Skip to content

Texas oil lease · RRC district 7C · Lease 21730

Producing

RAB 34E

Rab 34E is an oil lease in Upton County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field. The Railroad Commission shows 74,371 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

74,371bbl oil, last 12 months−9% vs prior year
RRC lease
7C-21730

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County · RRC district 7COpen Upton County →
Gas, last 12 months
193,589 mcf
Oil in Jul 2026
3,510 bbl
Reporting to the state
since Jun 2022
Wells
1

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 9% over the last 12 months

74,371 bbl in the 12 months through Jul 2026, against 82,157 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for RAB 34E, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 74,371 bbl in the 12 months through Jul 2026, against 82,157 bbl in the 12 months before.Last 12 months: 74,371 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for RAB 34E, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 74,371 bbl in the 12 months through Jul 2026, against 82,157 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 21730, district 7C. 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. 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 34E 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. 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 34E 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. 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, gas disposition by code, lease 21730, district 7C. 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.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 2.9% of the gas was flared. 12 months went above 3%, which we mark in the ledger below.

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.

Ovintiv USA Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeOvintiv USA Inc., Jun 2022 to Jul 20262023202420252026Ovintiv USA Inc.Jun 2022 to nowthrough Jul 2026
Operators of this lease over timeOvintiv USA Inc., Jun 2022 to Jul 20262023202420252026Ovintiv USA Inc.Jun 2022 to nowthrough Jul 2026

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

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 21730 in district 7C. The API number is the state’s ID for a well.
Wells on RAB 34E
API numberWell no.Status
42-461-419825HDShut-in

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 21730.

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

    Medallion Operating Company, LLC gathers it.

    100% of it, on the list since Jun 4, 2022

  • Gas from oil wells

    Energy Transfer Company buys and gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since Jun 4, 2022 · Energy Transfer Company gathers it: 100% of it, on the list since Jun 4, 2022

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.

Unit and wells

600 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
11 not plugged
Horizontal
1
First completion
Jun 4, 2022
Latest permit
Dec 10, 2021

An allocation well is on this lease

A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Wells and acres on the permits for Rab 34E
API numberWell no.Acreson the permit
42-461-419825HD600

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.

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.

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 RAB 34E 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 RAB 34E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ovintiv USA3,5103,5294,8594,79539$80.46$2.89
Jun 2026Ovintiv USA5,1685,18324,18023,987128$84.81$3.15
May 2026Ovintiv USA7,0507,04630,36130,129160$102.13$2.94
Apr 2026Ovintiv USA6,4676,45516,54216,124344$100.32$2.77
Mar 2026Ovintiv USA6,6706,67416,93016,236616$91.38$3.04
Feb 2026Ovintiv USA7,0277,15114,17513,0451,053$64.51$3.62
Jan 2026Ovintiv USA6,9417,23615,10912,0023,012$60.04$7.72
Dec 2025Ovintiv USA8,1637,74417,19617,0886$57.97$4.26
Nov 2025Ovintiv USA6,4376,43115,30115,16659$60.06$3.79
Oct 2025Ovintiv USA5,8135,81412,46912,289119$60.89$3.19
Sep 2025Ovintiv USA5,6535,63911,58611,51211$63.96$2.97
Aug 2025Ovintiv USA5,4725,52014,88114,79910$64.86$2.91
Jul 2025Ovintiv USA5,3645,32010,96410,792121$68.39$3.20
Jun 2025Ovintiv USA6,4876,48817,50617,205214$68.17$3.02
May 2025Ovintiv USA7,0947,10117,39217,171139$62.17$3.12
Apr 2025Ovintiv USA5,5625,53810,89510,714129$63.54$3.42
Mar 2025Ovintiv USA5,2435,27317,42017,215115$68.24$4.12
Feb 2025Ovintiv USA5,6055,60514,12112,6641,377$71.53$4.19
Jan 2025Ovintiv USA7,0407,02717,77014,8902,797$75.74$4.13
Dec 2024Ovintiv USA7,2417,25018,98517,6581,234$70.12$3.01
Nov 2024Ovintiv USA7,6607,67418,16717,946140$69.95$2.12
Oct 2024Ovintiv USA8,7188,69323,53522,2721,153$71.99$2.20
Sep 2024Ovintiv USA7,7287,75020,09019,062929$70.24$2.28
Aug 2024Ovintiv USA8,4158,40020,88516,1834,597$76.68$1.99
Jul 2024Ovintiv USA8,4498,50621,24518,8052,358$81.80$2.07
Jun 2024Ovintiv USA8,5338,59619,67817,8651,740$79.77$2.54
May 2024Ovintiv USA8,5718,45821,44316,6904,666$80.02$2.12
Apr 2024Ovintiv USA9,4049,41622,49121,846559$85.35$1.60
Mar 2024Ovintiv USA10,95610,93825,71325,54482$81.28$1.49
Feb 2024Ovintiv USA8,3978,39218,61918,270282$77.25$1.72
Jan 2024Ovintiv USA10,52910,54220,70520,60715$74.15$3.18
Dec 2023Ovintiv USA10,55510,57420,35520,23836$71.90$2.52
Nov 2023Ovintiv USA10,92110,97321,18021,04751$77.69$2.71
Oct 2023Ovintiv USA12,04311,96222,50922,120310$85.64$2.98
Sep 2023Ovintiv USA11,78211,77422,23222,13421$89.43$2.64
Aug 2023Ovintiv USA12,26312,27220,62320,5456$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).

Check your statements

Do your checks match this lease?

Upload your statements for RAB 34E. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Ovintiv USA Inc.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

Ovintiv USA Inc. in Upton County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • RAB 34D

    50,914 bbl last 12 months · 0 km away

  • RAB 34C

    54,823 bbl last 12 months · 0 km away

  • RAB 34B

    40,175 bbl last 12 months · 0.1 km away

  • R.A.B. DAVIDSON

    2,147 bbl last 12 months · 0.1 km away

  • DAVIDSON 34D

    63,124 bbl last 12 months · 0.2 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 21730, district 7C, 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.