MARTIN
MARTIN is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Friemel, Paul D. & Assoc., Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 105,287 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 $644K, with roughly $120K 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 140 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was May 2022, at 701 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates MARTIN?
- MARTIN is operated by Friemel, Paul D. & Assoc., Inc., Railroad Commission of Texas operator number 286546.
- Where is MARTIN?
- MARTIN is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29989.
- Is MARTIN still producing?
- MARTIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN is August 2026.
- How much has MARTIN produced?
- MARTIN has reported 105,287 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is MARTIN worth?
- The remaining production from MARTIN is estimated to be worth about $644K in total as of 26 August 2026, within a range of $502K to $786K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN generate in a year?
- MARTIN is forecast to net about $120K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Friemel, Paul D. & Assoc., Inc. |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 29989 |
| Wellbores | 8 |
| Reported production | 105,287 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $644K |
Where 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.