Gray Unit

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Gray Unit

CountyMartin County, TX
Production DatesAug 2010 - Nov 2025
Total Oil Production72,321 BBLs
Total Gas Production126,506 MCF
Recent Oil Production226 BBLs in Oct 2025
Recent Gas Production873 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Gray Unit

ShaleAssessment

$7,252 *

MarketMultiple

$27,699 **

* 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 Nov 2025

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, TX781 BBLs0 MCFNov 2025
BillingtonMidland County, TX470 BBLs0 MCFOct 2025
ConnellMartin County, TX0 BBLs4 MCFNov 2025
DouglasMartin County, TX180 BBLs977 MCFNov 2025
GlynnMartin County, TX218 BBLs412 MCFNov 2025
GravesMidland County, TX1,199 BBLs665 MCFNov 2025
Hightower 10Martin County, TX36,095 BBLs142,079 MCFNov 2025
KaderliMartin County, TX886 BBLs509 MCFNov 2025
KnoxMartin County, TX18,131 BBLs83,075 MCFNov 2025
KoonceMartin County, TX428 BBLs1,118 MCFNov 2025
Lukens 28Martin County, TX0 BBLs0 MCFNov 2014
McClaneMartin County, TX316 BBLs362 MCFNov 2025
MorrisonMartin County, TX900 BBLs0 MCFOct 2025
MottMartin County, TX32,683 BBLs171,222 MCFNov 2025
Newland-Ballard "16"Martin County, TX293 BBLs261 MCFNov 2025
ShanksMartin County, TX1 BBLs0 MCFNov 2025
Stanton Townsite UnitMartin County, TX137 BBLs0 MCFOct 2025
Todd 27Martin County, TX371 BBLs339 MCFNov 2025
WashingtonMartin County, TX6,968 BBLs46,714 MCFNov 2025
WhiteMartin County, TX1,661 BBLs37 MCFNov 2025

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"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 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Sep 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Aug 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Aug 2025EXPLORE LOGISTICS LLCDIAMONDBACK 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 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"May 2025EXPLORE LOGISTICS LLCDIAMONDBACK 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 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Mar 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Feb 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Feb 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jan 2025DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Jan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-40414GRAY UNIT "22"Dec 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-40414GRAY UNIT "22"Dec 2024ENDEAVOR ENERGY RESOURCES, L.P.