Texas oil lease
ProducingBALCONES W UNIT C
Balcones W Unit C is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
2 wells
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-56669
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 113,141 mcf
- Oil in Jul 2026
- 5,358 bbl
Production by month
Oil output rose 4% 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 42.9% of the gas in Jan 2024.
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
83% · 93,992 mcf
Transmission line (2)
15% · 16,796 mcf
Flared (4)
2.1% · 2,353 mcf
2.1% of the gas flared in the last 12 months. 14 months above 3%.
Who has run this lease
The operator changed once, most recently in Jun 2023
- Ovintiv USA Inc. Jun 2023 to now
- Petrolegacy Energy II, LLC Feb 2022 to May 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-43573 | 2LS | Active |
| 42-317-43574 | 2WB | 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 | May 1, 2024 | – |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Sep 19, 2021 | May 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Sep 19, 2021 | May 1, 2024 |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Sep 19, 2021 | May 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
662.68 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-43573 | 2LS | May 12, 2021 | Sep 19, 2021 | 662.68 |
| 42-317-43574 | 2WB | May 12, 2021 | Sep 30, 2021 | 662.68 |
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 2026Ovintiv USA | 5,358 | 5,356 | 7,989 | 7,788 | 201 | $80.46 | $2.89 |
| Jun 2026Ovintiv USA | 6,723 | 6,732 | 8,215 | 7,918 | 297 | $84.81 | $3.15 |
| May 2026Ovintiv USA | 8,636 | 8,653 | 9,326 | 8,878 | 448 | $102.13 | $2.94 |
| Apr 2026Ovintiv USA | 7,513 | 7,492 | 4,561 | 4,537 | 24 | $100.32 | $2.77 |
| Mar 2026Ovintiv USA | 3,441 | 3,454 | 10,235 | 10,223 | 12 | $91.38 | $3.04 |
| Feb 2026Ovintiv USA | 5,763 | 5,755 | 14,078 | 14,062 | 16 | $64.51 | $3.62 |
| Jan 2026Ovintiv USA | 4,701 | 4,696 | 12,391 | 11,484 | 907 | $60.04 | $7.72 |
| Dec 2025Ovintiv USA | 4,208 | 4,207 | 10,914 | 10,892 | 22 | $57.97 | $4.26 |
| Nov 2025Ovintiv USA | 3,240 | 3,241 | 9,672 | 9,665 | 7 | $60.06 | $3.79 |
| Oct 2025Ovintiv USA | 3,756 | 3,753 | 10,585 | 10,183 | 402 | $60.89 | $3.19 |
| Sep 2025Ovintiv USA | 2,810 | 2,813 | 6,840 | 6,837 | 3 | $63.96 | $2.97 |
| Aug 2025Ovintiv USA | 3,694 | 3,693 | 8,335 | 8,321 | 14 | $64.86 | $2.91 |
| Jul 2025Ovintiv USA | 3,990 | 3,992 | 9,087 | 8,980 | 107 | $68.39 | $3.20 |
| Jun 2025Ovintiv USA | 3,592 | 3,590 | 7,418 | 7,397 | 21 | $68.17 | $3.02 |
| May 2025Ovintiv USA | 3,694 | 3,694 | 6,112 | 6,107 | 5 | $62.17 | $3.12 |
| Apr 2025Ovintiv USA | 4,540 | 4,536 | 5,046 | 4,922 | 124 | $63.54 | $3.42 |
| Mar 2025Ovintiv USA | 3,367 | 3,372 | 4,368 | 4,358 | 10 | $68.24 | $4.12 |
| Feb 2025Ovintiv USA | 3,871 | 3,873 | 7,719 | 7,499 | 220 | $71.53 | $4.19 |
| Jan 2025Ovintiv USA | 5,988 | 5,986 | 10,187 | 9,986 | 201 | $75.74 | $4.13 |
| Dec 2024Ovintiv USA | 5,792 | 5,796 | 10,374 | 10,357 | 17 | $70.12 | $3.01 |
| Nov 2024Ovintiv USA | 5,429 | 5,424 | 7,735 | 7,726 | 9 | $69.95 | $2.12 |
| Oct 2024Ovintiv USA | 5,153 | 5,158 | 10,606 | 10,595 | 11 | $71.99 | $2.20 |
| Sep 2024Ovintiv USA | 5,292 | 5,294 | 9,074 | 9,036 | 38 | $70.24 | $2.28 |
| Aug 2024Ovintiv USA | 7,046 | 7,038 | 9,792 | 9,261 | 531 | $76.68 | $1.99 |
| Jul 2024Ovintiv USA | 4,933 | 4,935 | 10,516 | 10,505 | 11 | $81.80 | $2.07 |
| Jun 2024Ovintiv USA | 5,196 | 5,205 | 8,922 | 8,885 | 37 | $79.77 | $2.54 |
| May 2024Ovintiv USA | 9,102 | 9,094 | 10,266 | 7,517 | 2,749 | $80.02 | $2.12 |
| Apr 2024Ovintiv USA | 8,794 | 8,781 | 10,924 | 10,329 | 595 | $85.35 | $1.60 |
| Mar 2024Ovintiv USA | 6,259 | 6,258 | 8,808 | 8,799 | 9 | $81.28 | $1.49 |
| Feb 2024Ovintiv USA | 5,128 | 5,154 | 11,613 | 8,368 | 3,245 | $77.25 | $1.72 |
| Jan 2024Ovintiv USA | 9,632 | 9,618 | 9,256 | 5,285 | 3,971 | $74.15 | $3.18 |
| Dec 2023Ovintiv USA | 9,634 | 9,653 | 7,642 | 5,942 | 1,700 | $71.90 | $2.52 |
| Nov 2023Ovintiv USA | 22,380 | 22,361 | 11,469 | 8,245 | 3,224 | $77.69 | $2.71 |
| Oct 2023Ovintiv USA | 10,684 | 10,683 | 10,323 | 8,920 | 1,403 | $85.64 | $2.98 |
| Sep 2023Ovintiv USA | 10,519 | 10,524 | 12,576 | 11,889 | 687 | $89.43 | $2.64 |
| Aug 2023Ovintiv USA | 11,167 | 11,165 | 6,548 | 5,835 | 713 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Ovintiv USA Inc. in Martin County
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Spraberry (Trend Area) field
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Leases within 10 km
- BALCONES W UNIT D
48,930 bbl · 0 km
- BALCONES W UNIT B
41,302 bbl · 0 km
- BALCONES W UNIT A
44,953 bbl · 0 km
- BALCONES E UNIT D
27,601 bbl · 0 km
- SLAUGHTER-TRICE
0 bbl · 0.4 km
- LUCY
1 bbl · 0.4 km
- GRACE
0 bbl · 0.8 km
- BALCONES E UNIT C
95,137 bbl · 0.8 km
- BALCONES E UNIT B
21,813 bbl · 0.8 km
- BALCONES E UNIT A
111,583 bbl · 0.8 km
Drilling permits within 10 km
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.3 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.2 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.2 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.2 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 8.2 km
Permit 0918594 · Sep 17, 2026