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Texas oil lease

Producing

SAXON K

Saxon K is an oil lease in Glasscock County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

15,395bbl oil, last 12 months+46% vs prior year
Operator
Diamondback E&P LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-51614

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
66,612 mcf
Oil in Jul 2026
1,059 bbl

Production by month

Oil output rose 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 46% over the last 12 monthsMonthly oil production and gas for SAXON K, Aug 2023 to Jul 2026. Oil output rose 46% over the last 12 months. 15,395 bbl in the 12 months through Jul 2026, against 10,511 bbl in the 12 months before.Last 12 months: 15,395 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 46% over the last 12 monthsMonthly oil production and gas for SAXON K, Aug 2023 to Jul 2026. Oil output rose 46% over the last 12 months. 15,395 bbl in the 12 months through Jul 2026, against 10,511 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2025 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2025 the lease's gas goes to a transmission line instead of lease fuelShare of SAXON K gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2025 the lease's gas goes to a transmission line instead of lease fuelShare of SAXON K gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Aug 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    80% · 53,117 mcf

  • Lease fuel (1)

    20% · 13,492 mcf

  • Flared (4)

    0.0% · 3 mcf

1 well on this lease

Wells on SAXON K
API numberWell no.Status
42-173-376031104WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 1, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 1, 2019–
Eastex Crude CompanyOilGathers10Feb 1, 2023Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers80Feb 1, 2023Feb 1, 2025
Shell Trading (Us) CompanyOilGathers10Feb 1, 2023Feb 1, 2025
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Feb 1, 2023
Nustar Permian Trans and Stg,llcOilGathers25Jan 1, 2023Feb 1, 2023
Shell Trading (Us) CompanyOilGathers50Jan 1, 2023Feb 1, 2023

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

Who buys my oilOil price check

804.01 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 Saxon K
API numberWell no.Acreson the permit
42-173-376031104WA804.01

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 SAXON K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0591,0834,5854,2970$80.46$2.89
Jun 20261,1831,1684,8124,5250$84.81$3.15
May 20261,2861,2943,9502,4810$102.13$2.94
Apr 20261,2391,2504,9143,8330$100.32$2.77
Mar 20261,5311,4817,3145,8940$91.38$3.04
Feb 20261,0721,0484,4922,9693$64.51$3.62
Jan 20268561,4315,6154,7320$60.04$7.72
Dec 20251,6581,1597,0785,6730$57.97$4.26
Nov 20251,4321,4364,5953,1220$60.06$3.79
Oct 20251,8902,1417,3605,7270$60.89$3.19
Sep 20251,2909846,7735,8150$63.96$2.97
Aug 20258999185,1244,0490$64.86$2.91
Jul 20251,2151,1541,1933140$68.39$3.20
Jun 20251812112411520$68.17$3.02
May 20257027821,1373320$62.17$3.12
Apr 20257296571,3201490$63.54$3.42
Mar 20251,2281,2335,6234,4510$68.24$4.12
Feb 20251,0881,0946,3825,2050$71.53$4.19
Jan 20251,2051,1845,7994,3210$75.74$4.13
Dec 20241,1511,1792,2208340$70.12$3.01
Nov 20241,5521,4921,610550$69.95$2.12
Oct 20248278261,515390$71.99$2.20
Sep 20245115019061310$70.24$2.28
Aug 20241221232,7371,8960$76.68$1.99
Jul 2024272218180$81.80$2.07
Jun 2024141413130$79.77$2.54
May 2024424511110$80.02$2.12
Apr 20241221217,6265,1510$85.35$1.60
Mar 202484948,1815,786118$81.28$1.49
Feb 202459555,5654,9360$77.25$1.72
Jan 20242472432,2431,2010$74.15$3.18
Dec 20232722704,4693,2280$71.90$2.52
Nov 20231131236,6724,8620$77.69$2.71
Oct 20233923925,1273,8030$85.64$2.98
Sep 20233273386,6285,0660$89.43$2.64
Aug 20234624517,0134,2470$81.39$2.58

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)CountyGlasscock County

Diamondback E&P LLC in Glasscock County

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Spraberry (Trend Area) field

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