Skip to content
Royalty Clerk

Texas oil lease

Producing

REED 1 C

Reed 1 C is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

4,109bbl oil, last 12 months−3% vs prior year
Operator
Diamondback E&P LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-51703

Is your check right?

Check my statement

Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
71,289 mcf
Oil in Jul 2026
660 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.

See why checks stop on this lease

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for REED 1 C, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 4,109 bbl in the 12 months through Jul 2026, against 4,234 bbl in the 12 months before.Last 12 months: 4,109 bblbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for REED 1 C, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 4,109 bbl in the 12 months through Jul 2026, against 4,234 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kJan 24JulJan 25JulJan 26Jul

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)
Since Apr 2024 the lease's gas goes to a transmission line instead of other usesShare of REED 1 C gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: other to lineFlared 21.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of other usesShare of REED 1 C gas by disposition code each month, Aug 2023 to Jul 2026. 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.Share of gas by disposition code0%50%100%Apr 24: other to lineFlared 21.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 66,966 mcf

  • Other (5 to 8)

    6.1% · 4,340 mcf

1 well on this lease

Wells on REED 1 C
API numberWell no.Status
42-227-392902LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et-S Permian Pipeline Company LlOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers50Aug 1, 2024Feb 1, 2025
Shell Trading (Us) CompanyOilGathers50Aug 1, 2024Feb 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Feb 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Feb 1, 2023Aug 1, 2024

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

Who buys my oilOil price check

720.64 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Reed 1 C
API numberWell no.Acreson the permit
42-227-392902LS720.64

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

36 months, newest first

Ledger for REED 1 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202666066815,79711,8320$80.46$2.89
Jun 202655457414,19514,1260$84.81$3.15
May 202677371416,76216,7620$102.13$2.94
Apr 20261832103,3583,3260$100.32$2.77
Mar 202663161213,84113,8410$91.38$3.04
Feb 20263132864,3204,3200$64.51$3.62
Jan 2026080000$60.04$7.72
Dec 20253222541,9501,7840$57.97$4.26
Nov 20251991901,0349260$60.06$3.79
Oct 20254668110$60.89$3.19
Sep 2025128113440$63.96$2.97
Aug 202530030427270$64.86$2.91
Jul 202531129717170$68.39$3.20
Jun 202502550$68.17$3.02
May 2025141272470816$62.17$3.12
Apr 2025041000$63.54$3.42
Mar 202543142011,78910,5640$68.24$4.12
Feb 20253794159,8887,241171$71.53$4.19
Jan 202553352510,8198,3210$75.74$4.13
Dec 20245535306,3915,631760$70.12$3.01
Nov 20245385255,5745,5740$69.95$2.12
Oct 20244825028,3677,1401,227$71.99$2.20
Sep 202452751811,55211,5520$70.24$2.28
Aug 202446648413,67713,3200$76.68$1.99
Jul 202452351713,65111,3970$81.80$2.07
Jun 202471472112,91710,3810$79.77$2.54
May 202494894018,19410,1913,847$80.02$2.12
Apr 202492493016,89612,0931,015$85.35$1.60
Mar 20241,01899915,5417,5200$81.28$1.49
Feb 202491993215,5209,163571$77.25$1.72
Jan 202499297314,89310,4560$74.15$3.18
Dec 202394396013,5569,0432,259$71.90$2.52
Nov 202379880111,1248,9650$77.69$2.71
Oct 202380478712,4878,4021,661$85.64$2.98
Sep 202393491710,1528,392155$89.43$2.64
Aug 20233493632,7432,207106$81.39$2.58

Flared above 3%

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyHoward County

Diamondback E&P LLC in Howard County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km