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Texas oil lease

Producing

REDINGTON 43-18 L

Redington 43-18 L is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

231,845bbl oil, since Oct 2025
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-63901

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, since Oct 2025
428,880 mcf
Oil in Jul 2026
16,631 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output rose 59% since Oct 2025

  • Oil (bars)
  • Gas (line)
Oil output rose 59% since Oct 2025Monthly oil production and gas for REDINGTON 43-18 L, Oct 2025 to Jul 2026. Oil output rose 59% since Oct 2025. Monthly average of 20,367 bbl in the latest 3 months, against 12,809 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 25Jan 26AprJul
Oil output rose 59% since Oct 2025Monthly oil production and gas for REDINGTON 43-18 L, Oct 2025 to Jul 2026. Oil output rose 59% since Oct 2025. Monthly average of 20,367 bbl in the latest 3 months, against 12,809 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the 9 months reported

Flaring peaked at 15.2% of the gas in Nov 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a transmission line in the 9 months reportedShare of REDINGTON 43-18 L gas by disposition code each month, Oct 2025 to Jul 2026. 92% of the gas went to a transmission line in the 9 months reported. Flaring peaked at 15.2% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.2%Oct 25Jan 26AprJul
92% of the gas went to a transmission line in the 9 months reportedShare of REDINGTON 43-18 L gas by disposition code each month, Oct 2025 to Jul 2026. 92% of the gas went to a transmission line in the 9 months reported. Flaring peaked at 15.2% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Flared 15.2%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 396,435 mcf

  • Lease fuel (1)

    5.8% · 24,971 mcf

  • Flared (4)

    1.7% · 7,474 mcf

1.7% of the gas flared in the 9 months reported. 3 months above 3%.

1 well on this lease

Wells on REDINGTON 43-18 L
API numberWell no.Status
42-317-4673112WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Delek Marketing & Supply, LPOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 7, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 7, 2025Mar 1, 2026
Dk Trading & Supply, LLCOilGathers100Aug 7, 2025Mar 1, 2026

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

Who buys my oilOil price check

1,287.81 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Redington 43-18 L
API numberWell no.Acreson the permit
42-317-4673112WA1,287.81

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

10 months, newest first

Ledger for REDINGTON 43-18 L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202616,63116,62954,14450,63299$80.46$2.89
Jun 202619,84319,90665,28560,6751,243$84.81$3.15
May 202624,62824,62165,84062,498124$102.13$2.94
Apr 202628,43728,48460,97157,426471$100.32$2.77
Mar 202631,00731,02152,14548,95174$91.38$3.04
Feb 202634,48334,44946,17440,5162,807$64.51$3.62
Jan 202638,38838,37639,12634,9521,237$60.04$7.72
Dec 202534,64134,58342,80839,0041,055$57.97$4.26
Nov 20253,7873,7302,3871,781364$60.06$3.79
Oct 202500000$60.89$3.19

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

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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