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Texas oil lease

Producing

NEWSOM

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

1 well

2,204bbl oil, last 12 months−4% vs prior year
RRC lease
08-29260

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
1,729 mcf
Oil in Jul 2026
200 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).

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 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for NEWSOM, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 2,204 bbl in the 12 months through Jul 2026, against 2,296 bbl in the 12 months before.Last 12 months: 2,204 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for NEWSOM, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 2,204 bbl in the 12 months through Jul 2026, against 2,296 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to a transmission line instead of lease fuel

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    63% · 1,125 mcf

  • Transmission line (2)

    37% · 671 mcf

Who has run this lease

The operator changed 2 times, most recently in May 2025

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Dec 2022; De IV Operating, LLC, Jan 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed Jan 2023Changed May 2025Pioneer Natural Res. USA, Inc.Jan 2020 to Dec 2022De IV Operating, LLCJan 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Dec 2022; De IV Operating, LLC, Jan 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed Jan 2023Changed May 2025Pioneer Natural Res. USA, Inc.Jan 2020 to Dec 2022De IV Operating, LLCJan 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on NEWSOM
API numberWell no.Status
42-329-313631Active

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–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Plains Marketing, L.p.OilGathers100Jul 1, 2000Aug 1, 2025

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

82 acres on the newest permit

Permits for Newsom
API numberWell no.Acreson the permit
42-329-31363182

SourceRailroad Commission drilling permits, Sep 26, 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 NEWSOM
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P200186116610$80.46$2.89
Jun 2026Diamondback E&P18318078530$84.81$3.15
May 2026Diamondback E&P205362213580$102.13$2.94
Apr 2026Diamondback E&P202168215650$100.32$2.77
Mar 2026Diamondback E&P202179210550$91.38$3.04
Feb 2026Diamondback E&P194368183430$64.51$3.62
Jan 2026Diamondback E&P2380213580$60.04$7.72
Dec 2025Diamondback E&P257367214590$57.97$4.26
Nov 2025Diamondback E&P224187144590$60.06$3.79
Oct 2025Diamondback E&P99076260$60.89$3.19
Sep 2025Diamondback E&P70000$63.96$2.97
Aug 2025Diamondback E&P19318167670$64.86$2.91
Jul 2025Diamondback E&P21535267670$68.39$3.20
Jun 2025Diamondback E&P21018069690$68.17$3.02
May 2025Diamondback E&P24617873730$62.17$3.12
Apr 2025De IV39335371710$63.54$3.42
Mar 2025De IV8218079790$68.24$4.12
Feb 2025De IV16817257570$71.53$4.19
Jan 2025De IV54015150$75.74$4.13
Dec 2024De IV27336079790$70.12$3.01
Nov 2024De IV106036360$69.95$2.12
Oct 2024De IV24634473730$71.99$2.20
Sep 2024De IV15517361610$70.24$2.28
Aug 2024De IV14817645450$76.68$1.99
Jul 2024De IV18717965650$81.80$2.07
Jun 2024De IV19117467670$79.77$2.54
May 2024De IV24118077770$80.02$2.12
Apr 2024De IV21318076760$85.35$1.60
Mar 2024De IV22135479790$81.28$1.49
Feb 2024De IV63034340$77.25$1.72
Jan 2024De IV16029290$74.15$3.18
Dec 2023De IV16011110$71.90$2.52
Nov 2023De IV19016160$77.69$2.71
Oct 2023De IV9217751510$85.64$2.98
Sep 2023De IV53028280$89.43$2.64
Aug 2023De IV10718159590$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

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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