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Texas oil lease

Producing

HR 320P

HR 320P is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

4 wells

34,584bbl oil, last 12 months−17% vs prior year
RRC lease
08-51242

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
353,466 mcf
Oil in Jul 2026
468 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for HR 320P, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 34,584 bbl in the 12 months through Jul 2026, against 41,590 bbl in the 12 months before.Last 12 months: 34,584 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for HR 320P, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 34,584 bbl in the 12 months through Jul 2026, against 41,590 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2026 the lease's gas goes to a transmission line instead of a processing plantShare of HR 320P gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a transmission line instead of a processing plantShare of HR 320P gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%May 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 359,675 mcf

  • Transmission line (2)

    5.0% · 19,157 mcf

  • Lease fuel (1)

    0.4% · 1,544 mcf

  • Flared (4)

    0.3% · 993 mcf

0.3% 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.

4 wells on this lease

Wells on HR 320P
API numberWell no.Status
42-317-406314HCActive
42-317-406325HEActive
42-317-406336HDActive
42-317-406347HFActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jan 1, 2020–
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 gasGathers100Jul 13, 2017Jan 1, 2020
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 13, 2017Jan 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jul 13, 2017Jan 1, 2020

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

5,382.80 acres on the newest permit

An allocation well is on this lease

Permits for HR 320P
API numberWell no.Acreson the permit
42-317-406314HC5,382.80
42-317-406325HE5,382.80
42-317-406336HD5,382.80
42-317-406347HF5,382.80

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 HR 320P
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA468458000$80.46$2.89
Jun 2026Ovintiv USA2373201,1061,0450$84.81$3.15
May 2026Ovintiv USA1,7261,81818,25218,11211$102.13$2.94
Apr 2026Ovintiv USA3,2553,26237,67037,51919$100.32$2.77
Mar 2026Ovintiv USA3,5973,57441,63141,46917$91.38$3.04
Feb 2026Ovintiv USA3,2593,52937,17936,97969$64.51$3.62
Jan 2026Ovintiv USA3,7563,31041,43441,24837$60.04$7.72
Dec 2025Ovintiv USA3,8493,86939,47339,202128$57.97$4.26
Nov 2025Ovintiv USA3,9393,93537,53637,3897$60.06$3.79
Oct 2025Ovintiv USA3,8273,83437,98337,82220$60.89$3.19
Sep 2025Ovintiv USA3,7343,70034,62834,300196$63.96$2.97
Aug 2025Ovintiv USA2,9372,95126,57425,975489$64.86$2.91
Jul 2025Ovintiv USA2,1812,20827,90327,7720$68.39$3.20
Jun 2025Ovintiv USA3,1003,05930,14429,810210$68.17$3.02
May 2025Ovintiv USA3,3313,34129,72929,6170$62.17$3.12
Apr 2025Ovintiv USA3,2503,27534,52434,241147$63.54$3.42
Mar 2025Ovintiv USA3,8563,83732,86132,7360$68.24$4.12
Feb 2025Ovintiv USA3,7363,74230,80730,6920$71.53$4.19
Jan 2025Ovintiv USA4,0154,01534,68234,5550$75.74$4.13
Dec 2024Ovintiv USA3,9813,97732,17632,0540$70.12$3.01
Nov 2024Ovintiv USA3,6853,70027,99327,86323$69.95$2.12
Oct 2024Ovintiv USA3,5563,53531,73831,53079$71.99$2.20
Sep 2024Ovintiv USA2,8032,77327,65327,245280$70.24$2.28
Aug 2024Ovintiv USA4,0964,12736,93636,77323$76.68$1.99
Jul 2024Ovintiv USA4,2954,29937,42437,2703$81.80$2.07
Jun 2024Ovintiv USA4,1524,13636,67236,370159$79.77$2.54
May 2024Ovintiv USA3,9073,88633,48533,3462$80.02$2.12
Apr 2024Ovintiv USA3,2143,22830,57830,34996$85.35$1.60
Mar 2024Ovintiv USA4,1394,14831,18931,0560$81.28$1.49
Feb 2024Ovintiv USA4,1974,17329,29029,1560$77.25$1.72
Jan 2024Ovintiv USA4,6465,10228,93928,615190$74.15$3.18
Dec 2023Ovintiv USA5,2504,81727,51627,31283$71.90$2.52
Nov 2023Ovintiv USA4,7984,75127,28927,1720$77.69$2.71
Oct 2023Ovintiv USA3,9013,94227,39027,079186$85.64$2.98
Sep 2023Ovintiv USA4,1794,15733,26433,1200$89.43$2.64
Aug 2023Ovintiv USA4,3374,36433,27232,719415$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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