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Texas oil lease

Producing

TEXAS UNIV.-TT

Texas Univ.-TT is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Magutex (Devonian) field.

Oil lease dossier

282bbl oil, last 12 months−53% vs prior year
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Magutex (Devonian)
RRC lease
08-36829

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
136 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for TEXAS UNIV.-TT, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 282 bbl in the 12 months through Jul 2026, against 604 bbl in the 12 months before.Last 12 months: 282 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for TEXAS UNIV.-TT, Aug 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 282 bbl in the 12 months through Jul 2026, against 604 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 100.0% of the gas in Jan 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since May 2026 the lease's gas goes to a transmission line instead of a processing plantShare of TEXAS UNIV.-TT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: plant to lineFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a transmission line instead of a processing plantShare of TEXAS UNIV.-TT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in Jan 2024.Share of gas by disposition code0%50%100%May 26: plant to lineFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    84% · 126 mcf

  • Transmission line (2)

    16% · 24 mcf

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Sep 1, 2025–
Eastex Crude Company, LLCOilGathers50Dec 1, 2023Sep 1, 2025
Shell Trading (Us) CompanyOilGathers50Dec 1, 2023Sep 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Dec 1, 2023
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2022Dec 1, 2023
Sentinel Transportation, LLCOilGathers100Feb 1, 2022Aug 1, 2022

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

Who buys my oilOil price check

2,583.96 acres on the newest permit

Check your decimal on this lease
Permits for Texas Univ.-TT
API numberWell no.Acreson the permit
42-003-04697192,583.96
42-003-0458420–

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 TEXAS UNIV.-TT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA020000$80.46$2.89
Jun 2026Ovintiv USA12010100$84.81$3.15
May 2026Ovintiv USA261714140$102.13$2.94
Apr 2026Ovintiv USA1614550$100.32$2.77
Mar 2026Ovintiv USA194510100$91.38$3.04
Feb 2026Ovintiv USA624020200$64.51$3.62
Jan 2026Ovintiv USA1224440$60.04$7.72
Dec 2025Ovintiv USA464616160$57.97$4.26
Nov 2025Ovintiv USA434514140$60.06$3.79
Oct 2025Ovintiv USA211212120$60.89$3.19
Sep 2025Ovintiv USA181118180$63.96$2.97
Aug 2025Ovintiv USA7513130$64.86$2.91
Jul 2025Ovintiv USA81214140$68.39$3.20
Jun 2025Ovintiv USA42990$68.17$3.02
May 2025Ovintiv USA10912120$62.17$3.12
Apr 2025Ovintiv USA814330$63.54$3.42
Mar 2025Ovintiv USA1848550$68.24$4.12
Feb 2025Ovintiv USA778518180$71.53$4.19
Jan 2025Ovintiv USA11713318180$75.74$4.13
Dec 2024Ovintiv USA11094000$70.12$3.01
Nov 2024Ovintiv USA1087311110$69.95$2.12
Oct 2024Ovintiv USA00000$71.99$2.20
Sep 2024Ovintiv USA678611110$70.24$2.28
Aug 2024Ovintiv USA7710049490$76.68$1.99
Jul 2024Ovintiv USA996943430$81.80$2.07
Jun 2024Ovintiv USA10512055478$79.77$2.54
May 2024Ovintiv USA10377891376$80.02$2.12
Apr 2024Ovintiv USA888815132$85.35$1.60
Mar 2024Ovintiv USA594729029$81.28$1.49
Feb 2024Ovintiv USA323420020$77.25$1.72
Jan 2024Ovintiv USA25263590359$74.15$3.18
Dec 2023Ovintiv USA3533275122153$71.90$2.52
Nov 2023Ovintiv USA323428262$77.69$2.71
Oct 2023Ovintiv USA213026224$85.64$2.98
Sep 2023Ovintiv USA858099990$89.43$2.64
Aug 2023Ovintiv USA4738351718$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.FieldMagutex (Devonian)CountyAndrews County

Ovintiv USA Inc. in Andrews County

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Magutex (Devonian) field

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New drilling permits in Andrews County

Newest in the county: this lease has no coordinates.