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Texas oil lease

Producing

DEATHERAGE '23'

Deatherage '23' is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

1,702bbl oil, last 12 months−20% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-42988

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
2,872 mcf
Oil in Jul 2026
142 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for DEATHERAGE '23', Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 1,702 bbl in the 12 months through Jul 2026, against 2,128 bbl in the 12 months before.Last 12 months: 1,702 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for DEATHERAGE '23', Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 1,702 bbl in the 12 months through Jul 2026, against 2,128 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 24JulJan 25JulJan 26Jul

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 lease fuel

Flaring peaked at 100.0% of the gas in Feb 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of DEATHERAGE '23' 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 lease fuel. Flaring peaked at 100.0% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of DEATHERAGE '23' 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 lease fuel. Flaring peaked at 100.0% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Jul 26: fuel to plantFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 2,547 mcf

  • Lease fuel (1)

    6.4% · 184 mcf

  • Transmission line (2)

    4.7% · 134 mcf

  • Flared (4)

    0.2% · 7 mcf

0.2% of the gas flared in the last 12 months. 3 months above 3%.

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.

2 wells on this lease

Wells on DEATHERAGE '23'
API numberWell no.Status
42-317-375191Shut-in
42-317-381842Active

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

169.17 acres on the newest permit

Permits for Deatherage '23'
API numberWell no.Acreson the permit
42-317-381842169.17
42-317-375191169.17

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 DEATHERAGE '23'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA142051447$80.46$2.89
Jun 2026Ovintiv USA117196172820$84.81$3.15
May 2026Ovintiv USA1470146520$102.13$2.94
Apr 2026Ovintiv USA1471841441440$100.32$2.77
Mar 2026Ovintiv USA1491851861860$91.38$3.04
Feb 2026Ovintiv USA1661843123120$64.51$3.62
Jan 2026Ovintiv USA1072033173170$60.04$7.72
Dec 2025Ovintiv USA14402212210$57.97$4.26
Nov 2025Ovintiv USA13219557570$60.06$3.79
Oct 2025Ovintiv USA1481883863860$60.89$3.19
Sep 2025Ovintiv USA14104154150$63.96$2.97
Aug 2025Ovintiv USA1621864654650$64.86$2.91
Jul 2025Ovintiv USA1831805315310$68.39$3.20
Jun 2025Ovintiv USA1861774734730$68.17$3.02
May 2025Ovintiv USA1541965825820$62.17$3.12
Apr 2025Ovintiv USA1881942972970$63.54$3.42
Mar 2025Ovintiv USA20817142134180$68.24$4.12
Feb 2025Ovintiv USA6419199099$71.53$4.19
Jan 2025Ovintiv USA1991971811810$75.74$4.13
Dec 2024Ovintiv USA206175000$70.12$3.01
Nov 2024Ovintiv USA2321491971970$69.95$2.12
Oct 2024Ovintiv USA224199770$71.99$2.20
Sep 2024Ovintiv USA212189000$70.24$2.28
Aug 2024Ovintiv USA72187000$76.68$1.99
Jul 2024Ovintiv USA19719624240$81.80$2.07
Jun 2024Ovintiv USA20718416160$79.77$2.54
May 2024Ovintiv USA23117984840$80.02$2.12
Apr 2024Ovintiv USA23334353530$85.35$1.60
Mar 2024Ovintiv USA22719070700$81.28$1.49
Feb 2024Ovintiv USA2491911021020$77.25$1.72
Jan 2024Ovintiv USA327371000$74.15$3.18
Dec 2023Ovintiv USA2301891881880$71.90$2.52
Nov 2023Ovintiv USA268368550$77.69$2.71
Oct 2023Ovintiv USA30018914140$85.64$2.98
Sep 2023Ovintiv USA350369660$89.43$2.64
Aug 2023Ovintiv USA3592811681680$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

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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