Texas oil lease
ProducingSHARK 14-23 (ALLOC-1SH)
Shark 14-23 (Alloc-1SH) is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
6 wells
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-50496
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 234,279 mcf
- Oil in Jul 2026
- 2,784 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.
See why checks stop on this leaseProduction by month
Oil output fell 33% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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 45.8% of the gas in May 2024.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 230,706 mcf
Lease fuel (1)
1.0% · 2,413 mcf
Flared (4)
0.5% · 1,160 mcf
0.5% of the gas flared in the last 12 months. 14 months above 3%.
Who has run this lease
The operator changed once, most recently in Jan 2021
- Diamondback E&P LLC Jan 2021 to now
- Guidon Energy Mgmt Services LLC Jan 2020 to Dec 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
6 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-40909 | 4LB | Active |
| 42-317-40910 | 3UB | Active |
| 42-317-40911 | 2UA | Active |
| 42-317-40912 | 1LL | Active |
| 42-317-41700 | 5UL | Active |
| 42-317-41701 | 7MM | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Delek Marketing & Supply, LP | Oil | Gathers | 100 | Mar 1, 2026 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 1, 2024 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Aug 1, 2024 | Mar 1, 2026 |
| Dk Trading & Supply, LLC | Oil | Gathers | 100 | Aug 1, 2024 | Mar 1, 2026 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Apr 1, 2019 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Apr 1, 2019 | Aug 1, 2024 |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Apr 1, 2019 | Aug 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Apr 19, 2018 | Apr 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
480 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-41701 | 7MM | Jun 15, 2023 | May 23, 2019 | 480 |
| 42-317-41700 | 5UL | Aug 9, 2018 | May 23, 2019 | 480 |
| 42-317-40909 | 4LB | Jul 7, 2017 | Apr 19, 2018 | 480 |
| 42-317-40910 | 3UB | Jul 7, 2017 | Apr 19, 2018 | 480 |
| 42-317-40911 | 2UA | Jul 7, 2017 | Apr 19, 2018 | 480 |
| 42-317-40912 | 1LL | Jul 7, 2017 | Apr 20, 2018 | 480 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 2,784 | 2,782 | 30,234 | 29,091 | 75 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 2,525 | 2,584 | 18,045 | 17,363 | 116 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 4,132 | 4,148 | 27,061 | 26,708 | 7 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 4,344 | 4,354 | 18,714 | 18,382 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 4,738 | 4,720 | 15,175 | 15,072 | 2 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 2,186 | 2,243 | 6,409 | 6,398 | 11 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 3,865 | 3,797 | 7,372 | 6,815 | 557 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 3,947 | 4,008 | 12,338 | 12,331 | 7 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 4,411 | 4,762 | 21,746 | 21,361 | 385 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 5,861 | 5,804 | 25,593 | 25,593 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 5,894 | 5,551 | 23,858 | 23,858 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 6,273 | 6,255 | 27,734 | 27,734 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 6,291 | 6,372 | 25,487 | 24,658 | 829 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 6,703 | 6,753 | 25,344 | 25,344 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 5,911 | 5,893 | 22,876 | 22,818 | 58 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 6,556 | 6,504 | 24,790 | 23,190 | 1,600 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 6,005 | 5,955 | 26,394 | 23,726 | 2,668 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 5,880 | 5,866 | 23,223 | 21,430 | 1,793 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 6,699 | 6,709 | 23,577 | 23,510 | 67 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 7,087 | 7,151 | 23,957 | 20,958 | 2,999 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 6,333 | 6,306 | 20,186 | 18,937 | 1,249 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 5,843 | 5,810 | 20,871 | 18,155 | 2,716 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 6,219 | 6,203 | 22,640 | 17,286 | 5,354 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 6,748 | 6,766 | 22,361 | 22,361 | 0 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 6,360 | 6,515 | 20,014 | 20,014 | 0 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 6,508 | 6,380 | 20,764 | 20,764 | 0 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 5,697 | 5,672 | 16,183 | 8,771 | 7,412 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 5,282 | 5,269 | 15,733 | 14,061 | 1,672 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 6,193 | 6,258 | 18,974 | 18,974 | 0 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 5,754 | 5,567 | 15,092 | 14,964 | 128 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 2,381 | 2,518 | 6,548 | 5,552 | 996 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 5,223 | 5,225 | 15,223 | 10,941 | 4,282 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 5,966 | 5,995 | 15,548 | 15,301 | 247 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 4,807 | 4,654 | 11,122 | 9,593 | 1,529 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 2,111 | 2,059 | 12,747 | 12,552 | 195 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 1,113 | 1,203 | 11,248 | 11,248 | 0 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- HALSEY
53,723 bbl
- JAGUAR EAST 62-102 L
58,288 bbl
- ORVIS 37-36 B
50,958 bbl
- CAMPBELL WEST SN 134-321 02
48,997 bbl
- LIBERTY BELLE 23-18 UNIT 2
49,820 bbl
- CHAMONIX 247 G
53,463 bbl
- HOLT RANCH 22-9 (ALLOC-4NH)
45,908 bbl
- RIO 27-10 M
54,728 bbl
- MARIE A
48,843 bbl
- JOHN B
44,237 bbl
Spraberry (Trend Area) field
- MIDNIGHT BOURBON WEST B
47,107 bbl
- ONEAL-ANNIE 15J
53,482 bbl
- COWDEN 32D
43,650 bbl
- STIMSON W17F
52,502 bbl
- DRIVER W5D
41,300 bbl
- LIBERTY BELLE 23-18 UNIT 2
49,820 bbl
- MABEE 7R
53,342 bbl
- JAVAID CENTRAL 40J
57,220 bbl
- KELLY-IVERSON 5B
55,011 bbl
- BOULTINGHOUSE-LYNCH 1114 E
59,181 bbl
Leases within 10 km
- WALKER 14-11 (ALLOC-2NH)
14,214 bbl · 0.1 km
- SHARK 14-23 (ALLOC-2SH)
32,862 bbl · 0.1 km
- WALKER 14-11 (ALLOC-1NH)
16,684 bbl · 0.3 km
- LCS
0 bbl · 0.3 km
- FIVE WAY 15
42,871 bbl · 0.5 km
- WALKER "14"
1,444 bbl · 0.5 km
- WALKER 14-11 (ALLOC-3NH)
14,317 bbl · 0.5 km
- WALKER 14-11 (ALLOC -4NH)
8,522 bbl · 0.5 km
- WALKER 14-11 (ALLOC-5NH)
12,431 bbl · 0.5 km
- WALKER 14-11 (ALLOC-6NH)
29,178 bbl · 0.9 km
Drilling permits within 10 km
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 4 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 4 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 4 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 4 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 4 km
Permit 0918594 · Sep 17, 2026