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SNEED 7

Sneed 7 is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

686bbl oil, last 12 months−67% vs prior year
RRC lease
08-44147

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
2,701 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 67% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 67% over the last 12 monthsMonthly oil production and gas for SNEED 7, Aug 2023 to Jul 2026. Oil output fell 67% over the last 12 months. 686 bbl in the 12 months through Jul 2026, against 2,091 bbl in the 12 months before.Last 12 months: 686 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 67% over the last 12 monthsMonthly oil production and gas for SNEED 7, Aug 2023 to Jul 2026. Oil output fell 67% over the last 12 months. 686 bbl in the 12 months through Jul 2026, against 2,091 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a processing plant in the last 12 months

Flaring peaked at 26.7% of the gas in Jun 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
90% of the gas went to a processing plant in the last 12 monthsShare of SNEED 7 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 26.7% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a processing plant in the last 12 monthsShare of SNEED 7 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 26.7% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 26.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 6,564 mcf

  • Lease fuel (1)

    7.4% · 537 mcf

  • Flared (4)

    2.6% · 186 mcf

2.6% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SNEED 7
API numberWell no.Status
42-227-373951Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Mar 1, 2023–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022Mar 1, 2023
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022Mar 1, 2023
Ngl Crude Logistics, LLCOilGathers100Sep 1, 2014Mar 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Jun 1, 2017May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Jun 1, 2017May 1, 2022

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

120 acres on the newest permit

Permits for Sneed 7
API numberWell no.Acreson the permit
42-227-373951120

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 SNEED 7
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA00000$80.46$2.89
Jun 2026Ovintiv USA00000$84.81$3.15
May 2026Ovintiv USA00000$102.13$2.94
Apr 2026Ovintiv USA00000$100.32$2.77
Mar 2026Ovintiv USA00000$91.38$3.04
Feb 2026Ovintiv USA084000$64.51$3.62
Jan 2026Ovintiv USA1791784974530$60.04$7.72
Dec 2025Ovintiv USA00000$57.97$4.26
Nov 2025Ovintiv USA120965234770$60.06$3.79
Oct 2025Ovintiv USA1371875885410$60.89$3.19
Sep 2025Ovintiv USA128935515060$63.96$2.97
Aug 2025Ovintiv USA122855424914$64.86$2.91
Jul 2025Ovintiv USA1471706486010$68.39$3.20
Jun 2025Ovintiv USA152177671445179$68.17$3.02
May 2025Ovintiv USA1732546566090$62.17$3.12
Apr 2025Ovintiv USA191957006523$63.54$3.42
Mar 2025Ovintiv USA2122777256780$68.24$4.12
Feb 2025Ovintiv USA2091586636210$71.53$4.19
Jan 2025Ovintiv USA1631655234900$75.74$4.13
Dec 2024Ovintiv USA2041716736290$70.12$3.01
Nov 2024Ovintiv USA2142471,2361,1910$69.95$2.12
Oct 2024Ovintiv USA124801,7271,60872$71.99$2.20
Sep 2024Ovintiv USA1471362,4952,38660$70.24$2.28
Aug 2024Ovintiv USA1551601,7141,6820$76.68$1.99
Jul 2024Ovintiv USA2002331,9101,83148$81.80$2.07
Jun 2024Ovintiv USA1871831,8391,79910$79.77$2.54
May 2024Ovintiv USA3543851,6961,6650$80.02$2.12
Apr 2024Ovintiv USA3102781,7261,6950$85.35$1.60
Mar 2024Ovintiv USA3213171,6861,6550$81.28$1.49
Feb 2024Ovintiv USA12411881876427$77.25$1.72
Jan 2024Ovintiv USA67548978640$74.15$3.18
Dec 2023Ovintiv USA1791621,5131,4739$71.90$2.52
Nov 2023Ovintiv USA1491521,1121,06528$77.69$2.71
Oct 2023Ovintiv USA1831989669396$85.64$2.98
Sep 2023Ovintiv USA1631426546360$89.43$2.64
Aug 2023Ovintiv USA1421434954780$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

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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