REED MARTIN
REED MARTIN is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Newark E&P Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 25,979 barrels. The lease is shut in. 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 $7K, with roughly $1K 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 21 barrels a month. Its strongest month on the record we hold was June 2016, at 356 barrels.
Key facts about REED MARTIN
- Who operates REED MARTIN?
- REED MARTIN is operated by Newark E&P Operating, LLC, Railroad Commission of Texas operator number 606167.
- Where is REED MARTIN?
- REED MARTIN is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32567.
- Is REED MARTIN still producing?
- REED MARTIN is shut in. The most recent month of production reported to the Railroad Commission of Texas for REED MARTIN is August 2026.
- How much has REED MARTIN produced?
- REED MARTIN has reported 25,979 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is REED MARTIN worth?
- The remaining production from REED MARTIN is estimated to be worth about $7K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED MARTIN is a fraction of it. The estimate fits an Arps decline curve to the production REED MARTIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED MARTIN is an estimate of value, not an offer and not an appraisal.
- How much income does REED MARTIN generate in a year?
- REED MARTIN is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED MARTIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newark E&P Operating, LLC |
|---|---|
| Field | KRS (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 32567 |
| Wellbores | 1 |
| Reported production | 25,979 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where REED MARTIN 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.