Skip to content
Royalty Clerk

Texas oil lease

Producing

TARGET L

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

1 well

2,249bbl oil, last 12 months−45% vs prior year
Operator
Diamondback E&P LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-51342

Is your check right?

Check my statement

Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
298,869 mcf
Oil in Jul 2026
172 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for TARGET L, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 2,249 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.Last 12 months: 2,249 bblbbl per monthmcf per month0020010k40020k60030k80040k1,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for TARGET L, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 2,249 bbl in the 12 months through Jul 2026, against 4,086 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020010k40020k60030k80040k1,00050kJan 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 5.7% 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 L 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 5.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to otherFlared 5.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to other uses instead of a transmission lineShare of TARGET L 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 5.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Apr 26: line to otherFlared 5.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    55% · 164,449 mcf

  • Other (5 to 8)

    45% · 134,420 mcf

1 well on this lease

Wells on TARGET L
API numberWell no.Status
42-173-376093908WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 1, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 1, 2019–
Eastex Crude CompanyOilGathers10Feb 1, 2023Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers80Feb 1, 2023Feb 1, 2025
Shell Trading (Us) CompanyOilGathers10Feb 1, 2023Feb 1, 2025
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Feb 1, 2023
Nustar Permian Trans and Stg,llcOilGathers25Jan 1, 2023Feb 1, 2023
Shell Trading (Us) CompanyOilGathers50Jan 1, 2023Feb 1, 2023

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

Who buys my oilOil price check

807.80 acres on the newest permit

An allocation well is on this lease

Permits for Target L
API numberWell no.Acreson the permit
42-173-376093908WB807.80

SourceRailroad Commission drilling permits, Sep 26, 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 TARGET L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617218012,4195,1430$80.46$2.89
Jun 202615515512,8514,5620$84.81$3.15
May 202612912312,4693,8960$102.13$2.94
Apr 202613112312,8244,1000$100.32$2.77
Mar 2026557418,4859,5910$91.38$3.04
Feb 202624026513,1717,0830$64.51$3.62
Jan 202633036020,77316,2740$60.04$7.72
Dec 202528622547,99524,6960$57.97$4.26
Nov 202521020236,26623,3660$60.06$3.79
Oct 202518522144,14329,5750$60.89$3.19
Sep 202519515634,69617,2800$63.96$2.97
Aug 202516116032,77718,8830$64.86$2.91
Jul 202519319045,17629,9690$68.39$3.20
Jun 202519321435,50626,7260$68.17$3.02
May 202549250242,00738,6020$62.17$3.12
Apr 202547946028,18425,7260$63.54$3.42
Mar 202550150222,94421,5990$68.24$4.12
Feb 202548848824,38220,8780$71.53$4.19
Jan 202556855123,02721,1730$75.74$4.13
Dec 202423723629,19726,2210$70.12$3.01
Nov 202417017129,46128,7460$69.95$2.12
Oct 202420220328,42728,0960$71.99$2.20
Sep 202420221328,91925,4760$70.24$2.28
Aug 202436135428,74724,9020$76.68$1.99
Jul 202427226143,06229,4550$81.80$2.07
Jun 202481022,52510,3910$79.77$2.54
May 202445537,7853,7690$80.02$2.12
Apr 202424724921,88521,619266$85.35$1.60
Mar 202418017422,32919,2980$81.28$1.49
Feb 202421421725,74420,8430$77.25$1.72
Jan 202421320922,99916,9440$74.15$3.18
Dec 202322422724,96619,4370$71.90$2.52
Nov 202321421022,22222,2220$77.69$2.71
Oct 202322522525,26325,2630$85.64$2.98
Sep 2023545728,60626,2700$89.43$2.64
Aug 202326426420,43819,2661,172$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyGlasscock County

Diamondback E&P LLC in Glasscock County

All Diamondback E&P LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km