Texas oil lease

Producing

UNIVERSITY 5-38 B

Name: UNIVERSITY 5-38 B monthly oil and gas production, Andrews County, Texas
Creator: Texas Railroad Commission

University 5-38 B is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

Oil lease dossier

19,438bbl oil, since Mar 2026

Operator: Ovintiv USA Inc.
County: Andrews County
Field: Spraberry (Trend Area)
RRC lease: 08-64901

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Where it sits

This county

Andrews County

Gas, since Mar 2026: 26,392 mcf
Oil in Jun 2026: 4,759 bbl

First check

Production started March 2026; the first check is due by about July 29, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 4 reported months

Jul 2026 was not reported.

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a transmission line instead of a processing plant

Processing plant (3)
Transmission line (2)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Transmission line (2)
53% · 13,903 mcf
Processing plant (3)
47% · 12,489 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Plains Marketing, L.p.	Oil	Gathers	100	Mar 1, 2026
Dcp Operating Company, LP	Casinghead gas	Buys	100	Mar 1, 2026
Dcp Operating Company, LP	Casinghead gas	Gathers	100	Mar 1, 2026

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

Who buys my oil Oil price check

647.40 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.

Check your decimal on this lease

Permits for University 5-38 B
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-003-48097	3H	Jul 15, 2019	Dec 27, 2019	647.40	Horizontal, allocation

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.
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

5 months, newest first

Ledger for UNIVERSITY 5-38 B
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026No report filed	–	–	–	–	–	$80.46	$2.89
Jun 2026	4,759	4,660	6,680	6,680	0	$84.81	$3.15
May 2026	4,869	4,875	7,223	7,223	0	$102.13	$2.94
Apr 2026	4,750	4,735	6,818	6,818	0	$100.32	$2.77
Mar 2026	5,060	5,046	5,671	5,671	0	$91.38	$3.04

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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