Texas oil lease
Shut inREED 1 D
Reed 1 D is an oil lease in Howard County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Howard County
- RRC lease
- 08-51747
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 47,199 mcf
- Oil in Jul 2026
- 0 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.
- Sales
No sales reported for the last 5 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 79% 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 16.7% of the gas in Dec 2023.
- Transmission line (2)
- Other (5 to 8)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
94% · 171,294 mcf
Other (5 to 8)
5.5% · 10,033 mcf
Flared (4)
0.6% · 1,095 mcf
0.6% of the gas flared in the last 12 months. 7 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-227-39291 | 3WA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Et-S Permian Pipeline Company Ll | Oil | Gathers | 100 | Mar 1, 2026 | – |
| 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 |
| Energy Transfer Company | Oil | Gathers | 100 | Feb 1, 2025 | Mar 1, 2026 |
| Nustar Permian Trans and Stg,llc | Oil | Gathers | 50 | Aug 1, 2024 | Feb 1, 2025 |
| Shell Trading (Us) Company | Oil | Gathers | 50 | Aug 1, 2024 | Feb 1, 2025 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Feb 1, 2023 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Feb 1, 2023 | Aug 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-227-39291 | 3WA | Nov 3, 2017 | Jun 22, 2018 | 720.64 |
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 | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026 | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026 | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026 | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026 | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026 | 0 | 3 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026 | 44 | 56 | 432 | 432 | 0 | $60.04 | $7.72 |
| Dec 2025 | 64 | 60 | 1,550 | 1,418 | 0 | $57.97 | $4.26 |
| Nov 2025 | 169 | 158 | 9,269 | 8,300 | 0 | $60.06 | $3.79 |
| Oct 2025 | 0 | 63 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025 | 308 | 267 | 12,659 | 12,449 | 210 | $63.96 | $2.97 |
| Aug 2025 | 649 | 659 | 23,289 | 23,289 | 0 | $64.86 | $2.91 |
| Jul 2025 | 735 | 761 | 24,029 | 24,029 | 0 | $68.39 | $3.20 |
| Jun 2025 | 597 | 619 | 21,655 | 21,510 | 145 | $68.17 | $3.02 |
| May 2025 | 572 | 526 | 23,209 | 22,704 | 505 | $62.17 | $3.12 |
| Apr 2025 | 368 | 372 | 18,817 | 18,817 | 0 | $63.54 | $3.42 |
| Mar 2025 | 407 | 394 | 18,133 | 16,249 | 0 | $68.24 | $4.12 |
| Feb 2025 | 319 | 342 | 13,590 | 9,952 | 235 | $71.53 | $4.19 |
| Jan 2025 | 386 | 387 | 15,790 | 12,145 | 0 | $75.74 | $4.13 |
| Dec 2024 | 470 | 451 | 11,511 | 10,142 | 1,369 | $70.12 | $3.01 |
| Nov 2024 | 468 | 464 | 10,668 | 10,668 | 0 | $69.95 | $2.12 |
| Oct 2024 | 565 | 573 | 18,762 | 16,011 | 2,751 | $71.99 | $2.20 |
| Sep 2024 | 433 | 431 | 18,746 | 18,746 | 0 | $70.24 | $2.28 |
| Aug 2024 | 445 | 467 | 20,275 | 19,745 | 0 | $76.68 | $1.99 |
| Jul 2024 | 562 | 515 | 20,557 | 17,163 | 0 | $81.80 | $2.07 |
| Jun 2024 | 112 | 105 | 3,142 | 2,525 | 0 | $79.77 | $2.54 |
| May 2024 | 0 | 29 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024 | 597 | 614 | 16,494 | 11,805 | 991 | $85.35 | $1.60 |
| Mar 2024 | 952 | 938 | 23,122 | 11,188 | 0 | $81.28 | $1.49 |
| Feb 2024 | 954 | 974 | 23,915 | 14,120 | 880 | $77.25 | $1.72 |
| Jan 2024 | 1,159 | 1,135 | 20,507 | 14,398 | 0 | $74.15 | $3.18 |
| Dec 2023 | 1,058 | 1,088 | 22,187 | 14,801 | 3,697 | $71.90 | $2.52 |
| Nov 2023 | 1,102 | 1,113 | 22,262 | 17,941 | 0 | $77.69 | $2.71 |
| Oct 2023 | 1,226 | 1,193 | 23,615 | 15,889 | 3,142 | $85.64 | $2.98 |
| Sep 2023 | 1,224 | 1,227 | 27,846 | 23,017 | 426 | $89.43 | $2.64 |
| Aug 2023 | 1,246 | 1,252 | 24,561 | 19,757 | 952 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Howard County
- SHAW FARMS UNIT
3,374 bbl
- GRANTHAM 12
2,300 bbl
- ADAMS 37A
3,056 bbl
- NICHOLS 17
2,437 bbl
- HOMAN -29-
2,691 bbl
- ROMAN 20
2,338 bbl
- GRANTHAM 13
1,858 bbl
- MCGREGOR "14A"
2,080 bbl
- GASKINS 21
1,846 bbl
- ADAMS, BILLIE RUTH 38
2,490 bbl
Spraberry (Trend Area) field
- NEWTON 13
2,222 bbl
- CHENIN
2,693 bbl
- GRAHAM "19"
3,257 bbl
- MCKANDLES, B.F. -B-
2,469 bbl
- UNIVERSITY 7-30
3,169 bbl
- HAAG "A"
3,020 bbl
- BOWLIN 13 UNIT
2,594 bbl
- WOODWARD "1"
3,245 bbl
- MCCLANE
3,089 bbl
- HALL TRUST
3,186 bbl
Leases within 10 km
- REED 1 C
4,109 bbl · 0 km
- REED 1 E
4,791 bbl · 0 km
- REED 1 B
2,754 bbl · 0 km
- SMITH SN 48-37 02
11,560 bbl · 0.2 km
- SMITH SN 48-37-36 03
36,622 bbl · 0.2 km
- SMITH SN 48-37-36 04
25,922 bbl · 0.2 km
- REED 1 F
3,292 bbl · 0.3 km
- REED 1 G
6,795 bbl · 0.3 km
- REED 1 A
21,188 bbl · 0.3 km
- SMITH SN 48-37 03
0 bbl · 0.3 km
Drilling permits within 10 km
MIDDLETON UNIT A 47-38 #2MH
new drill · horizontal · Surge Operating, LLC · Howard County · 8.9 km
Permit 0918456 · Sep 11, 2026
MIDDLETON UNIT A 47-38 #3CH
new drill · horizontal · Surge Operating, LLC · Howard County · 8.9 km
Permit 0918461 · Sep 11, 2026
MIDDLETON UNIT A 47-38 #3MH
new drill · horizontal · Surge Operating, LLC · Howard County · 8.9 km
Permit 0918463 · Sep 11, 2026
JENSEN 52 #2
new drill · Junction Resources Op, LLC · Martin County · 8.5 km
Permit 0916016 · Jun 11, 2026
BANNER EAST #14H
new drill · horizontal · Petroplex Energy Inc. · Borden County · 9.8 km
Permit 0914555 · Jun 2, 2026