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Texas oil lease

Producing

SHORTES 40 UNIT

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

10 wells

68,307bbl oil, last 12 months−13% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-51643

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
358,258 mcf
Oil in Jul 2026
5,704 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for SHORTES 40 UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 68,307 bbl in the 12 months through Jul 2026, against 78,704 bbl in the 12 months before.Last 12 months: 68,307 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for SHORTES 40 UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 68,307 bbl in the 12 months through Jul 2026, against 78,704 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100k25k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 20.6% of the gas in Dec 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of SHORTES 40 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.6% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of SHORTES 40 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.6% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Flared 20.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 355,954 mcf

  • Flared (4)

    0.6% · 2,304 mcf

0.6% of the gas flared in the last 12 months. 7 months above 3%.

10 wells on this lease

Wells on SHORTES 40 UNIT
API numberWell no.Status
42-317-410451WAActive
42-317-410461LSActive
42-317-410471WBActive
42-317-419022LSActive
42-317-419032WAActive
42-317-419043LSActive
42-317-419053WAActive
42-317-420864WBActive
42-317-420874LSActive
42-317-420884WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et-S Permian Pipeline Company LlOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers50Aug 1, 2024Feb 1, 2025
Shell Trading (Us) CompanyOilGathers50Aug 1, 2024Feb 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Feb 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Feb 1, 2023Aug 1, 2024

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

Who buys my oilOil price check

639.04 acres on the newest permit

10 wells are listed on this lease

Permits for Shortes 40 Unit
API numberWell no.Acreson the permit
42-317-420884WA639.04
42-317-420864WB639.04
42-317-420874LS639.04
42-317-419022LS639.04
42-317-419032WA639.04
42-317-419043LS639.04
42-317-419053WA639.04
42-317-410461LS639.04
42-317-410471WB639.04
42-317-410451WA639.04

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

36 months, newest first

Ledger for SHORTES 40 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,7045,74240,04740,0470$80.46$2.89
Jun 20265,3515,32828,43428,4340$84.81$3.15
May 20266,4276,45941,25141,2510$102.13$2.94
Apr 20266,8256,78328,05128,0510$100.32$2.77
Mar 20265,0495,08829,52829,5280$91.38$3.04
Feb 20264,8684,88626,08226,0820$64.51$3.62
Jan 20265,1186,07228,30626,7851,521$60.04$7.72
Dec 20254,3863,43625,87425,8740$57.97$4.26
Nov 20256,5346,69430,06030,0600$60.06$3.79
Oct 20256,3307,08829,13429,014120$60.89$3.19
Sep 20255,8154,66225,88925,400489$63.96$2.97
Aug 20255,9005,96325,60225,428174$64.86$2.91
Jul 20256,0846,08731,72231,7220$68.39$3.20
Jun 20255,8385,88338,03436,9511,083$68.17$3.02
May 20255,4295,44937,24637,2460$62.17$3.12
Apr 20254,5394,44629,05928,732327$63.54$3.42
Mar 20252,9462,98633,15233,1520$68.24$4.12
Feb 20251,1901,27024,57824,5780$71.53$4.19
Jan 20256,8496,79963,75263,7520$75.74$4.13
Dec 20248,4908,48877,75973,5702,019$70.12$3.01
Nov 20248,9768,98888,81286,7120$69.95$2.12
Oct 20249,0049,33787,09370,48814,435$71.99$2.20
Sep 20249,4389,07089,56487,4640$70.24$2.28
Aug 20249,9219,95390,02487,8540$76.68$1.99
Jul 20249,6149,56284,59582,4250$81.80$2.07
Jun 20249,1739,24575,15773,0570$79.77$2.54
May 20247,8547,87760,07345,88912,084$80.02$2.12
Apr 20247,5957,54849,21545,7313,484$85.35$1.60
Mar 20244,6394,63436,59136,5910$81.28$1.49
Feb 20242,6802,69030,97129,4801,491$77.25$1.72
Jan 20248,0918,12374,84574,8450$74.15$3.18
Dec 202311,31811,348106,14384,30521,838$71.90$2.52
Nov 202310,58510,555100,502100,152350$77.69$2.71
Oct 202311,44411,552115,367102,50312,864$85.64$2.98
Sep 202311,80711,597118,465118,4650$89.43$2.64
Aug 202312,86612,828124,282124,2820$81.39$2.58

Flared above 3%

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

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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