Texas oil lease
ProducingSPAATZ 38-47 C
Spaatz 38-47 C is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-64857
Is your check right?
Where it sits
This county
- Gas, since Feb 2026
- 257,600 mcf
- Oil in Jul 2026
- 39,559 bbl
Production started March 2026; the first check is due by about July 29, 2026 (estimate).
When is my first royalty check due?Production by month
Oil output rose 60% since Feb 2026
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
90% of the gas went to a transmission line in the 5 months reported
Flaring peaked at 7.5% of the gas in Mar 2026.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
90% · 231,467 mcf
Lease fuel (1)
9.0% · 23,127 mcf
Flared (4)
1.2% · 3,006 mcf
1.2% of the gas flared in the 5 months reported. One month above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46824 | 2JM | Active |
| 42-317-46825 | 2DN | Active |
SourceTexas Railroad Commission Wellbore Query.
640.92 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-46824 | 2JM | Jun 18, 2025 | Dec 6, 2025 | 640.92 |
| 42-317-46825 | 2DN | Jun 18, 2025 | Jan 6, 2026 | 640.92 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
6 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 39,559 | 39,542 | 60,987 | 57,330 | 0 | $80.46 | $2.89 |
| Jun 2026 | 43,945 | 43,942 | 59,684 | 54,186 | 0 | $84.81 | $3.15 |
| May 2026 | 61,052 | 61,252 | 65,075 | 59,102 | 15 | $102.13 | $2.94 |
| Apr 2026 | 50,581 | 50,544 | 43,774 | 37,932 | 882 | $100.32 | $2.77 |
| Mar 2026 | 39,912 | 39,586 | 28,080 | 22,917 | 2,109 | $91.38 | $3.04 |
| Feb 2026 | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- ELIZABETH ANNE 134 B
233,475 bbl
- GUARDIAN EAST 250 K
240,425 bbl
- BLACKJACK 16-21 F
240,429 bbl
- REDINGTON 43-18 L
231,845 bbl
- HEIDELBERG 30-31 K
233,417 bbl
- BLAGRAVE A 42-43
233,343 bbl
- GREYSTOKE 1-5 B
236,133 bbl
- GUARDIAN EAST 250 E
223,940 bbl
- GEORGE HOLT GLASS EAST M 13-1
228,153 bbl
- TRUE GRIT 16-17 H
221,374 bbl
Spraberry (Trend Area) field
- MABEE 4K
230,445 bbl
- VLT TITAN UNIT
206,470 bbl
- NICOLE C
239,707 bbl
- LOUDER-WOODY 33H
232,838 bbl
- TREDAWAY-ELKIN 21K
232,270 bbl
- SALE-YARBROUGH 33E
232,594 bbl
- BUTTERCUP
199,378 bbl
- GUARDIAN EAST 250 E
223,940 bbl
- HULK SMASH E
220,858 bbl
- VLT DELTA 4-9 UNIT
239,696 bbl
Leases within 10 km
- SPAATZ 38-47 E
124,151 bbl · 0.1 km
- SPAATZ 38-47 B
61,502 bbl · 0.1 km
- SPAATZ 38-47 A
257,852 bbl · 0.1 km
- SPAATZ 38-47 D
62,682 bbl · 0.1 km
- SPAATZ 38-47 F
193,290 bbl · 0.1 km
- SPAATZ 38-47 G
47,532 bbl · 0.1 km
- BRISTOW "A"
0 bbl · 0.4 km
- CHANDLER
332 bbl · 0.4 km
- CHANDLER "38A"
0 bbl · 0.6 km
- CHANDLER '38'
2 bbl · 0.8 km
Drilling permits within 10 km
HALSEY 4-45 A #1WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.4 km
Permit 0918127 · Sep 8, 2026
HALSEY 4-45 E #1LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.5 km
Permit 0918135 · Sep 4, 2026
HALSEY 4-45 B #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.4 km
Permit 0918128 · Sep 4, 2026
HALSEY 4-45 D #1WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.4 km
Permit 0918131 · Sep 4, 2026
HALSEY 4-45 C #1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 5.4 km
Permit 0918130 · Sep 4, 2026