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Texas oil lease

Producing

LINE DRIVE K

Line Drive K is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

6,296bbl oil, last 12 months−30% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-53706

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
213,739 mcf
Oil in Jul 2026
415 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for LINE DRIVE K, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 6,296 bbl in the 12 months through Jul 2026, against 8,999 bbl in the 12 months before.Last 12 months: 6,296 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for LINE DRIVE K, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 6,296 bbl in the 12 months through Jul 2026, against 8,999 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 7.4% of the gas in Jun 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of LINE DRIVE K gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 7.4% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of LINE DRIVE K gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 7.4% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 7.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 211,971 mcf

  • Lease fuel (1)

    0.5% · 1,072 mcf

  • Flared (4)

    0.3% · 696 mcf

0.3% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on LINE DRIVE K
API numberWell no.Status
42-329-427693LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers100Nov 11, 2019–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Nov 11, 2019Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Nov 11, 2019Apr 1, 2026

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

Who buys my oilOil price check

2,265.87 acres on the newest permit

A production sharing agreement well is on this lease

Permits for Line Drive K
API numberWell no.Acreson the permit
42-329-427693LS2,265.87

SourceRailroad Commission drilling permits, Sep 26, 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 LINE DRIVE K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202641541523,47623,3720$80.46$2.89
Jun 202647547623,11723,0120$84.81$3.15
May 202647947621,47721,3840$102.13$2.94
Apr 202659660025,60125,4800$100.32$2.77
Mar 202660460123,42823,2980$91.38$3.04
Feb 202647647414,94414,8600$64.51$3.62
Jan 20263483513,8973,8750$60.04$7.72
Dec 202567067418,27717,904271$57.97$4.26
Nov 202562662115,71515,502130$60.06$3.79
Oct 20253533573,9893,9650$60.89$3.19
Sep 202559459619,11819,0190$63.96$2.97
Aug 202566065520,70020,300295$64.86$2.91
Jul 202561561422,83522,7200$68.39$3.20
Jun 202569770116,93516,744100$68.17$3.02
May 202565165212,40412,207135$62.17$3.12
Apr 202569569511,12011,0660$63.54$3.42
Mar 202564964910,88010,705120$68.24$4.12
Feb 20255405438,5808,433103$71.53$4.19
Jan 202579779814,15714,0980$75.74$4.13
Dec 202486486213,81913,76526$70.12$3.01
Nov 202473573713,18913,1760$69.95$2.12
Oct 202492192515,34515,3280$71.99$2.20
Sep 202487787615,36415,3220$70.24$2.28
Aug 202495895214,98114,9230$76.68$1.99
Jul 202467167213,49213,42211$81.80$2.07
Jun 202493493111,62510,711865$79.77$2.54
May 20249899969,7479,537167$80.02$2.12
Apr 20241,1681,1676,3086,22257$85.35$1.60
Mar 20241,1081,1099,5289,45130$81.28$1.49
Feb 20241,0441,0378,8888,8446$77.25$1.72
Jan 20241,0261,0348,4078,31051$74.15$3.18
Dec 20231,1631,1627,6397,56339$71.90$2.52
Nov 20238758733,6203,57925$77.69$2.71
Oct 20231,2051,20816,36816,185109$85.64$2.98
Sep 20231,2251,2469,1168,968117$89.43$2.64
Aug 20231,4461,42411,45711,103305$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

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