HOLT RANCH 249I
HOLT RANCH 249I 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 November 2015 to August 2026, totalling 342,989 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 $2.2M, with roughly $701K 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 1,051 barrels a month. Its strongest month on the record we hold was May 2016, at 8,683 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 HOLT RANCH 249I
- Who operates HOLT RANCH 249I?
- HOLT RANCH 249I is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is HOLT RANCH 249I?
- HOLT RANCH 249I is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48483.
- Is HOLT RANCH 249I still producing?
- HOLT RANCH 249I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLT RANCH 249I is August 2026.
- How much has HOLT RANCH 249I produced?
- HOLT RANCH 249I has reported 342,989 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is HOLT RANCH 249I worth?
- The remaining production from HOLT RANCH 249I is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.8M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLT RANCH 249I is a fraction of it. The estimate fits an Arps decline curve to the production HOLT RANCH 249I 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 249I is an estimate of value, not an offer and not an appraisal.
- How much income does HOLT RANCH 249I generate in a year?
- HOLT RANCH 249I is forecast to net about $701K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOLT RANCH 249I 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 | 48483 |
| Wellbores | 1 |
| Reported production | 342,989 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where HOLT RANCH 249I 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.