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Texas oil lease

Producing

LEONARD 46

Leonard 46 is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

582bbl oil, last 12 months−17% vs prior year
Operator
Ovintiv USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-43918

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
2,604 mcf
Oil in Jul 2026
50 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for LEONARD 46, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 582 bbl in the 12 months through Jul 2026, against 704 bbl in the 12 months before.Last 12 months: 582 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for LEONARD 46, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 582 bbl in the 12 months through Jul 2026, against 704 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 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 lease fuel instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of LEONARD 46 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of LEONARD 46 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jul 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    46% · 1,205 mcf

  • Lease fuel (1)

    42% · 1,102 mcf

  • Transmission line (2)

    11% · 297 mcf

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LEONARD 46
API numberWell no.Status
42-227-373001Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Mar 1, 2023–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Ngl Crude Logistics, LLCOilGathers100Sep 1, 2014Mar 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Jun 1, 2017May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Jun 1, 2017May 1, 2022

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Leonard 46
API numberWell no.Acreson the permit
42-227-373001160

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 LEONARD 46
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA500163690$80.46$2.89
Jun 2026Ovintiv USA361802071170$84.81$3.15
May 2026Ovintiv USA4202741800$102.13$2.94
Apr 2026Ovintiv USA4502251350$100.32$2.77
Mar 2026Ovintiv USA500193990$91.38$3.04
Feb 2026Ovintiv USA54181178940$64.51$3.62
Jan 2026Ovintiv USA3602341400$60.04$7.72
Dec 2025Ovintiv USA3202381440$57.97$4.26
Nov 2025Ovintiv USA7902461560$60.06$3.79
Oct 2025Ovintiv USA541732491550$60.89$3.19
Sep 2025Ovintiv USA4902101200$63.96$2.97
Aug 2025Ovintiv USA550187930$64.86$2.91
Jul 2025Ovintiv USA541762571630$68.39$3.20
Jun 2025Ovintiv USA9102561740$68.17$3.02
May 2025Ovintiv USA11045290$62.17$3.12
Apr 2025Ovintiv USA631792431540$63.54$3.42
Mar 2025Ovintiv USA5602071130$68.24$4.12
Feb 2025Ovintiv USA5101861020$71.53$4.19
Jan 2025Ovintiv USA781802171230$75.74$4.13
Dec 2024Ovintiv USA6402401460$70.12$3.01
Nov 2024Ovintiv USA1621913903000$69.95$2.12
Oct 2024Ovintiv USA201160$71.99$2.20
Sep 2024Ovintiv USA0048340$70.24$2.28
Aug 2024Ovintiv USA720154600$76.68$1.99
Jul 2024Ovintiv USA571792521580$81.80$2.07
Jun 2024Ovintiv USA16404153380$79.77$2.54
May 2024Ovintiv USA0046460$80.02$2.12
Apr 2024Ovintiv USA00000$85.35$1.60
Mar 2024Ovintiv USA0021180$81.28$1.49
Feb 2024Ovintiv USA6032240$77.25$1.72
Jan 2024Ovintiv USA561823302360$74.15$3.18
Dec 2023Ovintiv USA7003252310$71.90$2.52
Nov 2023Ovintiv USA761793973070$77.69$2.71
Oct 2023Ovintiv USA6404043100$85.64$2.98
Sep 2023Ovintiv USA7804033130$89.43$2.64
Aug 2023Ovintiv USA721733812870$81.39$2.58

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)CountyHoward County

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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