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Texas oil lease

Producing

LINE DRIVE L

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

1 well

6,600bbl oil, last 12 months−34% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-53707

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
130,016 mcf
Oil in Jul 2026
277 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for LINE DRIVE L, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 6,600 bbl in the 12 months through Jul 2026, against 10,065 bbl in the 12 months before.Last 12 months: 6,600 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for LINE DRIVE L, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 6,600 bbl in the 12 months through Jul 2026, against 10,065 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 L 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 L 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% · 128,772 mcf

  • Lease fuel (1)

    0.5% · 660 mcf

  • Flared (4)

    0.4% · 584 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on LINE DRIVE L
API numberWell no.Status
42-329-416654LSActive

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

  • 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 Line Drive L
API numberWell no.Acreson the permit
42-329-416654LS2,265.87

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 LINE DRIVE L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262772776,6926,6620$80.46$2.89
Jun 20262882918,1268,0890$84.81$3.15
May 202647547316,27416,2030$102.13$2.94
Apr 202660661111,52611,4720$100.32$2.77
Mar 202664163710,52810,4690$91.38$3.04
Feb 20264294324,2884,2640$64.51$3.62
Jan 202662762610,36410,3060$60.04$7.72
Dec 202583483812,00111,756178$57.97$4.26
Nov 202567967312,05511,891100$60.06$3.79
Oct 20253513561,9501,9390$60.89$3.19
Sep 202563363614,68914,6130$63.96$2.97
Aug 202576075321,52321,108306$64.86$2.91
Jul 202561861716,86716,7820$68.39$3.20
Jun 202567668224,71824,438147$68.17$3.02
May 202575675622,69522,333248$62.17$3.12
Apr 202577577618,10818,0200$63.54$3.42
Mar 202574474211,95211,760132$68.24$4.12
Feb 20253823884,1514,08050$71.53$4.19
Jan 202595195123,49523,3980$75.74$4.13
Dec 20241,0181,01925,47425,37547$70.12$3.01
Nov 20241,0541,05627,87027,8420$69.95$2.12
Oct 20241,2731,27526,15926,1300$71.99$2.20
Sep 20249689656,7756,7570$70.24$2.28
Aug 202485084911,31511,2710$76.68$1.99
Jul 20241,0101,0169,6649,6148$81.80$2.07
Jun 20241,6381,63020,51618,9031,527$79.77$2.54
May 20241,4841,49120,97620,524360$80.02$2.12
Apr 20241,4481,44816,90216,674151$85.35$1.60
Mar 20241,5451,54418,76718,61460$81.28$1.49
Feb 20241,2591,24912,84012,7769$77.25$1.72
Jan 20241,0911,10310,0999,98261$74.15$3.18
Dec 20231,4091,41415,33615,18279$71.90$2.52
Nov 20231,4411,43413,51113,35793$77.69$2.71
Oct 20231,5671,57113,81713,66392$85.64$2.98
Sep 20231,7171,74319,03118,723244$89.43$2.64
Aug 20231,7711,75718,13517,576482$81.39$2.58

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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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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