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Texas oil lease

Producing

TITO'S 31-42

Tito's 31-42 is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

7 wells

59,946bbl oil, last 12 months−42% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-53115

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
198,976 mcf
Oil in Jul 2026
7,615 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for TITO'S 31-42, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 59,946 bbl in the 12 months through Jul 2026, against 103,694 bbl in the 12 months before.Last 12 months: 59,946 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for TITO'S 31-42, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 59,946 bbl in the 12 months through Jul 2026, against 103,694 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 29.5% of the gas in May 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of TITO'S 31-42 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 29.5% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 29.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of TITO'S 31-42 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 29.5% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 29.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 158,667 mcf

  • Flared (4)

    13% · 25,782 mcf

  • Transmission line (2)

    7.2% · 14,346 mcf

  • Lease fuel (1)

    0.1% · 181 mcf

13.0% of the gas flared in the last 12 months. 14 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, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on TITO'S 31-42
API numberWell no.Status
42-317-420691WBActive
42-317-420701WAActive
42-317-420711LSActive
42-317-425202LSActive
42-317-425212WAActive
42-317-425223WAActive
42-317-425232WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019–
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 31, 2019–
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 31, 2019–
Rio Energy International, Inc.OilGathers100Jul 31, 2019Dec 1, 2019

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

Who buys my oilOil price check

484.40 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Tito's 31-42
API numberWell no.Acreson the permit
42-317-425202LS484.40
42-317-425212WA484.40
42-317-425223WA484.40
42-317-425232WB484.40
42-317-420691WB484.40
42-317-420701WA484.40
42-317-420711LS484.40

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 TITO'S 31-42
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA7,6157,27914,17412,4631,711$80.46$2.89
Jun 2026Ovintiv USA5,2025,25810,2638,8991,275$84.81$3.15
May 2026Ovintiv USA4,1504,1705,6665,447127$102.13$2.94
Apr 2026Ovintiv USA2,4032,4054,6494,60445$100.32$2.77
Mar 2026Ovintiv USA3,2883,2298,6618,417244$91.38$3.04
Feb 2026Ovintiv USA3,3943,7046,7336,439294$64.51$3.62
Jan 2026Ovintiv USA3,2832,9856,7835,5011,282$60.04$7.72
Dec 2025Ovintiv USA3,7993,9304,1864,17016$57.97$4.26
Nov 2025Ovintiv USA2,2032,23297090763$60.06$3.79
Oct 2025Ovintiv USA3,9703,90420,30914,4515,858$60.89$3.19
Sep 2025Ovintiv USA9,4189,29856,55941,90314,656$63.96$2.97
Aug 2025Ovintiv USA11,22111,17560,02359,812211$64.86$2.91
Jul 2025Ovintiv USA13,47013,63058,11757,779338$68.39$3.20
Jun 2025Ovintiv USA6,7336,60133,59632,723873$68.17$3.02
May 2025Ovintiv USA4,8015,06031,36730,515852$62.17$3.12
Apr 2025Ovintiv USA9,5279,37744,87644,649227$63.54$3.42
Mar 2025Ovintiv USA8,7588,60645,18545,049136$68.24$4.12
Feb 2025Ovintiv USA8,4158,45637,20637,041165$71.53$4.19
Jan 2025Ovintiv USA9,2649,46749,76049,70159$75.74$4.13
Dec 2024Ovintiv USA10,1899,79154,03953,99247$70.12$3.01
Nov 2024Ovintiv USA7,5407,79237,06637,00561$69.95$2.12
Oct 2024Ovintiv USA8,4708,43939,80534,3955,410$71.99$2.20
Sep 2024Ovintiv USA9,6839,52545,86545,594271$70.24$2.28
Aug 2024Ovintiv USA6,8447,39441,27439,9751,299$76.68$1.99
Jul 2024Ovintiv USA5,8425,73436,93836,620318$81.80$2.07
Jun 2024Ovintiv USA7,3587,43736,19735,704493$79.77$2.54
May 2024Ovintiv USA7,6157,63138,58327,21011,373$80.02$2.12
Apr 2024Ovintiv USA9,3889,16734,60427,0167,588$85.35$1.60
Mar 2024Ovintiv USA5,7706,288000$81.28$1.49
Feb 2024Ovintiv USA11,22110,80352,54548,9113,634$77.25$1.72
Jan 2024Ovintiv USA12,42112,60954,77354,646127$74.15$3.18
Dec 2023Ovintiv USA12,57312,52145,08339,7615,322$71.90$2.52
Nov 2023Ovintiv USA10,85811,00541,98641,92660$77.69$2.71
Oct 2023Ovintiv USA13,46413,44948,81546,7542,061$85.64$2.98
Sep 2023Ovintiv USA14,70714,55049,01348,612401$89.43$2.64
Aug 2023Ovintiv USA10,39810,34232,89532,114781$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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