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PENROSE OLDHAM "27"

Penrose Oldham "27" is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Mid-Mar, East (Strawn) field.

Oil lease dossier

0bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Midland County
Field
Mid-Mar, East (Strawn)
RRC lease
08-38078

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from De IV Operating, LLC in May 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

  • Buyer

    Buyer changed: TARGA PL MID-CONT WESTTEX LLC replaced TARGA MIDSTREAM SERVICES LLC as the buyer of this lease's gas from oil wells on Aug 1, 2025.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for PENROSE OLDHAM "27", Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Jun 2025, at 1 bbl.Last 12 months: 0 bblbbl per month0255075100125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for PENROSE OLDHAM "27", Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Jun 2025, at 1 bbl.Last 12 monthsbbl per month0255075100125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 3 times, most recently in May 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Nov 2022; Lario Oil & Gas Company, Dec 2022 to Jan 2023; De IV Operating, LLC, Feb 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed Dec 2022Changed Feb 2023Changed May 2025Endeavor Energy Resources L.P.Jan 2020 to Nov 2022Lario Oil & Gas CompanyDec 2022 to Jan 2023De IV Operating, LLCFeb 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Nov 2022; Lario Oil & Gas Company, Dec 2022 to Jan 2023; De IV Operating, LLC, Feb 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed Dec 2022Changed Feb 2023Changed May 2025Endeavor Energy Resources L.P.Jan 2020 to Nov 2022Lario Oil & Gas CompanyDec 2022 to Jan 2023De IV Operating, LLCFeb 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 1, 2025–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Targa Midstream Services LLCCasinghead gasGathers100Jan 1, 2023Aug 1, 2025
Targa Midstream Services LLCCasinghead gasBuys100Jan 1, 2023Aug 1, 2025
Enterprise Crude Oil LLCOilGathers100Feb 2, 2023Aug 1, 2025
Rio Energy International, Inc.OilGathers100Jan 1, 2023Feb 2, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Dec 15, 2022Jan 1, 2023

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

Who buys my oilOil price check

160.10 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160.1 and 640 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Penrose Oldham "27"
API numberWell no.Acreson the permit
42-329-312113160.10
42-329-313745640

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

36 months, newest first

Ledger for PENROSE OLDHAM "27"
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P00$80.46$2.89
Jun 2026Diamondback E&P00$84.81$3.15
May 2026Diamondback E&P00$102.13$2.94
Apr 2026Diamondback E&P00$100.32$2.77
Mar 2026Diamondback E&P00$91.38$3.04
Feb 2026Diamondback E&P00$64.51$3.62
Jan 2026Diamondback E&P00$60.04$7.72
Dec 2025Diamondback E&P00$57.97$4.26
Nov 2025Diamondback E&P00$60.06$3.79
Oct 2025Diamondback E&P00$60.89$3.19
Sep 2025Diamondback E&P00$63.96$2.97
Aug 2025Diamondback E&P00$64.86$2.91
Jul 2025Diamondback E&P00$68.39$3.20
Jun 2025Diamondback E&P10$68.17$3.02
May 2025Diamondback E&P1350$62.17$3.12
Apr 2025De IV370$63.54$3.42
Mar 2025De IV00$68.24$4.12
Feb 2025De IV17140$71.53$4.19
Jan 2025De IV290$75.74$4.13
Dec 2024De IV310$70.12$3.01
Nov 2024De IV350$69.95$2.12
Oct 2024De IV7153$71.99$2.20
Sep 2024De IV00$70.24$2.28
Aug 2024De IV800$76.68$1.99
Jul 2024De IV100185$81.80$2.07
Jun 2024De IV460$79.77$2.54
May 2024De IV75162$80.02$2.12
Apr 2024De IV650$85.35$1.60
Mar 2024De IV1020$81.28$1.49
Feb 2024De IV69173$77.25$1.72
Jan 2024De IV16170$74.15$3.18
Dec 2023De IV760$71.90$2.52
Nov 2023De IV450$77.69$2.71
Oct 2023De IV430$85.64$2.98
Sep 2023De IV450$89.43$2.64
Aug 2023De IV150$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldMid-Mar, East (Strawn)CountyMidland County

Diamondback E&P LLC in Midland County

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Mid-Mar, East (Strawn) field

No other producing leases in this field are in our data yet.

New drilling permits in Midland County

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