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WILBANKS SN 16-15 03

Wilbanks SN 16-15 03 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

2,053bbl oil, last 12 months−72% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-47483

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
7,602 mcf
Oil in Jul 2026
0 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.

  • Sales

    No sales reported for the last 5 months of state data (through Jul 2026).

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 72% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for WILBANKS SN 16-15 03, Aug 2023 to Jul 2026. Oil output fell 72% over the last 12 months. 2,053 bbl in the 12 months through Jul 2026, against 7,270 bbl in the 12 months before.Last 12 months: 2,053 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 72% over the last 12 monthsMonthly oil production and gas for WILBANKS SN 16-15 03, Aug 2023 to Jul 2026. Oil output fell 72% over the last 12 months. 2,053 bbl in the 12 months through Jul 2026, against 7,270 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 55.9% of the gas in Jan 2024.

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of WILBANKS SN 16-15 03 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 55.9% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 55.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of WILBANKS SN 16-15 03 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 55.9% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 55.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 23,317 mcf

  • Flared (4)

    0.3% · 72 mcf

0.3% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on WILBANKS SN 16-15 03
API numberWell no.Status
42-317-40163103HActive

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 gasGathers100Sep 11, 2015Jan 1, 2023

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

Who buys my oilOil price check

563.60 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives 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 Wilbanks SN 16-15 03
API numberWell no.Acreson the permit
42-317-40163103H563.60

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 SN 16-15 03
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 2026011000$64.51$3.62
Jan 202656451171170$60.04$7.72
Dec 2025135220$57.97$4.26
Nov 20253072844784780$60.06$3.79
Oct 20254845211,9841,9840$60.89$3.19
Sep 20255985622,4662,4660$63.96$2.97
Aug 20256076062,5552,5550$64.86$2.91
Jul 20256046042,4432,4430$68.39$3.20
Jun 20254744942,1822,1820$68.17$3.02
May 20255455412,8032,8030$62.17$3.12
Apr 20256896873,0903,0900$63.54$3.42
Mar 20256646672,4502,4500$68.24$4.12
Feb 20255855762,8192,74772$71.53$4.19
Jan 20255355312,2872,22166$75.74$4.13
Dec 20244424671,5671,55413$70.12$3.01
Nov 20246436472,9102,89416$69.95$2.12
Oct 20248518533,0993,01386$71.99$2.20
Sep 20247607332,6282,6280$70.24$2.28
Aug 20244784821,1871,1852$76.68$1.99
Jul 20245095111,6451,6450$81.80$2.07
Jun 20244294251,5511,418133$79.77$2.54
May 20245185241,3651,193172$80.02$2.12
Apr 20244834921,4811,226255$85.35$1.60
Mar 20247137122,0601,96892$81.28$1.49
Feb 20246686651,6441,242402$77.25$1.72
Jan 2024528514863381482$74.15$3.18
Dec 202333733155148764$71.90$2.52
Nov 20232132131,01793285$77.69$2.71
Oct 2023233238707553154$85.64$2.98
Sep 202324724366662937$89.43$2.64
Aug 2023280273974815159$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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