Skip to content
Royalty Clerk

Texas oil lease

Shut in

HOLT 1

Holt 1 is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

278mcf gas, last 12 months−95% vs prior year
RRC lease
08-43932

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 95% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 95% over the last 12 monthsMonthly gas production and oil for HOLT 1, Aug 2023 to Jul 2026. Gas output fell 95% over the last 12 months. 278 mcf in the 12 months through Jul 2026, against 5,821 mcf in the 12 months before.Last 12 months: 278 mcfmcf per monthbbl per month005001001,0002001,5003002,0004002,500500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 95% over the last 12 monthsMonthly gas production and oil for HOLT 1, Aug 2023 to Jul 2026. Gas output fell 95% over the last 12 months. 278 mcf in the 12 months through Jul 2026, against 5,821 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005001001,0002001,5003002,0004002,500500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plant

Flaring peaked at 6.7% of the gas in Dec 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plantShare of HOLT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 6.7% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2025: plant to fuelFlared 6.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plantShare of HOLT 1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2025 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 6.7% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Jul 25: plant to fuelFlared 6.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    77% · 3,762 mcf

  • Lease fuel (1)

    23% · 1,102 mcf

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on HOLT 1
API numberWell no.Status
42-317-344311Shut-in
42-317-384991AShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers100Apr 1, 2025Aug 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2020Apr 1, 2025
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022Dec 1, 2023
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022Dec 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Jan 1, 2020May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Jan 1, 2020May 1, 2022

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

80 acres on the newest permit

Permits for Holt 1
API numberWell no.Acreson the permit
42-317-34431180
42-317-384991A80

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

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 HOLT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA00000$80.46$2.89
Jun 2026Ovintiv USA00000$84.81$3.15
May 2026Ovintiv USA00000$102.13$2.94
Apr 2026Ovintiv USA00000$100.32$2.77
Mar 2026Ovintiv USA00000$91.38$3.04
Feb 2026Ovintiv USA00000$64.51$3.62
Jan 2026Ovintiv USA00000$60.04$7.72
Dec 2025Ovintiv USA00000$57.97$4.26
Nov 2025Ovintiv USA00000$60.06$3.79
Oct 2025Ovintiv USA009400$60.89$3.19
Sep 2025Ovintiv USA009000$63.96$2.97
Aug 2025Ovintiv USA009400$64.86$2.91
Jul 2025Ovintiv USA00127330$68.39$3.20
Jun 2025Ovintiv USA002831930$68.17$3.02
May 2025Ovintiv USA003202260$62.17$3.12
Apr 2025Ovintiv USA003872970$63.54$3.42
Mar 2025Ovintiv USA004093150$68.24$4.12
Feb 2025Ovintiv USA003943100$71.53$4.19
Jan 2025Ovintiv USA004663720$75.74$4.13
Dec 2024Ovintiv USA00000$70.12$3.01
Nov 2024Ovintiv USA00000$69.95$2.12
Oct 2024Ovintiv USA1943641,0849900$71.99$2.20
Sep 2024Ovintiv USA2611811,1161,0260$70.24$2.28
Aug 2024Ovintiv USA2603601,2351,1410$76.68$1.99
Jul 2024Ovintiv USA3033661,3131,2190$81.80$2.07
Jun 2024Ovintiv USA2581589929020$79.77$2.54
May 2024Ovintiv USA11106795850$80.02$2.12
Apr 2024Ovintiv USA1881871,0269360$85.35$1.60
Mar 2024Ovintiv USA2753671,3261,2330$81.28$1.49
Feb 2024Ovintiv USA4405061,4791,3920$77.25$1.72
Jan 2024Ovintiv USA4333491,4591,3660$74.15$3.18
Dec 2023Ovintiv USA44653999683667$71.90$2.52
Nov 2023Ovintiv USA3231721,1451,0550$77.69$2.71
Oct 2023Ovintiv USA4375491,4261,3330$85.64$2.98
Sep 2023Ovintiv USA2591858207300$89.43$2.64
Aug 2023Ovintiv USA4245061,4321,3390$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?

Nearby

Ovintiv USA Inc. in Martin County

All Ovintiv USA Inc. leases →

Leases within 10 km

Drilling permits within 10 km