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Texas oil lease

Producing

KENNETT SHERROD 42-43 UNIT 2

Kennett Sherrod 42-43 Unit 2 is an oil lease in Upton County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) R 40 Exc field.

Oil lease dossier

74,880bbl oil, last 12 months−6% vs prior year
Operator
Diamondback E&P LLC
County
Upton County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-20451

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
478,956 mcf
Oil in Jul 2026
6,189 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC SOUTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Jan 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for KENNETT SHERROD 42-43 UNIT 2, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 74,880 bbl in the 12 months through Jul 2026, against 79,627 bbl in the 12 months before.Last 12 months: 74,880 bblbbl per monthmcf per month002,50025k5,00050k7,50075k10k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 6% over the last 12 monthsMonthly oil production and gas for KENNETT SHERROD 42-43 UNIT 2, Aug 2023 to Jul 2026. Oil output fell 6% over the last 12 months. 74,880 bbl in the 12 months through Jul 2026, against 79,627 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50025k5,00050k7,50075k10k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 27.4% of the gas in Jan 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuelShare of KENNETT SHERROD 42-43 UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 27.4% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2024: fuel to lineFlared 27.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuelShare of KENNETT SHERROD 42-43 UNIT 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 27.4% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Dec 24: fuel to lineFlared 27.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    79% · 376,903 mcf

  • Lease fuel (1)

    16% · 77,379 mcf

  • Flared (4)

    5.2% · 24,674 mcf

5.2% of the gas flared in the last 12 months. 15 months above 3%.

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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Dec 25, 2018–
Et Gathering & Processing LLCCasinghead gasBuys100Jan 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Jan 1, 2026
Wtg South Permian Midstream LLCCasinghead gasGathers100May 1, 2021Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100May 1, 2021Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 25, 2018May 1, 2021
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 25, 2018May 1, 2021

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

Who buys my oilOil price check

486.30 acres on the newest permit

Check your decimal on this lease
Permits for Kennett Sherrod 42-43 Unit 2
API numberWell no.Acreson the permit
42-461-40925251486.30
42-461-40926252486.30
42-461-40938271486.30
42-461-40939281486.30
42-461-40927261486.30

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

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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 KENNETT SHERROD 42-43 UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P6,1896,14861,72554,19944$80.46$2.89
Jun 2026Diamondback E&P5,2815,33453,32640,1365,879$84.81$3.15
May 2026Diamondback E&P5,6125,64250,79040,5472,838$102.13$2.94
Apr 2026Diamondback E&P6,1526,07346,56137,6112,020$100.32$2.77
Mar 2026Diamondback E&P6,1326,17641,93932,2703,915$91.38$3.04
Feb 2026Diamondback E&P6,1236,05838,00130,6331,202$64.51$3.62
Jan 2026Diamondback E&P6,1066,14634,10423,4054,741$60.04$7.72
Dec 2025Diamondback E&P6,7676,73135,36828,271537$57.97$4.26
Nov 2025Diamondback E&P6,5836,59033,94427,160350$60.06$3.79
Oct 2025Diamondback E&P7,8077,77132,73125,686533$60.89$3.19
Sep 2025Diamondback E&P5,2345,24017,48211,3781,169$63.96$2.97
Aug 2025Diamondback E&P6,8946,90832,98525,6071,446$64.86$2.91
Jul 2025Diamondback E&P7,6487,64831,45825,29362$68.39$3.20
Jun 2025Diamondback E&P5,9245,89821,46314,6171,062$68.17$3.02
May 2025Diamondback E&P6,6936,69025,96819,130685$62.17$3.12
Apr 2025Diamondback E&P7,1777,19923,58815,4602,135$63.54$3.42
Mar 2025Diamondback E&P7,2997,26319,81712,994804$68.24$4.12
Feb 2025Diamondback E&P6,2536,26517,34210,2371,916$71.53$4.19
Jan 2025Diamondback E&P7,8377,82420,5258,8325,617$75.74$4.13
Dec 2024Endeavor Energy8,2328,22119,56910,3453,153$70.12$3.01
Nov 2024Endeavor Energy6,6736,68811,3645,025617$69.95$2.12
Oct 2024Endeavor Energy5,7525,8415,87100$71.99$2.20
Sep 2024Endeavor Energy8269301,99400$70.24$2.28
Aug 2024Endeavor Energy9,3139,36480,84373,1251,675$76.68$1.99
Jul 2024Endeavor Energy3,5933,53537,40034,391124$81.80$2.07
Jun 2024Endeavor Energy7,3687,49274,09168,0450$79.77$2.54
May 2024Endeavor Energy8,0277,95175,49369,6620$80.02$2.12
Apr 2024Endeavor Energy8,1378,12267,24861,2615$85.35$1.60
Mar 2024Endeavor Energy8,2068,24562,08456,343258$81.28$1.49
Feb 2024Endeavor Energy7,7467,71258,67052,6341$77.25$1.72
Jan 2024Endeavor Energy8,8198,87263,60857,396984$74.15$3.18
Dec 2023Endeavor Energy9,1219,14067,85661,9340$71.90$2.52
Nov 2023Endeavor Energy8,9758,99958,54152,5375$77.69$2.71
Oct 2023Endeavor Energy9,3749,28354,24148,6060$85.64$2.98
Sep 2023Endeavor Energy5,9475,97437,12633,3070$89.43$2.64
Aug 2023Endeavor Energy7,8787,87172,34866,950268$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) R 40 ExcCountyUpton County

Diamondback E&P LLC in Upton County

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Spraberry (Trend Area) R 40 Exc field

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