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Texas oil lease

Producing

RAB 22X

Rab 22X is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

14,904bbl oil, last 12 months−40% vs prior year
Operator
Ovintiv USA Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-58550

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
539,055 mcf
Oil in Jul 2026
865 bbl

Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for RAB 22X, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 14,904 bbl in the 12 months through Jul 2026, against 24,876 bbl in the 12 months before.Last 12 months: 14,904 bblbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080k5,000100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for RAB 22X, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 14,904 bbl in the 12 months through Jul 2026, against 24,876 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00020k2,00040k3,00060k4,00080k5,000100kJan 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 15.9% of the gas in Jan 2026.

  • 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 RAB 22X 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 15.9% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 15.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of RAB 22X 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 15.9% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 15.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    84% · 453,525 mcf

  • Transmission line (2)

    13% · 71,953 mcf

  • Flared (4)

    1.8% · 9,672 mcf

  • Lease fuel (1)

    0.7% · 3,905 mcf

1.8% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on RAB 22X
API numberWell no.Status
42-329-457854HMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Oct 9, 2022
Energy Transfer CompanyCasinghead gasBuys100Oct 9, 2022
Energy Transfer CompanyCasinghead gasGathers100Oct 9, 2022

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

Who buys my oilOil price check

480 acres on the newest permit

An allocation well is on this lease

Permits for Rab 22X
API numberWell no.Acreson the permit
42-329-457854HM480

SourceRailroad Commission drilling permits, Sep 26, 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 RAB 22X
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202686586626,36025,797330$80.46$2.89
Jun 202693394167,43766,815328$84.81$3.15
May 20261,0491,05674,46974,044119$102.13$2.94
Apr 20261,0841,07539,38038,918143$100.32$2.77
Mar 20261,1491,15641,36840,274766$91.38$3.04
Feb 20261,1701,19239,38438,426668$64.51$3.62
Jan 20261,4471,51039,85433,1456,338$60.04$7.72
Dec 20251,4821,39439,92039,5411$57.97$4.26
Nov 20251,3111,32344,94444,124455$60.06$3.79
Oct 20251,4511,44842,75642,010393$60.89$3.19
Sep 20251,5721,55942,81442,366107$63.96$2.97
Aug 20251,3911,40640,36940,01824$64.86$2.91
Jul 20251,6601,64142,10941,502272$68.39$3.20
Jun 20251,6491,65835,71334,883527$68.17$3.02
May 20251,6571,65535,04334,579165$62.17$3.12
Apr 20251,6011,64838,17234,8612,985$63.54$3.42
Mar 20252,0031,96842,52838,6283,592$68.24$4.12
Feb 20251,9842,04236,05932,8262,938$71.53$4.19
Jan 20252,2372,16938,91936,6371,938$75.74$4.13
Dec 20242,0992,13046,04042,9412,728$70.12$3.01
Nov 20242,2412,24544,08643,7100$69.95$2.12
Oct 20242,5812,55245,67345,2720$71.99$2.20
Sep 20242,4962,50040,39340,0660$70.24$2.28
Aug 20242,6682,66642,56942,17548$76.68$1.99
Jul 20242,7002,69740,28939,662289$81.80$2.07
Jun 20242,2692,27633,22932,9450$79.77$2.54
May 20242,6232,61141,15236,0724,754$80.02$2.12
Apr 20241,2161,22216,29114,9961,099$85.35$1.60
Mar 20243,0683,06535,55033,9621,183$81.28$1.49
Feb 20243,0373,03529,34328,9200$77.25$1.72
Jan 20243,2783,28028,33627,599286$74.15$3.18
Dec 20233,7713,83330,57229,805313$71.90$2.52
Nov 20233,9403,88835,26834,594186$77.69$2.71
Oct 20234,1924,19038,31937,304513$85.64$2.98
Sep 20234,3264,33236,06335,50190$89.43$2.64
Aug 20234,6444,63838,69638,087112$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMidland County

Ovintiv USA Inc. in Midland County

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Spraberry (Trend Area) field

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