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Texas oil lease

Producing

ULS 5-23

Uls 5-23 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

1,000bbl oil, last 12 months−17% vs prior year
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-40922

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
2,693 mcf
Oil in Jul 2026
63 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 ULS 5-23, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 1,000 bbl in the 12 months through Jul 2026, against 1,200 bbl in the 12 months before.Last 12 months: 1,000 bblbbl per monthmcf per month00100100200200300300400400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for ULS 5-23, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 1,000 bbl in the 12 months through Jul 2026, against 1,200 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100100200200300300400400Jan 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 59.1% 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 ULS 5-23 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 59.1% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 59.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of ULS 5-23 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 59.1% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 59.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 2,396 mcf

  • Transmission line (2)

    11% · 297 mcf

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePiedra Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Piedra Operating, LLCJan 2020 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 ULS 5-23
API numberWell no.Status
42-003-420891Shut-in
42-003-426412Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Dec 1, 2023–
Shell Trading (Us) CompanyOilGathers50Dec 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Dec 1, 2023
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2022Dec 1, 2023
Sentinel Transportation, LLCOilGathers100Oct 1, 2019Aug 1, 2022
Enterprise Crude Oil LLCOilGathers100Sep 1, 2016Oct 1, 2019

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

Who buys my oilOil price check

485.48 acres on the newest permit

Permits for Uls 5-23
API numberWell no.Acreson the permit
42-003-426412485.48
42-003-420891485.48

SourceRailroad Commission drilling permits, Sep 26, 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 ULS 5-23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA63361611610$80.46$2.89
Jun 2026Ovintiv USA306780800$84.81$3.15
May 2026Ovintiv USA941042172170$102.13$2.94
Apr 2026Ovintiv USA72662922920$100.32$2.77
Mar 2026Ovintiv USA91902612610$91.38$3.04
Feb 2026Ovintiv USA72561971970$64.51$3.62
Jan 2026Ovintiv USA82812622620$60.04$7.72
Dec 2025Ovintiv USA80753353350$57.97$4.26
Nov 2025Ovintiv USA85883363360$60.06$3.79
Oct 2025Ovintiv USA1221353123120$60.89$3.19
Sep 2025Ovintiv USA1141031501500$63.96$2.97
Aug 2025Ovintiv USA958190900$64.86$2.91
Jul 2025Ovintiv USA60831421420$68.39$3.20
Jun 2025Ovintiv USA777252520$68.17$3.02
May 2025Ovintiv USA89981271270$62.17$3.12
Apr 2025Ovintiv USA70831051050$63.54$3.42
Mar 2025Ovintiv USA20417969690$68.24$4.12
Feb 2025Ovintiv USA12110964640$71.53$4.19
Jan 2025Ovintiv USA13213330300$75.74$4.13
Dec 2024Ovintiv USA8013130$70.12$3.01
Nov 2024Ovintiv USA2838550$69.95$2.12
Oct 2024Ovintiv USA1662033693690$71.99$2.20
Sep 2024Ovintiv USA130972222220$70.24$2.28
Aug 2024Ovintiv USA115982332330$76.68$1.99
Jul 2024Ovintiv USA69951761760$81.80$2.07
Jun 2024Ovintiv USA1101011711710$79.77$2.54
May 2024Ovintiv USA8170880$80.02$2.12
Apr 2024Ovintiv USA75931681680$85.35$1.60
Mar 2024Ovintiv USA19722973730$81.28$1.49
Feb 2024Ovintiv USA27027070700$77.25$1.72
Jan 2024Ovintiv USA16617156560$74.15$3.18
Dec 2023Ovintiv USA15515332320$71.90$2.52
Nov 2023Ovintiv USA70533518$77.69$2.71
Oct 2023Ovintiv USA624284840$85.64$2.98
Sep 2023Ovintiv USA17320196960$89.43$2.64
Aug 2023Ovintiv USA2122261325478$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)CountyAndrews County

Ovintiv USA Inc. in Andrews County

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Spraberry (Trend Area) field

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