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Texas oil lease

Producing

VERDOT

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

4 wells

1,657bbl oil, last 12 months+23% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-39944

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
5,259 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output rose 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 23% over the last 12 monthsMonthly oil production and gas for VERDOT, Aug 2023 to Jul 2026. Oil output rose 23% over the last 12 months. 1,657 bbl in the 12 months through Jul 2026, against 1,347 bbl in the 12 months before.Last 12 months: 1,657 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 23% over the last 12 monthsMonthly oil production and gas for VERDOT, Aug 2023 to Jul 2026. Oil output rose 23% over the last 12 months. 1,657 bbl in the 12 months through Jul 2026, against 1,347 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

Flaring peaked at 25.4% of the gas in Jun 2024.

  • Transmission line (2)
  • Flared (4)
98% of the gas went to a transmission line in the last 12 monthsShare of VERDOT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 25.4% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 25.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of VERDOT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Flaring peaked at 25.4% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 25.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 5,423 mcf

  • Flared (4)

    2.2% · 124 mcf

2.2% of the gas flared in the last 12 months. 5 months above 3%.

4 wells on this lease

Wells on VERDOT
API numberWell no.Status
42-317-356593Shut-in
42-317-371121Active
42-317-378534Shut-in
42-317-383195Shut-in

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 gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Jul 1, 2021Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Jul 1, 2021Apr 1, 2026
Eastex Crude Company, LLCOilGathers25Jan 1, 2023Apr 1, 2026
Explore Logistics LLCOilGathers25Jul 1, 2021Apr 1, 2026
Oryx Midland Oil Gathering LLCOilGathers50May 1, 2021Apr 1, 2026
Eastex Crude CompanyOilGathers25Jul 1, 2021Jan 1, 2023

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

Who buys my oilOil price check

222.63 acres on the newest permit

The wells on this lease state different acreage

The permits state between 160 and 281.75 acres.

Permits for Verdot
API numberWell no.Acreson the permit
42-317-383195222.63
42-317-378534222.62
42-317-371121160
42-317-356593281.75

SourceRailroad Commission drilling permits, Sep 26, 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 VERDOT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026014000$80.46$2.89
Jun 20261181213903864$84.81$3.15
May 20261391404724720$102.13$2.94
Apr 20261381404904900$100.32$2.77
Mar 20261721755785780$91.38$3.04
Feb 20261351354494490$64.51$3.62
Jan 202617416934232418$60.04$7.72
Dec 20251771744794790$57.97$4.26
Nov 202518819352743691$60.06$3.79
Oct 20251371384824820$60.89$3.19
Sep 20251631545635630$63.96$2.97
Aug 202511610848747611$64.86$2.91
Jul 202532282882880$68.39$3.20
Jun 202502000$68.17$3.02
May 20254816160$62.17$3.12
Apr 2025223354540$63.54$3.42
Mar 202521721864460539$68.24$4.12
Feb 20252032085785780$71.53$4.19
Jan 20251851834024020$75.74$4.13
Dec 20241671602832830$70.12$3.01
Nov 20241261352542531$69.95$2.12
Oct 20241421463113083$71.99$2.20
Sep 20241421334084080$70.24$2.28
Aug 20241071163153150$76.68$1.99
Jul 20242102054404400$81.80$2.07
Jun 2024319307669499170$79.77$2.54
May 202434833864162813$80.02$2.12
Apr 20243013015735730$85.35$1.60
Mar 20242502534824820$81.28$1.49
Feb 20242893406006000$77.25$1.72
Jan 20243203676426420$74.15$3.18
Dec 20233412897757750$71.90$2.52
Nov 202327129871369914$77.69$2.71
Oct 20233402816126066$85.64$2.98
Sep 20231991934044040$89.43$2.64
Aug 202315315526224022$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

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