MOTT 15
MOTT 15 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Lario Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 573,927 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 $1.8M, with roughly $1.0M 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 2,169 barrels a month. Its strongest month on the record we hold was March 2020, at 22,520 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 MOTT 15
- Who operates MOTT 15?
- MOTT 15 is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is MOTT 15?
- MOTT 15 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54314.
- Is MOTT 15 still producing?
- MOTT 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOTT 15 is August 2026.
- How much has MOTT 15 produced?
- MOTT 15 has reported 573,927 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is MOTT 15 worth?
- The remaining production from MOTT 15 is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOTT 15 is a fraction of it. The estimate fits an Arps decline curve to the production MOTT 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOTT 15 is an estimate of value, not an offer and not an appraisal.
- How much income does MOTT 15 generate in a year?
- MOTT 15 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOTT 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lario Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 54314 |
| Wellbores | 1 |
| Reported production | 573,927 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where MOTT 15 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.