MARTIN CHERRY
MARTIN CHERRY is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Mca Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 4,685 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 $123K, with roughly $24K 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 34 barrels a month. Its strongest month on the record we hold was May 2016, at 140 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 MARTIN CHERRY
- Who operates MARTIN CHERRY?
- MARTIN CHERRY is operated by Mca Petroleum Corporation, Railroad Commission of Texas operator number 537160.
- Where is MARTIN CHERRY?
- MARTIN CHERRY is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27075.
- Is MARTIN CHERRY still producing?
- MARTIN CHERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN CHERRY is August 2026.
- How much has MARTIN CHERRY produced?
- MARTIN CHERRY has reported 4,685 barrels of oil (bbl) to the Railroad Commission of Texas between April 2016 and August 2026, from 1 wellbore.
- How much is MARTIN CHERRY worth?
- The remaining production from MARTIN CHERRY is estimated to be worth about $123K in total as of 26 August 2026, within a range of $68K to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN CHERRY is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN CHERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN CHERRY is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN CHERRY generate in a year?
- MARTIN CHERRY is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTIN CHERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mca Petroleum Corporation |
|---|---|
| Field | Muldoon (Weidel Sand) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 27075 |
| Wellbores | 1 |
| Reported production | 4,685 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where MARTIN CHERRY 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.