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MERCHANT ESTATE -17-

Merchant Estate -17- is an oil lease in Reagan County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

7 wells

384bbl oil, last 12 months−51% vs prior year
RRC lease
7C-04673

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
9,008 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

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

  • Sales

    No sales reported for the last 7 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for MERCHANT ESTATE -17-, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 384 bbl in the 12 months through Jul 2026, against 780 bbl in the 12 months before.Last 12 months: 384 bblbbl per monthmcf per month0025500501,000751,5001002,0001252,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for MERCHANT ESTATE -17-, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 384 bbl in the 12 months through Jul 2026, against 780 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025500501,000751,5001002,0001252,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of MERCHANT ESTATE -17- gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 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%Nov 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of MERCHANT ESTATE -17- gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

7 wells on this lease

Wells on MERCHANT ESTATE -17-
API numberWell no.Status
42-383-103401Active
42-383-108513Active
42-383-109704Active
42-383-312625Active
42-383-312636Active
42-383-312647Active
42-383-312658Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Apr 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Apr 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Apr 1, 2025
Plains Marketing, L.p.OilGathers100Jul 1, 2000Apr 1, 2025

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

640 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Merchant Estate -17-
API numberWell no.Acreson the permit
42-383-312625640
42-383-312636640
42-383-312647640
42-383-312658640
42-383-103401–
42-383-106212–
42-383-108513–
42-383-109704–

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

36 months, newest first

Ledger for MERCHANT ESTATE -17-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P00000$80.46$2.89
Jun 2026Diamondback E&P00000$84.81$3.15
May 2026Diamondback E&P00000$102.13$2.94
Apr 2026Diamondback E&P00000$100.32$2.77
Mar 2026Diamondback E&P00000$91.38$3.04
Feb 2026Diamondback E&P006246240$64.51$3.62
Jan 2026Diamondback E&P006696690$60.04$7.72
Dec 2025Diamondback E&P121688968960$57.97$4.26
Nov 2025Diamondback E&P8901,5511,5510$60.06$3.79
Oct 2025Diamondback E&P981811,7871,7870$60.89$3.19
Sep 2025Diamondback E&P8901,7921,7920$63.96$2.97
Aug 2025Diamondback E&P961811,6891,6890$64.86$2.91
Jul 2025Diamondback E&P7401,6731,6730$68.39$3.20
Jun 2025Diamondback E&P6101,6341,6340$68.17$3.02
May 2025Diamondback E&P471751,7111,7110$62.17$3.12
Apr 2025Diamondback E&P5301,6731,6730$63.54$3.42
Mar 2025Diamondback E&P4501,5471,5470$68.24$4.12
Feb 2025Diamondback E&P571861,6481,6480$71.53$4.19
Jan 2025Diamondback E&P8201,5521,5520$75.74$4.13
Dec 2024Endeavor Energy6201,7841,7840$70.12$3.01
Nov 2024Endeavor Energy761861,7581,7580$69.95$2.12
Oct 2024Endeavor Energy8401,9341,9340$71.99$2.20
Sep 2024Endeavor Energy6901,8061,8060$70.24$2.28
Aug 2024Endeavor Energy701781,7321,7320$76.68$1.99
Jul 2024Endeavor Energy8701,9281,9280$81.80$2.07
Jun 2024Endeavor Energy151821,8791,8790$79.77$2.54
May 2024Endeavor Energy11701,6571,6570$80.02$2.12
Apr 2024Endeavor Energy751811,5251,5250$85.35$1.60
Mar 2024Endeavor Energy7201,5671,5670$81.28$1.49
Feb 2024Endeavor Energy891671,3421,3420$77.25$1.72
Jan 2024Endeavor Energy8201,3121,3120$74.15$3.18
Dec 2023Endeavor Energy891691,2631,2630$71.90$2.52
Nov 2023Endeavor Energy7607487480$77.69$2.71
Oct 2023Endeavor Energy4907237230$85.64$2.98
Sep 2023Endeavor Energy761751,3481,3480$89.43$2.64
Aug 2023Endeavor Energy6401,8941,8940$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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