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Texas oil lease

Producing

JO GREGORY 250 V

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

1 well

32,869bbl oil, last 12 months−8% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-60072

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
52,178 mcf
Oil in Jul 2026
3,161 bbl

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for JO GREGORY 250 V, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 32,869 bbl in the 12 months through Jul 2026, against 35,688 bbl in the 12 months before.Last 12 months: 32,869 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for JO GREGORY 250 V, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 32,869 bbl in the 12 months through Jul 2026, against 35,688 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kJan 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 V 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 V 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% · 51,673 mcf

  • Lease fuel (1)

    1.0% · 499 mcf

  • Flared (4)

    0.0% · 6 mcf

1 well on this lease

Wells on JO GREGORY 250 V
API numberWell no.Status
42-317-443657WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Mar 22, 2023
Energy Transfer CompanyCasinghead gasBuys100Mar 22, 2023
Energy Transfer CompanyCasinghead gasGathers100Mar 22, 2023

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

Who buys my oilOil price check

905.29 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 V
API numberWell no.Acreson the permit
42-317-443657WB905.29

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 JO GREGORY 250 V
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,1613,15611,22811,1090$80.46$2.89
Jun 20262,4682,4688,7248,6420$84.81$3.15
May 20263,9213,9118,4908,4090$102.13$2.94
Apr 20261,5881,5942,3432,3220$100.32$2.77
Mar 20262,7492,7865,5735,5220$91.38$3.04
Feb 20267,5927,5589,9699,8770$64.51$3.62
Jan 20263,0443,0331,5481,5320$60.04$7.72
Dec 20251,2951,3008238140$57.97$4.26
Nov 20251,8771,8718078040$60.06$3.79
Oct 20257917963623600$60.89$3.19
Sep 20252,2942,2931,2521,2354$63.96$2.97
Aug 20252,0892,0941,0591,0472$64.86$2.91
Jul 20252,3502,3473593550$68.39$3.20
Jun 20251,2461,23296941$68.17$3.02
May 202500110$62.17$3.12
Apr 2025025000$63.54$3.42
Mar 20254,0544,0649,3929,3220$68.24$4.12
Feb 20254,0994,1048,9188,8530$71.53$4.19
Jan 20255,4065,39210,94110,8640$75.74$4.13
Dec 20244,0334,0349,1859,1200$70.12$3.01
Nov 20243,3773,3855,9575,9180$69.95$2.12
Oct 20245,1295,1039,4509,3860$71.99$2.20
Sep 20242,6262,63015,68415,52437$70.24$2.28
Aug 20243,3683,37114,98414,83842$76.68$1.99
Jul 20242,1462,1486,9136,8640$81.80$2.07
Jun 20242,7372,7439,7049,6330$79.77$2.54
May 20244,8644,88511,74111,401250$80.02$2.12
Apr 20246,6966,70614,71614,6090$85.35$1.60
Mar 20247,9527,92917,93117,76747$81.28$1.49
Feb 20247,0397,02911,66711,5900$77.25$1.72
Jan 20243,7283,75810,50610,4229$74.15$3.18
Dec 20237,3657,37520,59720,4300$71.90$2.52
Nov 20237,9787,96721,50221,33910$77.69$2.71
Oct 20238,5078,49422,38722,2308$85.64$2.98
Sep 20238,5748,60025,76825,6250$89.43$2.64
Aug 202311,23811,24627,33227,16214$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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Nearby

This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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