DFK 319F
DFK 319F is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 3 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 774,148 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 $8.5M, with roughly $2.2M 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 2,541 barrels a month, about 847 per wellbore. Its strongest month on the record we hold was December 2020, at 77,742 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DFK 319F
- Who operates DFK 319F?
- DFK 319F is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is DFK 319F?
- DFK 319F is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55455.
- Is DFK 319F still producing?
- DFK 319F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DFK 319F is August 2026.
- How much has DFK 319F produced?
- DFK 319F has reported 774,148 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 3 wellbores.
- How much is DFK 319F worth?
- The remaining production from DFK 319F is estimated to be worth about $8.5M in total as of 26 August 2026, within a range of $7.0M to $9.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DFK 319F is a fraction of it. The estimate fits an Arps decline curve to the production DFK 319F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DFK 319F is an estimate of value, not an offer and not an appraisal.
- How much income does DFK 319F generate in a year?
- DFK 319F is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DFK 319F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 55455 |
| Wellbores | 3 |
| Reported production | 774,148 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.5M |
Where DFK 319F 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.