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Texas oil lease

Producing

SALT LICK B

Salt Lick B is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

12,890bbl oil, last 12 months−21% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58673

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
20,241 mcf
Oil in Jul 2026
1,192 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for SALT LICK B, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 12,890 bbl in the 12 months through Jul 2026, against 16,339 bbl in the 12 months before.Last 12 months: 12,890 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for SALT LICK B, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 12,890 bbl in the 12 months through Jul 2026, against 16,339 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 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 47.6% of the gas in Jul 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of SALT LICK B 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 47.6% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 47.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of SALT LICK B 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 47.6% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 47.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    66% · 13,416 mcf

  • Transmission line (2)

    18% · 3,565 mcf

  • Flared (4)

    16% · 3,260 mcf

16.1% of the gas flared in the last 12 months. 14 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, Feb 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Petrolegacy Energy II, LLCFeb 2023 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Feb 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Petrolegacy Energy II, LLCFeb 2023 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 SALT LICK B
API numberWell no.Status
42-317-441302LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Jul 14, 2022
Wtg Gas Processing, LLCCasinghead gasBuys100Jul 14, 2022
Wtg Gas Processing, LLCCasinghead gasGathers100Jul 14, 2022

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

Who buys my oilOil price check

317.91 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Salt Lick B
API numberWell no.Acreson the permit
42-317-441302LS317.91

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 SALT LICK B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1,1921,1953,5921,8821,710$80.46$2.89
Jun 2026Ovintiv USA1,1661,1642,9601,8351,125$84.81$3.15
May 2026Ovintiv USA1,2271,2231,7361,7306$102.13$2.94
Apr 2026Ovintiv USA5935988818792$100.32$2.77
Mar 2026Ovintiv USA1,1891,1861,9801,9773$91.38$3.04
Feb 2026Ovintiv USA8518561,3741,040334$64.51$3.62
Jan 2026Ovintiv USA1,1281,1231,2721,22646$60.04$7.72
Dec 2025Ovintiv USA8148109849822$57.97$4.26
Nov 2025Ovintiv USA4394538508464$60.06$3.79
Oct 2025Ovintiv USA2,1612,1522,1962,18016$60.89$3.19
Sep 2025Ovintiv USA1,1441,1421,6111,6047$63.96$2.97
Aug 2025Ovintiv USA9869878058005$64.86$2.91
Jul 2025Ovintiv USA1,1451,14563612$68.39$3.20
Jun 2025Ovintiv USA6616651,2901,2819$68.17$3.02
May 2025Ovintiv USA1,4181,4181,7371,7307$62.17$3.12
Apr 2025Ovintiv USA1,4301,4251,2561,2542$63.54$3.42
Mar 2025Ovintiv USA1,2441,2451,2851,2778$68.24$4.12
Feb 2025Ovintiv USA7337441,2811,2792$71.53$4.19
Jan 2025Ovintiv USA1,7601,7582,6752,6723$75.74$4.13
Dec 2024Ovintiv USA2,0742,0763,8293,81415$70.12$3.01
Nov 2024Ovintiv USA2,0372,0223,4173,40017$69.95$2.12
Oct 2024Ovintiv USA59159570666442$71.99$2.20
Sep 2024Ovintiv USA1,5751,5791,8711,8665$70.24$2.28
Aug 2024Ovintiv USA1,6711,6702,3102,29218$76.68$1.99
Jul 2024Ovintiv USA1,8531,8543,1452,908237$81.80$2.07
Jun 2024Ovintiv USA2,0622,0632,9002,668232$79.77$2.54
May 2024Ovintiv USA2,3832,3813,8342,4761,358$80.02$2.12
Apr 2024Ovintiv USA1,9561,9591,385783602$85.35$1.60
Mar 2024Ovintiv USA2,8542,852000$81.28$1.49
Feb 2024Ovintiv USA1,7611,760281173108$77.25$1.72
Jan 2024Ovintiv USA2,1242,1251,8811,86714$74.15$3.18
Dec 2023Ovintiv USA3,1113,1123,7022,4111,291$71.90$2.52
Nov 2023Ovintiv USA3,0323,0314,8774,83740$77.69$2.71
Oct 2023Ovintiv USA3,6053,5976,6685,6491,019$85.64$2.98
Sep 2023Ovintiv USA2,2462,2561,9081,88919$89.43$2.64
Aug 2023Ovintiv USA4,5954,5995,6755,361314$81.39$2.58

Flared above 3%

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