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Texas oil lease

Producing

HERBERT P 102B

Herbert P 102B is an oil lease in Upton County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

61,408bbl oil, last 12 months
Operator
Ovintiv USA Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23177

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
178,271 mcf
Oil in Jul 2026
5,188 bbl

Production by month

Oil output fell 66% since Mar 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 66% since Mar 2025Monthly oil production and gas for HERBERT P 102B, Mar 2025 to Jul 2026. Oil output fell 66% since Mar 2025. Monthly average of 6,079 bbl in the latest 3 months, against 17,971 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kApr 25JulOctJan 26AprJul
Oil output fell 66% since Mar 2025Monthly oil production and gas for HERBERT P 102B, Mar 2025 to Jul 2026. Oil output fell 66% since Mar 2025. Monthly average of 6,079 bbl in the latest 3 months, against 17,971 bbl in the first 3.bbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 25Jan 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 97.5% of the gas in Jul 2025.

  • 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 HERBERT P 102B gas by disposition code each month, Mar 2025 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 97.5% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 97.5%Apr 25JulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HERBERT P 102B gas by disposition code each month, Mar 2025 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 97.5% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 97.5%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 166,170 mcf

  • Transmission line (2)

    5.9% · 10,582 mcf

  • Flared (4)

    0.7% · 1,309 mcf

  • Lease fuel (1)

    0.1% · 210 mcf

0.7% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on HERBERT P 102B
API numberWell no.Status
42-461-42961203HGActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Mar 21, 2025
Enterprise Products Operating LLCCasinghead gasBuys100Mar 21, 2025
Enterprise Products Operating LLCCasinghead gasGathers100Mar 21, 2025

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

Who buys my oilOil price check

705.36 acres on the newest permit

An allocation well is on this lease

Permits for Herbert P 102B
API numberWell no.Acreson the permit
42-461-42961203HG705.36

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

17 months, newest first

Ledger for HERBERT P 102B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,1885,17913,99213,9540$80.46$2.89
Jun 20265,6715,7047,6367,6190$84.81$3.15
May 20267,3787,2832,9762,9630$102.13$2.94
Apr 202612011314130$100.32$2.77
Mar 202603661600$91.38$3.04
Feb 20262,7082,71211,86911,8531$64.51$3.62
Jan 20264,8664,85920,66420,496147$60.04$7.72
Dec 20255,2685,27221,00820,868120$57.97$4.26
Nov 20256,0286,02523,51723,292204$60.06$3.79
Oct 20256,8566,86424,87424,662190$60.89$3.19
Sep 20257,9847,98225,27025,092157$63.96$2.97
Aug 20259,3419,33826,39025,880490$64.86$2.91
Jul 202511,17011,1797720753$68.39$3.20
Jun 202513,87613,87638,65337,849783$68.17$3.02
May 202525,87125,91466,84166,027777$62.17$3.12
Apr 202528,04127,95225,32219,7375,562$63.54$3.42
Mar 20250032828741$68.24$4.12

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)CountyUpton County

Ovintiv USA Inc. in Upton County

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Spraberry (Trend Area) field

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