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Texas oil lease

No report in 6+ months

PATTON 2

Patton 2 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) R 40 Exc field.

1 well

123,256bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-58246

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
220,365 mcf
Oil in Mar 2024
0 bbl

Production by month

Oil output fell 91% since Feb 2023

  • Oil (bars)
  • Gas (line)
Oil output fell 91% since Feb 2023Monthly oil production and gas for PATTON 2, Feb 2023 to Mar 2024. Oil output fell 91% since Feb 2023. Monthly average of 2,486 bbl in the latest 3 months, against 26,357 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kApr 23JulOctJan 24
Oil output fell 91% since Feb 2023Monthly oil production and gas for PATTON 2, Feb 2023 to Mar 2024. Oil output fell 91% since Feb 2023. Monthly average of 2,486 bbl in the latest 3 months, against 26,357 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJul 23Jan 24

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 20.9% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of PATTON 2 gas by disposition code each month, Feb 2023 to Mar 2024. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.9% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.9%Apr 23JulOctJan 24
98% of the gas went to a transmission line in the last 12 monthsShare of PATTON 2 gas by disposition code each month, Feb 2023 to Mar 2024. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.9% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 20.9%Jul 23Jan 24

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 270,179 mcf

  • Flared (4)

    1.5% · 4,184 mcf

  • Lease fuel (1)

    0.9% · 2,380 mcf

1.5% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeLario Oil & Gas Company, Feb 2023 to Feb 2023; Diamondback E&P LLC, Mar 2023 to Mar 20242024Changed Mar 2023Lario Oil & Gas CompanyFeb 2023 to Feb 2023Diamondback E&P LLCMar 2023 to now
Operators of this lease over timeLario Oil & Gas Company, Feb 2023 to Feb 2023; Diamondback E&P LLC, Mar 2023 to Mar 20242024Changed Mar 2023Lario Oil & Gas CompanyFeb 2023 to Feb 2023Diamondback E&P LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PATTON 2
API numberWell no.Status
42-329-45468102Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers50Aug 5, 2022
Nustar Permian Trans and Stg,llcOilGathers50Aug 5, 2022
Enterprise Products Operating LLCCasinghead gasBuys100Aug 5, 2022
Enterprise Products Operating LLCCasinghead gasGathers100Aug 5, 2022

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

Who buys my oilOil price check

561.89 acres on the newest permit

An allocation well is on this lease

Permits for Patton 2
API numberWell no.Acreson the permit
42-329-45468102561.89

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

14 months, newest first

Ledger for PATTON 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Mar 2024Diamondback E&P00000$81.28$1.49
Feb 2024Diamondback E&P00000$77.25$1.72
Jan 2024Diamondback E&P7,4597,76512,2519,1712,560$74.15$3.18
Dec 2023Diamondback E&P8,5338,40517,80317,09885$71.90$2.52
Nov 2023Diamondback E&P8,5918,64016,79815,913285$77.69$2.71
Oct 2023Diamondback E&P9,3849,47319,61318,703910$85.64$2.98
Sep 2023Diamondback E&P11,68811,58533,72733,7270$89.43$2.64
Aug 2023Diamondback E&P11,32311,32526,92326,9230$81.39$2.58
Jul 2023Diamondback E&P13,32513,36621,80821,8080$76.07$2.55
Jun 2023Diamondback E&P14,12914,19426,31126,3110$70.25$2.18
May 2023Diamondback E&P16,54816,45217,60317,6030$71.58$2.15
Apr 2023Diamondback E&P22,27622,30927,52827,4880$79.45$2.16
Mar 2023Diamondback E&P39,21739,16843,37842,714344$73.28$2.31
Feb 2023Lario Oil17,57717,36813,00012,7200$76.83$2.38

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) R 40 ExcCountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) R 40 Exc field

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