Extrxct
Menu
CountiesOperatorsPermitsFind my leaseRoyalty estimatorGuidesResources
Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / RED BUD W UNIT

RED BUD W UNIT

RRC oil lease 59232, district 10 · SPRABERRY (TREND AREA) field · Martin County · operated by OVINTIV USA INC.

RED BUD W UNIT at a glance

Oil output in Mar 2026–May 2026 was down 21% from the same three months a year earlier. Over the last 12 months it reported 152,895 BBL of oil and 187,453 MCF of gas. In May 2026, the latest month not marked provisional, it reported 12,348 BBL and 11,164 MCF.

152.9KBBL oil, last 12 months▼ 33% vs prior 12
187.5KMCF gas, last 12 months▼ 45% vs prior 12
$1,234.52est. gross royalty for May 2026 at decimal
51new permits in Martin County this month

Royalty = (12,348 BBL × $97.31 WTI, Sep 2026, EIA + 11,164 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

020K40K60K80KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

020K40K60KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

RED BUD W UNIT production history in brief

By oil-equivalent volume over the last 12 months, RED BUD W UNIT ranks #545 of 5,078 reporting leases in Martin County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak oil month in that window was Oct 2023 at 61,692 BBL. The lease is in the SPRABERRY (TREND AREA) field and is operated by OVINTIV USA INC.; production is reported for the lease as a whole, not per well.

Watch RED BUD W UNIT. Get one email when RRC publishes new production or a new drilling permit for this lease. Free; unsubscribe any time.

We store your email and this lease only to send these alerts. Privacy.

New permits nearby

New drilling permits issued this month in Martin County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 A1JM9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 A1LS9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 B1WB9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 C1DN9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 D1MS9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 E2LS9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 F2JM9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 F2WB9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 G2DN9,700
2026-10-14DIAMONDBACK E&P LLCTATE 11-10 I3JM11,000

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)13,19713,669
Jun 2026 (provisional)12,56412,987
May 202612,34811,164
Apr 202613,98912,077
Mar 202613,24610,936
Feb 202612,21410,272
Jan 202614,73412,263
Dec 202511,6059,209
Nov 20258,44414,942
Oct 202513,39926,672
Sep 202513,12425,480
Aug 202514,03127,782
Jul 202514,86726,955
Jun 202515,63727,309
May 202514,99025,590
Apr 202516,92128,307
Mar 202518,00127,122
Feb 202518,03024,920
Jan 202512,55819,173
Dec 202419,68630,405
Nov 202420,61830,814
Oct 202422,99534,058
Sep 202423,77532,059
Aug 202429,10034,901
Jul 202429,73528,756
Jun 202416,75616,423
May 202420,26120,126
Apr 202428,64827,977
Mar 202434,30430,521
Feb 202436,10832,344
Jan 202443,55935,907
Dec 202349,32541,569
Nov 202355,34142,525
Oct 202361,69242,051
Sep 202361,06335,931
Aug 202342,67526,098

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 59232). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.