MARTHA ANN SMITH
MARTHA ANN SMITH is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 112,103 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 $984K, with roughly $162K 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 140 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was May 2016, at 916 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 MARTHA ANN SMITH
- Who operates MARTHA ANN SMITH?
- MARTHA ANN SMITH is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is MARTHA ANN SMITH?
- MARTHA ANN SMITH is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08890.
- Is MARTHA ANN SMITH still producing?
- MARTHA ANN SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTHA ANN SMITH is August 2026.
- How much has MARTHA ANN SMITH produced?
- MARTHA ANN SMITH has reported 112,103 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 2 wellbores.
- How much is MARTHA ANN SMITH worth?
- The remaining production from MARTHA ANN SMITH is estimated to be worth about $984K in total as of 26 August 2026, within a range of $767K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTHA ANN SMITH is a fraction of it. The estimate fits an Arps decline curve to the production MARTHA ANN SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTHA ANN SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does MARTHA ANN SMITH generate in a year?
- MARTHA ANN SMITH is forecast to net about $162K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTHA ANN SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08890 |
| Wellbores | 2 |
| Reported production | 112,103 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $984K |
Where MARTHA ANN SMITH 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.