MARTIN 22
MARTIN 22 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 74,546 barrels. The lease is intermittent. 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 $189K, with roughly $36K 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 24 barrels a month. Its strongest month on the record we hold was January 2020, at 1,055 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 22
- Who operates MARTIN 22?
- MARTIN 22 is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is MARTIN 22?
- MARTIN 22 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45039.
- Is MARTIN 22 still producing?
- MARTIN 22 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MARTIN 22 is August 2026.
- How much has MARTIN 22 produced?
- MARTIN 22 has reported 74,546 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 1 wellbore.
- How much is MARTIN 22 worth?
- The remaining production from MARTIN 22 is estimated to be worth about $189K in total as of 27 August 2026, within a range of $104K to $274K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN 22 is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN 22 is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN 22 generate in a year?
- MARTIN 22 is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 45039 |
| Wellbores | 1 |
| Reported production | 74,546 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $189K |
Where MARTIN 22 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.