MARTIN, NAN "A"
MARTIN, NAN "A" is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Fagadau Energy Corporation. It has 34 wellbores on file with the Commission. Reported production runs from January 2002 to August 2026, totalling 3,215,489 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 $1.3M, with roughly $475K 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 770 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was May 2016, at 14,878 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, NAN "A"
- Who operates MARTIN, NAN "A"?
- MARTIN, NAN "A" is operated by Fagadau Energy Corporation, Railroad Commission of Texas operator number 257680.
- Where is MARTIN, NAN "A"?
- MARTIN, NAN "A" is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68405.
- Is MARTIN, NAN "A" still producing?
- MARTIN, NAN "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN, NAN "A" is August 2026.
- How much has MARTIN, NAN "A" produced?
- MARTIN, NAN "A" has reported 3,215,489 barrels of oil (bbl) to the Railroad Commission of Texas between January 2002 and August 2026, from 34 wellbores.
- How much is MARTIN, NAN "A" worth?
- The remaining production from MARTIN, NAN "A" is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $988K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN, NAN "A" is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN, NAN "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN, NAN "A" is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN, NAN "A" generate in a year?
- MARTIN, NAN "A" is forecast to net about $475K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN, NAN "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fagadau Energy Corporation |
|---|---|
| Field | Clayton Ranch, N. (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 68405 |
| Wellbores | 34 |
| Reported production | 3,215,489 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where MARTIN, NAN "A" 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.