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Texas oil lease

Producing

STATE REED C 11-12

State Reed C 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

5,390bbl oil, last 12 months−28% vs prior year
RRC lease
08-53312

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Gas, last 12 months
302,784 mcf
Oil in Jul 2026
506 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for STATE REED C 11-12, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 5,390 bbl in the 12 months through Jul 2026, against 7,442 bbl in the 12 months before.Last 12 months: 5,390 bblbbl per monthmcf per month0025010k50020k75030k1,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for STATE REED C 11-12, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 5,390 bbl in the 12 months through Jul 2026, against 7,442 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 C 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 C 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% · 299,696 mcf

  • Lease fuel (1)

    0.7% · 2,004 mcf

  • Flared (4)

    0.4% · 1,084 mcf

0.4% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on STATE REED C 11-12
API numberWell no.Status
42-371-398653WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50May 30, 2019–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100May 30, 2019–
Brazos Midstream Operating, LLCCasinghead gasGathers100May 30, 2019–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Nov 23, 2020Jan 1, 2023
Pilot Travel Centers LLCOilGathers50May 30, 2019Nov 23, 2020

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

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 C 11-12
API numberWell no.Acreson the permit
42-371-398653WA1,312.28

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

36 months, newest first

Ledger for STATE REED C 11-12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202650648134,84034,57261$80.46$2.89
Jun 202644041727,33426,745444$84.81$3.15
May 202639643122,92322,8090$102.13$2.94
Apr 202640340627,27926,868199$100.32$2.77
Mar 202642739226,33025,808237$91.38$3.04
Feb 202638637525,21024,829143$64.51$3.62
Jan 202640061128,57028,2770$60.04$7.72
Dec 202550833930,39430,2480$57.97$4.26
Nov 202567062228,02427,9130$60.06$3.79
Oct 20251362985,1175,0770$60.89$3.19
Sep 202565454123,52923,4210$63.96$2.97
Aug 202546447523,23423,1290$64.86$2.91
Jul 202565362036,29836,1130$68.39$3.20
Jun 202560663529,08128,9290$68.17$3.02
May 202547146423,72123,52964$62.17$3.12
Apr 202559961229,37529,2380$63.54$3.42
Mar 202562361028,38628,2580$68.24$4.12
Feb 202557359825,84225,616113$71.53$4.19
Jan 202573470024,35824,20348$75.74$4.13
Dec 202467269416,55616,4840$70.12$3.01
Nov 202464167615,21515,1500$69.95$2.12
Oct 202468764316,86916,71880$71.99$2.20
Sep 202459964416,62716,49958$70.24$2.28
Aug 202458456916,15416,0850$76.68$1.99
Jul 202477974720,29420,18528$81.80$2.07
Jun 202472081719,42019,3420$79.77$2.54
May 202471365420,31320,15379$80.02$2.12
Apr 202468366320,20920,1290$85.35$1.60
Mar 202482483421,17320,951136$81.28$1.49
Feb 202476974419,45919,036346$77.25$1.72
Jan 202473579118,66118,5890$74.15$3.18
Dec 202378878914,72614,6710$71.90$2.52
Nov 202378279514,26714,1720$77.69$2.71
Oct 202376970821,78621,6090$85.64$2.98
Sep 202375876122,48422,3030$89.43$2.64
Aug 202360956215,84515,7310$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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