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Texas oil lease

Producing

PORCH 254 B

Porch 254 B is an oil lease in Martin County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

4 wells

39,612bbl oil, last 12 months−33% vs prior year
Operator
Ovintiv USA Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-64133

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
198,056 mcf
Oil in Jul 2026
10,319 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PORCH 254 B, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 39,612 bbl in the 12 months through Jul 2026, against 59,128 bbl in the 12 months before.Last 12 months: 39,612 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for PORCH 254 B, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 39,612 bbl in the 12 months through Jul 2026, against 59,128 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 13.0% of the gas in Apr 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of PORCH 254 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 13.0% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 13.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of PORCH 254 B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 13.0% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 13.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    73% · 144,458 mcf

  • Transmission line (2)

    25% · 50,099 mcf

  • Flared (4)

    0.9% · 1,842 mcf

  • Lease fuel (1)

    0.8% · 1,657 mcf

0.9% of the gas flared in the last 12 months. 5 months above 3%.

4 wells on this lease

Wells on PORCH 254 B
API numberWell no.Status
42-317-447781WDActive
42-317-447792MSActive
42-317-447803WAActive
42-317-447814LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Nov 1, 2023
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2023
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,012.22 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Porch 254 B
API numberWell no.Acreson the permit
42-317-447781WD1,012.22
42-317-447792MS1,012.22
42-317-447803WA1,012.22
42-317-447814LS1,012.22

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PORCH 254 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,31910,31940,25339,088838$80.46$2.89
Jun 20269,2389,22537,27436,9490$84.81$3.15
May 20261,8491,84813,25913,1500$102.13$2.94
Apr 20261,6571,65713,37813,2690$100.32$2.77
Mar 20261,9881,99014,30114,1860$91.38$3.04
Feb 20261,8131,81713,53913,34281$64.51$3.62
Jan 20262,7422,74416,70515,865699$60.04$7.72
Dec 20252,8032,80914,66814,52527$57.97$4.26
Nov 20253,1613,13612,35512,17680$60.06$3.79
Oct 20254834882,2392,14871$60.89$3.19
Sep 20251,0531,0676,6156,52530$63.96$2.97
Aug 20252,5062,50713,47013,33416$64.86$2.91
Jul 20253,2763,27114,81514,393304$68.39$3.20
Jun 20252,5692,57611,32311,087148$68.17$3.02
May 20253,2363,23114,50014,144233$62.17$3.12
Apr 20253,3423,34414,53914,4207$63.54$3.42
Mar 20253,8713,87415,26315,10739$68.24$4.12
Feb 20253,8583,89712,82812,536182$71.53$4.19
Jan 20254,8784,84814,21513,808290$75.74$4.13
Dec 20245,6305,63214,16713,332713$70.12$3.01
Nov 20246,0586,06212,48912,30578$69.95$2.12
Oct 20247,2897,29313,25612,858287$71.99$2.20
Sep 20247,9607,94910,82510,7320$70.24$2.28
Aug 20247,1617,1456,9606,714185$76.68$1.99
Jul 20244,6804,6733,7733,7360$81.80$2.07
Jun 20242,5872,5752,3082,2820$79.77$2.54
May 2024021000$80.02$2.12
Apr 20246,0586,07711,70410,1021,524$85.35$1.60
Mar 202410,21710,22319,47419,29375$81.28$1.49
Feb 202410,92510,92718,80418,554157$77.25$1.72
Jan 202413,21413,20217,28716,1841,003$74.15$3.18
Dec 202315,35115,35014,94014,8630$71.90$2.52
Nov 202315,06315,05110,60110,305237$77.69$2.71
Oct 202313,60413,6129,2709,034183$85.64$2.98
Sep 202313,07613,06611,77211,66152$89.43$2.64
Aug 202311,14811,1458,4018,3620$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMartin County

Ovintiv USA Inc. in Martin County

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Spraberry (Trend Area) field

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