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Texas oil lease

Producing

RAB 34C

Rab 34C is an oil lease in Upton County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

54,823bbl oil, last 12 months−37% vs prior year
Operator
Ovintiv USA Inc.
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-21739

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
348,671 mcf
Oil in Jul 2026
2,388 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for RAB 34C, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 54,823 bbl in the 12 months through Jul 2026, against 86,341 bbl in the 12 months before.Last 12 months: 54,823 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for RAB 34C, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 54,823 bbl in the 12 months through Jul 2026, against 86,341 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 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 22.0% of the gas in Aug 2024.

  • 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 34C 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 22.0% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 22.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of RAB 34C 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 22.0% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 22.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 288,259 mcf

  • Transmission line (2)

    15% · 50,758 mcf

  • Flared (4)

    2.3% · 8,133 mcf

  • Lease fuel (1)

    0.4% · 1,521 mcf

2.3% of the gas flared in the last 12 months. 12 months above 3%.

2 wells on this lease

Wells on RAB 34C
API numberWell no.Status
42-461-419732HDShut-in
42-461-419743HDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 7, 2022
Energy Transfer CompanyCasinghead gasBuys100Jun 7, 2022
Energy Transfer CompanyCasinghead gasGathers100Jun 7, 2022

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

Who buys my oilOil price check

640 acres on the newest permit

An allocation well is on this lease

Permits for Rab 34C
API numberWell no.Acreson the permit
42-461-419732HD640
42-461-419743HD640

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 34C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,3882,42615,30915,107123$80.46$2.89
Jun 20265,0185,01447,69047,310253$84.81$3.15
May 20265,5065,47352,45952,059276$102.13$2.94
Apr 20262,9052,92826,92426,245559$100.32$2.77
Mar 20265,4145,40332,26330,9391,175$91.38$3.04
Feb 20264,5444,65118,27816,8221,357$64.51$3.62
Jan 20265,3875,47219,74915,6893,937$60.04$7.72
Dec 20253,9923,79316,87516,7706$57.97$4.26
Nov 20253,6063,62822,19021,99386$60.06$3.79
Oct 20255,2335,22832,87432,401312$60.89$3.19
Sep 20254,6934,70128,27328,09325$63.96$2.97
Aug 20256,1376,18035,78735,58924$64.86$2.91
Jul 20255,4975,42131,58331,088348$68.39$3.20
Jun 20253,6813,69423,26622,866285$68.17$3.02
May 20255,2335,27828,60328,240229$62.17$3.12
Apr 20257,1187,10335,27434,689416$63.54$3.42
Mar 20258,3468,36932,82332,436216$68.24$4.12
Feb 20257,1677,15532,09828,7873,129$71.53$4.19
Jan 20258,0107,98733,86628,3775,330$75.74$4.13
Dec 20247,4247,43532,56530,2912,116$70.12$3.01
Nov 20248,0138,01832,38431,990249$69.95$2.12
Oct 20248,1578,14137,27335,2741,827$71.99$2.20
Sep 20248,1268,15734,33032,5761,587$70.24$2.28
Aug 20249,5699,54737,23228,8508,195$76.68$1.99
Jul 20249,0379,11435,57931,4913,949$81.80$2.07
Jun 202410,14910,21737,04233,6303,274$79.77$2.54
May 20249,9219,78734,70227,0117,550$80.02$2.12
Apr 202410,37410,37434,71133,715864$85.35$1.60
Mar 202410,52810,52137,56737,319120$81.28$1.49
Feb 20249,3909,36730,38929,819460$77.25$1.72
Jan 20248,9989,03227,85027,71820$74.15$3.18
Dec 202311,95511,97134,58534,38761$71.90$2.52
Nov 202311,79811,86933,80733,59581$77.69$2.71
Oct 202314,17614,08840,40839,712555$85.64$2.98
Sep 202314,92214,91844,47844,28242$89.43$2.64
Aug 202316,73816,75144,59744,42813$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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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyUpton County

Ovintiv USA Inc. in Upton County

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Spraberry (Trend Area) field

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