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Producing

STEVIE RAY W UNIT

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

5 wells

136,679bbl oil, last 12 months−18% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58935

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
338,319 mcf
Oil in Jul 2026
12,086 bbl

Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for STEVIE RAY W UNIT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 136,679 bbl in the 12 months through Jul 2026, against 167,040 bbl in the 12 months before.Last 12 months: 136,679 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for STEVIE RAY W UNIT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 136,679 bbl in the 12 months through Jul 2026, against 167,040 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100kJan 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 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 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 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 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)

    81% · 272,595 mcf

  • Transmission line (2)

    18% · 60,308 mcf

  • Flared (4)

    1.6% · 5,416 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.

5 wells on this lease

Wells on STEVIE RAY W UNIT
API numberWell no.Status
42-317-440871LSActive
42-317-440881WDActive
42-317-440891WAActive
42-317-440902LSActive
42-317-440912WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Dec 1, 2022
Wtg Gas Processing, LLCCasinghead gasBuys100Dec 1, 2022
Wtg Gas Processing, LLCCasinghead gasGathers100Dec 1, 2022

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

Who buys my oilOil price check

800 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 Stevie Ray W Unit
API numberWell no.Acreson the permit
42-317-440871LS800
42-317-440881WD800
42-317-440891WA800
42-317-440902LS800
42-317-440912WA800

SourceRailroad Commission drilling permits, Oct 3, 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 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA12,08612,09933,25633,17284$80.46$2.89
Jun 2026Ovintiv USA9,9009,87331,58831,393195$84.81$3.15
May 2026Ovintiv USA9,6679,68429,04528,915130$102.13$2.94
Apr 2026Ovintiv USA9,9699,98233,91433,82688$100.32$2.77
Mar 2026Ovintiv USA12,17212,16729,38829,32266$91.38$3.04
Feb 2026Ovintiv USA10,62610,65823,49723,087410$64.51$3.62
Jan 2026Ovintiv USA11,68411,67525,54125,087454$60.04$7.72
Dec 2025Ovintiv USA12,18912,15126,63026,55476$57.97$4.26
Nov 2025Ovintiv USA10,69210,71725,13024,976154$60.06$3.79
Oct 2025Ovintiv USA13,75313,74932,17428,7133,461$60.89$3.19
Sep 2025Ovintiv USA13,74513,70427,00026,847153$63.96$2.97
Aug 2025Ovintiv USA10,19610,19821,15621,011145$64.86$2.91
Jul 2025Ovintiv USA10,27410,37619,15718,556601$68.39$3.20
Jun 2025Ovintiv USA13,68013,59324,95724,736221$68.17$3.02
May 2025Ovintiv USA10,19010,19921,52821,400128$62.17$3.12
Apr 2025Ovintiv USA11,18011,16921,44518,6932,752$63.54$3.42
Mar 2025Ovintiv USA14,47914,56029,55429,343211$68.24$4.12
Feb 2025Ovintiv USA14,90614,87931,60231,52082$71.53$4.19
Jan 2025Ovintiv USA13,16813,15627,56427,50658$75.74$4.13
Dec 2024Ovintiv USA15,26115,25131,39626,2015,195$70.12$3.01
Nov 2024Ovintiv USA12,80412,79530,45530,256199$69.95$2.12
Oct 2024Ovintiv USA15,64015,63637,04736,708339$71.99$2.20
Sep 2024Ovintiv USA19,85819,86838,75838,588170$70.24$2.28
Aug 2024Ovintiv USA15,60015,57934,58134,215366$76.68$1.99
Jul 2024Ovintiv USA14,99615,00925,02922,7252,304$81.80$2.07
Jun 2024Ovintiv USA17,56717,57932,26429,3542,910$79.77$2.54
May 2024Ovintiv USA21,81421,79253,84225,21028,632$80.02$2.12
Apr 2024Ovintiv USA17,44317,46930,24825,5814,667$85.35$1.60
Mar 2024Ovintiv USA25,10025,187000$81.28$1.49
Feb 2024Ovintiv USA30,16530,12651,89450,5891,305$77.25$1.72
Jan 2024Ovintiv USA31,33231,25555,70055,181519$74.15$3.18
Dec 2023Ovintiv USA24,42124,46866,23141,33924,892$71.90$2.52
Nov 2023Ovintiv USA31,90431,88070,94868,1032,845$77.69$2.71
Oct 2023Ovintiv USA35,36335,32081,56574,1267,439$85.64$2.98
Sep 2023Ovintiv USA37,15937,20278,86977,953916$89.43$2.64
Aug 2023Ovintiv USA38,94438,97287,78769,53518,252$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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