JO GREGORY 250 B
JO GREGORY 250 B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P Llc. It has 2 wellbores on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 537,888 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $347K, with roughly $105K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 58629 |
| Wellbores | 2 |
| Reported production | 537,888 bbl |
| First reported | September 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $347K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.