BALMORHEA 2580
BALMORHEA 2580 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 5 wellbores on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 1,267,528 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 $49.6M, with roughly $17.8M 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 34,096 barrels a month, about 6,819 per wellbore. Its strongest month on the record we hold was October 2024, at 166,201 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 BALMORHEA 2580
- Who operates BALMORHEA 2580?
- BALMORHEA 2580 is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is BALMORHEA 2580?
- BALMORHEA 2580 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62759.
- Is BALMORHEA 2580 still producing?
- BALMORHEA 2580 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALMORHEA 2580 is August 2026.
- How much has BALMORHEA 2580 produced?
- BALMORHEA 2580 has reported 1,267,528 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 5 wellbores.
- How much is BALMORHEA 2580 worth?
- The remaining production from BALMORHEA 2580 is estimated to be worth about $49.6M in total as of 27 August 2026, within a range of $40.7M to $58.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALMORHEA 2580 is a fraction of it. The estimate fits an Arps decline curve to the production BALMORHEA 2580 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALMORHEA 2580 is an estimate of value, not an offer and not an appraisal.
- How much income does BALMORHEA 2580 generate in a year?
- BALMORHEA 2580 is forecast to net about $17.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALMORHEA 2580 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 | 62759 |
| Wellbores | 5 |
| Reported production | 1,267,528 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $49.6M |
Where BALMORHEA 2580 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.