ORA
ORA is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by BHP Petroleum (Americas) Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 884,442 thousand cubic feet. The lease is intermittent. 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 $182K, with roughly $28K 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 1,413 thousand cubic feet a month. Its strongest month on the record we hold was December 2025, at 2,545 thousand cubic feet. 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 ORA
- Who operates ORA?
- ORA is operated by BHP Petroleum (Americas) Inc., Railroad Commission of Texas operator number 068610.
- Where is ORA?
- ORA is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 028394.
- Is ORA still producing?
- ORA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ORA is August 2026.
- How much has ORA produced?
- ORA has reported 884,442 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ORA worth?
- The remaining production from ORA is estimated to be worth about $182K in total as of 26 August 2026, within a range of $151K to $213K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ORA is a fraction of it. The estimate fits an Arps decline curve to the production ORA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ORA is an estimate of value, not an offer and not an appraisal.
- How much income does ORA generate in a year?
- ORA is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ORA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Petroleum (Americas) Inc. |
|---|---|
| Field | Hansford (Morrow, Lower) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 028394 |
| Wellbores | 1 |
| Reported production | 884,442 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $182K |
Where ORA 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.