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Texas oil lease

Producing

TARGET K

Target K is an oil lease in Glasscock County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

3,033bbl oil, last 12 months−33% vs prior year
RRC lease
08-51293

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
140,602 mcf
Oil in Jul 2026
136 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for TARGET K, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 3,033 bbl in the 12 months through Jul 2026, against 4,538 bbl in the 12 months before.Last 12 months: 3,033 bblbbl per monthmcf per month0020010k40020k60030k80040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for TARGET K, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 3,033 bbl in the 12 months through Jul 2026, against 4,538 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020010k40020k60030k80040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to other uses instead of a transmission line

Flaring peaked at 5.4% of the gas in Aug 2023.

  • Transmission line (2)
  • Lease fuel (1)
  • Other (5 to 8)
  • Flared (4)
Since Apr 2026 the lease's gas goes to other uses instead of a transmission lineShare of TARGET K gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to other uses instead of a transmission line. Flaring peaked at 5.4% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to otherFlared 5.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to other uses instead of a transmission lineShare of TARGET K gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to other uses instead of a transmission line. Flaring peaked at 5.4% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Apr 26: line to otherFlared 5.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    51% · 71,523 mcf

  • Other (5 to 8)

    48% · 67,984 mcf

  • Lease fuel (1)

    0.8% · 1,095 mcf

1 well on this lease

Wells on TARGET K
API numberWell no.Status
42-173-376113906WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et-S Permian Pipeline Company LlOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers100Aug 1, 2024Feb 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 5, 2018Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 5, 2018Aug 1, 2024
Nustar Permian Trans and Stg,llcOilGathers80Mar 5, 2018Aug 1, 2024

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

807.80 acres on the newest permit

An allocation well is on this lease

Permits for Target K
API numberWell no.Acreson the permit
42-173-376113906WA807.80

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

36 months, newest first

Ledger for TARGET K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202613616113,7965,7130$80.46$2.89
Jun 202623324113,1664,6740$84.81$3.15
May 20262312259,8633,0820$102.13$2.94
Apr 20262662909,7513,1200$100.32$2.77
Mar 202627824811,2425,8330$91.38$3.04
Feb 20262722966,1223,3040$64.51$3.62
Jan 202634637610,4378,1800$60.04$7.72
Dec 202529623315,6258,0460$57.97$4.26
Nov 202522021612,6368,1440$60.06$3.79
Oct 202524029013,0238,4030$60.89$3.19
Sep 202526321313,1306,4210$63.96$2.97
Aug 202525225111,8116,6030$64.86$2.91
Jul 202531330615,63310,0690$68.39$3.20
Jun 202525926412,5109,1350$68.17$3.02
May 202531131725,53823,1650$62.17$3.12
Apr 202530229017,25815,4390$63.54$3.42
Mar 202531031313,90412,7010$68.24$4.12
Feb 202534334314,58612,1860$71.53$4.19
Jan 202539538513,13911,7880$75.74$4.13
Dec 202424325511,99610,4270$70.12$3.01
Nov 202451751611,92211,2660$69.95$2.12
Oct 202454755012,18611,6450$71.99$2.20
Sep 202454054312,72310,6330$70.24$2.28
Aug 202445845114,32411,9730$76.68$1.99
Jul 202438540915,80110,6120$81.80$2.07
Jun 202445745517,7568,0990$79.77$2.54
May 202460659016,1477,5210$80.02$2.12
Apr 20244944998,0637,24889$85.35$1.60
Mar 20243893806,3104,9510$81.28$1.49
Feb 202456657211,6598,8720$77.25$1.72
Jan 202453953011,4687,9300$74.15$3.18
Dec 202357457812,4539,0870$71.90$2.52
Nov 202347446710,95310,3320$77.69$2.71
Oct 202360261211,88311,0090$85.64$2.98
Sep 202325924812,57710,9840$89.43$2.64
Aug 202338639115,26613,628829$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Diamondback E&P LLC in Glasscock County

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