Gray Unit

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Gray Unit

CountyMartin County, TX
Production DatesAug 2010 - Apr 2026
Total Oil Production73,363 BBLs
Total Gas Production130,466 MCF
Recent Oil Production230 BBLs in Mar 2026
Recent Gas Production968 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Gray Unit

ShaleAssessment

$6,798 *

MarketMultiple

$26,218 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Gray Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Gray Unit
from Aug 2010 to Apr 2026

Wells on Gray Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-00078GRAY UNIT 1PARKER & PARSLEY DEVELOPMENT CO.Plugged Oil WellMartin County, TX32.118324-101.815129
42-317-32530GRAY UNIT 2COX, JOHN L.Plugged Oil WellMartin County, TX32.119115-101.811050
42-317-35951GRAY UNIT 22 1DIAMONDBACK E&P LLCProducingMartin County, TX32.118010-101.812732

Leases included in Gray Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-15885GRAY UNITPARKER & PARSLEY DEVELOPMENT CO.Martin County, TX
08-40414GRAY UNIT "22"DIAMONDBACK E&P LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Gray Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AtchisonMartin County, TX959 BBLs0 MCFApr 2026
BillingtonMidland County, TX454 BBLs0 MCFApr 2026
ConnellMartin County, TX0 BBLs0 MCFFeb 2026
DouglasMartin County, TX173 BBLs0 MCFApr 2026
GlynnMartin County, TX209 BBLs108 MCFApr 2026
GravesMidland County, TX1,068 BBLs591 MCFApr 2026
Hightower 10Martin County, TX39,767 BBLs146,240 MCFApr 2026
KaderliMartin County, TX392 BBLs455 MCFApr 2026
KnoxMartin County, TX22,677 BBLs93,077 MCFApr 2026
KoonceMartin County, TX395 BBLs304 MCFApr 2026
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McClaneMartin County, TX384 BBLs470 MCFApr 2026
MorrisonMartin County, TX859 BBLs0 MCFApr 2026
MottMartin County, TX33,580 BBLs225,475 MCFApr 2026
Newland-Ballard "16"Martin County, TX320 BBLs415 MCFApr 2026
ShanksMartin County, TX2 BBLs0 MCFMar 2026
Stanton Townsite UnitMartin County, TX54 BBLs0 MCFApr 2026
Todd 27Martin County, TX412 BBLs560 MCFApr 2026
WashingtonMartin County, TX6,245 BBLs39,921 MCFApr 2026
WhiteMartin County, TX1,544 BBLs1,645 MCFApr 2026

Owners of Gray Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCGRAY UNIT "22"DIAMONDBACK E&P LLC
2025TD MINERALS LLCGRAY UNIT "22"DIAMONDBACK E&P LLC
2025COTTRELL ROBERTGRAY UNIT "22"DIAMONDBACK E&P LLC
2025ECHO MINERALS LPGRAY UNIT "22"DIAMONDBACK E&P LLC
2025BRUNS MOISELLE CRAIGGRAY UNIT "22"DIAMONDBACK E&P LLC
2025THOMAS JUDITH KADERLIGRAY UNIT "22"DIAMONDBACK E&P LLC
2025KADERLI AMENDED REV/REST TRUSTGRAY UNIT "22"DIAMONDBACK E&P LLC
2025OM V MINERALS LLCGRAY UNIT "22"DIAMONDBACK E&P LLC
Displaying 8 of 22 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Gray Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-40414GRAY UNIT "22"Feb 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Feb 2026DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jan 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jan 2026DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Dec 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Nov 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Nov 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Oct 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Oct 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Sep 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Sep 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Aug 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Aug 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jul 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jul 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jun 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jun 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"May 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"May 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Apr 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Mar 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Mar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Feb 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC