Gray Unit

Oil & Gas Property in Martin County, TX

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Property Summary

Key data points for Gray Unit

CountyMartin County, TX
Production DatesAug 2010 - Jun 2026
Total Oil Production73,783 BBLs
Total Gas Production132,698 MCF
Recent Oil Production236 BBLs in May 2026
Recent Gas Production1,157 MCF in May 2026
Wells on Property3

Our Valuation Estimates for Gray Unit

ShaleAssessment

$6,623 *

MarketMultiple

$30,063 **

* 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 Jun 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, TX744 BBLs1,371 MCFJun 2026
BillingtonMidland County, TX449 BBLs0 MCFJun 2026
ConnellMartin County, TX0 BBLs0 MCFJul 2025
DouglasMartin County, TX144 BBLs0 MCFJun 2026
GlynnMartin County, TX213 BBLs0 MCFJun 2026
GravesMidland County, TX1,021 BBLs598 MCFJun 2026
Hightower 10Martin County, TX23,830 BBLs104,748 MCFJun 2026
Ireton "9"Martin County, TX315 BBLs154 MCFJun 2026
KaderliMartin County, TX597 BBLs560 MCFJun 2026
KnoxMartin County, TX18,870 BBLs91,756 MCFJun 2026
KoonceMartin County, TX269 BBLs392 MCFJun 2026
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McClaneMartin County, TX180 BBLs370 MCFJun 2026
MorrisonMartin County, TX0 BBLs0 MCFApr 2026
MottMartin County, TX23,436 BBLs170,790 MCFJun 2026
Newland-Ballard "16"Martin County, TX318 BBLs477 MCFJun 2026
ShanksMartin County, TX0 BBLs0 MCFMar 2026
Stanton Townsite UnitMartin County, TX103 BBLs0 MCFJun 2026
WashingtonMartin County, TX5,501 BBLs34,710 MCFJun 2026
WhiteMartin County, TX1,461 BBLs1,765 MCFJun 2026

Owners of Gray Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026DIAMONDBACK E&P LLCGRAY UNIT "22"DIAMONDBACK E&P LLC
2026TD MINERALS LLCGRAY UNIT "22"DIAMONDBACK E&P LLC
2026COTTRELL ROBERTGRAY UNIT "22"DIAMONDBACK E&P LLC
2026BLUE SKY MINERALS LPGRAY UNIT "22"DIAMONDBACK E&P LLC
2026BRUNS MOISELLE CRAIGGRAY UNIT "22"DIAMONDBACK E&P LLC
2026KADERLI AMENDED REV/REST TRUSTGRAY UNIT "22"DIAMONDBACK E&P LLC
2026TEXAS PACIFIC ROYALTY ACQ LLCGRAY UNIT "22"DIAMONDBACK E&P LLC
2026THOMAS JUDITH KADERLIGRAY 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"Jun 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jun 2026DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"May 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"May 2026DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Apr 2026DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Apr 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Mar 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Mar 2026DIAMONDBACK E&P LLC
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 2026DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jan 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Dec 2025DIAMONDBACK 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 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Oct 2025EXPLORE LOGISTICS LLCDIAMONDBACK 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 2025DIAMONDBACK E&P LLC