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Texas oil lease

Producing

WILBANKS 16

Wilbanks 16 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

4,621bbl oil, last 12 months+4% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-44870

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
10,991 mcf
Oil in Jul 2026
339 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 rose 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for WILBANKS 16, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 4,621 bbl in the 12 months through Jul 2026, against 4,428 bbl in the 12 months before.Last 12 months: 4,621 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for WILBANKS 16, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 4,621 bbl in the 12 months through Jul 2026, against 4,428 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 94.5% of the gas in Jan 2024.

  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of WILBANKS 16 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 94.5% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 94.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of WILBANKS 16 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 94.5% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 94.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WILBANKS 16
API numberWell no.Status
42-317-385924Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Aug 1, 2024–
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, 2023Aug 1, 2024
Shell Trading (Us) CompanyOilGathers50Jan 1, 2023Aug 1, 2024
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

243.60 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 243.6 and 1,675.6 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 16
API numberWell no.Acreson the permit
42-317-385924243.60
42-317-3759231,675.60
42-317-375923 D1,675.60
42-317-3741121,675.60
42-317-3670911,675.60

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 16
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263392774414410$80.46$2.89
Jun 20265154981,1571,1570$84.81$3.15
May 20264684896426420$102.13$2.94
Apr 20264454744894890$100.32$2.77
Mar 20264835305615610$91.38$3.04
Feb 20266134345465460$64.51$3.62
Jan 20266336878568560$60.04$7.72
Dec 20251021871,4651,4650$57.97$4.26
Nov 20259108058050$60.06$3.79
Oct 20252423011,1791,1790$60.89$3.19
Sep 20253192651,2201,2200$63.96$2.97
Aug 20253713741,6301,6300$64.86$2.91
Jul 20254104211,5911,5910$68.39$3.20
Jun 20253483431,5491,5490$68.17$3.02
May 20253263421,6121,6120$62.17$3.12
Apr 20253893841,0251,0250$63.54$3.42
Mar 20253373351,1501,11535$68.24$4.12
Feb 20253563441,4931,4930$71.53$4.19
Jan 20253713621,5391,52910$75.74$4.13
Dec 20243984591,5731,5730$70.12$3.01
Nov 20243733401,315986329$69.95$2.12
Oct 20244184071,6121,373239$71.99$2.20
Sep 20243623341,7211,7210$70.24$2.28
Aug 20243403801,6951,6950$76.68$1.99
Jul 20245385161,5781,55820$81.80$2.07
Jun 20244354801,6361,61323$79.77$2.54
May 20245104901,6211,57645$80.02$2.12
Apr 20243843841,2741,171103$85.35$1.60
Mar 20244294411,7601,70060$81.28$1.49
Feb 20245675861,6881,549139$77.25$1.72
Jan 20246246291,9661081,858$74.15$3.18
Dec 20236305871,5291,333196$71.90$2.52
Nov 20235666031,5461,5460$77.69$2.71
Oct 20234654551,160990170$85.64$2.98
Sep 20233943961,6861,66620$89.43$2.64
Aug 20233423361,5761,5760$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

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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