G. MARTINEZ
G. MARTINEZ 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 July 1994 to August 2026, totalling 10,695,288 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 $970K, with roughly $171K 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 7,739 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 18,245 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 G. MARTINEZ
- Who operates G. MARTINEZ?
- G. MARTINEZ is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is G. MARTINEZ?
- G. MARTINEZ is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 150699.
- Is G. MARTINEZ still producing?
- G. MARTINEZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for G. MARTINEZ is August 2026.
- How much has G. MARTINEZ produced?
- G. MARTINEZ has reported 10,695,288 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1994 and August 2026, from 1 wellbore.
- How much is G. MARTINEZ worth?
- The remaining production from G. MARTINEZ is estimated to be worth about $970K in total as of 27 August 2026, within a range of $805K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in G. MARTINEZ is a fraction of it. The estimate fits an Arps decline curve to the production G. MARTINEZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for G. MARTINEZ is an estimate of value, not an offer and not an appraisal.
- How much income does G. MARTINEZ generate in a year?
- G. MARTINEZ is forecast to net about $171K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in G. MARTINEZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Mcmurrey, SW (Lobo) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 150699 |
| Wellbores | 1 |
| Reported production | 10,695,288 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $970K |
Where G. MARTINEZ 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.