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Texas oil lease

Producing

SPAATZ 38-47 F

Spaatz 38-47 F is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

193,290bbl oil, since Mar 2026
RRC lease
08-64923

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, since Mar 2026
167,841 mcf
Oil in Jul 2026
25,082 bbl
First check

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 over 5 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 5 reported monthsMonthly oil production and gas for SPAATZ 38-47 F, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month0020k10k40k20k60k30k80k40kOct 25Jan 26AprJul
Oil output over 5 reported monthsMonthly oil production and gas for SPAATZ 38-47 F, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month0020k10k40k20k60k30k80k40kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% 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)
89% of the gas went to a transmission line in the 5 months reportedShare of SPAATZ 38-47 F gas by disposition code each month, Mar 2026 to Jul 2026. 89% of the gas went to a transmission line in the 5 months reported. Flaring peaked at 7.5% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.5%Oct 25Jan 26AprJul
89% of the gas went to a transmission line in the 5 months reportedShare of SPAATZ 38-47 F gas by disposition code each month, Mar 2026 to Jul 2026. 89% of the gas went to a transmission line in the 5 months reported. Flaring peaked at 7.5% of the gas in Mar 2026.Share of gas by disposition code0%50%100%Flared 7.5%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 149,464 mcf

  • Lease fuel (1)

    9.3% · 15,609 mcf

  • Flared (4)

    1.6% · 2,768 mcf

1.6% of the gas flared in the 5 months reported. One month above 3%.

1 well on this lease

Wells on SPAATZ 38-47 F
API numberWell no.Status
42-317-468283DNActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Et-S Permian Pipeline Company LlOilGathers100Mar 10, 2026
Energy Transfer CompanyCasinghead gasBuys100Mar 10, 2026
Energy Transfer CompanyCasinghead gasGathers100Mar 10, 2026

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

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.

Check your decimal on this lease
Permits for Spaatz 38-47 F
API numberWell no.Acreson the permit
42-317-468283DN640.92

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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

5 months, newest first

Ledger for SPAATZ 38-47 F
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202625,08225,09332,11830,1920$80.46$2.89
Jun 202633,46233,45634,75431,5530$84.81$3.15
May 202645,57345,81938,38334,8609$102.13$2.94
Apr 202651,10651,05035,33330,617712$100.32$2.77
Mar 202638,06737,75627,25322,2422,047$91.38$3.04

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

Leases within 10 km

Drilling permits within 10 km