Skip to content
Royalty Clerk

Texas oil lease

Producing

PENNYBACKER W UNIT

Pennybacker W Unit is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

87,792bbl oil, last 12 months−24% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58691

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
247,497 mcf
Oil in Jul 2026
6,132 bbl

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for PENNYBACKER W UNIT, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 87,792 bbl in the 12 months through Jul 2026, against 115,530 bbl in the 12 months before.Last 12 months: 87,792 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for PENNYBACKER W UNIT, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 87,792 bbl in the 12 months through Jul 2026, against 115,530 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 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 73.8% of the gas in Apr 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of PENNYBACKER W UNIT 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 73.8% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 73.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of PENNYBACKER W UNIT 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 73.8% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 73.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    78% · 192,848 mcf

  • Transmission line (2)

    17% · 43,114 mcf

  • Flared (4)

    4.7% · 11,535 mcf

4.7% of the gas flared in the last 12 months. 9 months above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePetrolegacy Energy II, LLC, Mar 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Petrolegacy Energy II, LLCMar 2023 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Mar 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Petrolegacy Energy II, LLCMar 2023 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 PENNYBACKER W UNIT
API numberWell no.Status
42-317-442541WAActive
42-317-442552LSActive
42-317-442562WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Sep 3, 2022
Wtg Gas Processing, LLCCasinghead gasBuys100Sep 3, 2022
Wtg Gas Processing, LLCCasinghead gasGathers100Sep 3, 2022

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

Who buys my oilOil price check

817.26 acres on the newest permit

Check your decimal on this lease
Permits for Pennybacker W Unit
API numberWell no.Acreson the permit
42-317-442541WA817.26
42-317-442552LS817.26
42-317-442562WA817.26

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 PENNYBACKER W UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA6,1326,16720,87016,0684,802$80.46$2.89
Jun 2026Ovintiv USA7,7667,72922,93019,0003,930$84.81$3.15
May 2026Ovintiv USA5,5875,61524,19824,11484$102.13$2.94
Apr 2026Ovintiv USA7,5727,57224,39024,32664$100.32$2.77
Mar 2026Ovintiv USA8,3248,31822,18822,16325$91.38$3.04
Feb 2026Ovintiv USA6,9186,93916,73114,9151,816$64.51$3.62
Jan 2026Ovintiv USA7,7557,73519,39619,070326$60.04$7.72
Dec 2025Ovintiv USA6,6146,58318,38318,33845$57.97$4.26
Nov 2025Ovintiv USA4,5184,53615,97415,90272$60.06$3.79
Oct 2025Ovintiv USA6,8146,83419,30819,164144$60.89$3.19
Sep 2025Ovintiv USA9,3499,34519,35419,27084$63.96$2.97
Aug 2025Ovintiv USA10,44310,42723,77523,632143$64.86$2.91
Jul 2025Ovintiv USA8,1188,14919,89319,486407$68.39$3.20
Jun 2025Ovintiv USA6,9156,90120,30420,168136$68.17$3.02
May 2025Ovintiv USA8,6138,61224,63324,53994$62.17$3.12
Apr 2025Ovintiv USA8,4638,44223,85923,81247$63.54$3.42
Mar 2025Ovintiv USA8,9238,98126,85026,702148$68.24$4.12
Feb 2025Ovintiv USA9,9469,96928,30828,27335$71.53$4.19
Jan 2025Ovintiv USA12,48912,43227,09227,07220$75.74$4.13
Dec 2024Ovintiv USA9,0519,04721,93221,830102$70.12$3.01
Nov 2024Ovintiv USA7,7637,76217,76017,67189$69.95$2.12
Oct 2024Ovintiv USA10,27910,27227,21426,551663$71.99$2.20
Sep 2024Ovintiv USA12,05412,08527,76127,68081$70.24$2.28
Aug 2024Ovintiv USA12,91612,89226,26226,045217$76.68$1.99
Jul 2024Ovintiv USA11,30011,30924,30222,4621,840$81.80$2.07
Jun 2024Ovintiv USA13,35513,35833,58030,8932,687$79.77$2.54
May 2024Ovintiv USA15,10915,11341,46730,87010,597$80.02$2.12
Apr 2024Ovintiv USA15,59415,59447,20112,34834,853$85.35$1.60
Mar 2024Ovintiv USA18,06018,096000$81.28$1.49
Feb 2024Ovintiv USA17,81617,79216,57812,0174,561$77.25$1.72
Jan 2024Ovintiv USA18,02618,01539,69339,364329$74.15$3.18
Dec 2023Ovintiv USA23,00123,02538,83337,6201,213$71.90$2.52
Nov 2023Ovintiv USA25,60725,55139,18939,13356$77.69$2.71
Oct 2023Ovintiv USA16,96916,96419,75419,644110$85.64$2.98
Sep 2023Ovintiv USA25,87525,92244,20343,798405$89.43$2.64
Aug 2023Ovintiv USA32,87932,93048,71248,177535$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