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RIO GRANDE 12-24-C

Rio Grande 12-24-C is an oil lease in Martin County, Texas, operated by Cutbow Operating, LLC in the Spraberry (Trend Area) field.

1 well

77,517bbl oil, last 12 months−48% vs prior year
Operator
Cutbow Operating, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61246

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
240,755 mcf
Oil in Jul 2026
6,189 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: PHILLIPS 66 DOS PICOS LLC replaced PINNACLE DOS PICOS LLC as the buyer of this lease's gas from oil wells on Nov 1, 2024.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for RIO GRANDE 12-24-C, Mar 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 77,517 bbl in the 12 months through Jul 2026, against 148,400 bbl in the 12 months before.Last 12 months: 77,517 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for RIO GRANDE 12-24-C, Mar 2024 to Jul 2026. Oil output fell 48% over the last 12 months. 77,517 bbl in the 12 months through Jul 2026, against 148,400 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of RIO GRANDE 12-24-C gas by disposition code each month, Mar 2024 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 24JulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of RIO GRANDE 12-24-C gas by disposition code each month, Mar 2024 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RIO GRANDE 12-24-C
API numberWell no.Status
42-317-4538236WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers50Feb 1, 2025–
Et-S Permian Pipeline Company LlOilGathers50Feb 1, 2025–
Phillips 66 Dos Picos LLCCasinghead gasGathers100Nov 1, 2024Feb 1, 2025
Phillips 66 Dos Picos LLCCasinghead gasBuys100Nov 1, 2024Feb 1, 2025
Dk Trading & Supply, LLCOilGathers25Mar 16, 2024Feb 1, 2025
Energy Trans Crude Marketing LLCOilGathers25Mar 16, 2024Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers50Mar 16, 2024Feb 1, 2025
Pinnacle Dos Picos LLCCasinghead gasGathers100Mar 16, 2024Nov 1, 2024

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

Who buys my oilOil price check

983.18 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 Rio Grande 12-24-C
API numberWell no.Acreson the permit
42-317-4538236WB983.18

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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29 months, newest first

Ledger for RIO GRANDE 12-24-C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,1896,18930,98230,9820$80.46$2.89
Jun 20266,5436,54331,19831,1980$84.81$3.15
May 20267,2447,24431,02831,0280$102.13$2.94
Apr 20266,9556,95524,34824,3480$100.32$2.77
Mar 20267,2157,21520,97720,9770$91.38$3.04
Feb 20267,3357,33515,37315,3730$64.51$3.62
Jan 20266,1756,1758,5968,5960$60.04$7.72
Dec 20255,7105,7106,4736,4730$57.97$4.26
Nov 20253,3613,3612,9892,9890$60.06$3.79
Oct 20253,4213,42111,87211,8720$60.89$3.19
Sep 20258,0738,07328,09828,0980$63.96$2.97
Aug 20259,2969,29628,82128,8210$64.86$2.91
Jul 20259,5749,57429,41029,4100$68.39$3.20
Jun 20259,4779,47725,03725,0370$68.17$3.02
May 202510,57210,57223,81523,8150$62.17$3.12
Apr 202511,17211,17221,39221,3920$63.54$3.42
Mar 202512,21212,21223,52223,5220$68.24$4.12
Feb 202510,63010,63016,14916,1490$71.53$4.19
Jan 202512,28112,28125,68925,6890$75.74$4.13
Dec 202413,00813,00824,61524,6150$70.12$3.01
Nov 202413,13313,13324,78024,7800$69.95$2.12
Oct 202414,40614,40625,06525,0650$71.99$2.20
Sep 202415,41715,41725,49425,4940$70.24$2.28
Aug 202416,51816,51825,52325,5230$76.68$1.99
Jul 202411,13211,13220,53320,5330$81.80$2.07
Jun 202418,07818,07817,89517,8950$79.77$2.54
May 202423,61523,61522,41322,4130$80.02$2.12
Apr 202424,49524,49522,68122,6810$85.35$1.60
Mar 20249,3669,3166,9786,9780$81.28$1.49

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

OperatorCutbow Operating, LLCFieldSpraberry (Trend Area)CountyMartin County

Cutbow Operating, LLC in Martin County

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Spraberry (Trend Area) field

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