NIMITZ 4
NIMITZ 4 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Lario Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 683,441 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 $258K, with roughly $211K 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 944 barrels a month. Its strongest month on the record we hold was December 2019, at 29,622 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 NIMITZ 4
- Who operates NIMITZ 4?
- NIMITZ 4 is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is NIMITZ 4?
- NIMITZ 4 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53767.
- Is NIMITZ 4 still producing?
- NIMITZ 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIMITZ 4 is August 2026.
- How much has NIMITZ 4 produced?
- NIMITZ 4 has reported 683,441 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is NIMITZ 4 worth?
- The remaining production from NIMITZ 4 is estimated to be worth about $258K in total as of 26 August 2026, within a range of $201K to $315K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIMITZ 4 is a fraction of it. The estimate fits an Arps decline curve to the production NIMITZ 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIMITZ 4 is an estimate of value, not an offer and not an appraisal.
- How much income does NIMITZ 4 generate in a year?
- NIMITZ 4 is forecast to net about $211K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIMITZ 4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 53767 |
| Wellbores | 1 |
| Reported production | 683,441 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $258K |
Where NIMITZ 4 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.