REEVES, MARTHA
REEVES, MARTHA is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 2,543,683 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 $1.3M, with roughly $203K 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 7,913 thousand cubic feet a month. Its strongest month on the record we hold was September 2020, at 14,800 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 REEVES, MARTHA
- Who operates REEVES, MARTHA?
- REEVES, MARTHA is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is REEVES, MARTHA?
- REEVES, MARTHA is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 257282.
- Is REEVES, MARTHA still producing?
- REEVES, MARTHA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REEVES, MARTHA is August 2026.
- How much has REEVES, MARTHA produced?
- REEVES, MARTHA has reported 2,543,683 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2010 and August 2026, from 1 wellbore.
- How much is REEVES, MARTHA worth?
- The remaining production from REEVES, MARTHA is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REEVES, MARTHA is a fraction of it. The estimate fits an Arps decline curve to the production REEVES, MARTHA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REEVES, MARTHA is an estimate of value, not an offer and not an appraisal.
- How much income does REEVES, MARTHA generate in a year?
- REEVES, MARTHA is forecast to net about $203K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REEVES, MARTHA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 257282 |
| Wellbores | 1 |
| Reported production | 2,543,683 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where REEVES, MARTHA 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.