Texas oil lease
ProducingTRUE GRIT 16-17 B
True Grit 16-17 B 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
- 08-64530
Is your check right?
Where it sits
This county
- Gas, since Sep 2025
- 615,075 mcf
- Oil in Jul 2026
- 14,603 bbl
Production by month
Oil output fell 70% since Sep 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
93% of the gas went to a transmission line in the 11 months reported
Flaring peaked at 7.7% of the gas in Sep 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
93% · 569,125 mcf
Lease fuel (1)
6.1% · 37,382 mcf
Flared (4)
1.4% · 8,568 mcf
1.4% of the gas flared in the 11 months reported. 3 months above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46801 | 2JM | Active |
| 42-317-46802 | 13WA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Oryx Midland Oil Gathering LLC | Oil | Gathers | 100 | Sep 10, 2025 |
| Energy Transfer Company | Casinghead gas | Buys | 60 | Sep 10, 2025 |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 40 | Sep 10, 2025 |
| Brazos Midstream Operating, LLC | Casinghead gas | Gathers | 100 | Sep 10, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
399.66 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-46802 | 13WA | Apr 24, 2025 | Sep 11, 2025 | 399.66 |
| 42-317-46801 | 2JM | Apr 21, 2025 | Sep 10, 2025 | 399.66 |
| 42-317-46801 | 2MS | Apr 21, 2025 | Sep 10, 2025 | 399.66 |
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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
11 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 14,603 | 14,628 | 33,883 | 30,812 | 1,073 | $80.46 | $2.89 |
| Jun 2026 | 18,377 | 18,380 | 40,722 | 37,686 | 105 | $84.81 | $3.15 |
| May 2026 | 22,082 | 22,071 | 51,858 | 48,693 | 0 | $102.13 | $2.94 |
| Apr 2026 | 24,261 | 24,254 | 55,252 | 51,967 | 0 | $100.32 | $2.77 |
| Mar 2026 | 28,761 | 28,773 | 62,054 | 58,404 | 4 | $91.38 | $3.04 |
| Feb 2026 | 32,134 | 32,136 | 59,378 | 56,150 | 0 | $64.51 | $3.62 |
| Jan 2026 | 39,621 | 39,648 | 62,106 | 56,427 | 2,201 | $60.04 | $7.72 |
| Dec 2025 | 50,278 | 50,258 | 75,148 | 70,746 | 56 | $57.97 | $4.26 |
| Nov 2025 | 62,974 | 62,959 | 72,490 | 67,428 | 1,010 | $60.06 | $3.79 |
| Oct 2025 | 78,210 | 78,186 | 71,056 | 64,162 | 1,727 | $60.89 | $3.19 |
| Sep 2025 | 40,798 | 40,770 | 31,128 | 26,650 | 2,392 | $63.96 | $2.97 |
Flared above 3%
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
Diamondback E&P LLC in Martin County
- APOLLO 38-1 UNIT 1
316,187 bbl
- AIRFLO 9-4 B
412,210 bbl
- AIRFLO 9-4 F
413,101 bbl
- AIRFLO 9-4 C
408,262 bbl
- EL DORADO 41-32 A
412,026 bbl
- AMOCO-BLANCHE 2-28 UNIT 1
373,015 bbl
- MARGIE 9-4 A
398,446 bbl
- GEORGE HOLT GLASS WEST E 13-1
404,380 bbl
- AIRFLO 9-4 D
393,126 bbl
- CHABLIS
389,461 bbl
Spraberry (Trend Area) field
- AIRFLO 9-4 C
408,262 bbl
- RIO SAN GABRIEL 28-29 UNIT 1
317,849 bbl
- EL DORADO 41-32 A
412,026 bbl
- NELLIE 83-107 A UNIT
425,555 bbl
- KOONCE WEST 46-34 UNIT 1
327,862 bbl
- FREDERICKSBURG E
377,151 bbl
- KATHERINE E
428,602 bbl
- KATHERINE F
428,596 bbl
- AMOCO-BLANCHE 2-28 UNIT 1
373,015 bbl
- MARGIE 9-4 A
398,446 bbl
Leases within 10 km
- TRUE GRIT 16-17 J
253,615 bbl · 0 km
- TRUE GRIT 16-17 D
344,480 bbl · 0 km
- HOLLOWAY 'B'
631 bbl · 0.3 km
- TRUE GRIT 16-17 K
98,655 bbl · 0.3 km
- TRUE GRIT 16-17 C
435,574 bbl · 0.3 km
- WOODWARD, JOHN
0 bbl · 0.5 km
- HOLLOWAY-HALL
0 bbl · 0.7 km
- TRUE GRIT 16-17 I
212,496 bbl · 0.8 km
- TRUE GRIT 16-17 E
338,867 bbl · 0.8 km
- LOUDER "18"
6,490 bbl · 0.8 km
Drilling permits within 10 km
BULLDAWG SWD #1
new drill · Backyard Environ State Line LLC · Martin County · 9.3 km
Permit 0919052 · Sep 30, 2026
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.5 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.5 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.5 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.5 km
Permit 0918596 · Sep 17, 2026