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Texas oil lease

Producing

WILEY "4"

Wiley "4" is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

1,197bbl oil, last 12 months−50% vs prior year
RRC lease
08-40285

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
8,241 mcf
Oil in Jul 2026
47 bbl

Production by month

Oil output fell 50% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for WILEY "4", Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 1,197 bbl in the 12 months through Jul 2026, against 2,380 bbl in the 12 months before.Last 12 months: 1,197 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for WILEY "4", Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 1,197 bbl in the 12 months through Jul 2026, against 2,380 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 56.2% of the gas in Jan 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WILEY "4" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 56.2% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 56.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WILEY "4" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 56.2% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 56.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on WILEY "4"
API numberWell no.Status
42-317-333081Active
42-317-334002Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Aug 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Jan 4, 2010Aug 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Jan 4, 2010Aug 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Apr 1, 2018Aug 1, 2025

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

160 acres on the newest permit

Permits for Wiley "4"
API numberWell no.Acreson the permit
42-317-333081160
42-317-334002162.20

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 WILEY "4"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P471706016010$80.46$2.89
Jun 2026Diamondback E&P4407627620$84.81$3.15
May 2026Diamondback E&P7909309300$102.13$2.94
Apr 2026Diamondback E&P1291718458450$100.32$2.77
Mar 2026Diamondback E&P1531847797790$91.38$3.04
Feb 2026Diamondback E&P11315765760$64.51$3.62
Jan 2026Diamondback E&P1441807817810$60.04$7.72
Dec 2025Diamondback E&P1741826556550$57.97$4.26
Nov 2025Diamondback E&P381653103100$60.06$3.79
Oct 2025Diamondback E&P9707827820$60.89$3.19
Sep 2025Diamondback E&P751725275270$63.96$2.97
Aug 2025Diamondback E&P10406936930$64.86$2.91
Jul 2025Diamondback E&P7075750$68.39$3.20
Jun 2025Diamondback E&P1281855105100$68.17$3.02
May 2025Diamondback E&P5507077070$62.17$3.12
Apr 2025Diamondback E&P8006766760$63.54$3.42
Mar 2025Diamondback E&P1001835885880$68.24$4.12
Feb 2025Diamondback E&P1831783,7573,7570$71.53$4.19
Jan 2025Diamondback E&P2813713,6853,6850$75.74$4.13
Dec 2024Endeavor Energy3513633,6393,6390$70.12$3.01
Nov 2024Endeavor Energy2291773,8413,8410$69.95$2.12
Oct 2024Endeavor Energy3513554,1324,1320$71.99$2.20
Sep 2024Endeavor Energy3553472,1842,1840$70.24$2.28
Aug 2024Endeavor Energy2601851,7731,7730$76.68$1.99
Jul 2024Endeavor Energy3363585,3595,3590$81.80$2.07
Jun 2024Endeavor Energy4215185,2425,2420$79.77$2.54
May 2024Endeavor Energy5555194,6204,6200$80.02$2.12
Apr 2024Endeavor Energy5415285,0095,0090$85.35$1.60
Mar 2024Endeavor Energy7451,0304,6224,6220$81.28$1.49
Feb 2024Endeavor Energy3913361,9351,357578$77.25$1.72
Jan 2024Endeavor Energy2633840368472$74.15$3.18
Dec 2023Endeavor Energy001251250$71.90$2.52
Nov 2023Endeavor Energy184166856520336$77.69$2.71
Oct 2023Endeavor Energy164175565274291$85.64$2.98
Sep 2023Endeavor Energy1191641461460$89.43$2.64
Aug 2023Endeavor Energy2583361,7201,286434$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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