VT MARTIN TRUST'S ST OF TX
VT MARTIN TRUST'S ST OF TX is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Virtex Petroleum Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 287,126 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 $126K, with roughly $19K 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 782 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 1,519 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 VT MARTIN TRUST'S ST OF TX
- Who operates VT MARTIN TRUST'S ST OF TX?
- VT MARTIN TRUST'S ST OF TX is operated by Virtex Petroleum Company, Inc., Railroad Commission of Texas operator number 886228.
- Where is VT MARTIN TRUST'S ST OF TX?
- VT MARTIN TRUST'S ST OF TX is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 225842.
- Is VT MARTIN TRUST'S ST OF TX still producing?
- VT MARTIN TRUST'S ST OF TX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VT MARTIN TRUST'S ST OF TX is August 2026.
- How much has VT MARTIN TRUST'S ST OF TX produced?
- VT MARTIN TRUST'S ST OF TX has reported 287,126 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is VT MARTIN TRUST'S ST OF TX worth?
- The remaining production from VT MARTIN TRUST'S ST OF TX is estimated to be worth about $126K in total as of 27 August 2026, within a range of $98K to $154K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VT MARTIN TRUST'S ST OF TX is a fraction of it. The estimate fits an Arps decline curve to the production VT MARTIN TRUST'S ST OF TX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VT MARTIN TRUST'S ST OF TX is an estimate of value, not an offer and not an appraisal.
- How much income does VT MARTIN TRUST'S ST OF TX generate in a year?
- VT MARTIN TRUST'S ST OF TX is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VT MARTIN TRUST'S ST OF TX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Petroleum Company, Inc. |
|---|---|
| Field | Las Tiendas (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 225842 |
| Wellbores | 1 |
| Reported production | 287,126 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $126K |
Where VT MARTIN TRUST'S ST OF TX 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.