Texas oil lease

Producing

SHELBY 34-22 I

Name: SHELBY 34-22 I monthly oil and gas production, Reagan County, Texas
Creator: Texas Railroad Commission

Shelby 34-22 I is an oil lease in Reagan County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

74,647bbl oil, since May 2026

Operator: Diamondback E&P LLC
County: Reagan County
Field: Spraberry (Trend Area)
RRC lease: 7C-23609

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Where it sits

This county

Reagan County

Gas, since May 2026: 175,472 mcf
Oil in Jul 2026: 50,984 bbl

First check

Production started June 2026; the first check is due by about October 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 3 reported months

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a transmission line in the 2 months reported

Flaring peaked at 6.3% of the gas in Jun 2026.

Transmission line (2)
Lease fuel (1)
Flared (4)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Transmission line (2)
90% · 157,512 mcf
Flared (4)
5.6% · 9,850 mcf
Lease fuel (1)
4.6% · 8,110 mcf

5.6% of the gas flared in the 2 months reported. 2 months above 3%.

1 well on this lease

Wells on SHELBY 34-22 I
API number	Well no.	Status
42-383-42103	3WB	Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Medallion Operating Company, LLC	Oil	Gathers	100	Sep 2, 2026
Enterprise Products Operating LLC	Casinghead gas	Buys	100	Sep 2, 2026
Enterprise Products Operating LLC	Casinghead gas	Gathers	100	Sep 2, 2026

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

Who buys my oil Oil price check

973.39 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.

Check your decimal on this lease

Permits for Shelby 34-22 I
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-383-42103	3WB	Jun 5, 2025	Aug 29, 2025	973.39	Horizontal, allocation

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.
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

3 months, newest first

Ledger for SHELBY 34-22 I
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	50,984	50,950	141,041	127,238	7,688	$80.46	$2.89
Jun 2026	23,663	23,607	34,431	30,274	2,162	$84.81	$3.15
May 2026	0	0	0	0	0	$102.13	$2.94

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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