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Texas oil lease

Producing

RICK DINNER EAST O 1228-1227

Rick Dinner East O 1228-1227 is an oil lease in Reagan County, Texas, operated by De Central Operating, LLC in the Spraberry (Trend Area) field.

2 wells

53,495bbl oil, last 12 months−69% vs prior year
RRC lease
7C-22450

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
434,943 mcf
Oil in Jul 2026
4,626 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: De Central Operating, LLC took over from De IV Operating, LLC in Mar 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

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 fell 69% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for RICK DINNER EAST O 1228-1227, Jun 2024 to Jul 2026. Oil output fell 69% over the last 12 months. 53,495 bbl in the 12 months through Jul 2026, against 171,510 bbl in the 12 months before.Last 12 months: 53,495 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for RICK DINNER EAST O 1228-1227, Jun 2024 to Jul 2026. Oil output fell 69% over the last 12 months. 53,495 bbl in the 12 months through Jul 2026, against 171,510 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of RICK DINNER EAST O 1228-1227 gas by disposition code each month, Jun 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Jul 24OctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of RICK DINNER EAST O 1228-1227 gas by disposition code each month, Jun 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 431,108 mcf

  • Flared (4)

    0.9% · 3,835 mcf

0.9% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2025

Operators of this lease over timeDe IV Operating, LLC, Jun 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCJun 2024 to Feb 2025De Central Operating, LLCMar 2025 to now
Operators of this lease over timeDe IV Operating, LLC, Jun 2024 to Feb 2025; De Central Operating, LLC, Mar 2025 to Jul 202620252026Changed Mar 2025De IV Operating, LLCJun 2024 to Feb 2025De Central Operating, LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on RICK DINNER EAST O 1228-1227
API numberWell no.Status
42-383-416494415HActive
42-383-416504215HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 1, 2024
Brazos Midland Gas, LLCCasinghead gasBuys100Jun 1, 2024
Brazos Midland Gas, LLCCasinghead gasGathers100Jun 1, 2024

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

598.45 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 Rick Dinner East O 1228-1227
API numberWell no.Acreson the permit
42-383-416504215H598.45
42-383-416494415H598.45

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

26 months, newest first

Ledger for RICK DINNER EAST O 1228-1227
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026De Central4,6264,52636,77336,74330$80.46$2.89
Jun 2026De Central4,5904,58237,97037,673297$84.81$3.15
May 2026De Central4,8154,77045,53445,371163$102.13$2.94
Apr 2026De Central4,8964,93247,10747,1034$100.32$2.77
Mar 2026De Central5,1255,07644,80344,348455$91.38$3.04
Feb 2026De Central4,9554,94243,73143,67556$64.51$3.62
Jan 2026De Central5,6355,75146,55545,992563$60.04$7.72
Dec 2025De Central5,9045,76831,25530,683572$57.97$4.26
Nov 2025De Central2,2352,24619,65419,63222$60.06$3.79
Oct 2025De Central2,5032,51021,64319,9721,671$60.89$3.19
Sep 2025De Central2,7222,76921,91521,9150$63.96$2.97
Aug 2025De Central5,4895,51838,00338,0012$64.86$2.91
Jul 2025De Central7,1637,14443,87543,496379$68.39$3.20
Jun 2025De Central8,0198,02547,65947,6581$68.17$3.02
May 2025De Central9,1259,11755,10555,02976$62.17$3.12
Apr 2025De Central10,25110,34857,37457,3731$63.54$3.42
Mar 2025De Central12,55612,48664,77364,577196$68.24$4.12
Feb 2025De IV11,40611,46250,53050,5264$71.53$4.19
Jan 2025De IV14,99414,96759,18059,08694$75.74$4.13
Dec 2024De IV17,35317,36959,08957,4041,685$70.12$3.01
Nov 2024De IV18,47618,43852,67752,270407$69.95$2.12
Oct 2024De IV20,20620,21242,52742,000527$71.99$2.20
Sep 2024De IV20,44320,44132,64032,54496$70.24$2.28
Aug 2024De IV21,51821,56221,67116,4095,262$76.68$1.99
Jul 2024De IV18,90318,82316,30511,2955,010$81.80$2.07
Jun 2024De IV1,3401,1947070707$79.77$2.54

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

Spraberry (Trend Area) field

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