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Texas oil lease

Producing

LINE DRIVE P

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

1 well

11,055bbl oil, last 12 months−30% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-55128

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
110,031 mcf
Oil in Jul 2026
961 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.

See why checks stop on this lease

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 P, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 11,055 bbl in the 12 months through Jul 2026, against 15,866 bbl in the 12 months before.Last 12 months: 11,055 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for LINE DRIVE P, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 11,055 bbl in the 12 months through Jul 2026, against 15,866 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 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 P 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 P 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% · 109,213 mcf

  • Lease fuel (1)

    0.5% · 556 mcf

  • Flared (4)

    0.2% · 262 mcf

0.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on LINE DRIVE P
API numberWell no.Status
42-329-439154MSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers100Mar 11, 2020–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Mar 11, 2020Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Mar 11, 2020Apr 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 P
API numberWell no.Acreson the permit
42-329-439154MS2,265.87

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 P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202696196113,06613,0080$80.46$2.89
Jun 20261,0171,01912,07512,0200$84.81$3.15
May 20261,0751,06611,87211,8210$102.13$2.94
Apr 20261,1991,20411,81811,7620$100.32$2.77
Mar 20261,0421,03413,00712,9350$91.38$3.04
Feb 20265465503,7333,7120$64.51$3.62
Jan 20268338278,6798,6300$60.04$7.72
Dec 20255956056,3486,21894$57.97$4.26
Nov 20258188196,8666,77357$60.06$3.79
Oct 20259749747,4867,4420$60.89$3.19
Sep 20259439477,2927,2540$63.96$2.97
Aug 20251,0521,0467,7897,638111$64.86$2.91
Jul 20251,1211,1178,6028,5590$68.39$3.20
Jun 20251,0551,0649,3459,24055$68.17$3.02
May 20251,2391,2418,6558,51795$62.17$3.12
Apr 20251,3961,40011,01010,9570$63.54$3.42
Mar 20251,6471,65012,85112,644142$68.24$4.12
Feb 20251,5791,57210,23110,057122$71.53$4.19
Jan 20251,0031,0065,2315,2090$75.74$4.13
Dec 20241,2581,26110,36410,32419$70.12$3.01
Nov 20241,4561,4559,4819,4720$69.95$2.12
Oct 20241,3531,3606,8556,8470$71.99$2.20
Sep 20241,2831,2848,0628,0400$70.24$2.28
Aug 20241,4761,4718,9978,9620$76.68$1.99
Jul 20241,3671,3648,5928,5487$81.80$2.07
Jun 20241,3591,36212,16311,207905$79.77$2.54
May 20242,3492,36216,36916,016281$80.02$2.12
Apr 20242,4852,48914,01413,824126$85.35$1.60
Mar 20242,9262,92218,21718,06858$81.28$1.49
Feb 20242,2982,27512,03811,9788$77.25$1.72
Jan 20241,4861,51012,22912,08474$74.15$3.18
Dec 20232,4152,42513,43913,30469$71.90$2.52
Nov 20232,5992,58211,92711,79182$77.69$2.71
Oct 20232,3442,3559,2339,13061$85.64$2.98
Sep 20232,9743,01712,90312,693166$89.43$2.64
Aug 20233,1493,06912,22411,847325$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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