MARTIN
MARTIN is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 3,608,203 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 $1.4M, with roughly $254K 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 10,564 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 51,598 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is MARTIN?
- MARTIN is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 276496.
- 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 3,608,203 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is MARTIN worth?
- The remaining production from MARTIN is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.2M to $1.7M. 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 $254K 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 | Valence Operating Company |
|---|---|
| Field | Woodlawn (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 276496 |
| Wellbores | 1 |
| Reported production | 3,608,203 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
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.