M. L. MARTIN-STATE A2803
M. L. MARTIN-STATE A2803 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 6,140,126 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 $1.3M, with roughly $295K 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 15,156 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 160,787 thousand cubic feet. 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 M. L. MARTIN-STATE A2803
- Who operates M. L. MARTIN-STATE A2803?
- M. L. MARTIN-STATE A2803 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is M. L. MARTIN-STATE A2803?
- M. L. MARTIN-STATE A2803 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 279359.
- Is M. L. MARTIN-STATE A2803 still producing?
- M. L. MARTIN-STATE A2803 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for M. L. MARTIN-STATE A2803 is August 2026.
- How much has M. L. MARTIN-STATE A2803 produced?
- M. L. MARTIN-STATE A2803 has reported 6,140,126 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2015 and August 2026, from 1 wellbore.
- How much is M. L. MARTIN-STATE A2803 worth?
- The remaining production from M. L. MARTIN-STATE A2803 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in M. L. MARTIN-STATE A2803 is a fraction of it. The estimate fits an Arps decline curve to the production M. L. MARTIN-STATE A2803 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for M. L. MARTIN-STATE A2803 is an estimate of value, not an offer and not an appraisal.
- How much income does M. L. MARTIN-STATE A2803 generate in a year?
- M. L. MARTIN-STATE A2803 is forecast to net about $295K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in M. L. MARTIN-STATE A2803 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 279359 |
| Wellbores | 1 |
| Reported production | 6,140,126 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where M. L. MARTIN-STATE A2803 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.