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Texas oil lease

Producing

UL II 49

Ul II 49 is an oil lease in Andrews County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

306bbl oil, last 12 months−33% vs prior year
Operator
Diamondback E&P LLC
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-41723

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
1,097 mcf
Oil in Jul 2026
24 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

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

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Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for UL II 49, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 306 bbl in the 12 months through Jul 2026, against 454 bbl in the 12 months before.Last 12 months: 306 bblbbl per monthmcf per month0025505010075150100200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for UL II 49, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 306 bbl in the 12 months through Jul 2026, against 454 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025505010075150100200Jan 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 lease fuel instead of a transmission line

Flaring peaked at 40.4% of the gas in Nov 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of UL II 49 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 40.4% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: line to fuelFlared 40.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of UL II 49 gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 40.4% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Feb 26: line to fuelFlared 40.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    49% · 591 mcf

  • Transmission line (2)

    44% · 531 mcf

  • Flared (4)

    7.6% · 92 mcf

7.6% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on UL II 49
API numberWell no.Status
42-003-431455Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Sep 1, 2021–
Coronado Midstream LLCCasinghead gasBuys100Sep 1, 2021Apr 1, 2026
Midcon Gathering LLCOilGathers100Sep 1, 2021Apr 1, 2026
Enterprise Crude Oil LLCOilGathers100Sep 1, 2020Sep 1, 2021
Rio Energy International, Inc.OilGathers100Nov 20, 2019Sep 1, 2020
Bridger Transportation, LLCOilGathers50Aug 1, 2014Nov 20, 2019
Shell Trading (Us) CompanyOilGathers50Dec 29, 2011Nov 20, 2019

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

Who buys my oilOil price check

320 acres on the newest permit

Check your decimal on this lease
Permits for Ul II 49
API numberWell no.Acreson the permit
42-003-431455320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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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 UL II 49
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202624165153690$80.46$2.89
Jun 2026340166760$84.81$3.15
May 2026270169760$102.13$2.94
Apr 2026310168735$100.32$2.77
Mar 20262401291224$91.38$3.04
Feb 2026430551021$64.51$3.62
Jan 20262515959590$60.04$7.72
Dec 202532057570$57.97$4.26
Nov 20251201046242$60.06$3.79
Oct 20257037370$60.89$3.19
Sep 2025170000$63.96$2.97
Aug 2025300000$64.86$2.91
Jul 2025340000$68.39$3.20
Jun 202534174000$68.17$3.02
May 2025340000$62.17$3.12
Apr 2025380000$63.54$3.42
Mar 2025370000$68.24$4.12
Feb 202538182000$71.53$4.19
Jan 2025400000$75.74$4.13
Dec 2024440000$70.12$3.01
Nov 2024850000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202420000$70.24$2.28
Aug 202468112000$76.68$1.99
Jul 2024470000$81.80$2.07
Jun 202456106000$79.77$2.54
May 202456127000$80.02$2.12
Apr 2024640000$85.35$1.60
Mar 202469153000$81.28$1.49
Feb 20246403900$77.25$1.72
Jan 20246707800$74.15$3.18
Dec 2023661879300$71.90$2.52
Nov 20234719110$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 2023220000$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)CountyAndrews County

Diamondback E&P LLC in Andrews County

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Spraberry (Trend Area) field

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