MARTIN J. C., 1850
MARTIN J. C., 1850 is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Petrohawk Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 3,548,264 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 $39K, with roughly $10K 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 347 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 17,141 thousand cubic feet. 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 J. C., 1850
- Who operates MARTIN J. C., 1850?
- MARTIN J. C., 1850 is operated by Petrohawk Operating Company, Railroad Commission of Texas operator number 660146.
- Where is MARTIN J. C., 1850?
- MARTIN J. C., 1850 is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 251771.
- Is MARTIN J. C., 1850 still producing?
- MARTIN J. C., 1850 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN J. C., 1850 is August 2026.
- How much has MARTIN J. C., 1850 produced?
- MARTIN J. C., 1850 has reported 3,548,264 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2009 and August 2026, from 1 wellbore.
- How much is MARTIN J. C., 1850 worth?
- The remaining production from MARTIN J. C., 1850 is estimated to be worth about $39K in total as of 27 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN J. C., 1850 is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN J. C., 1850 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN J. C., 1850 is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN J. C., 1850 generate in a year?
- MARTIN J. C., 1850 is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN J. C., 1850 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petrohawk Operating Company |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 251771 |
| Wellbores | 1 |
| Reported production | 3,548,264 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where MARTIN J. C., 1850 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.