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Texas oil lease

Producing

DR ORSON B

Dr Orson B is an oil lease in Martin County, Texas, operated by Hibernia Resources IV, LLC in the Spraberry (Trend Area) field.

1 well

7,154bbl oil, last 12 months−33% vs prior year
Operator
Hibernia Resources IV, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-51971

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
27,880 mcf
Oil in Jul 2026
6 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Sep 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for DR ORSON B, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 7,154 bbl in the 12 months through Jul 2026, against 10,618 bbl in the 12 months before.Last 12 months: 7,154 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for DR ORSON B, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 7,154 bbl in the 12 months through Jul 2026, against 10,618 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.7% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of DR ORSON B gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.7% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of DR ORSON B gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.7% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 3.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Legacy Reserves Operating LPJan 2020 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262020202120222023202420252026Changed May 2024Legacy Reserves Operating LPJan 2020 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DR ORSON B
API numberWell no.Status
42-317-411021BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 15, 2024–
Enterprise M B Midstream LLCCasinghead gasBuys100Sep 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Sep 1, 2025–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100May 15, 2024Sep 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100May 15, 2024Sep 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Apr 1, 2023May 15, 2024
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Apr 1, 2023May 15, 2024
Ngl Crude Logistics, LLCOilGathers100Apr 1, 2023May 15, 2024
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Dec 17, 2018Apr 1, 2023

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

Who buys my oilOil price check

649.27 acres on the newest permit

An allocation well is on this lease

Permits for Dr Orson B
API numberWell no.Acreson the permit
42-317-411021BH649.27

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

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36 months, newest first

Ledger for DR ORSON B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hibernia Resources6649490$80.46$2.89
Jun 2026Hibernia Resources1,2451,2456,3026,3020$84.81$3.15
May 2026Hibernia Resources7047052,1782,1780$102.13$2.94
Apr 2026Hibernia Resources00000$100.32$2.77
Mar 2026Hibernia Resources1061075825820$91.38$3.04
Feb 2026Hibernia Resources1,0881,0914,6484,6480$64.51$3.62
Jan 2026Hibernia Resources8368282,9522,9520$60.04$7.72
Dec 2025Hibernia Resources5905852,4192,4190$57.97$4.26
Nov 2025Hibernia Resources8538533,7553,7550$60.06$3.79
Oct 2025Hibernia Resources8008012,6912,6910$60.89$3.19
Sep 2025Hibernia Resources9259252,3042,3040$63.96$2.97
Aug 2025Hibernia Resources11000$64.86$2.91
Jul 2025Hibernia Resources15615640400$68.39$3.20
Jun 2025Hibernia Resources2932942,5822,5820$68.17$3.02
May 2025Hibernia Resources4584606,3126,3120$62.17$3.12
Apr 2025Hibernia Resources98998913,14613,1460$63.54$3.42
Mar 2025Hibernia Resources1,0191,02212,92812,9280$68.24$4.12
Feb 2025Hibernia Resources91591310,25710,2570$71.53$4.19
Jan 2025Hibernia Resources1,2081,20512,45212,4520$75.74$4.13
Dec 2024Hibernia Resources1,2611,26914,06814,0680$70.12$3.01
Nov 2024Hibernia Resources1,0571,05614,50314,5030$69.95$2.12
Oct 2024Hibernia Resources1,0791,07814,17514,1750$71.99$2.20
Sep 2024Hibernia Resources1,0601,06214,50114,5010$70.24$2.28
Aug 2024Hibernia Resources1,1231,13414,01914,0190$76.68$1.99
Jul 2024Hibernia Resources96796612,63312,6330$81.80$2.07
Jun 2024Hibernia Resources1,0401,04313,00313,0030$79.77$2.54
May 2024Hibernia Resources1,2931,28013,52413,5240$80.02$2.12
Apr 2024Legacy Reserves1,1221,11614,40214,3851$85.35$1.60
Mar 2024Legacy Reserves1,3051,30315,76415,7500$81.28$1.49
Feb 2024Legacy Reserves1,2071,21210,16610,1561$77.25$1.72
Jan 2024Legacy Reserves1,4481,4417,6067,320280$74.15$3.18
Dec 2023Legacy Reserves87687810,22110,19922$71.90$2.52
Nov 2023Legacy Reserves1,5281,52820,20920,2090$77.69$2.71
Oct 2023Legacy Reserves1,3621,36522,99622,9960$85.64$2.98
Sep 2023Legacy Reserves1,7961,81520,74920,139610$89.43$2.64
Aug 2023Legacy Reserves1,4721,46220,11619,964152$81.39$2.58

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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This lease belongs to

OperatorHibernia Resources IV, LLCFieldSpraberry (Trend Area)CountyMartin County

Hibernia Resources IV, LLC in Martin County

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Spraberry (Trend Area) field

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