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Texas oil lease

Producing

STEVIE RAY E UNIT

Stevie Ray E Unit is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

81,492bbl oil, last 12 months−3% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-56627

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
388,294 mcf
Oil in Jul 2026
5,240 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for STEVIE RAY E UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 81,492 bbl in the 12 months through Jul 2026, against 83,733 bbl in the 12 months before.Last 12 months: 81,492 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for STEVIE RAY E UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 81,492 bbl in the 12 months through Jul 2026, against 83,733 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, 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 26.8% of the gas in Apr 2024.

  • 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 STEVIE RAY E UNIT 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 26.8% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 26.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of STEVIE RAY E UNIT 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 26.8% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 26.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 310,782 mcf

  • Transmission line (2)

    19% · 72,637 mcf

  • Flared (4)

    1.3% · 4,875 mcf

1.3% of the gas flared in the last 12 months. 8 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, Sep 2021 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 202620222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCSep 2021 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Sep 2021 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 202620222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCSep 2021 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on STEVIE RAY E UNIT
API numberWell no.Status
42-317-434111WAActive
42-317-434122LSActive
42-317-434133LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Aug 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Energy Transfer Marketing & TermCasinghead gasBuys100Mar 1, 2025Mar 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 18, 2021Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 18, 2021Aug 1, 2024
Lion Oil Trading & Trans, LLCOilGathers100Sep 18, 2021Aug 1, 2024

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

Who buys my oilOil price check

640 acres on the newest permit

Permits for Stevie Ray E Unit
API numberWell no.Acreson the permit
42-317-434111WA640
42-317-434122LS640
42-317-434133LS640

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 STEVIE RAY E UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA5,2405,26543,37143,261110$80.46$2.89
Jun 2026Ovintiv USA6,2896,27236,81136,605206$84.81$3.15
May 2026Ovintiv USA5,9575,95836,19736,032165$102.13$2.94
Apr 2026Ovintiv USA5,1245,13028,46828,351117$100.32$2.77
Mar 2026Ovintiv USA6,2256,21533,56933,47594$91.38$3.04
Feb 2026Ovintiv USA4,6694,67123,82322,0581,765$64.51$3.62
Jan 2026Ovintiv USA4,2074,22824,89924,402497$60.04$7.72
Dec 2025Ovintiv USA6,6456,64329,20029,11090$57.97$4.26
Nov 2025Ovintiv USA8,1268,13934,14533,936209$60.06$3.79
Oct 2025Ovintiv USA9,6069,59135,50734,2121,295$60.89$3.19
Sep 2025Ovintiv USA8,1258,13628,31728,171146$63.96$2.97
Aug 2025Ovintiv USA11,27911,28433,98733,806181$64.86$2.91
Jul 2025Ovintiv USA11,60411,56936,26135,506755$68.39$3.20
Jun 2025Ovintiv USA3,6513,65712,27012,17397$68.17$3.02
May 2025Ovintiv USA6,1086,09918,83218,73498$62.17$3.12
Apr 2025Ovintiv USA5,0645,06317,31417,26648$63.54$3.42
Mar 2025Ovintiv USA7,2387,27816,23116,126105$68.24$4.12
Feb 2025Ovintiv USA7,4647,46716,43916,40336$71.53$4.19
Jan 2025Ovintiv USA8,0217,99216,09316,06330$75.74$4.13
Dec 2024Ovintiv USA6,9046,90914,97314,91063$70.12$3.01
Nov 2024Ovintiv USA6,7796,76914,73414,630104$69.95$2.12
Oct 2024Ovintiv USA7,5587,54214,48114,086395$71.99$2.20
Sep 2024Ovintiv USA6,6616,67411,92611,89432$70.24$2.28
Aug 2024Ovintiv USA6,6816,67412,04111,96378$76.68$1.99
Jul 2024Ovintiv USA6,5586,53511,07510,424651$81.80$2.07
Jun 2024Ovintiv USA3,0163,0155,4154,977438$79.77$2.54
May 2024Ovintiv USA3,3283,3444,9864,606380$80.02$2.12
Apr 2024Ovintiv USA6,1306,1374,5033,2961,207$85.35$1.60
Mar 2024Ovintiv USA8,1428,161000$81.28$1.49
Feb 2024Ovintiv USA8,5868,56811,51211,328184$77.25$1.72
Jan 2024Ovintiv USA7,6607,6378,1708,07595$74.15$3.18
Dec 2023Ovintiv USA4,8404,8577,5706,0711,499$71.90$2.52
Nov 2023Ovintiv USA7,9807,9725,5615,5565$77.69$2.71
Oct 2023Ovintiv USA7,9777,9688,7198,68633$85.64$2.98
Sep 2023Ovintiv USA9,3669,38313,64413,55193$89.43$2.64
Aug 2023Ovintiv USA11,72411,72614,78214,294488$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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