GREEN 24-36-A
GREEN 24-36-A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Cutbow Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 230,892 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 $11.8M, with roughly $3.1M 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 4,865 barrels a month. Its strongest month on the record we hold was January 2024, at 20,301 barrels. 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 GREEN 24-36-A
- Who operates GREEN 24-36-A?
- GREEN 24-36-A is operated by Cutbow Operating, LLC, Railroad Commission of Texas operator number 195763.
- Where is GREEN 24-36-A?
- GREEN 24-36-A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61038.
- Is GREEN 24-36-A still producing?
- GREEN 24-36-A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN 24-36-A is August 2026.
- How much has GREEN 24-36-A produced?
- GREEN 24-36-A has reported 230,892 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 1 wellbore.
- How much is GREEN 24-36-A worth?
- The remaining production from GREEN 24-36-A is estimated to be worth about $11.8M in total as of 27 August 2026, within a range of $9.8M to $13.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN 24-36-A is a fraction of it. The estimate fits an Arps decline curve to the production GREEN 24-36-A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN 24-36-A is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN 24-36-A generate in a year?
- GREEN 24-36-A is forecast to net about $3.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREEN 24-36-A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cutbow Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 61038 |
| Wellbores | 1 |
| Reported production | 230,892 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.8M |
Where GREEN 24-36-A 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.