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Texas oil lease

Producing

TARGET P

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

1 well

4,421bbl oil, last 12 months−38% vs prior year
Operator
Diamondback E&P LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-51339

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
160,773 mcf
Oil in Jul 2026
127 bbl

Production by month

Oil output fell 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for TARGET P, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 4,421 bbl in the 12 months through Jul 2026, against 7,158 bbl in the 12 months before.Last 12 months: 4,421 bblbbl per monthmcf per month0025010k50020k75030k1,00040k1,25050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for TARGET P, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 4,421 bbl in the 12 months through Jul 2026, against 7,158 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025010k50020k75030k1,00040k1,25050kJan 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 P 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 P 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.

  • Other (5 to 8)

    51% · 82,116 mcf

  • Transmission line (2)

    48% · 77,628 mcf

  • Lease fuel (1)

    0.6% · 1,029 mcf

1 well on this lease

Wells on TARGET P
API numberWell no.Status
42-173-376913903WBActive

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

966.70 acres on the newest permit

An allocation well is on this lease

Permits for Target P
API numberWell no.Acreson the permit
42-173-376913903WB966.70

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 P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612715116,6426,8910$80.46$2.89
Jun 202622322816,8165,9690$84.81$3.15
May 202620419315,3584,7980$102.13$2.94
Apr 202620623016,3025,2130$100.32$2.77
Mar 202623725119,97710,3650$91.38$3.04
Feb 202653054414,0767,5900$64.51$3.62
Jan 20264835889,8257,7040$60.04$7.72
Dec 202562248811,0615,7080$57.97$4.26
Nov 20254454298,2415,3160$60.06$3.79
Oct 20253994929,4156,0390$60.89$3.19
Sep 202547838912,0275,8690$63.96$2.97
Aug 202546746411,0336,1660$64.86$2.91
Jul 202556054714,4589,4540$68.39$3.20
Jun 202546247017,12012,8080$68.17$3.02
May 202555252825,65423,3200$62.17$3.12
Apr 20251281391,0225230$63.54$3.42
Mar 202546345617,82216,3830$68.24$4.12
Feb 202531332513,52911,5030$71.53$4.19
Jan 202563663022,07020,3880$75.74$4.13
Dec 202469369827,07924,3290$70.12$3.01
Nov 202470771022,72822,1350$69.95$2.12
Oct 202487787723,75323,3460$71.99$2.20
Sep 202472374917,79015,4970$70.24$2.28
Aug 20241,0441,02135,94030,8860$76.68$1.99
Jul 202472269227,26518,3230$81.80$2.07
Jun 202426351,2294620$79.77$2.54
May 20241681864,2972,0100$80.02$2.12
Apr 202462463618,20117,156211$85.35$1.60
Mar 202456654719,37315,9970$81.28$1.49
Feb 202465565125,77520,1360$77.25$1.72
Jan 202437636725,55218,1620$74.15$3.18
Dec 202334935728,10821,1730$71.90$2.52
Nov 202340940323,51022,8500$77.69$2.71
Oct 202349950529,70529,7050$85.64$2.98
Sep 202319619221,46319,7110$89.43$2.64
Aug 202343143221,13419,9221,212$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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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyGlasscock County

Diamondback E&P LLC in Glasscock County

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Spraberry (Trend Area) field

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