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Producing

STEVIE RAY W ALLOCATION

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

1 well

30,394bbl oil, last 12 months−13% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59982

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
98,372 mcf
Oil in Jul 2026
2,831 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for STEVIE RAY W ALLOCATION, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 30,394 bbl in the 12 months through Jul 2026, against 34,831 bbl in the 12 months before.Last 12 months: 30,394 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for STEVIE RAY W ALLOCATION, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 30,394 bbl in the 12 months through Jul 2026, against 34,831 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 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 53.2% of the gas in May 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 W ALLOCATION 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 53.2% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 53.2%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 W ALLOCATION 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 53.2% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 53.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 83,413 mcf

  • Transmission line (2)

    14% · 13,358 mcf

  • Flared (4)

    1.6% · 1,601 mcf

1.6% of the gas flared in the last 12 months. 12 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, Dec 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262023202420252026Changed Jun 2023Petrolegacy Energy II, LLCDec 2022 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Dec 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262023202420252026Changed Jun 2023Petrolegacy Energy II, LLCDec 2022 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 STEVIE RAY W ALLOCATION
API numberWell no.Status
42-317-440923LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100Dec 1, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Jun 1, 2023–
Etc Gas Processing, LLCCasinghead gasBuys100Jun 1, 2023Mar 1, 2026
Wtg Gas Processing, LLCCasinghead gasGathers100Dec 1, 2022Jun 1, 2023
Wtg Gas Processing, LLCCasinghead gasBuys100Dec 1, 2022Jun 1, 2023

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

Who buys my oilOil price check

1,933.26 acres on the newest permit

An allocation well is on this lease

Permits for Stevie Ray W Allocation
API numberWell no.Acreson the permit
42-317-440923LS1,933.26

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 W ALLOCATION
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA2,8312,8369,0228,99923$80.46$2.89
Jun 2026Ovintiv USA2,5652,5576,2596,22138$84.81$3.15
May 2026Ovintiv USA2,4012,3937,1697,13732$102.13$2.94
Apr 2026Ovintiv USA1,1371,1544,2414,23011$100.32$2.77
Mar 2026Ovintiv USA3,1633,16710,48710,46423$91.38$3.04
Feb 2026Ovintiv USA3,3033,29010,91010,719191$64.51$3.62
Jan 2026Ovintiv USA1,6521,6606,2576,144113$60.04$7.72
Dec 2025Ovintiv USA2,5562,5508,7768,75026$57.97$4.26
Nov 2025Ovintiv USA2,5552,5578,3748,32252$60.06$3.79
Oct 2025Ovintiv USA2,7282,7269,0608,081979$60.89$3.19
Sep 2025Ovintiv USA2,5962,5958,2478,20047$63.96$2.97
Aug 2025Ovintiv USA2,9072,9049,5709,50466$64.86$2.91
Jul 2025Ovintiv USA2,5312,5486,9386,720218$68.39$3.20
Jun 2025Ovintiv USA2,6992,6855,9355,88352$68.17$3.02
May 2025Ovintiv USA2,2932,2904,3014,27526$62.17$3.12
Apr 2025Ovintiv USA1,9821,9834,7994,181618$63.54$3.42
Mar 2025Ovintiv USA3,1913,1985,0895,05336$68.24$4.12
Feb 2025Ovintiv USA2,2832,2833,6033,5949$71.53$4.19
Jan 2025Ovintiv USA2,3262,3295,7315,71912$75.74$4.13
Dec 2024Ovintiv USA3,3293,3298,7327,2821,450$70.12$3.01
Nov 2024Ovintiv USA3,0653,0607,6357,58550$69.95$2.12
Oct 2024Ovintiv USA3,3923,3875,0384,99246$71.99$2.20
Sep 2024Ovintiv USA3,5023,5157,3407,30832$70.24$2.28
Aug 2024Ovintiv USA4,2384,2228,7858,69293$76.68$1.99
Jul 2024Ovintiv USA2,5132,5214,7034,269434$81.80$2.07
Jun 2024Ovintiv USA3,8153,8178,5807,806774$79.77$2.54
May 2024Ovintiv USA4,6584,6586,8413,2033,638$80.02$2.12
Apr 2024Ovintiv USA4,5674,5699,9978,4531,544$85.35$1.60
Mar 2024Ovintiv USA5,5285,53212,69312,62865$81.28$1.49
Feb 2024Ovintiv USA4,5774,5708,3358,125210$77.25$1.72
Jan 2024Ovintiv USA4,3844,3818,3698,29178$74.15$3.18
Dec 2023Ovintiv USA5,6045,61213,3678,3645,003$71.90$2.52
Nov 2023Ovintiv USA6,5936,58012,70312,198505$77.69$2.71
Oct 2023Ovintiv USA5,0055,0028,6557,876779$85.64$2.98
Sep 2023Ovintiv USA6,5336,54312,04011,900140$89.43$2.64
Aug 2023Ovintiv USA7,8707,88014,87911,7983,081$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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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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