Texas oil lease
ProducingNE CITY 35-38 UNIT 1
Ne City 35-38 Unit 1 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-61087
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 459,752 mcf
- Oil in Jul 2026
- 11,256 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: PHILLIPS 66 DOS PICOS LLC replaced PINNACLE DOS PICOS LLC as the buyer of this lease's gas from oil wells on Aug 1, 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 54% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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
Flaring peaked at 4.2% of the gas in Sep 2024.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
100% · 458,908 mcf
Flared (4)
0.2% · 844 mcf
0.2% of the gas flared in the last 12 months. One month above 3%.
Who has run this lease
The operator changed once, most recently in Jan 2025
- Diamondback E&P LLC Jan 2025 to now
- Endeavor Energy Resources L.P. Jul 2024 to Dec 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-46507 | 142 | Active |
| 42-329-46508 | 241 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 50 | Aug 1, 2025 | – |
| Enterprise Crude Pipeline LLC | Oil | Gathers | 50 | Aug 1, 2025 | – |
| Phillips 66 Dos Picos LLC | Casinghead gas | Buys | 100 | Aug 1, 2025 | – |
| Phillips 66 Dos Picos LLC | Casinghead gas | Gathers | 100 | Aug 1, 2025 | – |
| Pinnacle Dos Picos LLC | Casinghead gas | Gathers | 100 | Jul 1, 2024 | Aug 1, 2025 |
| Pinnacle Dos Picos LLC | Casinghead gas | Buys | 100 | Jul 1, 2024 | Aug 1, 2025 |
| Enterprise Crude Oil LLC | Oil | Gathers | 20 | Jul 1, 2024 | Aug 1, 2025 |
| Enterprise Crude Pipeline LLC | Oil | Gathers | 80 | Jul 1, 2024 | Aug 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
485.43 acres on the newest permit
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-46507 | 142 | Aug 28, 2023 | Jan 7, 2024 | 485.43 |
| 42-329-46508 | 241 | Aug 28, 2023 | Jan 18, 2024 | 485.43 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
25 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 11,256 | 11,150 | 27,410 | 27,409 | 1 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 4,731 | 4,733 | 16,795 | 16,692 | 103 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 10,065 | 10,098 | 43,846 | 43,828 | 18 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 10,529 | 10,534 | 49,665 | 49,534 | 131 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 12,254 | 12,222 | 59,725 | 59,722 | 3 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 10,891 | 10,954 | 34,269 | 34,222 | 47 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 10,779 | 10,698 | 33,656 | 33,115 | 541 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 13,893 | 13,915 | 51,842 | 51,842 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 14,812 | 14,812 | 45,734 | 45,734 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 16,492 | 16,478 | 39,273 | 39,273 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 14,644 | 14,660 | 28,507 | 28,507 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 14,208 | 14,197 | 29,030 | 29,030 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 16,536 | 16,543 | 33,871 | 33,871 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 17,865 | 17,832 | 35,861 | 35,846 | 15 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 20,088 | 20,077 | 40,214 | 39,963 | 251 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 21,549 | 21,584 | 38,380 | 38,085 | 295 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 25,092 | 25,092 | 46,555 | 45,947 | 608 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 23,759 | 23,781 | 33,376 | 33,360 | 16 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 28,266 | 28,270 | 33,603 | 33,595 | 8 | $75.74 | $4.13 |
| Dec 2024Endeavor Energy | 30,244 | 30,182 | 28,535 | 28,529 | 6 | $70.12 | $3.01 |
| Nov 2024Endeavor Energy | 31,323 | 31,334 | 22,736 | 22,688 | 48 | $69.95 | $2.12 |
| Oct 2024Endeavor Energy | 32,465 | 32,453 | 20,073 | 20,014 | 59 | $71.99 | $2.20 |
| Sep 2024Endeavor Energy | 33,067 | 33,077 | 19,943 | 19,102 | 841 | $70.24 | $2.28 |
| Aug 2024Endeavor Energy | 35,341 | 35,327 | 26,998 | 26,986 | 12 | $76.68 | $1.99 |
| Jul 2024Endeavor Energy | 26,676 | 26,643 | 24,621 | 24,490 | 131 | $81.80 | $2.07 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Midland County
- RIO NUECES 37-44 UNIT 2
123,005 bbl
- HALL-PORTER 621-596 UNIT 1
110,186 bbl
- OVERLORD 21-56 E
152,451 bbl
- TRAILAND B UNIT
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- ST NW
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Spraberry (Trend Area) field
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138,855 bbl
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142,847 bbl
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154,710 bbl
- HEARTSBANE 38-47 A
156,534 bbl
- BLACK CAIMAN 21-24 B
155,762 bbl
- DWIGHT-SHULL 25H
155,752 bbl
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