PORTER UNIT
PORTER UNIT is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Penn Virginia Oil & Gas, L.P. It has 9 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 1,023,000 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 $1.8M, with roughly $626K 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 1,034 barrels a month, about 115 per wellbore. Its strongest month on the record we hold was May 2016, at 9,309 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 PORTER UNIT
- Who operates PORTER UNIT?
- PORTER UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is PORTER UNIT?
- PORTER UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10698.
- Is PORTER UNIT still producing?
- PORTER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PORTER UNIT is August 2026.
- How much has PORTER UNIT produced?
- PORTER UNIT has reported 1,023,000 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 9 wellbores.
- How much is PORTER UNIT worth?
- The remaining production from PORTER UNIT is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PORTER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PORTER UNIT generate in a year?
- PORTER UNIT is forecast to net about $626K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PORTER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 10698 |
| Wellbores | 9 |
| Reported production | 1,023,000 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where PORTER UNIT 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.