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Texas oil lease

Producing

UNIVERSITY 8-2B

University 8-2B is an oil lease in Andrews County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

45,190bbl oil, last 12 months+35% vs prior year
Operator
Ovintiv USA Inc.
County
Andrews County
Field
Spraberry (Trend Area)
RRC lease
08-56027

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
92,482 mcf
Oil in Jul 2026
3,837 bbl

Production by month

Oil output rose 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 35% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 8-2B, Aug 2023 to Jul 2026. Oil output rose 35% over the last 12 months. 45,190 bbl in the 12 months through Jul 2026, against 33,524 bbl in the 12 months before.Last 12 months: 45,190 bblbbl per monthmcf per month002,5002,5005,0005,0007,5007,50010k10kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 35% over the last 12 monthsMonthly oil production and gas for UNIVERSITY 8-2B, Aug 2023 to Jul 2026. Oil output rose 35% over the last 12 months. 45,190 bbl in the 12 months through Jul 2026, against 33,524 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5002,5005,0005,0007,5007,50010k10kJan 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 75.3% of the gas in Oct 2024.

  • 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 8-2B 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 75.3% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 75.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of UNIVERSITY 8-2B 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 75.3% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 75.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    82% · 75,543 mcf

  • Transmission line (2)

    18% · 16,508 mcf

  • Flared (4)

    0.5% · 431 mcf

0.5% of the gas flared in the last 12 months. 7 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, Mar 2021 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 202620222023202420252026Changed Jun 2023Piedra Operating, LLCMar 2021 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timePiedra Operating, LLC, Mar 2021 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 202620222023202420252026Changed Jun 2023Piedra Operating, LLCMar 2021 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 8-2B
API numberWell no.Status
42-003-482527HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers50Aug 1, 2022–
Plains Marketing, L.p.OilGathers50Aug 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys100Mar 16, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Mar 16, 2021–
Enterprise Crude Oil LLCOilGathers50Mar 16, 2021Aug 1, 2022
Sentinel Transportation, LLCOilGathers50Mar 16, 2021Aug 1, 2022

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

Who buys my oilOil price check

640 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 8-2B
API numberWell no.Acreson the permit
42-003-482527H640

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 8-2B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA3,8373,8358,2338,20825$80.46$2.89
Jun 2026Ovintiv USA3,3803,3817,9337,89835$84.81$3.15
May 2026Ovintiv USA3,7483,7598,6448,61034$102.13$2.94
Apr 2026Ovintiv USA3,6243,6117,9647,95410$100.32$2.77
Mar 2026Ovintiv USA3,7183,7177,5997,54455$91.38$3.04
Feb 2026Ovintiv USA3,6063,6076,2846,2822$64.51$3.62
Jan 2026Ovintiv USA4,2044,2038,0167,97838$60.04$7.72
Dec 2025Ovintiv USA3,3763,3746,8826,86418$57.97$4.26
Nov 2025Ovintiv USA4,0754,0758,3148,29717$60.06$3.79
Oct 2025Ovintiv USA3,9493,9497,3477,32918$60.89$3.19
Sep 2025Ovintiv USA3,9263,9367,9107,9082$63.96$2.97
Aug 2025Ovintiv USA3,7473,7327,3567,179177$64.86$2.91
Jul 2025Ovintiv USA3,8803,8807,2217,2192$68.39$3.20
Jun 2025Ovintiv USA4,0094,0076,8646,84420$68.17$3.02
May 2025Ovintiv USA3,9143,9146,6106,6037$62.17$3.12
Apr 2025Ovintiv USA4,1354,1317,0016,9974$63.54$3.42
Mar 2025Ovintiv USA4,1284,1786,7186,7180$68.24$4.12
Feb 2025Ovintiv USA005,1785,1780$71.53$4.19
Jan 2025Ovintiv USA007,4677,4670$75.74$4.13
Dec 2024Ovintiv USA005,6785,6780$70.12$3.01
Nov 2024Ovintiv USA001,9521,9520$69.95$2.12
Oct 2024Ovintiv USA4,5204,5336,0981,5044,594$71.99$2.20
Sep 2024Ovintiv USA4,5044,4875,9155,9150$70.24$2.28
Aug 2024Ovintiv USA4,4344,5256,5795,937642$76.68$1.99
Jul 2024Ovintiv USA4,6624,6606,0556,0496$81.80$2.07
Jun 2024Ovintiv USA3,7723,7464,8884,771117$79.77$2.54
May 2024Ovintiv USA3,9143,9795,4695,286183$80.02$2.12
Apr 2024Ovintiv USA5,0074,9886,4906,4846$85.35$1.60
Mar 2024Ovintiv USA6,5426,6698,7438,72815$81.28$1.49
Feb 2024Ovintiv USA7,1487,0589,2149,20410$77.25$1.72
Jan 2024Ovintiv USA7,9678,1949,8349,80331$74.15$3.18
Dec 2023Ovintiv USA8,4968,2649,7209,381339$71.90$2.52
Nov 2023Ovintiv USA7,7317,8797,9926,9061,086$77.69$2.71
Oct 2023Ovintiv USA5,8485,7767,1946,496698$85.64$2.98
Sep 2023Ovintiv USA6,8396,7098,2744,8063,468$89.43$2.64
Aug 2023Ovintiv USA4,7044,7445,2035,2030$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.

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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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