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Texas oil lease

Producing

VERNON 252 B

Vernon 252 B is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

43,311bbl oil, last 12 months−43% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58968

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
207,678 mcf
Oil in Jul 2026
3,024 bbl

Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for VERNON 252 B, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 43,311 bbl in the 12 months through Jul 2026, against 75,771 bbl in the 12 months before.Last 12 months: 43,311 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for VERNON 252 B, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 43,311 bbl in the 12 months through Jul 2026, against 75,771 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 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 39.0% of the gas in Aug 2023.

  • 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 VERNON 252 B 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 39.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 39.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of VERNON 252 B 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 39.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 39.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 171,515 mcf

  • Transmission line (2)

    17% · 35,831 mcf

  • Flared (4)

    0.2% · 332 mcf

0.2% of the gas flared in the last 12 months. 9 months above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timeBlack Swan Operating, LLC, Mar 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Black Swan Operating, LLCMar 2023 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timeBlack Swan Operating, LLC, Mar 2023 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 2026202420252026Changed Jun 2023Black Swan Operating, LLCMar 2023 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 VERNON 252 B
API numberWell no.Status
42-317-445325JMActive
42-317-445336WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Midland Oil Gathering LLCOilGathers100Mar 16, 2023
Wtg North Permian Midstream LLCCasinghead gasBuys100Mar 16, 2023
Wtg North Permian Midstream LLCCasinghead gasGathers100Mar 16, 2023

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

Who buys my oilOil price check

1,486.50 acres on the newest permit

An allocation well is on this lease

Permits for Vernon 252 B
API numberWell no.Acreson the permit
42-317-445325JM1,486.50
42-317-445336WA1,486.50

SourceRailroad Commission drilling permits, Sep 26, 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 VERNON 252 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA3,0243,01719,32119,3210$80.46$2.89
Jun 2026Ovintiv USA3,0663,06317,95617,9497$84.81$3.15
May 2026Ovintiv USA3,1853,20117,89117,8829$102.13$2.94
Apr 2026Ovintiv USA3,3323,34917,80317,78320$100.32$2.77
Mar 2026Ovintiv USA3,5933,60917,09617,0960$91.38$3.04
Feb 2026Ovintiv USA3,3773,36416,61316,487126$64.51$3.62
Jan 2026Ovintiv USA3,9883,98018,54018,425115$60.04$7.72
Dec 2025Ovintiv USA4,0724,05117,55117,5492$57.97$4.26
Nov 2025Ovintiv USA3,2773,29711,39811,34553$60.06$3.79
Oct 2025Ovintiv USA4,0173,99517,76017,7600$60.89$3.19
Sep 2025Ovintiv USA3,9754,01018,36318,3630$63.96$2.97
Aug 2025Ovintiv USA4,4054,38517,38617,3860$64.86$2.91
Jul 2025Ovintiv USA3,9183,90917,09217,06725$68.39$3.20
Jun 2025Ovintiv USA4,1874,16418,67018,57199$68.17$3.02
May 2025Ovintiv USA3,6973,71516,06416,03034$62.17$3.12
Apr 2025Ovintiv USA4,5864,65418,54918,5454$63.54$3.42
Mar 2025Ovintiv USA5,6465,58118,88318,86221$68.24$4.12
Feb 2025Ovintiv USA4,5254,58617,89117,85140$71.53$4.19
Jan 2025Ovintiv USA6,3216,27825,43725,4361$75.74$4.13
Dec 2024Ovintiv USA7,0817,06225,32723,2852,042$70.12$3.01
Nov 2024Ovintiv USA6,4106,46322,32322,3221$69.95$2.12
Oct 2024Ovintiv USA8,6038,61426,29526,2932$71.99$2.20
Sep 2024Ovintiv USA10,56810,53826,32426,3231$70.24$2.28
Aug 2024Ovintiv USA10,22910,23824,69024,6900$76.68$1.99
Jul 2024Ovintiv USA9,5269,52320,30320,28320$81.80$2.07
Jun 2024Ovintiv USA8,1268,09015,81814,929889$79.77$2.54
May 2024Ovintiv USA10,13210,13024,46020,7583,702$80.02$2.12
Apr 2024Ovintiv USA10,77510,77514,82014,072748$85.35$1.60
Mar 2024Ovintiv USA9,2989,24210,26410,027237$81.28$1.49
Feb 2024Ovintiv USA2,5562,5362,8072,244563$77.25$1.72
Jan 2024Ovintiv USA261340576440136$74.15$3.18
Dec 2023Ovintiv USA13,84213,94823,20522,943262$71.90$2.52
Nov 2023Ovintiv USA15,85615,85334,28732,1482,139$77.69$2.71
Oct 2023Ovintiv USA14,98615,00831,37426,8714,503$85.64$2.98
Sep 2023Ovintiv USA16,98216,91921,51620,912604$89.43$2.64
Aug 2023Ovintiv USA11,84211,95111,8417,2254,616$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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