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Texas oil lease

Producing

DRIFTWOOD W UNIT C

Driftwood W Unit C is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

53,917bbl oil, last 12 months−55% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59598

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
289,404 mcf
Oil in Jul 2026
3,317 bbl

Production by month

Oil output fell 55% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for DRIFTWOOD W UNIT C, Oct 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 53,917 bbl in the 12 months through Jul 2026, against 121,005 bbl in the 12 months before.Last 12 months: 53,917 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for DRIFTWOOD W UNIT C, Oct 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 53,917 bbl in the 12 months through Jul 2026, against 121,005 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 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 a transmission line

Flaring peaked at 25.0% of the gas in May 2024.

  • 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 a transmission lineShare of DRIFTWOOD W UNIT C gas by disposition code each month, Oct 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 25.0% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 25.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of DRIFTWOOD W UNIT C gas by disposition code each month, Oct 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 25.0% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 25.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    82% · 236,120 mcf

  • Transmission line (2)

    17% · 50,500 mcf

  • Flared (4)

    0.9% · 2,484 mcf

  • Lease fuel (1)

    0.1% · 300 mcf

0.9% of the gas flared in the last 12 months. 13 months above 3%.

2 wells on this lease

Wells on DRIFTWOOD W UNIT C
API numberWell no.Status
42-317-450742LSActive
42-317-450752JMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Apr 2, 2023–
Wtg North Permian Midstream LLCCasinghead gasBuys100Oct 6, 2023–
Wtg North Permian Midstream LLCCasinghead gasGathers100Oct 6, 2023–
Wtg Gas Processing, LLCCasinghead gasGathers100Apr 2, 2023Oct 6, 2023
Wtg Gas Processing, LLCCasinghead gasBuys100Apr 2, 2023Oct 6, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

521.61 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.

Check your decimal on this lease
Permits for Driftwood W Unit C
API numberWell no.Acreson the permit
42-317-450742LS521.61
42-317-450752JM521.61

SourceRailroad Commission drilling permits, Oct 3, 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

34 months, newest first

Ledger for DRIFTWOOD W UNIT C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,3173,31528,42728,3990$80.46$2.89
Jun 20263,1483,14727,07827,0467$84.81$3.15
May 20263,6343,64923,48923,4549$102.13$2.94
Apr 20264,0764,07120,10420,0770$100.32$2.77
Mar 20264,0994,09021,86121,8290$91.38$3.04
Feb 20263,8933,89418,92318,9012$64.51$3.62
Jan 20264,8894,88818,81018,333454$60.04$7.72
Dec 20255,3075,30827,65925,7081,927$57.97$4.26
Nov 20255,3545,34524,04224,0182$60.06$3.79
Oct 20254,7564,75324,95224,9246$60.89$3.19
Sep 20255,2425,24625,98025,91443$63.96$2.97
Aug 20256,2026,19828,07928,01734$64.86$2.91
Jul 20255,2055,21022,35422,195135$68.39$3.20
Jun 20256,2956,29237,95037,754163$68.17$3.02
May 20257,0577,05730,75430,66955$62.17$3.12
Apr 20258,7078,70632,35232,022294$63.54$3.42
Mar 202510,07710,12431,90131,248614$68.24$4.12
Feb 20259,5879,57329,80728,2931,483$71.53$4.19
Jan 20258,5188,52730,63029,2321,368$75.74$4.13
Dec 202411,26011,26340,72540,65139$70.12$3.01
Nov 202411,61311,60537,88337,331520$69.95$2.12
Oct 202413,65013,66242,91239,4863,392$71.99$2.20
Sep 202413,35113,33641,07234,3656,675$70.24$2.28
Aug 202415,68515,78445,95445,563358$76.68$1.99
Jul 202418,34118,25742,59342,51247$81.80$2.07
Jun 202417,71017,73549,07848,98762$79.77$2.54
May 202421,75221,76555,52841,59713,899$80.02$2.12
Apr 202425,16625,17956,78852,0194,738$85.35$1.60
Mar 202433,90733,88072,93469,6533,246$81.28$1.49
Feb 202431,19631,21050,44946,7253,700$77.25$1.72
Jan 202440,74440,74045,12442,1842,915$74.15$3.18
Dec 202352,49552,49851,22042,1889,009$71.90$2.52
Nov 202354,07554,06140,70531,2639,418$77.69$2.71
Oct 202331,62031,52625,39323,4791,892$85.64$2.98

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

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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