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Texas oil lease

Producing

TIBOR 11-2 B

Tibor 11-2 B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

143,970bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-63706

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
176,285 mcf
Oil in Jul 2026
8,456 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output since May 2025

  • Oil (bars)
  • Gas (line)
Oil output since May 2025Monthly oil production and gas for TIBOR 11-2 B, May 2025 to Jul 2026. Oil output since May 2025. Monthly average of 9,529 bbl in the latest 3 months, against 0 bbl in the first 3.bbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 25OctJan 26AprJul
Oil output since May 2025Monthly oil production and gas for TIBOR 11-2 B, May 2025 to Jul 2026. Oil output since May 2025. Monthly average of 9,529 bbl in the latest 3 months, against 0 bbl in the first 3.bbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the 11 months reported

Flaring peaked at 13.3% of the gas in Oct 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the 11 months reportedShare of TIBOR 11-2 B gas by disposition code each month, May 2025 to Jul 2026. 95% of the gas went to a transmission line in the 11 months reported. Flaring peaked at 13.3% of the gas in Oct 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 13.3%Jul 25OctJan 26AprJul
95% of the gas went to a transmission line in the 11 months reportedShare of TIBOR 11-2 B gas by disposition code each month, May 2025 to Jul 2026. 95% of the gas went to a transmission line in the 11 months reported. Flaring peaked at 13.3% of the gas in Oct 2025.Share of gas by disposition code0%50%100%Flared 13.3%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 167,516 mcf

  • Lease fuel (1)

    2.7% · 4,800 mcf

  • Flared (4)

    2.3% · 3,969 mcf

2.3% of the gas flared in the 11 months reported. 2 months above 3%.

1 well on this lease

Wells on TIBOR 11-2 B
API numberWell no.Status
42-317-463532JMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Delek Marketing & Supply, LPOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Oct 9, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Oct 9, 2025Mar 1, 2026
Dk Trading & Supply, LLCOilGathers90Nov 1, 2025Mar 1, 2026
Lpc Crude Iii, LLCOilGathers10Nov 1, 2025Mar 1, 2026
Dk Trading & Supply, LLCOilGathers100Oct 9, 2025Nov 1, 2025

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

Who buys my oilOil price check

1,080 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.

Check your decimal on this lease
Permits for Tibor 11-2 B
API numberWell no.Acreson the permit
42-317-463532JM1,080

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

15 months, newest first

Ledger for TIBOR 11-2 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,4568,46617,44516,8350$80.46$2.89
Jun 20269,5249,54417,53317,0010$84.81$3.15
May 202610,60810,57417,90117,3680$102.13$2.94
Apr 202610,53510,56216,23015,67398$100.32$2.77
Mar 202612,44412,43919,75319,2640$91.38$3.04
Feb 202613,47913,47013,39513,0280$64.51$3.62
Jan 202616,23616,21717,75917,063305$60.04$7.72
Dec 202517,30217,29420,09019,046576$57.97$4.26
Nov 202518,23918,26915,04013,724935$60.06$3.79
Oct 202517,33117,50615,48013,0822,055$60.89$3.19
Sep 20259,8169,5265,6595,4320$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12

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)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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