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Texas oil lease

Producing

PALOMINO

Palomino is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

489bbl oil, last 12 months−41% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-42015

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
409 mcf
Oil in Jul 2026
28 bbl

Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for PALOMINO, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 489 bbl in the 12 months through Jul 2026, against 829 bbl in the 12 months before.Last 12 months: 489 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for PALOMINO, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 489 bbl in the 12 months through Jul 2026, against 829 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 17.7% of the gas in Jun 2024.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of PALOMINO gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.7% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of PALOMINO gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 17.7% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 17.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 400 mcf

  • Flared (4)

    2.2% · 9 mcf

2.2% of the gas flared in the last 12 months. 4 months above 3%.

1 well on this lease

Wells on PALOMINO
API numberWell no.Status
42-317-368541Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Jul 1, 2021Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Jul 1, 2021Apr 1, 2026
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Apr 1, 2026
Explore Logistics LLCOilGathers25Jul 1, 2021Apr 1, 2026
Oryx Midland Oil Gathering LLCOilGathers50May 1, 2021Apr 1, 2026
Eastex Crude CompanyOilGathers25Jul 1, 2021Jan 1, 2023

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

Who buys my oilOil price check

177.12 acres on the newest permit

Permits for Palomino
API numberWell no.Acreson the permit
42-317-368541177.12

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 PALOMINO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026282736333$80.46$2.89
Jun 2026272740400$84.81$3.15
May 2026242427270$102.13$2.94
Apr 2026313250500$100.32$2.77
Mar 2026464726260$91.38$3.04
Feb 2026595932320$64.51$3.62
Jan 2026587464631$60.04$7.72
Dec 2025462939390$57.97$4.26
Nov 2025485145405$60.06$3.79
Oct 2025555733330$60.89$3.19
Sep 2025393710100$63.96$2.97
Aug 20252847770$64.86$2.91
Jul 20251910550$68.39$3.20
Jun 2025575143430$68.17$3.02
May 2025939068680$62.17$3.12
Apr 2025798058580$63.54$3.42
Mar 2025979456506$68.24$4.12
Feb 2025798558580$71.53$4.19
Jan 202510610591910$75.74$4.13
Dec 202410110281810$70.12$3.01
Nov 2024535247470$69.95$2.12
Oct 2024546054540$71.99$2.20
Sep 2024303058580$70.24$2.28
Aug 202461491001000$76.68$1.99
Jul 202467651141140$81.80$2.07
Jun 20246162967917$79.77$2.54
May 202461623613610$80.02$2.12
Apr 202457571481480$85.35$1.60
Mar 2024586095950$81.28$1.49
Feb 2024565980800$77.25$1.72
Jan 2024596082820$74.15$3.18
Dec 2023696799990$71.90$2.52
Nov 2023636486860$77.69$2.71
Oct 2023636098980$85.64$2.98
Sep 2023565789890$89.43$2.64
Aug 2023605790900$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

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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