Skip to content
Royalty Clerk

Texas oil lease

Producing

WADE ESTATE

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

8 wells

11,303bbl oil, last 12 months−16% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-41101

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
12,115 mcf
Oil in Jul 2026
1,104 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for WADE ESTATE, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 11,303 bbl in the 12 months through Jul 2026, against 13,462 bbl in the 12 months before.Last 12 months: 11,303 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for WADE ESTATE, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 11,303 bbl in the 12 months through Jul 2026, against 13,462 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 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

Flaring peaked at 100.0% 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 WADE ESTATE 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 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of WADE ESTATE 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 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    65% · 7,929 mcf

  • Transmission line (2)

    19% · 2,263 mcf

  • Flared (4)

    16% · 1,923 mcf

15.9% of the gas flared in the last 12 months. 28 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, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Black Swan Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timeBlack Swan Operating, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Jun 2023Black Swan Operating, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on WADE ESTATE
API numberWell no.Status
42-317-36184181Active
42-317-36185141Active
42-317-36187171Active
42-317-36188241Active
42-317-36189151Active
42-317-36190161Active
42-317-38093182Active
42-317-38155172Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers50Aug 1, 2026–
Eastex Crude Company, LLCOilGathers50Dec 1, 2023Aug 1, 2026
Shell Trading (Us) CompanyOilGathers50Dec 1, 2023Aug 1, 2026
Dcp Operating Company, LPCasinghead gasGathers50Dec 1, 2020Dec 1, 2023
Wtg Gas Processing, L.p.Casinghead gasGathers50Dec 1, 2020Dec 1, 2023
Dcp Operating Company, LPCasinghead gasBuys50Dec 1, 2020Dec 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys50Dec 1, 2020Dec 1, 2023

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

Who buys my oilOil price check

960 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Wade Estate
API numberWell no.Acreson the permit
42-317-38155172960
42-317-38093182960
42-317-36184181960
42-317-36185141960
42-317-36187171960
42-317-36188241960
42-317-36189151960
42-317-36190161960

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 WADE ESTATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1,1049771,7411,487254$80.46$2.89
Jun 2026Ovintiv USA1,2691,3411,9771,561416$84.81$3.15
May 2026Ovintiv USA9859661,135702433$102.13$2.94
Apr 2026Ovintiv USA1,0021,00893885979$100.32$2.77
Mar 2026Ovintiv USA62567571463876$91.38$3.04
Feb 2026Ovintiv USA772814535409126$64.51$3.62
Jan 2026Ovintiv USA678638511351160$60.04$7.72
Dec 2025Ovintiv USA724671672558114$57.97$4.26
Nov 2025Ovintiv USA975968861712149$60.06$3.79
Oct 2025Ovintiv USA1,0479431,1361,06571$60.89$3.19
Sep 2025Ovintiv USA9821,0311,0841,04539$63.96$2.97
Aug 2025Ovintiv USA1,1401,2378118056$64.86$2.91
Jul 2025Ovintiv USA1,3021,4761,453531,400$68.39$3.20
Jun 2025Ovintiv USA1,1469781,8673421,525$68.17$3.02
May 2025Ovintiv USA1,0471,1901,083721,011$62.17$3.12
Apr 2025Ovintiv USA81365164640$63.54$3.42
Mar 2025Ovintiv USA7897717640764$68.24$4.12
Feb 2025Ovintiv USA1,2611,1671,3681481,220$71.53$4.19
Jan 2025Ovintiv USA1,5021,558826143683$75.74$4.13
Dec 2024Ovintiv USA9111,2041,335311,304$70.12$3.01
Nov 2024Ovintiv USA1,1889849270927$69.95$2.12
Oct 2024Ovintiv USA96898292011909$71.99$2.20
Sep 2024Ovintiv USA1,3051,442971176795$70.24$2.28
Aug 2024Ovintiv USA1,2301,2341,370669701$76.68$1.99
Jul 2024Ovintiv USA1,1251,1031,5812681,313$81.80$2.07
Jun 2024Ovintiv USA9128661,00396907$79.77$2.54
May 2024Ovintiv USA1,1501,041000$80.02$2.12
Apr 2024Ovintiv USA1,2501,408000$85.35$1.60
Mar 2024Ovintiv USA1,1811,034000$81.28$1.49
Feb 2024Ovintiv USA901966000$77.25$1.72
Jan 2024Ovintiv USA1,0221,028000$74.15$3.18
Dec 2023Ovintiv USA1,0231,068000$71.90$2.52
Nov 2023Ovintiv USA1,0261,02715015$77.69$2.71
Oct 2023Ovintiv USA1,7241,6482020202$85.64$2.98
Sep 2023Ovintiv USA1,0981,0643320332$89.43$2.64
Aug 2023Ovintiv USA3114492260226$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)CountyMartin County

Ovintiv USA Inc. in Martin County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km