VALENTINE 254A
VALENTINE 254A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 11 wellbores on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 236,946 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 $10.2M, with roughly $4.4M 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 19,746 barrels a month, about 1,795 per wellbore. Its strongest month on the record we hold was July 2025, at 40,785 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 VALENTINE 254A
- Who operates VALENTINE 254A?
- VALENTINE 254A is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is VALENTINE 254A?
- VALENTINE 254A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64790.
- Is VALENTINE 254A still producing?
- VALENTINE 254A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VALENTINE 254A is August 2026.
- How much has VALENTINE 254A produced?
- VALENTINE 254A has reported 236,946 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 11 wellbores.
- How much is VALENTINE 254A worth?
- The remaining production from VALENTINE 254A is estimated to be worth about $10.2M in total as of 26 August 2026, within a range of $8.4M to $12.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VALENTINE 254A is a fraction of it. The estimate fits an Arps decline curve to the production VALENTINE 254A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VALENTINE 254A is an estimate of value, not an offer and not an appraisal.
- How much income does VALENTINE 254A generate in a year?
- VALENTINE 254A is forecast to net about $4.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VALENTINE 254A 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 | 64790 |
| Wellbores | 11 |
| Reported production | 236,946 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.2M |
Where VALENTINE 254A 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.