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Texas oil lease

Producing

PPH "47"

PPH "47" is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

4 wells

1,409bbl oil, last 12 months−16% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-38794

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
6,469 mcf
Oil in Jul 2026
93 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for PPH "47", Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 1,409 bbl in the 12 months through Jul 2026, against 1,669 bbl in the 12 months before.Last 12 months: 1,409 bblbbl per monthmcf per month001002502005003007504001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for PPH "47", Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 1,409 bbl in the 12 months through Jul 2026, against 1,669 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002502005003007504001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 32.8% of the gas in Dec 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PPH "47" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 32.8% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 32.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PPH "47" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 32.8% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 32.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 6,006 mcf

  • Flared (4)

    7.2% · 463 mcf

7.2% of the gas flared in the last 12 months. 4 months above 3%.

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.

4 wells on this lease

Wells on PPH "47"
API numberWell no.Status
42-317-351511Shut-in
42-317-353992Shut-in
42-317-355613Active
42-317-357394Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Apr 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100May 2, 2008Apr 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100May 2, 2008Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Apr 1, 2025

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for PPH "47"
API numberWell no.Acreson the permit
42-317-351511320
42-317-353992320
42-317-355613320
42-317-357394319.20

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 PPH "47"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P9317847145021$80.46$2.89
Jun 2026Diamondback E&P1171828838830$84.81$3.15
May 2026Diamondback E&P1150991743248$102.13$2.94
Apr 2026Diamondback E&P1061799759750$100.32$2.77
Mar 2026Diamondback E&P9807457450$91.38$3.04
Feb 2026Diamondback E&P1711821811810$64.51$3.62
Jan 2026Diamondback E&P1091902522520$60.04$7.72
Dec 2025Diamondback E&P810592398194$57.97$4.26
Nov 2025Diamondback E&P1161864404400$60.06$3.79
Oct 2025Diamondback E&P1301826306300$60.89$3.19
Sep 2025Diamondback E&P13002942940$63.96$2.97
Aug 2025Diamondback E&P14318715150$64.86$2.91
Jul 2025Diamondback E&P1681785085080$68.39$3.20
Jun 2025Diamondback E&P12818743141120$68.17$3.02
May 2025Diamondback E&P1721794404400$62.17$3.12
Apr 2025Diamondback E&P12602522520$63.54$3.42
Mar 2025Diamondback E&P841793293290$68.24$4.12
Feb 2025Diamondback E&P1301783333330$71.53$4.19
Jan 2025Diamondback E&P2071933353350$75.74$4.13
Dec 2024Endeavor Energy5601311310$70.12$3.01
Nov 2024Endeavor Energy14418384840$69.95$2.12
Oct 2024Endeavor Energy14617757570$71.99$2.20
Sep 2024Endeavor Energy10616746460$70.24$2.28
Aug 2024Endeavor Energy202419190$76.68$1.99
Jul 2024Endeavor Energy186367000$81.80$2.07
Jun 2024Endeavor Energy14413000$79.77$2.54
May 2024Endeavor Energy20335918180$80.02$2.12
Apr 2024Endeavor Energy192184000$85.35$1.60
Mar 2024Endeavor Energy761000$81.28$1.49
Feb 2024Endeavor Energy14516000$77.25$1.72
Jan 2024Endeavor Energy179366000$74.15$3.18
Dec 2023Endeavor Energy18721011110$71.90$2.52
Nov 2023Endeavor Energy185168000$77.69$2.71
Oct 2023Endeavor Energy364188000$85.64$2.98
Sep 2023Endeavor Energy304329000$89.43$2.64
Aug 2023Endeavor Energy304351000$81.39$2.58

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

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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