MARTIN
MARTIN is a Texas oil lease in Lamb County, Railroad Commission district 8A, operated by Dinero Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 146,218 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 $576K, with roughly $111K 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 149 barrels a month, about 74 per wellbore. Its strongest month on the record we hold was March 2017, at 517 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
- Who operates MARTIN?
- MARTIN is operated by Dinero Operating Company, Railroad Commission of Texas operator number 220711.
- Where is MARTIN?
- MARTIN is a Texas oil lease in Lamb County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66466.
- 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 146,218 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MARTIN worth?
- The remaining production from MARTIN is estimated to be worth about $576K in total as of 26 August 2026, within a range of $449K to $703K. 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 $111K 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 | Dinero Operating Company |
|---|---|
| Field | Anton, West |
| County | Lamb County, Texas |
| RRC district | 8A |
| Lease number | 66466 |
| Wellbores | 2 |
| Reported production | 146,218 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $576K |
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.