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Texas oil lease

Producing

BALMORHEA 258M

Balmorhea 258M is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

132,848bbl oil, last 12 months−61% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62570

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
337,623 mcf
Oil in Jul 2026
6,588 bbl

Production by month

Oil output fell 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for BALMORHEA 258M, Aug 2024 to Jul 2026. Oil output fell 61% over the last 12 months. 132,848 bbl in the 12 months through Jul 2026, against 344,670 bbl in the 12 months before.Last 12 months: 132,848 bblbbl per monthmcf per month0020k20k40k40k60k60k80k80kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for BALMORHEA 258M, Aug 2024 to Jul 2026. Oil output fell 61% over the last 12 months. 132,848 bbl in the 12 months through Jul 2026, against 344,670 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k20k40k40k60k60k80k80kJan 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 21.6% 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 BALMORHEA 258M gas by disposition code each month, Aug 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 21.6% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 21.6%Oct 24Jan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of BALMORHEA 258M gas by disposition code each month, Aug 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 21.6% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 21.6%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    79% · 267,995 mcf

  • Transmission line (2)

    14% · 47,222 mcf

  • Flared (4)

    6.5% · 21,818 mcf

  • Lease fuel (1)

    0.2% · 588 mcf

6.5% of the gas flared in the last 12 months. 7 months above 3%.

2 wells on this lease

Wells on BALMORHEA 258M
API numberWell no.Status
42-317-45031101HCActive
42-317-45032102HJActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Aug 31, 2024
Energy Transfer CompanyCasinghead gasBuys100Aug 31, 2024
Energy Transfer CompanyCasinghead gasGathers100Aug 31, 2024

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

Who buys my oilOil price check

818.75 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.

Check your decimal on this lease
Permits for Balmorhea 258M
API numberWell no.Acreson the permit
42-317-45031101HC818.75
42-317-45032102HJ818.75

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

24 months, newest first

Ledger for BALMORHEA 258M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,5886,58924,54024,115399$80.46$2.89
Jun 20266,7826,77924,51124,4871$84.81$3.15
May 20265,6125,61722,76322,7354$102.13$2.94
Apr 20268,3698,37330,17830,1500$100.32$2.77
Mar 202610,86710,86435,29335,149111$91.38$3.04
Feb 20269,8609,86028,83825,4213,389$64.51$3.62
Jan 202612,65212,64829,11822,7866,300$60.04$7.72
Dec 202511,98811,99524,48121,4962,955$57.97$4.26
Nov 202515,84615,86326,54722,2694,246$60.06$3.79
Oct 202517,57417,72127,81724,1893,578$60.89$3.19
Sep 202513,63513,53926,52026,166168$63.96$2.97
Aug 202513,07513,03637,01736,254667$64.86$2.91
Jul 202514,52514,52439,52937,3882,078$68.39$3.20
Jun 202516,50816,51342,01741,570391$68.17$3.02
May 202518,06218,06437,43437,109277$62.17$3.12
Apr 202518,83418,83539,69039,61227$63.54$3.42
Mar 202522,81422,82538,52938,279206$68.24$4.12
Feb 202522,09922,27638,15137,497603$71.53$4.19
Jan 202533,88933,74742,62642,330249$75.74$4.13
Dec 202444,36744,35352,86449,3753,435$70.12$3.01
Nov 202454,13254,13643,07542,601433$69.95$2.12
Oct 202461,69661,65441,36740,3241,000$71.99$2.20
Sep 202437,74437,69122,58622,262283$70.24$2.28
Aug 202400000$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

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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