Texas oil lease
ProducingBALMORHEA 258N
Balmorhea 258N 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
- 08-62580
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 412,639 mcf
- Oil in Jul 2026
- 18,840 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 36.8% 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)
72% · 297,709 mcf
Transmission line (2)
22% · 90,571 mcf
Flared (4)
5.8% · 23,836 mcf
Lease fuel (1)
0.1% · 523 mcf
5.8% of the gas flared in the last 12 months. 8 months above 3%.
5 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-45907 | 103HL | Active |
| 42-317-45908 | 104HF | Active |
| 42-317-45911 | 105HD | Active |
| 42-317-45912 | 106HR | Active |
| 42-317-45915 | 107HJ | 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 |
|---|---|---|---|---|
| 42-317-45907 | 103HL | Feb 27, 2024 | Aug 28, 2024 | 658.75 |
| 42-317-45908 | 104HF | Feb 27, 2024 | Aug 28, 2024 | 658.75 |
| 42-317-45911 | 105HD | Feb 27, 2024 | Aug 28, 2024 | 658.75 |
| 42-317-45912 | 106HR | Feb 27, 2024 | Aug 28, 2024 | 658.75 |
| 42-317-45915 | 107HJ | Feb 27, 2024 | Aug 28, 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 | 18,840 | 18,842 | 42,316 | 41,585 | 687 | $80.46 | $2.89 |
| Jun 2026 | 19,172 | 19,175 | 43,796 | 43,754 | 0 | $84.81 | $3.15 |
| May 2026 | 20,570 | 20,570 | 46,873 | 46,817 | 7 | $102.13 | $2.94 |
| Apr 2026 | 23,715 | 23,712 | 45,151 | 45,107 | 0 | $100.32 | $2.77 |
| Mar 2026 | 22,221 | 22,221 | 46,411 | 46,221 | 147 | $91.38 | $3.04 |
| Feb 2026 | 23,467 | 23,460 | 42,796 | 37,726 | 5,029 | $64.51 | $3.62 |
| Jan 2026 | 25,840 | 25,831 | 32,443 | 25,389 | 7,018 | $60.04 | $7.72 |
| Dec 2025 | 25,940 | 25,948 | 29,037 | 25,498 | 3,504 | $57.97 | $4.26 |
| Nov 2025 | 27,758 | 27,760 | 28,309 | 23,746 | 4,528 | $60.06 | $3.79 |
| Oct 2025 | 18,915 | 18,993 | 17,875 | 15,544 | 2,299 | $60.89 | $3.19 |
| Sep 2025 | 8,883 | 8,909 | 5,390 | 5,317 | 35 | $63.96 | $2.97 |
| Aug 2025 | 20,849 | 20,813 | 32,242 | 31,576 | 582 | $64.86 | $2.91 |
| Jul 2025 | 30,611 | 30,611 | 54,650 | 51,690 | 2,872 | $68.39 | $3.20 |
| Jun 2025 | 35,965 | 35,990 | 73,658 | 72,874 | 685 | $68.17 | $3.02 |
| May 2025 | 43,943 | 43,942 | 83,866 | 83,139 | 619 | $62.17 | $3.12 |
| Apr 2025 | 43,414 | 43,425 | 73,220 | 73,077 | 49 | $63.54 | $3.42 |
| Mar 2025 | 55,355 | 55,347 | 85,074 | 84,520 | 455 | $68.24 | $4.12 |
| Feb 2025 | 44,438 | 44,784 | 47,235 | 46,425 | 746 | $71.53 | $4.19 |
| Jan 2025 | 66,427 | 66,145 | 106,390 | 105,649 | 623 | $75.74 | $4.13 |
| Dec 2024 | 85,789 | 85,774 | 92,061 | 85,984 | 5,982 | $70.12 | $3.01 |
| Nov 2024 | 111,161 | 111,159 | 97,249 | 96,179 | 978 | $69.95 | $2.12 |
| Oct 2024 | 121,233 | 121,183 | 86,011 | 83,843 | 2,079 | $71.99 | $2.20 |
| Sep 2024 | 94,648 | 94,853 | 58,400 | 57,566 | 729 | $70.24 | $2.28 |
| Aug 2024 | 2,497 | 2,157 | 1,721 | 838 | 634 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Ovintiv USA Inc. in Martin County
- EL RANCHO W 86D
259,529 bbl
- FOLSOM
195,072 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
- PRESIDIO 254F
191,887 bbl
Spraberry (Trend Area) field
- HEIDELBERG 30-31 J
258,829 bbl
- COLT 45
157,548 bbl
- KATHERINE A
268,408 bbl
- SIMONS-ELROD 34L
263,153 bbl
- SHACKELFORD 9DC
252,795 bbl
- SALE-YARBROUGH 33H
260,069 bbl
- TRUE GRIT 16-17 J
253,615 bbl
- GUARDIAN EAST 250 N
260,473 bbl
- VALENCIA 10-8 A UNIT
248,023 bbl
- OVERTON B UNIT
264,416 bbl
Leases within 10 km
- BALMORHEA 2580
341,322 bbl · 0.2 km
- BALMORHEA 258M
132,848 bbl · 0.3 km
- NO DOUBT 255 B
50,589 bbl · 0.3 km
- NO DOUBT 255 A
124,902 bbl · 0.3 km
- NO DIGGITY 255 B
110,356 bbl · 0.5 km
- BREEDLOVE, F. D., -B-
155 bbl · 0.5 km
- NO DIGGITY 255 A
78,613 bbl · 0.5 km
- MABEE "88"
1,107 bbl · 0.6 km
- LEMBERGER
4,769 bbl · 0.7 km
- ALPINE 258Q
165,332 bbl · 0.8 km
Drilling permits within 10 km
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.3 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.3 km
Permit 0918729 · Sep 21, 2026
GW WOLCOTT #R 1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 7.3 km
Permit 0917824 · Aug 17, 2026
BUFFALO TRACE 15-6 #2WA
new drill · horizontal · Burleson Petroleum, Inc. · Dawson County · 9.4 km
Permit 0917499 · Aug 3, 2026
STAR PARTY 253QQ #105HR
new drill · horizontal · Ovintiv USA Inc. · Martin County · 9.2 km
Permit 0916702 · Jul 27, 2026