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Texas oil lease

Producing

TRUE GRIT 16-17 C

True Grit 16-17 C is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

435,574bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-64414

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
593,896 mcf
Oil in Jul 2026
21,786 bbl

Production by month

Oil output fell 49% since Aug 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 49% since Aug 2025Monthly oil production and gas for TRUE GRIT 16-17 C, Aug 2025 to Jul 2026. Oil output fell 49% since Aug 2025. Monthly average of 22,415 bbl in the latest 3 months, against 44,354 bbl in the first 3.bbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 25Jan 26AprJul
Oil output fell 49% since Aug 2025Monthly oil production and gas for TRUE GRIT 16-17 C, Aug 2025 to Jul 2026. Oil output fell 49% since Aug 2025. Monthly average of 22,415 bbl in the latest 3 months, against 44,354 bbl in the first 3.bbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

Flaring peaked at 7.7% of the gas in Sep 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a transmission line in the last 12 monthsShare of TRUE GRIT 16-17 C gas by disposition code each month, Aug 2025 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 7.7% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.7%Oct 25Jan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of TRUE GRIT 16-17 C gas by disposition code each month, Aug 2025 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months. Flaring peaked at 7.7% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 7.7%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 547,964 mcf

  • Lease fuel (1)

    6.1% · 36,141 mcf

  • Flared (4)

    1.6% · 9,791 mcf

1.6% of the gas flared in the last 12 months. 4 months above 3%.

2 wells on this lease

Wells on TRUE GRIT 16-17 C
API numberWell no.Status
42-317-465833JMActive
42-317-4658412WAShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Midland Oil Gathering LLCOilGathers100Aug 28, 2025
Energy Transfer CompanyCasinghead gasBuys60Aug 28, 2025
Enterprise Products Operating LLCCasinghead gasBuys40Aug 28, 2025
Brazos Midstream Operating, LLCCasinghead gasGathers100Aug 28, 2025

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

Who buys my oilOil price check

398.98 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.

Check your decimal on this lease
Permits for True Grit 16-17 C
API numberWell no.Acreson the permit
42-317-465833JM398.98
42-317-4658412WA398.98

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

12 months, newest first

Ledger for TRUE GRIT 16-17 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202621,78621,80039,10435,5601,238$80.46$2.89
Jun 202620,33220,33732,22429,82283$84.81$3.15
May 202625,12625,11453,18949,9430$102.13$2.94
Apr 202627,14727,13448,82245,9190$100.32$2.77
Mar 202629,14529,15555,42852,1684$91.38$3.04
Feb 202631,57131,57955,59952,5751$64.51$3.62
Jan 202642,99143,00967,55261,3752,394$60.04$7.72
Dec 202548,02548,00265,91262,05050$57.97$4.26
Nov 202556,38856,37759,48255,328829$60.06$3.79
Oct 202573,29773,28569,20562,4901,682$60.89$3.19
Sep 202555,32555,30244,18237,8253,396$63.96$2.97
Aug 20254,4414,4273,1972,909114$64.86$2.91

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

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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