Texas oil lease
ProducingTRUE GRIT 16-17 K
True Grit 16-17 K is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Martin County
- RRC lease
- 08-64522
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 153,186 mcf
- Oil in Jul 2026
- 2,721 bbl
Production by month
Oil output fell 83% since Aug 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
91% 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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
91% · 140,044 mcf
Lease fuel (1)
6.2% · 9,541 mcf
Flared (4)
2.4% · 3,601 mcf
2.4% of the gas flared in the last 12 months. 4 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46585 | 11LS | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Oryx Midland Oil Gathering LLC | Oil | Gathers | 100 | Aug 30, 2025 |
| Energy Transfer Company | Casinghead gas | Buys | 60 | Aug 30, 2025 |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 40 | Aug 30, 2025 |
| Brazos Midstream Operating, LLC | Casinghead gas | Gathers | 100 | Aug 30, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
400.34 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 |
|---|---|---|---|---|
| 42-317-46585 | 11LS | Jan 14, 2025 | Aug 30, 2025 | 400.34 |
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 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
12 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 2,721 | 2,724 | 2,563 | 2,331 | 81 | $80.46 | $2.89 |
| Jun 2026 | 2,885 | 2,882 | 2,784 | 2,577 | 7 | $84.81 | $3.15 |
| May 2026 | 2,594 | 2,597 | 5,196 | 4,879 | 0 | $102.13 | $2.94 |
| Apr 2026 | 4,535 | 4,533 | 9,925 | 9,335 | 0 | $100.32 | $2.77 |
| Mar 2026 | 5,286 | 5,290 | 12,004 | 11,298 | 1 | $91.38 | $3.04 |
| Feb 2026 | 6,772 | 6,770 | 13,982 | 13,222 | 0 | $64.51 | $3.62 |
| Jan 2026 | 6,778 | 6,785 | 13,634 | 12,387 | 483 | $60.04 | $7.72 |
| Dec 2025 | 9,567 | 9,561 | 18,242 | 17,173 | 14 | $57.97 | $4.26 |
| Nov 2025 | 10,556 | 10,559 | 16,823 | 15,649 | 234 | $60.06 | $3.79 |
| Oct 2025 | 20,457 | 20,460 | 31,413 | 28,365 | 764 | $60.89 | $3.19 |
| Sep 2025 | 25,799 | 25,784 | 25,934 | 22,203 | 1,993 | $63.96 | $2.97 |
| Aug 2025 | 705 | 703 | 686 | 625 | 24 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Diamondback E&P LLC in Martin County
- CHEST THUMPER 1-5 UNIT 1A
94,825 bbl
- ABU GARCIA 28-16 Q
82,762 bbl
- SHIMANO 28-40 J
93,473 bbl
- BADFISH 31-43 M
92,592 bbl
- CORRETTO 97-9 F
101,491 bbl
- TEMPLE FORK 32-20 W
91,228 bbl
- MABEE XE EAST 9-16 A
101,143 bbl
- MABEE XE EAST 9-16 B
100,600 bbl
- TEMPLE FORK 32-20 E
92,004 bbl
- OPEN RANGE 28-29 G
94,992 bbl
Spraberry (Trend Area) field
- JW (SA) C
79,024 bbl
- GUY COWDEN UNIT 2
64,461 bbl
- MABEE XE EAST 9-16 A
101,143 bbl
- EAGLES NEST 01-30 I
99,709 bbl
- PRESTON-SHACKELFORD 15K
91,422 bbl
- GBG CRONUS 41-5 I
96,672 bbl
- FOREMAN-JONES 33B
89,314 bbl
- STUBBS E UNIT
99,080 bbl
- ALLAR-CALLAWAY 27M
95,034 bbl
- RILEY 26G
86,149 bbl
Leases within 10 km
- TRUE GRIT 16-17 C
435,574 bbl · 0 km
- TRUE GRIT 16-17 B
412,099 bbl · 0.3 km
- TRUE GRIT 16-17 J
253,615 bbl · 0.3 km
- TRUE GRIT 16-17 D
344,480 bbl · 0.3 km
- WOODWARD, JOHN
0 bbl · 0.4 km
- HOLLOWAY 'B'
631 bbl · 0.5 km
- LOUDER "18"
6,490 bbl · 0.6 km
- HOLLOWAY-HALL
0 bbl · 0.9 km
- KEY B
3,332 bbl · 0.9 km
- TRUE GRIT 16-17 I
212,496 bbl · 1 km
Drilling permits within 10 km
BULLDAWG SWD #1
new drill · Backyard Environ State Line LLC · Martin County · 9.6 km
Permit 0919052 · Sep 30, 2026
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.3 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.3 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.3 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 4.3 km
Permit 0918596 · Sep 17, 2026