Texas oil lease
ProducingBALCONES E UNIT B
Balcones E Unit B is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
1 well
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-59276
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 104,541 mcf
- Oil in Jul 2026
- 2,032 bbl
Production by month
Oil output fell 58% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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 34.2% of the gas in May 2024.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
87% · 91,452 mcf
Transmission line (2)
12% · 12,595 mcf
Flared (4)
0.5% · 494 mcf
0.5% of the gas flared in the last 12 months. 9 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-44898 | 1WA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dk Trading & Supply, LLC | Oil | Gathers | 95 | May 1, 2024 | – |
| Plains Marketing, L.p. | Oil | Gathers | 5 | May 1, 2024 | – |
| Wtg Gas Processing, LLC | Casinghead gas | Buys | 100 | May 1, 2024 | – |
| Wtg Gas Processing, LLC | Casinghead gas | Gathers | 100 | Apr 3, 2023 | – |
| Wtg Gas Processing, LLC | Casinghead gas | Buys | 100 | Apr 3, 2023 | May 1, 2024 |
| Dk Trading & Supply, LLC | Oil | Gathers | 100 | Apr 3, 2023 | May 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What Ovintiv Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $100.69 | $1.71 | $92.75 | SEC filing |
| Q1 2026 | $72.62 | $3.14 | $18.12 | SEC filing |
| Q4 2025 | $59.55 | $2.65 | $32.76 | SEC filing |
| Q3 2025 | $66.22 | $1.79 | $16.91 | SEC filing |
| Q2 2025 | $64.50 | $2.24 | $60.79 | SEC filing |
| Q1 2025 | $71.79 | $2.98 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 2,032 | 2,029 | 13,240 | 13,164 | 76 | $80.46 | $2.89 |
| Jun 2026 | 1,088 | 1,090 | 5,023 | 4,975 | 48 | $84.81 | $3.15 |
| May 2026 | 1,400 | 1,405 | 7,692 | 7,620 | 72 | $102.13 | $2.94 |
| Apr 2026 | 1,842 | 1,841 | 7,973 | 7,968 | 5 | $100.32 | $2.77 |
| Mar 2026 | 1,887 | 1,888 | 8,080 | 8,072 | 8 | $91.38 | $3.04 |
| Feb 2026 | 1,752 | 1,750 | 6,837 | 6,833 | 4 | $64.51 | $3.62 |
| Jan 2026 | 1,537 | 1,537 | 7,482 | 7,419 | 63 | $60.04 | $7.72 |
| Dec 2025 | 1,898 | 1,901 | 10,093 | 10,084 | 9 | $57.97 | $4.26 |
| Nov 2025 | 2,230 | 2,227 | 9,772 | 9,767 | 5 | $60.06 | $3.79 |
| Oct 2025 | 1,850 | 1,850 | 7,286 | 7,089 | 197 | $60.89 | $3.19 |
| Sep 2025 | 1,757 | 1,760 | 8,948 | 8,946 | 2 | $63.96 | $2.97 |
| Aug 2025 | 2,540 | 2,540 | 12,115 | 12,110 | 5 | $64.86 | $2.91 |
| Jul 2025 | 3,021 | 3,030 | 14,511 | 14,421 | 90 | $68.39 | $3.20 |
| Jun 2025 | 4,516 | 4,507 | 17,798 | 17,776 | 22 | $68.17 | $3.02 |
| May 2025 | 2,905 | 2,904 | 20,460 | 20,456 | 4 | $62.17 | $3.12 |
| Apr 2025 | 3,136 | 3,140 | 16,312 | 16,307 | 5 | $63.54 | $3.42 |
| Mar 2025 | 5,060 | 5,074 | 14,517 | 14,505 | 12 | $68.24 | $4.12 |
| Feb 2025 | 7,801 | 7,780 | 9,037 | 8,706 | 331 | $71.53 | $4.19 |
| Jan 2025 | 1,986 | 1,991 | 3,891 | 3,841 | 50 | $75.74 | $4.13 |
| Dec 2024 | 4,428 | 4,433 | 17,328 | 17,315 | 13 | $70.12 | $3.01 |
| Nov 2024 | 4,874 | 4,871 | 17,837 | 17,828 | 9 | $69.95 | $2.12 |
| Oct 2024 | 4,961 | 4,959 | 16,955 | 16,709 | 246 | $71.99 | $2.20 |
| Sep 2024 | 3,279 | 3,284 | 11,262 | 9,120 | 2,142 | $70.24 | $2.28 |
| Aug 2024 | 5,552 | 5,551 | 21,034 | 21,015 | 19 | $76.68 | $1.99 |
| Jul 2024 | 6,157 | 6,160 | 24,135 | 24,121 | 14 | $81.80 | $2.07 |
| Jun 2024 | 6,823 | 6,823 | 19,761 | 19,745 | 16 | $79.77 | $2.54 |
| May 2024 | 6,865 | 6,860 | 21,879 | 14,388 | 7,491 | $80.02 | $2.12 |
| Apr 2024 | 7,521 | 7,510 | 20,669 | 19,427 | 1,242 | $85.35 | $1.60 |
| Mar 2024 | 9,444 | 9,444 | 22,343 | 22,329 | 14 | $81.28 | $1.49 |
| Feb 2024 | 10,159 | 10,193 | 22,439 | 22,387 | 52 | $77.25 | $1.72 |
| Jan 2024 | 13,172 | 13,160 | 24,804 | 24,698 | 106 | $74.15 | $3.18 |
| Dec 2023 | 18,251 | 18,263 | 27,401 | 21,678 | 5,723 | $71.90 | $2.52 |
| Nov 2023 | 25,575 | 25,574 | 32,051 | 30,628 | 1,423 | $77.69 | $2.71 |
| Oct 2023 | 31,120 | 31,122 | 29,469 | 26,269 | 3,200 | $85.64 | $2.98 |
| Sep 2023 | 33,579 | 33,574 | 25,544 | 23,352 | 2,192 | $89.43 | $2.64 |
| Aug 2023 | 22,209 | 22,178 | 18,514 | 17,096 | 1,418 | $81.39 | $2.58 |
Flared above 3%
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
Ovintiv USA Inc. in Martin County
- HOLT RANCH
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- CLAIRE 252 A
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Spraberry (Trend Area) field
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17,467 bbl
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Leases within 10 km
- BALCONES E UNIT C
95,137 bbl · 0 km
- BALCONES E UNIT A
111,583 bbl · 0 km
- SLAUGHTER-TRICE
0 bbl · 0.3 km
- GRACE
0 bbl · 0.5 km
- SLAUGHTER "74F"
364 bbl · 0.5 km
- BALCONES E UNIT D
27,601 bbl · 0.8 km
- BALCONES W UNIT A
44,953 bbl · 0.8 km
- BALCONES W UNIT B
41,302 bbl · 0.8 km
- BALCONES W UNIT C
59,843 bbl · 0.8 km
- BALCONES W UNIT D
48,930 bbl · 0.8 km
Drilling permits within 10 km
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.6 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.6 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.6 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.7 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.6 km
Permit 0918594 · Sep 17, 2026