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Texas oil lease

Producing

RIO 27-15 C

Rio 27-15 C is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

88,678bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61942

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
266,400 mcf
Oil in Jul 2026
6,506 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.

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Production by month

Oil output fell 76% since Dec 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 76% since Dec 2024Monthly oil production and gas for RIO 27-15 C, Dec 2024 to Jul 2026. Oil output fell 76% since Dec 2024. Monthly average of 6,639 bbl in the latest 3 months, against 27,593 bbl in the first 3.Last 12 months: 88,678 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25AprJulOctJan 26AprJul
Oil output fell 76% since Dec 2024Monthly oil production and gas for RIO 27-15 C, Dec 2024 to Jul 2026. Oil output fell 76% since Dec 2024. Monthly average of 6,639 bbl in the latest 3 months, against 27,593 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 28.8% of the gas in Jan 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of RIO 27-15 C gas by disposition code each month, Dec 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 28.8% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 28.8%Jan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of RIO 27-15 C gas by disposition code each month, Dec 2024 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 28.8% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 28.8%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 261,146 mcf

  • Flared (4)

    1.6% · 4,360 mcf

  • Lease fuel (1)

    0.3% · 894 mcf

1.6% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on RIO 27-15 C
API numberWell no.Status
42-317-445653LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Apr 24, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Apr 24, 2024Mar 1, 2026
Dk Trading & Supply, LLCOilGathers50Apr 24, 2024Mar 1, 2026
Oryx Midland Oil Gathering LLCOilGathers50Apr 24, 2024Mar 1, 2026

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

Who buys my oilOil price check

1,288.49 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 Rio 27-15 C
API numberWell no.Acreson the permit
42-317-445653LS1,288.49

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

20 months, newest first

Ledger for RIO 27-15 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,5066,51822,02620,4071,543$80.46$2.89
Jun 20266,3046,29320,40220,229104$84.81$3.15
May 20267,1087,10426,05925,726247$102.13$2.94
Apr 20267,7997,79224,79024,566146$100.32$2.77
Mar 20268,2368,22226,50626,4240$91.38$3.04
Feb 20267,1047,11322,21022,1370$64.51$3.62
Jan 20268,0378,04823,42821,9981,356$60.04$7.72
Dec 20258,2828,27925,30725,2320$57.97$4.26
Nov 20259,0649,07126,04325,9660$60.06$3.79
Oct 202510,95010,92722,77021,736964$60.89$3.19
Sep 20251862124094080$63.96$2.97
Aug 20259,1029,13026,45026,3170$64.86$2.91
Jul 202517,88417,89648,11346,3061,579$68.39$3.20
Jun 202521,10121,09045,88745,537143$68.17$3.02
May 202525,84825,86248,95648,7450$62.17$3.12
Apr 202528,92828,89141,23338,9602,071$63.54$3.42
Mar 202533,93033,96642,20034,4687,518$68.24$4.12
Feb 202530,16330,13236,80636,5620$71.53$4.19
Jan 202534,49834,50257,94140,83816,711$75.74$4.13
Dec 202418,11818,07621,62820,755771$70.12$3.01

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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