Texas oil lease
ProducingHOLT RANCH NW
Holt Ranch NW is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
19 wells
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-40337
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 343,608 mcf
- Oil in Jul 2026
- 3,085 bbl
Production by month
Oil output fell 31% 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
Flaring peaked at 7.7% of the gas in Oct 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
70% · 239,376 mcf
Transmission line (2)
14% · 49,554 mcf
Lease fuel (1)
12% · 41,840 mcf
Flared (4)
3.7% · 12,838 mcf
3.7% of the gas flared in the last 12 months. 16 months 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.
19 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-35743 | 1 | Active |
| 42-317-36162 | 0602B | Active |
| 42-317-36163 | 3 | Active |
| 42-317-36915 | 4 | Active |
| 42-317-37306 | 5 | Active |
| 42-317-38283 | 0606B | Shut-in |
| 42-317-38678 | 7 | Active |
| 42-317-39011 | 0608B | Active |
| 42-317-39607 | 1509B | Shut-in |
| 42-317-40395 | 0601H | Active |
| 42-317-40396 | 0602H | Active |
| 42-317-40397 | 0603H | Active |
| 42-317-40398 | 0604H | Active |
| 42-317-40399 | 0605H | Active |
| 42-317-40400 | 0606H | Active |
| 42-317-40822 | 0607HC | Active |
| 42-317-40823 | 0610HE | Active |
| 42-317-40824 | 0608HF | Active |
| 42-317-40825 | 0609HE | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 50 | Aug 1, 2026 | – |
| Gulfmark Energy, Inc. | Oil | Gathers | 50 | Aug 1, 2026 | – |
| Gulfmark Energy, Inc. | Oil | Gathers | 100 | Apr 1, 2025 | Aug 1, 2026 |
| Oasis Transp & Marketing Corp. | Oil | Gathers | 100 | Dec 1, 2023 | Apr 1, 2025 |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | May 1, 2022 | Dec 1, 2023 |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | May 1, 2022 | Dec 1, 2023 |
| Medallion Operating Company, LLC | Oil | Gathers | 100 | May 1, 2022 | Dec 1, 2023 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 50 | Jan 1, 2020 | May 1, 2022 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,162 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 800.6 and 1,162 acres. Use the acres from your own division order for the well you are paid on.
- Good to know
28 wells are listed on this lease
Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.
- 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 |
|---|---|---|---|---|
| 42-317-40823 | 0610HE | May 15, 2017 | Nov 8, 2017 | 1,162 |
| 42-317-40824 | 0608HF | May 9, 2017 | Nov 8, 2017 | 1,162 |
| 42-317-40825 | 0609HE | May 9, 2017 | Nov 8, 2017 | 1,162 |
| 42-317-40822 | 0607HC | May 5, 2017 | Nov 12, 2017 | 1,162 |
| 42-317-40395 | 0601H | Feb 11, 2016 | Jun 8, 2016 | 1,162 |
| 42-317-40396 | 0602H | Feb 11, 2016 | Jun 8, 2016 | 1,162 |
| 42-317-40397 | 0603H | Feb 11, 2016 | Jun 8, 2016 | 1,162 |
| 42-317-40398 | 0604H | Feb 11, 2016 | Jun 14, 2016 | 1,162 |
| 42-317-40399 | 0605H | Feb 11, 2016 | Jun 14, 2016 | 1,162 |
| 42-317-40400 | 0606H | Feb 11, 2016 | Jun 14, 2016 | 1,162 |
| 42-317-39607 | 1509B | Jul 8, 2014 | Nov 1, 2014 | 1,098.20 |
| 42-317-39607 | 9 | Jul 8, 2014 | Nov 1, 2014 | 1,098.20 |
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 | 3,085 | 2,901 | 28,896 | 24,318 | 1,024 | $80.46 | $2.89 |
| Jun 2026Ovintiv USA | 3,014 | 3,155 | 29,040 | 24,487 | 1,116 | $84.81 | $3.15 |
| May 2026Ovintiv USA | 2,648 | 2,631 | 29,443 | 25,067 | 823 | $102.13 | $2.94 |
| Apr 2026Ovintiv USA | 2,752 | 2,748 | 27,803 | 23,963 | 402 | $100.32 | $2.77 |
| Mar 2026Ovintiv USA | 2,921 | 2,925 | 30,912 | 26,038 | 1,320 | $91.38 | $3.04 |
| Feb 2026Ovintiv USA | 1,884 | 1,897 | 14,140 | 10,896 | 36 | $64.51 | $3.62 |
| Jan 2026Ovintiv USA | 2,252 | 2,065 | 9,418 | 5,732 | 131 | $60.04 | $7.72 |
| Dec 2025Ovintiv USA | 2,241 | 2,456 | 18,263 | 14,652 | 56 | $57.97 | $4.26 |
| Nov 2025Ovintiv USA | 3,514 | 3,516 | 38,282 | 31,955 | 2,891 | $60.06 | $3.79 |
| Oct 2025Ovintiv USA | 3,751 | 3,666 | 39,420 | 33,650 | 2,216 | $60.89 | $3.19 |
| Sep 2025Ovintiv USA | 3,334 | 3,322 | 37,681 | 32,836 | 1,405 | $63.96 | $2.97 |
| Aug 2025Ovintiv USA | 3,401 | 3,419 | 40,310 | 35,336 | 1,418 | $64.86 | $2.91 |
| Jul 2025Ovintiv USA | 3,546 | 3,532 | 38,857 | 32,723 | 2,580 | $68.39 | $3.20 |
| Jun 2025Ovintiv USA | 3,424 | 3,352 | 40,563 | 36,137 | 989 | $68.17 | $3.02 |
| May 2025Ovintiv USA | 3,421 | 3,515 | 42,454 | 37,805 | 1,096 | $62.17 | $3.12 |
| Apr 2025Ovintiv USA | 3,886 | 3,884 | 40,473 | 35,014 | 2,020 | $63.54 | $3.42 |
| Mar 2025Ovintiv USA | 4,167 | 4,138 | 43,361 | 38,884 | 924 | $68.24 | $4.12 |
| Feb 2025Ovintiv USA | 3,908 | 3,732 | 40,870 | 37,112 | 548 | $71.53 | $4.19 |
| Jan 2025Ovintiv USA | 4,254 | 4,493 | 42,127 | 38,568 | 11 | $75.74 | $4.13 |
| Dec 2024Ovintiv USA | 4,527 | 4,330 | 47,441 | 42,392 | 1,495 | $70.12 | $3.01 |
| Nov 2024Ovintiv USA | 4,390 | 5,330 | 46,241 | 40,419 | 2,385 | $69.95 | $2.12 |
| Oct 2024Ovintiv USA | 4,884 | 4,115 | 51,850 | 44,319 | 3,979 | $71.99 | $2.20 |
| Sep 2024Ovintiv USA | 4,797 | 4,808 | 50,891 | 44,291 | 3,163 | $70.24 | $2.28 |
| Aug 2024Ovintiv USA | 5,119 | 5,375 | 56,228 | 51,152 | 1,523 | $76.68 | $1.99 |
| Jul 2024Ovintiv USA | 5,609 | 5,474 | 59,772 | 56,222 | 0 | $81.80 | $2.07 |
| Jun 2024Ovintiv USA | 3,880 | 3,871 | 54,595 | 48,319 | 2,839 | $79.77 | $2.54 |
| May 2024Ovintiv USA | 5,107 | 4,992 | 57,441 | 49,483 | 4,408 | $80.02 | $2.12 |
| Apr 2024Ovintiv USA | 5,135 | 5,206 | 54,865 | 47,803 | 3,624 | $85.35 | $1.60 |
| Mar 2024Ovintiv USA | 6,396 | 6,482 | 59,548 | 55,967 | 31 | $81.28 | $1.49 |
| Feb 2024Ovintiv USA | 6,266 | 6,295 | 62,727 | 59,393 | 12 | $77.25 | $1.72 |
| Jan 2024Ovintiv USA | 7,064 | 6,939 | 72,085 | 68,109 | 424 | $74.15 | $3.18 |
| Dec 2023Ovintiv USA | 6,626 | 6,722 | 70,072 | 66,521 | 0 | $71.90 | $2.52 |
| Nov 2023Ovintiv USA | 7,248 | 7,510 | 66,017 | 62,575 | 5 | $77.69 | $2.71 |
| Oct 2023Ovintiv USA | 8,482 | 8,295 | 69,947 | 66,393 | 3 | $85.64 | $2.98 |
| Sep 2023Ovintiv USA | 8,988 | 8,959 | 72,175 | 68,717 | 20 | $89.43 | $2.64 |
| Aug 2023Ovintiv USA | 9,173 | 9,253 | 72,896 | 69,333 | 10 | $81.39 | $2.58 |
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
Ovintiv USA Inc. in Martin County
- HOLT 319O
39,850 bbl
- HNC 248F
27,299 bbl
- DFK 319F
28,403 bbl
- MUZZLE 254 B
38,693 bbl
- BALCONES W UNIT D
48,930 bbl
- JAMIE SALINAS W UNIT D
44,855 bbl
- MABEE 30B
36,493 bbl
- HR 320P
34,584 bbl
- PORCH 254 B
39,612 bbl
- MABEE 318U
38,180 bbl
Spraberry (Trend Area) field
- MABEE DH 10-11 E
41,971 bbl
- MADISON 04C
41,764 bbl
- UL ADDIE 41-27 A
44,880 bbl
- FAUN UNIT A 15-22
43,541 bbl
- BUFFALO F
35,033 bbl
- JAMES WALKER D
38,644 bbl
- MABEE DH 10-11 F
45,598 bbl
- SEBASTIAN THE IBIS 34-27 C
32,369 bbl
- RATLIFF E
49,334 bbl
- UNIVERSITY 7-14I
44,807 bbl
Leases within 10 km
- UNIVERSITY "7-29"
360 bbl · 0.6 km
- HOLT RANCH NORTH
44,723 bbl · 0.6 km
- UNIVERSITY 7-28 B
0 bbl · 1 km
- MABEE
1,228 bbl · 1.3 km
- HOLT RANCH
18,514 bbl · 1.5 km
- HN 249F
51,028 bbl · 1.5 km
- HRN 249F
78,527 bbl · 1.6 km
- HRN 249G
23,414 bbl · 1.7 km
- HN 249G
20,377 bbl · 1.7 km
- UNIVERSITY 7-28
8,972 bbl · 1.7 km
Drilling permits within 10 km
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.8 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1LS
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.8 km
Permit 0918729 · Sep 21, 2026
UNIVERSITY 7-28 PU #221H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Martin County · 2.8 km
Permit 0917861 · Aug 18, 2026
GW WOLCOTT #R 1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 9.8 km
Permit 0917824 · Aug 17, 2026
UNIVERSITY 7-28 PU #105H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Martin County · 2.7 km
Permit 0917749 · Aug 13, 2026