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Texas oil lease

Producing

HOLT 319K

Holt 319K is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

49,944bbl oil, last 12 months−57% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62553

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
208,751 mcf
Oil in Jul 2026
14,672 bbl

Production by month

Oil output fell 57% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 57% over the last 12 monthsMonthly oil production and gas for HOLT 319K, Feb 2024 to Jul 2026. Oil output fell 57% over the last 12 months. 49,944 bbl in the 12 months through Jul 2026, against 114,833 bbl in the 12 months before.Last 12 months: 49,944 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 57% over the last 12 monthsMonthly oil production and gas for HOLT 319K, Feb 2024 to Jul 2026. Oil output fell 57% over the last 12 months. 49,944 bbl in the 12 months through Jul 2026, against 114,833 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJul 24Jan 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 10.9% of the gas in Nov 2025.

  • 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 HOLT 319K gas by disposition code each month, Feb 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 10.9% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 10.9%Apr 24JulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HOLT 319K gas by disposition code each month, Feb 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 10.9% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 10.9%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 158,391 mcf

  • Transmission line (2)

    22% · 46,882 mcf

  • Flared (4)

    1.3% · 2,612 mcf

  • Lease fuel (1)

    0.4% · 866 mcf

1.3% of the gas flared in the last 12 months. 6 months above 3%.

2 wells on this lease

Wells on HOLT 319K
API numberWell no.Status
42-317-45671401HCActive
42-317-45672402HDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Feb 23, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Feb 23, 2024
Enterprise Products Operating LLCCasinghead gasGathers100Feb 23, 2024

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

Who buys my oilOil price check

3,855.75 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 Holt 319K
API numberWell no.Acreson the permit
42-317-45671401HC3,855.75
42-317-45672402HD3,855.75

SourceRailroad Commission drilling permits, Oct 3, 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

30 months, newest first

Ledger for HOLT 319K
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202614,67214,65358,95758,259468$80.46$2.89
Jun 20264,3894,39624,92924,632200$84.81$3.15
May 20263,7423,73222,37322,25034$102.13$2.94
Apr 20263,0543,05916,11516,0500$100.32$2.77
Mar 20264,0774,09219,59819,5162$91.38$3.04
Feb 20263,1503,13514,93314,723143$64.51$3.62
Jan 20264,0314,03115,47115,38217$60.04$7.72
Dec 20254,0824,08614,88114,77837$57.97$4.26
Nov 20254,6144,60813,85412,2871,504$60.06$3.79
Oct 20253,2523,2396,4816,290160$60.89$3.19
Sep 202584884475471337$63.96$2.97
Aug 2025336240539310$64.86$2.91
Jul 20254,0524,05018,44717,657716$68.39$3.20
Jun 20256,5336,53027,53925,6421,809$68.17$3.02
May 20257,0127,00829,74629,63024$62.17$3.12
Apr 20257,0727,07629,03128,688257$63.54$3.42
Mar 20257,7997,80131,93531,8410$68.24$4.12
Feb 20258,2578,25528,17228,08310$71.53$4.19
Jan 20259,1249,12330,21330,09236$75.74$4.13
Dec 202410,19710,19632,59732,5055$70.12$3.01
Nov 202410,71510,72433,11332,702324$69.95$2.12
Oct 202413,14813,14138,95138,728122$71.99$2.20
Sep 202414,26914,27140,86040,365391$70.24$2.28
Aug 202416,65516,65742,64842,52814$76.68$1.99
Jul 202420,13820,13944,83744,71118$81.80$2.07
Jun 202420,98120,98840,29839,753450$79.77$2.54
May 202423,97923,97137,79037,66929$80.02$2.12
Apr 202428,30928,30927,96826,6851,206$85.35$1.60
Mar 202418,61518,58711,69511,413238$81.28$1.49
Feb 20243334313$77.25$1.72

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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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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