Skip to content
Royalty Clerk

Texas oil lease

Producing

SOTO 43-7 (ALLOC-3SH)

Soto 43-7 (Alloc-3SH) is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) R 40 Exc field.

1 well

9,397bbl oil, last 12 months−69% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-55624

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
27,430 mcf
Oil in Jul 2026
1,044 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 69% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for SOTO 43-7 (ALLOC-3SH), Aug 2023 to Jul 2026. Oil output fell 69% over the last 12 months. 9,397 bbl in the 12 months through Jul 2026, against 29,848 bbl in the 12 months before.Last 12 months: 9,397 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for SOTO 43-7 (ALLOC-3SH), Aug 2023 to Jul 2026. Oil output fell 69% over the last 12 months. 9,397 bbl in the 12 months through Jul 2026, against 29,848 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 38.8% of the gas in Aug 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of SOTO 43-7 (ALLOC-3SH) gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 38.8% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 38.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of SOTO 43-7 (ALLOC-3SH) gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 38.8% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Flared 38.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 27,329 mcf

  • Flared (4)

    0.3% · 80 mcf

  • Lease fuel (1)

    0.1% · 21 mcf

0.3% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on SOTO 43-7 (ALLOC-3SH)
API numberWell no.Status
42-317-428343LBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Delek Marketing & Supply, LPOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Dk Trading & Supply, LLCOilGathers100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Oct 9, 2020Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Oct 9, 2020Aug 1, 2024
Lion Oil Trading & Trans, LLCOilGathers100Oct 9, 2020Aug 1, 2024

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

Who buys my oilOil price check

882.24 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 Soto 43-7 (Alloc-3SH)
API numberWell no.Acreson the permit
42-317-428343LB882.24

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 SOTO 43-7 (ALLOC-3SH)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0441,0272162151$80.46$2.89
Jun 202651050278780$84.81$3.15
May 202630531916160$102.13$2.94
Apr 202668170611110$100.32$2.77
Mar 20261,3391,309440$91.38$3.04
Feb 202641841322220$64.51$3.62
Jan 202610311622220$60.04$7.72
Dec 2025235212770$57.97$4.26
Nov 2025871031491490$60.06$3.79
Oct 20255706722,9232,90913$60.89$3.19
Sep 20251,8121,7689,3089,29311$63.96$2.97
Aug 20252,2932,30614,67414,60355$64.86$2.91
Jul 20252,5942,62610,89010,742134$68.39$3.20
Jun 20252,0141,9508,1448,02583$68.17$3.02
May 20251,4481,5034,8204,7832$62.17$3.12
Apr 20253,0373,01911,66711,234391$63.54$3.42
Mar 20252,7272,7097,5247,4951$68.24$4.12
Feb 20252,5112,5368,7018,6720$71.53$4.19
Jan 20253,0813,02510,10510,0670$75.74$4.13
Dec 20242,2412,2597,2057,1800$70.12$3.01
Nov 20242,3402,3557,1437,1010$69.95$2.12
Oct 20243,5723,5268,8898,8650$71.99$2.20
Sep 20241,4521,4874,5984,355229$70.24$2.28
Aug 20242,8312,8237,2584,4142,818$76.68$1.99
Jul 20242,8922,9617,6607,6300$81.80$2.07
Jun 20243,3573,2947,8177,72476$79.77$2.54
May 20243,5633,5698,0718,03025$80.02$2.12
Apr 20243,0873,0716,6606,6397$85.35$1.60
Mar 20242,9302,9475,9915,9790$81.28$1.49
Feb 20243,9113,8988,1307,945170$77.25$1.72
Jan 20243,8293,8269,8039,141644$74.15$3.18
Dec 20232,9702,9107,9657,410548$71.90$2.52
Nov 2023056000$77.69$2.71
Oct 20232,4802,48910,2169,757450$85.64$2.98
Sep 20233,6563,67215,33115,071259$89.43$2.64
Aug 20234,0033,98815,20514,0181,184$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.

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) R 40 ExcCountyMartin County

Diamondback E&P LLC in Martin County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km