Skip to content
Royalty Clerk

Texas oil lease

Producing

NEAL 34G

Neal 34G is an oil lease in Upton County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

54,644bbl oil, last 12 months−19% vs prior year
Operator
Ovintiv USA Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-21645

Is your check right?

Check my statement

Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
546,447 mcf
Oil in Jul 2026
4,688 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 NEAL 34G, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 54,644 bbl in the 12 months through Jul 2026, against 67,643 bbl in the 12 months before.Last 12 months: 54,644 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for NEAL 34G, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 54,644 bbl in the 12 months through Jul 2026, against 67,643 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 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 3.4% of the gas in Oct 2023.

  • 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 NEAL 34G 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 3.4% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 3.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of NEAL 34G 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 3.4% of the gas in Oct 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 3.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 455,938 mcf

  • Transmission line (2)

    15% · 83,243 mcf

  • Lease fuel (1)

    0.7% · 3,642 mcf

  • Flared (4)

    0.7% · 3,624 mcf

0.7% of the gas flared in the last 12 months. 2 months above 3%.

3 wells on this lease

Wells on NEAL 34G
API numberWell no.Status
42-461-417659HLActive
42-461-4176610HDActive
42-461-4176711HFActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Feb 16, 2022
Energy Transfer CompanyCasinghead gasBuys94Feb 16, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys6Feb 16, 2022
Energy Transfer CompanyCasinghead gasGathers94Feb 16, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers6Feb 16, 2022

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

Who buys my oilOil price check

1,458.49 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.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,458.49 and 1,648.53 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Neal 34G
API numberWell no.Acreson the permit
42-461-417659HL1,648.53
42-461-4176610HD1,458.49
42-461-4176711HF1,458.49

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 NEAL 34G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,6884,66740,64740,23688$80.46$2.89
Jun 20263,6703,69973,42973,02990$84.81$3.15
May 20265,2155,21093,17892,201583$102.13$2.94
Apr 20263,5153,50943,43542,281811$100.32$2.77
Mar 20264,6084,61645,46945,1220$91.38$3.04
Feb 20265,1045,14034,35333,975120$64.51$3.62
Jan 20264,4474,41639,26237,6511,317$60.04$7.72
Dec 20255,6885,67231,01930,7950$57.97$4.26
Nov 20254,3464,34141,84141,088451$60.06$3.79
Oct 20254,4694,47243,26742,773164$60.89$3.19
Sep 20254,2904,29529,91829,6710$63.96$2.97
Aug 20254,6044,60030,62930,3590$64.86$2.91
Jul 20254,1554,1644,4234,11711$68.39$3.20
Jun 20254,4214,42338,51338,15513$68.17$3.02
May 20255,4875,49647,86147,415100$62.17$3.12
Apr 20257,6737,67447,73547,107287$63.54$3.42
Mar 20257,7857,77652,16251,7970$68.24$4.12
Feb 20256,0256,01137,83837,5396$71.53$4.19
Jan 20254,6174,60934,51734,2540$75.74$4.13
Dec 20245,1985,20350,54550,2190$70.12$3.01
Nov 20245,1005,09547,05246,71415$69.95$2.12
Oct 20245,8515,85753,09752,302469$71.99$2.20
Sep 20246,3886,38843,87843,5856$70.24$2.28
Aug 20244,9434,94250,88850,5100$76.68$1.99
Jul 20246,7106,70853,61052,854393$81.80$2.07
Jun 20246,8646,87950,99849,858791$79.77$2.54
May 20248,3288,31051,20049,3811,457$80.02$2.12
Apr 20246,5276,53446,76746,4350$85.35$1.60
Mar 20246,7186,72454,32653,9740$81.28$1.49
Feb 20249,2509,25757,01756,65917$77.25$1.72
Jan 20248,5298,50744,77044,4270$74.15$3.18
Dec 20237,1887,19944,12043,71480$71.90$2.52
Nov 20238,6808,69648,76748,275177$77.69$2.71
Oct 20239,7679,75652,51550,3791,810$85.64$2.98
Sep 202310,23310,24354,43953,789332$89.43$2.64
Aug 202310,60710,59153,87253,50543$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)CountyUpton County

Ovintiv USA Inc. in Upton County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km