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Texas oil lease

Producing

RIDGWAY 2

Ridgway 2 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

14,550bbl oil, last 12 months−50% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-53862

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
29,299 mcf
Oil in Jul 2026
379 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

    Sales over the last 3 months fell to 25% of the 9 months before.

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 50% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for RIDGWAY 2, Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 14,550 bbl in the 12 months through Jul 2026, against 29,258 bbl in the 12 months before.Last 12 months: 14,550 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for RIDGWAY 2, Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 14,550 bbl in the 12 months through Jul 2026, against 29,258 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line

Flaring peaked at 80.3% of the gas in Aug 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of RIDGWAY 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 80.3% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to fuelFlared 80.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of RIDGWAY 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 80.3% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Apr 26: line to fuelFlared 80.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 26,890 mcf

  • Lease fuel (1)

    15% · 4,933 mcf

  • Flared (4)

    0.6% · 195 mcf

0.6% of the gas flared in the last 12 months. 9 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2023

Operators of this lease over timeLario Oil & Gas Company, Jan 2020 to Jan 2023; Diamondback E&P LLC, Feb 2023 to Jul 20262020202120222023202420252026Changed Feb 2023Lario Oil & Gas CompanyJan 2020 to Jan 2023Diamondback E&P LLCFeb 2023 to now
Operators of this lease over timeLario Oil & Gas Company, Jan 2020 to Jan 2023; Diamondback E&P LLC, Feb 2023 to Jul 20262020202120222023202420252026Changed Feb 2023Lario Oil & Gas CompanyJan 2020 to Jan 2023Diamondback E&P LLCFeb 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RIDGWAY 2
API numberWell no.Status
42-317-42074102Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Delek Crude Logistics, LLCOilGathers100Feb 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Delek Crude Logistics, LLCCasinghead gasGathers100Feb 1, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Feb 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 4, 2019Feb 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 4, 2019Feb 1, 2023
Lion Oil Trading & Trans, LLCOilGathers100Sep 4, 2019Feb 1, 2023

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

Who buys my oilOil price check

702.09 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 Ridgway 2
API numberWell no.Acreson the permit
42-317-42074102702.09

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 RIDGWAY 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P379322000$80.46$2.89
Jun 2026Diamondback E&P4924731730$84.81$3.15
May 2026Diamondback E&P3313181,1081560$102.13$2.94
Apr 2026Diamondback E&P8611520500$100.32$2.77
Mar 2026Diamondback E&P1,2501,3142,2792,0270$91.38$3.04
Feb 2026Diamondback E&P9149212,5472,1210$64.51$3.62
Jan 2026Diamondback E&P1,4351,7723,2142,6660$60.04$7.72
Dec 2025Diamondback E&P1,5071,1523,4232,758195$57.97$4.26
Nov 2025Diamondback E&P2,1662,1753,4373,0190$60.06$3.79
Oct 2025Diamondback E&P1,8771,9024,0583,7270$60.89$3.19
Sep 2025Diamondback E&P1,5191,6383,0282,6550$63.96$2.97
Aug 2025Diamondback E&P2,5942,4575,9835,3720$64.86$2.91
Jul 2025Diamondback E&P9619262,7192,3860$68.39$3.20
Jun 2025Diamondback E&P1,6151,6443,1752,7861$68.17$3.02
May 2025Diamondback E&P2,4962,6023,9333,5700$62.17$3.12
Apr 2025Diamondback E&P1,9771,8884,9844,45986$63.54$3.42
Mar 2025Diamondback E&P2,9322,9106,1235,57127$68.24$4.12
Feb 2025Diamondback E&P2,5022,5308,0177,25229$71.53$4.19
Jan 2025Diamondback E&P2,5242,5998,2367,3531$75.74$4.13
Dec 2024Diamondback E&P3,1053,0069,1078,4208$70.12$3.01
Nov 2024Diamondback E&P3,3253,3248,6257,81527$69.95$2.12
Oct 2024Diamondback E&P2,7312,7077,7016,68935$71.99$2.20
Sep 2024Diamondback E&P2,5852,5787,8427,07373$70.24$2.28
Aug 2024Diamondback E&P2,5052,5188,1087,47514$76.68$1.99
Jul 2024Diamondback E&P3,3643,3698,8508,18043$81.80$2.07
Jun 2024Diamondback E&P3,3613,3747,7526,792382$79.77$2.54
May 2024Diamondback E&P3,3773,4059,6527,0561,800$80.02$2.12
Apr 2024Diamondback E&P2,0241,9756,3295,323339$85.35$1.60
Mar 2024Diamondback E&P3,7883,7956,4886,04068$81.28$1.49
Feb 2024Diamondback E&P3,3183,3213,7593,43350$77.25$1.72
Jan 2024Diamondback E&P4,7855,0018,2497,60284$74.15$3.18
Dec 2023Diamondback E&P3,7103,6256,2545,041671$71.90$2.52
Nov 2023Diamondback E&P3,9023,9487,6966,768244$77.69$2.71
Oct 2023Diamondback E&P6,3226,18512,7098,7693,023$85.64$2.98
Sep 2023Diamondback E&P2,0742,1484,8381,2763,256$89.43$2.64
Aug 2023Diamondback E&P2,9603,02813,1931,79710,590$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.

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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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