Skip to content
Royalty Clerk

Texas oil lease

Producing

SHIMANO 28-40 E

Shimano 28-40 E is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

4 wells

393,066bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62387

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
1,741,205 mcf
Oil in Jul 2026
17,966 bbl

Production by month

Oil output rose 118% since Dec 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 118% since Dec 2024Monthly oil production and gas for SHIMANO 28-40 E, Dec 2024 to Jul 2026. Oil output rose 118% since Dec 2024. Monthly average of 18,486 bbl in the latest 3 months, against 8,496 bbl in the first 3.Last 12 months: 393,066 bblbbl per monthmcf per month0025k50k50k100k75k150k100k200k125k250kJan 25AprJulOctJan 26AprJul
Oil output rose 118% since Dec 2024Monthly oil production and gas for SHIMANO 28-40 E, Dec 2024 to Jul 2026. Oil output rose 118% since Dec 2024. Monthly average of 18,486 bbl in the latest 3 months, against 8,496 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0025k50k50k100k75k150k100k200k125k250kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

Flaring peaked at 24.2% of the gas in Feb 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a transmission line in the last 12 monthsShare of SHIMANO 28-40 E gas by disposition code each month, Dec 2024 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 24.2% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 24.2%Jan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of SHIMANO 28-40 E gas by disposition code each month, Dec 2024 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 24.2% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 24.2%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 1,688,875 mcf

  • Flared (4)

    2.4% · 42,252 mcf

  • Lease fuel (1)

    0.6% · 10,078 mcf

2.4% of the gas flared in the last 12 months. 9 months above 3%.

4 wells on this lease

Wells on SHIMANO 28-40 E
API numberWell no.Status
42-317-461255JMActive
42-317-4612916WAActive
42-317-4613023WBActive
42-317-4613111LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Oct 23, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Oct 23, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Oct 23, 2024Mar 1, 2026

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

Who buys my oilOil price check

1,286 acres on the newest permit

An allocation well is on this lease

Permits for Shimano 28-40 E
API numberWell no.Acreson the permit
42-317-461255JM1,286
42-317-4612916WA1,286
42-317-4613023WB1,286
42-317-4613111LS1,286

SourceRailroad Commission drilling permits, Sep 26, 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

20 months, newest first

Ledger for SHIMANO 28-40 E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,96617,988117,868114,8131,794$80.46$2.89
Jun 202616,85816,874110,47298,27310,951$84.81$3.15
May 202620,63520,604129,729127,4121,229$102.13$2.94
Apr 202622,99722,974133,138129,4643,071$100.32$2.77
Mar 202626,37126,390138,959137,527869$91.38$3.04
Feb 202627,68927,709125,536121,6433,196$64.51$3.62
Jan 202633,22333,257148,725144,8543,341$60.04$7.72
Dec 202539,76539,723172,822171,199854$57.97$4.26
Nov 202538,16638,179157,835150,7156,491$60.06$3.79
Oct 202547,78547,861170,369161,4948,177$60.89$3.19
Sep 202548,19648,321163,108161,2571,111$63.96$2.97
Aug 202553,41553,224172,644170,2241,168$64.86$2.91
Jul 202564,55164,479170,229154,58814,721$68.39$3.20
Jun 202583,23083,322187,034175,32310,403$68.17$3.02
May 2025107,896107,898218,858193,05224,181$62.17$3.12
Apr 2025120,270120,309205,023189,23114,289$63.54$3.42
Mar 202581,68381,529112,65487,37324,029$68.24$4.12
Feb 202525,48925,43749,52537,30611,992$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01

Flared above 3%

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km