DUFFMAN 253M
DUFFMAN 253M is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 518,010 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 $10.0M, with roughly $5.2M 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 10,290 barrels a month, about 5,145 per wellbore. Its strongest month on the record we hold was January 2024, at 39,995 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 253M
- Who operates DUFFMAN 253M?
- DUFFMAN 253M is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is DUFFMAN 253M?
- DUFFMAN 253M is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62164.
- Is DUFFMAN 253M still producing?
- DUFFMAN 253M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUFFMAN 253M is August 2026.
- How much has DUFFMAN 253M produced?
- DUFFMAN 253M has reported 518,010 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 2 wellbores.
- How much is DUFFMAN 253M worth?
- The remaining production from DUFFMAN 253M is estimated to be worth about $10.0M in total as of 27 August 2026, within a range of $8.2M to $11.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUFFMAN 253M is a fraction of it. The estimate fits an Arps decline curve to the production DUFFMAN 253M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUFFMAN 253M is an estimate of value, not an offer and not an appraisal.
- How much income does DUFFMAN 253M generate in a year?
- DUFFMAN 253M is forecast to net about $5.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DUFFMAN 253M 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 | 62164 |
| Wellbores | 2 |
| Reported production | 518,010 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.0M |
Where DUFFMAN 253M 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.