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Texas oil lease

Producing

FOLSOM

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

9 wells

195,072bbl oil, last 12 months−53% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-62034

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
1,892,241 mcf
Oil in Jul 2026
12,485 bbl

Production by month

Oil output fell 53% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for FOLSOM, Nov 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 195,072 bbl in the 12 months through Jul 2026, against 418,295 bbl in the 12 months before.Last 12 months: 195,072 bblbbl per monthmcf per month00100k100k200k200k300k300k400k400kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 53% over the last 12 monthsMonthly oil production and gas for FOLSOM, Nov 2023 to Jul 2026. Oil output fell 53% over the last 12 months. 195,072 bbl in the 12 months through Jul 2026, against 418,295 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100k100k200k200k300k300k400k400kJan 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 5.3% of the gas in Jan 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of FOLSOM gas by disposition code each month, Nov 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 5.3% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 5.3%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of FOLSOM gas by disposition code each month, Nov 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 5.3% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 5.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 1,574,691 mcf

  • Transmission line (2)

    17% · 315,907 mcf

  • Flared (4)

    0.1% · 1,643 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

9 wells on this lease

Wells on FOLSOM
API numberWell no.Status
42-317-45354101HDActive
42-317-45355102HGActive
42-317-45356103HDActive
42-317-45357104HEActive
42-317-45358105HCActive
42-317-45361106HDActive
42-317-45362107HGShut-in
42-317-45363108HDActive
42-317-45364109HEActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Nov 15, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Nov 15, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Nov 15, 2023

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

Who buys my oilOil price check

519.76 acres on the newest permit

9 wells are listed on this lease

Permits for Folsom
API numberWell no.Acreson the permit
42-317-45354101HD519.76
42-317-45355102HG519.76
42-317-45356103HD519.76
42-317-45357104HE519.76
42-317-45358105HC519.76
42-317-45361106HD519.76
42-317-45362107HG519.76
42-317-45363108HD519.76
42-317-45364109HE519.76

SourceRailroad Commission drilling permits, Sep 26, 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

33 months, newest first

Ledger for FOLSOM
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202612,48512,528148,384148,34143$80.46$2.89
Jun 202612,17212,114152,039152,02019$84.81$3.15
May 202614,99915,048163,907163,88720$102.13$2.94
Apr 202614,60914,564156,867156,85215$100.32$2.77
Mar 202618,66518,672168,391168,3847$91.38$3.04
Feb 202614,19414,168142,878142,85028$64.51$3.62
Jan 202615,87715,964150,274150,23242$60.04$7.72
Dec 202517,68117,649161,527161,46463$57.97$4.26
Nov 202518,35918,383159,015158,98332$60.06$3.79
Oct 202518,55618,533160,216160,20313$60.89$3.19
Sep 202519,24219,246164,246164,2424$63.96$2.97
Aug 202518,23318,212164,497163,1401,357$64.86$2.91
Jul 202524,78324,968198,850198,8428$68.39$3.20
Jun 202522,56622,518181,489181,138351$68.17$3.02
May 202528,48828,523210,101210,0983$62.17$3.12
Apr 202527,66227,668185,778182,4843,294$63.54$3.42
Mar 202528,71828,652191,254191,23618$68.24$4.12
Feb 202529,42829,474183,489183,45534$71.53$4.19
Jan 202535,13635,081211,396211,275121$75.74$4.13
Dec 202438,05038,181217,647217,60542$70.12$3.01
Nov 202439,96239,961217,068217,02642$69.95$2.12
Oct 202444,22744,136233,853233,77380$71.99$2.20
Sep 202448,38248,499230,673229,877796$70.24$2.28
Aug 202450,89350,850234,145234,10639$76.68$1.99
Jul 202459,31959,506256,951256,9510$81.80$2.07
Jun 202466,06965,723258,689258,561128$79.77$2.54
May 202476,11776,365271,662271,62240$80.02$2.12
Apr 202487,93487,708285,610285,180430$85.35$1.60
Mar 2024107,788107,923304,103302,3601,743$81.28$1.49
Feb 2024127,108127,133303,152302,579573$77.25$1.72
Jan 2024182,965182,983312,681296,06116,620$74.15$3.18
Dec 2023270,208270,061338,021337,502519$71.90$2.52
Nov 202355,64555,31448,47948,333146$77.69$2.71

Flared above 3%

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