MARTIN TRUST
MARTIN TRUST is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 2,519,374 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 $962K, with roughly $198K 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 6,482 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 32,098 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 TRUST
- Who operates MARTIN TRUST?
- MARTIN TRUST is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is MARTIN TRUST?
- MARTIN TRUST is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278052.
- Is MARTIN TRUST still producing?
- MARTIN TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN TRUST is August 2026.
- How much has MARTIN TRUST produced?
- MARTIN TRUST has reported 2,519,374 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is MARTIN TRUST worth?
- The remaining production from MARTIN TRUST is estimated to be worth about $962K in total as of 27 August 2026, within a range of $798K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN TRUST is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN TRUST generate in a year?
- MARTIN TRUST is forecast to net about $198K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Clark Martin (Granite Wash) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 278052 |
| Wellbores | 1 |
| Reported production | 2,519,374 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $962K |
Where MARTIN TRUST 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.