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Texas oil lease

Producing

MABEE 318RR

Mabee 318RR is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

8,211bbl oil, last 12 months−14% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-54903

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
67,896 mcf
Oil in Jul 2026
614 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for MABEE 318RR, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 8,211 bbl in the 12 months through Jul 2026, against 9,495 bbl in the 12 months before.Last 12 months: 8,211 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for MABEE 318RR, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 8,211 bbl in the 12 months through Jul 2026, against 9,495 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 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 4.6% of the gas in Feb 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 MABEE 318RR 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 4.6% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 4.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of MABEE 318RR 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 4.6% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 4.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 54,263 mcf

  • Transmission line (2)

    18% · 12,049 mcf

  • Lease fuel (1)

    1.2% · 828 mcf

  • Flared (4)

    1.1% · 756 mcf

1.1% of the gas flared in the last 12 months. 4 months above 3%.

1 well on this lease

Wells on MABEE 318RR
API numberWell no.Status
42-317-427471HEActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 19, 2020–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100May 19, 2020May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100May 19, 2020May 1, 2022

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

Who buys my oilOil price check

889.77 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Mabee 318RR
API numberWell no.Acreson the permit
42-317-427471HE889.77

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 MABEE 318RR
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266146144,6734,63320$80.46$2.89
Jun 20264664667,7017,63437$84.81$3.15
May 20265365354,4324,4151$102.13$2.94
Apr 20264024011291272$100.32$2.77
Mar 20261851872,0161,95356$91.38$3.04
Feb 20267037057,0686,715324$64.51$3.62
Jan 20261,1141,1376,8836,693137$60.04$7.72
Dec 20257998025,2565,1480$57.97$4.26
Nov 20257097236,9366,76424$60.06$3.79
Oct 20259549268,0107,8620$60.89$3.19
Sep 20256936995,8935,7810$63.96$2.97
Aug 20251,0361,0508,8998,587155$64.86$2.91
Jul 20251,1951,1827,7257,54740$68.39$3.20
Jun 20258258334,0393,825139$68.17$3.02
May 20259669484,3064,13487$62.17$3.12
Apr 20256807022,7942,635105$63.54$3.42
Mar 20251,5171,51011,35511,1310$68.24$4.12
Feb 20251,2491,2216,2996,066103$71.53$4.19
Jan 20250031629910$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202402000$69.95$2.12
Oct 202472964864760$71.99$2.20
Sep 20241,4331,43110,0329,84112$70.24$2.28
Aug 20241,5581,57411,20711,0940$76.68$1.99
Jul 20241,5461,5379,1039,0210$81.80$2.07
Jun 20241,7671,7839,6229,52824$79.77$2.54
May 20242,3962,37712,61112,5250$80.02$2.12
Apr 20242,5452,53911,42311,3431$85.35$1.60
Mar 20241,9471,9255,1975,1590$81.28$1.49
Feb 2024013000$77.25$1.72
Jan 20247187201,0691,0610$74.15$3.18
Dec 20231,3071,2972,1862,1670$71.90$2.52
Nov 20233984111,7551,7400$77.69$2.71
Oct 20231,1791,1784,7824,7460$85.64$2.98
Sep 20231,1731,1724,7464,7140$89.43$2.64
Aug 20231,0901,1093,9483,9160$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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