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Texas oil lease

Producing

DR. ORSON I

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

1 well

18,127bbl oil, last 12 months−38% vs prior year
Operator
Hibernia Resources IV, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58012

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
96,959 mcf
Oil in Jul 2026
2,048 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 38% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for DR. ORSON I, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 18,127 bbl in the 12 months through Jul 2026, against 29,356 bbl in the 12 months before.Last 12 months: 18,127 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 38% over the last 12 monthsMonthly oil production and gas for DR. ORSON I, Aug 2023 to Jul 2026. Oil output fell 38% over the last 12 months. 18,127 bbl in the 12 months through Jul 2026, against 29,356 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 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 I 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 I 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, Jun 2022 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262023202420252026Changed May 2024Legacy Reserves Operating LPJun 2022 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jun 2022 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 20262023202420252026Changed May 2024Legacy Reserves Operating LPJun 2022 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 I
API numberWell no.Status
42-317-437783SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jun 19, 2022–
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
Enterprise Products Operating LLCCasinghead gasGathers100Jun 19, 2022May 15, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Jun 19, 2022May 15, 2024

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

Who buys my oilOil price check

649.27 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.

Check your decimal on this lease
Permits for DR. Orson I
API numberWell no.Acreson the permit
42-317-437783SH649.27

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for DR. ORSON I
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hibernia Resources2,0482,0039,5029,5020$80.46$2.89
Jun 2026Hibernia Resources1,9101,9107,1517,1510$84.81$3.15
May 2026Hibernia Resources2,3322,3388,1828,1820$102.13$2.94
Apr 2026Hibernia Resources00000$100.32$2.77
Mar 2026Hibernia Resources00000$91.38$3.04
Feb 2026Hibernia Resources1,2681,2716,1236,1230$64.51$3.62
Jan 2026Hibernia Resources2,2632,24211,17411,1740$60.04$7.72
Dec 2025Hibernia Resources1,9431,9459,7829,7820$57.97$4.26
Nov 2025Hibernia Resources2972972,0302,0300$60.06$3.79
Oct 2025Hibernia Resources2,3752,37915,95415,9540$60.89$3.19
Sep 2025Hibernia Resources2,5922,59117,30817,3080$63.96$2.97
Aug 2025Hibernia Resources1,0991,0959,7539,7530$64.86$2.91
Jul 2025Hibernia Resources3,0043,00923,49823,4980$68.39$3.20
Jun 2025Hibernia Resources2,3642,36215,90215,9020$68.17$3.02
May 2025Hibernia Resources2,6442,63515,79315,7930$62.17$3.12
Apr 2025Hibernia Resources2,5312,53210,58610,5860$63.54$3.42
Mar 2025Hibernia Resources2,4882,4959,3749,3740$68.24$4.12
Feb 2025Hibernia Resources1,3411,3375,6115,6110$71.53$4.19
Jan 2025Hibernia Resources2,4272,41912,34612,3460$75.74$4.13
Dec 2024Hibernia Resources2,7602,77812,28012,2800$70.12$3.01
Nov 2024Hibernia Resources2,6422,64010,12410,1240$69.95$2.12
Oct 2024Hibernia Resources1,9621,9605,4335,4330$71.99$2.20
Sep 2024Hibernia Resources2,2672,2717,6997,6990$70.24$2.28
Aug 2024Hibernia Resources2,9262,9159,5329,5320$76.68$1.99
Jul 2024Hibernia Resources2,9342,9347,5787,5780$81.80$2.07
Jun 2024Hibernia Resources2,5082,5144,0484,0480$79.77$2.54
May 2024Hibernia Resources1,4751,4612,3342,3340$80.02$2.12
Apr 2024Legacy Reserves1,3891,3944,3274,3220$85.35$1.60
Mar 2024Legacy Reserves3,7043,69912,54412,5330$81.28$1.49
Feb 2024Legacy Reserves3,7293,74812,40812,3961$77.25$1.72
Jan 2024Legacy Reserves4,8154,80313,66813,154503$74.15$3.18
Dec 2023Legacy Reserves5,7575,75214,65214,62131$71.90$2.52
Nov 2023Legacy Reserves5,8625,86613,83713,8370$77.69$2.71
Oct 2023Legacy Reserves6,6676,66612,76112,7610$85.64$2.98
Sep 2023Legacy Reserves4,7564,7904,0913,971120$89.43$2.64
Aug 2023Legacy Reserves3,0523,0626,9096,85752$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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