MARTHA, C.W.
MARTHA, C.W. is a Texas gas lease in Lee County, Railroad Commission district 03, operated by Magnolia Oil & Gas Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2025 to August 2026, totalling 9 thousand cubic feet. The lease is shut in. 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 $99, with roughly $12 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 thousand cubic feet a month. Its strongest month on the record we hold was October 2025, at 6 thousand cubic feet.
Key facts about MARTHA, C.W.
- Who operates MARTHA, C.W.?
- MARTHA, C.W. is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is MARTHA, C.W.?
- MARTHA, C.W. is a Texas gas lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 300785.
- Is MARTHA, C.W. still producing?
- MARTHA, C.W. is shut in. The most recent month of production reported to the Railroad Commission of Texas for MARTHA, C.W. is August 2026.
- How much has MARTHA, C.W. produced?
- MARTHA, C.W. has reported 9 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
- How much is MARTHA, C.W. worth?
- The remaining production from MARTHA, C.W. is estimated to be worth about $99 in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTHA, C.W. is a fraction of it. The estimate fits an Arps decline curve to the production MARTHA, C.W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTHA, C.W. is an estimate of value, not an offer and not an appraisal.
- How much income does MARTHA, C.W. generate in a year?
- MARTHA, C.W. is forecast to net about $12 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTHA, C.W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 300785 |
| Wellbores | 1 |
| Reported production | 9 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $99 |
Where MARTHA, C.W. 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.