Texas oil lease

Producing

LICENSE TO DRILL 11-47 UNIT

Name: LICENSE TO DRILL 11-47 UNIT monthly oil and gas production, Martin County, Texas
Creator: Texas Railroad Commission

License to Drill 11-47 Unit is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

604,772bbl oil, last 12 months

Operator: Diamondback E&P LLC
County: Martin County
Field: Spraberry (Trend Area)
RRC lease: 08-63744

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Where it sits

This county

Martin County

Gas, last 12 months: 505,726 mcf
Oil in Jul 2026: 29,455 bbl

Production by month

Oil output since Apr 2025

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 9.3% of the gas in Oct 2025.

Transmission line (2)
Lease fuel (1)
Flared (4)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Transmission line (2)
98% · 496,567 mcf
Flared (4)
1.4% · 7,245 mcf
Lease fuel (1)
0.4% · 1,914 mcf

1.4% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on LICENSE TO DRILL 11-47 UNIT
API number	Well no.	Status
42-317-46581	1DN	Active
42-317-46582	2DN	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Medallion Operating Company, LLC	Oil	Gathers	100	May 5, 2025
Targa Midland LLC	Casinghead gas	Buys	100	May 5, 2025
Targa Midland LLC	Casinghead gas	Gathers	100	May 5, 2025

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

Who buys my oil Oil price check

803.16 acres on the newest permit

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Permits for License to Drill 11-47 Unit
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-317-46581	1DN	Jan 14, 2025	May 5, 2025	803.16	Horizontal
42-317-46582	2DN	Jan 14, 2025	Apr 22, 2025	803.16	Horizontal

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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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.
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

16 months, newest first

Ledger for LICENSE TO DRILL 11-47 UNIT
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	29,455	29,488	37,450	37,303	6	$80.46	$2.89
Jun 2026	35,747	35,718	42,011	41,849	6	$84.81	$3.15
May 2026	35,171	35,167	38,235	38,021	71	$102.13	$2.94
Apr 2026	45,339	45,409	49,224	49,044	0	$100.32	$2.77
Mar 2026	60,091	60,091	62,104	61,898	12	$91.38	$3.04
Feb 2026	70,732	70,726	65,476	63,499	1,785	$64.51	$3.62
Jan 2026	53,566	53,596	35,638	35,059	440	$60.04	$7.72
Dec 2025	71,202	71,145	44,736	44,052	518	$57.97	$4.26
Nov 2025	59,980	60,015	36,063	35,859	68	$60.06	$3.79
Oct 2025	61,283	61,303	40,791	36,834	3,790	$60.89	$3.19
Sep 2025	54,284	54,213	35,341	34,881	287	$63.96	$2.97
Aug 2025	27,922	27,734	18,657	18,268	262	$64.86	$2.91
Jul 2025	0	0	0	0	0	$68.39	$3.20
Jun 2025	0	0	0	0	0	$68.17	$3.02
May 2025	0	0	0	0	0	$62.17	$3.12
Apr 2025	0	0	0	0	0	$63.54	$3.42

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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