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Texas oil lease

Producing

MARTIN, BETTY

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

5 wells

360bbl oil, last 12 months−73% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-38341

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
3,320 mcf
Oil in Jul 2026
14 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • 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.

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Production by month

Oil output fell 73% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for MARTIN, BETTY, Aug 2023 to Jul 2026. Oil output fell 73% over the last 12 months. 360 bbl in the 12 months through Jul 2026, against 1,334 bbl in the 12 months before.Last 12 months: 360 bblbbl per monthmcf per month00100100200200300300400400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 73% over the last 12 monthsMonthly oil production and gas for MARTIN, BETTY, Aug 2023 to Jul 2026. Oil output fell 73% over the last 12 months. 360 bbl in the 12 months through Jul 2026, against 1,334 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100100200200300300400400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Nov 2024.

  • Processing plant (3)
  • Flared (4)
All of the gas went to flaring in the last 12 monthsShare of MARTIN, BETTY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of MARTIN, BETTY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 21 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on MARTIN, BETTY
API numberWell no.Status
42-317-347051Active
42-317-348082Shut-in
42-317-349043Active
42-317-349654Active
42-317-352525Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Apr 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Jun 1, 2007Apr 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Nov 1, 2017Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Apr 1, 2025

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

Who buys my oilOil price check

645.60 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 644.54 and 645.6 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Martin, Betty
API numberWell no.Acreson the permit
42-317-352525645.60
42-317-349654644.54
42-317-348082644.54
42-317-347051644.54
42-317-349043644.54

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 MARTIN, BETTY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P141711100110$80.46$2.89
Jun 2026Diamondback E&P3402300230$84.81$3.15
May 2026Diamondback E&P2903100310$102.13$2.94
Apr 2026Diamondback E&P3103000300$100.32$2.77
Mar 2026Diamondback E&P3613100310$91.38$3.04
Feb 2026Diamondback E&P4022800280$64.51$3.62
Jan 2026Diamondback E&P221772500250$60.04$7.72
Dec 2025Diamondback E&P3713100310$57.97$4.26
Nov 2025Diamondback E&P3703000300$60.06$3.79
Oct 2025Diamondback E&P3703100310$60.89$3.19
Sep 2025Diamondback E&P2423000300$63.96$2.97
Aug 2025Diamondback E&P1903100310$64.86$2.91
Jul 2025Diamondback E&P601803100310$68.39$3.20
Jun 2025Diamondback E&P303000300$68.17$3.02
May 2025Diamondback E&P503100310$62.17$3.12
Apr 2025Diamondback E&P3913000300$63.54$3.42
Mar 2025Diamondback E&P4103100310$68.24$4.12
Feb 2025Diamondback E&P1191732800280$71.53$4.19
Jan 2025Diamondback E&P1652003100310$75.74$4.13
Dec 2024Endeavor Energy1561713100310$70.12$3.01
Nov 2024Endeavor Energy1751863000300$69.95$2.12
Oct 2024Endeavor Energy178181000$71.99$2.20
Sep 2024Endeavor Energy174193000$70.24$2.28
Aug 2024Endeavor Energy219178000$76.68$1.99
Jul 2024Endeavor Energy217175000$81.80$2.07
Jun 2024Endeavor Energy220164000$79.77$2.54
May 2024Endeavor Energy224341000$80.02$2.12
Apr 2024Endeavor Energy29032714140$85.35$1.60
Mar 2024Endeavor Energy278352000$81.28$1.49
Feb 2024Endeavor Energy28817431310$77.25$1.72
Jan 2024Endeavor Energy190176000$74.15$3.18
Dec 2023Endeavor Energy159168000$71.90$2.52
Nov 2023Endeavor Energy153175000$77.69$2.71
Oct 2023Endeavor Energy117169000$85.64$2.98
Sep 2023Endeavor Energy125167000$89.43$2.64
Aug 2023Endeavor Energy303164000$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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