NORTH MARTINDALE WEST
NORTH MARTINDALE WEST is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 20,107 barrels. The lease is intermittent. 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 $6.7M, with roughly $1.3M 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 917 barrels a month, about 306 per wellbore. Its strongest month on the record we hold was April 2026, at 10,091 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 NORTH MARTINDALE WEST
- Who operates NORTH MARTINDALE WEST?
- NORTH MARTINDALE WEST is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is NORTH MARTINDALE WEST?
- NORTH MARTINDALE WEST is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21738.
- Is NORTH MARTINDALE WEST still producing?
- NORTH MARTINDALE WEST is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NORTH MARTINDALE WEST is August 2026.
- How much has NORTH MARTINDALE WEST produced?
- NORTH MARTINDALE WEST has reported 20,107 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 3 wellbores.
- How much is NORTH MARTINDALE WEST worth?
- The remaining production from NORTH MARTINDALE WEST is estimated to be worth about $6.7M in total as of 27 August 2026, within a range of $5.2M to $8.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH MARTINDALE WEST is a fraction of it. The estimate fits an Arps decline curve to the production NORTH MARTINDALE WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH MARTINDALE WEST is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH MARTINDALE WEST generate in a year?
- NORTH MARTINDALE WEST is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH MARTINDALE WEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 21738 |
| Wellbores | 3 |
| Reported production | 20,107 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.7M |
Where NORTH MARTINDALE WEST 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.