HSC 319T
HSC 319T is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 4 wellbores on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 1,344,167 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 $8.2M, 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 2,163 barrels a month, about 541 per wellbore. Its strongest month on the record we hold was July 2018, at 144,081 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 HSC 319T
- Who operates HSC 319T?
- HSC 319T is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is HSC 319T?
- HSC 319T is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51405.
- Is HSC 319T still producing?
- HSC 319T is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HSC 319T is August 2026.
- How much has HSC 319T produced?
- HSC 319T has reported 1,344,167 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 4 wellbores.
- How much is HSC 319T worth?
- The remaining production from HSC 319T is estimated to be worth about $8.2M in total as of 27 August 2026, within a range of $6.8M to $9.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HSC 319T is a fraction of it. The estimate fits an Arps decline curve to the production HSC 319T has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HSC 319T is an estimate of value, not an offer and not an appraisal.
- How much income does HSC 319T generate in a year?
- HSC 319T is forecast to net about $2.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HSC 319T 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 | 51405 |
| Wellbores | 4 |
| Reported production | 1,344,167 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.2M |
Where HSC 319T 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.