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Texas oil lease

Producing

SAXON L

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

1 well

8,388bbl oil, last 12 months−48% vs prior year
Operator
Diamondback E&P LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-51631

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
163,916 mcf
Oil in Jul 2026
659 bbl

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for SAXON L, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 8,388 bbl in the 12 months through Jul 2026, against 16,128 bbl in the 12 months before.Last 12 months: 8,388 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for SAXON L, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 8,388 bbl in the 12 months through Jul 2026, against 16,128 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 156,989 mcf

  • Lease fuel (1)

    4.2% · 6,910 mcf

  • Flared (4)

    0.0% · 17 mcf

1 well on this lease

Wells on SAXON L
API numberWell no.Status
42-173-376021104WBActive

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 L
API numberWell no.Acreson the permit
42-173-376021104WB804.01

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 L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202665967110,64010,6200$80.46$2.89
Jun 202670368413,73513,7030$84.81$3.15
May 202661662913,00012,6590$102.13$2.94
Apr 202670870614,03813,7660$100.32$2.77
Mar 202676774417,37416,9240$91.38$3.04
Feb 202656856616,56515,61217$64.51$3.62
Jan 202668589013,07612,2630$60.04$7.72
Dec 202563946117,12215,7120$57.97$4.26
Nov 202573273214,53713,2300$60.06$3.79
Oct 20259331,09113,68613,3390$60.89$3.19
Sep 202575658314,17613,7620$63.96$2.97
Aug 20256226345,9675,3990$64.86$2.91
Jul 20258098763,9823,4380$68.39$3.20
Jun 20251,0409626,5095,8860$68.17$3.02
May 20256096829,5068,4050$62.17$3.12
Apr 20256525644,9853,7040$63.54$3.42
Mar 20256116077,0075,7200$68.24$4.12
Feb 20254184486,9385,6040$71.53$4.19
Jan 20259459563,2801,9500$75.74$4.13
Dec 20241,5531,5662,0687810$70.12$3.01
Nov 20241,5941,5803,4412,2110$69.95$2.12
Oct 20243,1303,1468,9007,6530$71.99$2.20
Sep 20242,5812,6096,4425,2390$70.24$2.28
Aug 20242,1862,2984,7363,6060$76.68$1.99
Jul 20248467013,7082,8230$81.80$2.07
Jun 20245855664,4073,0620$79.77$2.54
May 20241,2751,25510,4948,1650$80.02$2.12
Apr 20248438346,4984,1820$85.35$1.60
Mar 20246447295,4672,54952$81.28$1.49
Feb 20244763943,8632,2930$77.25$1.72
Jan 20247607474,9533,3860$74.15$3.18
Dec 20237717746,4733,5590$71.90$2.52
Nov 20236786914,9783,0760$77.69$2.71
Oct 20239749664,5432,5620$85.64$2.98
Sep 20236246103,4552,7730$89.43$2.64
Aug 20232222151,9761,8480$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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