Skip to content
Royalty Clerk

Texas oil lease

Producing

TEAGUE-OWENS UNIT

Teague-Owens Unit is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Phantom (Wolfcamp) field.

1 well

13,504bbl oil, last 12 months−15% vs prior year
Operator
Diamondback E&P LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-47961

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
28,671 mcf
Oil in Jul 2026
1,610 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for TEAGUE-OWENS UNIT, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 13,504 bbl in the 12 months through Jul 2026, against 15,838 bbl in the 12 months before.Last 12 months: 13,504 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for TEAGUE-OWENS UNIT, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 13,504 bbl in the 12 months through Jul 2026, against 15,838 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 37.2% of the gas in Nov 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of TEAGUE-OWENS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 37.2% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to lineFlared 37.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuelShare of TEAGUE-OWENS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 37.2% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Feb 26: fuel to lineFlared 37.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    62% · 17,760 mcf

  • Lease fuel (1)

    36% · 10,207 mcf

  • Flared (4)

    2.5% · 704 mcf

2.5% of the gas flared in the last 12 months. 10 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TEAGUE-OWENS UNIT
API numberWell no.Status
42-389-349881HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Apr 1, 2025–
Energy Transfer CompanyCasinghead gasBuys100Aug 29, 2016–
Energy Transfer CompanyCasinghead gasGathers100Aug 29, 2016–
Oasis Transp & Marketing Corp.OilGathers100Aug 29, 2016Apr 1, 2025

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

Who buys my oilOil price check

230.92 acres on the newest permit

Check your decimal on this lease
Permits for Teague-Owens Unit
API numberWell no.Acreson the permit
42-389-349881H230.92

SourceRailroad Commission drilling permits, Oct 3, 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 TEAGUE-OWENS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1,6101,6105,1614,1900$80.46$2.89
Jun 2026Diamondback E&P1,1691,4213,9613,0220$84.81$3.15
May 2026Diamondback E&P1,2881,0732,7671,682114$102.13$2.94
Apr 2026Diamondback E&P1,2231,0682,3221,214263$100.32$2.77
Mar 2026Diamondback E&P1,0241,0882,7811,9070$91.38$3.04
Feb 2026Diamondback E&P8379021,8671,1780$64.51$3.62
Jan 2026Diamondback E&P99589874000$60.04$7.72
Dec 2025Diamondback E&P1,0691,0801,3856400$57.97$4.26
Nov 2025Diamondback E&P5777008790327$60.06$3.79
Oct 2025Diamondback E&P1,2601,2662,5781,6070$60.89$3.19
Sep 2025Diamondback E&P1,1921,0631,9541,0150$63.96$2.97
Aug 2025Diamondback E&P1,2601,4482,2761,3050$64.86$2.91
Jul 2025Diamondback E&P1,0951,0841,7228300$68.39$3.20
Jun 2025Diamondback E&P1,1391,2461,0611220$68.17$3.02
May 2025Diamondback E&P1,2711,2341,2372660$62.17$3.12
Apr 2025Diamondback E&P1,2701,4631,2813420$63.54$3.42
Mar 2025Diamondback E&P7775841,1932220$68.24$4.12
Feb 2025Diamondback E&P1,2169631,8249560$71.53$4.19
Jan 2025Diamondback E&P1,0951,4472,0131,2890$75.74$4.13
Dec 2024Endeavor Energy1,4901,5162,4381,5910$70.12$3.01
Nov 2024Endeavor Energy1,5921,2922,3571,5480$69.95$2.12
Oct 2024Endeavor Energy1,2511,2875,2684,079400$71.99$2.20
Sep 2024Endeavor Energy1,3811,4475,5324,61093$70.24$2.28
Aug 2024Endeavor Energy2,2611,8236,4985,327333$76.68$1.99
Jul 2024Endeavor Energy8731,1106,8785,723372$81.80$2.07
Jun 2024Endeavor Energy1,4471,6525,5364,71541$79.77$2.54
May 2024Endeavor Energy1,7121,4514,3883,69259$80.02$2.12
Apr 2024Endeavor Energy1,0431,1316,3705,157405$85.35$1.60
Mar 2024Endeavor Energy1,6511,6515,9674,913243$81.28$1.49
Feb 2024Endeavor Energy1,6152,0675,7944,798187$77.25$1.72
Jan 2024Endeavor Energy2,4622,2736,4705,59266$74.15$3.18
Dec 2023Endeavor Energy3,0002,8566,8516,0370$71.90$2.52
Nov 2023Endeavor Energy2813773,0892,37528$77.69$2.71
Oct 2023Endeavor Energy1,8752,0275,1194,198107$85.64$2.98
Sep 2023Endeavor Energy1,8251,8235,0804,19374$89.43$2.64
Aug 2023Endeavor Energy1,8962,1958,6807,156710$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldPhantom (Wolfcamp)CountyReeves County

Diamondback E&P LLC in Reeves County

All Diamondback E&P LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km