Texas oil lease
ProducingEL RANCHO W 86C
El Rancho W 86C is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
1 well
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-63031
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 127,265 mcf
- Oil in Jul 2026
- 1,982 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 85% since Jan 2025
- 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 28.0% of the gas in Jan 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
81% · 103,045 mcf
Flared (4)
11% · 13,419 mcf
Transmission line (2)
8.2% · 10,465 mcf
Lease fuel (1)
0.3% · 336 mcf
10.5% of the gas flared in the last 12 months. 10 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46076 | 4HJ | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Jan 27, 2025 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Jan 27, 2025 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Jan 27, 2025 | Mar 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
664.08 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-46076 | 4HJ | May 3, 2024 | Jan 27, 2025 | 664.08 |
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 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
19 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 1,982 | 1,995 | 3,563 | 3,202 | 345 | $80.46 | $2.89 |
| Jun 2026 | 3,763 | 3,753 | 6,407 | 6,040 | 346 | $84.81 | $3.15 |
| May 2026 | 3,393 | 3,380 | 4,587 | 4,425 | 147 | $102.13 | $2.94 |
| Apr 2026 | 1,941 | 1,959 | 3,972 | 3,850 | 110 | $100.32 | $2.77 |
| Mar 2026 | 5,653 | 5,657 | 11,040 | 10,394 | 617 | $91.38 | $3.04 |
| Feb 2026 | 5,669 | 5,665 | 10,902 | 9,091 | 1,783 | $64.51 | $3.62 |
| Jan 2026 | 6,855 | 6,864 | 12,402 | 8,899 | 3,473 | $60.04 | $7.72 |
| Dec 2025 | 8,317 | 8,326 | 13,823 | 13,488 | 301 | $57.97 | $4.26 |
| Nov 2025 | 9,618 | 9,634 | 16,314 | 12,506 | 3,769 | $60.06 | $3.79 |
| Oct 2025 | 12,738 | 12,714 | 17,472 | 15,009 | 2,416 | $60.89 | $3.19 |
| Sep 2025 | 10,383 | 10,384 | 11,668 | 11,638 | 1 | $63.96 | $2.97 |
| Aug 2025 | 12,869 | 12,868 | 15,115 | 14,968 | 111 | $64.86 | $2.91 |
| Jul 2025 | 14,341 | 14,354 | 14,721 | 14,383 | 304 | $68.39 | $3.20 |
| Jun 2025 | 17,874 | 17,894 | 16,964 | 16,668 | 255 | $68.17 | $3.02 |
| May 2025 | 25,447 | 25,439 | 20,937 | 20,051 | 832 | $62.17 | $3.12 |
| Apr 2025 | 30,833 | 30,837 | 21,539 | 21,470 | 14 | $63.54 | $3.42 |
| Mar 2025 | 34,885 | 34,896 | 22,548 | 22,463 | 27 | $68.24 | $4.12 |
| Feb 2025 | 24,454 | 24,455 | 15,110 | 14,880 | 175 | $71.53 | $4.19 |
| Jan 2025 | 1,527 | 1,443 | 1,344 | 1,082 | 183 | $75.74 | $4.13 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Ovintiv USA Inc. in Martin County
- SXSW W UNIT B
78,264 bbl
- MCFLY 255 A
81,345 bbl
- NO DIGGITY 255 A
78,613 bbl
- VERNON 252 A
75,884 bbl
- JAMIE SALINAS 17C
84,927 bbl
- THIRSTY GOAT E UNIT
78,133 bbl
- FALKEN 9-12 A
76,329 bbl
- THIRSTY GOAT W UNIT
73,755 bbl
- PENNYBACKER E UNIT
79,839 bbl
- MABEE 30D
58,407 bbl
Spraberry (Trend Area) field
- RIO GRANDE 12-24-G
82,337 bbl
- SHACKELFORD 40-12C
67,804 bbl
- CARELESS WHISPER J 19-15
80,095 bbl
- STRAIN RANCH 13-24-F
60,213 bbl
- KNIGHT 115 MIPA UNIT
81,854 bbl
- WRIGHT MSB 40-33 B
83,053 bbl
- ERLKING UNIT A 21-09
78,579 bbl
- BUTTERBUMPS 39-46 B
84,515 bbl
- MOLLIE 44-41 05
76,477 bbl
- SCHARBAUER RANCH 10C
82,005 bbl
Leases within 10 km
- EL RANCHO W 86B
71,319 bbl · 0 km
- EL RANCHO W 86A
245,778 bbl · 0 km
- EL RANCHO W 86D
259,529 bbl · 0.1 km
- EL RANCHO W 86E
72,379 bbl · 0.1 km
- RICHARDS "45"
2,940 bbl · 0.3 km
- BAUER
0 bbl · 0.3 km
- O'NEIL "4"
870 bbl · 0.6 km
- HOLCOMB
0 bbl · 0.7 km
- SLAUGHTER
5,436 bbl · 0.8 km
- RICHARDS "44"
765 bbl · 0.8 km
Drilling permits within 10 km
HARDHEAD SWD #1
new drill · Deep Blue North LLC · Martin County · 9.4 km
Permit 0919010 · Oct 1, 2026
STAR PARTY 253QQ #105HR
new drill · horizontal · Ovintiv USA Inc. · Martin County · 5.1 km
Permit 0916702 · Jul 27, 2026
STAR PARTY 253R #109HC
new drill · horizontal · Ovintiv USA Inc. · Martin County · 4.6 km
Permit 0916711 · Jul 27, 2026
STAR PARTY 253R #108HJ
new drill · horizontal · Ovintiv USA Inc. · Martin County · 4.6 km
Permit 0916709 · Jul 27, 2026
STAR PARTY 253Q #107HG
new drill · horizontal · Ovintiv USA Inc. · Martin County · 4.6 km
Permit 0916703 · Jul 27, 2026