DE MARTINEZ, M.
DE MARTINEZ, M. is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,359,975 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 $498K, with roughly $138K 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 10,468 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 59,103 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 DE MARTINEZ, M.
- Who operates DE MARTINEZ, M.?
- DE MARTINEZ, M. is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is DE MARTINEZ, M.?
- DE MARTINEZ, M. is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 069227.
- Is DE MARTINEZ, M. still producing?
- DE MARTINEZ, M. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DE MARTINEZ, M. is August 2026.
- How much has DE MARTINEZ, M. produced?
- DE MARTINEZ, M. has reported 1,359,975 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DE MARTINEZ, M. worth?
- The remaining production from DE MARTINEZ, M. is estimated to be worth about $498K in total as of 27 August 2026, within a range of $408K to $587K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DE MARTINEZ, M. is a fraction of it. The estimate fits an Arps decline curve to the production DE MARTINEZ, M. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DE MARTINEZ, M. is an estimate of value, not an offer and not an appraisal.
- How much income does DE MARTINEZ, M. generate in a year?
- DE MARTINEZ, M. is forecast to net about $138K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DE MARTINEZ, M. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | J. C. Martin (Lobo) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 069227 |
| Wellbores | 1 |
| Reported production | 1,359,975 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where DE MARTINEZ, M. 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.