GREEN 24-36-F
GREEN 24-36-F is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Cutbow Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 277,436 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 $11.9M, with roughly $3.3M 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 5,279 barrels a month. Its strongest month on the record we hold was February 2024, at 23,502 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 GREEN 24-36-F
- Who operates GREEN 24-36-F?
- GREEN 24-36-F is operated by Cutbow Operating, LLC, Railroad Commission of Texas operator number 195763.
- Where is GREEN 24-36-F?
- GREEN 24-36-F is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61022.
- Is GREEN 24-36-F still producing?
- GREEN 24-36-F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN 24-36-F is August 2026.
- How much has GREEN 24-36-F produced?
- GREEN 24-36-F has reported 277,436 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 1 wellbore.
- How much is GREEN 24-36-F worth?
- The remaining production from GREEN 24-36-F is estimated to be worth about $11.9M in total as of 26 August 2026, within a range of $9.8M to $13.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN 24-36-F is a fraction of it. The estimate fits an Arps decline curve to the production GREEN 24-36-F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN 24-36-F is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN 24-36-F generate in a year?
- GREEN 24-36-F is forecast to net about $3.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREEN 24-36-F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cutbow Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 61022 |
| Wellbores | 1 |
| Reported production | 277,436 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.9M |
Where GREEN 24-36-F 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.