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Texas oil lease

Producing

PRICE 3

Price 3 is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

Oil lease dossier

1,069bbl oil, last 12 months−15% vs prior year
RRC lease
08-54228

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
6,178 mcf
Oil in Jul 2026
98 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for PRICE 3, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 1,069 bbl in the 12 months through Jul 2026, against 1,256 bbl in the 12 months before.Last 12 months: 1,069 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for PRICE 3, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 1,069 bbl in the 12 months through Jul 2026, against 1,256 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 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

  • 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 PRICE 3 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.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 PRICE 3 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.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    69% · 4,285 mcf

  • Transmission line (2)

    16% · 965 mcf

  • Lease fuel (1)

    15% · 928 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Mar 1, 2023–
Wtg Gas Processing, L.p.Casinghead gasGathers100Aug 15, 2014Mar 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Aug 15, 2014Mar 1, 2023
Ngl Crude Logistics, LLCOilGathers100Aug 15, 2014Mar 1, 2023

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

320 acres on the newest permit

Permits for Price 3
API numberWell no.Acreson the permit
42-227-379701320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 PRICE 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026981415664720$80.46$2.89
Jun 20261001895584680$84.81$3.15
May 20269305914970$102.13$2.94
Apr 2026981795534630$100.32$2.77
Mar 20261521796805860$91.38$3.04
Feb 20265803433150$64.51$3.62
Jan 20263303473180$60.04$7.72
Dec 20255002522110$57.97$4.26
Nov 2025901875444540$60.06$3.79
Oct 20259505874930$60.89$3.19
Sep 2025971795644740$63.96$2.97
Aug 20251051695934990$64.86$2.91
Jul 20259706155210$68.39$3.20
Jun 20251041595965060$68.17$3.02
May 202511206165220$62.17$3.12
Apr 2025941745884980$63.54$3.42
Mar 20251101746285340$68.24$4.12
Feb 202512105694850$71.53$4.19
Jan 20251331655464520$75.74$4.13
Dec 20241761654593650$70.12$3.01
Nov 20241471802712120$69.95$2.12
Oct 20240016160$71.99$2.20
Sep 20242901891600$70.24$2.28
Aug 20241331575324380$76.68$1.99
Jul 20241491676505560$81.80$2.07
Jun 20244123757516610$79.77$2.54
May 20243056460$80.02$2.12
Apr 20242093570$85.35$1.60
Mar 202400000$81.28$1.49
Feb 20241042024633870$77.25$1.72
Jan 202413625724780$74.15$3.18
Dec 20231801916325380$71.90$2.52
Nov 20231811865744840$77.69$2.71
Oct 20231211844883940$85.64$2.98
Sep 20232702101420$89.43$2.64
Aug 2023001460$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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New drilling permits in Howard County

Newest in the county: this lease has no coordinates.