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Texas oil lease

Producing

EL RANCHO E UNIT C

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

1 well

56,183bbl oil, last 12 months−14% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-56474

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
46,647 mcf
Oil in Jul 2026
2,376 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for EL RANCHO E UNIT C, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 56,183 bbl in the 12 months through Jul 2026, against 65,709 bbl in the 12 months before.Last 12 months: 56,183 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for EL RANCHO E UNIT C, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 56,183 bbl in the 12 months through Jul 2026, against 65,709 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJan 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 C 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 C 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)

    86% · 39,888 mcf

  • Transmission line (2)

    12% · 5,461 mcf

  • Flared (4)

    2.5% · 1,184 mcf

  • Lease fuel (1)

    0.2% · 114 mcf

2.5% 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.

1 well on this lease

Wells on EL RANCHO E UNIT C
API numberWell no.Status
42-317-429352WAActive

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 C
API numberWell no.Acreson the permit
42-317-429242LS664.52
42-317-429352WA664.52

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 EL RANCHO E UNIT C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA2,3762,4032,2142,000209$80.46$2.89
Jun 2026Ovintiv USA4,0504,0283,8003,599193$84.81$3.15
May 2026Ovintiv USA2,2112,2631,8791,86213$102.13$2.94
Apr 2026Ovintiv USA4,7994,7884,9444,84390$100.32$2.77
Mar 2026Ovintiv USA5,1235,1384,3884,3780$91.38$3.04
Feb 2026Ovintiv USA4,7214,7003,5993,5856$64.51$3.62
Jan 2026Ovintiv USA5,6795,7474,7804,381389$60.04$7.72
Dec 2025Ovintiv USA5,9645,9125,4485,37459$57.97$4.26
Nov 2025Ovintiv USA5,3075,2864,3574,32520$60.06$3.79
Oct 2025Ovintiv USA5,5915,5844,2083,996201$60.89$3.19
Sep 2025Ovintiv USA5,1565,1543,7353,7241$63.96$2.97
Aug 2025Ovintiv USA5,2065,2113,2953,2823$64.86$2.91
Jul 2025Ovintiv USA5,3575,3813,4173,4041$68.39$3.20
Jun 2025Ovintiv USA5,2825,3032,9282,85561$68.17$3.02
May 2025Ovintiv USA6,3876,3384,0644,03512$62.17$3.12
Apr 2025Ovintiv USA3,4273,3801,4861,40772$63.54$3.42
Mar 2025Ovintiv USA1,5091,50369264246$68.24$4.12
Feb 2025Ovintiv USA7357225595488$71.53$4.19
Jan 2025Ovintiv USA541011,3861,27996$75.74$4.13
Dec 2024Ovintiv USA4,4974,5322,5542,242306$70.12$3.01
Nov 2024Ovintiv USA7,5167,5086,5576,46976$69.95$2.12
Oct 2024Ovintiv USA9,1459,1548,4198,163242$71.99$2.20
Sep 2024Ovintiv USA10,44710,4409,6139,426171$70.24$2.28
Aug 2024Ovintiv USA11,35311,36810,3387,9242,397$76.68$1.99
Jul 2024Ovintiv USA12,91412,83211,60211,146438$81.80$2.07
Jun 2024Ovintiv USA14,36214,36411,02210,890115$79.77$2.54
May 2024Ovintiv USA15,00915,00611,9306,2275,685$80.02$2.12
Apr 2024Ovintiv USA16,27516,44914,36810,5063,843$85.35$1.60
Mar 2024Ovintiv USA17,84317,80313,38111,9831,378$81.28$1.49
Feb 2024Ovintiv USA18,41418,44212,78610,1802,586$77.25$1.72
Jan 2024Ovintiv USA22,23322,22311,28411,23328$74.15$3.18
Dec 2023Ovintiv USA24,71224,82414,69312,1762,492$71.90$2.52
Nov 2023Ovintiv USA28,06128,06013,80110,7982,974$77.69$2.71
Oct 2023Ovintiv USA27,72527,71012,6109,4323,142$85.64$2.98
Sep 2023Ovintiv USA31,66031,92920,83915,1235,682$89.43$2.64
Aug 2023Ovintiv USA41,01640,60222,69019,4913,166$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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