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Texas oil lease

Producing

PHILLIPS-ZULETTE

Phillips-Zulette is an oil lease in Reagan County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

331bbl oil, last 12 months−18% vs prior year
RRC lease
7C-11791

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
4,731 mcf
Oil in Jul 2026
28 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for PHILLIPS-ZULETTE, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 331 bbl in the 12 months through Jul 2026, against 402 bbl in the 12 months before.Last 12 months: 331 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for PHILLIPS-ZULETTE, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 331 bbl in the 12 months through Jul 2026, against 402 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of PHILLIPS-ZULETTE gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2025: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of PHILLIPS-ZULETTE gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Oct 25: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    64% · 3,040 mcf

  • Transmission line (2)

    36% · 1,691 mcf

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PHILLIPS-ZULETTE
API numberWell no.Status
42-383-336496Active
42-383-336672Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Jan 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Jan 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Sep 1, 2004Apr 1, 2025
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2021Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2021Aug 1, 2024
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017May 1, 2021
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017May 1, 2021

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

480 acres on the newest permit

Permits for Phillips-Zulette
API numberWell no.Acreson the permit
42-383-336672480
42-383-336496480

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

36 months, newest first

Ledger for PHILLIPS-ZULETTE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P280338280$80.46$2.89
Jun 2026Diamondback E&P3304291290$84.81$3.15
May 2026Diamondback E&P2305122020$102.13$2.94
Apr 2026Diamondback E&P241705392390$100.32$2.77
Mar 2026Diamondback E&P3104431330$91.38$3.04
Feb 2026Diamondback E&P3404401600$64.51$3.62
Jan 2026Diamondback E&P3205061960$60.04$7.72
Dec 2025Diamondback E&P500408980$57.97$4.26
Nov 2025Diamondback E&P2204141140$60.06$3.79
Oct 2025Diamondback E&P121714121020$60.89$3.19
Sep 2025Diamondback E&P2601611610$63.96$2.97
Aug 2025Diamondback E&P1601291290$64.86$2.91
Jul 2025Diamondback E&P2501621620$68.39$3.20
Jun 2025Diamondback E&P2801871870$68.17$3.02
May 2025Diamondback E&P3401951950$62.17$3.12
Apr 2025Diamondback E&P301721391390$63.54$3.42
Mar 2025Diamondback E&P3701821820$68.24$4.12
Feb 2025Diamondback E&P4101891890$71.53$4.19
Jan 2025Diamondback E&P5502082080$75.74$4.13
Dec 2024Endeavor Energy2701911910$70.12$3.01
Nov 2024Endeavor Energy151761721720$69.95$2.12
Oct 2024Endeavor Energy1801881880$71.99$2.20
Sep 2024Endeavor Energy8102512510$70.24$2.28
Aug 2024Endeavor Energy1102302300$76.68$1.99
Jul 2024Endeavor Energy17054540$81.80$2.07
Jun 2024Endeavor Energy641722312310$79.77$2.54
May 2024Endeavor Energy2801761760$80.02$2.12
Apr 2024Endeavor Energy5201871870$85.35$1.60
Mar 2024Endeavor Energy6302372370$81.28$1.49
Feb 2024Endeavor Energy1581793243240$77.25$1.72
Jan 2024Endeavor Energy18049490$74.15$3.18
Dec 2023Endeavor Energy621741641640$71.90$2.52
Nov 2023Endeavor Energy3080800$77.69$2.71
Oct 2023Endeavor Energy2501541540$85.64$2.98
Sep 2023Endeavor Energy4601191190$89.43$2.64
Aug 2023Endeavor Energy1901951950$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Diamondback E&P LLC in Reagan County

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