Skip to content
Royalty Clerk

Texas oil lease

Producing

WADE, GAY

Wade, Gay is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Breedlove, East (Spraberry) field.

5 wells

497bbl oil, last 12 months+30% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Breedlove, East (Spraberry)
RRC lease
08-25775

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
459 mcf
Oil in Jul 2026
34 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 3 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output rose 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 30% over the last 12 monthsMonthly oil production and gas for WADE, GAY, Aug 2023 to Jul 2026. Oil output rose 30% over the last 12 months. 497 bbl in the 12 months through Jul 2026, against 381 bbl in the 12 months before.Last 12 months: 497 bblbbl per monthmcf per month002050401006015080200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 30% over the last 12 monthsMonthly oil production and gas for WADE, GAY, Aug 2023 to Jul 2026. Oil output rose 30% over the last 12 months. 497 bbl in the 12 months through Jul 2026, against 381 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200Jan 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, GAY 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, GAY 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)

    84% · 501 mcf

  • Transmission line (2)

    16% · 94 mcf

  • Flared (4)

    0.8% · 5 mcf

0.8% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Jun 2023

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Oct 2022; Black Swan Operating, LLC, Nov 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Nov 2022Changed Jun 2023Endeavor Energy Resources L.P.Jan 2020 to Oct 2022Black Swan Operating, LLCNov 2022 to May 2023Ovintiv USA Inc.Jun 2023 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Oct 2022; Black Swan Operating, LLC, Nov 2022 to May 2023; Ovintiv USA Inc., Jun 2023 to Jul 20262020202120222023202420252026Changed Nov 2022Changed Jun 2023Endeavor Energy Resources L.P.Jan 2020 to Oct 2022Black Swan Operating, LLCNov 2022 to May 2023Ovintiv USA Inc.Jun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on WADE, GAY
API numberWell no.Status
42-317-321211Active
42-317-321282Active
42-317-321293Active
42-317-321584Active
42-317-321665Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2026–
Plains Marketing, L.p.OilGathers100Jan 1, 2023Aug 1, 2026
Wtg North Permian Midstream LLCCasinghead gasGathers100Nov 1, 2022Jan 1, 2023
Wtg North Permian Midstream LLCCasinghead gasBuys100Nov 1, 2022Jan 1, 2023
Oasis Transp & Marketing Corp.OilGathers100Feb 1, 2009Jan 1, 2023

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

Who buys my oilOil price check

1,266 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,226 and 1,266 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Wade, Gay
API numberWell no.Acreson the permit
42-317-3216651,266
42-317-3215841,266
42-317-321584A1,266
42-317-3212931,266
42-317-3212821,266
42-317-3212111,226

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, GAY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA34039390$80.46$2.89
Jun 2026Ovintiv USA35043430$84.81$3.15
May 2026Ovintiv USA42051510$102.13$2.94
Apr 2026Ovintiv USA3819054540$100.32$2.77
Mar 2026Ovintiv USA37063630$91.38$3.04
Feb 2026Ovintiv USA40036360$64.51$3.62
Jan 2026Ovintiv USA38044440$60.04$7.72
Dec 2025Ovintiv USA40065650$57.97$4.26
Nov 2025Ovintiv USA5319064640$60.06$3.79
Oct 2025Ovintiv USA460000$60.89$3.19
Sep 2025Ovintiv USA470000$63.96$2.97
Aug 2025Ovintiv USA470000$64.86$2.91
Jul 2025Ovintiv USA4778000$68.39$3.20
Jun 2025Ovintiv USA160000$68.17$3.02
May 2025Ovintiv USA50110$62.17$3.12
Apr 2025Ovintiv USA190000$63.54$3.42
Mar 2025Ovintiv USA38190000$68.24$4.12
Feb 2025Ovintiv USA340000$71.53$4.19
Jan 2025Ovintiv USA330000$75.74$4.13
Dec 2024Ovintiv USA380000$70.12$3.01
Nov 2024Ovintiv USA380000$69.95$2.12
Oct 2024Ovintiv USA43162000$71.99$2.20
Sep 2024Ovintiv USA340000$70.24$2.28
Aug 2024Ovintiv USA360000$76.68$1.99
Jul 2024Ovintiv USA190000$81.80$2.07
Jun 2024Ovintiv USA500000$79.77$2.54
May 2024Ovintiv USA40171000$80.02$2.12
Apr 2024Ovintiv USA340000$85.35$1.60
Mar 2024Ovintiv USA660000$81.28$1.49
Feb 2024Ovintiv USA37186000$77.25$1.72
Jan 2024Ovintiv USA4401351350$74.15$3.18
Dec 2023Ovintiv USA390505$71.90$2.52
Nov 2023Ovintiv USA420202$77.69$2.71
Oct 2023Ovintiv USA37021021$85.64$2.98
Sep 2023Ovintiv USA4116814014$89.43$2.64
Aug 2023Ovintiv USA220606$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.FieldBreedlove, East (Spraberry)CountyMartin County

Ovintiv USA Inc. in Martin County

All Ovintiv USA Inc. leases →

Breedlove, East (Spraberry) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km