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Texas oil lease

Producing

MCCLOSKEY "42"

McCloskey "42" is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

1,777bbl oil, last 12 months−50% vs prior year
RRC lease
08-44735

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
6,086 mcf
Oil in Jul 2026
4 bbl

Production by month

Oil output fell 50% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for MCCLOSKEY "42", Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 1,777 bbl in the 12 months through Jul 2026, against 3,533 bbl in the 12 months before.Last 12 months: 1,777 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 50% over the last 12 monthsMonthly oil production and gas for MCCLOSKEY "42", Aug 2023 to Jul 2026. Oil output fell 50% over the last 12 months. 1,777 bbl in the 12 months through Jul 2026, against 3,533 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 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

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of MCCLOSKEY "42" 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.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of MCCLOSKEY "42" 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.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    65% · 3,957 mcf

  • Lease fuel (1)

    18% · 1,096 mcf

  • Transmission line (2)

    17% · 1,033 mcf

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.

3 wells on this lease

Wells on MCCLOSKEY "42"
API numberWell no.Status
42-317-371931Active
42-317-386712Active
42-317-392913Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Nov 1, 2020–
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2019Nov 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2019Nov 1, 2020
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019Nov 1, 2020
Rio Energy International, Inc.OilGathers100Sep 1, 2018Dec 1, 2019

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

160.10 acres on the newest permit

Permits for McCloskey "42"
API numberWell no.Acreson the permit
42-317-392913160.10
42-317-371931160.10
42-317-386712160.10

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 MCCLOSKEY "42"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA4836135200$80.46$2.89
Jun 2026Ovintiv USA101834974060$84.81$3.15
May 2026Ovintiv USA1521727206270$102.13$2.94
Apr 2026Ovintiv USA1341224433520$100.32$2.77
Mar 2026Ovintiv USA1251633562630$91.38$3.04
Feb 2026Ovintiv USA1171582241400$64.51$3.62
Jan 2026Ovintiv USA2562316465530$60.04$7.72
Dec 2025Ovintiv USA1771544303370$57.97$4.26
Nov 2025Ovintiv USA1841405744840$60.06$3.79
Oct 2025Ovintiv USA1431886155220$60.89$3.19
Sep 2025Ovintiv USA2002146355460$63.96$2.97
Aug 2025Ovintiv USA1841953332400$64.86$2.91
Jul 2025Ovintiv USA275305144510$68.39$3.20
Jun 2025Ovintiv USA334326138480$68.17$3.02
May 2025Ovintiv USA208242124310$62.17$3.12
Apr 2025Ovintiv USA241192126360$63.54$3.42
Mar 2025Ovintiv USA287320177840$68.24$4.12
Feb 2025Ovintiv USA217213171870$71.53$4.19
Jan 2025Ovintiv USA278269151580$75.74$4.13
Dec 2024Ovintiv USA408368000$70.12$3.01
Nov 2024Ovintiv USA289384000$69.95$2.12
Oct 2024Ovintiv USA3322919960$71.99$2.20
Sep 2024Ovintiv USA320337114240$70.24$2.28
Aug 2024Ovintiv USA344250111180$76.68$1.99
Jul 2024Ovintiv USA311334000$81.80$2.07
Jun 2024Ovintiv USA276299111390$79.77$2.54
May 2024Ovintiv USA36852352200$80.02$2.12
Apr 2024Ovintiv USA546434000$85.35$1.60
Mar 2024Ovintiv USA373306000$81.28$1.49
Feb 2024Ovintiv USA21830348210$77.25$1.72
Jan 2024Ovintiv USA247226111180$74.15$3.18
Dec 2023Ovintiv USA251308119260$71.90$2.52
Nov 2023Ovintiv USA422390000$77.69$2.71
Oct 2023Ovintiv USA645781128350$85.64$2.98
Sep 2023Ovintiv USA520422111210$89.43$2.64
Aug 2023Ovintiv USA370302106130$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

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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