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Texas oil lease · RRC district 08 · Lease 34974

Producing

DAVIDSON 34

Davidson 34 is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 1,677 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 5 wells

1,677bbl oil, last 12 months−29% vs prior year
RRC lease
08-34974

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
8,455 mcf
Oil in Jul 2026
177 bbl
Reporting to the state
since Jan 2020
Wells
5

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 29% over the last 12 months

1,677 bbl in the 12 months through Jul 2026, against 2,355 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for DAVIDSON 34, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 1,677 bbl in the 12 months through Jul 2026, against 2,355 bbl in the 12 months before.Last 12 months: 1,677 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for DAVIDSON 34, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 1,677 bbl in the 12 months through Jul 2026, against 2,355 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 34974, 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.

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

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of DAVIDSON 34 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of DAVIDSON 34 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 34974, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

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 Feb 2020

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 timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

5 wells on this lease

Every well the Railroad Commission links to oil lease 34974 in district 08. The API number is the state’s ID for a well.
Wells on DAVIDSON 34
API numberWell no.Status
42-329-334481Shut-in
42-329-335962Active
42-329-337383Active
42-329-338324Active
42-329-384906Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 34974.

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

    Medallion Operating Company, LLC gathers it.

    100% of it, on the list since Nov 1, 2017

  • Gas from oil wells

    Energy Transfer Company buys and gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since Mar 1, 2016 · Energy Transfer Company gathers it: 100% of it, on the list since Mar 1, 2016

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.

Unit and wells

80 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
66 not plugged
Horizontal
0
First completion
May 31, 1996
Latest permit
Jan 15, 2013

The wells on this lease state different acreage

The permits state between 80 and 800 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Davidson 34
API numberWell no.Acreson the permit
42-329-38490680
42-329-338324320
42-329-337383320
42-329-335962320
42-329-334481800
42-329-334483401800

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.

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.

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 DAVIDSON 34 sold each month.

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

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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. Regional gas prices are often below Henry Hub.

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 DAVIDSON 34
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ovintiv USA1771808057960$80.46$2.89
Jun 2026Ovintiv USA1791681,3361,3280$84.81$3.15
May 2026Ovintiv USA1151171,1511,1440$102.13$2.94
Apr 2026Ovintiv USA1151183973900$100.32$2.77
Mar 2026Ovintiv USA1661645805720$91.38$3.04
Feb 2026Ovintiv USA58662132060$64.51$3.62
Jan 2026Ovintiv USA1241124404320$60.04$7.72
Dec 2025Ovintiv USA1441524964890$57.97$4.26
Nov 2025Ovintiv USA1481474984920$60.06$3.79
Oct 2025Ovintiv USA1791845485420$60.89$3.19
Sep 2025Ovintiv USA1231284664610$63.96$2.97
Aug 2025Ovintiv USA1491381,5251,5080$64.86$2.91
Jul 2025Ovintiv USA91931,4881,4670$68.39$3.20
Jun 2025Ovintiv USA941638558380$68.17$3.02
May 2025Ovintiv USA4914876886750$62.17$3.12
Apr 2025Ovintiv USA5384756556440$63.54$3.42
Mar 2025Ovintiv USA1831787036930$68.24$4.12
Feb 2025Ovintiv USA1441387096990$71.53$4.19
Jan 2025Ovintiv USA83925905810$75.74$4.13
Dec 2024Ovintiv USA1571585975890$70.12$3.01
Nov 2024Ovintiv USA2011945675590$69.95$2.12
Oct 2024Ovintiv USA1481454244160$71.99$2.20
Sep 2024Ovintiv USA92934534450$70.24$2.28
Aug 2024Ovintiv USA1331357026940$76.68$1.99
Jul 2024Ovintiv USA1801846236140$81.80$2.07
Jun 2024Ovintiv USA2272287237120$79.77$2.54
May 2024Ovintiv USA2772747417300$80.02$2.12
Apr 2024Ovintiv USA2162295455380$85.35$1.60
Mar 2024Ovintiv USA1681666536440$81.28$1.49
Feb 2024Ovintiv USA2903116786690$77.25$1.72
Jan 2024Ovintiv USA2582277167060$74.15$3.18
Dec 2023Ovintiv USA3213186666530$71.90$2.52
Nov 2023Ovintiv USA1381342922800$77.69$2.71
Oct 2023Ovintiv USA2172206436330$85.64$2.98
Sep 2023Ovintiv USA2622617887760$89.43$2.64
Aug 2023Ovintiv USA2692639519380$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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Upload your statements for DAVIDSON 34. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Ovintiv USA Inc.

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  • Fees taken on gas
  • Late payment interest

Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

Ovintiv USA Inc. in Midland County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

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 34974, 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.