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Texas oil lease

Producing

PENNYWISE D

Pennywise D is an oil lease in Upton County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

103,215bbl oil, last 12 months
RRC lease
7C-22886

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
276,102 mcf
Oil in Jul 2026
6,093 bbl

Production by month

Oil output fell 80% since Dec 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 80% since Dec 2024Monthly oil production and gas for PENNYWISE D, Dec 2024 to Jul 2026. Oil output fell 80% since Dec 2024. Monthly average of 7,498 bbl in the latest 3 months, against 37,435 bbl in the first 3.Last 12 months: 103,215 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 25AprJulOctJan 26AprJul
Oil output fell 80% since Dec 2024Monthly oil production and gas for PENNYWISE D, Dec 2024 to Jul 2026. Oil output fell 80% since Dec 2024. Monthly average of 7,498 bbl in the latest 3 months, against 37,435 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 3.7% of the gas in Apr 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plantShare of PENNYWISE D gas by disposition code each month, Dec 2024 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 3.7% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: plant to lineFlared 3.7%Jan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plantShare of PENNYWISE D gas by disposition code each month, Dec 2024 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 3.7% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Feb 25: plant to lineFlared 3.7%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 273,298 mcf

  • Lease fuel (1)

    1.0% · 2,804 mcf

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeTRP Operating LLC, Dec 2024 to Jan 2025; Diamondback E&P LLC, Feb 2025 to Jul 202620252026Changed Feb 2025TRP Operating LLCDec 2024 to Jan 2025Diamondback E&P LLCFeb 2025 to now
Operators of this lease over timeTRP Operating LLC, Dec 2024 to Jan 2025; Diamondback E&P LLC, Feb 2025 to Jul 202620252026Changed Feb 2025TRP Operating LLCDec 2024 to Jan 2025Diamondback E&P LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on PENNYWISE D
API numberWell no.Status
42-461-425665021HLActive
42-461-426035031MSActive
42-461-426055001HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Sep 18, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 18, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 18, 2024

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

516.97 acres on the newest permit

An allocation well is on this lease

Permits for Pennywise D
API numberWell no.Acreson the permit
42-461-426035031MS516.97
42-461-426055001HA516.97
42-461-425665021HL516.97

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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

20 months, newest first

Ledger for PENNYWISE D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P6,0936,09636,40536,2850$80.46$2.89
Jun 2026Diamondback E&P6,9256,93029,32629,2250$84.81$3.15
May 2026Diamondback E&P9,4759,49025,23925,1310$102.13$2.94
Apr 2026Diamondback E&P9,0439,00213,38513,3250$100.32$2.77
Mar 2026Diamondback E&P7,8177,79312,24912,1960$91.38$3.04
Feb 2026Diamondback E&P9,7339,84522,62622,5140$64.51$3.62
Jan 2026Diamondback E&P9,8679,92221,84321,4720$60.04$7.72
Dec 2025Diamondback E&P10,0029,84428,56527,9810$57.97$4.26
Nov 2025Diamondback E&P6,8336,84112,21211,6900$60.06$3.79
Oct 2025Diamondback E&P4,3204,43112,96612,7590$60.89$3.19
Sep 2025Diamondback E&P10,80510,72828,62628,3570$63.96$2.97
Aug 2025Diamondback E&P12,30212,21732,66032,3630$64.86$2.91
Jul 2025Diamondback E&P12,28312,27429,86429,5920$68.39$3.20
Jun 2025Diamondback E&P14,99315,01431,74331,4520$68.17$3.02
May 2025Diamondback E&P14,38814,59929,66429,4100$62.17$3.12
Apr 2025Diamondback E&P17,43517,33334,13632,5971,256$63.54$3.42
Mar 2025Diamondback E&P28,60028,66853,53053,1860$68.24$4.12
Feb 2025Diamondback E&P37,98837,91272,09771,7480$71.53$4.19
Jan 2025TRP Operating51,67451,63861,31160,9420$75.74$4.13
Dec 2024TRP Operating22,64422,49715,66615,2970$70.12$3.01

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

Diamondback E&P LLC in Upton County

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Spraberry (Trend Area) field

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