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Texas oil lease

Producing

TREATY OAK ALLOCATION

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

1 well

33,530bbl oil, last 12 months−28% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59227

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
115,517 mcf
Oil in Jul 2026
1,690 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for TREATY OAK ALLOCATION, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 33,530 bbl in the 12 months through Jul 2026, against 46,336 bbl in the 12 months before.Last 12 months: 33,530 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for TREATY OAK ALLOCATION, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 33,530 bbl in the 12 months through Jul 2026, against 46,336 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 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 24.9% 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 TREATY OAK ALLOCATION 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 24.9% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 24.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of TREATY OAK ALLOCATION 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 24.9% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 24.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 84,132 mcf

  • Transmission line (2)

    26% · 29,643 mcf

  • Flared (4)

    1.5% · 1,742 mcf

1.5% of the gas flared in the last 12 months. 12 months above 3%.

1 well on this lease

Wells on TREATY OAK ALLOCATION
API numberWell no.Status
42-317-446971LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Dec 18, 2022
Wtg Gas Processing, LLCCasinghead gasBuys100Dec 18, 2022
Wtg Gas Processing, LLCCasinghead gasGathers100Dec 18, 2022

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

Who buys my oilOil price check

720 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 Treaty Oak Allocation
API numberWell no.Acreson the permit
42-317-446971LS720

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 TREATY OAK ALLOCATION
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6901,6916,2206,14872$80.46$2.89
Jun 20263,5373,54014,58414,407177$84.81$3.15
May 20263,5763,57415,42215,236186$102.13$2.94
Apr 20261,1931,2014,8284,8253$100.32$2.77
Mar 20263,2793,28212,85512,84312$91.38$3.04
Feb 20263,5593,55912,42612,41610$64.51$3.62
Jan 20264,1454,13813,53112,740791$60.04$7.72
Dec 20252,7842,7787,4517,43516$57.97$4.26
Nov 20257047121,9521,9502$60.06$3.79
Oct 20253,3183,3199,3028,837465$60.89$3.19
Sep 20253,4803,4769,5819,5774$63.96$2.97
Aug 20252,2652,2677,3657,3614$64.86$2.91
Jul 20253,3843,3919,9009,8919$68.39$3.20
Jun 20254,3664,35910,69810,68117$68.17$3.02
May 20253,3213,3228,0118,0065$62.17$3.12
Apr 20254,1364,13710,54010,5346$63.54$3.42
Mar 20255,0755,07710,68310,67112$68.24$4.12
Feb 20254,0794,0729,0259,00619$71.53$4.19
Jan 20252,6482,6435,9885,839149$75.74$4.13
Dec 20249509602,0901,931159$70.12$3.01
Nov 20243,8953,8948,0468,0397$69.95$2.12
Oct 20244,6564,6589,3969,38610$71.99$2.20
Sep 20244,2064,20810,92110,89130$70.24$2.28
Aug 20245,6205,62412,35612,33323$76.68$1.99
Jul 20248,0378,03714,86514,724141$81.80$2.07
Jun 20247,3417,34012,5509,5113,039$79.77$2.54
May 20247,5297,52412,0989,0913,007$80.02$2.12
Apr 20248,0978,08513,04212,057985$85.35$1.60
Mar 20249,5519,55114,88314,85726$81.28$1.49
Feb 20249,7259,74613,88112,4661,415$77.25$1.72
Jan 20248,3388,33312,61712,52196$74.15$3.18
Dec 202313,55213,55814,04912,4591,590$71.90$2.52
Nov 202316,53916,54016,69516,152543$77.69$2.71
Oct 202322,15622,15218,45915,5432,916$85.64$2.98
Sep 202318,11518,10113,67012,4861,184$89.43$2.64
Aug 20234,7104,7283,6213,145476$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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