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Texas oil lease

Producing

HR DALTON EAST 248B

HR Dalton East 248B is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

2 wells

68,042bbl oil, last 12 months−63% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62398

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
320,817 mcf
Oil in Jul 2026
7,255 bbl

Production by month

Oil output fell 63% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for HR DALTON EAST 248B, Jul 2024 to Jul 2026. Oil output fell 63% over the last 12 months. 68,042 bbl in the 12 months through Jul 2026, against 181,828 bbl in the 12 months before.Last 12 months: 68,042 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for HR DALTON EAST 248B, Jul 2024 to Jul 2026. Oil output fell 63% over the last 12 months. 68,042 bbl in the 12 months through Jul 2026, against 181,828 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJul 24Jan 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

Flaring peaked at 10.2% of the gas in Sep 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 HR DALTON EAST 248B gas by disposition code each month, Jul 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 10.2% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 10.2%Jul 24OctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HR DALTON EAST 248B gas by disposition code each month, Jul 2024 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 10.2% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 10.2%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    82% · 263,297 mcf

  • Transmission line (2)

    15% · 48,472 mcf

  • Flared (4)

    2.7% · 8,805 mcf

  • Lease fuel (1)

    0.1% · 243 mcf

2.7% of the gas flared in the last 12 months. 11 months above 3%.

2 wells on this lease

Wells on HR DALTON EAST 248B
API numberWell no.Status
42-317-45984101HDActive
42-317-45985102HGActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jul 31, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Jul 31, 2024
Enterprise Products Operating LLCCasinghead gasGathers100Jul 31, 2024

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

Who buys my oilOil price check

5,646.88 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 HR Dalton East 248B
API numberWell no.Acreson the permit
42-317-45984101HD5,646.88
42-317-45985102HG5,646.88

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

25 months, newest first

Ledger for HR DALTON EAST 248B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,2557,25436,77836,7480$80.46$2.89
Jun 20263,1823,19318,91218,8970$84.81$3.15
May 20265,4255,41929,60029,5750$102.13$2.94
Apr 20263,9043,89915,61315,6000$100.32$2.77
Mar 20264,4384,44623,91423,777117$91.38$3.04
Feb 20264,6634,67619,57419,150405$64.51$3.62
Jan 20266,0986,08423,55923,266270$60.04$7.72
Dec 20258,1178,09328,43326,6761,734$57.97$4.26
Nov 20255,9495,94031,66530,4811,165$60.06$3.79
Oct 20255,3275,33330,22528,7691,438$60.89$3.19
Sep 20256,3506,34929,91826,8583,042$63.96$2.97
Aug 20257,3347,34732,62631,972634$64.86$2.91
Jul 20257,7987,78332,21431,293902$68.39$3.20
Jun 20257,7787,78326,47125,641814$68.17$3.02
May 20259,5419,53433,61933,6000$62.17$3.12
Apr 20258,0588,08229,82026,9722,829$63.54$3.42
Mar 202511,50811,52838,65637,1021,530$68.24$4.12
Feb 202510,68910,67133,54632,1231,400$71.53$4.19
Jan 202513,62813,65438,76738,231510$75.74$4.13
Dec 202415,27315,27140,84739,2031,619$70.12$3.01
Nov 202416,90716,90236,30334,3311,950$69.95$2.12
Oct 202425,15425,16946,81944,5962,195$71.99$2.20
Sep 202429,33429,28342,52542,4990$70.24$2.28
Aug 202426,16026,11527,19827,1810$76.68$1.99
Jul 2024262532320$81.80$2.07

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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