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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 60634

Producing

PATTON 2

Patton 2 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 134,081 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

134,081bbl oil, last 12 months−32% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-60634

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
429,364 mcf
Oil in Jul 2026
6,696 bbl
Reporting to the state
since Feb 2023
Wells
2

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 32% over the last 12 months

134,081 bbl in the 12 months through Jul 2026, against 196,909 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for PATTON 2, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 134,081 bbl in the 12 months through Jul 2026, against 196,909 bbl in the 12 months before.Last 12 months: 134,081 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for PATTON 2, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 134,081 bbl in the 12 months through Jul 2026, against 196,909 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 60634, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Jun 2024 the lease's gas goes to a transmission line instead of lease fuel

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 48.1% of the gas in Apr 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2024 the lease's gas goes to a transmission line instead of lease fuelShare of PATTON 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a transmission line instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 48.1% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2024: fuel to lineFlared 48.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2024 the lease's gas goes to a transmission line instead of lease fuelShare of PATTON 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a transmission line instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 48.1% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Jun 24: fuel to lineFlared 48.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 60634, district 08. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.3% of the gas was flared. 3 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Diamondback E&P LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeDiamondback E&P LLC, Feb 2023 to Jul 2026202420252026Diamondback E&P LLCFeb 2023 to nowthrough Jul 2026
Operators of this lease over timeDiamondback E&P LLC, Feb 2023 to Jul 2026202420252026Diamondback E&P LLCFeb 2023 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 60634 in district 08. The API number is the state’s ID for a well.
Wells on PATTON 2
API numberWell no.Status
42-329-45700104Active
42-329-45986106Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 60634.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Dk Trading & Supply, LLC gathers it.

    100% of it, on the list since Aug 8, 2024

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Feb 1, 2023 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Feb 1, 2023

Companies that used to be listed: Nustar Permian Trans and Stg,llc (gathers it, until Aug 8, 2024).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

561.89 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
33 not plugged
Horizontal
3
First completion
Feb 5, 2023
Latest permit
Dec 12, 2022

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.

Wells and acres on the permits for Patton 2
API numberWell no.Acreson the permit
42-329-45986106561.89
42-329-45700104561.89
42-329-45468102561.89

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says PATTON 2 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for PATTON 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Diamondback E&P6,6966,69521,36720,8640$80.46$2.89
Jun 2026Diamondback E&P6,4446,45826,84425,9190$84.81$3.15
May 2026Diamondback E&P8,8658,85136,26533,8040$102.13$2.94
Apr 2026Diamondback E&P8,7808,78034,75232,4360$100.32$2.77
Mar 2026Diamondback E&P9,9129,90537,69135,1970$91.38$3.04
Feb 2026Diamondback E&P9,2969,31234,83732,5190$64.51$3.62
Jan 2026Diamondback E&P11,26211,30735,88733,3360$60.04$7.72
Dec 2025Diamondback E&P12,62312,64039,19636,4332$57.97$4.26
Nov 2025Diamondback E&P11,83811,80635,67932,415728$60.06$3.79
Oct 2025Diamondback E&P14,05914,06039,22236,31880$60.89$3.19
Sep 2025Diamondback E&P15,76815,77240,75837,51025$63.96$2.97
Aug 2025Diamondback E&P18,53818,54146,86635,951380$64.86$2.91
Jul 2025Diamondback E&P18,99018,99644,21733,61737$68.39$3.20
Jun 2025Diamondback E&P22,32022,30344,77733,8130$68.17$3.02
May 2025Diamondback E&P25,87825,99545,62234,9180$62.17$3.12
Apr 2025Diamondback E&P27,22227,21543,62831,906263$63.54$3.42
Mar 2025Diamondback E&P35,06235,06045,08634,07739$68.24$4.12
Feb 2025Diamondback E&P39,65839,62247,26833,512330$71.53$4.19
Jan 2025Diamondback E&P3,2873,3564,8202,86280$75.74$4.13
Dec 2024Diamondback E&P00000$70.12$3.01
Nov 2024Diamondback E&P4,2154,0974,5163,838678$69.95$2.12
Oct 2024Diamondback E&P6,4046,4327,9576,836761$71.99$2.20
Sep 2024Diamondback E&P6,7596,7389,8299,2290$70.24$2.28
Aug 2024Diamondback E&P7,1147,10510,8209,965235$76.68$1.99
Jul 2024Diamondback E&P6,0285,9479,9369,3160$81.80$2.07
Jun 2024Diamondback E&P9479011,7531,6530$79.77$2.54
May 2024Diamondback E&P07979390$80.02$2.12
Apr 2024Diamondback E&P2,9212,97015,9567,6797,677$85.35$1.60
Mar 2024Diamondback E&P6,8986,89526,12325,5030$81.28$1.49
Feb 2024Diamondback E&P6,4446,47219,68319,1030$77.25$1.72
Jan 2024Diamondback E&P00000$74.15$3.18
Dec 2023Diamondback E&P00000$71.90$2.52
Nov 2023Diamondback E&P00000$77.69$2.71
Oct 2023Diamondback E&P00000$85.64$2.98
Sep 2023Diamondback E&P00000$89.43$2.64
Aug 2023Diamondback E&P00000$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

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

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • PATTON

    19,149 bbl last 12 months · 0 km away

  • PATTON 4

    45,025 bbl last 12 months · 0 km away

  • PATTON 2

    123,256 bbl last 12 months · 0 km away

  • PATTON 3

    44,086 bbl last 12 months · 0 km away

  • PATTON 34-39 C

    284,712 bbl last 12 months · 0.2 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 60634, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.