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Texas oil lease

Producing

ABEL 18G

Abel 18G is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

27,026bbl oil, last 12 months−20% vs prior year
RRC lease
08-54464

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
62,373 mcf
Oil in Jul 2026
1,607 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for ABEL 18G, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 27,026 bbl in the 12 months through Jul 2026, against 33,833 bbl in the 12 months before.Last 12 months: 27,026 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for ABEL 18G, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 27,026 bbl in the 12 months through Jul 2026, against 33,833 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 27.3% of the gas in Jun 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of ABEL 18G gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 27.3% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 27.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of ABEL 18G gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 27.3% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 27.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    84% · 52,396 mcf

  • Transmission line (2)

    15% · 9,419 mcf

  • Lease fuel (1)

    0.6% · 348 mcf

  • Flared (4)

    0.3% · 210 mcf

0.3% of the gas flared in the last 12 months. 3 months above 3%.

2 wells on this lease

Wells on ABEL 18G
API numberWell no.Status
42-227-403264HJActive
42-227-403285HKActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Dec 9, 2019–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Dec 9, 2019May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Dec 9, 2019May 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

653.23 acres on the newest permit

An allocation well is on this lease

Permits for Abel 18G
API numberWell no.Acreson the permit
42-227-403264HJ653.23
42-227-403285HK653.23

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for ABEL 18G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6071,6202,5262,5080$80.46$2.89
Jun 20262,2292,2303,9163,8783$84.81$3.15
May 20262,0622,0695,5985,5416$102.13$2.94
Apr 20262,6532,6515,4225,3664$100.32$2.77
Mar 20261,7891,7812,5802,5503$91.38$3.04
Feb 20261,2011,2141011000$64.51$3.62
Jan 20261,4631,4414154090$60.04$7.72
Dec 20251,2191,2104494450$57.97$4.26
Nov 20257547932,5292,5100$60.06$3.79
Oct 20254,1354,12012,96312,81597$60.89$3.19
Sep 20254,0334,03612,93112,86126$63.96$2.97
Aug 20253,8813,93012,94312,83271$64.86$2.91
Jul 20254,2934,25012,65712,435169$68.39$3.20
Jun 20252,9702,9615,9254,2831,615$68.17$3.02
May 20252,8642,8615,1795,12336$62.17$3.12
Apr 20251,9691,9764,7454,579141$63.54$3.42
Mar 20253,4483,45511,85411,79612$68.24$4.12
Feb 20253,6913,68710,24010,17821$71.53$4.19
Jan 20253,8143,8478,4138,3687$75.74$4.13
Dec 20243,7273,7016,2566,2160$70.12$3.01
Nov 20243,3373,3135,7855,464294$69.95$2.12
Oct 20242,4642,4543,4123,37619$71.99$2.20
Sep 20241,2001,1695255193$70.24$2.28
Aug 2024565468680$76.68$1.99
Jul 2024540880$81.80$2.07
Jun 20242,0512,0669,9389,8982$79.77$2.54
May 20242,9462,96915,02414,9673$80.02$2.12
Apr 20242,9512,94213,12813,0731$85.35$1.60
Mar 20242,4162,4047,1627,1233$81.28$1.49
Feb 20241,9921,9868,8218,7780$77.25$1.72
Jan 20242,5332,52710,94910,535363$74.15$3.18
Dec 20232,4572,46611,37511,3240$71.90$2.52
Nov 20232,6872,70412,69612,6440$77.69$2.71
Oct 20233,6873,67314,21214,1504$85.64$2.98
Sep 20232,7322,74214,15214,02765$89.43$2.64
Aug 20233,4103,41317,24317,12844$81.39$2.58

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

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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