Texas oil lease
ProducingWADE ESTATE "A3"
Wade Estate "A3" is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
2 wells
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-41390
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 1,211 mcf
- Oil in Jul 2026
- 117 bbl
Production by month
Oil output rose 51% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
65% · 791 mcf
Flared (4)
18% · 218 mcf
Transmission line (2)
17% · 202 mcf
18.0% of the gas flared in the last 12 months. 26 months above 3%.
Who has run this lease
The operator changed once, most recently in Jun 2023
- Ovintiv USA Inc. Jun 2023 to now
- Black Swan Operating, LLC Jan 2020 to May 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-36183 | 1 | Active |
| 42-317-37948 | 2 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 50 | Aug 1, 2026 | – |
| Gulfmark Energy, Inc. | Oil | Gathers | 50 | Aug 1, 2026 | – |
| Gulfmark Energy, Inc. | Oil | Gathers | 100 | Dec 1, 2023 | Aug 1, 2026 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 50 | Dec 1, 2020 | Dec 1, 2023 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 50 | Dec 1, 2020 | Dec 1, 2023 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 50 | Dec 1, 2020 | Dec 1, 2023 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 50 | Dec 1, 2020 | Dec 1, 2023 |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 50 | Dec 1, 2020 | Dec 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
181.20 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 177.5 and 181.2 acres. Use the acres from your own division order for the well you are paid on.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-37948 | 2 | Jun 27, 2012 | Nov 1, 2012 | 181.20 |
| 42-317-36183 | 1 | Jul 29, 2010 | Apr 25, 2011 | 177.50 |
What Ovintiv Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $100.69 | $1.71 | $92.75 | SEC filing |
| Q1 2026 | $72.62 | $3.14 | $18.12 | SEC filing |
| Q4 2025 | $59.55 | $2.65 | $32.76 | SEC filing |
| Q3 2025 | $66.22 | $1.79 | $16.91 | SEC filing |
| Q2 2025 | $64.50 | $2.24 | $60.79 | SEC filing |
| Q1 2025 | $71.79 | $2.98 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Ovintiv USA | 117 | 104 | 121 | 103 | 18 | $80.46 | $2.89 |
| Jun 2026Ovintiv USA | 135 | 152 | 138 | 108 | 30 | $84.81 | $3.15 |
| May 2026Ovintiv USA | 141 | 128 | 152 | 94 | 58 | $102.13 | $2.94 |
| Apr 2026Ovintiv USA | 101 | 109 | 75 | 68 | 7 | $100.32 | $2.77 |
| Mar 2026Ovintiv USA | 81 | 108 | 97 | 87 | 10 | $91.38 | $3.04 |
| Feb 2026Ovintiv USA | 155 | 153 | 106 | 81 | 25 | $64.51 | $3.62 |
| Jan 2026Ovintiv USA | 115 | 109 | 95 | 65 | 30 | $60.04 | $7.72 |
| Dec 2025Ovintiv USA | 123 | 113 | 99 | 83 | 16 | $57.97 | $4.26 |
| Nov 2025Ovintiv USA | 163 | 153 | 84 | 70 | 14 | $60.06 | $3.79 |
| Oct 2025Ovintiv USA | 138 | 138 | 92 | 86 | 6 | $60.89 | $3.19 |
| Sep 2025Ovintiv USA | 225 | 221 | 93 | 89 | 4 | $63.96 | $2.97 |
| Aug 2025Ovintiv USA | 170 | 177 | 59 | 59 | 0 | $64.86 | $2.91 |
| Jul 2025Ovintiv USA | 160 | 176 | 150 | 5 | 145 | $68.39 | $3.20 |
| Jun 2025Ovintiv USA | 127 | 97 | 137 | 25 | 112 | $68.17 | $3.02 |
| May 2025Ovintiv USA | 74 | 91 | 79 | 5 | 74 | $62.17 | $3.12 |
| Apr 2025Ovintiv USA | 70 | 76 | 7 | 7 | 0 | $63.54 | $3.42 |
| Mar 2025Ovintiv USA | 129 | 110 | 100 | 0 | 100 | $68.24 | $4.12 |
| Feb 2025Ovintiv USA | 123 | 111 | 89 | 10 | 79 | $71.53 | $4.19 |
| Jan 2025Ovintiv USA | 117 | 112 | 645 | 112 | 533 | $75.74 | $4.13 |
| Dec 2024Ovintiv USA | 32 | 55 | 347 | 8 | 339 | $70.12 | $3.01 |
| Nov 2024Ovintiv USA | 72 | 71 | 192 | 0 | 192 | $69.95 | $2.12 |
| Oct 2024Ovintiv USA | 94 | 91 | 166 | 2 | 164 | $71.99 | $2.20 |
| Sep 2024Ovintiv USA | 107 | 81 | 168 | 30 | 138 | $70.24 | $2.28 |
| Aug 2024Ovintiv USA | 0 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Ovintiv USA | 0 | 3 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Ovintiv USA | 6 | 29 | 34 | 3 | 31 | $79.77 | $2.54 |
| May 2024Ovintiv USA | 76 | 68 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Ovintiv USA | 80 | 90 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Ovintiv USA | 76 | 84 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Ovintiv USA | 112 | 171 | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Ovintiv USA | 276 | 269 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Ovintiv USA | 251 | 203 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Ovintiv USA | 129 | 159 | 5 | 0 | 5 | $77.69 | $2.71 |
| Oct 2023Ovintiv USA | 295 | 309 | 44 | 0 | 44 | $85.64 | $2.98 |
| Sep 2023Ovintiv USA | 279 | 336 | 51 | 0 | 51 | $89.43 | $2.64 |
| Aug 2023Ovintiv USA | 149 | 84 | 51 | 0 | 51 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Ovintiv USA Inc. in Martin County
- SLAUGHTER, ELMA L., -E-
1,907 bbl
- MIMMS "2"
1,863 bbl
- HYATT 254
1,733 bbl
- DEATHERAGE '23'
1,702 bbl
- SHOOK, HOMER L. -A-
1,812 bbl
- RAWLINGS "43"
1,811 bbl
- VOGLER
1,633 bbl
- HIGHTOWER 21
1,585 bbl
- HYATT -K-
1,571 bbl
- FREEMAN 22
1,425 bbl
Spraberry (Trend Area) field
- MIDKIFF "A"
1,396 bbl
- HITCHCOCK '45'
1,479 bbl
- LARGESSE 8B
1,610 bbl
- MCMURRY-CRIM 50
1,192 bbl
- BODINE 6
1,651 bbl
- CLARK
1,288 bbl
- ESTES
1,517 bbl
- SHORTES
1,126 bbl
- MIDKIFF "B"
1,669 bbl
- DONNA A
1,538 bbl
Leases within 10 km
- FREEMAN 22
1,425 bbl · 0.7 km
- DRUM 23
2,619 bbl · 0.8 km
- GAYNELLE 24
2,238 bbl · 1 km
- LOFTIN 7
4,855 bbl · 1.1 km
- MIMMS "2"
1,863 bbl · 1.1 km
- WADE, GAY -8-
251 bbl · 1.4 km
- WADE, GAY
497 bbl · 1.4 km
- HIGHTOWER 21
1,585 bbl · 1.4 km
- CORRIGAN
666 bbl · 1.5 km
- SNELL, LABOR
197 bbl · 1.5 km
Drilling permits within 10 km
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0918729 · Sep 21, 2026
GW WOLCOTT #R 1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.6 km
Permit 0917824 · Aug 17, 2026
STAR PARTY 253Q #106HC
new drill · horizontal · Ovintiv USA Inc. · Martin County · 4 km
Permit 0916705 · Jul 27, 2026
STAR PARTY 253Q #107HG
new drill · horizontal · Ovintiv USA Inc. · Martin County · 4 km
Permit 0916703 · Jul 27, 2026