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UL III 12

Ul III 12 is an oil lease in Andrews County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

3,459bbl oil, last 12 months−37% vs prior year
RRC lease
08-41464

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
565 mcf
Oil in Jul 2026
200 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 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for UL III 12, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 3,459 bbl in the 12 months through Jul 2026, against 5,451 bbl in the 12 months before.Last 12 months: 3,459 bblbbl per monthmcf per month0020050400100600150800200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for UL III 12, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 3,459 bbl in the 12 months through Jul 2026, against 5,451 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020050400100600150800200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 11.1% of the gas in Nov 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuelShare of UL III 12 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 11.1% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2024: fuel to lineFlared 11.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuelShare of UL III 12 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2024 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 11.1% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Apr 24: fuel to lineFlared 11.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 556 mcf

  • Flared (4)

    1.6% · 9 mcf

1.6% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on UL III 12
API numberWell no.Status
42-003-418022Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering 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
Enlink North Texas Gathering, LPCasinghead gasGathers100Jun 1, 2016Nov 20, 2019
Coronado Midstream LLCCasinghead gasBuys100Jan 15, 2015Nov 20, 2019

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

161.83 acres on the newest permit

Permits for Ul III 12
API numberWell no.Acreson the permit
42-003-418022161.83

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

36 months, newest first

Ledger for UL III 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202620020066651$80.46$2.89
Jun 202615615773721$84.81$3.15
May 202614915054540$102.13$2.94
Apr 202626226276751$100.32$2.77
Mar 202622622835350$91.38$3.04
Feb 202631231051510$64.51$3.62
Jan 202633233234331$60.04$7.72
Dec 202540440566660$57.97$4.26
Nov 202537637536324$60.06$3.79
Oct 202536036013130$60.89$3.19
Sep 202528028222220$63.96$2.97
Aug 202540240339381$64.86$2.91
Jul 2025467469000$68.39$3.20
Jun 2025464459000$68.17$3.02
May 2025594595000$62.17$3.12
Apr 2025546548000$63.54$3.42
Mar 2025547549000$68.24$4.12
Feb 2025537534000$71.53$4.19
Jan 2025541540000$75.74$4.13
Dec 2024524521000$70.12$3.01
Nov 202421335000$69.95$2.12
Oct 2024395348000$71.99$2.20
Sep 2024388526000$70.24$2.28
Aug 2024427349000$76.68$1.99
Jul 202442635542420$81.80$2.07
Jun 20241661771251250$79.77$2.54
May 2024001531530$80.02$2.12
Apr 20241851651791160$85.35$1.60
Mar 2024382347119590$81.28$1.49
Feb 202427818153230$77.25$1.72
Jan 202472174145310$74.15$3.18
Dec 20230016800$71.90$2.52
Nov 20230018550$77.69$2.71
Oct 20231190900$85.64$2.98
Sep 20230045450$89.43$2.64
Aug 20231020147570$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

Diamondback E&P LLC in Andrews County

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Spraberry (Trend Area) field

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