PORTER
PORTER is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 1,096 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 $123K, with roughly $16K 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 4 barrels a month. Its strongest month on the record we hold was January 2020, at 23 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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
- Who operates PORTER?
- PORTER is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is PORTER?
- PORTER is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08337.
- Is PORTER still producing?
- PORTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PORTER is August 2026.
- How much has PORTER produced?
- PORTER has reported 1,096 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 1 wellbore.
- How much is PORTER worth?
- The remaining production from PORTER is estimated to be worth about $123K in total as of 26 August 2026, within a range of $0 to $246K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTER is a fraction of it. The estimate fits an Arps decline curve to the production PORTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTER is an estimate of value, not an offer and not an appraisal.
- How much income does PORTER generate in a year?
- PORTER is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PORTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08337 |
| Wellbores | 1 |
| Reported production | 1,096 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where PORTER 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.