HOLT RANCH 320P
HOLT RANCH 320P is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 189,464 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $312K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 386 barrels a month. Its strongest month on the record we hold was October 2016, at 16,968 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HOLT RANCH 320P
- Who operates HOLT RANCH 320P?
- HOLT RANCH 320P is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is HOLT RANCH 320P?
- HOLT RANCH 320P is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48309.
- Is HOLT RANCH 320P still producing?
- HOLT RANCH 320P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLT RANCH 320P is August 2026.
- How much has HOLT RANCH 320P produced?
- HOLT RANCH 320P has reported 189,464 barrels of oil (bbl) to the Railroad Commission of Texas between August 2016 and August 2026, from 1 wellbore.
- How much is HOLT RANCH 320P worth?
- The remaining production from HOLT RANCH 320P is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $867K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLT RANCH 320P is a fraction of it. The estimate fits an Arps decline curve to the production HOLT RANCH 320P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLT RANCH 320P is an estimate of value, not an offer and not an appraisal.
- How much income does HOLT RANCH 320P generate in a year?
- HOLT RANCH 320P is forecast to net about $312K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOLT RANCH 320P receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 48309 |
| Wellbores | 1 |
| Reported production | 189,464 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where HOLT RANCH 320P sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.