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Royalty Clerk

Texas oil lease

Producing

UNIVERSITY 5-38 C

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

Oil lease dossier

20,471bbl oil, since Mar 2026
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-64982

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, since Mar 2026
19,113 mcf
Oil in Jul 2026
4,747 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 5 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 5 reported monthsMonthly oil production and gas for UNIVERSITY 5-38 C, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 25Jan 26AprJul
Oil output over 5 reported monthsMonthly oil production and gas for UNIVERSITY 5-38 C, Mar 2026 to Jul 2026. Oil output over 5 reported months. Too few months reported to show a trend.bbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 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

  • Processing plant (3)
  • Transmission line (2)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 5-38 C gas by disposition code each month, Mar 2026 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantOct 25Jan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 5-38 C gas by disposition code each month, Mar 2026 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    67% · 12,900 mcf

  • Transmission line (2)

    33% · 6,213 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
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Mar 1, 2026
Dcp Operating Company, LPCasinghead gasBuys100Mar 1, 2026
Dcp Operating Company, LPCasinghead gasGathers100Mar 1, 2026

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

Who buys my oilOil 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 C
API numberWell no.Acreson the permit
42-003-480984H647.40

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

5 months, newest first

Ledger for UNIVERSITY 5-38 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,7474,8125,4545,4540$80.46$2.89
Jun 20263,5443,4643,4873,4870$84.81$3.15
May 20262,7452,7672,7262,7260$102.13$2.94
Apr 20264,6844,6684,2324,2320$100.32$2.77
Mar 20264,7514,7533,2143,2140$91.38$3.04

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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New drilling permits in Andrews County

Newest in the county: this lease has no coordinates.