Texas oil lease

Producing

STEPHENS 6-31 I

Name: STEPHENS 6-31 I monthly oil and gas production, Midland County, Texas
Creator: Texas Railroad Commission

Stephens 6-31 I is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

Oil lease dossier

128,884bbl oil, since Dec 2025

Operator: Diamondback E&P LLC
County: Midland County
Field: Spraberry (Trend Area)
RRC lease: 08-65076

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Where it sits

This county

Midland County

Gas, since Dec 2025: 204,992 mcf
Oil in Jul 2026: 9,016 bbl

First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 40% since Dec 2025

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the 8 months reported

Transmission line (2)
Lease fuel (1)
Flared (4)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Transmission line (2)
97% · 198,691 mcf
Lease fuel (1)
3.1% · 6,278 mcf
Flared (4)
0.0% · 23 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Enterprise Crude Pipeline LLC	Oil	Gathers	100	Dec 21, 2025
Enterprise Products Operating LLC	Casinghead gas	Buys	100	Dec 21, 2025
Enterprise Products Operating LLC	Casinghead gas	Gathers	100	Dec 21, 2025

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

Who buys my oil Oil price check

647.88 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 Stephens 6-31 I
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-329-46984	132	Apr 23, 2024	Dec 21, 2025	647.88	Horizontal, allocation

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.
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

8 months, newest first

Ledger for STEPHENS 6-31 I
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	9,016	9,035	27,040	26,210	0	$80.46	$2.89
Jun 2026	9,580	9,586	24,858	24,136	23	$84.81	$3.15
May 2026	13,864	13,838	33,164	32,137	0	$102.13	$2.94
Apr 2026	16,823	16,824	33,131	32,199	0	$100.32	$2.77
Mar 2026	25,274	25,286	37,005	35,971	0	$91.38	$3.04
Feb 2026	27,013	26,991	31,653	30,756	0	$64.51	$3.62
Jan 2026	22,740	22,729	15,315	14,772	0	$60.04	$7.72
Dec 2025	4,574	4,546	2,826	2,510	0	$57.97	$4.26

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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