MARTIN
MARTIN is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Republic Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 901,498 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 $116K, with roughly $20K 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 906 thousand cubic feet a month. Its strongest month on the record we hold was February 2020, at 2,135 thousand cubic feet. 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
- Who operates MARTIN?
- MARTIN is operated by Republic Energy Inc., Railroad Commission of Texas operator number 702645.
- Where is MARTIN?
- MARTIN is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 187362.
- Is MARTIN still producing?
- MARTIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN is August 2026.
- How much has MARTIN produced?
- MARTIN has reported 901,498 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2001 and August 2026, from 1 wellbore.
- How much is MARTIN worth?
- The remaining production from MARTIN is estimated to be worth about $116K in total as of 26 August 2026, within a range of $91K to $142K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN generate in a year?
- MARTIN is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Republic Energy Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 187362 |
| Wellbores | 1 |
| Reported production | 901,498 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where MARTIN 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.