HNE 249N

HNE 249N is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Encana Oil & Gas(Usa) Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 839,506 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $238K, with roughly $60K expected over the next twelve months.

OperatorEncana Oil & Gas(Usa) Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number51412
Wellbores2
Reported production839,506 bbl
First reportedNovember 2018
Last reportedAugust 2026
Estimated royalty value$238K

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.