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Texas oil lease

Producing

HOLT 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

4,032bbl oil, last 12 months−14% vs prior year
RRC lease
08-48309

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin 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
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for HOLT RANCH 320P, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 4,032 bbl in the 12 months through Jul 2026, against 4,709 bbl in the 12 months before.Last 12 months: 4,032 bblbbl per monthmcf per month002502,5005005,0007507,5001,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for HOLT RANCH 320P, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 4,032 bbl in the 12 months through Jul 2026, against 4,709 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,5005005,0007507,5001,00010kJan 24JulJan 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

  • 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 RANCH 320P gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HOLT RANCH 320P gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Jul 26: line to plantJan 24JulJan 25JulJan 26Jul

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

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.

1 well on this lease

Wells on HOLT RANCH 320P
API numberWell no.Status
42-317-404033HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Aug 31, 2016–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Jan 1, 2020May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Jan 1, 2020May 1, 2022
Wtg Gas Processing, L.p.Casinghead gasGathers100Aug 31, 2016Jan 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Aug 31, 2016Jan 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.

Check your decimal on this lease
Permits for Holt Ranch 320P
API numberWell no.Acreson the permit
42-317-404033H5,382.80

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 RANCH 320P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1741492552393$80.46$2.89
Jun 2026Ovintiv USA57423303120$84.81$3.15
May 2026Ovintiv USA1751812,8742,8522$102.13$2.94
Apr 2026Ovintiv USA2952945,5655,5423$100.32$2.77
Mar 2026Ovintiv USA3153195,9275,9042$91.38$3.04
Feb 2026Ovintiv USA3443534,1174,0948$64.51$3.62
Jan 2026Ovintiv USA2732434,0544,0354$60.04$7.72
Dec 2025Ovintiv USA3243285,7655,72519$57.97$4.26
Nov 2025Ovintiv USA3933905,7775,7541$60.06$3.79
Oct 2025Ovintiv USA3273336,1366,1103$60.89$3.19
Sep 2025Ovintiv USA4384616,1866,12735$63.96$2.97
Aug 2025Ovintiv USA9178938,8548,654163$64.86$2.91
Jul 2025Ovintiv USA2672695,9245,8960$68.39$3.20
Jun 2025Ovintiv USA3633576,2296,16043$68.17$3.02
May 2025Ovintiv USA3723746,1436,1200$62.17$3.12
Apr 2025Ovintiv USA3733755,8745,82625$63.54$3.42
Mar 2025Ovintiv USA4304276,0256,0020$68.24$4.12
Feb 2025Ovintiv USA3863865,9575,9350$71.53$4.19
Jan 2025Ovintiv USA4074085,5975,5770$75.74$4.13
Dec 2024Ovintiv USA4174186,1856,1620$70.12$3.01
Nov 2024Ovintiv USA4364426,5806,5496$69.95$2.12
Oct 2024Ovintiv USA4984975,0675,03313$71.99$2.20
Sep 2024Ovintiv USA4394255,7155,63158$70.24$2.28
Aug 2024Ovintiv USA3213261,0161,0111$76.68$1.99
Jul 2024Ovintiv USA3883904314290$81.80$2.07
Jun 2024Ovintiv USA4214186226173$79.77$2.54
May 2024Ovintiv USA3753763433420$80.02$2.12
Apr 2024Ovintiv USA3743768538463$85.35$1.60
Mar 2024Ovintiv USA4914863,5573,5420$81.28$1.49
Feb 2024Ovintiv USA3353312,2572,2470$77.25$1.72
Jan 2024Ovintiv USA2803121,9131,89113$74.15$3.18
Dec 2023Ovintiv USA3613342,2262,2097$71.90$2.52
Nov 2023Ovintiv USA4054053,3623,3480$77.69$2.71
Oct 2023Ovintiv USA5165203,1933,15622$85.64$2.98
Sep 2023Ovintiv USA5175184,5624,5420$89.43$2.64
Aug 2023Ovintiv USA6466444,5684,49257$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

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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Drilling permits within 10 km