Texas oil lease
ProducingPEELER B
Peeler B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
3 wells
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-50511
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 163,129 mcf
- Oil in Jul 2026
- 678 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC, ET GATHERING & PROCESSING LLC as the buyer of this lease's gas from oil wells on Aug 1, 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 30% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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 10.7% of the gas in Mar 2026.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 160,622 mcf
Flared (4)
1.5% · 2,463 mcf
Lease fuel (1)
0.0% · 44 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 Oct 2021
- Diamondback E&P LLC Oct 2021 to now
- Qep Energy Company Jan 2020 to Sep 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-40961 | 12BL | Active |
| 42-317-40962 | 13SC | Active |
| 42-317-40964 | 11WA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Valero Marketing and Supply Co. | Oil | Gathers | 100 | Apr 26, 2023 | – |
| Enterprise M B Midstream LLC | Casinghead gas | Buys | 100 | Aug 1, 2025 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Aug 1, 2025 | – |
| Brazos Midstream Operating, LLC | Casinghead gas | Gathers | 100 | Apr 26, 2023 | Aug 1, 2025 |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Buys | 50 | Apr 26, 2023 | Aug 1, 2025 |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 50 | Oct 1, 2023 | Aug 1, 2025 |
| Etc Texas P/L, LTD | Casinghead gas | Buys | 50 | Apr 26, 2023 | Oct 1, 2023 |
| Qep Energy Company | Casinghead gas | Gathers | 100 | Mar 1, 2018 | Apr 26, 2023 |
| Etc Texas P/L, LTD | Casinghead gas | Buys | 55 | Mar 1, 2018 | Apr 26, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
491.11 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-40961 | 12BL | Aug 25, 2017 | Mar 23, 2018 | 491.11 |
| 42-317-40964 | 11WA | Aug 25, 2017 | Mar 24, 2018 | 491.11 |
| 42-317-40962 | 13SC | Aug 21, 2017 | Mar 24, 2018 | 491.11 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 678 | 673 | 15,861 | 15,840 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 633 | 631 | 13,474 | 13,444 | 12 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 741 | 734 | 14,191 | 14,182 | 4 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 900 | 898 | 14,552 | 14,322 | 230 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 815 | 818 | 14,406 | 12,862 | 1,544 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 804 | 803 | 13,363 | 13,315 | 48 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 962 | 962 | 15,148 | 14,807 | 341 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 725 | 731 | 12,736 | 12,503 | 233 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 703 | 691 | 14,167 | 14,120 | 47 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 5 | 91 | 6,200 | 6,199 | 1 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 541 | 475 | 13,305 | 13,302 | 3 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 631 | 641 | 15,726 | 15,726 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 603 | 600 | 10,596 | 10,585 | 8 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 903 | 905 | 17,686 | 17,653 | 10 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 1,216 | 1,202 | 20,481 | 20,453 | 1 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 978 | 983 | 10,601 | 10,588 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 1,194 | 1,181 | 19,875 | 19,843 | 6 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 916 | 918 | 10,853 | 10,655 | 183 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 891 | 890 | 11,919 | 11,693 | 209 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 910 | 911 | 13,034 | 12,963 | 55 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 676 | 680 | 10,926 | 10,908 | 4 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 1,035 | 1,040 | 18,488 | 18,321 | 146 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 1,098 | 1,097 | 20,985 | 20,866 | 95 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 1,194 | 1,192 | 22,144 | 21,286 | 835 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 1,086 | 1,084 | 20,843 | 20,772 | 51 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 987 | 987 | 20,855 | 20,381 | 453 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 1,041 | 1,041 | 21,000 | 20,960 | 19 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 1,278 | 1,280 | 18,880 | 18,861 | 0 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 1,726 | 1,740 | 22,059 | 22,037 | 0 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 3,962 | 3,959 | 19,310 | 19,233 | 57 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 4,106 | 4,102 | 18,297 | 18,080 | 197 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 2,383 | 2,378 | 16,146 | 15,972 | 156 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 1,570 | 1,567 | 23,740 | 23,445 | 244 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 1,266 | 1,263 | 11,289 | 11,107 | 155 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 1,680 | 1,687 | 13,134 | 12,947 | 158 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 1,824 | 1,821 | 12,236 | 12,056 | 151 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- HALL A13
12,937 bbl
- CAMPBELL WEST SN 134-321 03
12,090 bbl
- SPAATZ
12,368 bbl
- BEAR MOUNTAIN 13-16E
14,093 bbl
- NIMITZ 2
12,616 bbl
- MAVERICK 11-2 K
12,313 bbl
- UNIVERSITY MAK
15,126 bbl
- JAGUAR EAST A
13,741 bbl
- HALSEY 3
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- EAST WILLOW LAKES
10,537 bbl
Spraberry (Trend Area) field
- UL 2539 E9
9,344 bbl
- HOUSTON-HERZOG EC12B
14,105 bbl
- PARKS NS 17-28 03
13,273 bbl
- WILLIS-BERMAN NW33FF
7,845 bbl
- NIMITZ 2
12,616 bbl
- WARFIELD EAST A
12,016 bbl
- MAVERICK 11-2 K
12,313 bbl
- JAGUAR EAST A
13,741 bbl
- COME-THOU-FOUNT 2223D
11,777 bbl
- MISCANTHUS E 1612
12,849 bbl
Leases within 10 km
- PEELER A
6,082 bbl · 0.1 km
- HALL, G.T. ET.AL.
0 bbl · 0.1 km
- DUPREE E
23,102 bbl · 0.2 km
- PEELER C
31,726 bbl · 0.2 km
- DUPREE D
10,839 bbl · 0.2 km
- ALISON
0 bbl · 0.2 km
- DUPREE C
19,363 bbl · 0.2 km
- ACT A
6,159 bbl · 0.4 km
- HALL 37-0405 AL 2
3,140 bbl · 0.4 km
- HALL A1
5,759 bbl · 0.4 km
Drilling permits within 10 km
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.1 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.1 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.1 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.1 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.1 km
Permit 0918594 · Sep 17, 2026