oil output fell 35% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Mar 2024 the lease's gas goes to a transmission line instead of lease fuel
Flaring peaked at 26.1% of the gas in Apr 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
99% · 98,787 mcf
Flared (4)
1.2% · 1,176 mcf
1.2% of the gas flared in the last 12 months. 22 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Jan 2022
- Diamondback E&P LLC Jan 2022 to now
- Colgate Operating, LLC Sep 2021 to Dec 2021
- Occidental Permian Ltd. Jan 2020 to Aug 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-475-37261 | 12H | Active |
| 42-475-37301 | 11H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 100 | Jan 1, 2020 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Jan 21, 2018 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Jan 21, 2018 | – |
| Bridger Transportation, LLC | Oil | Gathers | 50 | Jan 21, 2018 | Jan 1, 2020 |
| Oryx So. Delaware Ogt LLC | Oil | Gathers | 50 | Jan 21, 2018 | Jan 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
760 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 760 and 800 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-475-37301 | 11H | Sep 18, 2017 | Jun 22, 2018 | 760 |
| 42-475-37261 | 12H | Jul 6, 2017 | Jan 21, 2018 | 800 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 2,257 | 2,250 | 6,187 | 6,080 | 107 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 1,157 | 1,158 | 3,334 | 3,282 | 52 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 2,209 | 2,218 | 6,020 | 6,020 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 3,274 | 3,274 | 6,690 | 6,690 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 3,119 | 3,124 | 8,634 | 8,556 | 78 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 3,253 | 3,257 | 8,034 | 8,034 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 4,220 | 5,389 | 9,187 | 9,187 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 3,165 | 1,978 | 8,575 | 8,428 | 147 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 3,316 | 3,366 | 10,360 | 9,941 | 419 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 3,641 | 4,481 | 10,547 | 10,174 | 373 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 3,473 | 2,660 | 10,553 | 10,553 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 3,870 | 3,852 | 11,842 | 11,842 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 4,005 | 4,025 | 12,724 | 12,672 | 52 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 4,211 | 4,288 | 13,903 | 12,921 | 982 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 6,595 | 6,564 | 15,852 | 14,742 | 1,110 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 7,217 | 7,115 | 14,362 | 10,611 | 3,743 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 3,387 | 3,541 | 14,781 | 11,643 | 2,145 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 4,232 | 4,318 | 17,563 | 13,849 | 1,160 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 5,001 | 4,958 | 20,503 | 15,839 | 1,106 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 5,783 | 5,767 | 23,443 | 14,830 | 5,516 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 4,835 | 4,943 | 22,962 | 18,454 | 2,222 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 2,857 | 2,840 | 17,788 | 11,327 | 3,224 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 3,539 | 3,702 | 18,541 | 14,038 | 870 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 4,781 | 4,487 | 16,689 | 11,112 | 1,828 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 5,212 | 5,031 | 14,890 | 10,600 | 1,274 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 0 | 174 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 3,989 | 3,993 | 13,924 | 10,203 | 1,238 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 5,127 | 5,181 | 16,915 | 13,699 | 317 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 5,492 | 5,431 | 18,444 | 14,885 | 208 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 3,357 | 3,401 | 6,909 | 2,634 | 1,136 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 3,901 | 3,823 | 6,530 | 3,168 | 300 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 3,033 | 3,060 | 5,730 | 2,679 | 548 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 3,532 | 3,479 | 8,205 | 3,835 | 873 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 3,221 | 3,289 | 8,989 | 4,889 | 485 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 3,413 | 3,537 | 8,339 | 3,944 | 1,692 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 4,666 | 4,542 | 10,035 | 5,792 | 1,027 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Ward County
- BANKER 70-71 F
34,853 bbl
- RIVER CAT 57-33 C
37,786 bbl
- FIRE FROG 57-32 B
35,871 bbl
- BANKER 70-71 D
35,776 bbl
- RIVER CAT 57-33 A
36,169 bbl
- FIRE FROG 57-32 D
35,995 bbl
- CORSICAN 16 C
37,584 bbl
- BANKER 70-71 B
32,762 bbl
- BANKER 70-71 C
32,550 bbl
- ENFORCER 34 113-112 D
36,322 bbl
Phantom (Wolfcamp) field
- SNOWSHOE STATE 57-10 WEST UNIT
300,869 mcf
- CASHMERE 29-0-15-10 E
39,270 bbl
- THRESHER 54-1-17
37,345 bbl
- CHECKERS STATE UNIT 54-12-21
260,677 mcf
- BUZZARD SOUTH 6972
166,579 mcf
- UNIVERSITY 18-3-14 WA7
36,283 bbl
- CHEVRON 34-157
37,222 bbl
- STATE MINT A UNIT
218,097 mcf
- WYVERN STATE 57-3-27 UNIT
309,882 mcf
- MAHOGANY 13-24-56-1F
214,929 mcf
Leases within 10 km
- BLACK D
0 mcf · 0.4 km
- L BLACK 88-87 EAST
5,253 bbl · 0.6 km
- A HERRING 94-93 UNIT
158,137 bbl · 0.6 km
- BLACK, P. H. ET AL
0 bbl · 0.7 km
- LOCKRIDGE, I. P.
234,717 mcf · 0.7 km
- MORRISON, H. B.
35,997 mcf · 0.8 km
- H.B. MORRISON
4,530 bbl · 0.9 km
- LASATER, R. M.
35,532 mcf · 0.9 km
- ABERDEEN H
32,436 bbl · 1.5 km
- ABERDEEN G
27,013 bbl · 1.5 km
Drilling permits within 10 km
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