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Texas oil lease

Producing

HALE '42'

Hale '42' is an oil lease in Martin County, Texas, operated by Avid Energy Assets LLC in the Spraberry (Trend Area) field.

1 well

248bbl oil, last 12 months−28% vs prior year
Operator
Avid Energy Assets LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-42803

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Avid Energy Assets LLC took over from Ovintiv USA Inc. in Mar 2025.

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Sep 17, 2025).

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production for HALE '42', Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 248 bbl in the 12 months through Jul 2026, against 346 bbl in the 12 months before.Last 12 months: 248 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production for HALE '42', Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 248 bbl in the 12 months through Jul 2026, against 346 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 2 times, most recently in Mar 2025

Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Feb 2025; Avid Energy Assets LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Jun 2023Changed Mar 2025Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to Feb 2025Avid Energy Assets LLCMar 2025 to now
Operators of this lease over timePetrolegacy Energy II, LLC, Jan 2020 to May 2023; Ovintiv USA Inc., Jun 2023 to Feb 2025; Avid Energy Assets LLC, Mar 2025 to Jul 20262020202120222023202420252026Changed Jun 2023Changed Mar 2025Petrolegacy Energy II, LLCJan 2020 to May 2023Ovintiv USA Inc.Jun 2023 to Feb 2025Avid Energy Assets LLCMar 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on HALE '42'
API numberWell no.Status
42-317-373271Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Devlar Energy Marketing, LLCOilGathers50Jun 1, 2026–
Medallion Operating Company, LLCOilGathers50Jun 1, 2026–
Medallion Operating Company, LLCOilGathers100Mar 1, 2025Jun 1, 2026
Rio Energy International, Inc.OilGathers100Nov 1, 2020Mar 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 2, 2012Nov 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 2, 2012Nov 1, 2020
Lion Oil Trading & Trans, LLCOilGathers100Dec 1, 2019Nov 1, 2020
Rio Energy International, Inc.OilGathers100Jun 1, 2019Dec 1, 2019

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

Who buys my oilOil price check

138 acres on the newest permit

Check your decimal on this lease
Permits for Hale '42'
API numberWell no.Acreson the permit
42-317-373271138

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for HALE '42'
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Avid Energy00$80.46$2.89
Jun 2026Avid Energy120$84.81$3.15
May 2026Avid Energy92178$102.13$2.94
Apr 2026Avid Energy1440$100.32$2.77
Mar 2026Avid Energy00$91.38$3.04
Feb 2026Avid Energy00$64.51$3.62
Jan 2026Avid Energy00$60.04$7.72
Dec 2025Avid Energy00$57.97$4.26
Nov 2025Avid Energy00$60.06$3.79
Oct 2025Avid Energy00$60.89$3.19
Sep 2025Avid Energy00$63.96$2.97
Aug 2025Avid Energy00$64.86$2.91
Jul 2025Avid Energy00$68.39$3.20
Jun 2025Avid Energy00$68.17$3.02
May 2025Avid Energy00$62.17$3.12
Apr 2025Avid Energy00$63.54$3.42
Mar 2025Avid Energy00$68.24$4.12
Feb 2025Ovintiv USA00$71.53$4.19
Jan 2025Ovintiv USA00$75.74$4.13
Dec 2024Ovintiv USA00$70.12$3.01
Nov 2024Ovintiv USA100$69.95$2.12
Oct 2024Ovintiv USA158173$71.99$2.20
Sep 2024Ovintiv USA92185$70.24$2.28
Aug 2024Ovintiv USA860$76.68$1.99
Jul 2024Ovintiv USA127188$81.80$2.07
Jun 2024Ovintiv USA162176$79.77$2.54
May 2024Ovintiv USA10$80.02$2.12
Apr 2024Ovintiv USA270$85.35$1.60
Mar 2024Ovintiv USA127190$81.28$1.49
Feb 2024Ovintiv USA1160$77.25$1.72
Jan 2024Ovintiv USA117189$74.15$3.18
Dec 2023Ovintiv USA1140$71.90$2.52
Nov 2023Ovintiv USA193376$77.69$2.71
Oct 2023Ovintiv USA660$85.64$2.98
Sep 2023Ovintiv USA1192$89.43$2.64
Aug 2023Ovintiv USA101151$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorAvid Energy Assets LLCFieldSpraberry (Trend Area)CountyMartin County

Avid Energy Assets LLC in Martin County

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Spraberry (Trend Area) field

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