Skip to content
Royalty Clerk

Texas oil lease

Producing

TRIPLE NAIL E 27-38

Triple Nail E 27-38 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

69,318bbl oil, last 12 months−60% vs prior year
RRC lease
08-60485

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
285,091 mcf
Oil in Jul 2026
5,108 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from De IV Operating, LLC in May 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 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 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for TRIPLE NAIL E 27-38, Feb 2024 to Jul 2026. Oil output fell 60% over the last 12 months. 69,318 bbl in the 12 months through Jul 2026, against 173,180 bbl in the 12 months before.Last 12 months: 69,318 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for TRIPLE NAIL E 27-38, Feb 2024 to Jul 2026. Oil output fell 60% over the last 12 months. 69,318 bbl in the 12 months through Jul 2026, against 173,180 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 7.6% of the gas in May 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of TRIPLE NAIL E 27-38 gas by disposition code each month, Feb 2024 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 7.6% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: plant to lineFlared 7.6%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of TRIPLE NAIL E 27-38 gas by disposition code each month, Feb 2024 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 7.6% of the gas in May 2025.Share of gas by disposition code0%50%100%May 25: plant to lineFlared 7.6%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 283,764 mcf

  • Flared (4)

    0.4% · 1,070 mcf

  • Lease fuel (1)

    0.1% · 257 mcf

0.4% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in May 2025

Operators of this lease over timeDe IV Operating, LLC, Feb 2024 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 202620252026Changed May 2025De IV Operating, LLCFeb 2024 to Apr 2025Diamondback E&P LLCMay 2025 to now
Operators of this lease over timeDe IV Operating, LLC, Feb 2024 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 202620252026Changed May 2025De IV Operating, LLCFeb 2024 to Apr 2025Diamondback E&P LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on TRIPLE NAIL E 27-38
API numberWell no.Status
42-317-454034205HActive
42-317-454042605HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Energy Transfer CompanyOilGathers100Feb 1, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Feb 1, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 1, 2024

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

649.64 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 Triple Nail E 27-38
API numberWell no.Acreson the permit
42-317-454034205H649.64
42-317-454042605H649.64

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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

30 months, newest first

Ledger for TRIPLE NAIL E 27-38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P5,1085,10023,20223,08596$80.46$2.89
Jun 2026Diamondback E&P4,0884,09920,49320,4730$84.81$3.15
May 2026Diamondback E&P4,6244,62121,22321,2050$102.13$2.94
Apr 2026Diamondback E&P4,7444,73720,35520,3390$100.32$2.77
Mar 2026Diamondback E&P5,4135,42222,44922,4310$91.38$3.04
Feb 2026Diamondback E&P4,9484,96120,40020,3830$64.51$3.62
Jan 2026Diamondback E&P5,9245,92523,90923,8870$60.04$7.72
Dec 2025Diamondback E&P6,6556,65926,06826,01432$57.97$4.26
Nov 2025Diamondback E&P7,0577,09025,65924,695942$60.06$3.79
Oct 2025Diamondback E&P8,1708,19827,52527,4980$60.89$3.19
Sep 2025Diamondback E&P9,5589,49233,46833,4350$63.96$2.97
Aug 2025Diamondback E&P3,0293,04620,34020,3190$64.86$2.91
Jul 2025Diamondback E&P7,3807,41224,10524,0850$68.39$3.20
Jun 2025Diamondback E&P8,6538,63524,57824,5610$68.17$3.02
May 2025Diamondback E&P8,9088,87726,31124,2792,012$62.17$3.12
Apr 2025De IV8,5078,53725,02525,0250$63.54$3.42
Mar 2025De IV9,9399,94824,97224,9720$68.24$4.12
Feb 2025De IV10,81310,89627,36227,3620$71.53$4.19
Jan 2025De IV14,01213,93630,97830,9780$75.74$4.13
Dec 2024De IV17,59817,61929,09829,0980$70.12$3.01
Nov 2024De IV18,77718,78332,86831,6001,268$69.95$2.12
Oct 2024De IV20,73620,75036,16436,1640$71.99$2.20
Sep 2024De IV24,27324,30138,20538,2050$70.24$2.28
Aug 2024De IV23,58423,55630,00730,0052$76.68$1.99
Jul 2024De IV27,60527,61932,95832,9517$81.80$2.07
Jun 2024De IV29,96530,00331,73631,7360$79.77$2.54
May 2024De IV31,93231,90429,02829,0271$80.02$2.12
Apr 2024De IV32,42032,48528,97728,9752$85.35$1.60
Mar 2024De IV37,66437,62731,13231,1284$81.28$1.49
Feb 2024De IV4,2074,0214,5264,46264$77.25$1.72

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?

Nearby

Diamondback E&P LLC in Martin County

All Diamondback E&P LLC leases →

Leases within 10 km

Drilling permits within 10 km