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Producing

RIO GRANDE 12-24-H

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

1 well

89,250bbl oil, last 12 months−40% vs prior year
Operator
Cutbow Operating, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61251

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
91,491 mcf
Oil in Jul 2026
6,681 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 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for RIO GRANDE 12-24-H, Apr 2024 to Jul 2026. Oil output fell 40% over the last 12 months. 89,250 bbl in the 12 months through Jul 2026, against 148,735 bbl in the 12 months before.Last 12 months: 89,250 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for RIO GRANDE 12-24-H, Apr 2024 to Jul 2026. Oil output fell 40% over the last 12 months. 89,250 bbl in the 12 months through Jul 2026, against 148,735 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 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-H gas by disposition code each month, Apr 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-H gas by disposition code each month, Apr 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-H
API numberWell no.Status
42-317-4535352LSActive

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 26, 2024Feb 1, 2025
Energy Trans Crude Marketing LLCOilGathers25Mar 26, 2024Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers50Mar 26, 2024Feb 1, 2025
Pinnacle Dos Picos LLCCasinghead gasGathers100Mar 26, 2024Nov 1, 2024

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

Who buys my oilOil price check

823.50 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-H
API numberWell no.Acreson the permit
42-317-4535352LS823.50

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

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28 months, newest first

Ledger for RIO GRANDE 12-24-H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,6816,6818,6288,6280$80.46$2.89
Jun 20266,8876,8878,9098,9090$84.81$3.15
May 20267,4727,4728,8278,8270$102.13$2.94
Apr 20267,7077,7077,9277,9270$100.32$2.77
Mar 20268,1578,1577,4027,4020$91.38$3.04
Feb 20267,7427,7426,1416,1410$64.51$3.62
Jan 20268,9438,9436,7516,7510$60.04$7.72
Dec 20257,6697,6694,5144,5140$57.97$4.26
Nov 20258,3888,3884,4934,4930$60.06$3.79
Oct 20251,9161,9162,4022,4020$60.89$3.19
Sep 20258,3958,39512,22112,2210$63.96$2.97
Aug 20259,2939,29313,27613,2760$64.86$2.91
Jul 202510,08810,08814,03614,0360$68.39$3.20
Jun 20256,7516,7517,9017,9010$68.17$3.02
May 20258,9608,96012,01512,0150$62.17$3.12
Apr 20259,5009,50013,28413,2840$63.54$3.42
Mar 202510,70710,70714,41514,4150$68.24$4.12
Feb 202510,46410,46413,49613,4960$71.53$4.19
Jan 202512,83612,83614,86314,8630$75.74$4.13
Dec 202413,51813,51815,36515,3650$70.12$3.01
Nov 202414,27214,27216,04516,0450$69.95$2.12
Oct 202416,09616,09616,83916,8390$71.99$2.20
Sep 202416,75216,75215,76015,7600$70.24$2.28
Aug 202418,79118,79116,35116,3510$76.68$1.99
Jul 202415,16215,16219,19119,1910$81.80$2.07
Jun 202420,50220,50214,67414,6740$79.77$2.54
May 202422,46122,46116,74116,7410$80.02$2.12
Apr 202417,37917,32914,76014,7600$85.35$1.60

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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