MARTIN, J.C.
MARTIN, J.C. 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 December 2006 to August 2026, totalling 2,735,548 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 $482K, with roughly $85K 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 2,675 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 8,233 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 MARTIN, J.C.
- Who operates MARTIN, J.C.?
- MARTIN, J.C. is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is MARTIN, J.C.?
- MARTIN, J.C. is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 223654.
- Is MARTIN, J.C. still producing?
- MARTIN, J.C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN, J.C. is August 2026.
- How much has MARTIN, J.C. produced?
- MARTIN, J.C. has reported 2,735,548 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is MARTIN, J.C. worth?
- The remaining production from MARTIN, J.C. is estimated to be worth about $482K in total as of 27 August 2026, within a range of $400K to $564K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN, J.C. is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN, J.C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN, J.C. is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN, J.C. generate in a year?
- MARTIN, J.C. is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN, J.C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Cisco-Benavides (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 223654 |
| Wellbores | 1 |
| Reported production | 2,735,548 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $482K |
Where MARTIN, J.C. 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.