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Texas oil lease

Producing

TARGET Q

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

1 well

5,843bbl oil, last 12 months−40% vs prior year
Operator
Diamondback E&P LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-51338

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
118,301 mcf
Oil in Jul 2026
216 bbl

Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for TARGET Q, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 5,843 bbl in the 12 months through Jul 2026, against 9,734 bbl in the 12 months before.Last 12 months: 5,843 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for TARGET Q, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 5,843 bbl in the 12 months through Jul 2026, against 9,734 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 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 5.2% 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 Q 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 5.2% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to otherFlared 5.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to other uses instead of a transmission lineShare of TARGET Q 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 5.2% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Apr 26: line to otherFlared 5.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    54% · 64,083 mcf

  • Other (5 to 8)

    44% · 52,144 mcf

  • Lease fuel (1)

    1.8% · 2,074 mcf

1 well on this lease

Wells on TARGET Q
API numberWell no.Status
42-173-376923903WAActive

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 Q
API numberWell no.Acreson the permit
42-173-376923903WA966.70

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 Q
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262162582,7951,1580$80.46$2.89
Jun 20263853854,1621,4780$84.81$3.15
May 20263123044,4641,3960$102.13$2.94
Apr 20263654267,1512,2900$100.32$2.77
Mar 20265044639,1964,7720$91.38$3.04
Feb 202658662410,0065,4110$64.51$3.62
Jan 202666876610,0177,8580$60.04$7.72
Dec 202570255116,2228,3650$57.97$4.26
Nov 202550749013,4068,6450$60.06$3.79
Oct 202547458314,0178,9120$60.89$3.19
Sep 202556145812,5555,9560$63.96$2.97
Aug 202556356614,3107,8420$64.86$2.91
Jul 20257687509,7645,9590$68.39$3.20
Jun 202563664711,7068,3380$68.17$3.02
May 202575377266910$62.17$3.12
Apr 202577173563010$63.54$3.42
Mar 202565866017,31015,5660$68.24$4.12
Feb 202566065714,97212,2430$71.53$4.19
Jan 202571571310,9799,4410$75.74$4.13
Dec 202494194912,54010,6200$70.12$3.01
Nov 20241,0031,01012,33111,3210$69.95$2.12
Oct 20241,2811,27711,64610,7260$71.99$2.20
Sep 20249909819,0846,6040$70.24$2.28
Aug 202455855711,3138,8230$76.68$1.99
Jul 202465267713,3438,6350$81.80$2.07
Jun 202461261410,0984,2550$79.77$2.54
May 20248658349,6094,1630$80.02$2.12
Apr 20245455403,7032,78534$85.35$1.60
Mar 20242732562,5161,4460$81.28$1.49
Feb 2024871152,4741,5220$77.25$1.72
Jan 20246576458,1175,3500$74.15$3.18
Dec 20236997209,0836,1220$71.90$2.52
Nov 20239719547,5796,3590$77.69$2.71
Oct 20231,0961,1657,5026,1130$85.64$2.98
Sep 20231,0511,0008,4366,5110$89.43$2.64
Aug 20231,3691,36116,87614,598885$81.39$2.58

Flared above 3%

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

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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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