Texas oil lease
ProducingBALMORHEA 2580
Balmorhea 2580 is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
5 wells
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-62759
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 503,384 mcf
- Oil in Jul 2026
- 27,921 bbl
Production by month
Oil output fell 65% 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 50.0% of the gas in Aug 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
71% · 355,600 mcf
Transmission line (2)
24% · 121,864 mcf
Flared (4)
5.0% · 25,342 mcf
Lease fuel (1)
0.1% · 578 mcf
5.0% of the gas flared in the last 12 months. 8 months above 3%.
5 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-45914 | 109HF | Active |
| 42-317-45916 | 108HC | Active |
| 42-317-45917 | 111HD | Active |
| 42-317-45918 | 110HL | Active |
| 42-317-45919 | 112HJ | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | Aug 28, 2024 |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Aug 28, 2024 |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Aug 28, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
658.75 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-45914 | 109HF | Feb 27, 2024 | Aug 31, 2024 | 658.75 |
| 42-317-45916 | 108HC | Feb 27, 2024 | Aug 28, 2024 | 658.75 |
| 42-317-45917 | 111HD | Feb 27, 2024 | Aug 31, 2024 | 658.75 |
| 42-317-45918 | 110HL | Feb 27, 2024 | Aug 31, 2024 | 658.75 |
| 42-317-45919 | 112HJ | Feb 27, 2024 | Aug 31, 2024 | 658.75 |
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 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
24 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 27,921 | 27,925 | 66,754 | 65,600 | 1,084 | $80.46 | $2.89 |
| Jun 2026 | 29,267 | 29,266 | 58,995 | 58,937 | 2 | $84.81 | $3.15 |
| May 2026 | 30,015 | 30,016 | 63,003 | 62,927 | 10 | $102.13 | $2.94 |
| Apr 2026 | 33,795 | 33,795 | 68,166 | 68,102 | 0 | $100.32 | $2.77 |
| Mar 2026 | 34,894 | 34,889 | 61,983 | 61,729 | 196 | $91.38 | $3.04 |
| Feb 2026 | 34,015 | 34,009 | 49,368 | 43,518 | 5,803 | $64.51 | $3.62 |
| Jan 2026 | 39,637 | 39,621 | 39,598 | 30,986 | 8,567 | $60.04 | $7.72 |
| Dec 2025 | 38,655 | 38,660 | 30,758 | 27,010 | 3,712 | $57.97 | $4.26 |
| Nov 2025 | 36,259 | 36,247 | 24,087 | 20,204 | 3,853 | $60.06 | $3.79 |
| Oct 2025 | 18,036 | 18,008 | 12,711 | 11,052 | 1,636 | $60.89 | $3.19 |
| Sep 2025 | 1,060 | 1,171 | 2,080 | 2,053 | 12 | $63.96 | $2.97 |
| Aug 2025 | 17,768 | 17,816 | 25,881 | 25,346 | 467 | $64.86 | $2.91 |
| Jul 2025 | 47,889 | 47,870 | 59,465 | 56,245 | 3,125 | $68.39 | $3.20 |
| Jun 2025 | 49,592 | 49,617 | 63,282 | 62,611 | 587 | $68.17 | $3.02 |
| May 2025 | 57,550 | 57,559 | 70,675 | 70,060 | 523 | $62.17 | $3.12 |
| Apr 2025 | 60,344 | 60,350 | 74,911 | 74,765 | 50 | $63.54 | $3.42 |
| Mar 2025 | 74,007 | 74,053 | 90,116 | 89,531 | 481 | $68.24 | $4.12 |
| Feb 2025 | 76,693 | 77,153 | 80,236 | 78,859 | 1,268 | $71.53 | $4.19 |
| Jan 2025 | 95,799 | 95,375 | 77,098 | 76,562 | 451 | $75.74 | $4.13 |
| Dec 2024 | 116,912 | 116,889 | 97,934 | 91,470 | 6,365 | $70.12 | $3.01 |
| Nov 2024 | 149,847 | 149,849 | 112,495 | 111,259 | 1,129 | $69.95 | $2.12 |
| Oct 2024 | 166,201 | 166,072 | 110,485 | 107,701 | 2,670 | $71.99 | $2.20 |
| Sep 2024 | 88,558 | 88,433 | 50,542 | 49,817 | 632 | $70.24 | $2.28 |
| Aug 2024 | 2 | 2 | 2 | 1 | 1 | $76.68 | $1.99 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
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Nearby
This lease belongs to
Ovintiv USA Inc. in Martin County
- EL RANCHO W 86D
259,529 bbl
- FOLSOM
195,072 bbl
- BALMORHEA 258N
256,170 bbl
- EL RANCHO W 86A
245,778 bbl
- DOROTHY FAYE-K-
160,126 bbl
- VALENTINE 254A
210,507 bbl
- DUFFMAN 253L
201,381 bbl
- PRESIDIO 254G
188,659 bbl
- BROKEN SPOKE W 17A
194,210 bbl
- LADY BIRD 22-14
183,805 bbl
Spraberry (Trend Area) field
- BLACK LAGOON 2-3 UNIT 2
315,515 bbl
- FASKEN-EVANS 11C
334,661 bbl
- WHITTENBURG
313,635 bbl
- WHITE 24-36 A UNIT
316,761 bbl
- ROSALIE 6-3 UNIT 2
296,218 bbl
- FREDERICKSBURG G
326,098 bbl
- BERRY
336,748 bbl
- SHACKELFORD 29-17L
346,022 bbl
- GARRETT A
305,736 bbl
- FENDER F
319,898 bbl
Leases within 10 km
- BREEDLOVE, F. D., -B-
155 bbl · 0 km
- BALMORHEA 258N
256,170 bbl · 0.3 km
- ALPINE 258Q
165,332 bbl · 0.4 km
- ALPINE 258R
115,742 bbl · 0.4 km
- BREEDLOVE, F.D.
1,254 bbl · 0.7 km
- BALMORHEA 258M
132,848 bbl · 0.7 km
- NO DOUBT 255 B
50,589 bbl · 0.7 km
- NO DOUBT 255 A
124,902 bbl · 0.7 km
- ALPINE 258S
167,974 bbl · 0.9 km
- MABEE "88"
1,107 bbl · 0.9 km
Drilling permits within 10 km
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.2 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.2 km
Permit 0918729 · Sep 21, 2026
GW WOLCOTT #R 1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.2 km
Permit 0917824 · Aug 17, 2026
BUFFALO TRACE 15-6 #2WA
new drill · horizontal · Burleson Petroleum, Inc. · Dawson County · 9.5 km
Permit 0917499 · Aug 3, 2026
STAR PARTY 253Q #106HC
new drill · horizontal · Ovintiv USA Inc. · Martin County · 9.3 km
Permit 0916705 · Jul 27, 2026