PORTER-HORTON
PORTER-HORTON is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by Altair Energy Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 34,818 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 $314K, with roughly $55K 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 67 barrels a month. Its strongest month on the record we hold was October 2023, at 199 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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-HORTON
- Who operates PORTER-HORTON?
- PORTER-HORTON is operated by Altair Energy Corp., Railroad Commission of Texas operator number 015730.
- Where is PORTER-HORTON?
- PORTER-HORTON is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 10022.
- Is PORTER-HORTON still producing?
- PORTER-HORTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PORTER-HORTON is August 2026.
- How much has PORTER-HORTON produced?
- PORTER-HORTON has reported 34,818 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PORTER-HORTON worth?
- The remaining production from PORTER-HORTON is estimated to be worth about $314K in total as of 27 August 2026, within a range of $173K to $455K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTER-HORTON is a fraction of it. The estimate fits an Arps decline curve to the production PORTER-HORTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTER-HORTON is an estimate of value, not an offer and not an appraisal.
- How much income does PORTER-HORTON generate in a year?
- PORTER-HORTON is forecast to net about $55K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PORTER-HORTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Altair Energy Corp. |
|---|---|
| Field | Willow Springs (Pettit) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 10022 |
| Wellbores | 1 |
| Reported production | 34,818 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $314K |
Where PORTER-HORTON 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.