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Texas oil lease

Producing

HOLT 319N

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

2 wells

62,828bbl oil, last 12 months
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-65157

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
347,777 mcf
Oil in Jul 2026
6,937 bbl

Production by month

Oil output rose 3% since Apr 2025

  • Oil (bars)
  • Gas (line)
Oil output rose 3% since Apr 2025Monthly oil production and gas for HOLT 319N, Apr 2025 to Jul 2026. Oil output rose 3% since Apr 2025. Monthly average of 4,913 bbl in the latest 3 months, against 4,754 bbl in the first 3.bbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kApr 25JulOctJan 26AprJul
Oil output rose 3% since Apr 2025Monthly oil production and gas for HOLT 319N, Apr 2025 to Jul 2026. Oil output rose 3% since Apr 2025. Monthly average of 4,913 bbl in the latest 3 months, against 4,754 bbl in the first 3.bbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJul 25Jan 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 319N gas by disposition code each month, Apr 2025 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 25JulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HOLT 319N gas by disposition code each month, Apr 2025 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 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 278,542 mcf

  • Transmission line (2)

    18% · 63,165 mcf

  • Flared (4)

    1.3% · 4,594 mcf

  • Lease fuel (1)

    0.4% · 1,476 mcf

1.3% of the gas flared in the last 12 months. 4 months above 3%.

2 wells on this lease

Wells on HOLT 319N
API numberWell no.Status
42-317-44827301HEActive
42-317-44828302HDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Apr 18, 2025
Enterprise Products Operating LLCCasinghead gasBuys100Apr 18, 2025
Enterprise Products Operating LLCCasinghead gasGathers100Apr 18, 2025

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

Who buys my oilOil price check

4,101.18 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 319N
API numberWell no.Acreson the permit
42-317-44827301HE4,101.18
42-317-44828302HD4,101.18

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

16 months, newest first

Ledger for HOLT 319N
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,9376,93169,01168,194548$80.46$2.89
Jun 20264,8704,87036,75336,315295$84.81$3.15
May 20262,9322,93127,00026,85041$102.13$2.94
Apr 20263,8793,89127,37027,2590$100.32$2.77
Mar 20266,4616,48740,65740,4864$91.38$3.04
Feb 20265,2575,23533,73833,263324$64.51$3.62
Jan 20267,2847,28036,65536,44439$60.04$7.72
Dec 20256,6306,63130,71930,50577$57.97$4.26
Nov 20256,3346,33124,03121,3122,609$60.06$3.79
Oct 20255,5395,53215,00714,566370$60.89$3.19
Sep 20254,1124,1164,8034,541237$63.96$2.97
Aug 20252,5932,5922,0331,97250$64.86$2.91
Jul 20253,3103,3033,8463,682149$68.39$3.20
Jun 20254,1204,1208,0397,485528$68.17$3.02
May 20255,2135,21011,70411,65810$62.17$3.12
Apr 20254,9304,9359,8499,73387$63.54$3.42

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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