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Texas oil lease

Producing

TRUE 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

98,655bbl oil, last 12 months
RRC lease
08-64522

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin 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)
Oil output fell 83% since Aug 2025Monthly oil production and gas for TRUE GRIT 16-17 K, Aug 2025 to Jul 2026. Oil output fell 83% since Aug 2025. Monthly average of 2,733 bbl in the latest 3 months, against 15,654 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output fell 83% since Aug 2025Monthly oil production and gas for TRUE GRIT 16-17 K, Aug 2025 to Jul 2026. Oil output fell 83% since Aug 2025. Monthly average of 2,733 bbl in the latest 3 months, against 15,654 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 26Jul

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)
91% of the gas went to a transmission line in the last 12 monthsShare of TRUE GRIT 16-17 K gas by disposition code each month, Aug 2025 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.7%Oct 25Jan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of TRUE GRIT 16-17 K gas by disposition code each month, Aug 2025 to Jul 2026. 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.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)

    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

Wells on TRUE GRIT 16-17 K
API numberWell no.Status
42-317-4658511LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Midland Oil Gathering LLCOilGathers100Aug 30, 2025
Energy Transfer CompanyCasinghead gasBuys60Aug 30, 2025
Enterprise Products Operating LLCCasinghead gasBuys40Aug 30, 2025
Brazos Midstream Operating, LLCCasinghead gasGathers100Aug 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.

Check your decimal on this lease
Permits for True Grit 16-17 K
API numberWell no.Acreson the permit
42-317-4658511LS400.34

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.

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12 months, newest first

Ledger for TRUE GRIT 16-17 K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7212,7242,5632,33181$80.46$2.89
Jun 20262,8852,8822,7842,5777$84.81$3.15
May 20262,5942,5975,1964,8790$102.13$2.94
Apr 20264,5354,5339,9259,3350$100.32$2.77
Mar 20265,2865,29012,00411,2981$91.38$3.04
Feb 20266,7726,77013,98213,2220$64.51$3.62
Jan 20266,7786,78513,63412,387483$60.04$7.72
Dec 20259,5679,56118,24217,17314$57.97$4.26
Nov 202510,55610,55916,82315,649234$60.06$3.79
Oct 202520,45720,46031,41328,365764$60.89$3.19
Sep 202525,79925,78425,93422,2031,993$63.96$2.97
Aug 202570570368662524$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

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