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Texas oil lease

Producing

DENALI 48X

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

2 wells

46,628bbl oil, last 12 months−32% vs prior year
RRC lease
08-57907

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
381,299 mcf
Oil in Jul 2026
3,606 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for DENALI 48X, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 46,628 bbl in the 12 months through Jul 2026, against 68,542 bbl in the 12 months before.Last 12 months: 46,628 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for DENALI 48X, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 46,628 bbl in the 12 months through Jul 2026, against 68,542 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80k12.5k100kJan 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 48X 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 48X 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)

    83% · 315,111 mcf

  • Transmission line (2)

    15% · 57,200 mcf

  • Flared (4)

    2.1% · 7,990 mcf

  • Lease fuel (1)

    0.3% · 998 mcf

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

2 wells on this lease

Wells on DENALI 48X
API numberWell no.Status
42-227-411506HKActive
42-227-411527HFActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Dec 7, 2021
Enterprise Products Operating LLCCasinghead gasBuys100Dec 7, 2021
Enterprise Products Operating LLCCasinghead gasGathers100Dec 7, 2021

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

635.33 acres on the newest permit

An allocation well is on this lease

Permits for Denali 48X
API numberWell no.Acreson the permit
42-227-411527HF635.33
42-227-411506HK635.33

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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 48X
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,6063,57736,41034,5071,806$80.46$2.89
Jun 20263,1503,16627,86426,5991,193$84.81$3.15
May 20263,1413,13030,68830,6010$102.13$2.94
Apr 20264,1674,17738,95138,643216$100.32$2.77
Mar 20264,2714,25039,70739,476131$91.38$3.04
Feb 20264,0434,08134,06233,9850$64.51$3.62
Jan 20263,4403,40228,18527,871243$60.04$7.72
Dec 20254,1804,19131,79331,578136$57.97$4.26
Nov 20253,5383,57526,79426,65168$60.06$3.79
Oct 20254,1244,08627,24227,1620$60.89$3.19
Sep 20254,2094,27629,36227,4111,872$63.96$2.97
Aug 20254,7594,67230,24127,8272,325$64.86$2.91
Jul 20254,0964,16131,43131,240105$68.39$3.20
Jun 20254,2314,22030,37029,881405$68.17$3.02
May 20255,3755,39031,39431,3080$62.17$3.12
Apr 20255,5785,55630,03529,9540$63.54$3.42
Mar 20253,8123,78920,83018,7971,969$68.24$4.12
Feb 20255,3395,35629,16928,964124$71.53$4.19
Jan 20256,1066,10732,96132,8740$75.74$4.13
Dec 20246,3846,43649,55549,4131$70.12$3.01
Nov 20246,4536,47253,41752,462814$69.95$2.12
Oct 20247,0096,94249,98044,9534,856$71.99$2.20
Sep 20247,0997,11451,67051,47451$70.24$2.28
Aug 20247,0607,03453,61250,8302,640$76.68$1.99
Jul 20247,4967,50451,23545,7955,296$81.80$2.07
Jun 20245,4435,39033,92828,6885,148$79.77$2.54
May 20243,6703,67615,60910,0225,544$80.02$2.12
Apr 20243,0133,03812,68911,3911,262$85.35$1.60
Mar 20244,5184,55020,30218,6131,633$81.28$1.49
Feb 20248,3648,36236,48932,1314,270$77.25$1.72
Jan 20249,0119,03634,67326,9457,641$74.15$3.18
Dec 20239,8389,79943,68939,4694,120$71.90$2.52
Nov 20238,8928,89834,81533,3881,346$77.69$2.71
Oct 202310,70310,70138,35837,931342$85.64$2.98
Sep 20239,5819,58031,00230,9350$89.43$2.64
Aug 202310,72610,71433,51733,4410$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

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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