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Texas oil lease

Producing

PARKER FARMS NS 25-28 02

Parker Farms NS 25-28 02 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

7,492bbl oil, last 12 months−53% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-52591

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
122,084 mcf
Oil in Jul 2026
488 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for PARKER FARMS NS 25-28 02, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 7,492 bbl in the 12 months through Jul 2026, against 15,880 bbl in the 12 months before.Last 12 months: 7,492 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for PARKER FARMS NS 25-28 02, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 7,492 bbl in the 12 months through Jul 2026, against 15,880 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 84.9% of the gas in Jan 2024.

  • Transmission line (2)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of PARKER FARMS NS 25-28 02 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 84.9% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 84.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of PARKER FARMS NS 25-28 02 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 84.9% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 84.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 121,291 mcf

  • Flared (4)

    0.6% · 793 mcf

0.6% of the gas flared in the last 12 months. 19 months above 3%.

3 wells on this lease

Wells on PARKER FARMS NS 25-28 02
API numberWell no.Status
42-317-41535202HActive
42-317-41539102HActive
42-317-41540502HActive

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–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers50Aug 1, 2024Feb 1, 2025
Shell Trading (Us) CompanyOilGathers50Aug 1, 2024Feb 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Feb 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Feb 1, 2023Aug 1, 2024

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

Who buys my oilOil price check

646.59 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 Parker Farms NS 25-28 02
API numberWell no.Acreson the permit
42-317-41535202H646.59
42-317-41539102H646.59
42-317-41540502H646.59

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 PARKER FARMS NS 25-28 02
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264884983,4953,280215$80.46$2.89
Jun 20263723875,3705,3700$84.81$3.15
May 202664365511,78811,7880$102.13$2.94
Apr 202652052811,49411,4940$100.32$2.77
Mar 20267327346,5006,380120$91.38$3.04
Feb 20264974715,4845,4840$64.51$3.62
Jan 202657257112,18612,044142$60.04$7.72
Dec 20257307179,3909,3900$57.97$4.26
Nov 20256135507,3557,122233$60.06$3.79
Oct 202549456711,45611,37383$60.89$3.19
Sep 202584979319,99019,9900$63.96$2.97
Aug 202598297117,57617,5760$64.86$2.91
Jul 20251,1451,15420,85720,8570$68.39$3.20
Jun 202591592020,31719,999318$68.17$3.02
May 202582481719,63219,6320$62.17$3.12
Apr 202572272414,43514,41322$63.54$3.42
Mar 20254735846,4935,890603$68.24$4.12
Feb 20259989776,4796,4790$71.53$4.19
Jan 20251,3911,40012,65712,175482$75.74$4.13
Dec 20242,0552,00327,84827,306542$70.12$3.01
Nov 20242,7542,75235,07632,3962,680$69.95$2.12
Oct 20241,9961,99926,24018,0088,232$71.99$2.20
Sep 20241,0521,07827,94126,0091,932$70.24$2.28
Aug 20241,5551,60720,01818,5881,430$76.68$1.99
Jul 20241,2381,2239,6918,2011,490$81.80$2.07
Jun 20241,3721,3459,5356,4393,096$79.77$2.54
May 20241,3101,3969,0525,0474,005$80.02$2.12
Apr 20241,6971,70220,92312,4758,448$85.35$1.60
Mar 20242,0222,02724,60720,6863,921$81.28$1.49
Feb 20242,0962,06324,44715,8738,574$77.25$1.72
Jan 20241,9841,99219,1572,88416,273$74.15$3.18
Dec 20232,1762,17725,61222,7542,858$71.90$2.52
Nov 20232,2342,24230,32229,741581$77.69$2.71
Oct 20232,4492,54528,68724,3344,353$85.64$2.98
Sep 20232,7042,72229,03327,8891,144$89.43$2.64
Aug 20233,5683,53834,29731,7262,571$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 LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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