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Texas oil lease

Producing

MCRAE FARM

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

2 wells

1,415bbl oil, last 12 months+9% vs prior year
Operator
Diamondback E&P LLC
County
Ector County
Field
Spraberry (Trend Area)
RRC lease
08-40900

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
893 mcf
Oil in Jul 2026
185 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from De IV Operating, LLC in May 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced ENLINK GAS MARKETING, LP 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 rose 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for MCRAE FARM, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 1,415 bbl in the 12 months through Jul 2026, against 1,304 bbl in the 12 months before.Last 12 months: 1,415 bblbbl per monthmcf per month00100100200200300300400400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for MCRAE FARM, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 1,415 bbl in the 12 months through Jul 2026, against 1,304 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

Since May 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MCRAE FARM gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MCRAE FARM gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%May 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    54% · 1,207 mcf

  • Processing plant (3)

    46% · 1,022 mcf

  • Lease fuel (1)

    0.6% · 14 mcf

Who has run this lease

The operator changed 3 times, most recently in May 2025

Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Feb 2023; De IV Operating, LLC, Mar 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed Apr 2021Changed Mar 2023Changed May 2025Independence Resources Mgmt,…Jan 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Feb 2023De IV Operating, LLCMar 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now
Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Feb 2023; De IV Operating, LLC, Mar 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed Apr 2021Changed Mar 2023Changed May 2025Independence Resources Mgmt, LLCJan 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Feb 2023De IV Operating, LLCMar 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MCRAE FARM
API numberWell no.Status
42-135-403292Active
42-135-410811Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Mar 1, 2021–
Troubadour Shipping & LogisticsOilGathers100Apr 1, 2026Sep 1, 2026
Enlink Gas Marketing, LPCasinghead gasBuys100Mar 1, 2021Apr 1, 2026
Midcon Gathering LLCOilGathers100Aug 1, 2025Apr 1, 2026
Buckhead Midstream, LLCOilGathers50Oct 1, 2022Aug 1, 2025
Plains Marketing, L.p.OilGathers50Oct 1, 2022Aug 1, 2025
Dorado Oil CompanyOilGathers100Mar 1, 2021Oct 1, 2022

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

Who buys my oilOil price check

167 acres on the newest permit

The wells on this lease state different acreage

The permits state between 80 and 167 acres.

Permits for McRae Farm
API numberWell no.Acreson the permit
42-135-410811167
42-135-40329280

SourceRailroad Commission drilling permits, Sep 26, 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 MCRAE FARM
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1851881131130$80.46$2.89
Jun 2026Diamondback E&P2023381441300$84.81$3.15
May 2026Diamondback E&P8401781780$102.13$2.94
Apr 2026Diamondback E&P7701491490$100.32$2.77
Mar 2026Diamondback E&P1701593003000$91.38$3.04
Feb 2026Diamondback E&P151187990$64.51$3.62
Jan 2026Diamondback E&P108191000$60.04$7.72
Dec 2025Diamondback E&P297375000$57.97$4.26
Nov 2025Diamondback E&P810000$60.06$3.79
Oct 2025Diamondback E&P00000$60.89$3.19
Sep 2025Diamondback E&P280000$63.96$2.97
Aug 2025Diamondback E&P320000$64.86$2.91
Jul 2025Diamondback E&P70000$68.39$3.20
Jun 2025Diamondback E&P45030300$68.17$3.02
May 2025Diamondback E&P1011742982980$62.17$3.12
Apr 2025De IV1121761931930$63.54$3.42
Mar 2025De IV1381772122120$68.24$4.12
Feb 2025De IV1250000$71.53$4.19
Jan 2025De IV162179000$75.74$4.13
Dec 2024De IV1701813353350$70.12$3.01
Nov 2024De IV2091772822820$69.95$2.12
Oct 2024De IV4001281280$71.99$2.20
Sep 2024De IV145184000$70.24$2.28
Aug 2024De IV500000$76.68$1.99
Jul 2024De IV141182000$81.80$2.07
Jun 2024De IV53181000$79.77$2.54
May 2024De IV1170000$80.02$2.12
Apr 2024De IV73182000$85.35$1.60
Mar 2024De IV20025250$81.28$1.49
Feb 2024De IV360000$77.25$1.72
Jan 2024De IV5501881880$74.15$3.18
Dec 2023De IV1171802632630$71.90$2.52
Nov 2023De IV1321883843840$77.69$2.71
Oct 2023De IV900000$85.64$2.98
Sep 2023De IV98183000$89.43$2.64
Aug 2023De IV114181000$81.39$2.58

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)CountyEctor County

Diamondback E&P LLC in Ector County

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Spraberry (Trend Area) field

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