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Texas oil lease

Producing

WALTON '12'

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

1 well

1,956bbl oil, last 12 months−38% vs prior year
RRC lease
08-45663

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
9,036 mcf
Oil in Jul 2026
129 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 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for WALTON '12', Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 1,956 bbl in the 12 months through Jul 2026, against 3,141 bbl in the 12 months before.Last 12 months: 1,956 bblbbl per monthmcf per month002502505005007507501,0001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for WALTON '12', Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 1,956 bbl in the 12 months through Jul 2026, against 3,141 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502505005007507501,0001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

  • Lease fuel (1)
  • Flared (4)
91% of the gas went to flaring in the last 12 monthsShare of WALTON '12' gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to flaring in the last 12 monthsShare of WALTON '12' gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    91% · 8,260 mcf

  • Lease fuel (1)

    8.6% · 776 mcf

91.4% of the gas flared in the last 12 months. 27 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in May 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Apr 2024; De IV Operating, LLC, May 2024 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed May 2024Changed May 2025Endeavor Energy Resources L.P.Jan 2020 to Apr 2024De IV Operating, LLCMay 2024 to Apr 2025Diamondback E&P LLCMay 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Apr 2024; De IV Operating, LLC, May 2024 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 20262020202120222023202420252026Changed May 2024Changed May 2025Endeavor Energy Resources L.P.Jan 2020 to Apr 2024De IV Operating, LLCMay 2024 to Apr 2025Diamondback E&P LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WALTON '12'
API numberWell no.Status
42-329-389421Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Mar 27, 2014Aug 1, 2025

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

82 acres on the newest permit

Permits for Walton '12'
API numberWell no.Acreson the permit
42-329-38942182

SourceRailroad Commission drilling permits, Sep 26, 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 WALTON '12'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P12907300715$80.46$2.89
Jun 2026Diamondback E&P1601748340704$84.81$3.15
May 2026Diamondback E&P1681748830733$102.13$2.94
Apr 2026Diamondback E&P1591816850655$100.32$2.77
Mar 2026Diamondback E&P1471756510651$91.38$3.04
Feb 2026Diamondback E&P1491855930593$64.51$3.62
Jan 2026Diamondback E&P2261876660666$60.04$7.72
Dec 2025Diamondback E&P1101856660626$57.97$4.26
Nov 2025Diamondback E&P1551796570637$60.06$3.79
Oct 2025Diamondback E&P12508590704$60.89$3.19
Sep 2025Diamondback E&P1473818310681$63.96$2.97
Aug 2025Diamondback E&P2811869810895$64.86$2.91
Jul 2025Diamondback E&P2801260101$68.39$3.20
Jun 2025Diamondback E&P1651768950745$68.17$3.02
May 2025Diamondback E&P1991799160761$62.17$3.12
Apr 2025De IV180185000$63.54$3.42
Mar 2025De IV193177000$68.24$4.12
Feb 2025De IV198167000$71.53$4.19
Jan 2025De IV283375000$75.74$4.13
Dec 2024De IV552746000$70.12$3.01
Nov 2024De IV8677476360636$69.95$2.12
Oct 2024De IV24118391091$71.99$2.20
Sep 2024De IV1200000$70.24$2.28
Aug 2024De IV115182000$76.68$1.99
Jul 2024De IV132182000$81.80$2.07
Jun 2024De IV119025025$79.77$2.54
May 2024De IV151173000$80.02$2.12
Apr 2024Endeavor Energy11707740774$85.35$1.60
Mar 2024Endeavor Energy1191866320632$81.28$1.49
Feb 2024Endeavor Energy1851856400640$77.25$1.72
Jan 2024Endeavor Energy1521887990799$74.15$3.18
Dec 2023Endeavor Energy6705310531$71.90$2.52
Nov 2023Endeavor Energy1141846220622$77.69$2.71
Oct 2023Endeavor Energy1511698540854$85.64$2.98
Sep 2023Endeavor Energy12101740174$89.43$2.64
Aug 2023Endeavor Energy1131823640364$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 Midland County

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Spraberry (Trend Area) field

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