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Texas oil lease

Producing

TXL "S" 35-2

TXL "S" 35-2 is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

3,242bbl oil, last 12 months+58% vs prior year
RRC lease
08-35734

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
7,957 mcf
Oil in Jul 2026
143 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 22% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for TXL "S" 35-2, Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 3,242 bbl in the 12 months through Jul 2026, against 2,051 bbl in the 12 months before.Last 12 months: 3,242 bblbbl per monthmcf per month002005004001,0006001,5008002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for TXL "S" 35-2, Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 3,242 bbl in the 12 months through Jul 2026, against 2,051 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,000Jan 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 6.1% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of TXL "S" 35-2 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 6.1% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 6.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of TXL "S" 35-2 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 6.1% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 6.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 8,997 mcf

  • Transmission line (2)

    1.5% · 140 mcf

  • Lease fuel (1)

    0.9% · 86 mcf

  • Flared (4)

    0.0% · 4 mcf

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on TXL "S" 35-2
API numberWell no.Status
42-329-340042Shut-in
42-329-393837Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Nov 1, 2017
Energy Transfer CompanyCasinghead gasBuys100Mar 1, 2016
Energy Transfer CompanyCasinghead gasGathers100Mar 1, 2016

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

80 acres on the newest permit

Permits for TXL "S" 35-2
API numberWell no.Acreson the permit
42-329-39383780
42-329-34004280

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 TXL "S" 35-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1431253223180$80.46$2.89
Jun 2026Ovintiv USA07000$84.81$3.15
May 2026Ovintiv USA63922752740$102.13$2.94
Apr 2026Ovintiv USA1851845285240$100.32$2.77
Mar 2026Ovintiv USA2472499409330$91.38$3.04
Feb 2026Ovintiv USA3273176966900$64.51$3.62
Jan 2026Ovintiv USA3303285275184$60.04$7.72
Dec 2025Ovintiv USA2963067377310$57.97$4.26
Nov 2025Ovintiv USA3934019579480$60.06$3.79
Oct 2025Ovintiv USA4404579869770$60.89$3.19
Sep 2025Ovintiv USA5575389289160$63.96$2.97
Aug 2025Ovintiv USA2612541,0611,0500$64.86$2.91
Jul 2025Ovintiv USA3343591,2701,2580$68.39$3.20
Jun 2025Ovintiv USA5515707587490$68.17$3.02
May 2025Ovintiv USA4464327107030$62.17$3.12
Apr 2025Ovintiv USA4654147637560$63.54$3.42
Mar 2025Ovintiv USA1121026996950$68.24$4.12
Feb 2025Ovintiv USA29305145100$71.53$4.19
Jan 2025Ovintiv USA52485175110$75.74$4.13
Dec 2024Ovintiv USA00000$70.12$3.01
Nov 2024Ovintiv USA01000$69.95$2.12
Oct 2024Ovintiv USA5751500$71.99$2.20
Sep 2024Ovintiv USA21223733700$70.24$2.28
Aug 2024Ovintiv USA36343083050$76.68$1.99
Jul 2024Ovintiv USA461611590$81.80$2.07
Jun 2024Ovintiv USA00000$79.77$2.54
May 2024Ovintiv USA20231351340$80.02$2.12
Apr 2024Ovintiv USA46443933900$85.35$1.60
Mar 2024Ovintiv USA49505245200$81.28$1.49
Feb 2024Ovintiv USA59555545500$77.25$1.72
Jan 2024Ovintiv USA17155365320$74.15$3.18
Dec 2023Ovintiv USA00000$71.90$2.52
Nov 2023Ovintiv USA4794940$77.69$2.71
Oct 2023Ovintiv USA36379539490$85.64$2.98
Sep 2023Ovintiv USA39391,8411,721113$89.43$2.64
Aug 2023Ovintiv USA51512232220$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 Midland County

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Spraberry (Trend Area) field

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