MARTINEZ-RAMIREZ GAS UNIT
MARTINEZ-RAMIREZ GAS UNIT is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Houston Exploration Company, The. It has 1 wellbore on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 1,870,804 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 $81K, with roughly $12K 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 699 thousand cubic feet a month. Its strongest month on the record we hold was November 2022, at 6,653 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 MARTINEZ-RAMIREZ GAS UNIT
- Who operates MARTINEZ-RAMIREZ GAS UNIT?
- MARTINEZ-RAMIREZ GAS UNIT is operated by Houston Exploration Company, The, Railroad Commission of Texas operator number 402704.
- Where is MARTINEZ-RAMIREZ GAS UNIT?
- MARTINEZ-RAMIREZ GAS UNIT is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 223505.
- Is MARTINEZ-RAMIREZ GAS UNIT still producing?
- MARTINEZ-RAMIREZ GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTINEZ-RAMIREZ GAS UNIT is August 2026.
- How much has MARTINEZ-RAMIREZ GAS UNIT produced?
- MARTINEZ-RAMIREZ GAS UNIT has reported 1,870,804 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2006 and August 2026, from 1 wellbore.
- How much is MARTINEZ-RAMIREZ GAS UNIT worth?
- The remaining production from MARTINEZ-RAMIREZ GAS UNIT is estimated to be worth about $81K in total as of 27 August 2026, within a range of $63K to $99K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTINEZ-RAMIREZ GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MARTINEZ-RAMIREZ GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTINEZ-RAMIREZ GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MARTINEZ-RAMIREZ GAS UNIT generate in a year?
- MARTINEZ-RAMIREZ GAS UNIT is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTINEZ-RAMIREZ GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Houston Exploration Company, The |
|---|---|
| Field | Cisco-Benavides (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 223505 |
| Wellbores | 1 |
| Reported production | 1,870,804 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $81K |
Where MARTINEZ-RAMIREZ GAS 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.