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Texas oil lease

Producing

HOLT 319M

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

2 wells

93,759bbl oil, last 12 months−49% vs prior year
RRC lease
08-63438

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
673,639 mcf
Oil in Jul 2026
8,176 bbl

Production by month

Oil output fell 49% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for HOLT 319M, Feb 2024 to Jul 2026. Oil output fell 49% over the last 12 months. 93,759 bbl in the 12 months through Jul 2026, against 182,811 bbl in the 12 months before.Last 12 months: 93,759 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for HOLT 319M, Feb 2024 to Jul 2026. Oil output fell 49% over the last 12 months. 93,759 bbl in the 12 months through Jul 2026, against 182,811 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJul 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 319M 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 319M 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)

    79% · 530,510 mcf

  • Transmission line (2)

    19% · 126,268 mcf

  • Flared (4)

    2.1% · 13,882 mcf

  • Lease fuel (1)

    0.4% · 2,979 mcf

2.1% of the gas flared in the last 12 months. 6 months above 3%.

2 wells on this lease

Wells on HOLT 319M
API numberWell no.Status
42-317-45675405HDActive
42-317-45676406HGActive

SourceTexas Railroad Commission Wellbore Query.

3,461.25 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 319M
API numberWell no.Acreson the permit
42-317-45676406HG3,461.25
42-317-45675405HD3,461.25

SourceRailroad Commission drilling permits, Oct 3, 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

30 months, newest first

Ledger for HOLT 319M
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,1768,17367,17166,375534$80.46$2.89
Jun 20265,2285,24659,07858,374475$84.81$3.15
May 20265,9335,91968,27367,894106$102.13$2.94
Apr 20265,0875,09948,88748,6900$100.32$2.77
Mar 20267,8187,81458,98358,7375$91.38$3.04
Feb 20262,9892,99027,55727,169264$64.51$3.62
Jan 20267,0787,08253,90253,59158$60.04$7.72
Dec 20258,1778,18568,09867,623172$57.97$4.26
Nov 20259,1679,18763,51556,3296,896$60.06$3.79
Oct 202512,63712,65562,35060,5161,536$60.89$3.19
Sep 202516,46916,43459,43756,1922,937$63.96$2.97
Aug 20255,0004,99936,38835,288899$64.86$2.91
Jul 20256,5196,50979,19875,8043,073$68.39$3.20
Jun 20259,0279,02596,81690,1456,358$68.17$3.02
May 202510,36510,362110,353109,92392$62.17$3.12
Apr 202511,12311,130109,890108,586975$63.54$3.42
Mar 202512,61912,619112,973112,6410$68.24$4.12
Feb 202512,53212,53199,25598,93934$71.53$4.19
Jan 202514,52714,523104,189103,771124$75.74$4.13
Dec 202414,92914,92899,95599,67115$70.12$3.01
Nov 202415,87815,89093,79992,633918$69.95$2.12
Oct 202418,67818,676100,31699,743314$71.99$2.20
Sep 202425,72725,73297,15495,978931$70.24$2.28
Aug 202430,88730,886105,380105,08634$76.68$1.99
Jul 202433,49633,502118,862118,52649$81.80$2.07
Jun 202438,34838,363112,788111,2621,261$79.77$2.54
May 202445,58745,568106,140105,80382$80.02$2.12
Apr 202449,35649,36171,78068,4873,094$85.35$1.60
Mar 202435,81535,76845,18444,094920$81.28$1.49
Feb 20241,3031,2962,8162,539253$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

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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