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Texas oil lease

Producing

DR ORSON O

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

1 well

41,747bbl oil, last 12 months−31% vs prior year
Operator
Hibernia Resources IV, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-61018

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
167,978 mcf
Oil in Jul 2026
3,922 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 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for DR ORSON O, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 41,747 bbl in the 12 months through Jul 2026, against 60,584 bbl in the 12 months before.Last 12 months: 41,747 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for DR ORSON O, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 41,747 bbl in the 12 months through Jul 2026, against 60,584 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 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 O 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 O 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, Aug 2023 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 2026202420252026Changed May 2024Legacy Reserves Operating LPAug 2023 to Apr 2024Hibernia Resources IV, LLCMay 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Aug 2023 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to Jul 2026202420252026Changed May 2024Legacy Reserves Operating LPAug 2023 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 O
API numberWell no.Status
42-317-449254MHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Aug 23, 2023–
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 gasGathers100Aug 23, 2023May 15, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Aug 23, 2023May 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 O
API numberWell no.Acreson the permit
42-317-449254MH649.27

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 O
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Hibernia Resources3,9223,83716,06316,0630$80.46$2.89
Jun 2026Hibernia Resources3,1363,13714,70514,7050$84.81$3.15
May 2026Hibernia Resources3,3283,33614,50214,5020$102.13$2.94
Apr 2026Hibernia Resources2,9672,96812,17912,1790$100.32$2.77
Mar 2026Hibernia Resources3,5493,56614,73814,7380$91.38$3.04
Feb 2026Hibernia Resources3,7013,70913,56113,5610$64.51$3.62
Jan 2026Hibernia Resources3,2133,18413,19913,1990$60.04$7.72
Dec 2025Hibernia Resources3,7533,76614,35814,3580$57.97$4.26
Nov 2025Hibernia Resources3,4853,48513,54713,5470$60.06$3.79
Oct 2025Hibernia Resources3,6103,61614,66414,6640$60.89$3.19
Sep 2025Hibernia Resources3,7703,76914,61414,6140$63.96$2.97
Aug 2025Hibernia Resources3,3133,30111,84811,8480$64.86$2.91
Jul 2025Hibernia Resources4,0774,08415,00715,0070$68.39$3.20
Jun 2025Hibernia Resources4,6714,66615,43515,4350$68.17$3.02
May 2025Hibernia Resources5,0525,05214,67814,6780$62.17$3.12
Apr 2025Hibernia Resources4,2764,27810,00110,0010$63.54$3.42
Mar 2025Hibernia Resources2,1682,1746,5616,5610$68.24$4.12
Feb 2025Hibernia Resources4,2644,25211,63711,6370$71.53$4.19
Jan 2025Hibernia Resources5,7705,75315,19915,1990$75.74$4.13
Dec 2024Hibernia Resources6,9356,97816,93516,9350$70.12$3.01
Nov 2024Hibernia Resources4,0984,09510,15410,1540$69.95$2.12
Oct 2024Hibernia Resources5,5425,53811,74711,7470$71.99$2.20
Sep 2024Hibernia Resources6,5516,56513,68813,6880$70.24$2.28
Aug 2024Hibernia Resources7,1807,26614,73314,7330$76.68$1.99
Jul 2024Hibernia Resources8,7678,76416,95616,9560$81.80$2.07
Jun 2024Hibernia Resources10,53210,55916,58216,5820$79.77$2.54
May 2024Hibernia Resources10,98110,87610,80610,8060$80.02$2.12
Apr 2024Legacy Reserves8,0077,97212,19712,1840$85.35$1.60
Mar 2024Legacy Reserves10,14110,13017,18017,1650$81.28$1.49
Feb 2024Legacy Reserves10,91210,96918,60518,5881$77.25$1.72
Jan 2024Legacy Reserves14,25914,22220,45319,683753$74.15$3.18
Dec 2023Legacy Reserves16,55016,52721,14921,10445$71.90$2.52
Nov 2023Legacy Reserves14,35414,40614,39314,3930$77.69$2.71
Oct 2023Legacy Reserves28,36128,40026,41026,4100$85.64$2.98
Sep 2023Legacy Reserves29,68429,58318,02317,493530$89.43$2.64
Aug 2023Legacy Reserves1,8321,7991,4331,42211$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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