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Texas oil lease

Producing

LB EPLEY NS 39-46 07

LB Epley NS 39-46 07 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

61,081bbl oil, last 12 months−1% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-51498

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
286,265 mcf
Oil in Jul 2026
4,862 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for LB EPLEY NS 39-46 07, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 61,081 bbl in the 12 months through Jul 2026, against 61,477 bbl in the 12 months before.Last 12 months: 61,081 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for LB EPLEY NS 39-46 07, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 61,081 bbl in the 12 months through Jul 2026, against 61,477 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 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 07 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 07 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.

3 wells on this lease

Wells on LB EPLEY NS 39-46 07
API numberWell no.Status
42-329-42315207HActive
42-329-42344107HActive
42-329-42345507HActive

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 gasBuys100Nov 24, 2018–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 24, 2018–
Eastex Crude CompanyOilGathers10Feb 1, 2023Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers80Feb 1, 2023Feb 1, 2025
Shell Trading (Us) CompanyOilGathers10Feb 1, 2023Feb 1, 2025
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Feb 1, 2023
Nustar Permian Trans and Stg,llcOilGathers25Jan 1, 2023Feb 1, 2023
Shell Trading (Us) CompanyOilGathers50Jan 1, 2023Feb 1, 2023

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

Who buys my oilOil price check

1,137.22 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 07
API numberWell no.Acreson the permit
42-329-42344107H1,137.22
42-329-42345507H1,137.22
42-329-42315207H1,137.22

SourceRailroad Commission drilling permits, Oct 3, 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 LB EPLEY NS 39-46 07
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,8624,93527,89127,8910$80.46$2.89
Jun 20265,2455,26027,21827,2180$84.81$3.15
May 20265,5585,60729,74029,7400$102.13$2.94
Apr 20265,3395,35825,84225,8420$100.32$2.77
Mar 20265,2625,29326,12726,1270$91.38$3.04
Feb 20265,3385,30322,09022,0900$64.51$3.62
Jan 20266,4027,31722,75422,7540$60.04$7.72
Dec 20255,3254,35419,46619,4660$57.97$4.26
Nov 20254,6484,61921,48821,4880$60.06$3.79
Oct 20254,0764,38624,02324,0230$60.89$3.19
Sep 20254,0533,69818,57718,5770$63.96$2.97
Aug 20254,9735,07621,04921,0490$64.86$2.91
Jul 20255,0224,91922,67922,6790$68.39$3.20
Jun 20254,6894,68119,86419,8640$68.17$3.02
May 20255,1675,13221,62921,6290$62.17$3.12
Apr 20254,5854,62719,14019,1400$63.54$3.42
Mar 20254,7684,72620,20120,2010$68.24$4.12
Feb 20253,7503,66617,67417,6740$71.53$4.19
Jan 20254,6494,65223,74723,7470$75.74$4.13
Dec 20245,5765,57028,27328,2730$70.12$3.01
Nov 20245,6185,67730,13230,1320$69.95$2.12
Oct 20245,9465,89626,44826,4480$71.99$2.20
Sep 20245,7795,79924,05524,0550$70.24$2.28
Aug 20245,9285,93525,76525,7650$76.68$1.99
Jul 20245,6815,68624,76024,7600$81.80$2.07
Jun 20245,6765,63225,25025,2500$79.77$2.54
May 20243,6673,68923,65323,6530$80.02$2.12
Apr 20245,9455,99628,90128,9010$85.35$1.60
Mar 20246,8536,77331,02131,0210$81.28$1.49
Feb 20245,7025,73724,97024,9700$77.25$1.72
Jan 20245,6325,62629,39829,3980$74.15$3.18
Dec 20236,7046,67132,31032,3100$71.90$2.52
Nov 20236,1226,13436,30436,0560$77.69$2.71
Oct 20236,6896,74137,50037,0780$85.64$2.98
Sep 20237,0677,12434,28333,8700$89.43$2.64
Aug 20236,8466,79230,73930,3440$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

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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