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Texas oil lease

Producing

MAYO SN 48-37 08

Mayo SN 48-37 08 is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

15,227bbl oil, last 12 months−31% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-50909

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
226,871 mcf
Oil in Jul 2026
1,226 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.

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Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for MAYO SN 48-37 08, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 15,227 bbl in the 12 months through Jul 2026, against 21,937 bbl in the 12 months before.Last 12 months: 15,227 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for MAYO SN 48-37 08, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 15,227 bbl in the 12 months through Jul 2026, against 21,937 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2026 the lease's gas goes to other uses instead of a transmission line

Flaring peaked at 40.1% of the gas in Sep 2025.

  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
Since Jan 2026 the lease's gas goes to other uses instead of a transmission lineShare of MAYO SN 48-37 08 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to other uses instead of a transmission line. Flaring peaked at 40.1% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2026: line to otherFlared 40.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2026 the lease's gas goes to other uses instead of a transmission lineShare of MAYO SN 48-37 08 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to other uses instead of a transmission line. Flaring peaked at 40.1% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Jan 26: line to otherFlared 40.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Other (5 to 8)

    61% · 137,803 mcf

  • Transmission line (2)

    34% · 78,164 mcf

  • Flared (4)

    4.8% · 10,904 mcf

4.8% of the gas flared in the last 12 months. 8 months above 3%.

2 wells on this lease

Wells on MAYO SN 48-37 08
API numberWell no.Status
42-227-39397108HActive
42-227-39401508HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et-S Permian Pipeline Company LlOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers50Jul 5, 2018Feb 1, 2025
Shell Trading (Us) CompanyOilGathers50Aug 1, 2024Feb 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 5, 2018Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 5, 2018Aug 1, 2024

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

Who buys my oilOil price check

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.

  • 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 Mayo SN 48-37 08
API numberWell no.Acreson the permit
42-227-39397108H720
42-227-39401508H720

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 MAYO SN 48-37 08
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,2261,16816,3013,081540$80.46$2.89
Jun 20266747307,0811,6900$84.81$3.15
May 202690387313,2693,434218$102.13$2.94
Apr 20261,1481,12818,7244,5440$100.32$2.77
Mar 20261,2941,31521,8555,2740$91.38$3.04
Feb 20261,0901,24221,93510,6210$64.51$3.62
Jan 20261,2431,03625,89111,1892,535$60.04$7.72
Dec 20251,4961,50620,22410,576495$57.97$4.26
Nov 20251,3791,44016,9117,401569$60.06$3.79
Oct 20251,6391,85026,56510,9760$60.89$3.19
Sep 20251,5551,30116,3422,6776,547$63.96$2.97
Aug 20251,5801,57521,7736,7010$64.86$2.91
Jul 20251,2341,26117,8175,7020$68.39$3.20
Jun 20251,4781,51819,1218,0640$68.17$3.02
May 20251,7741,72122,3208,7860$62.17$3.12
Apr 20251,9271,92417,0436,6160$63.54$3.42
Mar 20251,7911,75023,22310,1640$68.24$4.12
Feb 20259901,08526,9749,1290$71.53$4.19
Jan 20251,8271,71621,96711,176314$75.74$4.13
Dec 20241,8821,90724,8779,8020$70.12$3.01
Nov 20241,8741,85028,78913,626301$69.95$2.12
Oct 20241,9322,02430,94818,2820$71.99$2.20
Sep 20242,3042,32917,47016,2590$70.24$2.28
Aug 20242,9242,94226,19814,1440$76.68$1.99
Jul 20243,3393,40535,79513,6330$81.80$2.07
Jun 20243,5323,48731,59516,3170$79.77$2.54
May 20243,2643,20122,0729,8124,702$80.02$2.12
Apr 20242,9803,05217,55610,7481,050$85.35$1.60
Mar 20243,2913,10821,67110,0970$81.28$1.49
Feb 20242,3852,66312,3605,917188$77.25$1.72
Jan 20242,8092,55815,63110,7210$74.15$3.18
Dec 20233,0113,04017,8646,2104,524$71.90$2.52
Nov 20233,0313,30116,52216,5220$77.69$2.71
Oct 20232,4312,45517,37414,4782,896$85.64$2.98
Sep 20232,2551,95214,83414,8340$89.43$2.64
Aug 20232,9573,07818,80618,8060$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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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyHoward County

Diamondback E&P LLC in Howard County

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Spraberry (Trend Area) field

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