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Texas oil lease

Producing

LOOMIS 31-43 C

Loomis 31-43 C is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

Oil lease dossier

19,546bbl oil, last 12 months−44% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59366

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
302,123 mcf
Oil in Jul 2026
1,430 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 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 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for LOOMIS 31-43 C, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 19,546 bbl in the 12 months through Jul 2026, against 34,648 bbl in the 12 months before.Last 12 months: 19,546 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for LOOMIS 31-43 C, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 19,546 bbl in the 12 months through Jul 2026, against 34,648 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 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 20.9% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of LOOMIS 31-43 C 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 20.9% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of LOOMIS 31-43 C 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 20.9% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 20.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 300,130 mcf

  • Flared (4)

    0.4% · 1,295 mcf

  • Lease fuel (1)

    0.2% · 698 mcf

0.4% of the gas flared in the last 12 months. 8 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Dk Trading & Supply, LLCOilGathers50Apr 2, 2023Mar 1, 2026
Oryx Midland Oil Gathering LLCOilGathers50Apr 2, 2023Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Apr 2, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Apr 2, 2023Aug 1, 2024

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

Who buys my oilOil price check

1,180 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 Loomis 31-43 C
API numberWell no.Acreson the permit
42-317-437713WA1,180

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 LOOMIS 31-43 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,4301,42919,49419,072374$80.46$2.89
Jun 20261,1961,19719,07219,0260$84.81$3.15
May 20261,5801,58121,73821,6850$102.13$2.94
Apr 20261,6211,62420,32820,22947$100.32$2.77
Mar 20261,8051,80922,89222,617222$91.38$3.04
Feb 20261,7171,71026,39726,24093$64.51$3.62
Jan 20261,5501,55327,00326,540402$60.04$7.72
Dec 20251,3481,34625,91525,84113$57.97$4.26
Nov 20251,3611,36627,58227,45563$60.06$3.79
Oct 20251,9341,92828,00227,92415$60.89$3.19
Sep 20251,5751,57726,83826,75722$63.96$2.97
Aug 20252,4292,43436,86236,74444$64.86$2.91
Jul 20252,4582,45038,88738,648116$68.39$3.20
Jun 20251,3371,34118,48318,35373$68.17$3.02
May 20252,2022,21223,97423,85547$62.17$3.12
Apr 20251,9031,89115,07814,686348$63.54$3.42
Mar 20252,3632,36716,35613,6722,639$68.24$4.12
Feb 20252,4202,42714,79814,69858$71.53$4.19
Jan 20252,4952,48313,96913,285647$75.74$4.13
Dec 20242,5802,57915,74115,69311$70.12$3.01
Nov 20243,8093,81221,68221,224410$69.95$2.12
Oct 20245,2745,27224,94124,671217$71.99$2.20
Sep 20243,2163,22111,27510,0241,225$70.24$2.28
Aug 20244,5914,59422,15021,799302$76.68$1.99
Jul 20244,9974,99027,00226,568369$81.80$2.07
Jun 20244,3534,35626,71525,6081,018$79.77$2.54
May 20244,9264,92933,73333,59214$80.02$2.12
Apr 20245,8585,88633,18033,02265$85.35$1.60
Mar 20245,9555,93737,53737,3908$81.28$1.49
Feb 20245,4745,48134,70932,5532,027$77.25$1.72
Jan 20245,2455,23321,97717,3184,595$74.15$3.18
Dec 20234,7124,74121,21321,1615$71.90$2.52
Nov 202310,02110,00332,42231,797523$77.69$2.71
Oct 20239,7119,71823,02122,90625$85.64$2.98
Sep 202316,91916,97826,36725,423845$89.43$2.64
Aug 202320,37320,38747,50344,4612,868$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)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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