BALMORHEA 258N
BALMORHEA 258N 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 953,639 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 $35.2M, with roughly $12.7M 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 25,676 barrels a month, about 5,135 per wellbore. Its strongest month on the record we hold was October 2024, at 121,233 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 258N
- Who operates BALMORHEA 258N?
- BALMORHEA 258N is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is BALMORHEA 258N?
- BALMORHEA 258N is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62580.
- Is BALMORHEA 258N still producing?
- BALMORHEA 258N is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALMORHEA 258N is August 2026.
- How much has BALMORHEA 258N produced?
- BALMORHEA 258N has reported 953,639 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 5 wellbores.
- How much is BALMORHEA 258N worth?
- The remaining production from BALMORHEA 258N is estimated to be worth about $35.2M in total as of 27 August 2026, within a range of $28.9M to $41.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALMORHEA 258N is a fraction of it. The estimate fits an Arps decline curve to the production BALMORHEA 258N has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALMORHEA 258N is an estimate of value, not an offer and not an appraisal.
- How much income does BALMORHEA 258N generate in a year?
- BALMORHEA 258N is forecast to net about $12.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALMORHEA 258N 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 | 62580 |
| Wellbores | 5 |
| Reported production | 953,639 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $35.2M |
Where BALMORHEA 258N 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.