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Texas oil lease

Producing

OPEN RANGE 28-29 I

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

1 well

31,681bbl oil, last 12 months−43% vs prior year
RRC lease
08-59636

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
314,023 mcf
Oil in Jul 2026
2,069 bbl

Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for OPEN RANGE 28-29 I, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 31,681 bbl in the 12 months through Jul 2026, against 55,462 bbl in the 12 months before.Last 12 months: 31,681 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for OPEN RANGE 28-29 I, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 31,681 bbl in the 12 months through Jul 2026, against 55,462 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the last 12 months

Flaring peaked at 15.8% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the last 12 monthsShare of OPEN RANGE 28-29 I gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 15.8% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of OPEN RANGE 28-29 I gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 15.8% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 15.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 302,536 mcf

  • Lease fuel (1)

    3.0% · 9,558 mcf

  • Flared (4)

    0.6% · 1,929 mcf

0.6% of the gas flared in the last 12 months. 5 months above 3%.

1 well on this lease

Wells on OPEN RANGE 28-29 I
API numberWell no.Status
42-317-4505920WBActive

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).

635.32 acres on the newest permit

An allocation well is on this lease

Permits for Open Range 28-29 I
API numberWell no.Acreson the permit
42-317-4505920WB635.32

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 OPEN RANGE 28-29 I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,0692,07528,07927,5640$80.46$2.89
Jun 20262,5532,54824,48623,9840$84.81$3.15
May 20262,3022,30323,19122,6877$102.13$2.94
Apr 20262,3272,32526,47425,80020$100.32$2.77
Mar 20262,2772,27826,50825,8257$91.38$3.04
Feb 20262,2822,28822,78321,963239$64.51$3.62
Jan 20262,7132,71625,59823,4191,491$60.04$7.72
Dec 20253,3073,30429,39928,70363$57.97$4.26
Nov 20252,4782,47725,36424,37982$60.06$3.79
Oct 20253,2763,28128,15826,74314$60.89$3.19
Sep 20252,7632,75826,42725,2020$63.96$2.97
Aug 20253,3343,33427,55626,2676$64.86$2.91
Jul 20253,4283,42428,08326,69631$68.39$3.20
Jun 20253,0963,10727,85526,44229$68.17$3.02
May 20253,6853,68428,41126,84712$62.17$3.12
Apr 20254,0214,03227,94925,92021$63.54$3.42
Mar 20254,1994,18231,89229,002140$68.24$4.12
Feb 20255,1835,17721,62618,54671$71.53$4.19
Jan 20252,8932,9049,9688,95649$75.74$4.13
Dec 20246,3466,34427,16925,97668$70.12$3.01
Nov 20244,7764,77329,51128,41351$69.95$2.12
Oct 20245,5715,57228,74427,78540$71.99$2.20
Sep 20245,8455,84733,75532,62689$70.24$2.28
Aug 20246,4196,41935,08634,01111$76.68$1.99
Jul 20247,3527,34830,35629,38663$81.80$2.07
Jun 20247,3407,34033,82432,580128$79.77$2.54
May 20249,3149,31637,62236,106196$80.02$2.12
Apr 202411,57611,58040,74239,058109$85.35$1.60
Mar 202413,83513,83844,31542,330200$81.28$1.49
Feb 202416,04116,04144,63542,286496$77.25$1.72
Jan 202422,87022,88350,11539,8627,907$74.15$3.18
Dec 202322,50822,52729,62824,1314,062$71.90$2.52
Nov 202345,05345,02043,33838,8012,743$77.69$2.71
Oct 20238,4698,4496,3695,515661$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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Nearby

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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