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Texas oil lease

Producing

PAGE ROYALTY STATE 31-32 B

Page Royalty State 31-32 B is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

9,929bbl oil, last 12 months−43% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-52991

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
28,223 mcf
Oil in Jul 2026
1,356 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 PAGE ROYALTY STATE 31-32 B, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 9,929 bbl in the 12 months through Jul 2026, against 17,429 bbl in the 12 months before.Last 12 months: 9,929 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for PAGE ROYALTY STATE 31-32 B, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 9,929 bbl in the 12 months through Jul 2026, against 17,429 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 9.4% of the gas in Jul 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of PAGE ROYALTY STATE 31-32 B gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 9.4% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of PAGE ROYALTY STATE 31-32 B gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 9.4% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 9.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 29,444 mcf

  • Lease fuel (1)

    3.7% · 1,137 mcf

  • Flared (4)

    1.2% · 381 mcf

1.2% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on PAGE ROYALTY STATE 31-32 B
API numberWell no.Status
42-371-398112SBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Feb 26, 2019–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Feb 26, 2019–
Brazos Midstream Operating, LLCCasinghead gasGathers100Feb 26, 2019–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Nov 23, 2020Jan 1, 2023
Pilot Travel Centers LLCOilGathers50Feb 26, 2019Nov 23, 2020

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

Who buys my oilOil price check

1,294.81 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Page Royalty State 31-32 B
API numberWell no.Acreson the permit
42-371-398112SB1,294.81

SourceRailroad Commission drilling permits, Oct 3, 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 PAGE ROYALTY STATE 31-32 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3561,3442,7562,399258$80.46$2.89
Jun 20261,3781,3883,3303,2093$84.81$3.15
May 20261,4761,4421,9721,86927$102.13$2.94
Apr 2026010000$100.32$2.77
Mar 20267658401,2981,2468$91.38$3.04
Feb 20261,7201,6414,3274,16320$64.51$3.62
Jan 20268078103,7353,59610$60.04$7.72
Dec 20254774742,5642,44832$57.97$4.26
Nov 20253173142,4382,3540$60.06$3.79
Oct 20253783861,0471,0110$60.89$3.19
Sep 20254624611,8901,78923$63.96$2.97
Aug 20257937962,8662,7400$64.86$2.91
Jul 20259911,0082,7392,6200$68.39$3.20
Jun 20251,3881,3633,0892,9590$68.17$3.02
May 20252412524864660$62.17$3.12
Apr 20256786861,2871,2340$63.54$3.42
Mar 20251,4021,4132,6152,5160$68.24$4.12
Feb 20251,5051,4972,9392,8380$71.53$4.19
Jan 20251,8241,8183,4053,25938$75.74$4.13
Dec 20242,1462,1573,3033,1980$70.12$3.01
Nov 20242,0812,0823,5793,4730$69.95$2.12
Oct 20241,9671,9763,6593,5630$71.99$2.20
Sep 20242,4102,3813,8453,72024$70.24$2.28
Aug 20247968061,6701,6301$76.68$1.99
Jul 20242,0692,0562,6392,5850$81.80$2.07
Jun 20241,0391,0351,6801,6412$79.77$2.54
May 20248948951,9731,9278$80.02$2.12
Apr 20241,0241,0222,2642,20512$85.35$1.60
Mar 20244634671,1421,1155$81.28$1.49
Feb 20247987991,6901,6620$77.25$1.72
Jan 20241,1801,1762,2082,11360$74.15$3.18
Dec 20235845781,0821,0642$71.90$2.52
Nov 202344455265099$77.69$2.71
Oct 202314417486878373$85.64$2.98
Sep 20233004542,3011,594215$89.43$2.64
Aug 20238967983,1272,4930$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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This lease belongs to

OperatorDiamondback E&P LLCFieldHoefs T-K (Wolfcamp)CountyPecos County

Diamondback E&P LLC in Pecos County

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Hoefs T-K (Wolfcamp) field

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