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Texas oil lease

Producing

RICHARDS 44B POOLED UNIT

Richards 44B Pooled Unit is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

1,094bbl oil, last 12 months−26% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-45792

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
405 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for RICHARDS 44B POOLED UNIT, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 1,094 bbl in the 12 months through Jul 2026, against 1,487 bbl in the 12 months before.Last 12 months: 1,094 bblbbl per monthmcf per month00100252005030075400100500125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for RICHARDS 44B POOLED UNIT, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 1,094 bbl in the 12 months through Jul 2026, against 1,487 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100252005030075400100500125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2025.

All of the gas went to flaring in the last 12 monthsShare of RICHARDS 44B POOLED UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of RICHARDS 44B POOLED UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RICHARDS 44B POOLED UNIT
API numberWell no.Status
42-317-394381Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Nov 1, 2020–
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 1, 2019Nov 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 1, 2019Nov 1, 2020
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019Nov 1, 2020
Rio Energy International, Inc.OilGathers100Sep 1, 2018Dec 1, 2019

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

Who buys my oilOil price check

80.30 acres on the newest permit

Permits for Richards 44B Pooled Unit
API numberWell no.Acreson the permit
42-317-39438180.30

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 RICHARDS 44B POOLED UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA044000$80.46$2.89
Jun 2026Ovintiv USA180101$84.81$3.15
May 2026Ovintiv USA1447813013$102.13$2.94
Apr 2026Ovintiv USA49177909$100.32$2.77
Mar 2026Ovintiv USA1188232032$91.38$3.04
Feb 2026Ovintiv USA957542042$64.51$3.62
Jan 2026Ovintiv USA717632032$60.04$7.72
Dec 2025Ovintiv USA9511916016$57.97$4.26
Nov 2025Ovintiv USA13382505$60.06$3.79
Oct 2025Ovintiv USA1059126026$60.89$3.19
Sep 2025Ovintiv USA1362371100110$63.96$2.97
Aug 2025Ovintiv USA13001190119$64.86$2.91
Jul 2025Ovintiv USA7113380080$68.39$3.20
Jun 2025Ovintiv USA708035035$68.17$3.02
May 2025Ovintiv USA11490000$62.17$3.12
Apr 2025Ovintiv USA121266000$63.54$3.42
Mar 2025Ovintiv USA322322000$68.24$4.12
Feb 2025Ovintiv USA266175000$71.53$4.19
Jan 2025Ovintiv USA15799000$75.74$4.13
Dec 2024Ovintiv USA240000$70.12$3.01
Nov 2024Ovintiv USA60155000$69.95$2.12
Oct 2024Ovintiv USA93168000$71.99$2.20
Sep 2024Ovintiv USA1160000$70.24$2.28
Aug 2024Ovintiv USA73123000$76.68$1.99
Jul 2024Ovintiv USA540000$81.80$2.07
Jun 2024Ovintiv USA8989000$79.77$2.54
May 2024Ovintiv USA84112000$80.02$2.12
Apr 2024Ovintiv USA810000$85.35$1.60
Mar 2024Ovintiv USA40178000$81.28$1.49
Feb 2024Ovintiv USA810000$77.25$1.72
Jan 2024Ovintiv USA133120000$74.15$3.18
Dec 2023Ovintiv USA143247000$71.90$2.52
Nov 2023Ovintiv USA940000$77.69$2.71
Oct 2023Ovintiv USA142119000$85.64$2.98
Sep 2023Ovintiv USA15106000$89.43$2.64
Aug 2023Ovintiv USA224212000$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)CountyMartin County

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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