Texas oil lease
ProducingVALENTINE 254A
Valentine 254A is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.
11 wells
- Operator
- Ovintiv USA Inc.
- County
- Martin County
- RRC lease
- 08-64790
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 368,966 mcf
- Oil in Jul 2026
- 66,380 bbl
Production by month
Oil output fell 24% since May 2025
- Oil (bars)
- Gas (line)
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 7.6% of the gas in Nov 2025.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
91% · 335,736 mcf
Transmission line (2)
7.1% · 26,141 mcf
Flared (4)
1.8% · 6,516 mcf
Lease fuel (1)
0.2% · 573 mcf
1.8% of the gas flared in the last 12 months. 3 months above 3%.
11 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-317-46502 | 101HF | Active |
| 42-317-46503 | 102HL | Active |
| 42-317-46504 | 103HD | Active |
| 42-317-46505 | 104HJ | Active |
| 42-317-46506 | 105HJ | Active |
| 42-317-46507 | 106HC | Active |
| 42-317-46508 | 107HF | Shut-in |
| 42-317-46509 | 108HL | Shut-in |
| 42-317-46510 | 109HJ | Active |
| 42-317-46511 | 110HR | Active |
| 42-317-46512 | 111HD | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Marketing, L.p. | Oil | Gathers | 100 | May 12, 2025 |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | May 12, 2025 |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | May 12, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
821.10 acres on the newest permit
- Good to know
11 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-317-46507 | 106HC | Nov 20, 2024 | May 14, 2025 | 821.10 |
| 42-317-46508 | 107HF | Nov 20, 2024 | May 4, 2025 | 821.10 |
| 42-317-46509 | 108HL | Nov 20, 2024 | May 11, 2025 | 821.10 |
| 42-317-46510 | 109HJ | Nov 20, 2024 | May 11, 2025 | 821.10 |
| 42-317-46511 | 110HR | Nov 20, 2024 | May 13, 2025 | 821.10 |
| 42-317-46512 | 111HD | Nov 20, 2024 | May 7, 2025 | 821.10 |
| 42-317-46502 | 101HF | Nov 13, 2024 | May 12, 2025 | 821.10 |
| 42-317-46503 | 102HL | Nov 13, 2024 | May 12, 2025 | 821.10 |
| 42-317-46504 | 103HD | Nov 13, 2024 | May 13, 2025 | 821.10 |
| 42-317-46505 | 104HJ | Nov 13, 2024 | May 14, 2025 | 821.10 |
| 42-317-46506 | 105HJ | Nov 13, 2024 | May 14, 2025 | 821.10 |
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 | $23.21 | SEC filing |
SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
15 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 66,380 | 66,360 | 169,732 | 167,020 | 2,430 | $80.46 | $2.89 |
| Jun 2026 | 8,655 | 8,652 | 16,426 | 15,978 | 421 | $84.81 | $3.15 |
| May 2026 | 6,638 | 6,640 | 10,179 | 10,163 | 0 | $102.13 | $2.94 |
| Apr 2026 | 7,971 | 7,973 | 12,923 | 12,903 | 0 | $100.32 | $2.77 |
| Mar 2026 | 9,310 | 9,308 | 15,658 | 15,626 | 7 | $91.38 | $3.04 |
| Feb 2026 | 9,178 | 9,179 | 14,360 | 14,333 | 4 | $64.51 | $3.62 |
| Jan 2026 | 10,199 | 10,205 | 15,345 | 14,383 | 939 | $60.04 | $7.72 |
| Dec 2025 | 14,293 | 14,287 | 21,049 | 20,766 | 254 | $57.97 | $4.26 |
| Nov 2025 | 11,145 | 11,149 | 13,521 | 12,478 | 1,023 | $60.06 | $3.79 |
| Oct 2025 | 16,523 | 16,526 | 21,501 | 20,935 | 537 | $60.89 | $3.19 |
| Sep 2025 | 20,071 | 20,109 | 24,530 | 23,854 | 643 | $63.96 | $2.97 |
| Aug 2025 | 30,144 | 30,139 | 33,742 | 33,438 | 258 | $64.86 | $2.91 |
| Jul 2025 | 40,785 | 40,790 | 35,188 | 33,975 | 1,167 | $68.39 | $3.20 |
| Jun 2025 | 40,478 | 40,488 | 30,381 | 29,949 | 391 | $68.17 | $3.02 |
| May 2025 | 26,849 | 26,774 | 20,415 | 20,203 | 161 | $62.17 | $3.12 |
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
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Leases within 10 km
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Drilling permits within 10 km
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 0.3 km
Permit 0918791 · Sep 23, 2026
GW WOLCOTT #R 1MS
new drill · horizontal · Diamondback E&P LLC · Martin County · 0.3 km
Permit 0918729 · Sep 21, 2026
GW WOLCOTT #R 1JM
new drill · horizontal · Diamondback E&P LLC · Martin County · 0.3 km
Permit 0917824 · Aug 17, 2026
STAR PARTY 253R #109HC
new drill · horizontal · Ovintiv USA Inc. · Martin County · 8.3 km
Permit 0916711 · Jul 27, 2026
STAR PARTY 253Q #107HG
new drill · horizontal · Ovintiv USA Inc. · Martin County · 8.3 km
Permit 0916703 · Jul 27, 2026