Texas oil lease
ProducingDELOREAN 255 B
Delorean 255 B 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
- 08-60774
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 276,946 mcf
- Oil in Jul 2026
- 7,328 bbl
Production by month
Oil output fell 28% 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 32.9% of the gas in Jan 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
83% · 230,395 mcf
Transmission line (2)
16% · 42,947 mcf
Flared (4)
0.8% · 2,285 mcf
Lease fuel (1)
0.5% · 1,319 mcf
0.8% of the gas flared in the last 12 months. 7 months above 3%.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-45036 | 4JM | Active |
| 42-317-45037 | 5WA | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Sep 2, 2023 |
| Wtg North Permian Midstream LLC | Casinghead gas | Buys | 100 | Sep 2, 2023 |
| Wtg North Permian Midstream LLC | Casinghead gas | Gathers | 100 | Sep 2, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
480 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 |
|---|---|---|---|---|
| 42-317-45036 | 4JM | Jan 30, 2023 | Sep 2, 2023 | 480 |
| 42-317-45037 | 5WA | Jan 30, 2023 | Sep 2, 2023 | 480 |
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 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
35 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 7,328 | 7,351 | 28,731 | 28,579 | 15 | $80.46 | $2.89 |
| Jun 2026 | 6,468 | 6,450 | 21,862 | 21,693 | 58 | $84.81 | $3.15 |
| May 2026 | 6,087 | 6,103 | 21,385 | 21,254 | 19 | $102.13 | $2.94 |
| Apr 2026 | 6,711 | 6,684 | 23,532 | 23,410 | 13 | $100.32 | $2.77 |
| Mar 2026 | 7,473 | 7,480 | 26,103 | 25,669 | 326 | $91.38 | $3.04 |
| Feb 2026 | 6,714 | 6,700 | 20,220 | 20,043 | 89 | $64.51 | $3.62 |
| Jan 2026 | 7,734 | 7,748 | 22,052 | 21,359 | 590 | $60.04 | $7.72 |
| Dec 2025 | 7,354 | 7,345 | 23,052 | 22,931 | 11 | $57.97 | $4.26 |
| Nov 2025 | 8,245 | 8,237 | 26,554 | 25,381 | 1,054 | $60.06 | $3.79 |
| Oct 2025 | 8,276 | 8,282 | 22,219 | 22,086 | 25 | $60.89 | $3.19 |
| Sep 2025 | 7,687 | 7,689 | 20,472 | 20,333 | 33 | $63.96 | $2.97 |
| Aug 2025 | 8,015 | 8,027 | 20,764 | 20,604 | 52 | $64.86 | $2.91 |
| Jul 2025 | 7,873 | 7,838 | 20,013 | 19,321 | 590 | $68.39 | $3.20 |
| Jun 2025 | 6,905 | 6,918 | 18,420 | 18,263 | 71 | $68.17 | $3.02 |
| May 2025 | 8,845 | 8,847 | 20,261 | 20,141 | 22 | $62.17 | $3.12 |
| Apr 2025 | 8,914 | 8,897 | 17,469 | 17,361 | 30 | $63.54 | $3.42 |
| Mar 2025 | 8,447 | 8,461 | 16,543 | 16,455 | 12 | $68.24 | $4.12 |
| Feb 2025 | 8,664 | 8,654 | 14,858 | 14,780 | 12 | $71.53 | $4.19 |
| Jan 2025 | 8,234 | 8,263 | 20,163 | 20,078 | 2 | $75.74 | $4.13 |
| Dec 2024 | 11,777 | 11,758 | 25,993 | 25,887 | 10 | $70.12 | $3.01 |
| Nov 2024 | 12,083 | 12,101 | 25,000 | 24,899 | 13 | $69.95 | $2.12 |
| Oct 2024 | 13,607 | 13,579 | 23,891 | 23,713 | 91 | $71.99 | $2.20 |
| Sep 2024 | 11,530 | 11,586 | 24,821 | 24,356 | 386 | $70.24 | $2.28 |
| Aug 2024 | 15,084 | 15,121 | 26,695 | 26,365 | 232 | $76.68 | $1.99 |
| Jul 2024 | 16,209 | 16,215 | 29,616 | 29,495 | 22 | $81.80 | $2.07 |
| Jun 2024 | 18,088 | 18,015 | 31,778 | 31,688 | 0 | $79.77 | $2.54 |
| May 2024 | 22,188 | 22,229 | 36,818 | 34,976 | 1,743 | $80.02 | $2.12 |
| Apr 2024 | 25,433 | 25,461 | 38,289 | 37,445 | 754 | $85.35 | $1.60 |
| Mar 2024 | 31,376 | 31,321 | 44,426 | 41,675 | 2,640 | $81.28 | $1.49 |
| Feb 2024 | 37,920 | 37,934 | 46,059 | 45,219 | 747 | $77.25 | $1.72 |
| Jan 2024 | 40,472 | 40,458 | 33,566 | 22,451 | 11,031 | $74.15 | $3.18 |
| Dec 2023 | 36,888 | 36,949 | 25,076 | 23,146 | 1,866 | $71.90 | $2.52 |
| Nov 2023 | 37,847 | 37,767 | 26,094 | 23,048 | 2,982 | $77.69 | $2.71 |
| Oct 2023 | 27,359 | 27,425 | 18,158 | 17,504 | 607 | $85.64 | $2.98 |
| Sep 2023 | 13,638 | 13,446 | 8,182 | 8,036 | 111 | $89.43 | $2.64 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
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Nearby
This lease belongs to
Ovintiv USA Inc. in Martin County
- STUBBS E UNIT
99,080 bbl
- SXSW E UNIT B
88,468 bbl
- SXSW W UNIT A
87,136 bbl
- MABEE 30F
78,436 bbl
- EL RANCHO E UNIT A
91,033 bbl
- JAMIE SALINAS 17A
95,189 bbl
- PENNYBACKER W UNIT
87,792 bbl
- STEVIE RAY E UNIT
81,492 bbl
- ACL UNIT A
85,749 bbl
- TREATY OAK W UNIT A
85,462 bbl
Spraberry (Trend Area) field
- COWDEN 32B
76,503 bbl
- SHACKELFORD 40-12B
84,282 bbl
- RIO 27-15 C
88,678 bbl
- WILLIAMS-EILAND 3K
91,769 bbl
- TURNER W43
48,264 bbl
- SHACKELFORD E17J
88,783 bbl
- LEXINGTON G
46,244 bbl
- EL RANCHO E UNIT A
91,033 bbl
- BUCHANAN W17B
82,434 bbl
- SHACKELFORD 40-12AE
74,727 bbl
Leases within 10 km
- DELOREAN 255 A
162,868 bbl · 0 km
- DELOREAN 255 C
39,511 bbl · 0 km
- PATRICIA PLOW
6,387 bbl · 0.2 km
- BIFF 255 A
102,789 bbl · 0.3 km
- BIFF 255 B
55,862 bbl · 0.3 km
- MABEE BREEDLOVE CLEARFORK UNIT
49 bbl · 0.3 km
- MCFLY 255 A
81,345 bbl · 0.5 km
- LEMBERGER
4,769 bbl · 0.8 km
- NO DIGGITY 255 A
78,613 bbl · 0.9 km
- NO DIGGITY 255 B
110,356 bbl · 0.9 km
Drilling permits within 10 km
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.8 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.8 km
Permit 0918729 · Sep 21, 2026
UNIVERSITY 6-16H #8H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Andrews County · 9.9 km
Permit 0917909 · Aug 19, 2026
UNIVERSITY 6-16G #7H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Andrews County · 9.9 km
Permit 0917908 · Aug 19, 2026
UNIVERSITY 6-16F #6H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Andrews County · 9.9 km
Permit 0917907 · Aug 19, 2026