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Texas oil lease

Producing

HRN 249X

HRN 249X is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

3 wells

113,400bbl oil, last 12 months−33% vs prior year
RRC lease
08-59168

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
612,265 mcf
Oil in Jul 2026
8,835 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for HRN 249X, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 113,400 bbl in the 12 months through Jul 2026, against 170,448 bbl in the 12 months before.Last 12 months: 113,400 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for HRN 249X, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 113,400 bbl in the 12 months through Jul 2026, against 170,448 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 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

Flaring peaked at 11.3% of the gas in Jan 2024.

  • 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 HRN 249X 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. Flaring peaked at 11.3% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 11.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of HRN 249X 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. Flaring peaked at 11.3% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 11.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    82% · 499,116 mcf

  • Transmission line (2)

    16% · 98,095 mcf

  • Flared (4)

    1.7% · 10,477 mcf

  • Lease fuel (1)

    0.7% · 4,577 mcf

1.7% of the gas flared in the last 12 months. 6 months above 3%.

3 wells on this lease

Wells on HRN 249X
API numberWell no.Status
42-317-445981705HGActive
42-317-445991706HCActive
42-317-446001707HDActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jan 13, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Jan 13, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Jan 13, 2023

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

4,228.70 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 HRN 249X
API numberWell no.Acreson the permit
42-317-445981705HG4,228.70
42-317-445991706HC4,228.70
42-317-446001707HD4,228.70

SourceRailroad Commission drilling permits, Oct 3, 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 HRN 249X
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,8358,81658,69357,2571,004$80.46$2.89
Jun 20267,3627,38048,22346,1121,748$84.81$3.15
May 20268,3428,34052,38351,9830$102.13$2.94
Apr 20268,6808,69354,61854,1820$100.32$2.77
Mar 20269,1169,11453,06352,6670$91.38$3.04
Feb 20268,6448,63347,94247,5760$64.51$3.62
Jan 202610,35010,34649,38249,0100$60.04$7.72
Dec 20259,5259,54949,99649,014632$57.97$4.26
Nov 20259,8349,84048,01143,0584,607$60.06$3.79
Oct 202510,93110,90350,70949,990338$60.89$3.19
Sep 202511,10911,10749,09047,812919$63.96$2.97
Aug 202510,67210,66850,15548,5501,229$64.86$2.91
Jul 202512,04412,06851,36350,735234$68.39$3.20
Jun 202512,01512,02452,13050,6791,067$68.17$3.02
May 202512,05812,07054,78354,025344$62.17$3.12
Apr 202513,83213,82851,50949,2761,843$63.54$3.42
Mar 202514,75214,79152,94352,5540$68.24$4.12
Feb 202513,95513,91746,47345,831310$71.53$4.19
Jan 202516,75516,71951,52150,794369$75.74$4.13
Dec 202416,35416,37149,68149,3420$70.12$3.01
Nov 202416,11516,10749,66248,987349$69.95$2.12
Oct 202410,59410,57237,71637,346113$71.99$2.20
Sep 202415,84915,92558,58557,864304$70.24$2.28
Aug 202416,12516,08662,59757,9524,232$76.68$1.99
Jul 202422,32122,29884,76582,7161,560$81.80$2.07
Jun 202423,45223,55082,46781,324696$79.77$2.54
May 202427,09827,04183,20579,2103,535$80.02$2.12
Apr 202430,32030,27578,39077,653341$85.35$1.60
Mar 202422,18222,19973,18672,192618$81.28$1.49
Feb 202426,82626,79491,25390,194639$77.25$1.72
Jan 202430,53330,53498,98887,31911,204$74.15$3.18
Dec 202330,67330,773102,626101,600548$71.90$2.52
Nov 202334,29934,27192,45891,7730$77.69$2.71
Oct 202335,88035,93291,04590,3530$85.64$2.98
Sep 202339,48439,49397,10296,4430$89.43$2.64
Aug 202347,98447,99095,15794,5170$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

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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