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Texas oil lease

Producing

WILBANKS

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

4 wells

5,044bbl oil, last 12 months−54% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-44873

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
9,955 mcf
Oil in Jul 2026
471 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 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 54% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for WILBANKS, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 5,044 bbl in the 12 months through Jul 2026, against 11,003 bbl in the 12 months before.Last 12 months: 5,044 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for WILBANKS, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 5,044 bbl in the 12 months through Jul 2026, against 11,003 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 81.2% of the gas in Jul 2024.

  • Transmission line (2)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of WILBANKS gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 81.2% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 81.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of WILBANKS gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 81.2% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 81.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 9,500 mcf

  • Flared (4)

    4.6% · 455 mcf

4.6% of the gas flared in the last 12 months. 13 months above 3%.

4 wells on this lease

Wells on WILBANKS
API numberWell no.Status
42-317-381884503Active
42-317-381894504Shut-in
42-317-381914505Shut-in
42-317-393614506Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Jan 1, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Jan 1, 2023Aug 1, 2024
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Sep 1, 2023
Shell Trading (Us) CompanyOilGathers50Oct 1, 2015Sep 1, 2023
Wtg Gas Processing, L.p.Casinghead gasGathers100Apr 1, 2013Jan 1, 2023

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

Who buys my oilOil price check

321.18 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 321.18 and 1,675.8 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Wilbanks
API numberWell no.Acreson the permit
42-317-393614506321.18
42-317-3818945041,675.60
42-317-3819145051,675.60
42-317-3818845031,675.60
42-317-3764445021,675.80
42-317-364134501560

SourceRailroad Commission drilling permits, Oct 3, 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 WILBANKS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264715434814810$80.46$2.89
Jun 20263803475515510$84.81$3.15
May 20265045325725720$102.13$2.94
Apr 2026921061060$100.32$2.77
Mar 20263335155645640$91.38$3.04
Feb 202642935470066238$64.51$3.62
Jan 20262361771721720$60.04$7.72
Dec 2025218276838582256$57.97$4.26
Nov 20256605381,6361,515121$60.06$3.79
Oct 20255415221,1881,1880$60.89$3.19
Sep 20256136741,6231,58340$63.96$2.97
Aug 20256505251,5241,5240$64.86$2.91
Jul 20257718741,9151,9150$68.39$3.20
Jun 20259251,0502,8082,703105$68.17$3.02
May 20258648643,1663,1660$62.17$3.12
Apr 20258908762,5482,5480$63.54$3.42
Mar 20258841,0642,6602,6600$68.24$4.12
Feb 20257765212,3602,32040$71.53$4.19
Jan 20259288812,6922,446246$75.74$4.13
Dec 20249481,1282,6852,61273$70.12$3.01
Nov 20241,0081,0442,6252,439186$69.95$2.12
Oct 20241,0368642,6602,044616$71.99$2.20
Sep 20248938602,8772,703174$70.24$2.28
Aug 20241,0801,1603,4693,348121$76.68$1.99
Jul 20241,2071,3494,1067733,333$81.80$2.07
Jun 20241,1311,0304,0447863,258$79.77$2.54
May 20241,4511,5241,8591,82435$80.02$2.12
Apr 20241,1271,3411,278801477$85.35$1.60
Mar 20241,6791,3491,8051,8050$81.28$1.49
Feb 202410222212210$77.25$1.72
Jan 2024660990491307184$74.15$3.18
Dec 20231,4101,3821,1741,1740$71.90$2.52
Nov 20231,4921,3611,0171,0170$77.69$2.71
Oct 20231,2741,5525955950$85.64$2.98
Sep 20235783483843840$89.43$2.64
Aug 202321803503500$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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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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