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Royalty Clerk

Texas oil lease

Producing

SHELBY 34-22 L

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

1 well

68,016bbl oil, since May 2026
Operator
Diamondback E&P LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-23620

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, since May 2026
110,641 mcf
Oil in Jul 2026
49,742 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)
Oil output over 3 reported monthsMonthly oil production and gas for SHELBY 34-22 L, May 2026 to Jul 2026. Oil output over 3 reported months. Too few months reported to show a trend.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kOct 25Jan 26AprJul
Oil output over 3 reported monthsMonthly oil production and gas for SHELBY 34-22 L, May 2026 to Jul 2026. Oil output over 3 reported months. Too few months reported to show a trend.bbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 26Jul

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)
90% of the gas went to a transmission line in the 2 months reportedShare of SHELBY 34-22 L gas by disposition code each month, May 2026 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.3%Oct 25Jan 26AprJul
90% of the gas went to a transmission line in the 2 months reportedShare of SHELBY 34-22 L gas by disposition code each month, May 2026 to Jul 2026. 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.Share of gas by disposition code0%50%100%Flared 6.3%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 99,190 mcf

  • Flared (4)

    5.6% · 6,236 mcf

  • Lease fuel (1)

    4.7% · 5,215 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 L
API numberWell no.Status
42-383-421076WBShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Sep 2, 2026
Enterprise Products Operating LLCCasinghead gasBuys100Sep 2, 2026
Enterprise Products Operating LLCCasinghead gasGathers100Sep 2, 2026

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

Who buys my oilOil 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 L
API numberWell no.Acreson the permit
42-383-421076WB972.74

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

3 months, newest first

Ledger for SHELBY 34-22 L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202649,74249,69885,66977,1524,662$80.46$2.89
Jun 202618,27418,23124,97222,0381,574$84.81$3.15
May 202600000$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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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyReagan County

Diamondback E&P LLC in Reagan County

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Spraberry (Trend Area) field

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