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Texas oil lease

Producing

DENALI 48E

Denali 48E is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

38,431bbl oil, last 12 months−14% vs prior year
Operator
Ovintiv USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-57701

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
229,379 mcf
Oil in Jul 2026
2,887 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for DENALI 48E, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 38,431 bbl in the 12 months through Jul 2026, against 44,518 bbl in the 12 months before.Last 12 months: 38,431 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for DENALI 48E, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 38,431 bbl in the 12 months through Jul 2026, against 44,518 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 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 35.5% of the gas in May 2024.

  • 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 DENALI 48E gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 35.5% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 35.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of DENALI 48E gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 35.5% of the gas in May 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 35.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    81% · 185,143 mcf

  • Transmission line (2)

    17% · 38,919 mcf

  • Flared (4)

    2.1% · 4,715 mcf

  • Lease fuel (1)

    0.3% · 602 mcf

2.1% of the gas flared in the last 12 months. 16 months above 3%.

2 wells on this lease

Wells on DENALI 48E
API numberWell no.Status
42-227-411512HFActive
42-227-411531HJActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Dec 5, 2021
Enterprise Products Operating LLCCasinghead gasBuys100Dec 5, 2021
Enterprise Products Operating LLCCasinghead gasGathers100Dec 5, 2021

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

Who buys my oilOil price check

635.33 acres on the newest permit

An allocation well is on this lease

Permits for Denali 48E
API numberWell no.Acreson the permit
42-227-411512HF635.33
42-227-411531HJ635.33

SourceRailroad Commission drilling permits, Sep 26, 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

36 months, newest first

Ledger for DENALI 48E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8872,87919,14018,140949$80.46$2.89
Jun 20263,0703,08219,94019,034854$84.81$3.15
May 20262,9392,90919,94119,8850$102.13$2.94
Apr 20263,0103,01118,24718,105100$100.32$2.77
Mar 20262,8102,81419,79619,68066$91.38$3.04
Feb 20263,5773,62520,45520,4080$64.51$3.62
Jan 20263,4613,41320,28820,062175$60.04$7.72
Dec 20253,7253,73619,74519,61185$57.97$4.26
Nov 20253,1613,18123,62123,49560$60.06$3.79
Oct 20253,2833,24813,91113,8700$60.89$3.19
Sep 20253,1403,18416,05414,9871,024$63.96$2.97
Aug 20253,3683,31918,24116,7851,402$64.86$2.91
Jul 20253,6013,64018,42118,30862$68.39$3.20
Jun 20253,1663,12517,23416,957230$68.17$3.02
May 20252,6162,64817,93717,8870$62.17$3.12
Apr 20253,6903,72519,04318,9910$63.54$3.42
Mar 20254,1404,08319,96118,0131,886$68.24$4.12
Feb 20254,0144,02618,76018,62880$71.53$4.19
Jan 20254,4884,47421,09021,0340$75.74$4.13
Dec 20243,8823,93313,01712,9810$70.12$3.01
Nov 20244,7064,65811,85711,645181$69.95$2.12
Oct 20242,7062,6866,2245,597606$71.99$2.20
Sep 20243,1323,1629,1539,1199$70.24$2.28
Aug 20244,3774,34514,77614,009728$76.68$1.99
Jul 20243,4433,49412,05310,7731,247$81.80$2.07
Jun 20244,8064,79020,66517,4733,135$79.77$2.54
May 20245,1435,16123,94015,3708,503$80.02$2.12
Apr 20244,6184,62422,04519,7912,192$85.35$1.60
Mar 20245,3425,30425,33623,2282,039$81.28$1.49
Feb 20244,7044,69823,43720,6392,742$77.25$1.72
Jan 20244,7054,72625,36119,7105,588$74.15$3.18
Dec 20235,7295,72232,35829,2333,050$71.90$2.52
Nov 20236,4326,42732,54431,2121,257$77.69$2.71
Oct 20236,9146,92233,73833,362301$85.64$2.98
Sep 20236,9856,97734,58734,5110$89.43$2.64
Aug 20237,1477,14838,86738,7780$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyHoward County

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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