MARTIN QR
MARTIN QR is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Gunn Oil Company. It has 5 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 179,272 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 $1.2M, with roughly $303K 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 469 barrels a month, about 94 per wellbore. Its strongest month on the record we hold was February 2018, at 1,796 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 QR
- Who operates MARTIN QR?
- MARTIN QR is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is MARTIN QR?
- MARTIN QR is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31148.
- Is MARTIN QR still producing?
- MARTIN QR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN QR is August 2026.
- How much has MARTIN QR produced?
- MARTIN QR has reported 179,272 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 5 wellbores.
- How much is MARTIN QR worth?
- The remaining production from MARTIN QR is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $899K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN QR is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN QR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN QR is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN QR generate in a year?
- MARTIN QR is forecast to net about $303K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN QR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Bridjourner |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 31148 |
| Wellbores | 5 |
| Reported production | 179,272 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where MARTIN QR 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.