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Texas oil lease

No report in 6+ months

RED CREST 319

Red Crest 319 is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

123bbl oil, last 12 months
RRC lease
08-45027

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,261 mcf
Oil in Jun 2021
0 bbl

Checks stopped on this lease?

  • Sales

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

  • Wells

    The one well on this lease is marked plugged.

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

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Production by month

Oil output fell 100% since Jan 2020

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 100% since Jan 2020Monthly oil production and gas for RED CREST 319, Jan 2020 to Jun 2021. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 41 bbl in the first 3.Last 12 months: 123 bblbbl per monthmcf per month00502501005001507502001,0002501,250Jan 20AprJulOctJan 21Apr
Oil output fell 100% since Jan 2020Monthly oil production and gas for RED CREST 319, Jan 2020 to Jun 2021. Oil output fell 100% since Jan 2020. Monthly average of 0 bbl in the latest 3 months, against 41 bbl in the first 3.Last 12 monthsbbl per monthmcf per month00502501005001507502001,0002501,250Jan 20JulJan 21

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the 6 months reported

Flaring peaked at 100.0% of the gas in Apr 2020.

All of the gas went to flaring in the 6 months reportedShare of RED CREST 319 gas by disposition code each month, Jan 2020 to Jun 2021. All of the gas went to flaring in the 6 months reported. Flaring peaked at 100.0% of the gas in Apr 2020.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Jan 20AprJulOctJan 21Apr
All of the gas went to flaring in the 6 months reportedShare of RED CREST 319 gas by disposition code each month, Jan 2020 to Jun 2021. All of the gas went to flaring in the 6 months reported. Flaring peaked at 100.0% of the gas in Apr 2020.Share of gas by disposition code0%50%100%Flared 100.0%Jan 20JulJan 21

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the 6 months reported. 6 months above 3%.

1 well on this lease

Wells on RED CREST 319
API numberWell no.Status
42-389-340871HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Sep 1, 2018–
Eastex Crude CompanyOilGathers50May 1, 2020–
Brazos Midstream Operating, LLCCasinghead gasBuys100Aug 29, 2019–
Brazos Midstream Operating, LLCCasinghead gasGathers100Aug 29, 2019–
Pilot Travel Centers LLCOilGathers50Aug 29, 2019May 1, 2020
Shell Trading (Us) CompanyOilGathers50Sep 1, 2018Aug 29, 2019

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

640 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Red Crest 319
API numberWell no.Acreson the permit
42-389-340871H640

SourceRailroad Commission drilling permits, Oct 3, 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

18 months, newest first

Ledger for RED CREST 319
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jun 202100000$71.38$3.26
May 202100000$65.17$2.91
Apr 202100000$61.72$2.66
Mar 202100000$62.33$2.62
Feb 202100000$59.04$5.35
Jan 202100000$52.00$2.71
Dec 202000000$47.02$2.58
Nov 202000000$40.94$2.61
Oct 202000000$39.40$2.39
Sep 20200170303$39.63$1.92
Aug 2020801,19601,196$42.34$2.30
Jul 202011530862062$40.71$1.76
Jun 202011616827027$38.31$1.63
May 202013501620162$28.56$1.75
Apr 20207013013$16.55$1.74
Mar 2020630000$29.21$1.79
Feb 2020600000$50.54$1.91
Jan 202000000$57.52$2.02

Flared above 3%

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

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Nearby

Diamondback E&P LLC in Reeves County

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