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Texas oil lease

Producing

SIPAPU 246 A

Sipapu 246 A is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

3 wells

99,427bbl oil, last 12 months−31% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-57500

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
389,741 mcf
Oil in Jul 2026
9,056 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for SIPAPU 246 A, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 99,427 bbl in the 12 months through Jul 2026, against 144,083 bbl in the 12 months before.Last 12 months: 99,427 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for SIPAPU 246 A, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 99,427 bbl in the 12 months through Jul 2026, against 144,083 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 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 7.0% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of SIPAPU 246 A 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 7.0% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of SIPAPU 246 A 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 7.0% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 7.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 385,721 mcf

  • Lease fuel (1)

    0.9% · 3,455 mcf

  • Flared (4)

    0.1% · 565 mcf

0.1% of the gas flared in the last 12 months. 3 months above 3%.

3 wells on this lease

Wells on SIPAPU 246 A
API numberWell no.Status
42-317-441471JMActive
42-317-441481LSActive
42-317-441491WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Oct 26, 2022
Energy Transfer CompanyCasinghead gasBuys50Oct 26, 2022
Enterprise Products Operating LLCCasinghead gasBuys50Oct 26, 2022
Energy Transfer CompanyCasinghead gasGathers50Oct 26, 2022
Enterprise Products Operating LLCCasinghead gasGathers50Oct 26, 2022

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

Who buys my oilOil price check

4,434.63 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Sipapu 246 A
API numberWell no.Acreson the permit
42-317-441471JM4,434.63
42-317-441481LS4,434.63
42-317-441491WB4,434.63

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

36 months, newest first

Ledger for SIPAPU 246 A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269,0569,05432,94932,394251$80.46$2.89
Jun 20268,5088,48632,99432,6922$84.81$3.15
May 20267,0297,04631,42231,1261$102.13$2.94
Apr 20269,0049,00636,87936,5430$100.32$2.77
Mar 20269,3479,32339,57739,2440$91.38$3.04
Feb 20268,9808,98638,35038,0180$64.51$3.62
Jan 20266,5636,54926,16325,89918$60.04$7.72
Dec 20255,7875,79928,93928,6890$57.97$4.26
Nov 20258,1618,14736,90936,6110$60.06$3.79
Oct 20259,0749,12533,63633,33011$60.89$3.19
Sep 20258,7298,69324,39624,12431$63.96$2.97
Aug 20259,1899,21327,52727,051251$64.86$2.91
Jul 202510,15110,16427,98527,7500$68.39$3.20
Jun 202510,36610,35530,00329,7630$68.17$3.02
May 20259,6689,65525,55125,3450$62.17$3.12
Apr 202510,76810,79728,34228,1150$63.54$3.42
Mar 202510,54010,52028,80128,5570$68.24$4.12
Feb 20259,6579,65526,35425,741409$71.53$4.19
Jan 20258,1038,09923,29823,09338$75.74$4.13
Dec 202410,20810,22528,06627,8850$70.12$3.01
Nov 202414,45114,45538,69137,738721$69.95$2.12
Oct 202416,15316,19337,64037,158259$71.99$2.20
Sep 202417,02616,99237,66437,4474$70.24$2.28
Aug 202416,99216,98737,05336,8640$76.68$1.99
Jul 202416,86716,83235,43135,014245$81.80$2.07
Jun 202413,79213,77735,35334,604582$79.77$2.54
May 202412,77812,78425,06923,7931,150$80.02$2.12
Apr 202413,78013,80220,01718,8501,054$85.35$1.60
Mar 202411,92812,05716,93216,402419$81.28$1.49
Feb 20249,86710,00520,55919,604459$77.25$1.72
Jan 202415,86815,85538,36934,3742,698$74.15$3.18
Dec 202319,80519,83547,04245,507653$71.90$2.52
Nov 202323,82423,82752,14950,291849$77.69$2.71
Oct 202326,25626,18556,28154,501968$85.64$2.98
Sep 202327,92928,07959,72458,578263$89.43$2.64
Aug 202331,61631,69669,81367,785933$81.39$2.58

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)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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