Skip to content
Royalty Clerk

Texas oil lease

Producing

UNIVERSITY 5-39 WEST E LS

University 5-39 West E LS is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

61,160bbl oil, last 12 months+2% vs prior year
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-58120

Is your check right?

Check my statement

Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
80,119 mcf
Oil in Jul 2026
4,474 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY 5-39 WEST E LS, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 61,160 bbl in the 12 months through Jul 2026, against 60,172 bbl in the 12 months before.Last 12 months: 61,160 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for UNIVERSITY 5-39 WEST E LS, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 61,160 bbl in the 12 months through Jul 2026, against 60,172 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20kJan 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 7.0% of the gas in Jul 2025.

  • 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 UNIVERSITY 5-39 WEST E LS 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 7.0% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 7.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 5-39 WEST E LS 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 7.0% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 7.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    86% · 69,149 mcf

  • Transmission line (2)

    13% · 10,605 mcf

  • Flared (4)

    0.5% · 365 mcf

0.5% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timePiedra Operating, LLC, May 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262023202420252026Changed Jun 2023Piedra Operating, LLCMay 2022 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePiedra Operating, LLC, May 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262023202420252026Changed Jun 2023Piedra Operating, LLCMay 2022 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on UNIVERSITY 5-39 WEST E LS
API numberWell no.Status
42-003-4839012HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100May 19, 2022
Dcp Operating Company, LPCasinghead gasBuys100May 19, 2022
Dcp Operating Company, LPCasinghead gasGathers100May 19, 2022

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

Who buys my oilOil price check

809.70 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for University 5-39 West E LS
API numberWell no.Acreson the permit
42-003-4839012H809.70

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

36 months, newest first

Ledger for UNIVERSITY 5-39 WEST E LS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA4,4744,5366,7466,73511$80.46$2.89
Jun 2026Ovintiv USA4,8974,8396,1936,1894$84.81$3.15
May 2026Ovintiv USA4,2534,3024,4164,4160$102.13$2.94
Apr 2026Ovintiv USA5,8655,8096,4336,4303$100.32$2.77
Mar 2026Ovintiv USA5,8485,8236,1106,1064$91.38$3.04
Feb 2026Ovintiv USA4,9965,0545,2535,2521$64.51$3.62
Jan 2026Ovintiv USA5,8885,8447,0026,818184$60.04$7.72
Dec 2025Ovintiv USA6,4326,5518,3618,3547$57.97$4.26
Nov 2025Ovintiv USA7,5187,33810,37610,35422$60.06$3.79
Oct 2025Ovintiv USA2,8732,9794,9214,87051$60.89$3.19
Sep 2025Ovintiv USA3,7863,7537,2587,21345$63.96$2.97
Aug 2025Ovintiv USA4,3304,3967,0507,01733$64.86$2.91
Jul 2025Ovintiv USA4,0013,9485,6305,237393$68.39$3.20
Jun 2025Ovintiv USA4,9594,9707,2817,113168$68.17$3.02
May 2025Ovintiv USA5,6405,6778,9408,752188$62.17$3.12
Apr 2025Ovintiv USA5,3875,3537,5157,44570$63.54$3.42
Mar 2025Ovintiv USA5,0065,0347,8427,723119$68.24$4.12
Feb 2025Ovintiv USA5,4335,3968,3268,24086$71.53$4.19
Jan 2025Ovintiv USA6,4726,4259,2369,121115$75.74$4.13
Dec 2024Ovintiv USA6,1986,1638,8348,704130$70.12$3.01
Nov 2024Ovintiv USA3,7183,7085,7665,66997$69.95$2.12
Oct 2024Ovintiv USA2,5472,5864,7144,65262$71.99$2.20
Sep 2024Ovintiv USA3,8543,8486,7596,70554$70.24$2.28
Aug 2024Ovintiv USA6,9576,99810,28410,20084$76.68$1.99
Jul 2024Ovintiv USA8,4798,49212,25012,147103$81.80$2.07
Jun 2024Ovintiv USA8,8178,83210,82510,513312$79.77$2.54
May 2024Ovintiv USA8,9699,00610,1879,952235$80.02$2.12
Apr 2024Ovintiv USA10,32110,27211,72011,63882$85.35$1.60
Mar 2024Ovintiv USA9,7869,77312,45512,027428$81.28$1.49
Feb 2024Ovintiv USA8,0598,10710,69110,525166$77.25$1.72
Jan 2024Ovintiv USA9,5309,55412,06811,307761$74.15$3.18
Dec 2023Ovintiv USA14,03613,96715,11714,879238$71.90$2.52
Nov 2023Ovintiv USA10,15710,02912,25412,066188$77.69$2.71
Oct 2023Ovintiv USA6,1446,35811,62211,440182$85.64$2.98
Sep 2023Ovintiv USA15,98815,7689,3569,197159$89.43$2.64
Aug 2023Ovintiv USA00000$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyAndrews County

Ovintiv USA Inc. in Andrews County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km