Texas oil lease
ProducingREED 1 A
Reed 1 A is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
3 wells
- Operator
- Diamondback E&P LLC
- County
- Howard County
- RRC lease
- 08-47783
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 503,790 mcf
- Oil in Jul 2026
- 1,874 bbl
Production by month
Oil output held steady over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Apr 2024 the lease's gas goes to a transmission line instead of other uses
Flaring peaked at 21.1% of the gas in May 2024.
- Transmission line (2)
- Other (5 to 8)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
96% · 481,987 mcf
Other (5 to 8)
4.2% · 21,086 mcf
Flared (4)
0.1% · 717 mcf
0.1% of the gas flared in the last 12 months. 8 months above 3%.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-227-38618 | 1LS | Active |
| 42-227-38619 | 1WA | Active |
| 42-227-38656 | 1WB | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Explore Logistics LLC | Oil | Gathers | 100 | Aug 1, 2024 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 1, 2024 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Aug 1, 2024 | Mar 1, 2026 |
| Wtg Gas Processing, LLC | Casinghead gas | Gathers | 100 | Jan 1, 2023 | Aug 1, 2024 |
| Wtg Gas Processing, LLC | Casinghead gas | Buys | 100 | Jan 1, 2023 | Aug 1, 2024 |
| Eastex Crude Company, LLC | Oil | Gathers | 50 | Jan 1, 2023 | Aug 1, 2024 |
| Explore Logistics LLC | Oil | Gathers | 50 | Jan 1, 2023 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Dec 29, 2015 | Jan 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
720 acres on the newest permit
An allocation well is on this lease
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-227-38656 | 1WB | Oct 28, 2015 | Dec 29, 2015 | 720 |
| 42-227-38618 | 1LS | Aug 28, 2015 | Jan 31, 2016 | 720 |
| 42-227-38619 | 1WA | Aug 28, 2015 | Jan 15, 2016 | 720 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 1,874 | 1,919 | 51,772 | 38,777 | 0 | $80.46 | $2.89 |
| Jun 2026 | 1,789 | 1,798 | 45,076 | 44,858 | 0 | $84.81 | $3.15 |
| May 2026 | 1,915 | 1,925 | 43,347 | 43,347 | 0 | $102.13 | $2.94 |
| Apr 2026 | 2,004 | 1,942 | 41,768 | 41,373 | 0 | $100.32 | $2.77 |
| Mar 2026 | 1,964 | 1,953 | 47,339 | 47,339 | 0 | $91.38 | $3.04 |
| Feb 2026 | 1,568 | 1,615 | 36,868 | 36,868 | 0 | $64.51 | $3.62 |
| Jan 2026 | 1,861 | 2,168 | 37,440 | 37,440 | 0 | $60.04 | $7.72 |
| Dec 2025 | 1,913 | 1,522 | 43,134 | 39,452 | 0 | $57.97 | $4.26 |
| Nov 2025 | 1,528 | 1,631 | 36,319 | 32,523 | 0 | $60.06 | $3.79 |
| Oct 2025 | 2,122 | 2,338 | 44,165 | 44,165 | 0 | $60.89 | $3.19 |
| Sep 2025 | 2,028 | 1,632 | 43,261 | 42,544 | 717 | $63.96 | $2.97 |
| Aug 2025 | 622 | 627 | 33,301 | 33,301 | 0 | $64.86 | $2.91 |
| Jul 2025 | 582 | 623 | 33,690 | 33,690 | 0 | $68.39 | $3.20 |
| Jun 2025 | 687 | 738 | 33,758 | 33,531 | 227 | $68.17 | $3.02 |
| May 2025 | 846 | 820 | 35,962 | 35,179 | 783 | $62.17 | $3.12 |
| Apr 2025 | 1,007 | 1,027 | 35,592 | 35,592 | 0 | $63.54 | $3.42 |
| Mar 2025 | 1,187 | 1,251 | 22,462 | 20,129 | 0 | $68.24 | $4.12 |
| Feb 2025 | 2,249 | 2,262 | 43,000 | 31,491 | 742 | $71.53 | $4.19 |
| Jan 2025 | 1,534 | 1,611 | 33,850 | 26,035 | 0 | $75.74 | $4.13 |
| Dec 2024 | 2,553 | 2,466 | 27,865 | 24,551 | 3,314 | $70.12 | $3.01 |
| Nov 2024 | 2,761 | 2,706 | 30,245 | 30,245 | 0 | $69.95 | $2.12 |
| Oct 2024 | 2,744 | 2,823 | 40,698 | 34,730 | 5,968 | $71.99 | $2.20 |
| Sep 2024 | 2,556 | 2,517 | 42,601 | 42,601 | 0 | $70.24 | $2.28 |
| Aug 2024 | 2,297 | 2,390 | 49,546 | 48,252 | 0 | $76.68 | $1.99 |
| Jul 2024 | 2,657 | 2,576 | 50,937 | 42,527 | 0 | $81.80 | $2.07 |
| Jun 2024 | 2,822 | 2,838 | 46,565 | 37,423 | 0 | $79.77 | $2.54 |
| May 2024 | 3,485 | 3,437 | 63,165 | 35,382 | 13,355 | $80.02 | $2.12 |
| Apr 2024 | 3,015 | 3,044 | 45,201 | 32,351 | 2,716 | $85.35 | $1.60 |
| Mar 2024 | 3,541 | 3,462 | 57,831 | 27,983 | 0 | $81.28 | $1.49 |
| Feb 2024 | 2,755 | 2,805 | 44,645 | 26,360 | 1,642 | $77.25 | $1.72 |
| Jan 2024 | 3,210 | 3,146 | 54,125 | 38,001 | 0 | $74.15 | $3.18 |
| Dec 2023 | 3,073 | 3,172 | 52,252 | 34,858 | 8,706 | $71.90 | $2.52 |
| Nov 2023 | 3,379 | 3,407 | 51,987 | 41,895 | 0 | $77.69 | $2.71 |
| Oct 2023 | 3,675 | 3,572 | 58,078 | 39,078 | 7,727 | $85.64 | $2.98 |
| Sep 2023 | 3,523 | 3,550 | 60,412 | 49,934 | 925 | $89.43 | $2.64 |
| Aug 2023 | 4,244 | 4,251 | 62,357 | 50,161 | 2,416 | $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
Diamondback E&P LLC in Howard County
- FLASH WEST F 29-20
42,472 bbl
- SMITH SN 48-37-36 03
36,622 bbl
- WILLIAMS 21 B
25,142 bbl
- BULLFROG 47 NORTH UNIT
24,777 bbl
- FLASH WEST A 29-20
40,146 bbl
- ADAMS 43-6 A
27,556 bbl
- ROMAN 19 B
25,012 bbl
- LEAP FROG 47-11 H
35,440 bbl
- BULLFROG 47 NORTH A UNIT
22,792 bbl
- POWELL SN 36-25 06
32,704 bbl
Spraberry (Trend Area) field
- LEO 8B
32,253 bbl
- LULO 2581CP
38,435 bbl
- WILLIS-BERMAN NW33CC
32,020 bbl
- WTH 21-16 D
34,111 bbl
- SHACKELFORD 39E
21,388 bbl
- DONELSON-ERWIN 10C
38,789 bbl
- RIO CONCHO 34-46 B
30,806 bbl
- UNIVERSITY 5-38D
38,446 bbl
- CAFFEY-CHIEFTAIN 3229A
36,885 bbl
- GARY THE MOUNTAINEER 23-24 D
22,053 bbl
Leases within 10 km
- SMITH SN 48-37 02
11,560 bbl · 0.2 km
- REED 1 B
2,754 bbl · 0.3 km
- REED 1 C
4,109 bbl · 0.3 km
- REED 1 D
1,234 bbl · 0.3 km
- REED 1 E
4,791 bbl · 0.3 km
- SMITH SN 48-37-36 01
22,135 bbl · 0.4 km
- DIAMONDBACK-SMITH
0 bbl · 0.4 km
- SMITH SN 48-37-36 03
36,622 bbl · 0.4 km
- SMITH SN 48-37-36 04
25,922 bbl · 0.5 km
- REED 1 F
3,292 bbl · 0.6 km
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