Skip to content
Royalty Clerk

Texas oil lease

Producing

NEAL 39B

Neal 39B is an oil lease in Upton County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

5 wells

48,924bbl oil, last 12 months+29% vs prior year
Operator
Ovintiv USA Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-20915

Is your check right?

Check my statement

Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
255,549 mcf
Oil in Jul 2026
4,241 bbl

Production by month

Oil output rose 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 29% over the last 12 monthsMonthly oil production and gas for NEAL 39B, Aug 2023 to Jul 2026. Oil output rose 29% over the last 12 months. 48,924 bbl in the 12 months through Jul 2026, against 37,865 bbl in the 12 months before.Last 12 months: 48,924 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 29% over the last 12 monthsMonthly oil production and gas for NEAL 39B, Aug 2023 to Jul 2026. Oil output rose 29% over the last 12 months. 48,924 bbl in the 12 months through Jul 2026, against 37,865 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 30.2% of the gas in Jul 2025.

  • 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 39B 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 30.2% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 30.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of NEAL 39B 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 30.2% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 30.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 187,554 mcf

  • Transmission line (2)

    21% · 53,807 mcf

  • Lease fuel (1)

    3.7% · 9,444 mcf

  • Flared (4)

    1.9% · 4,744 mcf

1.9% of the gas flared in the last 12 months. 16 months above 3%.

5 wells on this lease

Wells on NEAL 39B
API numberWell no.Status
42-461-412806HCActive
42-461-412817HFActive
42-461-412828HMActive
42-461-412839HJActive
42-461-4128410HEActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Feb 11, 2020
Energy Transfer CompanyCasinghead gasBuys80Feb 11, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys20Feb 11, 2020
Energy Transfer CompanyCasinghead gasGathers80Feb 11, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers20Feb 11, 2020

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

Who buys my oilOil price check

1,156.01 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 Neal 39B
API numberWell no.Acreson the permit
42-461-412806HC1,156.01
42-461-412817HF1,156.01
42-461-412828HM1,156.01
42-461-412839HJ1,156.01
42-461-4128410HE1,156.01

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 39B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,2414,22036,92334,6171,128$80.46$2.89
Jun 20263,4623,48454,14452,629479$84.81$3.15
May 20264,3394,32146,87044,855812$102.13$2.94
Apr 20263,7883,82622,20120,295869$100.32$2.77
Mar 20264,5234,51223,85122,125537$91.38$3.04
Feb 20264,6134,59213,97812,841513$64.51$3.62
Jan 20264,1304,14611,96611,37925$60.04$7.72
Dec 20254,3584,34710,91410,3530$57.97$4.26
Nov 20254,2744,28616,23515,2780$60.06$3.79
Oct 20254,6704,6416,0445,6930$60.89$3.19
Sep 20253,2193,2212,3562,2110$63.96$2.97
Aug 20253,3073,30310,0679,085381$64.86$2.91
Jul 20252,8802,869735325222$68.39$3.20
Jun 20253,1643,19215,73514,215446$68.17$3.02
May 20253,8033,80517,38016,03648$62.17$3.12
Apr 20253,3343,31012,71111,061394$63.54$3.42
Mar 20252,2422,23212,05511,635420$68.24$4.12
Feb 20251,7411,8308,2177,427790$71.53$4.19
Jan 20254,1184,15511,8379,7392,098$75.74$4.13
Dec 20243,8413,75012,17011,928242$70.12$3.01
Nov 20241,6571,6829,6047,689386$69.95$2.12
Oct 20242,2762,25225,11323,285289$71.99$2.20
Sep 20244,2144,23462,83460,742397$70.24$2.28
Aug 20244,5954,58957,64755,391707$76.68$1.99
Jul 20245,3795,36167,78861,7134,422$81.80$2.07
Jun 20245,4315,43255,27851,3452,425$79.77$2.54
May 20245,4955,49656,83249,8675,368$80.02$2.12
Apr 20245,4735,50858,74556,639536$85.35$1.60
Mar 20246,3316,30840,63939,070163$81.28$1.49
Feb 20246,2796,26936,19634,255643$77.25$1.72
Jan 20246,8806,86460,04254,4573,923$74.15$3.18
Dec 20237,5447,55770,83168,357840$71.90$2.52
Nov 20236,5256,51664,65262,0281,076$77.69$2.71
Oct 20237,1397,16368,00760,8865,524$85.64$2.98
Sep 20236,7466,73563,57960,2561,774$89.43$2.64
Aug 20237,5577,56864,03060,1702,317$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