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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 38718

Producing

POE

Poe is an oil lease in Glasscock County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 2,634 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

2,634bbl oil, last 12 months+16% vs prior year
Operator
Ovintiv USA Inc.
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-38718

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County · RRC district 08Open Glasscock County →
Gas, last 12 months
7,503 mcf
Oil in Jul 2026
201 bbl
Reporting to the state
since Jan 2020
Wells
4

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 rose 16% over the last 12 months

2,634 bbl in the 12 months through Jul 2026, against 2,268 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output rose 16% over the last 12 monthsMonthly oil production and gas for POE, Aug 2023 to Jul 2026. Oil output rose 16% over the last 12 months. 2,634 bbl in the 12 months through Jul 2026, against 2,268 bbl in the 12 months before.Last 12 months: 2,634 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 16% over the last 12 monthsMonthly oil production and gas for POE, Aug 2023 to Jul 2026. Oil output rose 16% over the last 12 months. 2,634 bbl in the 12 months through Jul 2026, against 2,268 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 38718, 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.

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of POE 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of POE 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 38718, 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.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

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

4 wells on this lease

Every well the Railroad Commission links to oil lease 38718 in district 08. The API number is the state’s ID for a well.
Wells on POE
API numberWell no.Status
42-173-333531Shut-in
42-173-334092Shut-in
42-173-363303Active
42-173-366644Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 38718.

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

    Energy Trans Crude Marketing LLC and Gulfmark Energy, Inc. gather it.

    Energy Trans Crude Marketing LLC gathers it: 50% of it, on the list since Aug 1, 2026 · Gulfmark Energy, Inc. gathers it: 50% of it, on the list since Aug 1, 2026

Companies that used to be listed: Gulfmark Energy, Inc. (gathers it, until Aug 1, 2026); Targa Pl Mid-Cont Westtex LLC (gathers it, until Dec 1, 2023); Targa Pl Mid-Cont Westtex LLC (buys it, until Dec 1, 2023); Oasis Transp & Marketing Corp. (gathers it, until Dec 1, 2023); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jun 1, 2020).

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

320 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
44 not plugged
Horizontal
0
First completion
Jan 30, 2008
Latest permit
Jun 27, 2014
Wells and acres on the permits for Poe
API numberWell no.Acreson the permit
42-173-366644320
42-173-363303320
42-173-334092320
42-173-333531320

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 POE 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 POE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ovintiv USA2011826005060$80.46$2.89
Jun 2026Ovintiv USA1923575854950$84.81$3.15
May 2026Ovintiv USA2361765934990$102.13$2.94
Apr 2026Ovintiv USA1961685864960$100.32$2.77
Mar 2026Ovintiv USA3011927806860$91.38$3.04
Feb 2026Ovintiv USA411753202360$64.51$3.62
Jan 2026Ovintiv USA2201766295350$60.04$7.72
Dec 2025Ovintiv USA2171726245300$57.97$4.26
Nov 2025Ovintiv USA2101926245340$60.06$3.79
Oct 2025Ovintiv USA2353647066120$60.89$3.19
Sep 2025Ovintiv USA2671906986080$63.96$2.97
Aug 2025Ovintiv USA3183487586640$64.86$2.91
Jul 2025Ovintiv USA7102952010$68.39$3.20
Jun 2025Ovintiv USA1791844323420$68.17$3.02
May 2025Ovintiv USA3905296905960$62.17$3.12
Apr 2025Ovintiv USA2291835294390$63.54$3.42
Mar 2025Ovintiv USA2231775134190$68.24$4.12
Feb 2025Ovintiv USA2251775354510$71.53$4.19
Jan 2025Ovintiv USA4885489348420$75.74$4.13
Dec 2024Ovintiv USA8902161220$70.12$3.01
Nov 2024Ovintiv USA70195183930$69.95$2.12
Oct 2024Ovintiv USA640184900$71.99$2.20
Sep 2024Ovintiv USA641682261360$70.24$2.28
Aug 2024Ovintiv USA1761884213270$76.68$1.99
Jul 2024Ovintiv USA18905544600$81.80$2.07
Jun 2024Ovintiv USA2343694733830$79.77$2.54
May 2024Ovintiv USA1681765164220$80.02$2.12
Apr 2024Ovintiv USA2461624974070$85.35$1.60
Mar 2024Ovintiv USA2893464173230$81.28$1.49
Feb 2024Ovintiv USA2421862281410$77.25$1.72
Jan 2024Ovintiv USA88191128340$74.15$3.18
Dec 2023Ovintiv USA2351885624680$71.90$2.52
Nov 2023Ovintiv USA2281695354450$77.69$2.71
Oct 2023Ovintiv USA2213635774830$85.64$2.98
Sep 2023Ovintiv USA13305514610$89.43$2.64
Aug 2023Ovintiv USA2211735945000$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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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyGlasscock County

Ovintiv USA Inc. in Glasscock County

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Spraberry (Trend Area) field

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Found by the location of their wells.

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 38718, 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.