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OATES 10N-2

Oates 10N-2 is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

258bbl oil, last 12 months−97% vs prior year
RRC lease
08-48228

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
240 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 97% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for OATES 10N-2, Aug 2023 to Jul 2026. Oil output fell 97% over the last 12 months. 258 bbl in the 12 months through Jul 2026, against 8,876 bbl in the 12 months before.Last 12 months: 258 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for OATES 10N-2, Aug 2023 to Jul 2026. Oil output fell 97% over the last 12 months. 258 bbl in the 12 months through Jul 2026, against 8,876 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to lease fuel instead of a transmission line

Flaring peaked at 20.8% of the gas in Jul 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of OATES 10N-2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 20.8% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: line to fuelFlared 20.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of OATES 10N-2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 20.8% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Feb 25: line to fuelFlared 20.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    76% · 10,236 mcf

  • Lease fuel (1)

    24% · 3,162 mcf

1 well on this lease

Wells on OATES 10N-2
API numberWell no.Status
42-371-393451HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Sep 1, 2018–
Eastex Crude CompanyOilGathers25Feb 1, 2023–
Explore Logistics LLCOilGathers25Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Sep 1, 2018–
Brazos Midstream Operating, LLCCasinghead gasGathers100Sep 1, 2018–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers25Dec 1, 2022Jan 1, 2023
Explore Logistics LLCOilGathers25Dec 1, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers50May 1, 2020Dec 1, 2022
Pilot Travel Centers LLCOilGathers50Aug 29, 2019May 1, 2020
Shell Trading (Us) CompanyOilGathers50Sep 1, 2018Aug 29, 2019

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

906.56 acres on the newest permit

Permits for Oates 10N-2
API numberWell no.Acreson the permit
42-371-393451H906.56

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 OATES 10N-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 20260110000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 2025258362240900$64.86$2.91
Jul 202557157130210$68.39$3.20
Jun 202567455928600$68.17$3.02
May 202562572830500$62.17$3.12
Apr 202541235722500$63.54$3.42
Mar 2025287545193630$68.24$4.12
Feb 2025526366357820$71.53$4.19
Jan 20254865512,5072,1970$75.74$4.13
Dec 20241,0151,5343,8473,5370$70.12$3.01
Nov 20241,0551,2663,3073,0070$69.95$2.12
Oct 20241,0487331,5291,2590$71.99$2.20
Sep 20241,08993930000$70.24$2.28
Aug 20241,08890129300$76.68$1.99
Jul 20241,1331,285389081$81.80$2.07
Jun 20241,2351,103346860$79.77$2.54
May 20241,2101,45793630$80.02$2.12
Apr 20241,2881,116000$85.35$1.60
Mar 20241,3761,448000$81.28$1.49
Feb 20241,3311,4994800$77.25$1.72
Jan 20241,2141,2788500$74.15$3.18
Dec 20231,4381,1237700$71.90$2.52
Nov 20231,7921,6642000$77.69$2.71
Oct 20234235368800$85.64$2.98
Sep 20238368467500$89.43$2.64
Aug 20231,0571,1957300$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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