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Texas oil lease

Producing

TREATY OAK E UNIT B

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

2 wells

42,209bbl oil, last 12 months−17% vs prior year
RRC lease
08-56678

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
53,475 mcf
Oil in Jul 2026
4,462 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for TREATY OAK E UNIT B, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 42,209 bbl in the 12 months through Jul 2026, against 50,602 bbl in the 12 months before.Last 12 months: 42,209 bblbbl per monthmcf per month0010k2,50020k5,00030k7,50040k10k50k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for TREATY OAK E UNIT B, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 42,209 bbl in the 12 months through Jul 2026, against 50,602 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k2,50020k5,00030k7,50040k10k50k12.5kJan 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 23.8% of the gas in Aug 2023.

  • 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 B 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 23.8% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 23.8%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 B 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 23.8% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 23.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    61% · 32,745 mcf

  • Transmission line (2)

    35% · 18,521 mcf

  • Flared (4)

    4.1% · 2,209 mcf

4.1% 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 B
API numberWell no.Status
42-317-436302WAActive
42-317-436312LSActive

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 14, 2021May 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Aug 14, 2021May 1, 2024
Lion Oil Trading & Trans, LLCOilGathers100Aug 14, 2021May 1, 2024

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

800 acres on the newest permit

An allocation well is on this lease

Permits for Treaty Oak E Unit B
API numberWell no.Acreson the permit
42-317-436302WA800
42-317-436312LS800

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA4,4624,4597,8847,331553$80.46$2.89
Jun 2026Ovintiv USA4,6524,6578,8657,982883$84.81$3.15
May 2026Ovintiv USA4,9644,97010,94610,539407$102.13$2.94
Apr 2026Ovintiv USA3,6123,6085,4085,3999$100.32$2.77
Mar 2026Ovintiv USA2,9022,9064,2954,28213$91.38$3.04
Feb 2026Ovintiv USA3,5293,5214,8464,83016$64.51$3.62
Jan 2026Ovintiv USA1,8931,8951,3181,096222$60.04$7.72
Dec 2025Ovintiv USA3,1803,1861,8441,82123$57.97$4.26
Nov 2025Ovintiv USA4,0854,0802,0632,0549$60.06$3.79
Oct 2025Ovintiv USA3,0593,0561,3111,24764$60.89$3.19
Sep 2025Ovintiv USA2,3892,3931,8651,8623$63.96$2.97
Aug 2025Ovintiv USA3,4823,4772,8302,8237$64.86$2.91
Jul 2025Ovintiv USA2,4322,4391,9751,95520$68.39$3.20
Jun 2025Ovintiv USA3,3843,3843,8003,78614$68.17$3.02
May 2025Ovintiv USA4,4884,4885,5225,5157$62.17$3.12
Apr 2025Ovintiv USA5,2205,2227,1077,09710$63.54$3.42
Mar 2025Ovintiv USA6,7556,7587,8937,87716$68.24$4.12
Feb 2025Ovintiv USA5,5325,5187,0537,02726$71.53$4.19
Jan 2025Ovintiv USA2,0382,0381,3911,3874$75.74$4.13
Dec 2024Ovintiv USA1,9391,9471,6821,544138$70.12$3.01
Nov 2024Ovintiv USA4,1424,1394,7834,7767$69.95$2.12
Oct 2024Ovintiv USA4,4274,4315,3385,32810$71.99$2.20
Sep 2024Ovintiv USA4,6854,6865,4465,41333$70.24$2.28
Aug 2024Ovintiv USA5,5605,5585,3225,30319$76.68$1.99
Jul 2024Ovintiv USA5,4075,4065,6055,59213$81.80$2.07
Jun 2024Ovintiv USA4,4404,4414,2374,22611$79.77$2.54
May 2024Ovintiv USA5,0995,0954,3983,416982$80.02$2.12
Apr 2024Ovintiv USA5,6605,6524,2474,073174$85.35$1.60
Mar 2024Ovintiv USA5,8945,8935,8335,8258$81.28$1.49
Feb 2024Ovintiv USA5,4115,4256,1296,10128$77.25$1.72
Jan 2024Ovintiv USA5,5135,5095,4885,44444$74.15$3.18
Dec 2023Ovintiv USA8,2068,2093,9973,424573$71.90$2.52
Nov 2023Ovintiv USA9,3849,3824,9164,173743$77.69$2.71
Oct 2023Ovintiv USA10,03210,0315,4804,690790$85.64$2.98
Sep 2023Ovintiv USA9,2329,2564,8164,213603$89.43$2.64
Aug 2023Ovintiv USA25,07225,0687,5635,7641,799$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

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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