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Texas oil lease

Producing

OPEN RANGE 28-29 B

Open Range 28-29 B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

94,383bbl oil, last 12 months−55% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59459

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
406,831 mcf
Oil in Jul 2026
5,489 bbl

Production by month

Oil output fell 55% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for OPEN RANGE 28-29 B, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 94,383 bbl in the 12 months through Jul 2026, against 210,830 bbl in the 12 months before.Last 12 months: 94,383 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for OPEN RANGE 28-29 B, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 94,383 bbl in the 12 months through Jul 2026, against 210,830 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

Flaring peaked at 15.5% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a transmission line in the last 12 monthsShare of OPEN RANGE 28-29 B gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 15.5% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of OPEN RANGE 28-29 B gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 15.5% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 15.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 379,144 mcf

  • Lease fuel (1)

    6.3% · 25,572 mcf

  • Flared (4)

    0.5% · 2,115 mcf

0.5% of the gas flared in the last 12 months. 5 months above 3%.

2 wells on this lease

Wells on OPEN RANGE 28-29 B
API numberWell no.Status
42-317-450472JMActive
42-317-4504811WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et-S Permian Pipeline Company LlOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Brazos Midstream Operating, LLCCasinghead gasGathers100Feb 1, 2025–
Energy Transfer CompanyCasinghead gasBuys60Feb 1, 2025Mar 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys40Feb 1, 2025Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Brazos Midstream Operating, LLCCasinghead gasGathers50Aug 1, 2024Feb 1, 2025
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2024Feb 1, 2025
Brazos Midstream Operating, LLCCasinghead gasBuys50Aug 1, 2024Feb 1, 2025

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

Who buys my oilOil price check

653.06 acres on the newest permit

An allocation well is on this lease

Permits for Open Range 28-29 B
API numberWell no.Acreson the permit
42-317-450472JM653.06
42-317-4504811WA653.06

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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 OPEN RANGE 28-29 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,4895,49733,49431,7110$80.46$2.89
Jun 20265,1555,14929,01727,3220$84.81$3.15
May 20265,5455,55331,35129,56210$102.13$2.94
Apr 20267,3647,35836,28334,16427$100.32$2.77
Mar 20267,2297,22933,66831,5768$91.38$3.04
Feb 20266,1396,15925,04522,990250$64.51$3.62
Jan 20268,2238,22928,27824,9571,589$60.04$7.72
Dec 20259,0359,03733,36131,24069$57.97$4.26
Nov 20258,7848,78342,14939,846134$60.06$3.79
Oct 202512,10412,12344,80141,61721$60.89$3.19
Sep 202510,61810,58534,82332,3170$63.96$2.97
Aug 20258,6988,70234,56131,8427$64.86$2.91
Jul 202510,14010,13238,39435,18641$68.39$3.20
Jun 202510,51210,54635,84132,64036$68.17$3.02
May 202511,83511,83558,82654,74725$62.17$3.12
Apr 202513,64513,67873,09568,93156$63.54$3.42
Mar 202513,53213,46770,99766,469321$68.24$4.12
Feb 202512,83612,85452,44550,487193$71.53$4.19
Jan 202521,05521,06264,07161,277334$75.74$4.13
Dec 202420,33820,34261,73159,020154$70.12$3.01
Nov 202418,33118,33057,21655,08899$69.95$2.12
Oct 202425,49525,49679,88677,222110$71.99$2.20
Sep 202425,22125,22769,72367,391183$70.24$2.28
Aug 202427,89027,89175,53373,21825$76.68$1.99
Jul 202432,42632,41684,70181,996175$81.80$2.07
Jun 202434,81134,80776,43273,626289$79.77$2.54
May 202441,13241,13179,92876,725414$80.02$2.12
Apr 202443,94343,95778,35975,141208$85.35$1.60
Mar 202451,91551,92588,64684,701397$81.28$1.49
Feb 202460,75260,73885,17880,785928$77.25$1.72
Jan 202470,04570,09972,25957,74011,196$74.15$3.18
Dec 202377,65177,60373,74760,2729,957$71.90$2.52
Nov 202359,83559,82549,15544,0563,083$77.69$2.71
Oct 202325,93125,87115,56513,4771,615$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202300000$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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