HNC 248

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. HNC 248 Oil & Gas Property

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Property Summary

Key data points for HNC 248

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesJan 2018 - Mar 2026
Total Oil Production8,622,812 BBLs
Total Gas Production30,087,693 MCF
Recent Oil Production12,949 BBLs in Feb 2026
Recent Gas Production174,708 MCF in Feb 2026
Wells on Property22

Our Valuation Estimates for HNC 248

ShaleAssessment™

$666,644 *

MarketMultiple™

$3,511,037 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

HNC 248 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for HNC 248
from Jan 2018 to Mar 2026

Wells on HNC 248

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-40985HNC 248D 1HFOVINTIV USA INC.ProducingMartin County, TX32.340917-102.119083
42-317-40986HNC 248E 4HFOVINTIV USA INC.ProducingMartin County, TX32.340772-102.119398
42-317-40987HNC 248D 2HCOVINTIV USA INC.Shut InMartin County, TX32.340964-102.119481
42-317-40988HNC 248D 3HEOVINTIV USA INC.Shut InMartin County, TX32.340836-102.119425
42-317-41028HNC 248F 7HEOVINTIV USA INC.ProducingMartin County, TX32.341928-102.116502
42-317-41029HNC 248F 8HCOVINTIV USA INC.Shut InMartin County, TX32.342302-102.115754
42-317-41030HNC 248F 9HFOVINTIV USA INC.Shut InMartin County, TX32.342225-102.115171
42-317-41031HNC 248G 10HEOVINTIV USA INC.ProducingMartin County, TX32.342372-102.115440
42-317-41828HNC 248A 601HFOVINTIV USA INC.ProducingMartin County, TX32.362549-102.133449
42-317-41831HNC 248A 602HDOVINTIV USA INC.Shut InMartin County, TX32.362563-102.133369
42-317-41833HNC 248A 603HEOVINTIV USA INC.Shut InMartin County, TX32.362577-102.133288
42-317-41834HNC 248B 604HCOVINTIV USA INC.ProducingMartin County, TX32.362605-102.133131
42-317-41837HNC 248B 605HFOVINTIV USA INC.Shut InMartin County, TX32.362633-102.132973
42-317-41838HNC 248B 606HEOVINTIV USA INC.Shut InMartin County, TX32.362843-102.131785
42-317-41839HNC 248C 607HDOVINTIV USA INC.ProducingMartin County, TX32.362885-102.131716
42-317-41840HNC 248C 608HFOVINTIV USA INC.Shut InMartin County, TX32.362871-102.131624
42-317-41841HNC 248C 609HEOVINTIV USA INC.Shut InMartin County, TX32.362899-102.131467
42-317-41842HNC 248CC 610HFOVINTIV USA INC.ProducingMartin County, TX32.362927-102.131306
42-317-41844HNC 248CC 611HCOVINTIV USA INC.Shut InMartin County, TX32.363635-102.127236
42-317-41845HNC 248DD 612HEOVINTIV USA INC.ProducingMartin County, TX32.363703-102.127255
42-317-41849HNC 248DD 613HFOVINTIV USA INC.Shut InMartin County, TX32.363836-102.127298
42-317-41850HNC 248DD 614HDOVINTIV USA INC.Shut InMartin County, TX32.363901-102.127318

Leases included in HNC 248

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49932HNC 248FOVINTIV USA INC.Martin County, TX
08-50660HNC 248DOVINTIV USA INC.Martin County, TX
08-50833HNC 248EOVINTIV USA INC.Martin County, TX
08-51334HNC 248GOVINTIV USA INC.Martin County, TX
08-52307HNC 248AOVINTIV USA INC.Martin County, TX
08-52312HNC 248BOVINTIV USA INC.Martin County, TX
08-52323HNC 248COVINTIV USA INC.Martin County, TX
08-52343HNC 248DDOVINTIV USA INC.Martin County, TX
08-52473HNC 248CCOVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the HNC 248 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
DFK 319Martin County, TX20,205 BBLs215,289 MCFMar 2026
Dorothy FayeMartin County, TX15,271 BBLs110,937 MCFMar 2026
Elizabeth Anne 134Martin County, TX78,165 BBLs193,913 MCFMar 2026
FolsomMartin County, TX14,194 BBLs142,878 MCFMar 2026
HC 320Martin County, TX3,273 BBLs7,975 MCFMar 2026
HN 249Martin County, TX8,386 BBLs56,111 MCFMar 2026
HNC A248eMartin County, TX1,031 BBLs10,680 MCFMar 2026
HNC Mulligan 248Martin County, TX113,951 BBLs189,678 MCFMar 2026
Hne 249Martin County, TX18,029 BBLs156,530 MCFMar 2026
HoltMartin County, TX49,839 BBLs279,638 MCFMar 2026
Holt RanchMartin County, TX884 BBLs14,737 MCFMar 2026
HR 320Martin County, TX5,577 BBLs54,547 MCFMar 2026
HR Bane 249Martin County, TX31,629 BBLs141,835 MCFMar 2026
HR Dalton East 248Martin County, TX3,846 BBLs11,128 MCFMar 2026
HRN 249Martin County, TX15,283 BBLs120,261 MCFMar 2026
HSC 3Martin County, TX17,641 BBLs144,438 MCFMar 2026
Hse 320Martin County, TX10,102 BBLs119,661 MCFMar 2026
Jo Gregory 250Martin County, TX74,560 BBLs243,092 MCFMar 2026
Katherine Dawn 133-247Martin County, TX91,975 BBLs199,278 MCFMar 2026
Mabee KJ WestMartin County, TX2,265 BBLs12,042 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the HNC 248 property.

Company Name
Arco Permian
Athlon Holdings LP
Breck Operating Corp.
Brown Tom Inc
Burleson Petroleum, Inc.
Diamondback E&P LLC
Eagle Energy Acquisitions LP
Encana Oil & Gas (USA) Inc.
Endeavor Energy Resources, LP
H & M Resources LLC
Henry Petroleum Corp.
Hibernia Resources, LLC
Ovintiv USA Inc.
Owl Ops LLC
Piedra Operating, LLC
Reef Exploration, Inc. (A-1)
Sandridge Exploration And Production LLC
Southwest Royalties, Inc.
Stephens, Autry C.
Trilogy Operating, Inc.

Frac'ing activity on HNC 248

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-40985HNC 248D 1HF
42-317-40986HNC 248E 4HF
42-317-40987HNC 248D 2HC
42-317-40988HNC 248D 3HE
42-317-41028HNC 248F 7HE
42-317-41029HNC 248F 8HC
42-317-41030HNC 248F 9HF
42-317-41031HNC 248G 10HE
42-317-41828HNC 248A 601HF
42-317-41831HNC 248A 602HD
42-317-41833HNC 248A 603HE
42-317-41834HNC 248B 604HC
42-317-41837HNC 248B 605HF
42-317-41838HNC 248B 606HE
42-317-41839HNC 248C 607HD
42-317-41840HNC 248C 608HF
42-317-41841HNC 248C 609HE
42-317-41842HNC 248C 610HF
42-317-41844HNC 248C 611HC
42-317-41845HNC 248DD 612HE
42-317-41849HNC 248DD 613HF
42-317-41850HNC 248DD 614HD

Owners of HNC 248

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025OVINTIV USA INCHNC 248DOVINTIV USA INC
2025OVINTIV USA INCHNC 248DD #612HEOVINTIV USA INC.
2025OVINTIV USA INCHNC 248A #601HFOVINTIV USA INC.
2025OVINTIV USA INCHNC 248CC #611HCOVINTIV USA INC.
2025OVINTIV USA INCHNC 248DD #614HDOVINTIV USA INC.
2025OVINTIV USA INCHNC 248DD #613HFOVINTIV USA INC.
2025OVINTIV USA INCHNC 248GOVINTIV USA INC
2025OVINTIV USA INCHNC 248A #603HEOVINTIV USA INC.
Displaying 8 of 471 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on HNC 248

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49932HNC 248FMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-50660HNC 248DMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-50833HNC 248EMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-51334HNC 248GMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-52307HNC 248AMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-52312HNC 248BMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-52323HNC 248CMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-52343HNC 248DDMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-52473HNC 248CCMar 2026OVINTIV USA INC.OVINTIV USA INC.
08-49932HNC 248FFeb 2026OVINTIV USA INC.
08-49932HNC 248FFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-49932HNC 248FFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-50660HNC 248DFeb 2026OVINTIV USA INC.
08-50660HNC 248DFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-50660HNC 248DFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-50833HNC 248EFeb 2026OVINTIV USA INC.
08-50833HNC 248EFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-50833HNC 248EFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-51334HNC 248GFeb 2026OVINTIV USA INC.
08-51334HNC 248GFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-51334HNC 248GFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-52307HNC 248AFeb 2026OVINTIV USA INC.
08-52307HNC 248AFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-52307HNC 248AFeb 2026OVINTIV USA INC.OVINTIV USA INC.
08-52312HNC 248BFeb 2026OVINTIV USA INC.