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Texas oil lease

Producing

JO GREGORY 250 B

Jo Gregory 250 B is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

76,357bbl oil, last 12 months−37% vs prior year
RRC lease
08-58629

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
282,314 mcf
Oil in Jul 2026
5,275 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for JO GREGORY 250 B, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 76,357 bbl in the 12 months through Jul 2026, against 121,801 bbl in the 12 months before.Last 12 months: 76,357 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for JO GREGORY 250 B, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 76,357 bbl in the 12 months through Jul 2026, against 121,801 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 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

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of JO GREGORY 250 B 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of JO GREGORY 250 B 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 279,613 mcf

  • Lease fuel (1)

    0.9% · 2,545 mcf

  • Flared (4)

    0.1% · 156 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on JO GREGORY 250 B
API numberWell no.Status
42-317-443861LSActive
42-317-443871MSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Apr 10, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Apr 10, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Apr 10, 2023

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

1,219.82 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 Jo Gregory 250 B
API numberWell no.Acreson the permit
42-317-443861LS1,219.82
42-317-443871MS1,219.82

SourceRailroad Commission drilling permits, Oct 3, 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 JO GREGORY 250 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,2755,28018,76518,5660$80.46$2.89
Jun 20265,7835,76319,75919,5730$84.81$3.15
May 20265,2935,31017,59317,4250$102.13$2.94
Apr 20266,2666,25821,47121,2770$100.32$2.77
Mar 20266,0656,07422,14321,9410$91.38$3.04
Feb 20266,5186,52020,55720,3660$64.51$3.62
Jan 20267,3907,39223,58123,3350$60.04$7.72
Dec 20257,0277,01924,28224,0190$57.97$4.26
Nov 20255,7225,75019,65419,5730$60.06$3.79
Oct 20257,0286,99628,27928,1280$60.89$3.19
Sep 20256,6096,61230,08029,66995$63.96$2.97
Aug 20257,3817,40036,15035,74161$64.86$2.91
Jul 20258,4298,47137,32336,9490$68.39$3.20
Jun 20259,2709,26338,06237,370325$68.17$3.02
May 20258,1048,06936,73836,3320$62.17$3.12
Apr 20258,0078,00341,32440,9070$63.54$3.42
Mar 20259,1549,17445,84745,5070$68.24$4.12
Feb 20258,7998,80041,21140,9130$71.53$4.19
Jan 202510,28810,28146,02445,7000$75.74$4.13
Dec 202410,76910,78444,45944,1450$70.12$3.01
Nov 202410,86410,86040,33840,0610$69.95$2.12
Oct 202411,94911,91341,15840,8640$71.99$2.20
Sep 202412,81912,82432,53632,21575$70.24$2.28
Aug 202413,34913,37936,21835,87698$76.68$1.99
Jul 202410,45710,45631,91931,6920$81.80$2.07
Jun 202411,79611,79128,62828,4250$79.77$2.54
May 202415,16515,18833,19932,247701$80.02$2.12
Apr 202414,49714,51031,40631,1770$85.35$1.60
Mar 202416,06316,01533,77733,47089$81.28$1.49
Feb 202413,65313,68527,61127,4250$77.25$1.72
Jan 202416,08116,10933,51833,25529$74.15$3.18
Dec 202317,25917,28138,21937,9140$71.90$2.52
Nov 202318,54818,53941,06340,75618$77.69$2.71
Oct 202322,65222,64343,06342,76715$85.64$2.98
Sep 202328,73728,79756,68956,3800$89.43$2.64
Aug 202332,57332,56254,37154,03927$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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