MARTIN CHERRY SR

MARTIN CHERRY SR 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 January 2017 to August 2026, totalling 4,839 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 $74K, with roughly $14K 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 22 barrels a month. Its strongest month on the record we hold was July 2017, at 113 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 SR

Who operates MARTIN CHERRY SR?
MARTIN CHERRY SR is operated by Mca Petroleum Corporation, Railroad Commission of Texas operator number 537160.
Where is MARTIN CHERRY SR?
MARTIN CHERRY SR is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27230.
Is MARTIN CHERRY SR still producing?
MARTIN CHERRY SR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN CHERRY SR is August 2026.
How much has MARTIN CHERRY SR produced?
MARTIN CHERRY SR has reported 4,839 barrels of oil (bbl) to the Railroad Commission of Texas between January 2017 and August 2026, from 1 wellbore.
How much is MARTIN CHERRY SR worth?
The remaining production from MARTIN CHERRY SR is estimated to be worth about $74K in total as of 26 August 2026, within a range of $41K to $108K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN CHERRY SR is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN CHERRY SR 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 SR is an estimate of value, not an offer and not an appraisal.
How much income does MARTIN CHERRY SR generate in a year?
MARTIN CHERRY SR is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTIN CHERRY SR receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MARTIN CHERRY SR as filed with the Railroad Commission of Texas
OperatorMca Petroleum Corporation
FieldMuldoon (Weidel Sand)
CountyFayette County, Texas
RRC district03
Lease number27230
Wellbores1
Reported production4,839 bbl
First reported
Last reported
Estimated royalty value$74K

Where MARTIN CHERRY SR 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.