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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 38530

Producing

PHILLIPS 7

Phillips 7 is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 994 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

994bbl oil, last 12 months−36% vs prior year
Operator
Ovintiv USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-38530

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County · RRC district 08Open Howard County →
Gas, last 12 months
1 mcf
Oil in Jul 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
2

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 36% over the last 12 months

994 bbl in the 12 months through Jul 2026, against 1,544 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for PHILLIPS 7, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 994 bbl in the 12 months through Jul 2026, against 1,544 bbl in the 12 months before.Last 12 months: 994 bblbbl per monthmcf per month001000200130014001Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for PHILLIPS 7, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 994 bbl in the 12 months through Jul 2026, against 1,544 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001000200130014001Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 38530, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a processing plant in the only month reported

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a processing plant in the only month reportedShare of PHILLIPS 7 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the only month reported. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the only month reportedShare of PHILLIPS 7 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the only month reported. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 38530, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

None of the gas was flared in the only month reported.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Feb 2020

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 38530 in district 08. The API number is the state’s ID for a well.
Wells on PHILLIPS 7
API numberWell no.Status
42-227-360481Active
42-227-361362Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 38530.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Bml, Inc. B gathers it.

    100% of it, on the list since Mar 1, 2023

Companies that used to be listed: Dcp Operating Company, LP (gathers it, until Mar 1, 2023); Dcp Operating Company, LP (buys it, until Mar 1, 2023); Ngl Crude Logistics, LLC (gathers it, until Mar 1, 2023).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

160 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
21 not plugged
Horizontal
0
First completion
May 3, 2007
Latest permit
Apr 26, 2008
Wells and acres on the permits for Phillips 7
API numberWell no.Acreson the permit
42-227-361362160
42-227-360481160

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says PHILLIPS 7 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for PHILLIPS 7
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ovintiv USA00000$80.46$2.89
Jun 2026Ovintiv USA1140000$84.81$3.15
May 2026Ovintiv USA830000$102.13$2.94
Apr 2026Ovintiv USA00000$100.32$2.77
Mar 2026Ovintiv USA63185000$91.38$3.04
Feb 2026Ovintiv USA910000$64.51$3.62
Jan 2026Ovintiv USA86173000$60.04$7.72
Dec 2025Ovintiv USA770110$57.97$4.26
Nov 2025Ovintiv USA117179000$60.06$3.79
Oct 2025Ovintiv USA122183000$60.89$3.19
Sep 2025Ovintiv USA1220000$63.96$2.97
Aug 2025Ovintiv USA119152000$64.86$2.91
Jul 2025Ovintiv USA107175000$68.39$3.20
Jun 2025Ovintiv USA1200000$68.17$3.02
May 2025Ovintiv USA138158000$62.17$3.12
Apr 2025Ovintiv USA136168000$63.54$3.42
Mar 2025Ovintiv USA139163000$68.24$4.12
Feb 2025Ovintiv USA1240000$71.53$4.19
Jan 2025Ovintiv USA138160000$75.74$4.13
Dec 2024Ovintiv USA136161000$70.12$3.01
Nov 2024Ovintiv USA169163000$69.95$2.12
Oct 2024Ovintiv USA59166000$71.99$2.20
Sep 2024Ovintiv USA00000$70.24$2.28
Aug 2024Ovintiv USA278145000$76.68$1.99
Jul 2024Ovintiv USA199341000$81.80$2.07
Jun 2024Ovintiv USA185167000$79.77$2.54
May 2024Ovintiv USA173160000$80.02$2.12
Apr 2024Ovintiv USA194181000$85.35$1.60
Mar 2024Ovintiv USA237182000$81.28$1.49
Feb 2024Ovintiv USA233189000$77.25$1.72
Jan 2024Ovintiv USA238343000$74.15$3.18
Dec 2023Ovintiv USA157157000$71.90$2.52
Nov 2023Ovintiv USA173175000$77.69$2.71
Oct 2023Ovintiv USA231190000$85.64$2.98
Sep 2023Ovintiv USA166177000$89.43$2.64
Aug 2023Ovintiv USA192189000$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyHoward County

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • PHILLIPS 11

    3,180 bbl last 12 months · 0.5 km away

  • ZULA 1

    3,648 bbl last 12 months · 0.6 km away

  • DILLARD 6

    0 bbl last 12 months · 0.6 km away

  • LONG 7

    1,041 bbl last 12 months · 0.7 km away

  • BAKER TRUST

    0 bbl last 12 months · 0.8 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 38530, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.