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Texas oil lease

Producing

SOTO 43-7 (ALLOC-1SH)

Soto 43-7 (Alloc-1SH) is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) R 40 Exc field.

3 wells

101,989bbl oil, last 12 months−25% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-55109

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
231,041 mcf
Oil in Jul 2026
10,786 bbl

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for SOTO 43-7 (ALLOC-1SH), Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 101,989 bbl in the 12 months through Jul 2026, against 136,837 bbl in the 12 months before.Last 12 months: 101,989 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for SOTO 43-7 (ALLOC-1SH), Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 101,989 bbl in the 12 months through Jul 2026, against 136,837 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 38.8% of the gas in Aug 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of SOTO 43-7 (ALLOC-1SH) gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 38.8% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 38.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a transmission line in the last 12 monthsShare of SOTO 43-7 (ALLOC-1SH) gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 38.8% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Flared 38.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 229,917 mcf

  • Flared (4)

    0.4% · 1,012 mcf

  • Lease fuel (1)

    0.0% · 112 mcf

0.4% of the gas flared in the last 12 months. 7 months above 3%.

3 wells on this lease

Wells on SOTO 43-7 (ALLOC-1SH)
API numberWell no.Status
42-317-428321LBActive
42-317-428332LAActive
42-317-428364JMActive

SourceTexas Railroad Commission Wellbore Query.

882.24 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.

Check your decimal on this lease
Permits for Soto 43-7 (Alloc-1SH)
API numberWell no.Acreson the permit
42-317-428364JM882.24
42-317-428321LB882.24
42-317-428332LA882.24

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 SOTO 43-7 (ALLOC-1SH)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,78610,80519,73619,67752$80.46$2.89
Jun 202610,29610,28316,29916,26724$84.81$3.15
May 20269,6129,63215,38415,32645$102.13$2.94
Apr 202610,76610,73315,07815,05322$100.32$2.77
Mar 20269,9539,87414,09814,07419$91.38$3.04
Feb 20266,0276,49112,59512,320271$64.51$3.62
Jan 20264,8444,73411,62511,430195$60.04$7.72
Dec 20255,3585,0767,1917,17219$57.97$4.26
Nov 20255,0734,91911,36611,33233$60.06$3.79
Oct 20255,7546,26225,16625,052108$60.89$3.19
Sep 202510,58210,30732,80232,75238$63.96$2.97
Aug 202512,93812,89449,70149,462186$64.86$2.91
Jul 202511,39511,53438,58938,062476$68.39$3.20
Jun 20258,8448,76033,06232,580337$68.17$3.02
May 202510,93210,84235,17934,90913$62.17$3.12
Apr 20259,7999,80235,20933,9011,180$63.54$3.42
Mar 202510,50610,35131,78831,6673$68.24$4.12
Feb 20256,9137,07027,16127,0711$71.53$4.19
Jan 202511,05010,93530,41130,2960$75.74$4.13
Dec 202412,12912,18929,90929,8060$70.12$3.01
Nov 202411,33211,32228,84228,6720$69.95$2.12
Oct 202413,58013,65232,95532,8650$71.99$2.20
Sep 202415,44215,43135,67333,7901,773$70.24$2.28
Aug 202414,91514,89130,82818,74711,969$76.68$1.99
Jul 202416,07516,40135,21435,0740$81.80$2.07
Jun 202417,15516,81334,95934,540341$79.77$2.54
May 202417,33017,44434,67734,502107$80.02$2.12
Apr 202418,41718,30137,27537,15939$85.35$1.60
Mar 202416,53216,44839,41639,3400$81.28$1.49
Feb 202412,75712,78030,13229,443632$77.25$1.72
Jan 202416,39816,44038,27735,6922,515$74.15$3.18
Dec 202315,41215,63439,36136,6182,708$71.90$2.52
Nov 202316,32216,13541,84041,326458$77.69$2.71
Oct 202315,51015,48741,56739,6981,831$85.64$2.98
Sep 202318,23918,32644,97144,207761$89.43$2.64
Aug 202320,46020,46946,34842,7313,608$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 ExcCountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) R 40 Exc field

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