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Texas oil lease

Producing

SNELL '43A'

Snell '43A' is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

746bbl oil, last 12 months−19% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-45278

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for SNELL '43A', Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 746 bbl in the 12 months through Jul 2026, against 918 bbl in the 12 months before.Last 12 months: 746 bblbbl per monthmcf per month0025205040756010080125100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for SNELL '43A', Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 746 bbl in the 12 months through Jul 2026, against 918 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025205040756010080125100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 3 months reported

All of the gas went to a processing plant in the 3 months reportedShare of SNELL '43A' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 3 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the 3 months reportedShare of SNELL '43A' gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 3 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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 SNELL '43A'
API numberWell no.Status
42-317-389611Active

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–
Lion Oil Trading & Trans, LLCOilGathers100May 1, 2020Nov 1, 2020
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 7, 2014May 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 7, 2014May 1, 2020
Plains Marketing, L.p.OilGathers100Mar 7, 2014May 1, 2020

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

Who buys my oilOil price check

80 acres on the newest permit

Permits for Snell '43A'
API numberWell no.Acreson the permit
42-317-38961180

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 SNELL '43A'
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA00000$80.46$2.89
Jun 2026Ovintiv USA47178000$84.81$3.15
May 2026Ovintiv USA880000$102.13$2.94
Apr 2026Ovintiv USA60000$100.32$2.77
Mar 2026Ovintiv USA79167000$91.38$3.04
Feb 2026Ovintiv USA530000$64.51$3.62
Jan 2026Ovintiv USA800000$60.04$7.72
Dec 2025Ovintiv USA81178000$57.97$4.26
Nov 2025Ovintiv USA470000$60.06$3.79
Oct 2025Ovintiv USA76185000$60.89$3.19
Sep 2025Ovintiv USA1140000$63.96$2.97
Aug 2025Ovintiv USA75170000$64.86$2.91
Jul 2025Ovintiv USA750000$68.39$3.20
Jun 2025Ovintiv USA72176000$68.17$3.02
May 2025Ovintiv USA770000$62.17$3.12
Apr 2025Ovintiv USA750000$63.54$3.42
Mar 2025Ovintiv USA81172000$68.24$4.12
Feb 2025Ovintiv USA950000$71.53$4.19
Jan 2025Ovintiv USA72177000$75.74$4.13
Dec 2024Ovintiv USA710000$70.12$3.01
Nov 2024Ovintiv USA720000$69.95$2.12
Oct 2024Ovintiv USA82182000$71.99$2.20
Sep 2024Ovintiv USA700000$70.24$2.28
Aug 2024Ovintiv USA76184000$76.68$1.99
Jul 2024Ovintiv USA740000$81.80$2.07
Jun 2024Ovintiv USA84179000$79.77$2.54
May 2024Ovintiv USA80182000$80.02$2.12
Apr 2024Ovintiv USA750000$85.35$1.60
Mar 2024Ovintiv USA80031310$81.28$1.49
Feb 2024Ovintiv USA7418838380$77.25$1.72
Jan 2024Ovintiv USA950000$74.15$3.18
Dec 2023Ovintiv USA83187000$71.90$2.52
Nov 2023Ovintiv USA83086860$77.69$2.71
Oct 2023Ovintiv USA830000$85.64$2.98
Sep 2023Ovintiv USA81178000$89.43$2.64
Aug 2023Ovintiv USA750000$81.39$2.58

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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