MARTIN-SMITH
MARTIN-SMITH is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Mckee, Kenneth W. Oil Co. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,244 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 $37K, with roughly $5K 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 2 barrels a month. Its strongest month on the record we hold was August 2016, at 24 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MARTIN-SMITH
- Who operates MARTIN-SMITH?
- MARTIN-SMITH is operated by Mckee, Kenneth W. Oil Co., Railroad Commission of Texas operator number 550500.
- Where is MARTIN-SMITH?
- MARTIN-SMITH is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 18166.
- Is MARTIN-SMITH still producing?
- MARTIN-SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN-SMITH is August 2026.
- How much has MARTIN-SMITH produced?
- MARTIN-SMITH has reported 6,244 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is MARTIN-SMITH worth?
- The remaining production from MARTIN-SMITH is estimated to be worth about $37K in total as of 26 August 2026, within a range of $0 to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN-SMITH is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN-SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN-SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN-SMITH generate in a year?
- MARTIN-SMITH is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTIN-SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mckee, Kenneth W. Oil Co. |
|---|---|
| Field | Clay-Ray, West (Strawn 3800) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 18166 |
| Wellbores | 6 |
| Reported production | 6,244 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where MARTIN-SMITH 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.