Texas oil lease
ProducingJO GREGORY 250 K
Jo Gregory 250 K is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
2 wells
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-59996
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 152,846 mcf
- Oil in Jul 2026
- 4,128 bbl
Production by month
Oil output fell 18% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
99% · 151,414 mcf
Lease fuel (1)
0.9% · 1,355 mcf
Flared (4)
0.1% · 77 mcf
0.1% of the gas flared in the last 12 months. No month above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-44374 | 3MS | Active |
| 42-317-44375 | 5LS | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Dk Trading & Supply, LLC | Oil | Gathers | 100 | Mar 28, 2023 |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Mar 28, 2023 |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Mar 28, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,379.82 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-44374 | 3MS | Jul 6, 2022 | Mar 28, 2023 | 1,379.82 |
| 42-317-44375 | 5LS | Jul 6, 2022 | Apr 1, 2023 | 1,379.82 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 4,128 | 4,133 | 10,256 | 10,147 | 0 | $80.46 | $2.89 |
| Jun 2026 | 4,591 | 4,579 | 10,784 | 10,682 | 0 | $84.81 | $3.15 |
| May 2026 | 4,873 | 4,886 | 11,544 | 11,434 | 0 | $102.13 | $2.94 |
| Apr 2026 | 5,426 | 5,403 | 13,470 | 13,348 | 0 | $100.32 | $2.77 |
| Mar 2026 | 2,648 | 2,670 | 5,643 | 5,591 | 0 | $91.38 | $3.04 |
| Feb 2026 | 5,409 | 5,415 | 12,861 | 12,742 | 0 | $64.51 | $3.62 |
| Jan 2026 | 6,806 | 6,798 | 13,668 | 13,525 | 0 | $60.04 | $7.72 |
| Dec 2025 | 5,054 | 5,065 | 11,922 | 11,793 | 0 | $57.97 | $4.26 |
| Nov 2025 | 6,427 | 6,446 | 15,159 | 15,097 | 0 | $60.06 | $3.79 |
| Oct 2025 | 6,641 | 6,611 | 15,057 | 14,976 | 0 | $60.89 | $3.19 |
| Sep 2025 | 6,309 | 6,310 | 15,309 | 15,100 | 48 | $63.96 | $2.97 |
| Aug 2025 | 6,577 | 6,589 | 17,173 | 16,979 | 29 | $64.86 | $2.91 |
| Jul 2025 | 7,025 | 7,059 | 18,186 | 18,004 | 0 | $68.39 | $3.20 |
| Jun 2025 | 7,615 | 7,574 | 15,563 | 15,280 | 133 | $68.17 | $3.02 |
| May 2025 | 3,558 | 3,540 | 3,537 | 3,498 | 0 | $62.17 | $3.12 |
| Apr 2025 | 3,160 | 3,179 | 6,070 | 6,009 | 0 | $63.54 | $3.42 |
| Mar 2025 | 6,999 | 7,014 | 26,249 | 26,054 | 0 | $68.24 | $4.12 |
| Feb 2025 | 6,688 | 6,682 | 22,391 | 22,229 | 0 | $71.53 | $4.19 |
| Jan 2025 | 7,011 | 7,011 | 23,183 | 23,020 | 0 | $75.74 | $4.13 |
| Dec 2024 | 7,971 | 7,990 | 21,783 | 21,629 | 0 | $70.12 | $3.01 |
| Nov 2024 | 9,003 | 8,974 | 23,939 | 23,778 | 0 | $69.95 | $2.12 |
| Oct 2024 | 6,284 | 6,264 | 17,956 | 17,829 | 0 | $71.99 | $2.20 |
| Sep 2024 | 6,320 | 6,327 | 20,979 | 20,769 | 49 | $70.24 | $2.28 |
| Aug 2024 | 7,676 | 7,722 | 27,740 | 27,472 | 77 | $76.68 | $1.99 |
| Jul 2024 | 9,786 | 9,766 | 27,897 | 27,700 | 0 | $81.80 | $2.07 |
| Jun 2024 | 8,108 | 8,097 | 24,528 | 24,351 | 0 | $79.77 | $2.54 |
| May 2024 | 9,048 | 9,075 | 25,828 | 25,070 | 558 | $80.02 | $2.12 |
| Apr 2024 | 10,570 | 10,587 | 24,226 | 24,049 | 0 | $85.35 | $1.60 |
| Mar 2024 | 12,852 | 12,818 | 34,012 | 33,697 | 91 | $81.28 | $1.49 |
| Feb 2024 | 12,021 | 12,059 | 28,166 | 27,974 | 0 | $77.25 | $1.72 |
| Jan 2024 | 15,742 | 15,769 | 30,417 | 30,180 | 26 | $74.15 | $3.18 |
| Dec 2023 | 16,898 | 16,942 | 35,116 | 34,837 | 0 | $71.90 | $2.52 |
| Nov 2023 | 20,937 | 20,924 | 40,810 | 40,508 | 18 | $77.69 | $2.71 |
| Oct 2023 | 25,252 | 25,254 | 43,754 | 43,455 | 15 | $85.64 | $2.98 |
| Sep 2023 | 34,484 | 34,597 | 60,577 | 60,249 | 0 | $89.43 | $2.64 |
| Aug 2023 | 46,500 | 46,496 | 62,146 | 61,773 | 30 | $81.39 | $2.58 |
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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- MABEE C SOUTH
53,994 bbl
- BESSIE 44-41 (ALLOC-2NH)
54,316 bbl
- RIO 27-15 D
60,517 bbl
- JAGUAR WEST 61-101 E
63,839 bbl
- TEMPLE FORK 32-20 V
57,481 bbl
- TEMPLE FORK 32-20 D
57,191 bbl
- WINSTON 31-43 A
60,900 bbl
- SHIMANO 28-40 X
53,025 bbl
- GUARDIAN 250 Q
63,833 bbl
- DESPERADO 8-25 J
62,665 bbl
Spraberry (Trend Area) field
- EAGLES NEST 01-30 F
63,981 bbl
- SAM BASS UNIT 36-37
68,267 bbl
- MAGNOLIA E
39,987 bbl
- ROBERT AND THE CRUSADERS 23-24 D
26,882 bbl
- GARY THE MOUNTAINEER 23-24 B
37,908 bbl
- MCALISTER 33K
62,182 bbl
- UNIVERSITY 7-14LL
63,377 bbl
- JAGUAR WEST 61-101 E
63,839 bbl
- KELLEN 36-25-H
67,611 bbl
- DWIGHT-MIDKIFF 25B
63,330 bbl
Leases within 10 km
- JO GREGORY 250 R
25,023 bbl · 0 km
- JO GREGORY 250 I
78,548 bbl · 0 km
- JO GREGORY 250 T
16,968 bbl · 0 km
- JO GREGORY 250 O
80,869 bbl · 0.5 km
- JO GREGORY 250 M
91,656 bbl · 0.5 km
- JO GREGORY 250 V
32,869 bbl · 0.5 km
- WOLCOTT -C-
0 bbl · 0.6 km
- JO GREGORY 250 P
34,341 bbl · 0.6 km
- JO GREGORY 250 E
89,099 bbl · 0.6 km
- JO GREGORY 250 L
42,011 bbl · 0.6 km
Drilling permits within 10 km
BULLDAWG SWD #1
new drill · Backyard Environ State Line LLC · Martin County · 9.6 km
Permit 0919052 · Sep 30, 2026
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.4 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.4 km
Permit 0918729 · Sep 21, 2026
UNIVERSITY 7-28 PU #221H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Martin County · 7.6 km
Permit 0917861 · Aug 18, 2026
GW WOLCOTT #R 1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.5 km
Permit 0917824 · Aug 17, 2026