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Texas oil lease

Producing

MARGIE 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

337,549bbl oil, last 12 months
RRC lease
08-63275

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin 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.

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Production by month

Oil output since Feb 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output since Feb 2025Monthly oil production and gas for MARGIE 9-4 B, Feb 2025 to Jul 2026. Oil output since Feb 2025. Monthly average of 11,787 bbl in the latest 3 months, against 0 bbl in the first 3.Last 12 months: 337,549 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100kApr 25JulOctJan 26AprJul
Oil output since Feb 2025Monthly oil production and gas for MARGIE 9-4 B, Feb 2025 to Jul 2026. Oil output since Feb 2025. Monthly average of 11,787 bbl in the latest 3 months, against 0 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100kJul 25Jan 26Jul

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)
95% of the gas went to a transmission line in the last 12 monthsShare of MARGIE 9-4 B gas by disposition code each month, Feb 2025 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.1%Apr 25JulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of MARGIE 9-4 B gas by disposition code each month, Feb 2025 to Jul 2026. 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.Share of gas by disposition code0%50%100%Flared 8.1%Jul 25Jan 26Jul

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

Wells on MARGIE 9-4 B
API numberWell no.Status
42-317-464622LSActive
42-317-464634WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Energy Transfer CompanyCasinghead gasGathers50Nov 1, 2025Apr 1, 2026
Enlink Midstream Services, LLCCasinghead gasGathers50Nov 1, 2025Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys50Nov 1, 2025Apr 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys50Nov 1, 2025Apr 1, 2026
Dk Trading & Supply, LLCOilGathers90Nov 1, 2025Apr 1, 2026
Midcon Gathering LLCOilGathers10Nov 1, 2025Apr 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.

Check your decimal on this lease
Permits for Margie 9-4 B
API numberWell no.Acreson the permit
42-317-464622LS720
42-317-464634WB720

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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

18 months, newest first

Ledger for MARGIE 9-4 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,23311,23158,33856,075226$80.46$2.89
Jun 202611,23911,23360,90758,9340$84.81$3.15
May 202612,89012,88262,68760,159457$102.13$2.94
Apr 202613,41813,44660,89058,9400$100.32$2.77
Mar 202614,93114,95065,85963,84087$91.38$3.04
Feb 202616,72716,71451,01647,5951,977$64.51$3.62
Jan 202621,50021,47255,14152,1571,738$60.04$7.72
Dec 202530,62730,62971,81169,46449$57.97$4.26
Nov 202541,30341,35489,27181,8944,805$60.06$3.79
Oct 202559,23859,21988,95084,9171,580$60.89$3.19
Sep 202566,83466,83882,50778,0431,776$63.96$2.97
Aug 202537,60937,48642,42936,8213,426$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500000$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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