Texas oil lease
ProducingHOLT RANCH 320P
Holt Ranch 320P is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
1 well
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-48309
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 55,840 mcf
- Oil in Jul 2026
- 174 bbl
Production by month
Oil output fell 14% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
93% · 52,184 mcf
Transmission line (2)
5.7% · 3,164 mcf
Lease fuel (1)
0.4% · 249 mcf
Flared (4)
0.4% · 243 mcf
0.4% of the gas flared in the last 12 months. No month above 3%.
Who has run this lease
The operator changed once, most recently in Feb 2020
- Ovintiv USA Inc. Feb 2020 to now
- Encana Oil & Gas(usa) Inc. Jan 2020 to Jan 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-40403 | 3H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Aug 31, 2016 | – |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | May 1, 2022 | – |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | May 1, 2022 | – |
| Navitas Mdstr Midland Basin, LLC | Casinghead gas | Gathers | 100 | Jan 1, 2020 | May 1, 2022 |
| Navitas Mdstr Midland Basin, LLC | Casinghead gas | Buys | 100 | Jan 1, 2020 | May 1, 2022 |
| Wtg Gas Processing, L.p. | Casinghead gas | Gathers | 100 | Aug 31, 2016 | Jan 1, 2020 |
| Wtg Gas Processing, L.p. | Casinghead gas | Buys | 100 | Aug 31, 2016 | Jan 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
5,382.80 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-40403 | 3H | Mar 17, 2016 | Aug 31, 2016 | 5,382.80 |
What Ovintiv Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $100.69 | $1.71 | $92.75 | SEC filing |
| Q1 2026 | $72.62 | $3.14 | $18.12 | SEC filing |
| Q4 2025 | $59.55 | $2.65 | $32.76 | SEC filing |
| Q3 2025 | $66.22 | $1.79 | $16.91 | SEC filing |
| Q2 2025 | $64.50 | $2.24 | $60.79 | SEC filing |
| Q1 2025 | $71.79 | $2.98 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Ovintiv USA | 174 | 149 | 255 | 239 | 3 | $80.46 | $2.89 |
| Jun 2026Ovintiv USA | 57 | 42 | 330 | 312 | 0 | $84.81 | $3.15 |
| May 2026Ovintiv USA | 175 | 181 | 2,874 | 2,852 | 2 | $102.13 | $2.94 |
| Apr 2026Ovintiv USA | 295 | 294 | 5,565 | 5,542 | 3 | $100.32 | $2.77 |
| Mar 2026Ovintiv USA | 315 | 319 | 5,927 | 5,904 | 2 | $91.38 | $3.04 |
| Feb 2026Ovintiv USA | 344 | 353 | 4,117 | 4,094 | 8 | $64.51 | $3.62 |
| Jan 2026Ovintiv USA | 273 | 243 | 4,054 | 4,035 | 4 | $60.04 | $7.72 |
| Dec 2025Ovintiv USA | 324 | 328 | 5,765 | 5,725 | 19 | $57.97 | $4.26 |
| Nov 2025Ovintiv USA | 393 | 390 | 5,777 | 5,754 | 1 | $60.06 | $3.79 |
| Oct 2025Ovintiv USA | 327 | 333 | 6,136 | 6,110 | 3 | $60.89 | $3.19 |
| Sep 2025Ovintiv USA | 438 | 461 | 6,186 | 6,127 | 35 | $63.96 | $2.97 |
| Aug 2025Ovintiv USA | 917 | 893 | 8,854 | 8,654 | 163 | $64.86 | $2.91 |
| Jul 2025Ovintiv USA | 267 | 269 | 5,924 | 5,896 | 0 | $68.39 | $3.20 |
| Jun 2025Ovintiv USA | 363 | 357 | 6,229 | 6,160 | 43 | $68.17 | $3.02 |
| May 2025Ovintiv USA | 372 | 374 | 6,143 | 6,120 | 0 | $62.17 | $3.12 |
| Apr 2025Ovintiv USA | 373 | 375 | 5,874 | 5,826 | 25 | $63.54 | $3.42 |
| Mar 2025Ovintiv USA | 430 | 427 | 6,025 | 6,002 | 0 | $68.24 | $4.12 |
| Feb 2025Ovintiv USA | 386 | 386 | 5,957 | 5,935 | 0 | $71.53 | $4.19 |
| Jan 2025Ovintiv USA | 407 | 408 | 5,597 | 5,577 | 0 | $75.74 | $4.13 |
| Dec 2024Ovintiv USA | 417 | 418 | 6,185 | 6,162 | 0 | $70.12 | $3.01 |
| Nov 2024Ovintiv USA | 436 | 442 | 6,580 | 6,549 | 6 | $69.95 | $2.12 |
| Oct 2024Ovintiv USA | 498 | 497 | 5,067 | 5,033 | 13 | $71.99 | $2.20 |
| Sep 2024Ovintiv USA | 439 | 425 | 5,715 | 5,631 | 58 | $70.24 | $2.28 |
| Aug 2024Ovintiv USA | 321 | 326 | 1,016 | 1,011 | 1 | $76.68 | $1.99 |
| Jul 2024Ovintiv USA | 388 | 390 | 431 | 429 | 0 | $81.80 | $2.07 |
| Jun 2024Ovintiv USA | 421 | 418 | 622 | 617 | 3 | $79.77 | $2.54 |
| May 2024Ovintiv USA | 375 | 376 | 343 | 342 | 0 | $80.02 | $2.12 |
| Apr 2024Ovintiv USA | 374 | 376 | 853 | 846 | 3 | $85.35 | $1.60 |
| Mar 2024Ovintiv USA | 491 | 486 | 3,557 | 3,542 | 0 | $81.28 | $1.49 |
| Feb 2024Ovintiv USA | 335 | 331 | 2,257 | 2,247 | 0 | $77.25 | $1.72 |
| Jan 2024Ovintiv USA | 280 | 312 | 1,913 | 1,891 | 13 | $74.15 | $3.18 |
| Dec 2023Ovintiv USA | 361 | 334 | 2,226 | 2,209 | 7 | $71.90 | $2.52 |
| Nov 2023Ovintiv USA | 405 | 405 | 3,362 | 3,348 | 0 | $77.69 | $2.71 |
| Oct 2023Ovintiv USA | 516 | 520 | 3,193 | 3,156 | 22 | $85.64 | $2.98 |
| Sep 2023Ovintiv USA | 517 | 518 | 4,562 | 4,542 | 0 | $89.43 | $2.64 |
| Aug 2023Ovintiv USA | 646 | 644 | 4,568 | 4,492 | 57 | $81.39 | $2.58 |
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
Ovintiv USA Inc. in Martin County
- DOROTHY FAYE -A319-
4,327 bbl
- UNIVERSITY 14-7
5,587 bbl
- HOLT RANCH 320X
4,706 bbl
- NEBBIOLO
5,441 bbl
- SLAUGHTER
5,436 bbl
- SNELL, IRVIN
5,275 bbl
- HOLT RANCH 248Q
3,835 bbl
- LOFTIN 7
4,855 bbl
- SAMBA
4,405 bbl
- TOM RANCH "29"
4,343 bbl
Spraberry (Trend Area) field
- WIMBERLEY "1"
6,446 bbl
- CLEAR CREEK
6,117 bbl
- LAWSON 23C
6,003 bbl
- SCHENECKER -13-
6,128 bbl
- ST S-ST RR F
5,768 bbl
- SARAH S
6,021 bbl
- RIVERRUN NORTH 16C
6,094 bbl
- COWDEN "30"
3,780 bbl
- WILBANKS 14
5,959 bbl
- DEBUS
6,405 bbl
Leases within 10 km
- HOLT RANCH 320Q
8,070 bbl · 0 km
- HOLT RANCH
18,514 bbl · 0.3 km
- HOLT RANCH "320A"
0 bbl · 0.4 km
- HR 320O
25,222 bbl · 0.8 km
- HR 320P
34,584 bbl · 0.9 km
- DOROTHY FAYE A320
842 bbl · 1 km
- HOLT RANCH 2-9 A
32,411 bbl · 1.1 km
- HOLT RANCH 2-9 B
39,312 bbl · 1.1 km
- HOLT RANCH 2-9 C
32,033 bbl · 1.1 km
- HOLT RANCH 2-9 D
29,613 bbl · 1.1 km
Drilling permits within 10 km
DR. ORSON R #79H
new drill · horizontal · Hibernia Resources IV, LLC · Martin County · 6.9 km
Permit 0914230 · Mar 26, 2026
DR. ORSON Q #77H
new drill · horizontal · Hibernia Resources IV, LLC · Martin County · 6.9 km
Permit 0914229 · Mar 26, 2026
HR VENOM 320JB #1HS
new drill · horizontal · Ovintiv USA Inc. · Martin County · 2.1 km
Permit 0912618 · Feb 17, 2026
HR VENOM 320J #2HR
new drill · horizontal · Ovintiv USA Inc. · Martin County · 2.1 km
Permit 0912619 · Feb 9, 2026
HR VENOM 320LL #4HR
new drill · horizontal · Ovintiv USA Inc. · Martin County · 2.1 km
Permit 0912621 · Feb 9, 2026