MOTT 3
MOTT 3 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 May 2021 to August 2026, totalling 319,689 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 $70K, with roughly $30K expected over the next twelve months.
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 56071 |
| Wellbores | 1 |
| Reported production | 319,689 bbl |
| First reported | May 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $70K |
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.