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Texas oil lease

Producing

ABRAXAS '27B'

Abraxas '27B' is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

588bbl oil, last 12 months−50% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-43379

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
31 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 50% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 50% over the last 12 monthsMonthly oil production for ABRAXAS '27B', Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 588 bbl in the 12 months through Jul 2026, against 1,178 bbl in the 12 months before.Last 12 months: 588 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 50% over the last 12 monthsMonthly oil production for ABRAXAS '27B', Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 588 bbl in the 12 months through Jul 2026, against 1,178 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on ABRAXAS '27B'
API numberWell no.Status
42-317-375702Shut-in
42-317-387991Active
42-317-394793Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Nov 1, 2020–
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2019Nov 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2019Nov 1, 2020
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019Nov 1, 2020
Rio Energy International, Inc.OilGathers100Sep 1, 2018Dec 1, 2019

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

Who buys my oilOil price check

161.50 acres on the newest permit

Permits for Abraxas '27B'
API numberWell no.Acreson the permit
42-317-394793161.50
42-317-387991161.60
42-317-375702161.50

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

Unit decimal checker

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 ABRAXAS '27B'
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA310$80.46$2.89
Jun 2026Ovintiv USA42188$84.81$3.15
May 2026Ovintiv USA410$102.13$2.94
Apr 2026Ovintiv USA420$100.32$2.77
Mar 2026Ovintiv USA460$91.38$3.04
Feb 2026Ovintiv USA49188$64.51$3.62
Jan 2026Ovintiv USA470$60.04$7.72
Dec 2025Ovintiv USA490$57.97$4.26
Nov 2025Ovintiv USA470$60.06$3.79
Oct 2025Ovintiv USA55200$60.89$3.19
Sep 2025Ovintiv USA520$63.96$2.97
Aug 2025Ovintiv USA870$64.86$2.91
Jul 2025Ovintiv USA00$68.39$3.20
Jun 2025Ovintiv USA120$68.17$3.02
May 2025Ovintiv USA52195$62.17$3.12
Apr 2025Ovintiv USA174195$63.54$3.42
Mar 2025Ovintiv USA241201$68.24$4.12
Feb 2025Ovintiv USA171176$71.53$4.19
Jan 2025Ovintiv USA250192$75.74$4.13
Dec 2024Ovintiv USA470$70.12$3.01
Nov 2024Ovintiv USA67167$69.95$2.12
Oct 2024Ovintiv USA580$71.99$2.20
Sep 2024Ovintiv USA520$70.24$2.28
Aug 2024Ovintiv USA54125$76.68$1.99
Jul 2024Ovintiv USA991$81.80$2.07
Jun 2024Ovintiv USA91179$79.77$2.54
May 2024Ovintiv USA451365$80.02$2.12
Apr 2024Ovintiv USA00$85.35$1.60
Mar 2024Ovintiv USA15172$81.28$1.49
Feb 2024Ovintiv USA260$77.25$1.72
Jan 2024Ovintiv USA913$74.15$3.18
Dec 2023Ovintiv USA74159$71.90$2.52
Nov 2023Ovintiv USA1040$77.69$2.71
Oct 2023Ovintiv USA198186$85.64$2.98
Sep 2023Ovintiv USA243389$89.43$2.64
Aug 2023Ovintiv USA12043$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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