DUFFMAN 253L
DUFFMAN 253L is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 4 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 1,036,262 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 $30.2M, with roughly $9.9M 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 18,379 barrels a month, about 4,595 per wellbore. Its strongest month on the record we hold was December 2023, at 89,847 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 DUFFMAN 253L
- Who operates DUFFMAN 253L?
- DUFFMAN 253L is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is DUFFMAN 253L?
- DUFFMAN 253L is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62163.
- Is DUFFMAN 253L still producing?
- DUFFMAN 253L is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUFFMAN 253L is August 2026.
- How much has DUFFMAN 253L produced?
- DUFFMAN 253L has reported 1,036,262 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 4 wellbores.
- How much is DUFFMAN 253L worth?
- The remaining production from DUFFMAN 253L is estimated to be worth about $30.2M in total as of 27 August 2026, within a range of $24.8M to $35.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUFFMAN 253L is a fraction of it. The estimate fits an Arps decline curve to the production DUFFMAN 253L has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUFFMAN 253L is an estimate of value, not an offer and not an appraisal.
- How much income does DUFFMAN 253L generate in a year?
- DUFFMAN 253L is forecast to net about $9.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DUFFMAN 253L 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 | 62163 |
| Wellbores | 4 |
| Reported production | 1,036,262 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $30.2M |
Where DUFFMAN 253L 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.