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Texas oil lease

Producing

WINDHAM -38-

Windham -38- is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

5 wells

2,137bbl oil, last 12 months−37% vs prior year
RRC lease
08-45749

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
7,563 mcf
Oil in Jul 2026
133 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for WINDHAM -38-, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 2,137 bbl in the 12 months through Jul 2026, against 3,371 bbl in the 12 months before.Last 12 months: 2,137 bblbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for WINDHAM -38-, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 2,137 bbl in the 12 months through Jul 2026, against 3,371 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505005001,0007501,5001,0002,0001,2502,500Jan 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 5.9% of the gas in Jan 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of WINDHAM -38- 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 5.9% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 5.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of WINDHAM -38- 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 5.9% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 5.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 6,057 mcf

  • Transmission line (2)

    12% · 908 mcf

  • Lease fuel (1)

    7.4% · 561 mcf

  • Flared (4)

    0.5% · 37 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on WINDHAM -38-
API numberWell no.Status
42-329-311191Active
42-329-311212Shut-in
42-329-388913Shut-in
42-329-392774Shut-in
42-329-396095Active

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–
Gulfmark Energy, Inc.OilGathers100Apr 1, 2025Aug 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2017Apr 1, 2025
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2017Apr 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2020Apr 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2018Jun 1, 2020

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

247.10 acres on the newest permit

Permits for Windham -38-
API numberWell no.Acreson the permit
42-329-311191247.10
42-329-311212247.10
42-329-396095247.10
42-329-392774247.10
42-329-388913247.10

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 WINDHAM -38-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1331741771590$80.46$2.89
Jun 2026Ovintiv USA96646546190$84.81$3.15
May 2026Ovintiv USA791391,2231,1580$102.13$2.94
Apr 2026Ovintiv USA1831315304801$100.32$2.77
Mar 2026Ovintiv USA20128558652211$91.38$3.04
Feb 2026Ovintiv USA1291354794160$64.51$3.62
Jan 2026Ovintiv USA25817242335125$60.04$7.72
Dec 2025Ovintiv USA2703104764290$57.97$4.26
Nov 2025Ovintiv USA2311866075620$60.06$3.79
Oct 2025Ovintiv USA1131567126650$60.89$3.19
Sep 2025Ovintiv USA1861998227770$63.96$2.97
Aug 2025Ovintiv USA2582078748270$64.86$2.91
Jul 2025Ovintiv USA2794998087610$68.39$3.20
Jun 2025Ovintiv USA5113206806350$68.17$3.02
May 2025Ovintiv USA1,0619969108630$62.17$3.12
Apr 2025Ovintiv USA63257837380$63.54$3.42
Mar 2025Ovintiv USA10105870$68.24$4.12
Feb 2025Ovintiv USA19581401250$71.53$4.19
Jan 2025Ovintiv USA1332135685210$75.74$4.13
Dec 2024Ovintiv USA2501746265960$70.12$3.01
Nov 2024Ovintiv USA1492042,1832,1033$69.95$2.12
Oct 2024Ovintiv USA2732692,2532,13925$71.99$2.20
Sep 2024Ovintiv USA3153359869420$70.24$2.28
Aug 2024Ovintiv USA3173921,2071,1558$76.68$1.99
Jul 2024Ovintiv USA4535091,2871,2410$81.80$2.07
Jun 2024Ovintiv USA6605386986743$79.77$2.54
May 2024Ovintiv USA38130586682316$80.02$2.12
Apr 2024Ovintiv USA4775525315180$85.35$1.60
Mar 2024Ovintiv USA4684706306150$81.28$1.49
Feb 2024Ovintiv USA7286652152100$77.25$1.72
Jan 2024Ovintiv USA3803995595440$74.15$3.18
Dec 2023Ovintiv USA3673371,5151,4780$71.90$2.52
Nov 2023Ovintiv USA3794673573470$77.69$2.71
Oct 2023Ovintiv USA7106927577450$85.64$2.98
Sep 2023Ovintiv USA7486961,0381,0240$89.43$2.64
Aug 2023Ovintiv USA9931,0181,4321,4131$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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Nearby

Ovintiv USA Inc. in Midland County

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Spraberry (Trend Area) field

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