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SHANKS

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

1 well

465bbl oil, last 12 months−23% vs prior year
RRC lease
08-29589

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for SHANKS, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 465 bbl in the 12 months through Jul 2026, against 604 bbl in the 12 months before.Last 12 months: 465 bblbbl per monthmcf per month00501100215032004Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for SHANKS, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 465 bbl in the 12 months through Jul 2026, against 604 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501100215032004Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the 2 months reported

Flaring peaked at 100.0% of the gas in Nov 2023.

All of the gas went to flaring in the 2 months reportedShare of SHANKS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 2 months reported. Flaring peaked at 100.0% of the gas in Nov 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the 2 months reportedShare of SHANKS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 2 months reported. Flaring peaked at 100.0% of the gas in Nov 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the 2 months reported. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SHANKS
API numberWell no.Status
42-317-329581Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Enterprise M B Midstream LLCCasinghead gasBuys100Aug 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Aug 1, 2025–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023Aug 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023Aug 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Aug 1, 2025
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Dec 1, 2017Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Dec 1, 2017Jun 1, 2023

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

80 acres on the newest permit

Permits for Shanks
API numberWell no.Acreson the permit
42-317-32958180

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 SHANKS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P0121000$80.46$2.89
Jun 2026Diamondback E&P00000$84.81$3.15
May 2026Diamondback E&P00000$102.13$2.94
Apr 2026Diamondback E&P00000$100.32$2.77
Mar 2026Diamondback E&P30000$91.38$3.04
Feb 2026Diamondback E&P590000$64.51$3.62
Jan 2026Diamondback E&P40174000$60.04$7.72
Dec 2025Diamondback E&P1010000$57.97$4.26
Nov 2025Diamondback E&P430000$60.06$3.79
Oct 2025Diamondback E&P10000$60.89$3.19
Sep 2025Diamondback E&P98177000$63.96$2.97
Aug 2025Diamondback E&P120161000$64.86$2.91
Jul 2025Diamondback E&P1240000$68.39$3.20
Jun 2025Diamondback E&P90175000$68.17$3.02
May 2025Diamondback E&P00000$62.17$3.12
Apr 2025Diamondback E&P133157000$63.54$3.42
Mar 2025Diamondback E&P1180000$68.24$4.12
Feb 2025Diamondback E&P70000$71.53$4.19
Jan 2025Diamondback E&P21172000$75.74$4.13
Dec 2024Endeavor Energy250000$70.12$3.01
Nov 2024Endeavor Energy270000$69.95$2.12
Oct 2024Endeavor Energy210000$71.99$2.20
Sep 2024Endeavor Energy00000$70.24$2.28
Aug 2024Endeavor Energy380000$76.68$1.99
Jul 2024Endeavor Energy125157000$81.80$2.07
Jun 2024Endeavor Energy492000$79.77$2.54
May 2024Endeavor Energy36160101$80.02$2.12
Apr 2024Endeavor Energy1050000$85.35$1.60
Mar 2024Endeavor Energy112184000$81.28$1.49
Feb 2024Endeavor Energy13316000$77.25$1.72
Jan 2024Endeavor Energy101167000$74.15$3.18
Dec 2023Endeavor Energy115178000$71.90$2.52
Nov 2023Endeavor Energy146156303$77.69$2.71
Oct 2023Endeavor Energy10000$85.64$2.98
Sep 2023Endeavor Energy00000$89.43$2.64
Aug 2023Endeavor Energy22000$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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