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Texas oil lease

Producing

EL RANCHO E UNIT B

El Rancho E Unit B is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

85,601bbl oil, last 12 months−31% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-56167

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
204,452 mcf
Oil in Jul 2026
6,518 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for EL RANCHO E UNIT B, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 85,601 bbl in the 12 months through Jul 2026, against 124,504 bbl in the 12 months before.Last 12 months: 85,601 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for EL RANCHO E UNIT B, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 85,601 bbl in the 12 months through Jul 2026, against 124,504 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 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 47.7% 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 EL RANCHO E UNIT B 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. Flaring peaked at 47.7% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 47.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of EL RANCHO E UNIT B 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. Flaring peaked at 47.7% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 47.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    77% · 158,159 mcf

  • Transmission line (2)

    19% · 39,812 mcf

  • Flared (4)

    2.9% · 6,002 mcf

  • Lease fuel (1)

    0.2% · 479 mcf

2.9% of the gas flared in the last 12 months. 19 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, Apr 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Petrolegacy Energy II, LLCApr 2023 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Apr 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Petrolegacy Energy II, LLCApr 2023 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 EL RANCHO E UNIT B
API numberWell no.Status
42-317-429232WAShut-in
42-317-429242LSActive

SourceTexas Railroad Commission Wellbore Query.

664.52 acres on the newest permit

An allocation well is on this lease

Permits for El Rancho E Unit B
API numberWell no.Acreson the permit
42-317-429232WA664.52
42-317-429242LS664.52

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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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 EL RANCHO E UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA6,5186,50921,38019,3142,019$80.46$2.89
Jun 2026Ovintiv USA6,0666,10719,65718,6161,000$84.81$3.15
May 2026Ovintiv USA6,8546,84821,39521,196153$102.13$2.94
Apr 2026Ovintiv USA6,7146,70220,19519,781370$100.32$2.77
Mar 2026Ovintiv USA7,3727,40722,18522,1342$91.38$3.04
Feb 2026Ovintiv USA7,3587,33120,02419,94734$64.51$3.62
Jan 2026Ovintiv USA9,3679,38020,51518,8021,669$60.04$7.72
Dec 2025Ovintiv USA5,8535,82610,70310,555118$57.97$4.26
Nov 2025Ovintiv USA6,5116,48811,59911,51353$60.06$3.79
Oct 2025Ovintiv USA7,0927,09711,97211,369571$60.89$3.19
Sep 2025Ovintiv USA7,4927,49912,01311,9773$63.96$2.97
Aug 2025Ovintiv USA8,4048,42212,81412,76710$64.86$2.91
Jul 2025Ovintiv USA9,4459,48812,76012,7105$68.39$3.20
Jun 2025Ovintiv USA9,2459,24811,46811,180241$68.17$3.02
May 2025Ovintiv USA9,4289,47810,65210,57632$62.17$3.12
Apr 2025Ovintiv USA11,20211,1569,0798,596442$63.54$3.42
Mar 2025Ovintiv USA12,70112,7728,0087,427539$68.24$4.12
Feb 2025Ovintiv USA12,40812,2567,1046,961104$71.53$4.19
Jan 2025Ovintiv USA2,4412,45033631023$75.74$4.13
Dec 2024Ovintiv USA9,4719,48617,18815,0872,058$70.12$3.01
Nov 2024Ovintiv USA10,62710,61119,01518,759221$69.95$2.12
Oct 2024Ovintiv USA12,41212,40920,74420,113596$71.99$2.20
Sep 2024Ovintiv USA12,24112,23019,13118,758341$70.24$2.28
Aug 2024Ovintiv USA12,88312,89219,72415,1184,573$76.68$1.99
Jul 2024Ovintiv USA13,61913,53120,03619,248757$81.80$2.07
Jun 2024Ovintiv USA13,22113,22519,06118,833198$79.77$2.54
May 2024Ovintiv USA16,13916,13523,31712,17011,112$80.02$2.12
Apr 2024Ovintiv USA16,11916,30024,63018,0106,588$85.35$1.60
Mar 2024Ovintiv USA18,45118,40122,09819,7902,274$81.28$1.49
Feb 2024Ovintiv USA18,08018,09119,75715,7313,996$77.25$1.72
Jan 2024Ovintiv USA19,66519,66714,25414,18936$74.15$3.18
Dec 2023Ovintiv USA23,42823,43917,33414,3642,940$71.90$2.52
Nov 2023Ovintiv USA16,94416,8109,7567,6332,103$77.69$2.71
Oct 2023Ovintiv USA3,1353,1661,5371,150383$85.64$2.98
Sep 2023Ovintiv USA7,5727,7285,3963,9161,471$89.43$2.64
Aug 2023Ovintiv USA16,94916,90811,2089,6281,564$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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