Texas oil lease
ProducingSTATE GYPSY 16-4 B
State Gypsy 16-4 B is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Reeves County
- Field
- Hoefs T-K (Wolfcamp)
- RRC lease
- 08-59578
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 271,085 mcf
- Oil in Jul 2026
- 3,473 bbl
Production by month
Oil output held steady over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
97% of the gas went to a transmission line in the last 12 months
Flaring peaked at 14.6% of the gas in Oct 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
97% · 264,273 mcf
Lease fuel (1)
1.4% · 3,712 mcf
Flared (4)
1.1% · 3,100 mcf
1.1% of the gas flared in the last 12 months. 4 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-40225 | 2TO | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Diamondback E&P LLC | Oil | Gathers | 100 | Feb 19, 2023 |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Buys | 100 | Feb 19, 2023 |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Gathers | 100 | Feb 19, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,477.25 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-40225 | 2TO | Oct 28, 2022 | Feb 19, 2023 | 1,477.25 |
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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 3,473 | 3,451 | 33,413 | 32,862 | 0 | $80.46 | $2.89 |
| Jun 2026 | 3,341 | 3,421 | 30,082 | 29,087 | 522 | $84.81 | $3.15 |
| May 2026 | 3,957 | 3,927 | 41,381 | 40,604 | 197 | $102.13 | $2.94 |
| Apr 2026 | 3,761 | 3,788 | 26,014 | 25,513 | 153 | $100.32 | $2.77 |
| Mar 2026 | 3,400 | 3,451 | 30,170 | 29,717 | 54 | $91.38 | $3.04 |
| Feb 2026 | 2,400 | 2,283 | 13,666 | 13,469 | 0 | $64.51 | $3.62 |
| Jan 2026 | 2,811 | 2,931 | 18,683 | 18,342 | 102 | $60.04 | $7.72 |
| Dec 2025 | 3,539 | 3,576 | 17,342 | 17,129 | 0 | $57.97 | $4.26 |
| Nov 2025 | 3,692 | 3,603 | 16,630 | 16,436 | 0 | $60.06 | $3.79 |
| Oct 2025 | 3,025 | 3,126 | 13,130 | 11,067 | 1,913 | $60.89 | $3.19 |
| Sep 2025 | 3,698 | 3,796 | 15,718 | 15,503 | 33 | $63.96 | $2.97 |
| Aug 2025 | 3,454 | 3,173 | 14,856 | 14,544 | 126 | $64.86 | $2.91 |
| Jul 2025 | 3,229 | 3,346 | 15,152 | 14,845 | 128 | $68.39 | $3.20 |
| Jun 2025 | 3,339 | 3,375 | 15,854 | 14,756 | 925 | $68.17 | $3.02 |
| May 2025 | 6,153 | 6,093 | 52,672 | 51,872 | 429 | $62.17 | $3.12 |
| Apr 2025 | 2,076 | 2,048 | 20,427 | 20,337 | 0 | $63.54 | $3.42 |
| Mar 2025 | 3,145 | 3,142 | 33,951 | 32,709 | 1,120 | $68.24 | $4.12 |
| Feb 2025 | 2,940 | 2,935 | 28,845 | 28,733 | 0 | $71.53 | $4.19 |
| Jan 2025 | 3,496 | 3,447 | 33,062 | 32,866 | 81 | $75.74 | $4.13 |
| Dec 2024 | 3,701 | 3,696 | 37,097 | 36,979 | 0 | $70.12 | $3.01 |
| Nov 2024 | 4,154 | 4,195 | 40,499 | 40,118 | 263 | $69.95 | $2.12 |
| Oct 2024 | 4,561 | 4,556 | 50,169 | 48,593 | 1,434 | $71.99 | $2.20 |
| Sep 2024 | 2,221 | 2,144 | 23,101 | 20,167 | 2,835 | $70.24 | $2.28 |
| Aug 2024 | 2,517 | 2,637 | 32,698 | 32,445 | 129 | $76.68 | $1.99 |
| Jul 2024 | 3,133 | 3,236 | 34,810 | 34,551 | 131 | $81.80 | $2.07 |
| Jun 2024 | 9,415 | 9,332 | 37,303 | 37,171 | 0 | $79.77 | $2.54 |
| May 2024 | 3,688 | 3,620 | 40,131 | 39,949 | 46 | $80.02 | $2.12 |
| Apr 2024 | 4,102 | 4,129 | 36,799 | 36,224 | 225 | $85.35 | $1.60 |
| Mar 2024 | 5,019 | 5,019 | 51,713 | 51,174 | 45 | $81.28 | $1.49 |
| Feb 2024 | 5,306 | 5,236 | 52,693 | 52,226 | 0 | $77.25 | $1.72 |
| Jan 2024 | 6,474 | 6,475 | 58,683 | 58,108 | 87 | $74.15 | $3.18 |
| Dec 2023 | 7,379 | 7,485 | 65,126 | 64,621 | 0 | $71.90 | $2.52 |
| Nov 2023 | 8,383 | 8,290 | 71,844 | 71,132 | 189 | $77.69 | $2.71 |
| Oct 2023 | 9,497 | 9,515 | 82,131 | 81,565 | 0 | $85.64 | $2.98 |
| Sep 2023 | 9,028 | 9,112 | 89,172 | 88,519 | 73 | $89.43 | $2.64 |
| Aug 2023 | 9,014 | 8,925 | 102,116 | 101,497 | 0 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Reeves County
- WALKALOOSA 5 EAST
58,928 bbl
- ALTAI 23
58,343 bbl
- WALER STATE UNIT 4
51,130 bbl
- ROGERS 6 UNIT
44,355 bbl
- ALTAI 24-23 A
45,647 bbl
- JANE M GRAVES B
34,742 bbl
- STATE SHIRE 72-18 A
27,880 bbl
- STATE JUTLAND 15-2 B
36,289 bbl
- PERCHERON 46-45 A
24,093 bbl
- AYERS UNIT 24
32,594 bbl
Hoefs T-K (Wolfcamp) field
- FAWN LEIBOWITZ 6-11 UNIT
40,305 bbl
- UNCOMPAGHRE STATE UNIT
45,007 bbl
- KELLEY STATE KAMO 22-23 C
50,688 bbl
- NEAL LETHCO 39-40-12 UNIT
42,595 bbl
- LOWE MEIN
43,117 bbl
- ALTAI 24-23 A
45,647 bbl
- CONGER UNIT 185-184 B
41,943 bbl
- SILVER 48-20-29 2B1
49,496 bbl
- MCINTYRE STATE 34-33 UNIT
48,325 bbl
- PRAIRIE FLOWER UNIT
37,556 bbl
Leases within 10 km
- STATE GYPSY 16-4 A
16,939 bbl · 0 km
- LIGON, S. E., - STATE
40,049 mcf · 0.2 km
- LIGON, S. E. - STATE
0 mcf · 0.2 km
- GOLENTERNEK-RUDMAN -C-
1,095 bbl · 0.4 km
- LIGON, S. E. - STATE
0 mcf · 0.5 km
- GOLENTERNEK-RUDMAN UNIT
602 mcf · 0.6 km
- GOLENTERNEK - RUDMAN "B"
0 bbl · 0.8 km
- LIGON, S. E. STATE
9,826 mcf · 0.8 km
- STATE DUDLEY-RUDMAN UNIT
15,854 mcf · 0.8 km
- STATE JUTLAND 15-2 B
36,289 bbl · 0.9 km
Drilling permits within 10 km
WAHA/FROST #6C
new drill · WWM Operating, LLC · Reeves County · 8.7 km
Permit 0918989 · Oct 1, 2026
WAHA/FROST #11C
new drill · WWM Operating, LLC · Reeves County · 8.4 km
Permit 0918993 · Oct 1, 2026
WAHA/FROST #7C
new drill · WWM Operating, LLC · Reeves County · 8.2 km
Permit 0918990 · Oct 1, 2026
WAHA/FROST #8C
new drill · WWM Operating, LLC · Reeves County · 8.4 km
Permit 0918991 · Oct 1, 2026
WAHA/FROST #3C
new drill · WWM Operating, LLC · Reeves County · 8.7 km
Permit 0918988 · Oct 1, 2026