PXP MARTIN, ALBERT
PXP MARTIN, ALBERT is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Asher Resources. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,732,514 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 $3K, with roughly $424 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 28 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 7,436 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PXP MARTIN, ALBERT
- Who operates PXP MARTIN, ALBERT?
- PXP MARTIN, ALBERT is operated by Asher Resources, Railroad Commission of Texas operator number 034241.
- Where is PXP MARTIN, ALBERT?
- PXP MARTIN, ALBERT is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 000487.
- Is PXP MARTIN, ALBERT still producing?
- PXP MARTIN, ALBERT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PXP MARTIN, ALBERT is August 2026.
- How much has PXP MARTIN, ALBERT produced?
- PXP MARTIN, ALBERT has reported 1,732,514 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PXP MARTIN, ALBERT worth?
- The remaining production from PXP MARTIN, ALBERT is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PXP MARTIN, ALBERT is a fraction of it. The estimate fits an Arps decline curve to the production PXP MARTIN, ALBERT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PXP MARTIN, ALBERT is an estimate of value, not an offer and not an appraisal.
- How much income does PXP MARTIN, ALBERT generate in a year?
- PXP MARTIN, ALBERT is forecast to net about $424 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PXP MARTIN, ALBERT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Asher Resources |
|---|---|
| Field | Stuart City (Edwards Lime) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 000487 |
| Wellbores | 1 |
| Reported production | 1,732,514 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where PXP MARTIN, ALBERT 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.