MARTINEZ DIM
MARTINEZ DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 8 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 836,338 barrels. 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 $2.5M, with roughly $623K 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 822 barrels a month, about 103 per wellbore. Its strongest month on the record we hold was May 2016, at 5,650 barrels. 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 DIM
- Who operates MARTINEZ DIM?
- MARTINEZ DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MARTINEZ DIM?
- MARTINEZ DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15826.
- Is MARTINEZ DIM still producing?
- MARTINEZ DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTINEZ DIM is August 2026.
- How much has MARTINEZ DIM produced?
- MARTINEZ DIM has reported 836,338 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 8 wellbores.
- How much is MARTINEZ DIM worth?
- The remaining production from MARTINEZ DIM is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.0M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTINEZ DIM is a fraction of it. The estimate fits an Arps decline curve to the production MARTINEZ DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTINEZ DIM is an estimate of value, not an offer and not an appraisal.
- How much income does MARTINEZ DIM generate in a year?
- MARTINEZ DIM is forecast to net about $623K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTINEZ DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15826 |
| Wellbores | 8 |
| Reported production | 836,338 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where MARTINEZ DIM 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.