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Texas oil lease

Producing

UNIVERSITY 8-16

University 8-16 is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

9,124bbl oil, last 12 months
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-42271

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
17,245 mcf
Oil in Jul 2026
874 bbl

Production by month

Oil output over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production and gas for UNIVERSITY 8-16, Aug 2023 to Jul 2026. Oil output over the last 12 months. 9,124 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 9,124 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production and gas for UNIVERSITY 8-16, Aug 2023 to Jul 2026. Oil output over the last 12 months. 9,124 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 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

  • 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 8-16 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.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 8-16 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.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    75% · 13,016 mcf

  • Transmission line (2)

    25% · 4,232 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 UNIVERSITY 8-16
API numberWell no.Status
42-003-422631Shut-in
42-003-445403Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Sep 1, 2025–
Ngl Crude Logistics, LLCOilGathers50Sep 1, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers100Jul 21, 2025Sep 1, 2025
Eastex Crude Company, LLCOilGathers50Dec 1, 2023Jul 21, 2025
Shell Trading (Us) CompanyOilGathers50Dec 1, 2023Jul 21, 2025
Dcp Operating Company, LPCasinghead gasGathers100Oct 1, 2019Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Oct 1, 2019Dec 1, 2023
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2022Dec 1, 2023

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

Who buys my oilOil price check

323.75 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 323.65 and 323.75 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for University 8-16
API numberWell no.Acreson the permit
42-003-445403323.75
42-003-422631323.65

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 8-16
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA8748951,6481,6480$80.46$2.89
Jun 2026Ovintiv USA6066992,0262,0260$84.81$3.15
May 2026Ovintiv USA1,0788772,2062,2060$102.13$2.94
Apr 2026Ovintiv USA1,4151,3932,4402,4400$100.32$2.77
Mar 2026Ovintiv USA1,2271,2722,5172,5170$91.38$3.04
Feb 2026Ovintiv USA13102872870$64.51$3.62
Jan 2026Ovintiv USA95414344340$60.04$7.72
Dec 2025Ovintiv USA5493651,4101,4100$57.97$4.26
Nov 2025Ovintiv USA1,2359131,8481,8480$60.06$3.79
Oct 2025Ovintiv USA9411,4441,4541,4540$60.89$3.19
Sep 2025Ovintiv USA1,0595419759750$63.96$2.97
Aug 2025Ovintiv USA00000$64.86$2.91
Jul 2025Ovintiv USA00000$68.39$3.20
Jun 2025Ovintiv USA00330$68.17$3.02
May 2025Ovintiv USA0096960$62.17$3.12
Apr 2025Ovintiv USA0012120$63.54$3.42
Mar 2025Ovintiv USA00000$68.24$4.12
Feb 2025Ovintiv USA00000$71.53$4.19
Jan 2025Ovintiv USA00330$75.74$4.13
Dec 2024Ovintiv USA00000$70.12$3.01
Nov 2024Ovintiv USA00000$69.95$2.12
Oct 2024Ovintiv USA00000$71.99$2.20
Sep 2024Ovintiv USA00000$70.24$2.28
Aug 2024Ovintiv USA00000$76.68$1.99
Jul 2024Ovintiv USA416482000$81.80$2.07
Jun 2024Ovintiv USA629527000$79.77$2.54
May 2024Ovintiv USA428491000$80.02$2.12
Apr 2024Ovintiv USA5114531551550$85.35$1.60
Mar 2024Ovintiv USA5314834504500$81.28$1.49
Feb 2024Ovintiv USA4741943430$77.25$1.72
Jan 2024Ovintiv USA1,0461,1087517510$74.15$3.18
Dec 2023Ovintiv USA1,2601,1545115110$71.90$2.52
Nov 2023Ovintiv USA847907000$77.69$2.71
Oct 2023Ovintiv USA1,6401,404000$85.64$2.98
Sep 2023Ovintiv USA1,6781,6937347340$89.43$2.64
Aug 2023Ovintiv USA1,1501,1368918910$81.39$2.58

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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