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Texas oil lease

Producing

ULS 5-24

Uls 5-24 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

1,528bbl oil, last 12 months+21% vs prior year
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-40502

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
4,863 mcf
Oil in Jul 2026
98 bbl

Production by month

Oil output rose 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 21% over the last 12 monthsMonthly oil production and gas for ULS 5-24, Aug 2023 to Jul 2026. Oil output rose 21% over the last 12 months. 1,528 bbl in the 12 months through Jul 2026, against 1,267 bbl in the 12 months before.Last 12 months: 1,528 bblbbl per monthmcf per month00100200200400300600400800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 21% over the last 12 monthsMonthly oil production and gas for ULS 5-24, Aug 2023 to Jul 2026. Oil output rose 21% over the last 12 months. 1,528 bbl in the 12 months through Jul 2026, against 1,267 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100200200400300600400800Jan 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 58.9% 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 5-24 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 58.9% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 58.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of ULS 5-24 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 58.9% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 58.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    84% · 4,097 mcf

  • Transmission line (2)

    16% · 766 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.

3 wells on this lease

Wells on ULS 5-24
API numberWell no.Status
42-003-411212Active
42-003-420881Active
42-003-426583Active

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 LLCOilGathers100Jan 1, 2011Oct 1, 2019

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

Who buys my oilOil price check

323.65 acres on the newest permit

The wells on this lease state different acreage

The permits state between 323.65 and 11,754.11 acres.

Permits for Uls 5-24
API numberWell no.Acreson the permit
42-003-426583323.65
42-003-420881323.65
42-003-41121211,754.11

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 5-24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA98714144140$80.46$2.89
Jun 2026Ovintiv USA801004064060$84.81$3.15
May 2026Ovintiv USA1061413603600$102.13$2.94
Apr 2026Ovintiv USA1091035105100$100.32$2.77
Mar 2026Ovintiv USA1421354394390$91.38$3.04
Feb 2026Ovintiv USA106822822820$64.51$3.62
Jan 2026Ovintiv USA1191373263260$60.04$7.72
Dec 2025Ovintiv USA1581405025020$57.97$4.26
Nov 2025Ovintiv USA1451365045040$60.06$3.79
Oct 2025Ovintiv USA1571745665660$60.89$3.19
Sep 2025Ovintiv USA1491473263260$63.96$2.97
Aug 2025Ovintiv USA1591422282280$64.86$2.91
Jul 2025Ovintiv USA1171594854850$68.39$3.20
Jun 2025Ovintiv USA1451262592590$68.17$3.02
May 2025Ovintiv USA1471373973970$62.17$3.12
Apr 2025Ovintiv USA79742082080$63.54$3.42
Mar 2025Ovintiv USA16914869690$68.24$4.12
Feb 2025Ovintiv USA1008260600$71.53$4.19
Jan 2025Ovintiv USA657418180$75.74$4.13
Dec 2024Ovintiv USA7010100$70.12$3.01
Nov 2024Ovintiv USA2230440$69.95$2.12
Oct 2024Ovintiv USA1341812722720$71.99$2.20
Sep 2024Ovintiv USA1401101861860$70.24$2.28
Aug 2024Ovintiv USA1421342312310$76.68$1.99
Jul 2024Ovintiv USA1351781761760$81.80$2.07
Jun 2024Ovintiv USA1951854274270$79.77$2.54
May 2024Ovintiv USA15715822220$80.02$2.12
Apr 2024Ovintiv USA2252225115110$85.35$1.60
Mar 2024Ovintiv USA3113124294290$81.28$1.49
Feb 2024Ovintiv USA2402002252250$77.25$1.72
Jan 2024Ovintiv USA5511328280$74.15$3.18
Dec 2023Ovintiv USA1651701271270$71.90$2.52
Nov 2023Ovintiv USA9025616987$77.69$2.71
Oct 2023Ovintiv USA70493803800$85.64$2.98
Sep 2023Ovintiv USA2021814364360$89.43$2.64
Aug 2023Ovintiv USA996319078112$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 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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