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Texas oil lease

Producing

PATTON 34-39 C

Patton 34-39 C is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

284,712bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-63060

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
756,912 mcf
Oil in Jul 2026
15,060 bbl

Production by month

Oil output fell 66% since Jan 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 66% since Jan 2025Monthly oil production and gas for PATTON 34-39 C, Jan 2025 to Jul 2026. Oil output fell 66% since Jan 2025. Monthly average of 16,155 bbl in the latest 3 months, against 47,988 bbl in the first 3.Last 12 months: 284,712 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100kJan 25AprJulOctJan 26AprJul
Oil output fell 66% since Jan 2025Monthly oil production and gas for PATTON 34-39 C, Jan 2025 to Jul 2026. Oil output fell 66% since Jan 2025. Monthly average of 16,155 bbl in the latest 3 months, against 47,988 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a transmission line in the last 12 monthsShare of PATTON 34-39 C gas by disposition code each month, Jan 2025 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of PATTON 34-39 C gas by disposition code each month, Jan 2025 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 693,115 mcf

  • Lease fuel (1)

    8.1% · 61,570 mcf

  • Flared (4)

    0.3% · 2,227 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

3 wells on this lease

Wells on PATTON 34-39 C
API numberWell no.Status
42-329-471183LSActive
42-329-471195WAActive
42-329-471202JMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jan 21, 2025
Enterprise Products Operating LLCCasinghead gasBuys100Jan 21, 2025
Enterprise Products Operating LLCCasinghead gasGathers100Jan 21, 2025

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

Who buys my oilOil price check

521.55 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.

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Permits for Patton 34-39 C
API numberWell no.Acreson the permit
42-329-471195WA521.55
42-329-471202JM521.55
42-329-471183LS521.55

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

19 months, newest first

Ledger for PATTON 34-39 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202615,06015,06253,13851,8860$80.46$2.89
Jun 202614,75214,76753,72751,8770$84.81$3.15
May 202618,65318,61763,83359,5010$102.13$2.94
Apr 202617,65317,66156,35552,5990$100.32$2.77
Mar 202620,92220,91565,40661,0770$91.38$3.04
Feb 202620,79320,82257,48253,6570$64.51$3.62
Jan 202624,15224,22965,40760,7570$60.04$7.72
Dec 202525,15125,25467,23062,4913$57.97$4.26
Nov 202529,50829,39267,87061,6621,384$60.06$3.79
Oct 202530,23630,21263,31458,627129$60.89$3.19
Sep 202529,95629,97959,85955,08936$63.96$2.97
Aug 202537,87637,91583,29163,892675$64.86$2.91
Jul 202544,13744,11283,08163,16470$68.39$3.20
Jun 202544,81144,80375,46856,9890$68.17$3.02
May 202558,31558,49292,28270,6310$62.17$3.12
Apr 202550,65950,69574,91554,788451$63.54$3.42
Mar 202573,42373,31490,25268,21578$68.24$4.12
Feb 202563,53863,57563,86945,282446$71.53$4.19
Jan 20257,0046,6247,6524,545126$75.74$4.13

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)CountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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