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Texas oil lease

Producing

LIBERTY-DYER "38"

Liberty-Dyer "38" is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

5 wells

2,792bbl oil, last 12 months−39% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-38450

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
5,045 mcf
Oil in Jul 2026
64 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: ENTERPRISE PRODUCTS OPERATING LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Apr 1, 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 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for LIBERTY-DYER "38", Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 2,792 bbl in the 12 months through Jul 2026, against 4,547 bbl in the 12 months before.Last 12 months: 2,792 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for LIBERTY-DYER "38", Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 2,792 bbl in the 12 months through Jul 2026, against 4,547 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 LIBERTY-DYER "38" 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 LIBERTY-DYER "38" 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.

5 wells on this lease

Wells on LIBERTY-DYER "38"
API numberWell no.Status
42-317-347731Active
42-317-347922Active
42-317-349963Active
42-317-352764Active
42-317-384745Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Apr 1, 2025–
Enterprise Products Operating LLCCasinghead gasBuys100Apr 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Apr 1, 2025–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023Apr 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Apr 1, 2025
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Nov 1, 2017Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Nov 1, 2017Jun 1, 2023

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

Who buys my oilOil price check

645.98 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 645.98 and 647.92 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 Liberty-Dyer "38"
API numberWell no.Acreson the permit
42-317-347922645.98
42-317-352764645.98
42-317-347731647.92
42-317-349963645.98
42-317-384745645.98

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 LIBERTY-DYER "38"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P64147470$80.46$2.89
Jun 2026Diamondback E&P2323583953950$84.81$3.15
May 2026Diamondback E&P2061795975970$102.13$2.94
Apr 2026Diamondback E&P2723665835830$100.32$2.77
Mar 2026Diamondback E&P2861886786780$91.38$3.04
Feb 2026Diamondback E&P2863684924920$64.51$3.62
Jan 2026Diamondback E&P3133677497490$60.04$7.72
Dec 2025Diamondback E&P2491863813810$57.97$4.26
Nov 2025Diamondback E&P2371873203200$60.06$3.79
Oct 2025Diamondback E&P3263514944940$60.89$3.19
Sep 2025Diamondback E&P9241921920$63.96$2.97
Aug 2025Diamondback E&P2291761171170$64.86$2.91
Jul 2025Diamondback E&P1103341601600$68.39$3.20
Jun 2025Diamondback E&P15211751750$68.17$3.02
May 2025Diamondback E&P4115605955950$62.17$3.12
Apr 2025Diamondback E&P3163592062060$63.54$3.42
Mar 2025Diamondback E&P2441816296290$68.24$4.12
Feb 2025Diamondback E&P4775468378370$71.53$4.19
Jan 2025Diamondback E&P6255508478470$75.74$4.13
Dec 2024Endeavor Energy5023536756750$70.12$3.01
Nov 2024Endeavor Energy4875376296290$69.95$2.12
Oct 2024Endeavor Energy5285426726720$71.99$2.20
Sep 2024Endeavor Energy3643664394390$70.24$2.28
Aug 2024Endeavor Energy3313735405400$76.68$1.99
Jul 2024Endeavor Energy4573696526520$81.80$2.07
Jun 2024Endeavor Energy4226484444440$79.77$2.54
May 2024Endeavor Energy4393372592590$80.02$2.12
Apr 2024Endeavor Energy5335198608600$85.35$1.60
Mar 2024Endeavor Energy6456628478470$81.28$1.49
Feb 2024Endeavor Energy5365198538530$77.25$1.72
Jan 2024Endeavor Energy5455231,1211,1210$74.15$3.18
Dec 2023Endeavor Energy5996804654650$71.90$2.52
Nov 2023Endeavor Energy6647493933930$77.69$2.71
Oct 2023Endeavor Energy7566991,0061,0060$85.64$2.98
Sep 2023Endeavor Energy7026868818810$89.43$2.64
Aug 2023Endeavor Energy5636717397390$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)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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