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Texas oil lease

Producing

EL RANCHO W 86D

El Rancho W 86D is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

259,529bbl oil, last 12 months
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-63032

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
519,853 mcf
Oil in Jul 2026
12,268 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.

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Production by month

Oil output fell 58% since Jan 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 58% since Jan 2025Monthly oil production and gas for EL RANCHO W 86D, Jan 2025 to Jul 2026. Oil output fell 58% since Jan 2025. Monthly average of 13,630 bbl in the latest 3 months, against 32,125 bbl in the first 3.Last 12 months: 259,529 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 25AprJulOctJan 26AprJul
Oil output fell 58% since Jan 2025Monthly oil production and gas for EL RANCHO W 86D, Jan 2025 to Jul 2026. Oil output fell 58% since Jan 2025. Monthly average of 13,630 bbl in the latest 3 months, against 32,125 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 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 28.0% of the gas in Jan 2026.

  • 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 W 86D gas by disposition code each month, Jan 2025 to Jul 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 28.0%Jan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of EL RANCHO W 86D gas by disposition code each month, Jan 2025 to Jul 2026. 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.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 28.0%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 396,843 mcf

  • Transmission line (2)

    14% · 71,756 mcf

  • Flared (4)

    9.6% · 49,808 mcf

  • Lease fuel (1)

    0.3% · 1,446 mcf

9.6% of the gas flared in the last 12 months. 10 months above 3%.

2 wells on this lease

Wells on EL RANCHO W 86D
API numberWell no.Status
42-317-460775HGActive
42-317-460796HJActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jan 29, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Jan 29, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Jan 29, 2025Mar 1, 2026

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

Who buys my oilOil price check

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.

Check your decimal on this lease
Permits for El Rancho W 86D
API numberWell no.Acreson the permit
42-317-460775HG664.08
42-317-460796HJ664.08

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

19 months, newest first

Ledger for EL RANCHO W 86D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,26812,24934,72431,2073,359$80.46$2.89
Jun 202613,35413,34534,95032,9471,887$84.81$3.15
May 202615,26815,26340,22738,8091,290$102.13$2.94
Apr 202615,69215,68140,95839,7011,134$100.32$2.77
Mar 202618,60318,61846,12143,4222,578$91.38$3.04
Feb 202619,22019,21343,89036,6007,178$64.51$3.62
Jan 202624,22224,23451,26036,77814,357$60.04$7.72
Dec 202525,66725,67347,08745,9471,024$57.97$4.26
Nov 202525,53425,51850,47638,69611,658$60.06$3.79
Oct 202522,68522,69335,97030,8994,975$60.89$3.19
Sep 202530,45130,44944,12344,0112$63.96$2.97
Aug 202536,56536,56750,06749,582366$64.86$2.91
Jul 202542,35442,37354,86253,6031,131$68.39$3.20
Jun 202546,25846,28152,04851,138783$68.17$3.02
May 202556,86156,82252,50950,2892,085$62.17$3.12
Apr 202559,25059,24042,44542,30828$63.54$3.42
Mar 202558,73458,74038,12337,97946$68.24$4.12
Feb 202537,30137,19423,18722,835268$71.53$4.19
Jan 202534132232225944$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.

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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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