Texas oil lease
ProducingTREATY 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
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-56678
Is your check right?
Where it sits
This 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
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)
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
- Ovintiv USA Inc. Jun 2023 to now
- Petrolegacy Energy II, LLC Dec 2021 to May 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-43630 | 2WA | Active |
| 42-317-43631 | 2LS | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dk Trading & Supply, LLC | Oil | Gathers | 95 | May 1, 2024 | – |
| Plains Marketing, L.p. | Oil | Gathers | 5 | May 1, 2024 | – |
| Wtg Gas Processing, LLC | Casinghead gas | Buys | 100 | May 1, 2024 | – |
| Wtg Gas Processing, LLC | Casinghead gas | Gathers | 100 | May 1, 2024 | – |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Aug 14, 2021 | May 1, 2024 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Aug 14, 2021 | May 1, 2024 |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Aug 14, 2021 | May 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
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-43630 | 2WA | Jun 18, 2021 | Sep 16, 2021 | 800 |
| 42-317-43631 | 2LS | Jun 18, 2021 | Aug 14, 2021 | 800 |
What Ovintiv Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $100.69 | $1.71 | $92.75 | SEC filing |
| Q1 2026 | $72.62 | $3.14 | $18.12 | SEC filing |
| Q4 2025 | $59.55 | $2.65 | $32.76 | SEC filing |
| Q3 2025 | $66.22 | $1.79 | $16.91 | SEC filing |
| Q2 2025 | $64.50 | $2.24 | $60.79 | SEC filing |
| Q1 2025 | $71.79 | $2.98 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Ovintiv USA | 4,462 | 4,459 | 7,884 | 7,331 | 553 | $80.46 | $2.89 |
| Jun 2026Ovintiv USA | 4,652 | 4,657 | 8,865 | 7,982 | 883 | $84.81 | $3.15 |
| May 2026Ovintiv USA | 4,964 | 4,970 | 10,946 | 10,539 | 407 | $102.13 | $2.94 |
| Apr 2026Ovintiv USA | 3,612 | 3,608 | 5,408 | 5,399 | 9 | $100.32 | $2.77 |
| Mar 2026Ovintiv USA | 2,902 | 2,906 | 4,295 | 4,282 | 13 | $91.38 | $3.04 |
| Feb 2026Ovintiv USA | 3,529 | 3,521 | 4,846 | 4,830 | 16 | $64.51 | $3.62 |
| Jan 2026Ovintiv USA | 1,893 | 1,895 | 1,318 | 1,096 | 222 | $60.04 | $7.72 |
| Dec 2025Ovintiv USA | 3,180 | 3,186 | 1,844 | 1,821 | 23 | $57.97 | $4.26 |
| Nov 2025Ovintiv USA | 4,085 | 4,080 | 2,063 | 2,054 | 9 | $60.06 | $3.79 |
| Oct 2025Ovintiv USA | 3,059 | 3,056 | 1,311 | 1,247 | 64 | $60.89 | $3.19 |
| Sep 2025Ovintiv USA | 2,389 | 2,393 | 1,865 | 1,862 | 3 | $63.96 | $2.97 |
| Aug 2025Ovintiv USA | 3,482 | 3,477 | 2,830 | 2,823 | 7 | $64.86 | $2.91 |
| Jul 2025Ovintiv USA | 2,432 | 2,439 | 1,975 | 1,955 | 20 | $68.39 | $3.20 |
| Jun 2025Ovintiv USA | 3,384 | 3,384 | 3,800 | 3,786 | 14 | $68.17 | $3.02 |
| May 2025Ovintiv USA | 4,488 | 4,488 | 5,522 | 5,515 | 7 | $62.17 | $3.12 |
| Apr 2025Ovintiv USA | 5,220 | 5,222 | 7,107 | 7,097 | 10 | $63.54 | $3.42 |
| Mar 2025Ovintiv USA | 6,755 | 6,758 | 7,893 | 7,877 | 16 | $68.24 | $4.12 |
| Feb 2025Ovintiv USA | 5,532 | 5,518 | 7,053 | 7,027 | 26 | $71.53 | $4.19 |
| Jan 2025Ovintiv USA | 2,038 | 2,038 | 1,391 | 1,387 | 4 | $75.74 | $4.13 |
| Dec 2024Ovintiv USA | 1,939 | 1,947 | 1,682 | 1,544 | 138 | $70.12 | $3.01 |
| Nov 2024Ovintiv USA | 4,142 | 4,139 | 4,783 | 4,776 | 7 | $69.95 | $2.12 |
| Oct 2024Ovintiv USA | 4,427 | 4,431 | 5,338 | 5,328 | 10 | $71.99 | $2.20 |
| Sep 2024Ovintiv USA | 4,685 | 4,686 | 5,446 | 5,413 | 33 | $70.24 | $2.28 |
| Aug 2024Ovintiv USA | 5,560 | 5,558 | 5,322 | 5,303 | 19 | $76.68 | $1.99 |
| Jul 2024Ovintiv USA | 5,407 | 5,406 | 5,605 | 5,592 | 13 | $81.80 | $2.07 |
| Jun 2024Ovintiv USA | 4,440 | 4,441 | 4,237 | 4,226 | 11 | $79.77 | $2.54 |
| May 2024Ovintiv USA | 5,099 | 5,095 | 4,398 | 3,416 | 982 | $80.02 | $2.12 |
| Apr 2024Ovintiv USA | 5,660 | 5,652 | 4,247 | 4,073 | 174 | $85.35 | $1.60 |
| Mar 2024Ovintiv USA | 5,894 | 5,893 | 5,833 | 5,825 | 8 | $81.28 | $1.49 |
| Feb 2024Ovintiv USA | 5,411 | 5,425 | 6,129 | 6,101 | 28 | $77.25 | $1.72 |
| Jan 2024Ovintiv USA | 5,513 | 5,509 | 5,488 | 5,444 | 44 | $74.15 | $3.18 |
| Dec 2023Ovintiv USA | 8,206 | 8,209 | 3,997 | 3,424 | 573 | $71.90 | $2.52 |
| Nov 2023Ovintiv USA | 9,384 | 9,382 | 4,916 | 4,173 | 743 | $77.69 | $2.71 |
| Oct 2023Ovintiv USA | 10,032 | 10,031 | 5,480 | 4,690 | 790 | $85.64 | $2.98 |
| Sep 2023Ovintiv USA | 9,232 | 9,256 | 4,816 | 4,213 | 603 | $89.43 | $2.64 |
| Aug 2023Ovintiv USA | 25,072 | 25,068 | 7,563 | 5,764 | 1,799 | $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
This lease belongs to
Ovintiv USA Inc. in Martin County
- HSC 319T
25,252 bbl
- BALCONES W UNIT B
41,302 bbl
- HNE 249N
41,652 bbl
- WONDERWALL 254 A
39,109 bbl
- HSE 320T
32,574 bbl
- BENDER C 252
35,535 bbl
- HSC 320A
30,887 bbl
- DFK 319G
25,687 bbl
- DELOREAN 255 C
39,511 bbl
- TRUFFLE SHUFFLE 12-9A
36,139 bbl
Spraberry (Trend Area) field
- TROPICANA WEST 23-14V
34,566 bbl
- BROOKS-CRESPI 30J
39,356 bbl
- HNE 249N
41,652 bbl
- HIGHTOWER 10I
36,874 bbl
- WOODY 31EE
39,827 bbl
- CLICK-CHEVRON 14-11 A UNIT
42,528 bbl
- DUPREE A
31,117 bbl
- HENRY E
28,937 bbl
- LUPIN DORA 3143 F
39,393 bbl
- ARICK-SIMMS 26D
37,741 bbl
Leases within 10 km
- TREATY OAK E UNIT A
64,087 bbl · 0 km
- TREATY OAK E UNIT C
20,095 bbl · 0 km
- SLAUGHTER-HANCOCK
553 bbl · 0.5 km
- RIDGWAY 2
14,550 bbl · 0.6 km
- RIDGWAY
15,073 bbl · 0.6 km
- RIDGWAY 3
12,925 bbl · 0.6 km
- LUCY
1 bbl · 0.6 km
- BALCONES W UNIT D
48,930 bbl · 0.9 km
- BALCONES W UNIT C
59,843 bbl · 0.9 km
- BALCONES W UNIT B
41,302 bbl · 0.9 km
Drilling permits within 10 km
HIGH NOON 8-20 D #2WB
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918596 · Sep 17, 2026
HIGH NOON 8-20 G #2JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918599 · Sep 17, 2026
HIGH NOON 8-20 F #3WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918598 · Sep 17, 2026
HIGH NOON 8-20 E #2LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918597 · Sep 17, 2026
HIGH NOON 8-20 C #2WA
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918594 · Sep 17, 2026