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Texas oil lease

Producing

LADY BIRD 22-14

Lady Bird 22-14 is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

7 wells

183,805bbl oil, last 12 months−49% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-51756

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
637,177 mcf
Oil in Jul 2026
11,957 bbl

Production by month

Oil output fell 49% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for LADY BIRD 22-14, Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 183,805 bbl in the 12 months through Jul 2026, against 357,539 bbl in the 12 months before.Last 12 months: 183,805 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for LADY BIRD 22-14, Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 183,805 bbl in the 12 months through Jul 2026, against 357,539 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 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 Jan 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 LADY BIRD 22-14 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 Jan 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 LADY BIRD 22-14 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 Jan 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)

    80% · 508,117 mcf

  • Transmission line (2)

    16% · 100,735 mcf

  • Flared (4)

    4.2% · 26,738 mcf

  • Lease fuel (1)

    0.2% · 1,587 mcf

4.2% of the gas flared in the last 12 months. 23 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, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on LADY BIRD 22-14
API numberWell no.Status
42-317-415431LSActive
42-317-415441WAActive
42-317-415451WBActive
42-317-461703HKActive
42-317-461714HGActive
42-317-461725HJActive
42-317-461736HFActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lion Oil Trading & Trans, LLCOilGathers50Jul 1, 2022–
Lpc Crude Iii, LLCOilGathers25Jul 1, 2022–
Rio Energy International, Inc.OilGathers25Jul 1, 2022–
Wtg Gas Processing, LLCCasinghead gasBuys100Jul 1, 2022–
Wtg Gas Processing, LLCCasinghead gasGathers100Jul 1, 2022–
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2019Jul 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2019Jul 1, 2022
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019Jul 1, 2022
West Texas Gas, Inc.Casinghead gasGathers100Dec 22, 2018Dec 1, 2019
West Texas Gas, Inc.Casinghead gasBuys100Dec 22, 2018Dec 1, 2019
Rio Energy International, Inc.OilGathers100Dec 22, 2018Dec 1, 2019

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

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 562.84 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Lady Bird 22-14
API numberWell no.Acreson the permit
42-317-461703HK562.84
42-317-461725HJ640
42-317-461714HG640
42-317-461736HF640
42-317-415431LS640
42-317-415441WA640
42-317-415451WB640

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

36 months, newest first

Ledger for LADY BIRD 22-14
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA11,95712,01954,21447,6816,451$80.46$2.89
Jun 2026Ovintiv USA12,59612,75656,61143,39513,051$84.81$3.15
May 2026Ovintiv USA14,28214,15857,96357,340442$102.13$2.94
Apr 2026Ovintiv USA15,94515,95654,60654,129404$100.32$2.77
Mar 2026Ovintiv USA15,35115,29453,64653,116460$91.38$3.04
Feb 2026Ovintiv USA15,61815,67548,22547,205958$64.51$3.62
Jan 2026Ovintiv USA13,95413,93750,59848,1022,410$60.04$7.72
Dec 2025Ovintiv USA15,83815,86253,65253,161385$57.97$4.26
Nov 2025Ovintiv USA18,12418,24954,54153,929477$60.06$3.79
Oct 2025Ovintiv USA16,27116,18748,81248,085484$60.89$3.19
Sep 2025Ovintiv USA17,07017,22552,09551,172738$63.96$2.97
Aug 2025Ovintiv USA16,79916,62852,21451,537478$64.86$2.91
Jul 2025Ovintiv USA21,44721,78156,68256,153332$68.39$3.20
Jun 2025Ovintiv USA25,69625,54158,99658,123689$68.17$3.02
May 2025Ovintiv USA27,94027,99958,22855,6502,393$62.17$3.12
Apr 2025Ovintiv USA27,50127,40859,10652,0496,879$63.54$3.42
Mar 2025Ovintiv USA33,97433,91362,07560,7021,199$68.24$4.12
Feb 2025Ovintiv USA31,27131,19853,93949,1974,603$71.53$4.19
Jan 2025Ovintiv USA54,66454,84079,83574,5845,094$75.74$4.13
Dec 2024Ovintiv USA73,58573,61776,79175,0931,544$70.12$3.01
Nov 2024Ovintiv USA45,78745,70435,21331,1583,937$69.95$2.12
Oct 2024Ovintiv USA4,4834,2724,5912,7401,752$71.99$2.20
Sep 2024Ovintiv USA5,3415,4486,3974,8411,556$70.24$2.28
Aug 2024Ovintiv USA5,8505,8905,9554,3121,643$76.68$1.99
Jul 2024Ovintiv USA5,4535,4015,1803,9261,254$81.80$2.07
Jun 2024Ovintiv USA3,0293,0343,3893,041348$79.77$2.54
May 2024Ovintiv USA4,1674,1733,7172,6581,059$80.02$2.12
Apr 2024Ovintiv USA3,3613,2944,0743,0391,035$85.35$1.60
Mar 2024Ovintiv USA2,9973,0213,4772,0661,411$81.28$1.49
Feb 2024Ovintiv USA4,9364,7873,3521,9671,385$77.25$1.72
Jan 2024Ovintiv USA3,8623,4581,9331,011922$74.15$3.18
Dec 2023Ovintiv USA4,2914,287467307160$71.90$2.52
Nov 2023Ovintiv USA4,5514,6041,091794297$77.69$2.71
Oct 2023Ovintiv USA7,9387,8681,7931,510283$85.64$2.98
Sep 2023Ovintiv USA6,3496,3455,0564,223833$89.43$2.64
Aug 2023Ovintiv USA8,1528,13311,8819,9081,973$81.39$2.58

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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