PORCH 254 A
PORCH 254 A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 242,066 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 $2.6M, with roughly $1.5M 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 3,345 barrels a month, about 1,673 per wellbore. Its strongest month on the record we hold was September 2023, at 23,353 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 PORCH 254 A
- Who operates PORCH 254 A?
- PORCH 254 A is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is PORCH 254 A?
- PORCH 254 A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64132.
- Is PORCH 254 A still producing?
- PORCH 254 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PORCH 254 A is August 2026.
- How much has PORCH 254 A produced?
- PORCH 254 A has reported 242,066 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 2 wellbores.
- How much is PORCH 254 A worth?
- The remaining production from PORCH 254 A is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.1M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORCH 254 A is a fraction of it. The estimate fits an Arps decline curve to the production PORCH 254 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORCH 254 A is an estimate of value, not an offer and not an appraisal.
- How much income does PORCH 254 A generate in a year?
- PORCH 254 A is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PORCH 254 A 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 | 64132 |
| Wellbores | 2 |
| Reported production | 242,066 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where PORCH 254 A 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.