Texas oil lease
ProducingMARGIE 9-4 B
Margie 9-4 B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-63275
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 789,806 mcf
- Oil in Jul 2026
- 11,233 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced ETC GAS PROCESSING, LLC, 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 leaseProduction by month
Oil output since Feb 2025
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
95% of the gas went to a transmission line in the last 12 months
Flaring peaked at 8.1% of the gas in Aug 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
95% · 748,839 mcf
Lease fuel (1)
3.1% · 24,846 mcf
Flared (4)
2.0% · 16,121 mcf
2.0% of the gas flared in the last 12 months. 4 months above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46462 | 2LS | Active |
| 42-317-46463 | 4WB | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dk Trading & Supply, LLC | Oil | Gathers | 100 | Apr 1, 2026 | – |
| Oneok Midland Midstream, LLC | Casinghead gas | Buys | 100 | Apr 1, 2026 | – |
| Enlink Permian, LLC | Casinghead gas | Gathers | 100 | Apr 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 50 | Nov 1, 2025 | Apr 1, 2026 |
| Enlink Midstream Services, LLC | Casinghead gas | Gathers | 50 | Nov 1, 2025 | Apr 1, 2026 |
| Coronado Midstream LLC | Casinghead gas | Buys | 50 | Nov 1, 2025 | Apr 1, 2026 |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 50 | Nov 1, 2025 | Apr 1, 2026 |
| Dk Trading & Supply, LLC | Oil | Gathers | 90 | Nov 1, 2025 | Apr 1, 2026 |
| Midcon Gathering LLC | Oil | Gathers | 10 | Nov 1, 2025 | Apr 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
720 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-46462 | 2LS | Sep 20, 2024 | Feb 13, 2025 | 720 |
| 42-317-46463 | 4WB | Sep 20, 2024 | Feb 26, 2025 | 720 |
What Diamondback Energy, Inc. told investors it received
| 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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
18 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 11,233 | 11,231 | 58,338 | 56,075 | 226 | $80.46 | $2.89 |
| Jun 2026 | 11,239 | 11,233 | 60,907 | 58,934 | 0 | $84.81 | $3.15 |
| May 2026 | 12,890 | 12,882 | 62,687 | 60,159 | 457 | $102.13 | $2.94 |
| Apr 2026 | 13,418 | 13,446 | 60,890 | 58,940 | 0 | $100.32 | $2.77 |
| Mar 2026 | 14,931 | 14,950 | 65,859 | 63,840 | 87 | $91.38 | $3.04 |
| Feb 2026 | 16,727 | 16,714 | 51,016 | 47,595 | 1,977 | $64.51 | $3.62 |
| Jan 2026 | 21,500 | 21,472 | 55,141 | 52,157 | 1,738 | $60.04 | $7.72 |
| Dec 2025 | 30,627 | 30,629 | 71,811 | 69,464 | 49 | $57.97 | $4.26 |
| Nov 2025 | 41,303 | 41,354 | 89,271 | 81,894 | 4,805 | $60.06 | $3.79 |
| Oct 2025 | 59,238 | 59,219 | 88,950 | 84,917 | 1,580 | $60.89 | $3.19 |
| Sep 2025 | 66,834 | 66,838 | 82,507 | 78,043 | 1,776 | $63.96 | $2.97 |
| Aug 2025 | 37,609 | 37,486 | 42,429 | 36,821 | 3,426 | $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 |
| Mar 2025 | 0 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025 | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
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
Diamondback E&P LLC in Martin County
- BLACKGOLDENEYE 13-1 UNIT 2
362,063 bbl
- GEORGE HOLT GLASS EAST L 13-1
359,799 bbl
- ANACONDA 5-4 UNIT 2
304,087 bbl
- YOU JANE 20-25 UNIT 1
285,587 bbl
- GUARDIAN EAST 250 M
351,272 bbl
- TEMPLE FORK 32-20 Q
303,281 bbl
- TRUE GRIT 16-17 D
344,480 bbl
- BLACK LAGOON 2-3 UNIT 2
315,515 bbl
- ROSALIE 6-3 UNIT 2
296,218 bbl
- TRUE GRIT 16-17 E
338,867 bbl
Spraberry (Trend Area) field
- SARATOGA
300,254 bbl
- YOU JANE 20-25 UNIT 1
285,587 bbl
- ANNIE OAKLEY SB 4231C
348,487 bbl
- KYLE 2600 UNIT 1
314,106 bbl
- ZILANT UNIT A 63-87
360,938 bbl
- GUARDIAN EAST 250 M
351,272 bbl
- FISCHER-ERWIN 10K
357,441 bbl
- KATHLEEN-FLANAGAN 10G
359,078 bbl
- TEMPLE FORK 32-20 Q
303,281 bbl
- KNIGHT 110 MIPA UNIT
333,409 bbl
Leases within 10 km
- AIRFLO 9-4 D
393,126 bbl · 0 km
- MARGIE 9-4 A
398,446 bbl · 0 km
- AIRFLO 9-4 A
367,743 bbl · 0.2 km
- AIRFLO 9-4 E
450,110 bbl · 0.2 km
- AIRFLO 9-4 B
412,210 bbl · 0.2 km
- GIBSON "9"
2,859 bbl · 0.2 km
- GREEMAN-GRISHAM
47 bbl · 0.4 km
- MARGIE 9-4 (ALLOC-1NH)
39,247 bbl · 0.5 km
- MARGIE 9-4 A (ALLOC-1NH)
9,505 bbl · 0.5 km
- AIRFLO 9-4 C
408,262 bbl · 0.6 km
Drilling permits within 10 km
ONDIGO #1
new drill · Deep Blue Operating I LLC · Martin County · 8.2 km
Permit 0917206 · Jul 16, 2026
EPLEY W7H #108H
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Permit 0915459 · Jun 12, 2026
EPLEY W7K #111H
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Permit 0915469 · Jun 12, 2026
EPLEY W7J #110H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Martin County · 3.6 km
Permit 0915463 · Jun 12, 2026
EPLEY W7I #109H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Martin County · 3.6 km
Permit 0915461 · Jun 12, 2026