Texas oil lease

Producing

SHELBY 34-22 K

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

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

1 well

86,123bbl oil, since May 2026

Operator: Diamondback E&P LLC
County: Reagan County
Field: Spraberry (Trend Area)
RRC lease: 7C-23619

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Where it sits

This county

Reagan County

Gas, since May 2026: 135,917 mcf
Oil in Jul 2026: 51,538 bbl

First check

Production started May 2026; the first check is due by about September 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

86% of the gas went to a transmission line in the 3 months reported

Flaring peaked at 84.9% of the gas in May 2026.

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Transmission line (2)
86% · 117,242 mcf
Flared (4)
8.6% · 11,755 mcf
Lease fuel (1)
5.1% · 6,920 mcf

8.6% of the gas flared in the 3 months reported. 3 months above 3%.

1 well on this lease

Wells on SHELBY 34-22 K
API number	Well no.	Status
42-383-42108	5WB	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

972.74 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 K
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-383-42108	5WB	Jun 10, 2025	Sep 17, 2025	972.74	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 K
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	51,538	51,522	89,531	80,745	4,878	$80.46	$2.89
Jun 2026	31,302	31,417	41,357	36,497	2,607	$84.81	$3.15
May 2026	3,283	3,094	5,029	0	4,270	$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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