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Texas oil lease

Producing

LB EPLEY NS 39-46 06

LB Epley NS 39-46 06 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

2,042bbl oil, last 12 months−9% vs prior year
RRC lease
08-47475

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
38,892 mcf
Oil in Jul 2026
142 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for LB EPLEY NS 39-46 06, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 2,042 bbl in the 12 months through Jul 2026, against 2,240 bbl in the 12 months before.Last 12 months: 2,042 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for LB EPLEY NS 39-46 06, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 2,042 bbl in the 12 months through Jul 2026, against 2,240 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
All of the gas went to a transmission line in the last 12 monthsShare of LB EPLEY NS 39-46 06 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of LB EPLEY NS 39-46 06 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LB EPLEY NS 39-46 06
API numberWell no.Status
42-329-38948106HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 15, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 15, 2015–
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers25Jan 1, 2023Feb 1, 2025
Shell Trading (Us) CompanyOilGathers50Jan 1, 2023Feb 1, 2025
Eastex Crude CompanyOilGathers10Oct 15, 2020Jan 1, 2023
Nustar Permian Trans and Stg,llcOilGathers80Oct 15, 2020Jan 1, 2023
Shell Trading (Us) CompanyOilGathers10Oct 15, 2020Jan 1, 2023

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

1,137.22 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • 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 LB Epley NS 39-46 06
API numberWell no.Acreson the permit
42-329-38948106H1,137.22

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 LB EPLEY NS 39-46 06
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261421442,7642,7640$80.46$2.89
Jun 20261441455,1955,1950$84.81$3.15
May 20261651713,2103,2100$102.13$2.94
Apr 20262232223,0233,0230$100.32$2.77
Mar 20262022013,0933,0930$91.38$3.04
Feb 20261681663,3213,3210$64.51$3.62
Jan 20261942293,1393,1390$60.04$7.72
Dec 20251921602,5552,5550$57.97$4.26
Nov 20252162173,2813,2810$60.06$3.79
Oct 20252102113,4023,4020$60.89$3.19
Sep 2025106942,7282,7280$63.96$2.97
Aug 202580813,1813,1810$64.86$2.91
Jul 202573743,4403,4400$68.39$3.20
Jun 20251151143,2813,2810$68.17$3.02
May 20251101093,6403,6400$62.17$3.12
Apr 2025961033,6053,6050$63.54$3.42
Mar 20252202183,8833,8830$68.24$4.12
Feb 20251741703,4883,4880$71.53$4.19
Jan 20252272284,4404,4400$75.74$4.13
Dec 20243033024,2554,2550$70.12$3.01
Nov 20242892894,0884,0880$69.95$2.12
Oct 20241811803,9553,9550$71.99$2.20
Sep 20241881903,7123,7120$70.24$2.28
Aug 20242642653,6903,6900$76.68$1.99
Jul 20242892873,8473,8470$81.80$2.07
Jun 20242112113,6623,6620$79.77$2.54
May 20241731763,8453,8450$80.02$2.12
Apr 20243813843,7903,7900$85.35$1.60
Mar 20244144104,1274,1270$81.28$1.49
Feb 20243893923,7863,7860$77.25$1.72
Jan 20244304294,0484,0480$74.15$3.18
Dec 20234784763,8773,8770$71.90$2.52
Nov 20234734733,2813,1990$77.69$2.71
Oct 20234544582,7832,6530$85.64$2.98
Sep 20234804853,0892,9670$89.43$2.64
Aug 20235265213,6273,4940$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 Midland County

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Spraberry (Trend Area) field

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