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Texas oil lease

Producing

TRUE GRIT 16-17 G

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

2 wells

248,119bbl oil, since Sep 2025
RRC lease
08-64488

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, since Sep 2025
432,696 mcf
Oil in Jul 2026
17,729 bbl

Production by month

Oil output fell 73% since Sep 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 73% since Sep 2025Monthly oil production and gas for TRUE GRIT 16-17 G, Sep 2025 to Jul 2026. Oil output fell 73% since Sep 2025. Monthly average of 11,924 bbl in the latest 3 months, against 44,231 bbl in the first 3.bbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 25Jan 26AprJul
Oil output fell 73% since Sep 2025Monthly oil production and gas for TRUE GRIT 16-17 G, Sep 2025 to Jul 2026. Oil output fell 73% since Sep 2025. Monthly average of 11,924 bbl in the latest 3 months, against 44,231 bbl in the first 3.bbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a transmission line in the 11 months reported

Flaring peaked at 7.5% of the gas in Sep 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
90% of the gas went to a transmission line in the 11 months reportedShare of TRUE GRIT 16-17 G gas by disposition code each month, Sep 2025 to Jul 2026. 90% of the gas went to a transmission line in the 11 months reported. Flaring peaked at 7.5% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.5%Oct 25Jan 26AprJul
90% of the gas went to a transmission line in the 11 months reportedShare of TRUE GRIT 16-17 G gas by disposition code each month, Sep 2025 to Jul 2026. 90% of the gas went to a transmission line in the 11 months reported. Flaring peaked at 7.5% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 7.5%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 390,380 mcf

  • Lease fuel (1)

    7.7% · 33,265 mcf

  • Flared (4)

    2.1% · 9,051 mcf

2.1% of the gas flared in the 11 months reported. 3 months above 3%.

2 wells on this lease

Wells on TRUE GRIT 16-17 G
API numberWell no.Status
42-317-465627LSActive
42-317-4656318WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Midland Oil Gathering LLCOilGathers100Sep 6, 2025
Energy Transfer CompanyCasinghead gasBuys60Sep 6, 2025
Enterprise Products Operating LLCCasinghead gasBuys40Sep 6, 2025
Brazos Midstream Operating, LLCCasinghead gasGathers100Sep 6, 2025

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

400 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 G
API numberWell no.Acreson the permit
42-317-465627LS400
42-317-4656318WB400

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

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

11 months, newest first

Ledger for TRUE GRIT 16-17 G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202617,72917,71041,97837,4401,304$80.46$2.89
Jun 20267,2657,27217,26115,62943$84.81$3.15
May 202610,77910,77230,92729,0390$102.13$2.94
Apr 202611,06311,06126,11624,5630$100.32$2.77
Mar 202613,94513,95438,24035,9903$91.38$3.04
Feb 202617,10417,09839,56037,4090$64.51$3.62
Jan 202616,32816,34033,39030,3371,183$60.04$7.72
Dec 202521,21321,20637,67635,07628$57.97$4.26
Nov 202527,74027,73947,74042,662639$60.06$3.79
Oct 202543,91743,92960,94752,9341,425$60.89$3.19
Sep 202561,03660,99558,86149,3014,426$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

Spraberry (Trend Area) field

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