ANDREWS, MARVIN
ANDREWS, MARVIN is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Remuda Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 45,144 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 $381K, with roughly $73K 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 103 barrels a month. Its strongest month on the record we hold was January 2019, at 301 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 ANDREWS, MARVIN
- Who operates ANDREWS, MARVIN?
- ANDREWS, MARVIN is operated by Remuda Operating Company, Railroad Commission of Texas operator number 701606.
- Where is ANDREWS, MARVIN?
- ANDREWS, MARVIN is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08097.
- Is ANDREWS, MARVIN still producing?
- ANDREWS, MARVIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ANDREWS, MARVIN is August 2026.
- How much has ANDREWS, MARVIN produced?
- ANDREWS, MARVIN has reported 45,144 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ANDREWS, MARVIN worth?
- The remaining production from ANDREWS, MARVIN is estimated to be worth about $381K in total as of 27 August 2026, within a range of $297K to $465K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ANDREWS, MARVIN is a fraction of it. The estimate fits an Arps decline curve to the production ANDREWS, MARVIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ANDREWS, MARVIN is an estimate of value, not an offer and not an appraisal.
- How much income does ANDREWS, MARVIN generate in a year?
- ANDREWS, MARVIN is forecast to net about $73K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ANDREWS, MARVIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Remuda Operating Company |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08097 |
| Wellbores | 1 |
| Reported production | 45,144 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $381K |
Where ANDREWS, MARVIN 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.