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Texas oil lease

Producing

TREATY OAK W UNIT B

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

1 well

28,192bbl oil, last 12 months−47% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-59033

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
136,095 mcf
Oil in Jul 2026
1,715 bbl

Production by month

Oil output fell 47% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for TREATY OAK W UNIT B, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 28,192 bbl in the 12 months through Jul 2026, against 53,659 bbl in the 12 months before.Last 12 months: 28,192 bblbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 47% over the last 12 monthsMonthly oil production and gas for TREATY OAK W UNIT B, Aug 2023 to Jul 2026. Oil output fell 47% over the last 12 months. 28,192 bbl in the 12 months through Jul 2026, against 53,659 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJan 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 24.2% of the gas in Jun 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 W 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 24.2% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 24.2%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 W 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 24.2% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 24.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 125,178 mcf

  • Transmission line (2)

    6.8% · 9,199 mcf

  • Flared (4)

    1.3% · 1,718 mcf

1.3% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on TREATY OAK W UNIT B
API numberWell no.Status
42-317-446852LSActive

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 gasGathers100Jan 9, 2023–
Wtg Gas Processing, LLCCasinghead gasBuys100Jan 9, 2023May 1, 2024
Dk Trading & Supply, LLCOilGathers100Jan 9, 2023May 1, 2024

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

Who buys my oilOil price check

560 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 W Unit B
API numberWell no.Acreson the permit
42-317-446852LS560

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 W UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,7151,7135,1005,02971$80.46$2.89
Jun 20261,1381,1402,4112,35853$84.81$3.15
May 20261,3951,3996,9136,84172$102.13$2.94
Apr 20261,4591,4649,8909,8864$100.32$2.77
Mar 20263,2603,26419,58219,57012$91.38$3.04
Feb 20263,5133,51017,98017,97010$64.51$3.62
Jan 20263,2923,28916,06015,165895$60.04$7.72
Dec 20253,2583,25013,29113,27021$57.97$4.26
Nov 20254934992,7692,7681$60.06$3.79
Oct 20252,4382,44011,48310,914569$60.89$3.19
Sep 20253,0303,03113,96713,9634$63.96$2.97
Aug 20253,2013,20016,64916,6436$64.86$2.91
Jul 20253,4673,47315,71415,7059$68.39$3.20
Jun 20253,9783,97515,35215,33715$68.17$3.02
May 20254,3514,35017,60517,5996$62.17$3.12
Apr 20254,4754,47313,40113,3947$63.54$3.42
Mar 20254,2134,2149,1259,11510$68.24$4.12
Feb 20253,2433,24310,59310,57815$71.53$4.19
Jan 20254,3074,30616,60416,198406$75.74$4.13
Dec 20244,2274,23115,46214,2951,167$70.12$3.01
Nov 20244,6474,64616,04616,0388$69.95$2.12
Oct 20245,2855,28917,54917,53811$71.99$2.20
Sep 20245,5745,57316,05216,01240$70.24$2.28
Aug 20245,8925,88615,84715,82225$76.68$1.99
Jul 20244,5174,51814,65614,524132$81.80$2.07
Jun 20244,1934,19612,3719,3812,990$79.77$2.54
May 20245,7625,75816,32612,4613,865$80.02$2.12
Apr 20246,3156,30618,54417,1591,385$85.35$1.60
Mar 20248,2618,26120,67920,65029$81.28$1.49
Feb 202410,00610,03319,58217,6031,979$77.25$1.72
Jan 202410,66410,65620,03719,905132$74.15$3.18
Dec 202315,84615,85018,60816,5102,098$71.90$2.52
Nov 202317,31517,31422,63222,055577$77.69$2.71
Oct 202321,36721,37324,08120,6023,479$85.64$2.98
Sep 202327,24127,22524,31922,5371,782$89.43$2.64
Aug 20239,5249,5416,9676,026941$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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