WALTMAN
WALTMAN is a Texas gas lease in Brazos County, Railroad Commission district 03, operated by Martineau Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 34,701 thousand cubic feet. 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 $7K, with roughly $1K 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 10 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 677 thousand cubic feet. 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 WALTMAN
- Who operates WALTMAN?
- WALTMAN is operated by Martineau Petroleum, Inc., Railroad Commission of Texas operator number 531036.
- Where is WALTMAN?
- WALTMAN is a Texas gas lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 232226.
- Is WALTMAN still producing?
- WALTMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALTMAN is August 2026.
- How much has WALTMAN produced?
- WALTMAN has reported 34,701 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
- How much is WALTMAN worth?
- The remaining production from WALTMAN is estimated to be worth about $7K in total as of 26 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALTMAN is a fraction of it. The estimate fits an Arps decline curve to the production WALTMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALTMAN is an estimate of value, not an offer and not an appraisal.
- How much income does WALTMAN generate in a year?
- WALTMAN is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALTMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Martineau Petroleum, Inc. |
|---|---|
| Field | Giddings (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 232226 |
| Wellbores | 1 |
| Reported production | 34,701 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where WALTMAN 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.