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Texas oil lease

Producing

BURNS

Burns is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Ackerly (Dean Sand) field.

2 wells

1,065bbl oil, last 12 months+225% vs prior year
RRC lease
8A-60111

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
277 mcf
Oil in Jul 2026
130 bbl

Production by month

Oil output rose 225% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 225% over the last 12 monthsMonthly oil production and gas for BURNS, Aug 2023 to Jul 2026. Oil output rose 225% over the last 12 months. 1,065 bbl in the 12 months through Jul 2026, against 328 bbl in the 12 months before.Last 12 months: 1,065 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 225% over the last 12 monthsMonthly oil production and gas for BURNS, Aug 2023 to Jul 2026. Oil output rose 225% over the last 12 months. 1,065 bbl in the 12 months through Jul 2026, against 328 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 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 4.0% of the gas in Aug 2023.

  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of BURNS 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 4.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of BURNS 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 4.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 4.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on BURNS
API numberWell no.Status
42-317-102111Active
42-317-32033130Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics 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 gasGathers100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Sep 1, 2023Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Jun 1, 2001Sep 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Jun 1, 2001Sep 1, 2023
Ace Gathering, Inc.OilGathers100Dec 1, 2021Sep 1, 2023

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

160 acres on the newest permit

Permits for Burns
API numberWell no.Acreson the permit
42-317-32033130160
42-317-102111–

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 BURNS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202613013541410$80.46$2.89
Jun 202612012871710$84.81$3.15
May 202617616348480$102.13$2.94
Apr 202622332716160$100.32$2.77
Mar 20261543946460$91.38$3.04
Feb 202629151510$64.51$3.62
Jan 2026635110$60.04$7.72
Dec 2025251330$57.97$4.26
Nov 2025937000$60.06$3.79
Oct 20253142000$60.89$3.19
Sep 20257540000$63.96$2.97
Aug 20258791000$64.86$2.91
Jul 2025230000$68.39$3.20
Jun 2025415000$68.17$3.02
May 20251342602600$62.17$3.12
Apr 202571379790$63.54$3.42
Mar 2025811341340$68.24$4.12
Feb 2025121398980$71.53$4.19
Jan 202519361501500$75.74$4.13
Dec 202431161301300$70.12$3.01
Nov 202434391571570$69.95$2.12
Oct 202429321791790$71.99$2.20
Sep 202482912052050$70.24$2.28
Aug 202466851811810$76.68$1.99
Jul 202411093930$81.80$2.07
Jun 202419291441440$79.77$2.54
May 20242541121120$80.02$2.12
Apr 202410261821820$85.35$1.60
Mar 2024401451450$81.28$1.49
Feb 202421241891890$77.25$1.72
Jan 202434223593590$74.15$3.18
Dec 202334312542540$71.90$2.52
Nov 202330403653650$77.69$2.71
Oct 2023291160600$85.64$2.98
Sep 20231015000$89.43$2.64
Aug 2023202330028812$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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Ackerly (Dean Sand) field

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