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Texas oil lease

Producing

STATE REED B 11-12

State Reed B 11-12 is an oil lease in Pecos County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

1 well

8,140bbl oil, last 12 months+1% vs prior year
Operator
Diamondback E&P LLC
County
Pecos County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-51722

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
252,230 mcf
Oil in Jul 2026
511 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for STATE REED B 11-12, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 8,140 bbl in the 12 months through Jul 2026, against 8,049 bbl in the 12 months before.Last 12 months: 8,140 bblbbl per monthmcf per month0025010k50020k75030k1,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for STATE REED B 11-12, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 8,140 bbl in the 12 months through Jul 2026, against 8,049 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040kJan 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

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of STATE REED B 11-12 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of STATE REED B 11-12 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 249,759 mcf

  • Lease fuel (1)

    0.7% · 1,672 mcf

  • Flared (4)

    0.3% · 799 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on STATE REED B 11-12
API numberWell no.Status
42-371-396322WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Dec 14, 2018–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Dec 14, 2018–
Brazos Midstream Operating, LLCCasinghead gasGathers100Dec 14, 2018–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Nov 23, 2020Jan 1, 2023
Shell Trading (Us) CompanyOilGathers50Dec 14, 2018Nov 23, 2020

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

Who buys my oilOil price check

1,312.28 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 State Reed B 11-12
API numberWell no.Acreson the permit
42-371-396322WA1,312.28

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 STATE REED B 11-12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202651150317,22817,09530$80.46$2.89
Jun 202659056219,92419,494324$84.81$3.15
May 202656463520,65720,5540$102.13$2.94
Apr 202668669720,97320,657153$100.32$2.77
Mar 202676970720,76220,351187$91.38$3.04
Feb 202671869718,55918,279105$64.51$3.62
Jan 20267201,01521,21520,9970$60.04$7.72
Dec 202573246919,32119,2280$57.97$4.26
Nov 202577179324,83324,7340$60.06$3.79
Oct 202572779822,46222,2840$60.89$3.19
Sep 202561355018,29418,2100$63.96$2.97
Aug 202573971828,00227,8760$64.86$2.91
Jul 202571167724,38824,2640$68.39$3.20
Jun 202569171229,97129,8150$68.17$3.02
May 202545943119,33219,17552$62.17$3.12
Apr 202539444014,43514,3680$63.54$3.42
Mar 202569867324,17124,0620$68.24$4.12
Feb 202556358521,27421,08893$71.53$4.19
Jan 202569967122,05421,91443$75.74$4.13
Dec 202468471722,36022,2630$70.12$3.01
Nov 202473275721,38121,2890$69.95$2.12
Oct 202469969123,24523,037110$71.99$2.20
Sep 202490996124,97724,78687$70.24$2.28
Aug 202481074423,47823,3770$76.68$1.99
Jul 202473571424,64024,50734$81.80$2.07
Jun 202476986823,96723,8700$79.77$2.54
May 202474368424,01323,82493$80.02$2.12
Apr 202473471123,13123,0400$85.35$1.60
Mar 202486288326,43326,156170$81.28$1.49
Feb 202488486024,05323,531427$77.25$1.72
Jan 202489295124,90224,8060$74.15$3.18
Dec 202390189926,36326,2640$71.90$2.52
Nov 202387989328,47128,2820$77.69$2.71
Oct 202386279322,83522,6500$85.64$2.98
Sep 202384085225,14224,9400$89.43$2.64
Aug 202373869523,85023,6790$81.39$2.58

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 LLCFieldHoefs T-K (Wolfcamp)CountyPecos County

Diamondback E&P LLC in Pecos County

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Hoefs T-K (Wolfcamp) field

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