MARTHA
MARTHA is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Estate Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from May 1995 to August 2026, totalling 31,929 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $529 expected over the next twelve months.
| Operator | Estate Oil & Gas Corp. |
|---|---|
| Field | Giddings (Navarro, Oil) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22738 |
| Wellbores | 1 |
| Reported production | 31,929 bbl |
| First reported | May 1995 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.