MARTIN #3111
MARTIN #3111 is a Texas oil lease in Baylor County, Railroad Commission district 09, operated by Brower Oil & Gas Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 4,593 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 $20K, with roughly $4K 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 6 barrels a month. Its strongest month on the record we hold was July 2020, at 200 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 #3111
- Who operates MARTIN #3111?
- MARTIN #3111 is operated by Brower Oil & Gas Co., Inc., Railroad Commission of Texas operator number 097494.
- Where is MARTIN #3111?
- MARTIN #3111 is a Texas oil lease in Baylor County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32163.
- Is MARTIN #3111 still producing?
- MARTIN #3111 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN #3111 is August 2026.
- How much has MARTIN #3111 produced?
- MARTIN #3111 has reported 4,593 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is MARTIN #3111 worth?
- The remaining production from MARTIN #3111 is estimated to be worth about $20K in total as of 27 August 2026, within a range of $0 to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN #3111 is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN #3111 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN #3111 is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN #3111 generate in a year?
- MARTIN #3111 is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN #3111 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brower Oil & Gas Co., Inc. |
|---|---|
| Field | Westover, Ne. (Mississippian) |
| County | Baylor County, Texas |
| RRC district | 09 |
| Lease number | 32163 |
| Wellbores | 1 |
| Reported production | 4,593 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where MARTIN #3111 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.