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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 38852

Shut in

ABRAXAS "32"

Abraxas "32" is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 74 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 6 wells

74bbl oil, last 12 months−87% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-38852

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County · RRC district 08Open Martin County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
6
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 87% over the last 12 months

74 bbl in the 12 months through Jul 2026, against 561 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 87% over the last 12 monthsMonthly oil production for ABRAXAS "32", Aug 2023 to Jul 2026. Oil output fell 87% over the last 12 months. 74 bbl in the 12 months through Jul 2026, against 561 bbl in the 12 months before.Last 12 months: 74 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 87% over the last 12 monthsMonthly oil production for ABRAXAS "32", Aug 2023 to Jul 2026. Oil output fell 87% over the last 12 months. 74 bbl in the 12 months through Jul 2026, against 561 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 38852, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

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

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jun 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

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, operator by month. Reported through Jul 2026.

Wells

6 wells on this lease

Every well the Railroad Commission links to oil lease 38852 in district 08. The API number is the state’s ID for a well.
Wells on ABRAXAS "32"
API numberWell no.Status
42-317-351632Active
42-317-3809112Shut-in
42-317-3850711Shut-in
42-317-388005Shut-in
42-317-392223Shut-in
42-317-394786Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 38852.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Rio Energy International, Inc. gathers it.

    100% of it, on the list since Nov 1, 2020

Companies that used to be listed: Wtg Gas Processing, L.p. (gathers it, until Nov 1, 2020); Wtg Gas Processing, L.p. (buys it, until Nov 1, 2020); Lion Oil Trading & Trans, LLC (gathers it, until Nov 1, 2020); Rio Energy International, Inc. (gathers it, until Dec 1, 2019).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

323.10 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
65 not plugged
Horizontal
0
First completion
Jun 7, 2008
Latest permit
Jul 8, 2014
Wells and acres on the permits for Abraxas "32"
API numberWell no.Acreson the permit
42-317-394786323.10
42-317-392223323.10
42-317-388005323.10
42-317-3850711323.10
42-317-3809112323.10
42-317-351632320

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says ABRAXAS "32" sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for ABRAXAS "32"
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ovintiv USA00$80.46$2.89
Jun 2026Ovintiv USA00$84.81$3.15
May 2026Ovintiv USA00$102.13$2.94
Apr 2026Ovintiv USA00$100.32$2.77
Mar 2026Ovintiv USA00$91.38$3.04
Feb 2026Ovintiv USA00$64.51$3.62
Jan 2026Ovintiv USA00$60.04$7.72
Dec 2025Ovintiv USA00$57.97$4.26
Nov 2025Ovintiv USA00$60.06$3.79
Oct 2025Ovintiv USA00$60.89$3.19
Sep 2025Ovintiv USA00$63.96$2.97
Aug 2025Ovintiv USA740$64.86$2.91
Jul 2025Ovintiv USA00$68.39$3.20
Jun 2025Ovintiv USA360$68.17$3.02
May 2025Ovintiv USA60100$62.17$3.12
Apr 2025Ovintiv USA200$63.54$3.42
Mar 2025Ovintiv USA3297$68.24$4.12
Feb 2025Ovintiv USA460$71.53$4.19
Jan 2025Ovintiv USA6686$75.74$4.13
Dec 2024Ovintiv USA670$70.12$3.01
Nov 2024Ovintiv USA5791$69.95$2.12
Oct 2024Ovintiv USA480$71.99$2.20
Sep 2024Ovintiv USA38119$70.24$2.28
Aug 2024Ovintiv USA91126$76.68$1.99
Jul 2024Ovintiv USA70145$81.80$2.07
Jun 2024Ovintiv USA1273$79.77$2.54
May 2024Ovintiv USA204291$80.02$2.12
Apr 2024Ovintiv USA274220$85.35$1.60
Mar 2024Ovintiv USA253294$81.28$1.49
Feb 2024Ovintiv USA310275$77.25$1.72
Jan 2024Ovintiv USA373418$74.15$3.18
Dec 2023Ovintiv USA279252$71.90$2.52
Nov 2023Ovintiv USA433414$77.69$2.71
Oct 2023Ovintiv USA74166$85.64$2.98
Sep 2023Ovintiv USA195145$89.43$2.64
Aug 2023Ovintiv USA421424$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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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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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 38852, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about ABRAXAS "32"

Who operates the ABRAXAS "32" lease?

The Railroad Commission lists Ovintiv USA Inc. (operator number 628658) as the operator of this lease in Martin County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the ABRAXAS "32" lease produced?

The lease reported 74 bbl of oil in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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