Texas oil lease
ProducingWILLOW LAKES 34 SL
Willow Lakes 34 SL is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-48297
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 119,093 mcf
- Oil in Jul 2026
- 2,132 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Aug 1, 2025.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output rose 666% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Sep 2025 the lease's gas goes to a transmission line instead of lease fuel
Flaring peaked at 27.1% of the gas in Sep 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
90% · 107,540 mcf
Lease fuel (1)
5.2% · 6,196 mcf
Flared (4)
4.5% · 5,357 mcf
4.5% of the gas flared in the last 12 months. 5 months above 3%.
Who has run this lease
The operator changed once, most recently in Mar 2023
- Diamondback E&P LLC Mar 2023 to now
- Lario Oil & Gas Company Jan 2020 to Feb 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-40568 | 391HS | Active |
| 42-329-40630 | 392HW | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Feb 12, 2016 | – |
| Enterprise M B Midstream LLC | Casinghead gas | Buys | 100 | Aug 1, 2025 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Aug 1, 2025 | – |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Gathers | 100 | Apr 26, 2023 | Aug 1, 2025 |
| Ent Navitas Mdstrm Mdlnd Bas LLC | Casinghead gas | Buys | 100 | Apr 26, 2023 | Aug 1, 2025 |
| Navitas Mdstr Midland Basin, LLC | Casinghead gas | Gathers | 100 | Feb 12, 2016 | Apr 26, 2023 |
| Navitas Mdstr Midland Basin, LLC | Casinghead gas | Buys | 100 | Feb 12, 2016 | Apr 26, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
299.51 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-40630 | 392HW | Nov 20, 2015 | Feb 11, 2016 | 299.51 |
| 42-329-40568 | 391HS | Oct 20, 2015 | Feb 12, 2016 | 299.51 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 2,132 | 2,285 | 12,962 | 12,269 | 216 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 2,935 | 2,867 | 16,259 | 15,125 | 547 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 3,364 | 3,239 | 17,698 | 16,818 | 260 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 2,455 | 2,508 | 10,682 | 10,094 | 118 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 3,492 | 3,779 | 15,673 | 14,861 | 222 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 3,759 | 3,472 | 13,045 | 12,205 | 324 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 3,014 | 2,886 | 6,712 | 6,150 | 147 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 2,278 | 2,707 | 7,391 | 6,559 | 442 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 3,098 | 2,846 | 6,484 | 5,218 | 666 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 2,571 | 2,695 | 3,651 | 2,978 | 262 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 4,277 | 4,355 | 7,951 | 5,263 | 2,153 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 4,022 | 3,993 | 585 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 704 | 520 | 295 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 501 | 363 | 183 | 0 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 1 | 0 | 85 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 303 | 203 | 433 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 193 | 40 | 360 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 9 | 0 | 7 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 5 | 0 | 3 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 2 | 177 | 0 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 1,674 | 1,432 | 320 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 751 | 878 | 393 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 738 | 869 | 410 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 1,881 | 1,733 | 620 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 1,984 | 2,276 | 550 | 0 | 0 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 3,168 | 3,103 | 520 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 3,495 | 3,474 | 530 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 2,581 | 2,621 | 326 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 4,007 | 3,885 | 470 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 2,739 | 3,009 | 268 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 4,241 | 4,295 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 4,175 | 4,238 | 160 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 4,379 | 4,241 | 59 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 3,921 | 4,042 | 40 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 4,183 | 4,109 | 30 | 0 | 0 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Midland County
- RIO CONCHO 34-46 A
27,212 bbl
- LUPIN DORA 3143 F
39,393 bbl
- FC E 42-43WSL (ALLOC)
32,150 bbl
- WTH 21-16 D
34,111 bbl
- RIO CONCHO 34-46 B
30,806 bbl
- WINDHAM "C"
40,614 bbl
- WTH 24-13 C
17,385 bbl
- RIO WICHITA 15-10 F
21,776 bbl
- RIO WICHITA 15-10 H
38,223 bbl
- FRANKLIN CRAWFORD 42-43 E
32,380 bbl
Spraberry (Trend Area) field
- SALE RANCH 20M
35,602 bbl
- JAVAID WEST A 40-45
35,720 bbl
- GUNNER C
36,304 bbl
- WINDHAM "C"
40,614 bbl
- SUPERFROG 12-24 B
21,078 bbl
- SCHARBAUER RANCH 10F
40,817 bbl
- UNIVERSITY 7-7C
39,901 bbl
- MABEE DDA H11
39,710 bbl
- CHARDONNAY 9 L
40,196 bbl
- MABEE DDA K10
37,903 bbl
Leases within 10 km
- WEATHERRED
0 bbl · 0.1 km
- NICHOLS
0 bbl · 0.5 km
- TANK FARM
0 bbl · 0.5 km
- CAZA ELKINS
3,349 bbl · 0.7 km
- HULK SMASH D
260,169 bbl · 0.8 km
- HULK SMASH E
220,858 bbl · 0.8 km
- HULK SMASH C
59,156 bbl · 0.8 km
- HULK SMASH B
240,786 bbl · 0.8 km
- NICHOLS
2,324 bbl · 0.8 km
- HULK SMASH A
234,337 bbl · 0.8 km
Drilling permits within 10 km
THREE PENNY F #13DN
new drill · horizontal · Oxyrock Operating, LLC · Martin County · 9.1 km
Permit 0918297 · Sep 2, 2026
THREE PENNY F #12LS
new drill · horizontal · Oxyrock Operating, LLC · Martin County · 9.1 km
Permit 0918296 · Sep 2, 2026
THREE PENNY #2DN
new drill · horizontal · Oxyrock Operating, LLC · Martin County · 9.1 km
Permit 0918282 · Sep 2, 2026
THREE PENNY G #14JM
new drill · horizontal · Oxyrock Operating, LLC · Martin County · 9.1 km
Permit 0918281 · Sep 2, 2026
THREE PENNY F #11MS
new drill · horizontal · Oxyrock Operating, LLC · Martin County · 9.1 km
Permit 0918294 · Sep 2, 2026