Skip to content
Royalty Clerk

Texas oil lease

Producing

HNE 249T

Hne 249T is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

44,988bbl oil, last 12 months−14% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-53992

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
438,893 mcf
Oil in Jul 2026
2,825 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for HNE 249T, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 44,988 bbl in the 12 months through Jul 2026, against 52,207 bbl in the 12 months before.Last 12 months: 44,988 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for HNE 249T, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 44,988 bbl in the 12 months through Jul 2026, against 52,207 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 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 7.3% of the gas in Sep 2023.

  • 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 HNE 249T 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 7.3% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 7.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HNE 249T 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 7.3% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 7.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 365,320 mcf

  • Transmission line (2)

    17% · 72,457 mcf

  • Lease fuel (1)

    0.2% · 725 mcf

  • Flared (4)

    0.1% · 391 mcf

0.1% of the gas flared in the last 12 months. 3 months above 3%.

3 wells on this lease

Wells on HNE 249T
API numberWell no.Status
42-317-424008HEActive
42-317-424019HFActive
42-317-4240210HDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 6, 2019–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Nov 6, 2019May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Nov 6, 2019May 1, 2022

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

Who buys my oilOil price check

4,955.24 acres on the newest permit

An allocation well is on this lease

Permits for Hne 249T
API numberWell no.Acreson the permit
42-317-424008HE4,955.24
42-317-424019HF4,955.24
42-317-4240210HD4,955.24

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

Unit decimal checker

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 HNE 249T
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8252,82534,50734,4520$80.46$2.89
Jun 20262,9312,94734,65134,5960$84.81$3.15
May 20263,4043,40937,92137,8610$102.13$2.94
Apr 20263,4033,41537,00736,9460$100.32$2.77
Mar 20264,2604,25939,07239,0080$91.38$3.04
Feb 20263,8513,87339,52639,4620$64.51$3.62
Jan 20263,7423,68933,11833,0610$60.04$7.72
Dec 20253,8493,87536,37436,3130$57.97$4.26
Nov 20253,9003,88841,32241,2560$60.06$3.79
Oct 20254,3254,31537,89037,8270$60.89$3.19
Sep 20254,2454,24532,87532,8180$63.96$2.97
Aug 20254,2534,24434,63034,177391$64.86$2.91
Jul 20254,6454,65837,60137,5370$68.39$3.20
Jun 20254,7144,75430,10330,0440$68.17$3.02
May 20255,3525,30529,54129,4830$62.17$3.12
Apr 20254,2344,23819,96319,223689$63.54$3.42
Mar 20253,8743,89921,56521,5050$68.24$4.12
Feb 20254,8314,81924,22924,1670$71.53$4.19
Jan 20255,5555,51219,52419,4641$75.74$4.13
Dec 20242,6922,69511,38711,3350$70.12$3.01
Nov 20242,7712,77511,41811,28683$69.95$2.12
Oct 20243,4763,49216,76316,7110$71.99$2.20
Sep 20245,0945,11623,86323,8042$70.24$2.28
Aug 20244,9694,98518,48718,4340$76.68$1.99
Jul 20244,9344,91419,93319,766110$81.80$2.07
Jun 20244,6994,67215,82015,7595$79.77$2.54
May 20244,2774,27212,87412,80514$80.02$2.12
Apr 20244,2504,23811,65411,170430$85.35$1.60
Mar 20244,2054,2157,7647,7047$81.28$1.49
Feb 20243,6863,6904,0784,0400$77.25$1.72
Jan 20243,4273,4112,6152,56510$74.15$3.18
Dec 20233,1433,1631,5761,50621$71.90$2.52
Nov 20233,5983,5831,0621,0220$77.69$2.71
Oct 20232,7262,72267862012$85.64$2.98
Sep 20232,9892,98962053045$89.43$2.64
Aug 20232,4512,4534263780$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.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

All Ovintiv USA Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km