JC MARTIN
JC MARTIN is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 4,300,149 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 $357K, with roughly $153K 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 7,284 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 94,047 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 JC MARTIN
- Who operates JC MARTIN?
- JC MARTIN is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is JC MARTIN?
- JC MARTIN is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 276462.
- Is JC MARTIN still producing?
- JC MARTIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JC MARTIN is August 2026.
- How much has JC MARTIN produced?
- JC MARTIN has reported 4,300,149 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is JC MARTIN worth?
- The remaining production from JC MARTIN is estimated to be worth about $357K in total as of 27 August 2026, within a range of $297K to $418K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JC MARTIN is a fraction of it. The estimate fits an Arps decline curve to the production JC MARTIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JC MARTIN is an estimate of value, not an offer and not an appraisal.
- How much income does JC MARTIN generate in a year?
- JC MARTIN is forecast to net about $153K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JC MARTIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 276462 |
| Wellbores | 1 |
| Reported production | 4,300,149 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $357K |
Where JC 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.