MARTIN, LEE
MARTIN, LEE is a Texas oil lease in Montague County, Railroad Commission district 09, operated by F B Operating, Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,857 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 $161, with roughly $31 expected over the next twelve months.
| Operator | F B Operating, Inc. |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 17464 |
| Wellbores | 10 |
| Reported production | 21,857 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $161 |
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.