Skip to content
Royalty Clerk

Texas oil lease

Producing

SHARKTOOTH 3-4

Sharktooth 3-4 is an oil lease in Reeves County, Texas, operated by Diamondback E&P LLC in the Hoefs T-K (Wolfcamp) field.

9 wells

357,335bbl oil, last 12 months−54% vs prior year
Operator
Diamondback E&P LLC
County
Reeves County
Field
Hoefs T-K (Wolfcamp)
RRC lease
08-51998

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,848,894 mcf
Oil in Jul 2026
25,672 bbl

Production by month

Oil output fell 54% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for SHARKTOOTH 3-4, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 357,335 bbl in the 12 months through Jul 2026, against 777,705 bbl in the 12 months before.Last 12 months: 357,335 bblbbl per monthmcf per month0050k100k100k200k150k300k200k400kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for SHARKTOOTH 3-4, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 357,335 bbl in the 12 months through Jul 2026, against 777,705 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k100k100k200k150k300k200k400kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 9.6% of the gas in Apr 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of SHARKTOOTH 3-4 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 9.6% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of SHARKTOOTH 3-4 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 9.6% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 9.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 1,839,140 mcf

  • Lease fuel (1)

    0.3% · 5,170 mcf

  • Flared (4)

    0.2% · 4,584 mcf

0.2% of the gas flared in the last 12 months. 2 months above 3%.

9 wells on this lease

Wells on SHARKTOOTH 3-4
API numberWell no.Status
42-389-373371WAActive
42-389-373392WAActive
42-389-401313TBActive
42-389-401325WAActive
42-389-401334SBActive
42-389-401346SBActive
42-389-401357SBActive
42-389-409598TBActive
42-389-409609TBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Diamondback E&P LLCOilGathers50Jan 8, 2019–
Eastex Crude CompanyOilGathers50Feb 1, 2023–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jan 8, 2019–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jan 8, 2019–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Feb 1, 2023
Eastex Crude CompanyOilGathers50Nov 23, 2020Jan 1, 2023
Shell Trading (Us) CompanyOilGathers50Jan 8, 2019Nov 23, 2020

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

Who buys my oilOil price check

1,280.46 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,280.46 and 1,922.74 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    9 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Sharktooth 3-4
API numberWell no.Acreson the permit
42-389-409609TB1,280.46
42-389-409598TB1,280.46
42-389-401313TB1,280.46
42-389-401325WA1,280.46
42-389-401334SB1,280.46
42-389-401346SB1,280.46
42-389-401357SB1,280.46
42-389-373371WA1,922.74
42-389-373392WA1,922.74

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

Unit decimal checker

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 SHARKTOOTH 3-4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202625,67225,657131,190129,7051,094$80.46$2.89
Jun 202623,59123,532118,419116,6901,389$84.81$3.15
May 202626,44826,484110,845110,199284$102.13$2.94
Apr 202628,74728,622140,117139,445243$100.32$2.77
Mar 202625,24125,542133,999133,236319$91.38$3.04
Feb 202627,21027,048139,727139,088223$64.51$3.62
Jan 202630,73630,934160,700159,853375$60.04$7.72
Dec 202530,97530,931170,123169,56991$57.97$4.26
Nov 202533,09433,074182,579182,1230$60.06$3.79
Oct 202533,46533,518175,382174,9190$60.89$3.19
Sep 202534,24434,302182,758181,737566$63.96$2.97
Aug 202537,91237,643203,055202,5760$64.86$2.91
Jul 202541,66141,682222,117219,6461,979$68.39$3.20
Jun 202542,83943,068216,831216,203147$68.17$3.02
May 202547,32247,506232,140230,707933$62.17$3.12
Apr 202549,63249,546245,563245,0690$63.54$3.42
Mar 202561,10161,097294,581293,0011,059$68.24$4.12
Feb 202565,99766,189290,713285,5974,644$71.53$4.19
Jan 202588,09387,998338,817330,6127,676$75.74$4.13
Dec 2024113,923114,512344,650332,79711,322$70.12$3.01
Nov 2024140,386139,797324,705314,7799,416$69.95$2.12
Oct 202462,20961,977164,855163,2041,197$71.99$2.20
Sep 202433,16333,23987,91586,585983$70.24$2.28
Aug 202431,37931,549108,701107,1151,236$76.68$1.99
Jul 202439,30439,195136,166135,72746$81.80$2.07
Jun 202428,27928,12094,63493,1741,157$79.77$2.54
May 202439,08239,395126,975126,487153$80.02$2.12
Apr 202444,12444,056136,608123,21913,051$85.35$1.60
Mar 202439,81239,549144,234143,8910$81.28$1.49
Feb 202440,14640,241128,862128,183358$77.25$1.72
Jan 202452,17252,029130,797130,4470$74.15$3.18
Dec 202324,99924,62373,42773,1560$71.90$2.52
Nov 20231,9501,97929,54929,4200$77.69$2.71
Oct 20232,9542,97848,74548,373235$85.64$2.98
Sep 20232,8802,85441,58841,4620$89.43$2.64
Aug 20232,8412,82350,88450,7400$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 reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldHoefs T-K (Wolfcamp)CountyReeves County

Diamondback E&P LLC in Reeves County

All Diamondback E&P LLC leases →

Hoefs T-K (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km