MERCURIO MARTINEZ ET AL UNIT
MERCURIO MARTINEZ ET AL UNIT 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 February 1994 to August 2026, totalling 2,387,211 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 $43K, with roughly $5K 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 215 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 3,090 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MERCURIO MARTINEZ ET AL UNIT
- Who operates MERCURIO MARTINEZ ET AL UNIT?
- MERCURIO MARTINEZ ET AL UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is MERCURIO MARTINEZ ET AL UNIT?
- MERCURIO MARTINEZ ET AL UNIT is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 148974.
- Is MERCURIO MARTINEZ ET AL UNIT still producing?
- MERCURIO MARTINEZ ET AL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERCURIO MARTINEZ ET AL UNIT is August 2026.
- How much has MERCURIO MARTINEZ ET AL UNIT produced?
- MERCURIO MARTINEZ ET AL UNIT has reported 2,387,211 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1994 and August 2026, from 1 wellbore.
- How much is MERCURIO MARTINEZ ET AL UNIT worth?
- The remaining production from MERCURIO MARTINEZ ET AL UNIT is estimated to be worth about $43K in total as of 27 August 2026, within a range of $33K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERCURIO MARTINEZ ET AL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MERCURIO MARTINEZ ET AL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERCURIO MARTINEZ ET AL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MERCURIO MARTINEZ ET AL UNIT generate in a year?
- MERCURIO MARTINEZ ET AL UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MERCURIO MARTINEZ ET AL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Agarito (Lobo) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 148974 |
| Wellbores | 1 |
| Reported production | 2,387,211 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where MERCURIO MARTINEZ ET AL UNIT 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.