Skip to content
Royalty Clerk

Texas oil lease

Producing

SHIMANO 28-40 V

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

1 well

61,854bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62683

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
467,012 mcf
Oil in Jul 2026
3,098 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 lease

Production by month

Oil output fell 77% since Jan 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 77% since Jan 2025Monthly oil production and gas for SHIMANO 28-40 V, Jan 2025 to Jul 2026. Oil output fell 77% since Jan 2025. Monthly average of 3,179 bbl in the latest 3 months, against 13,749 bbl in the first 3.Last 12 months: 61,854 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 25AprJulOctJan 26AprJul
Oil output fell 77% since Jan 2025Monthly oil production and gas for SHIMANO 28-40 V, Jan 2025 to Jul 2026. Oil output fell 77% since Jan 2025. Monthly average of 3,179 bbl in the latest 3 months, against 13,749 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJan 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 21.2% of the gas in Mar 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 V gas by disposition code each month, Jan 2025 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 21.2% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 21.2%Jan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of SHIMANO 28-40 V gas by disposition code each month, Jan 2025 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months. Flaring peaked at 21.2% of the gas in Mar 2025.Share of gas by disposition code0%50%100%Flared 21.2%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 450,813 mcf

  • Flared (4)

    2.5% · 11,853 mcf

  • Lease fuel (1)

    0.9% · 4,346 mcf

2.5% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on SHIMANO 28-40 V
API numberWell no.Status
42-317-4613522WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Oct 31, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Oct 31, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Oct 31, 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

  • 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 Shimano 28-40 V
API numberWell no.Acreson the permit
42-317-4613522WB1,286

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

19 months, newest first

Ledger for SHIMANO 28-40 V
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,0983,10236,05934,455538$80.46$2.89
Jun 20262,9802,98133,88929,6273,301$84.81$3.15
May 20263,4583,45335,22134,252330$102.13$2.94
Apr 20263,7553,75036,29035,289837$100.32$2.77
Mar 20264,0304,03238,29537,901239$91.38$3.04
Feb 20264,0564,05631,43430,459800$64.51$3.62
Jan 20264,0574,06531,66630,842711$60.04$7.72
Dec 20255,7715,76841,93041,536207$57.97$4.26
Nov 20256,5446,54651,57049,2442,121$60.06$3.79
Oct 20258,1588,16645,67543,2962,192$60.89$3.19
Sep 20256,9817,00644,87844,369306$63.96$2.97
Aug 20258,9668,93940,10539,543271$64.86$2.91
Jul 202512,76412,75339,18235,5823,388$68.39$3.20
Jun 202520,85920,88558,64054,7083,246$68.17$3.02
May 202528,86028,86472,20963,2177,918$62.17$3.12
Apr 202534,34334,39983,82076,9495,810$63.54$3.42
Mar 202541,24741,14362,65548,32213,289$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13

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 reasons

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