NIMITZ
NIMITZ 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 October 2017 to August 2026, totalling 299,490 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 $3.8M, with roughly $815K 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 849 barrels a month. Its strongest month on the record we hold was December 2017, at 22,010 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 NIMITZ
- Who operates NIMITZ?
- NIMITZ is operated by Lario Oil & Gas Company, Railroad Commission of Texas operator number 486710.
- Where is NIMITZ?
- NIMITZ is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51648.
- Is NIMITZ still producing?
- NIMITZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIMITZ is August 2026.
- How much has NIMITZ produced?
- NIMITZ has reported 299,490 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 1 wellbore.
- How much is NIMITZ worth?
- The remaining production from NIMITZ is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.0M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIMITZ is a fraction of it. The estimate fits an Arps decline curve to the production NIMITZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIMITZ is an estimate of value, not an offer and not an appraisal.
- How much income does NIMITZ generate in a year?
- NIMITZ is forecast to net about $815K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NIMITZ 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) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 51648 |
| Wellbores | 1 |
| Reported production | 299,490 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where NIMITZ 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.