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Texas oil lease

Producing

TREATY OAK E UNIT A

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

2 wells

64,087bbl oil, last 12 months−27% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-56666

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
93,590 mcf
Oil in Jul 2026
5,868 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for TREATY OAK E UNIT A, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 64,087 bbl in the 12 months through Jul 2026, against 87,498 bbl in the 12 months before.Last 12 months: 64,087 bblbbl per monthmcf per month002,5002,5005,0005,0007,5007,50010k10k12.5k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for TREATY OAK E UNIT A, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 64,087 bbl in the 12 months through Jul 2026, against 87,498 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5002,5005,0005,0007,5007,50010k10k12.5k12.5kJan 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 20.3% 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 E UNIT A 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 20.3% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 20.3%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 E UNIT A 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 20.3% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 20.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 79,154 mcf

  • Transmission line (2)

    12% · 11,594 mcf

  • Flared (4)

    3.0% · 2,842 mcf

3.0% of the gas flared in the last 12 months. 13 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, Dec 2021 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 202620222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCDec 2021 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Dec 2021 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 202620222023202420252026Changed Jun 2023Petrolegacy Energy II, LLCDec 2021 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on TREATY OAK E UNIT A
API numberWell no.Status
42-317-436281WAActive
42-317-436291LSActive

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 gasBuys100May 1, 2024–
Wtg Gas Processing, LLCCasinghead gasGathers100May 1, 2024–
Wtg Gas Processing, L.p.Casinghead gasGathers100Aug 6, 2021May 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Aug 6, 2021May 1, 2024
Lion Oil Trading & Trans, LLCOilGathers100Aug 6, 2021May 1, 2024

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

Who buys my oilOil price check

800 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 E Unit A
API numberWell no.Acreson the permit
42-317-436281WA800
42-317-436291LS800

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 TREATY OAK E UNIT A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA5,8685,8626,9036,348555$80.46$2.89
Jun 2026Ovintiv USA5,6765,6796,0635,357706$84.81$3.15
May 2026Ovintiv USA4,5714,5866,5636,237326$102.13$2.94
Apr 2026Ovintiv USA5,2805,2777,3417,32813$100.32$2.77
Mar 2026Ovintiv USA5,4545,4517,6697,64524$91.38$3.04
Feb 2026Ovintiv USA4,0244,0194,8484,83018$64.51$3.62
Jan 2026Ovintiv USA3,4723,4784,9134,177736$60.04$7.72
Dec 2025Ovintiv USA5,9215,92310,41810,34573$57.97$4.26
Nov 2025Ovintiv USA5,3205,3149,3989,38612$60.06$3.79
Oct 2025Ovintiv USA4,5364,5477,9417,583358$60.89$3.19
Sep 2025Ovintiv USA7,5347,53011,18111,1729$63.96$2.97
Aug 2025Ovintiv USA6,4316,42610,35210,34012$64.86$2.91
Jul 2025Ovintiv USA5,9315,9359,2879,20879$68.39$3.20
Jun 2025Ovintiv USA5,2605,2606,8566,83521$68.17$3.02
May 2025Ovintiv USA6,7946,79211,06311,05211$62.17$3.12
Apr 2025Ovintiv USA7,4647,46311,13611,12214$63.54$3.42
Mar 2025Ovintiv USA7,9827,98610,22010,20218$68.24$4.12
Feb 2025Ovintiv USA6,6606,6559,9779,94631$71.53$4.19
Jan 2025Ovintiv USA6,5976,6009,2489,23414$75.74$4.13
Dec 2024Ovintiv USA8,8218,8259,6568,875781$70.12$3.01
Nov 2024Ovintiv USA8,0198,0149,2509,23515$69.95$2.12
Oct 2024Ovintiv USA7,7337,7349,4379,42116$71.99$2.20
Sep 2024Ovintiv USA6,4146,4208,1818,13645$70.24$2.28
Aug 2024Ovintiv USA9,8239,81811,22811,19533$76.68$1.99
Jul 2024Ovintiv USA9,3389,34010,96810,94721$81.80$2.07
Jun 2024Ovintiv USA8,9778,9719,4569,43521$79.77$2.54
May 2024Ovintiv USA7,0547,0549,6697,7051,964$80.02$2.12
Apr 2024Ovintiv USA11,07811,0637,7297,412317$85.35$1.60
Mar 2024Ovintiv USA12,33012,3299,7789,76018$81.28$1.49
Feb 2024Ovintiv USA8,6288,6517,1517,10744$77.25$1.72
Jan 2024Ovintiv USA9,0719,0595,4845,41272$74.15$3.18
Dec 2023Ovintiv USA10,33810,3395,3334,571762$71.90$2.52
Nov 2023Ovintiv USA9,6699,6686,2355,351884$77.69$2.71
Oct 2023Ovintiv USA11,08511,0867,2756,339936$85.64$2.98
Sep 2023Ovintiv USA11,66111,6617,9167,155761$89.43$2.64
Aug 2023Ovintiv USA9,4339,4286,7485,868880$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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