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Texas oil lease

Producing

NANCE 19

Nance 19 is an oil lease in Martin County, Texas, operated by Avid Energy Assets LLC in the Spraberry (Trend Area) field.

7 wells

3,642bbl oil, last 12 months−19% vs prior year
Operator
Avid Energy Assets LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-43532

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
6,075 mcf
Oil in Jul 2026
225 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for NANCE 19, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 3,642 bbl in the 12 months through Jul 2026, against 4,507 bbl in the 12 months before.Last 12 months: 3,642 bblbbl per monthmcf per month002505005001,0007501,5001,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for NANCE 19, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 3,642 bbl in the 12 months through Jul 2026, against 4,507 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Apr 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
81% of the gas went to a processing plant in the last 12 monthsShare of NANCE 19 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to a processing plant in the last 12 monthsShare of NANCE 19 gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 11,089 mcf

  • Flared (4)

    19% · 2,563 mcf

18.8% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Mar 2025

Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Feb 2025; Avid Energy Assets LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Jun 2023Changed Mar 2025Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to Feb 2025Avid Energy Assets LLCMar 2025 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Feb 2025; Avid Energy Assets LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Jun 2023Changed Mar 2025Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to Feb 2025Avid Energy Assets LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on NANCE 19
API numberWell no.Status
42-317-380696Shut-in
42-317-386101Active
42-317-386135Shut-in
42-317-386264Shut-in
42-317-389103Active
42-317-390182Active
42-317-391173RShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Devlar Energy Marketing, LLCOilGathers50Jun 1, 2026–
Medallion Operating Company, LLCOilGathers50Jun 1, 2026–
Medallion Operating Company, LLCOilGathers100Mar 1, 2025Jun 1, 2026
Rio Energy International, Inc.OilGathers100Nov 1, 2020Mar 1, 2025
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Feb 8, 2019Nov 1, 2020
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Feb 8, 2019Nov 1, 2020
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019Nov 1, 2020
Rio Energy International, Inc.OilGathers100Jun 1, 2019Dec 1, 2019

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

Who buys my oilOil price check

480 acres on the newest permit

7 wells are listed on this lease

Permits for Nance 19
API numberWell no.Acreson the permit
42-317-391173R480
42-317-390182480
42-317-389103480
42-317-386264479.30
42-317-386101479.30
42-317-386135480
42-317-380696479.30

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

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36 months, newest first

Ledger for NANCE 19
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Avid Energy225178000$80.46$2.89
Jun 2026Avid Energy609548000$84.81$3.15
May 2026Avid Energy99144000$102.13$2.94
Apr 2026Avid Energy89161000$100.32$2.77
Mar 2026Avid Energy920000$91.38$3.04
Feb 2026Avid Energy331340000$64.51$3.62
Jan 2026Avid Energy272355000$60.04$7.72
Dec 2025Avid Energy3523601,4521,4520$57.97$4.26
Nov 2025Avid Energy3251781,3811,3810$60.06$3.79
Oct 2025Avid Energy363357000$60.89$3.19
Sep 2025Avid Energy3815121,6041,6040$63.96$2.97
Aug 2025Avid Energy5045431,6381,6380$64.86$2.91
Jul 2025Avid Energy2341841,3631,3630$68.39$3.20
Jun 2025Avid Energy4085411,2701,2700$68.17$3.02
May 2025Avid Energy3833651,1671,1670$62.17$3.12
Apr 2025Avid Energy2333409829820$63.54$3.42
Mar 2025Avid Energy3701702322320$68.24$4.12
Feb 2025Ovintiv USA5975481,04601,046$71.53$4.19
Jan 2025Ovintiv USA3213197450745$75.74$4.13
Dec 2024Ovintiv USA2513337720772$70.12$3.01
Nov 2024Ovintiv USA672761000$69.95$2.12
Oct 2024Ovintiv USA712527000$71.99$2.20
Sep 2024Ovintiv USA16131000$70.24$2.28
Aug 2024Ovintiv USA3103529410$76.68$1.99
Jul 2024Ovintiv USA937868000$81.80$2.07
Jun 2024Ovintiv USA996926000$79.77$2.54
May 2024Ovintiv USA9691,0551,01901,019$80.02$2.12
Apr 2024Ovintiv USA6816875240524$85.35$1.60
Mar 2024Ovintiv USA494380000$81.28$1.49
Feb 2024Ovintiv USA245367000$77.25$1.72
Jan 2024Ovintiv USA228192000$74.15$3.18
Dec 2023Ovintiv USA397377000$71.90$2.52
Nov 2023Ovintiv USA604757000$77.69$2.71
Oct 2023Ovintiv USA490368000$85.64$2.98
Sep 2023Ovintiv USA904928000$89.43$2.64
Aug 2023Ovintiv USA990921000$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorAvid Energy Assets LLCFieldSpraberry (Trend Area)CountyMartin County

Avid Energy Assets LLC in Martin County

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Spraberry (Trend Area) field

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