Skip to content
Royalty Clerk

Texas oil lease

Producing

MABEE 318T

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

4 wells

8,238bbl oil, last 12 months−59% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-54906

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
165,865 mcf
Oil in Jul 2026
462 bbl

Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for MABEE 318T, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 8,238 bbl in the 12 months through Jul 2026, against 20,329 bbl in the 12 months before.Last 12 months: 8,238 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for MABEE 318T, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 8,238 bbl in the 12 months through Jul 2026, against 20,329 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 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 318T 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 318T 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)

    73% · 121,139 mcf

  • Transmission line (2)

    25% · 41,627 mcf

  • Lease fuel (1)

    1.0% · 1,662 mcf

  • Flared (4)

    0.9% · 1,437 mcf

0.9% of the gas flared in the last 12 months. 4 months above 3%.

4 wells on this lease

Wells on MABEE 318T
API numberWell no.Status
42-317-427627HDActive
42-317-427638HEShut-in
42-317-427649HFShut-in
42-317-4276510HEShut-in

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

4,669.37 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 318T
API numberWell no.Acreson the permit
42-317-427627HD4,669.37
42-317-427638HE4,669.37
42-317-427649HF4,669.37
42-317-4276510HE4,669.37

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 318T
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202646246420,37220,19887$80.46$2.89
Jun 202645845817,07716,93181$84.81$3.15
May 202670970824,79224,6964$102.13$2.94
Apr 202672472419,17618,741368$100.32$2.77
Mar 20268048051,3171,27637$91.38$3.04
Feb 20261,1311,1316,3846,065293$64.51$3.62
Jan 202670872312,26011,921245$60.04$7.72
Dec 20255455467,2817,1310$57.97$4.26
Nov 202545446710,34910,09336$60.06$3.79
Oct 202571569913,65113,4000$60.89$3.19
Sep 202569669716,75516,4380$63.96$2.97
Aug 202583283716,45115,876286$64.86$2.91
Jul 202573273116,24315,87084$68.39$3.20
Jun 202573977715,81014,971544$68.17$3.02
May 20251,8301,80726,02224,978530$62.17$3.12
Apr 20251,9021,89729,46127,7931,099$63.54$3.42
Mar 20251,3671,36017,00716,6720$68.24$4.12
Feb 20251,0761,08217,37916,738282$71.53$4.19
Jan 20251,5731,59014,79713,998461$75.74$4.13
Dec 20241,7531,76614,34213,906113$70.12$3.01
Nov 20242,0202,02711,61311,3700$69.95$2.12
Oct 20242,4552,42813,58813,3080$71.99$2.20
Sep 20242,2422,24319,19618,83123$70.24$2.28
Aug 20242,6402,66221,68321,2580$76.68$1.99
Jul 20242,4532,45231,08430,6360$81.80$2.07
Jun 20243,5283,53943,57843,026107$79.77$2.54
May 20243,8113,79147,46246,9840$80.02$2.12
Apr 20244,8464,84554,74354,2066$85.35$1.60
Mar 20244,6124,59942,77842,3340$81.28$1.49
Feb 20243,0403,08534,95534,5900$77.25$1.72
Jan 20244,6194,58949,94949,4100$74.15$3.18
Dec 20234,7074,71540,51439,9920$71.90$2.52
Nov 20234,4394,45049,20848,6040$77.69$2.71
Oct 20234,7314,74048,97648,4320$85.64$2.98
Sep 20235,5925,58847,81947,3140$89.43$2.64
Aug 20235,3765,41138,75538,2800$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km