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Texas oil lease

Producing

SXSW W UNIT B

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

3 wells

78,264bbl oil, last 12 months−12% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-57657

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
350,023 mcf
Oil in Jul 2026
5,858 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for SXSW W UNIT B, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 78,264 bbl in the 12 months through Jul 2026, against 88,727 bbl in the 12 months before.Last 12 months: 78,264 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for SXSW W UNIT B, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 78,264 bbl in the 12 months through Jul 2026, against 88,727 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 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 24.0% of the gas in Aug 2023.

  • 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 SXSW W UNIT B 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 24.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 24.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of SXSW W UNIT B 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 24.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 24.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 278,760 mcf

  • Transmission line (2)

    18% · 63,572 mcf

  • Flared (4)

    2.2% · 7,691 mcf

2.2% of the gas flared in the last 12 months. 16 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, Jun 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJun 2022 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jun 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJun 2022 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 SXSW W UNIT B
API numberWell no.Status
42-317-437462WAActive
42-317-437482LSActive
42-317-437491WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers95May 1, 2024–
Plains Marketing, L.p.OilGathers5May 1, 2024–
Wtg Gas Processing, LLCCasinghead gasBuys100Oct 23, 2021–
Wtg Gas Processing, LLCCasinghead gasGathers100Oct 23, 2021–
Dk Trading & Supply, LLCOilGathers100Oct 23, 2021May 1, 2024

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

Who buys my oilOil price check

849.12 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Sxsw W Unit B
API numberWell no.Acreson the permit
42-317-437462WA849.12
42-317-437482LS849.12
42-317-437491WB849.12

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 SXSW W UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA5,8585,85359,95258,1891,763$80.46$2.89
Jun 2026Ovintiv USA5,8195,82429,99428,0661,928$84.81$3.15
May 2026Ovintiv USA5,9195,94335,85535,506349$102.13$2.94
Apr 2026Ovintiv USA8,0178,01539,69339,65538$100.32$2.77
Mar 2026Ovintiv USA8,9668,96337,49637,44254$91.38$3.04
Feb 2026Ovintiv USA7,1937,19029,46829,39375$64.51$3.62
Jan 2026Ovintiv USA7,1137,10528,34926,0432,306$60.04$7.72
Dec 2025Ovintiv USA6,4286,43022,16822,008160$57.97$4.26
Nov 2025Ovintiv USA5,3055,29914,61614,59224$60.06$3.79
Oct 2025Ovintiv USA4,6214,62410,6799,728951$60.89$3.19
Sep 2025Ovintiv USA5,4125,41917,51517,49619$63.96$2.97
Aug 2025Ovintiv USA7,6137,60324,23824,21424$64.86$2.91
Jul 2025Ovintiv USA5,6265,63818,22018,20020$68.39$3.20
Jun 2025Ovintiv USA7,1147,10726,30826,25256$68.17$3.02
May 2025Ovintiv USA6,9166,91315,69615,574122$62.17$3.12
Apr 2025Ovintiv USA6,6576,65411,47911,326153$63.54$3.42
Mar 2025Ovintiv USA6,3566,35912,85711,2711,586$68.24$4.12
Feb 2025Ovintiv USA5,4155,41514,04414,01430$71.53$4.19
Jan 2025Ovintiv USA6,8866,88916,65016,247403$75.74$4.13
Dec 2024Ovintiv USA9,1709,17417,81717,055762$70.12$3.01
Nov 2024Ovintiv USA8,0908,08816,14016,11723$69.95$2.12
Oct 2024Ovintiv USA9,8329,83719,18416,9162,268$71.99$2.20
Sep 2024Ovintiv USA8,8748,86717,24017,17169$70.24$2.28
Aug 2024Ovintiv USA7,7917,79618,27718,140137$76.68$1.99
Jul 2024Ovintiv USA11,25711,25625,73224,770962$81.80$2.07
Jun 2024Ovintiv USA9,8259,82116,35315,881472$79.77$2.54
May 2024Ovintiv USA8,5198,51620,37115,5744,797$80.02$2.12
Apr 2024Ovintiv USA11,25211,23713,33112,1751,156$85.35$1.60
Mar 2024Ovintiv USA12,56312,56315,07914,781298$81.28$1.49
Feb 2024Ovintiv USA12,05012,07314,46012,6151,845$77.25$1.72
Jan 2024Ovintiv USA9,7839,7715,9015,532369$74.15$3.18
Dec 2023Ovintiv USA11,10111,09912,70010,2072,493$71.90$2.52
Nov 2023Ovintiv USA8,9758,9745,9925,257735$77.69$2.71
Oct 2023Ovintiv USA10,36710,36917,74014,6193,121$85.64$2.98
Sep 2023Ovintiv USA11,30111,30618,38617,0441,342$89.43$2.64
Aug 2023Ovintiv USA12,92112,92322,43417,0545,380$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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