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Texas oil lease

Producing

PHANTOM-BURKHOLDER UNIT

Phantom-Burkholder Unit is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

Oil lease dossier

6,790bbl oil, last 12 months−19% vs prior year
Operator
Diamondback E&P LLC
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-56915

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
15,577 mcf
Oil in Jul 2026
529 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for PHANTOM-BURKHOLDER UNIT, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 6,790 bbl in the 12 months through Jul 2026, against 8,340 bbl in the 12 months before.Last 12 months: 6,790 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for PHANTOM-BURKHOLDER UNIT, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 6,790 bbl in the 12 months through Jul 2026, against 8,340 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of PHANTOM-BURKHOLDER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of PHANTOM-BURKHOLDER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

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%From
Diamondback E&P LLCOilGathers100Feb 1, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Feb 1, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 1, 2022

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

Who buys my oilOil price check

640 acres on the newest permit

Permits for Phantom-Burkholder Unit
API numberWell no.Acreson the permit
42-389-329771H640

SourceRailroad Commission drilling permits, Sep 26, 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 PHANTOM-BURKHOLDER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265293701,3301,3300$80.46$2.89
Jun 20265463631,1651,1650$84.81$3.15
May 20265689111,3851,3850$102.13$2.94
Apr 20265447451,3321,3320$100.32$2.77
Mar 20264921871,0381,0380$91.38$3.04
Feb 20264815501,1641,1640$64.51$3.62
Jan 20266445561,3331,3330$60.04$7.72
Dec 20256105631,5521,5520$57.97$4.26
Nov 20256085521,4961,4960$60.06$3.79
Oct 20256545451,4451,4450$60.89$3.19
Sep 20255755631,1731,1730$63.96$2.97
Aug 20255397481,1641,1640$64.86$2.91
Jul 20255377631,4441,4440$68.39$3.20
Jun 20256083711,7721,7720$68.17$3.02
May 20256585471,6781,6780$62.17$3.12
Apr 20257027521,6761,6760$63.54$3.42
Mar 20257627451,4811,4810$68.24$4.12
Feb 20255215591,2631,2630$71.53$4.19
Jan 20258097671,7401,7400$75.74$4.13
Dec 20247495591,9981,9980$70.12$3.01
Nov 20247829301,9401,9400$69.95$2.12
Oct 20247627421,8811,8810$71.99$2.20
Sep 20246965511,7501,7500$70.24$2.28
Aug 20247547402,1882,1880$76.68$1.99
Jul 20246499202,2562,2560$81.80$2.07
Jun 20248225482,1552,1550$79.77$2.54
May 20247509401,9551,9550$80.02$2.12
Apr 20247727361,8321,8320$85.35$1.60
Mar 20248577391,9741,9740$81.28$1.49
Feb 20247117621,1861,1860$77.25$1.72
Jan 20247937511,1081,1080$74.15$3.18
Dec 20233493633993990$71.90$2.52
Nov 20236607606546540$77.69$2.71
Oct 20235525691,2641,2640$85.64$2.98
Sep 20236657438468460$89.43$2.64
Aug 20236885528558550$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 LLCFieldHoefs T-K (Wolfcamp)CountyReeves County

Diamondback E&P LLC in Reeves County

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Hoefs T-K (Wolfcamp) field

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