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Texas oil lease

Producing

TARGET R

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

1 well

6,633bbl oil, last 12 months−39% vs prior year
Operator
Diamondback E&P LLC
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-51337

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
147,554 mcf
Oil in Jul 2026
246 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for TARGET R, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 6,633 bbl in the 12 months through Jul 2026, against 10,962 bbl in the 12 months before.Last 12 months: 6,633 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for TARGET R, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 6,633 bbl in the 12 months through Jul 2026, against 10,962 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 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 5.5% 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 R 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 5.5% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: line to otherFlared 5.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to other uses instead of a transmission lineShare of TARGET R 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 5.5% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Apr 26: line to otherFlared 5.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    52% · 77,238 mcf

  • Other (5 to 8)

    47% · 68,987 mcf

  • Lease fuel (1)

    0.9% · 1,329 mcf

1 well on this lease

Wells on TARGET R
API numberWell no.Status
42-173-376933904WAActive

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

806.80 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Target R
API numberWell no.Acreson the permit
42-173-376933904WA806.80

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 R
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262462867,4213,0730$80.46$2.89
Jun 20263913978,9803,1880$84.81$3.15
May 202634834910,0393,1370$102.13$2.94
Apr 202646853711,5353,6920$100.32$2.77
Mar 202660555415,6998,1460$91.38$3.04
Feb 20266957408,2574,4810$64.51$3.62
Jan 202678990312,1269,5120$60.04$7.72
Dec 202582464518,0179,2920$57.97$4.26
Nov 202557855320,68513,3350$60.06$3.79
Oct 202548560510,0816,4560$60.89$3.19
Sep 202560249111,2075,3740$63.96$2.97
Aug 202560260113,5077,5520$64.86$2.91
Jul 20257757589,0975,6900$68.39$3.20
Jun 202565066617,91013,0600$68.17$3.02
May 202584585817,81015,9000$62.17$3.12
Apr 202576573221,82519,5600$63.54$3.42
Mar 202573274518,63417,0790$68.24$4.12
Feb 202595595916,33613,6150$71.53$4.19
Jan 20251,2011,18416,13814,4620$75.74$4.13
Dec 20241,1411,14320,66018,2250$70.12$3.01
Nov 202498699218,86817,9750$69.95$2.12
Oct 20241,2441,25419,41518,7960$71.99$2.20
Sep 20241,3141,28120,59017,4930$70.24$2.28
Aug 202435437110,0708,1910$76.68$1.99
Jul 202480487614,0449,2650$81.80$2.07
Jun 20241,2121,19816,6107,5240$79.77$2.54
May 20241,4511,40020,2289,5040$80.02$2.12
Apr 202493096113,35912,703156$85.35$1.60
Mar 20241,02999315,56613,1450$81.28$1.49
Feb 20241,1331,13518,72214,7540$77.25$1.72
Jan 202484582910,3947,1770$74.15$3.18
Dec 202389991311,3418,2140$71.90$2.52
Nov 20239279207,2726,7190$77.69$2.71
Oct 20231,4371,61611,24010,5920$85.64$2.98
Sep 20232,3952,23918,93516,7900$89.43$2.64
Aug 20231,8041,78621,04919,1601,162$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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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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