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Texas oil lease

Producing

EL DIABLO 79-78

El Diablo 79-78 is an oil lease in Martin County, Texas, operated by High Noon Resources, LLC in the Spraberry (Trend Area) field.

4 wells

115,175bbl oil, last 12 months−22% vs prior year
RRC lease
08-57792

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
312,122 mcf
Oil in Jul 2026
8,586 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for EL DIABLO 79-78, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 115,175 bbl in the 12 months through Jul 2026, against 148,027 bbl in the 12 months before.Last 12 months: 115,175 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for EL DIABLO 79-78, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 115,175 bbl in the 12 months through Jul 2026, against 148,027 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 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 processing plant instead of a transmission line

Flaring peaked at 32.4% of the gas in Jan 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of EL DIABLO 79-78 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 32.4% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: line to plantFlared 32.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of EL DIABLO 79-78 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 32.4% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Nov 24: line to plantFlared 32.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    71% · 223,075 mcf

  • Lease fuel (1)

    16% · 50,870 mcf

  • Flared (4)

    12% · 38,177 mcf

12.2% of the gas flared in the last 12 months. 16 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2024

Operators of this lease over timeElement Petroleum Op III, LLC, Jun 2022 to Feb 2024; High Noon Resources, LLC, Mar 2024 to Jul 20262023202420252026Changed Mar 2024Element Petroleum Op III, LLCJun 2022 to Feb 2024High Noon Resources, LLCMar 2024 to now
Operators of this lease over timeElement Petroleum Op III, LLC, Jun 2022 to Feb 2024; High Noon Resources, LLC, Mar 2024 to Jul 20262023202420252026Changed Mar 2024Element Petroleum Op III, LLCJun 2022 to Feb 2024High Noon Resources, LLCMar 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on EL DIABLO 79-78
API numberWell no.Status
42-317-438775WAActive
42-317-438785LSActive
42-317-438796WAActive
42-317-438806LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers50Oct 1, 2022–
Plains Marketing, L.p.OilGathers50Oct 1, 2022–
Plains Marketing, L.p.OilGathers100Jun 16, 2022Oct 1, 2022

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

640 acres on the newest permit

Permits for El Diablo 79-78
API numberWell no.Acreson the permit
42-317-438775WA640
42-317-438785LS640
42-317-438796WA640
42-317-438806LS640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for EL DIABLO 79-78
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026High Noon8,5868,30231,09518,8277,804$80.46$2.89
Jun 2026High Noon8,8488,65029,06016,5068,234$84.81$3.15
May 2026High Noon9,7669,71229,14721,8022,881$102.13$2.94
Apr 2026High Noon7,7117,67827,18821,6271,269$100.32$2.77
Mar 2026High Noon10,78310,98430,77026,111195$91.38$3.04
Feb 2026High Noon10,12210,23026,76822,209527$64.51$3.62
Jan 2026High Noon10,63810,17724,22515,6684,102$60.04$7.72
Dec 2025High Noon9,5909,66224,72419,574686$57.97$4.26
Nov 2025High Noon9,3709,33821,92113,5124,095$60.06$3.79
Oct 2025High Noon10,47810,52923,45017,4891,596$60.89$3.19
Sep 2025High Noon10,86910,91621,56113,4723,769$63.96$2.97
Aug 2025High Noon8,4148,21622,21316,2783,019$64.86$2.91
Jul 2025High Noon7,3957,20530,78130,099682$68.39$3.20
Jun 2025High Noon6,8397,27920,53118,7301,801$68.17$3.02
May 2025High Noon7,9727,91326,87924,9091,970$62.17$3.12
Apr 2025High Noon15,50516,24338,24635,1893,057$63.54$3.42
Mar 2025High Noon14,17415,18431,69329,9211,772$68.24$4.12
Feb 2025High Noon11,89111,02725,22224,475747$71.53$4.19
Jan 2025High Noon7,8948,41923,52115,8937,628$75.74$4.13
Dec 2024High Noon13,70415,54235,13534,566569$70.12$3.01
Nov 2024High Noon15,73413,19738,06434,9113,153$69.95$2.12
Oct 2024High Noon12,55513,83934,60327,8446,759$71.99$2.20
Sep 2024High Noon19,29820,08639,62539,6250$70.24$2.28
Aug 2024High Noon15,06614,70822,42422,4240$76.68$1.99
Jul 2024High Noon15,34515,41322,56322,5630$81.80$2.07
Jun 2024High Noon15,79815,93214,60914,6090$79.77$2.54
May 2024High Noon15,90816,56513,06313,0630$80.02$2.12
Apr 2024High Noon15,09614,2818,4168,4160$85.35$1.60
Mar 2024High Noon16,28818,8719,7809,7800$81.28$1.49
Feb 2024Element Petroleum21,40819,98311,85511,8550$77.25$1.72
Jan 2024Element Petroleum23,10721,6463,9203,9200$74.15$3.18
Dec 2023Element Petroleum23,02722,0704,5864,4870$71.90$2.52
Nov 2023Element Petroleum19,31719,9402,9092,9090$77.69$2.71
Oct 2023Element Petroleum18,65120,9895,4325,2730$85.64$2.98
Sep 2023Element Petroleum30,32628,19810,39710,2210$89.43$2.64
Aug 2023Element Petroleum22,56626,1396,8286,8280$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

Spraberry (Trend Area) field

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