PORTER, RICHARD
PORTER, RICHARD is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Winchester Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1999 to August 2026, totalling 592,825 thousand cubic feet. 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 $171K, with roughly $29K 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 1,003 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 3,231 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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, RICHARD
- Who operates PORTER, RICHARD?
- PORTER, RICHARD is operated by Winchester Production Company, Railroad Commission of Texas operator number 931352.
- Where is PORTER, RICHARD?
- PORTER, RICHARD is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 174000.
- Is PORTER, RICHARD still producing?
- PORTER, RICHARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PORTER, RICHARD is August 2026.
- How much has PORTER, RICHARD produced?
- PORTER, RICHARD has reported 592,825 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1999 and August 2026, from 1 wellbore.
- How much is PORTER, RICHARD worth?
- The remaining production from PORTER, RICHARD is estimated to be worth about $171K in total as of 27 August 2026, within a range of $142K to $200K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTER, RICHARD is a fraction of it. The estimate fits an Arps decline curve to the production PORTER, RICHARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTER, RICHARD is an estimate of value, not an offer and not an appraisal.
- How much income does PORTER, RICHARD generate in a year?
- PORTER, RICHARD is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PORTER, RICHARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Winchester Production Company |
|---|---|
| Field | Bethany (Palmer Sand) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 174000 |
| Wellbores | 1 |
| Reported production | 592,825 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $171K |
Where PORTER, RICHARD 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.