NIMITZ 11
NIMITZ 11 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 February 2020 to August 2026, totalling 207,665 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 $932K, with roughly $573K 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 1,519 barrels a month. Its strongest month on the record we hold was October 2021, at 13,154 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 11
- Who operates NIMITZ 11?
- NIMITZ 11 is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is NIMITZ 11?
- NIMITZ 11 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56212.
- Is NIMITZ 11 still producing?
- NIMITZ 11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIMITZ 11 is August 2026.
- How much has NIMITZ 11 produced?
- NIMITZ 11 has reported 207,665 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is NIMITZ 11 worth?
- The remaining production from NIMITZ 11 is estimated to be worth about $932K in total as of 26 August 2026, within a range of $773K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIMITZ 11 is a fraction of it. The estimate fits an Arps decline curve to the production NIMITZ 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIMITZ 11 is an estimate of value, not an offer and not an appraisal.
- How much income does NIMITZ 11 generate in a year?
- NIMITZ 11 is forecast to net about $573K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIMITZ 11 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 | 56212 |
| Wellbores | 1 |
| Reported production | 207,665 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $932K |
Where NIMITZ 11 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.