PORTER MURPHY
PORTER MURPHY is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Ironroc Energy. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 67,191 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 $1.3M, with roughly $381K 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 539 barrels a month. Its strongest month on the record we hold was October 2022, at 6,352 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PORTER MURPHY
- Who operates PORTER MURPHY?
- PORTER MURPHY is operated by Ironroc Energy, Railroad Commission of Texas operator number 426612.
- Where is PORTER MURPHY?
- PORTER MURPHY is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28031.
- Is PORTER MURPHY still producing?
- PORTER MURPHY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PORTER MURPHY is August 2026.
- How much has PORTER MURPHY produced?
- PORTER MURPHY has reported 67,191 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is PORTER MURPHY worth?
- The remaining production from PORTER MURPHY is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $994K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTER MURPHY is a fraction of it. The estimate fits an Arps decline curve to the production PORTER MURPHY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTER MURPHY is an estimate of value, not an offer and not an appraisal.
- How much income does PORTER MURPHY generate in a year?
- PORTER MURPHY is forecast to net about $381K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PORTER MURPHY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ironroc Energy |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 28031 |
| Wellbores | 1 |
| Reported production | 67,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where PORTER MURPHY 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.