GREENHAW UNIT

GREENHAW UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Linn Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 36,853 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 $453K, with roughly $87K 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 116 barrels a month. Its strongest month on the record we hold was October 2024, at 562 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 GREENHAW UNIT

Who operates GREENHAW UNIT?
GREENHAW UNIT is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
Where is GREENHAW UNIT?
GREENHAW UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45455.
Is GREENHAW UNIT still producing?
GREENHAW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREENHAW UNIT is August 2026.
How much has GREENHAW UNIT produced?
GREENHAW UNIT has reported 36,853 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
How much is GREENHAW UNIT worth?
The remaining production from GREENHAW UNIT is estimated to be worth about $453K in total as of 26 August 2026, within a range of $353K to $552K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREENHAW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREENHAW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREENHAW UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GREENHAW UNIT generate in a year?
GREENHAW UNIT is forecast to net about $87K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREENHAW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GREENHAW UNIT as filed with the Railroad Commission of Texas
OperatorLinn Operating, Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number45455
Wellbores1
Reported production36,853 bbl
First reported
Last reported
Estimated royalty value$453K

Where GREENHAW UNIT 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.