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Texas oil lease

Producing

WATCHMAN 30-26 C

Watchman 30-26 C is an oil lease in Reeves County, Texas, operated by Blue Arrow Operating, LLC in the Hoefs T-K (Wolfcamp) field.

1 well

47,828bbl oil, last 12 months−39% vs prior year
RRC lease
08-58520

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
62,930 mcf
Oil in Jul 2026
2,590 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Blue Arrow Operating, LLC took over from Diamondback E&P LLC in Mar 2026.

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

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Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for WATCHMAN 30-26 C, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 47,828 bbl in the 12 months through Jul 2026, against 78,430 bbl in the 12 months before.Last 12 months: 47,828 bblbbl per monthmcf per month005,0002,50010k5,00015k7,50020k10k25k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for WATCHMAN 30-26 C, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 47,828 bbl in the 12 months through Jul 2026, against 78,430 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0002,50010k5,00015k7,50020k10k25k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 11.6% of the gas in Jul 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of WATCHMAN 30-26 C gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 11.6% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: line to plantFlared 11.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of WATCHMAN 30-26 C gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 11.6% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Mar 26: line to plantFlared 11.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 45,267 mcf

  • Processing plant (3)

    26% · 16,598 mcf

  • Flared (4)

    1.2% · 734 mcf

  • Lease fuel (1)

    0.5% · 331 mcf

1.2% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2026

Operators of this lease over timeDiamondback E&P LLC, Nov 2022 to Feb 2026; Blue Arrow Operating, LLC, Mar 2026 to Jul 20262023202420252026Changed Mar 2026Diamondback E&P LLCNov 2022 to Feb 2026Blue Arrow Operating, LLCMar 2026 to now
Operators of this lease over timeDiamondback E&P LLC, Nov 2022 to Feb 2026; Blue Arrow Operating, LLC, Mar 2026 to Jul 20262023202420252026Changed Mar 2026Diamondback E&P LLCNov 2022 to Feb 2026Blue Arrow Operating, LLCMar 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WATCHMAN 30-26 C
API numberWell no.Status
42-389-398303SBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers100Mar 11, 2026–
Brazos Midstream Operating, LLCCasinghead gasBuys100Nov 7, 2022–
Brazos Midstream Operating, LLCCasinghead gasGathers100Nov 7, 2022–
Energy Trans Crude Marketing LLCOilGathers100Nov 1, 2025Mar 11, 2026
Diamondback E&P LLCOilGathers50Nov 7, 2022Nov 1, 2025
Shell Trading (Us) CompanyOilGathers50Nov 7, 2022Nov 1, 2025

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

1,867.03 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 Watchman 30-26 C
API numberWell no.Acreson the permit
42-389-398303SB1,867.03

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

Estimate your royalty

36 months, newest first

Ledger for WATCHMAN 30-26 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Blue Arrow2,5902,6165,9575,253691$80.46$2.89
Jun 2026Blue Arrow2,4292,4072,5912,5590$84.81$3.15
May 2026Blue Arrow2,7962,8493,3493,3190$102.13$2.94
Apr 2026Blue Arrow4,1474,2183,3913,3640$100.32$2.77
Mar 2026Blue Arrow4,0854,0232,1822,10343$91.38$3.04
Feb 2026Diamondback E&P1,3461,3142,0242,0150$64.51$3.62
Jan 2026Diamondback E&P4,6554,7226,4336,4050$60.04$7.72
Dec 2025Diamondback E&P4,6064,6707,2717,2370$57.97$4.26
Nov 2025Diamondback E&P5,1715,1086,3376,3060$60.06$3.79
Oct 2025Diamondback E&P5,2705,3416,9966,9640$60.89$3.19
Sep 2025Diamondback E&P5,2765,1928,4378,4050$63.96$2.97
Aug 2025Diamondback E&P5,4575,4747,9627,9350$64.86$2.91
Jul 2025Diamondback E&P5,8755,8225,9395,806107$68.39$3.20
Jun 2025Diamondback E&P6,0066,0124,9614,9355$68.17$3.02
May 2025Diamondback E&P7,2427,2246,4636,4400$62.17$3.12
Apr 2025Diamondback E&P6,6776,6705,5325,5120$63.54$3.42
Mar 2025Diamondback E&P7,1797,1835,7235,7030$68.24$4.12
Feb 2025Diamondback E&P6,0286,1234,5604,46677$71.53$4.19
Jan 2025Diamondback E&P5,6855,6003,4403,4280$75.74$4.13
Dec 2024Diamondback E&P5,8775,9125,3545,3259$70.12$3.01
Nov 2024Diamondback E&P6,6786,6935,4895,325145$69.95$2.12
Oct 2024Diamondback E&P7,7457,7849,3559,3260$71.99$2.20
Sep 2024Diamondback E&P6,9516,9276,2286,19911$70.24$2.28
Aug 2024Diamondback E&P6,4876,4754,5694,5560$76.68$1.99
Jul 2024Diamondback E&P6,6726,6384,1594,1460$81.80$2.07
Jun 2024Diamondback E&P7,1487,1473,4233,4100$79.77$2.54
May 2024Diamondback E&P6,7836,8164,2314,2160$80.02$2.12
Apr 2024Diamondback E&P5,9716,0035,9675,9500$85.35$1.60
Mar 2024Diamondback E&P6,9926,9346,5116,4940$81.28$1.49
Feb 2024Diamondback E&P7,1557,1836,3956,168212$77.25$1.72
Jan 2024Diamondback E&P11,93111,9799,6519,6270$74.15$3.18
Dec 2023Diamondback E&P12,98113,0429,3579,3350$71.90$2.52
Nov 2023Diamondback E&P14,00913,98210,30010,2820$77.69$2.71
Oct 2023Diamondback E&P13,19213,03410,55310,5340$85.64$2.98
Sep 2023Diamondback E&P7,7707,8246,9566,9410$89.43$2.64
Aug 2023Diamondback E&P10,39810,3577,7147,6990$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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