BROKEN SPOKE W 17B
BROKEN SPOKE W 17B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 233,043 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.4M, with roughly $3.5M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 14,096 barrels a month, about 7,048 per wellbore. Its strongest month on the record we hold was March 2025, at 26,625 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BROKEN SPOKE W 17B
- Who operates BROKEN SPOKE W 17B?
- BROKEN SPOKE W 17B is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is BROKEN SPOKE W 17B?
- BROKEN SPOKE W 17B is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63169.
- Is BROKEN SPOKE W 17B still producing?
- BROKEN SPOKE W 17B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROKEN SPOKE W 17B is August 2026.
- How much has BROKEN SPOKE W 17B produced?
- BROKEN SPOKE W 17B has reported 233,043 barrels of oil (bbl) to the Railroad Commission of Texas between February 2025 and August 2026, from 2 wellbores.
- How much is BROKEN SPOKE W 17B worth?
- The remaining production from BROKEN SPOKE W 17B is estimated to be worth about $4.4M in total as of 27 August 2026, within a range of $3.6M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROKEN SPOKE W 17B is a fraction of it. The estimate fits an Arps decline curve to the production BROKEN SPOKE W 17B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROKEN SPOKE W 17B is an estimate of value, not an offer and not an appraisal.
- How much income does BROKEN SPOKE W 17B generate in a year?
- BROKEN SPOKE W 17B is forecast to net about $3.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BROKEN SPOKE W 17B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 63169 |
| Wellbores | 2 |
| Reported production | 233,043 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where BROKEN SPOKE W 17B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.