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Texas oil lease

Producing

TRUE GRIT

True Grit is an oil lease in Dawson County, Texas, operated by SM Energy Company in the Spraberry (Trend Area) field.

1 well

77,620bbl oil, last 12 months−23% vs prior year
Operator
SM Energy Company
County
Dawson County
Field
Spraberry (Trend Area)
RRC lease
08-61632

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
29,277 mcf
Oil in Jun 2026
3,248 bbl

Production by month

Oil output fell 23% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for TRUE GRIT, Aug 2024 to Jul 2026. Oil output fell 23% over the last 12 months. 70,326 bbl in the 12 months through Jul 2026, against 91,466 bbl in the 12 months before.Last 12 months: 70,326 bblbbl per monthmcf per month002,5001,0005,0002,0007,5003,00010k4,00012.5k5,000Oct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for TRUE GRIT, Aug 2024 to Jul 2026. Oil output fell 23% over the last 12 months. 70,326 bbl in the 12 months through Jul 2026, against 91,466 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5001,0005,0002,0007,5003,00010k4,00012.5k5,000Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a processing plant in the last 12 months

Flaring peaked at 21.7% of the gas in Sep 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
89% of the gas went to a processing plant in the last 12 monthsShare of TRUE GRIT gas by disposition code each month, Aug 2024 to Jul 2026. 89% of the gas went to a processing plant in the last 12 months. Flaring peaked at 21.7% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 21.7%Oct 24Jan 25AprJulOctJan 26AprJul
89% of the gas went to a processing plant in the last 12 monthsShare of TRUE GRIT gas by disposition code each month, Aug 2024 to Jul 2026. 89% of the gas went to a processing plant in the last 12 months. Flaring peaked at 21.7% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 21.7%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 25,911 mcf

  • Lease fuel (1)

    7.5% · 2,203 mcf

  • Flared (4)

    4.0% · 1,163 mcf

4.0% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on TRUE GRIT
API numberWell no.Status
42-115-339701482DNActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Aug 1, 2024
Dcp Operating Company, LPCasinghead gasBuys50Aug 1, 2024
Etc Gas Processing, LLCCasinghead gasBuys50Aug 1, 2024
Dcp Operating Company, LPCasinghead gasGathers50Aug 1, 2024
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2024

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

Who buys my oilOil price check

480 acres on the newest permit

Permits for True Grit
API numberWell no.Acreson the permit
42-115-339701482DN480

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What SM Energy Company told investors it received

SM Energy Company is linked to SM Energy Company (SM).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q4 2025$58.17SEC filing
Q3 2025–SEC filing
Q2 2025$62.04SEC filing
Q1 2025$70.56SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

24 months, newest first

Ledger for TRUE GRIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 20263,2483,3182,1622,14913$84.81$3.15
May 20266,2386,2292,4882,45533$102.13$2.94
Apr 20266,2526,2462,0902,07812$100.32$2.77
Mar 20267,0407,2092,6762,64927$91.38$3.04
Feb 20266,7796,7282,7982,78414$64.51$3.62
Jan 20268,4918,3642,4592,1878$60.04$7.72
Dec 20256,7296,7171,15596323$57.97$4.26
Nov 20255,7695,7681,4891,2572$60.06$3.79
Oct 20256,2116,2013,2312,693143$60.89$3.19
Sep 20256,6876,6793,6452,984234$63.96$2.97
Aug 20256,8826,8932,7672,035341$64.86$2.91
Jul 20257,2947,2742,3171,677313$68.39$3.20
Jun 20256,4556,4641,6331,179223$68.17$3.02
May 20254,3854,4161,104935136$62.17$3.12
Apr 20255,1885,2432,2822,22553$63.54$3.42
Mar 20257,1967,2072,3572,29760$68.24$4.12
Feb 20257,2847,2182,2812,23521$71.53$4.19
Jan 20255,6855,7332,1872,1722$75.74$4.13
Dec 20247,6067,5382,9032,575228$70.12$3.01
Nov 20248,5548,6342,6912,240393$69.95$2.12
Oct 202411,47511,4503,5953,413182$71.99$2.20
Sep 202410,89610,8813,7352,785811$70.24$2.28
Aug 20249,4489,3283,9813,116426$76.68$1.99

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorSM Energy CompanyFieldSpraberry (Trend Area)CountyDawson County

SM Energy Company in Dawson County

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Spraberry (Trend Area) field

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