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Texas oil lease

Producing

GRAVES '27'

Graves '27' is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

6,875bbl oil, last 12 months−25% vs prior year
RRC lease
08-42948

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
7,039 mcf
Oil in Jul 2026
540 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 GRAVES '27', Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 6,875 bbl in the 12 months through Jul 2026, against 9,163 bbl in the 12 months before.Last 12 months: 6,875 bblbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for GRAVES '27', Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 6,875 bbl in the 12 months through Jul 2026, against 9,163 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502505005007507501,0001,0001,2501,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 52.2% of the gas in Jan 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
All of the gas went to a transmission line in the last 12 monthsShare of GRAVES '27' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 52.2% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 52.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of GRAVES '27' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Flaring peaked at 52.2% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Flared 52.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

2 wells on this lease

Wells on GRAVES '27'
API numberWell no.Status
42-317-376631Active
42-317-377002Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Oasis Transp & Marketing Corp.OilGathers100Aug 16, 2012Apr 1, 2025

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

120.40 acres on the newest permit

Permits for Graves '27'
API numberWell no.Acreson the permit
42-317-377002120.40
42-317-376631120.40

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 GRAVES '27'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P5405456056050$80.46$2.89
Jun 2026Diamondback E&P5275465815810$84.81$3.15
May 2026Diamondback E&P5395375985980$102.13$2.94
Apr 2026Diamondback E&P5535395815810$100.32$2.77
Mar 2026Diamondback E&P5635305915910$91.38$3.04
Feb 2026Diamondback E&P5287374824820$64.51$3.62
Jan 2026Diamondback E&P5573825275270$60.04$7.72
Dec 2025Diamondback E&P5985685565560$57.97$4.26
Nov 2025Diamondback E&P6067645855850$60.06$3.79
Oct 2025Diamondback E&P6277336656650$60.89$3.19
Sep 2025Diamondback E&P6083746116110$63.96$2.97
Aug 2025Diamondback E&P6297356576570$64.86$2.91
Jul 2025Diamondback E&P6235456586580$68.39$3.20
Jun 2025Diamondback E&P6127486786780$68.17$3.02
May 2025Diamondback E&P6875327357350$62.17$3.12
Apr 2025Diamondback E&P6607126726720$63.54$3.42
Mar 2025Diamondback E&P774893953740213$68.24$4.12
Feb 2025Diamondback E&P626739886514372$71.53$4.19
Jan 2025Diamondback E&P7337411,119535584$75.74$4.13
Dec 2024Endeavor Energy77374673766770$70.12$3.01
Nov 2024Endeavor Energy7755421,086671415$69.95$2.12
Oct 2024Endeavor Energy8661,0937217210$71.99$2.20
Sep 2024Endeavor Energy8838867207200$70.24$2.28
Aug 2024Endeavor Energy1,1511,10690786047$76.68$1.99
Jul 2024Endeavor Energy4675502982980$81.80$2.07
Jun 2024Endeavor Energy402036134912$79.77$2.54
May 2024Endeavor Energy6747217547540$80.02$2.12
Apr 2024Endeavor Energy7539048098090$85.35$1.60
Mar 2024Endeavor Energy8839047827820$81.28$1.49
Feb 2024Endeavor Energy7519107357350$77.25$1.72
Jan 2024Endeavor Energy9957308458450$74.15$3.18
Dec 2023Endeavor Energy1,0751,1078718710$71.90$2.52
Nov 2023Endeavor Energy7487349329320$77.69$2.71
Oct 2023Endeavor Energy1,1661,0928108100$85.64$2.98
Sep 2023Endeavor Energy9881,0897957950$89.43$2.64
Aug 2023Endeavor Energy2011851751750$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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