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Texas oil lease

Producing

GRANTHAM WEST 50-48 UNIT

Grantham West 50-48 Unit is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

12 wells

264,329bbl oil, last 12 months−69% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61041

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
2,147,969 mcf
Oil in Jul 2026
17,555 bbl

Production by month

Oil output fell 69% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for GRANTHAM WEST 50-48 UNIT, Dec 2023 to Jul 2026. Oil output fell 69% over the last 12 months. 264,329 bbl in the 12 months through Jul 2026, against 860,280 bbl in the 12 months before.Last 12 months: 264,329 bblbbl per monthmcf per month00100k100k200k200k300k300k400k400k500k500kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 69% over the last 12 monthsMonthly oil production and gas for GRANTHAM WEST 50-48 UNIT, Dec 2023 to Jul 2026. Oil output fell 69% over the last 12 months. 264,329 bbl in the 12 months through Jul 2026, against 860,280 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100k100k200k200k300k300k400k400k500k500kJan 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 20.7% of the gas in Nov 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of GRANTHAM WEST 50-48 UNIT gas by disposition code each month, Dec 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.7% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.7%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of GRANTHAM WEST 50-48 UNIT gas by disposition code each month, Dec 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 20.7% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 20.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 2,130,192 mcf

  • Flared (4)

    0.8% · 16,181 mcf

  • Lease fuel (1)

    0.1% · 1,596 mcf

0.8% of the gas flared in the last 12 months. 7 months above 3%.

12 wells on this lease

Wells on GRANTHAM WEST 50-48 UNIT
API numberWell no.Status
42-317-448681MSActive
42-317-448691LSActive
42-317-448702JMActive
42-317-448712DNActive
42-317-448721DNActive
42-317-448733WAActive
42-317-448751WBActive
42-317-448763WBActive
42-317-448773LSActive
42-317-448893MSActive
42-317-448903DNActive
42-317-448911WAActive

SourceTexas Railroad Commission Wellbore Query.

638.93 acres on the newest permit

  • Good to know

    12 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.

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Permits for Grantham West 50-48 Unit
API numberWell no.Acreson the permit
42-317-448763WB638.93
42-317-448773LS638.93
42-317-448893MS638.93
42-317-448903DN638.93
42-317-448733WA638.93
42-317-448721DN638.93
42-317-448751WB638.93
42-317-448911WA638.93
42-317-448681MS638.93
42-317-448691LS638.93
42-317-448702JM638.93
42-317-448712DN638.93

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

32 months, newest first

Ledger for GRANTHAM WEST 50-48 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,55517,358164,253164,1210$80.46$2.89
Jun 202614,04114,280161,396161,2690$84.81$3.15
May 202619,98519,859184,487184,3510$102.13$2.94
Apr 202618,36918,676154,907154,7700$100.32$2.77
Mar 202616,72216,415178,327178,1760$91.38$3.04
Feb 202618,01418,042167,021166,8940$64.51$3.62
Jan 202621,32620,914185,820169,50116,181$60.04$7.72
Dec 202526,83226,939202,145202,0170$57.97$4.26
Nov 202526,85027,006201,330201,1950$60.06$3.79
Oct 202527,14527,601192,079191,9420$60.89$3.19
Sep 202529,86729,126189,026188,8960$63.96$2.97
Aug 202527,62327,526167,178167,0600$64.86$2.91
Jul 202534,60734,736195,224195,1040$68.39$3.20
Jun 202538,59738,655189,512189,3940$68.17$3.02
May 202537,30037,372200,139199,114899$62.17$3.12
Apr 202544,68844,660228,857228,65266$63.54$3.42
Mar 202549,84449,882237,123235,5031,466$68.24$4.12
Feb 202553,60353,563247,529246,0421,343$71.53$4.19
Jan 202568,40168,434287,401285,1292,109$75.74$4.13
Dec 202478,54778,575314,693283,15731,368$70.12$3.01
Nov 202487,01687,259323,637256,51766,952$69.95$2.12
Oct 2024109,894109,609351,235327,44423,610$71.99$2.20
Sep 2024115,504116,427336,529335,915438$70.24$2.28
Aug 2024142,279141,834371,915365,6732,780$76.68$1.99
Jul 2024174,955174,619392,824381,4532,131$81.80$2.07
Jun 2024227,060227,601412,116344,35758,805$79.77$2.54
May 2024329,328329,166381,322313,35161,881$80.02$2.12
Apr 2024230,016229,140183,604160,25618,790$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52

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)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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