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Texas oil lease

No report in 6+ months

STRAIN '23'

Strain '23' is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

0bbl oil, last 12 months
RRC lease
08-42681

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in May 2022
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

No production to chart

The state shows zero oil and zero gas for all 29 months we hold (Jan 2020 to May 2022). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Jan 2021

Operators of this lease over timeGuidon Energy Mgmt Services LLC, Jan 2020 to Dec 2020; Diamondback E&P LLC, Jan 2021 to May 2022202020212022Changed Jan 2021Guidon Energy Mgmt Services L…Jan 2020 to Dec 2020Diamondback E&P LLCJan 2021 to now
Operators of this lease over timeGuidon Energy Mgmt Services LLC, Jan 2020 to Dec 2020; Diamondback E&P LLC, Jan 2021 to May 2022202020212022Changed Jan 2021Guidon Energy Mgmt Services LLCJan 2020 to Dec 2020Diamondback E&P LLCJan 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STRAIN '23'
API numberWell no.Status
42-317-374641Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ace Gathering, Inc.OilGathers100Nov 1, 2019–
Wtg Gas Processing, L.p.Casinghead gasBuys100Nov 1, 2019–
Wtg Gas Processing, L.p.Casinghead gasGathers100Nov 1, 2019–
Dcp Operating Company, LPCasinghead gasGathers100May 10, 2019Nov 1, 2019
Dcp Operating Company, LPCasinghead gasBuys100May 10, 2019Nov 1, 2019
Bml, Inc. BOilGathers100May 10, 2019Nov 1, 2019
Wtg Gas Processing, L.p.Casinghead gasGathers100May 21, 2012May 10, 2019
Wtg Gas Processing, L.p.Casinghead gasBuys100May 21, 2012May 10, 2019
Lpc Crude Oil Marketing LLCOilGathers100Oct 1, 2016May 10, 2019

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

241.90 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Strain '23'
API numberWell no.Acreson the permit
42-317-374641241.90

SourceRailroad Commission drilling permits, Sep 26, 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

29 months, newest first

Ledger for STRAIN '23'
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
May 2022Diamondback E&P00$109.55$8.14
Apr 2022Diamondback E&P00$101.78$6.60
Mar 2022Diamondback E&P00$108.50$4.90
Feb 2022Diamondback E&P00$91.64$4.69
Jan 2022Diamondback E&P00$83.22$4.38
Dec 2021Diamondback E&P00$71.71$3.76
Nov 2021Diamondback E&P00$79.15$5.05
Oct 2021Diamondback E&P00$81.48$5.51
Sep 2021Diamondback E&P00$71.65$5.16
Aug 2021Diamondback E&P00$67.73$4.07
Jul 2021Diamondback E&P00$72.49$3.84
Jun 2021Diamondback E&P00$71.38$3.26
May 2021Diamondback E&P00$65.17$2.91
Apr 2021Diamondback E&P00$61.72$2.66
Mar 2021Diamondback E&P00$62.33$2.62
Feb 2021Diamondback E&P00$59.04$5.35
Jan 2021Diamondback E&P044$52.00$2.71
Dec 2020Guidon Energy00$47.02$2.58
Nov 2020Guidon Energy00$40.94$2.61
Oct 2020Guidon Energy00$39.40$2.39
Sep 2020Guidon Energy00$39.63$1.92
Aug 2020Guidon Energy00$42.34$2.30
Jul 2020Guidon Energy00$40.71$1.76
Jun 2020Guidon Energy00$38.31$1.63
May 2020Guidon Energy00$28.56$1.75
Apr 2020Guidon Energy00$16.55$1.74
Mar 2020Guidon Energy00$29.21$1.79
Feb 2020Guidon Energy00$50.54$1.91
Jan 2020Guidon Energy00$57.52$2.02

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

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Nearby

Diamondback E&P LLC in Martin County

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