Texas oil lease · RRC district 08 · Lease 16486
ProducingOLDHAM, IDA MAE, -B-
Oldham, Ida Mae, -B- is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 1,935 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 7 wells
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-16486
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Where it sits
This county
- Gas, last 12 months
- 2,101 mcf
- Oil in Jul 2026
- 143 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 7
Production
Month by month, from the state record
Oil output fell 21% over the last 12 months
1,935 bbl in the 12 months through Jul 2026, against 2,434 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 16486, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel
Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 16486, district 08. Reported through Jul 2026.
Processing plant (3)
Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
Lease fuel (1)
Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
The operator changed 2 times, most recently in May 2025
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Diamondback E&P LLC May 2025 to now
- De IV Operating, LLC Dec 2022 to Apr 2025
- Diamondback E&P LLC Jan 2020 to Nov 2022
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
7 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-329-00792 | 1 | Shut-in | – |
| 42-329-31372 | 7 | Active | – |
| 42-329-31411 | 3 | Shut-in | – |
| 42-329-34142 | 5 | Active | – |
| 42-329-34154 | 6 | Active | – |
| 42-329-36032 | 9 | Active | – |
| 42-329-36033 | 8 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 16486.
Who buys and gathers
Who moves and buys this lease's production
Oil
Enterprise Crude Oil LLC gathers it.
100% of it, on the list since Sep 1, 2026
Gas from oil wells
Targa Pl Mid-Cont Westtex LLC buys and gathers it.
Targa Pl Mid-Cont Westtex LLC buys it: 100% of it, on the list since Dec 1, 2021 · Targa Pl Mid-Cont Westtex LLC gathers it: 100% of it, on the list since Dec 1, 2021
Companies that used to be listed: Midcon Gathering LLC (gathers it, until Sep 1, 2026); Lpc Crude Iii, LLC (gathers it, until Aug 1, 2025); Targa Pipeline Mid-Continent LLC (gathers it, until Dec 1, 2021); Targa Pipeline Mid-Continent LLC (buys it, until Dec 1, 2021); Eastex Crude Company (gathers it, until Dec 1, 2021); Shell Trading (Us) Company (gathers it, until Dec 1, 2021).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
320 acres on the newest permit
- Wells on the permits
- 82 not plugged
- Horizontal
- 0
- First completion
- Dec 23, 1961
- Latest permit
- Sep 3, 2008
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-36032 | 9 | Sep 3, 2008 | Feb 28, 2009 | 320 |
| 42-329-36033 | 8 | Sep 3, 2008 | Feb 17, 2009 | 320 |
| 42-329-31372 | 7 | Feb 1, 2002 | Nov 16, 2000 | 320 |
| 42-329-34142 | 5 | Jan 25, 1999 | Aug 17, 1999 | 320 |
| 42-329-34154 | 6 | Jan 25, 1999 | Aug 7, 1999 | 320 |
| 42-329-31411 | 3 | Mar 9, 1993 | Dec 20, 1984 | 329.20 |
| 42-329-00792 | 1 | – | Apr 12, 1967 | – |
| 42-329-00799 | 2 | – | Dec 23, 1961 | – |
What the operator reported
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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says OLDHAM, IDA MAE, -B- sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 143 | 179 | 118 | 118 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 121 | 168 | 98 | 98 | 0 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 136 | 0 | 101 | 101 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 150 | 178 | 110 | 110 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 102 | 179 | 88 | 88 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 139 | 190 | 102 | 102 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 112 | 0 | 64 | 64 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 125 | 181 | 171 | 79 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 227 | 183 | 300 | 180 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 233 | 180 | 327 | 203 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 216 | 366 | 298 | 178 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 231 | 183 | 324 | 200 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 220 | 187 | 310 | 186 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 137 | 176 | 234 | 114 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 281 | 218 | 386 | 262 | 0 | $62.17 | $3.12 |
| Apr 2025De IV | 335 | 362 | 240 | 240 | 0 | $63.54 | $3.42 |
| Mar 2025De IV | 202 | 171 | 33 | 33 | 0 | $68.24 | $4.12 |
| Feb 2025De IV | 140 | 165 | 9 | 9 | 0 | $71.53 | $4.19 |
| Jan 2025De IV | 75 | 175 | 62 | 62 | 0 | $75.74 | $4.13 |
| Dec 2024De IV | 397 | 336 | 284 | 284 | 0 | $70.12 | $3.01 |
| Nov 2024De IV | 300 | 348 | 194 | 194 | 0 | $69.95 | $2.12 |
| Oct 2024De IV | 82 | 0 | 99 | 99 | 0 | $71.99 | $2.20 |
| Sep 2024De IV | 33 | 165 | 26 | 26 | 0 | $70.24 | $2.28 |
| Aug 2024De IV | 232 | 184 | 177 | 177 | 0 | $76.68 | $1.99 |
| Jul 2024De IV | 260 | 369 | 87 | 87 | 0 | $81.80 | $2.07 |
| Jun 2024De IV | 269 | 180 | 296 | 296 | 0 | $79.77 | $2.54 |
| May 2024De IV | 230 | 185 | 245 | 245 | 0 | $80.02 | $2.12 |
| Apr 2024De IV | 209 | 333 | 192 | 192 | 0 | $85.35 | $1.60 |
| Mar 2024De IV | 274 | 534 | 292 | 292 | 0 | $81.28 | $1.49 |
| Feb 2024De IV | 236 | 344 | 253 | 253 | 0 | $77.25 | $1.72 |
| Jan 2024De IV | 223 | 176 | 249 | 249 | 0 | $74.15 | $3.18 |
| Dec 2023De IV | 425 | 0 | 278 | 278 | 0 | $71.90 | $2.52 |
| Nov 2023De IV | 109 | 342 | 231 | 231 | 0 | $77.69 | $2.71 |
| Oct 2023De IV | 210 | 174 | 241 | 241 | 0 | $85.64 | $2.98 |
| Sep 2023De IV | 208 | 0 | 192 | 192 | 0 | $89.43 | $2.64 |
| Aug 2023De IV | 265 | 363 | 264 | 264 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for OLDHAM, IDA MAE, -B-. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Diamondback E&P LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Diamondback E&P LLC in Midland County
- TEX-HARVEY SPRABERRY
1,813,636 bbl last 12 months
- STONE COLD 11-2 UNIT 2
1,697,853 bbl last 12 months
- RIO CONCHO 35-46 UNIT 2
817,978 bbl last 12 months
- LELA 18-6 E
793,872 bbl last 12 months
- RIO SAN JACINTO 38-43 UNIT 1
656,510 bbl last 12 months
Spraberry (Trend Area) field
- FEE 'BP'
4,094,243 bbl last 12 months
- YELLOW BELLY
3,313,031 bbl last 12 months
- SOUTH CURTIS RANCH
2,812,875 bbl last 12 months
- FEE "BM"
3,039,124 bbl last 12 months
- SILVER BULLET
2,685,879 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- LB EPLEY NS 39-46 07
61,081 bbl last 12 months · 0.4 km away
- EPLEY, L. B.
0 bbl last 12 months · 0.4 km away
- LB EPLEY NS 39-46 08
19,148 bbl last 12 months · 0.6 km away
- LB EPLEY 34-46 D
62,034 bbl last 12 months · 0.8 km away
- LB EPLEY 34-46 C
42,067 bbl last 12 months · 0.8 km away
Drilling permits within 10 km
RUTTER 1-12 J #5WB
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.6 km away
Permit 0917797 · Sep 10, 2026
RUTTER 1-12 L #5WA
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.6 km away
Permit 0917803 · Sep 10, 2026
RUTTER 1-12 K #4WD
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.6 km away
Permit 0917800 · Sep 10, 2026
RUTTER 1-12 L #5JM
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.6 km away
Permit 0917802 · Sep 10, 2026
RUTTER 1-12 J #5LS
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.6 km away
Permit 0917796 · Sep 10, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 16486, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.