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TOPO CHICO

Topo Chico is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

4 wells

2,847bbl oil, last 12 months−54% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-43065

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
6,385 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 54% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for TOPO CHICO, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 2,847 bbl in the 12 months through Jul 2026, against 6,133 bbl in the 12 months before.Last 12 months: 2,847 bblbbl per monthmcf per month002505005001,0007501,5001,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 54% over the last 12 monthsMonthly oil production and gas for TOPO CHICO, Aug 2023 to Jul 2026. Oil output fell 54% over the last 12 months. 2,847 bbl in the 12 months through Jul 2026, against 6,133 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant

Flaring peaked at 93.5% of the gas in Apr 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plantShare of TOPO CHICO gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 93.5% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: plant to fuelFlared 93.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plantShare of TOPO CHICO gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 93.5% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Feb 26: plant to fuelFlared 93.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    77% · 10,003 mcf

  • Flared (4)

    14% · 1,859 mcf

  • Lease fuel (1)

    8.4% · 1,093 mcf

14.3% of the gas flared in the last 12 months. 7 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on TOPO CHICO
API numberWell no.Status
42-317-376791Active
42-317-376802Active
42-317-383373Shut-in
42-317-388454Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers100Apr 1, 2025Aug 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Dec 1, 2023Apr 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Feb 1, 2018Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Feb 1, 2018Dec 1, 2023
Bml, Inc. BOilGathers100Jun 1, 2018Dec 1, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Topo Chico
API numberWell no.Acreson the permit
42-317-388454320
42-317-383373320
42-317-376791320
42-317-376802320

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 TOPO CHICO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA00000$80.46$2.89
Jun 2026Ovintiv USA00000$84.81$3.15
May 2026Ovintiv USA00000$102.13$2.94
Apr 2026Ovintiv USA00000$100.32$2.77
Mar 2026Ovintiv USA00000$91.38$3.04
Feb 2026Ovintiv USA008400$64.51$3.62
Jan 2026Ovintiv USA2983937586650$60.04$7.72
Dec 2025Ovintiv USA5735781,2261,1330$57.97$4.26
Nov 2025Ovintiv USA5373621,1711,0810$60.06$3.79
Oct 2025Ovintiv USA6636721,5411,4480$60.89$3.19
Sep 2025Ovintiv USA3173526265360$63.96$2.97
Aug 2025Ovintiv USA459523979777109$64.86$2.91
Jul 2025Ovintiv USA5945391,1831,0910$68.39$3.20
Jun 2025Ovintiv USA3853581,1361,0460$68.17$3.02
May 2025Ovintiv USA5325321,3731,016265$62.17$3.12
Apr 2025Ovintiv USA5175451,38901,299$63.54$3.42
Mar 2025Ovintiv USA6907311,4891,210186$68.24$4.12
Feb 2025Ovintiv USA3783681,07193453$71.53$4.19
Jan 2025Ovintiv USA6495641,205971141$75.74$4.13
Dec 2024Ovintiv USA7307391,3621,2690$70.12$3.01
Nov 2024Ovintiv USA36236671056951$69.95$2.12
Oct 2024Ovintiv USA4093721,1211,0280$71.99$2.20
Sep 2024Ovintiv USA5225281,03993613$70.24$2.28
Aug 2024Ovintiv USA3653639678740$76.68$1.99
Jul 2024Ovintiv USA5065451,2611,1670$81.80$2.07
Jun 2024Ovintiv USA5585541,4301,3400$79.77$2.54
May 2024Ovintiv USA4645421,4151,3220$80.02$2.12
Apr 2024Ovintiv USA7586951,4241,3340$85.35$1.60
Mar 2024Ovintiv USA7047321,4511,3580$81.28$1.49
Feb 2024Ovintiv USA6257161,2321,1460$77.25$1.72
Jan 2024Ovintiv USA6285411,2471,1540$74.15$3.18
Dec 2023Ovintiv USA5326951,3121,2190$71.90$2.52
Nov 2023Ovintiv USA8696851,4681,3780$77.69$2.71
Oct 2023Ovintiv USA4987181,4331,3400$85.64$2.98
Sep 2023Ovintiv USA7537231,3661,2760$89.43$2.64
Aug 2023Ovintiv USA6623619228290$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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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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