MARPAT
MARPAT is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by Emerald Bay Energy, Inc. It has 17 wellbores on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 4,560 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 $248K, with roughly $48K 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 65 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was July 2016, at 325 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MARPAT
- Who operates MARPAT?
- MARPAT is operated by Emerald Bay Energy, Inc., Railroad Commission of Texas operator number 250962.
- Where is MARPAT?
- MARPAT is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18821.
- Is MARPAT still producing?
- MARPAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARPAT is August 2026.
- How much has MARPAT produced?
- MARPAT has reported 4,560 barrels of oil (bbl) to the Railroad Commission of Texas between March 2016 and August 2026, from 17 wellbores.
- How much is MARPAT worth?
- The remaining production from MARPAT is estimated to be worth about $248K in total as of 26 August 2026, within a range of $137K to $360K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARPAT is a fraction of it. The estimate fits an Arps decline curve to the production MARPAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARPAT is an estimate of value, not an offer and not an appraisal.
- How much income does MARPAT generate in a year?
- MARPAT is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARPAT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Emerald Bay Energy, Inc. |
|---|---|
| Field | Somerset |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 18821 |
| Wellbores | 17 |
| Reported production | 4,560 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $248K |
Where MARPAT 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.