MARTIN PHILLIPS
MARTIN PHILLIPS is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Gunn Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 39,712 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 $20K, with roughly $4K expected over the next twelve months.
| Operator | Gunn Oil Company |
|---|---|
| Field | Bridjourner |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32386 |
| Wellbores | 1 |
| Reported production | 39,712 bbl |
| First reported | October 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $20K |
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.