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Texas oil lease

Producing

TRUE GRIT 16-17 E

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

2 wells

338,867bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-64568

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
459,447 mcf
Oil in Jul 2026
11,443 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 21% of the 9 months before.

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

See why checks stop on this lease

Production by month

Oil output fell 83% since Aug 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 83% since Aug 2025Monthly oil production and gas for TRUE GRIT 16-17 E, Aug 2025 to Jul 2026. Oil output fell 83% since Aug 2025. Monthly average of 7,499 bbl in the latest 3 months, against 43,680 bbl in the first 3.bbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 25Jan 26AprJul
Oil output fell 83% since Aug 2025Monthly oil production and gas for TRUE GRIT 16-17 E, Aug 2025 to Jul 2026. Oil output fell 83% since Aug 2025. Monthly average of 7,499 bbl in the latest 3 months, against 43,680 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 E 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 E 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% · 423,515 mcf

  • Lease fuel (1)

    6.1% · 27,809 mcf

  • Flared (4)

    1.8% · 8,123 mcf

1.8% of the gas flared in the last 12 months. 4 months above 3%.

2 wells on this lease

Wells on TRUE GRIT 16-17 E
API numberWell no.Status
42-317-465865JMActive
42-317-4658715WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Midland Oil Gathering LLCOilGathers100Aug 31, 2025
Energy Transfer CompanyCasinghead gasBuys60Aug 31, 2025
Enterprise Products Operating LLCCasinghead gasBuys40Aug 31, 2025
Brazos Midstream Operating, LLCCasinghead gasGathers100Aug 31, 2025

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

Who buys my oilOil price check

480 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 E
API numberWell no.Acreson the permit
42-317-465865JM480
42-317-465865MS480
42-317-4658715WA480

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 E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,44311,42627,63925,134875$80.46$2.89
Jun 20263,3413,3527,7307,15420$84.81$3.15
May 20267,7137,73723,37321,9460$102.13$2.94
Apr 202621,07421,06747,21644,4090$100.32$2.77
Mar 202624,13824,13345,05842,4083$91.38$3.04
Feb 202618,66418,67630,72029,0500$64.51$3.62
Jan 202630,27430,30056,36751,2121,998$60.04$7.72
Dec 202541,29841,27963,94060,19448$57.97$4.26
Nov 202549,88149,87658,96354,845822$60.06$3.79
Oct 202571,17171,16259,96054,1421,458$60.89$3.19
Sep 202557,35857,32737,07431,7412,849$63.96$2.97
Aug 20252,5122,5041,4071,28050$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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Spraberry (Trend Area) field

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