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Texas oil lease

Producing

PARKS, ROY JR.

Parks, Roy JR. is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

Oil lease dossier

1,978bbl oil, last 12 months+22% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-42628

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
5,380 mcf
Oil in Jul 2026
142 bbl

Production by month

Oil output rose 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for PARKS, ROY JR., Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 1,978 bbl in the 12 months through Jul 2026, against 1,617 bbl in the 12 months before.Last 12 months: 1,978 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 22% over the last 12 monthsMonthly oil production and gas for PARKS, ROY JR., Aug 2023 to Jul 2026. Oil output rose 22% over the last 12 months. 1,978 bbl in the 12 months through Jul 2026, against 1,617 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

78% of the gas went to lease fuel in the last 12 months

Flaring peaked at 100.0% of the gas in Jan 2024.

  • Lease fuel (1)
  • Flared (4)
78% of the gas went to lease fuel in the last 12 monthsShare of PARKS, ROY JR. gas by disposition code each month, Aug 2023 to Jul 2026. 78% of the gas went to lease fuel in the last 12 months. Flaring peaked at 100.0% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
78% of the gas went to lease fuel in the last 12 monthsShare of PARKS, ROY JR. gas by disposition code each month, Aug 2023 to Jul 2026. 78% of the gas went to lease fuel in the last 12 months. Flaring peaked at 100.0% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    78% · 4,205 mcf

  • Flared (4)

    22% · 1,175 mcf

21.8% of the gas flared in the last 12 months. 28 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Dec 2022

Operators of this lease over timeBreitburn Operating L.P., Jan 2020 to May 2020; Firebird Energy LLC, Jun 2020 to Nov 2022; Diamondback E&P LLC, Dec 2022 to Jul 20262020202120222023202420252026Changed Jun 2020Changed Dec 2022Breitburn Operating L.P.Jan 2020 to May 2020Firebird Energy LLCJun 2020 to Nov 2022Diamondback E&P LLCDec 2022 to now
Operators of this lease over timeBreitburn Operating L.P., Jan 2020 to May 2020; Firebird Energy LLC, Jun 2020 to Nov 2022; Diamondback E&P LLC, Dec 2022 to Jul 20262020202120222023202420252026Changed Jun 2020Changed Dec 2022Breitburn Operating L.P.Jan 2020 to May 2020Firebird Energy LLCJun 2020 to Nov 2022Diamondback E&P LLCDec 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Chevron U. S. A. Inc.Casinghead gasBuys100Jun 1, 2018–
Chevron U. S. A. Inc.Casinghead gasGathers100May 1, 2011–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Dorado Oil CompanyOilGathers100Jan 1, 2019Aug 1, 2025
Genesis Crude Oil, L.p.OilGathers50Jun 1, 2018Jan 1, 2019
Midcon Gathering LLCOilGathers50Jun 1, 2018Jan 1, 2019

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

Who buys my oilOil price check

321 acres on the newest permit

Check your decimal on this lease
Permits for Parks, Roy JR.
API numberWell no.Acreson the permit
42-329-016772321
42-329-020123321

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 PARKS, ROY JR.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1420242077$80.46$2.89
Jun 2026Diamondback E&P131190423093$84.81$3.15
May 2026Diamondback E&P890529064$102.13$2.94
Apr 2026Diamondback E&P55176275035$100.32$2.77
Mar 2026Diamondback E&P621485035$91.38$3.04
Feb 2026Diamondback E&P1401784700110$64.51$3.62
Jan 2026Diamondback E&P2181823010108$60.04$7.72
Dec 2025Diamondback E&P2271945750118$57.97$4.26
Nov 2025Diamondback E&P2233722860121$60.06$3.79
Oct 2025Diamondback E&P2281835960131$60.89$3.19
Sep 2025Diamondback E&P2241895890139$63.96$2.97
Aug 2025Diamondback E&P2391866090144$64.86$2.91
Jul 2025Diamondback E&P2113555970132$68.39$3.20
Jun 2025Diamondback E&P2231654820137$68.17$3.02
May 2025Diamondback E&P2501754530123$62.17$3.12
Apr 2025Diamondback E&P2453582490114$63.54$3.42
Mar 2025Diamondback E&P2943442660131$68.24$4.12
Feb 2025Diamondback E&P26516399099$71.53$4.19
Jan 2025Diamondback E&P33089014$75.74$4.13
Dec 2024Diamondback E&P96168400085$70.12$3.01
Nov 2024Diamondback E&P00404$69.95$2.12
Oct 2024Diamondback E&P00000$71.99$2.20
Sep 2024Diamondback E&P00000$70.24$2.28
Aug 2024Diamondback E&P00000$76.68$1.99
Jul 2024Diamondback E&P690199049$81.80$2.07
Jun 2024Diamondback E&P2113735120152$79.77$2.54
May 2024Diamondback E&P1911785530125$80.02$2.12
Apr 2024Diamondback E&P216169446071$85.35$1.60
Mar 2024Diamondback E&P23617810904$81.28$1.49
Feb 2024Diamondback E&P190184389014$77.25$1.72
Jan 2024Diamondback E&P22518410010$74.15$3.18
Dec 2023Diamondback E&P227345000$71.90$2.52
Nov 2023Diamondback E&P219167000$77.69$2.71
Oct 2023Diamondback E&P219178000$85.64$2.98
Sep 2023Diamondback E&P152262000$89.43$2.64
Aug 2023Diamondback E&P230178000$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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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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