SUPERIOR STRAIN -24-
SUPERIOR STRAIN -24- is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Samson Resources Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 101,053 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 $384K, with roughly $66K 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 71 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was November 2021, at 968 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 SUPERIOR STRAIN -24-
- Who operates SUPERIOR STRAIN -24-?
- SUPERIOR STRAIN -24- is operated by Samson Resources Company, Railroad Commission of Texas operator number 745020.
- Where is SUPERIOR STRAIN -24-?
- SUPERIOR STRAIN -24- is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29487.
- Is SUPERIOR STRAIN -24- still producing?
- SUPERIOR STRAIN -24- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUPERIOR STRAIN -24- is August 2026.
- How much has SUPERIOR STRAIN -24- produced?
- SUPERIOR STRAIN -24- has reported 101,053 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is SUPERIOR STRAIN -24- worth?
- The remaining production from SUPERIOR STRAIN -24- is estimated to be worth about $384K in total as of 27 August 2026, within a range of $211K to $557K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUPERIOR STRAIN -24- is a fraction of it. The estimate fits an Arps decline curve to the production SUPERIOR STRAIN -24- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUPERIOR STRAIN -24- is an estimate of value, not an offer and not an appraisal.
- How much income does SUPERIOR STRAIN -24- generate in a year?
- SUPERIOR STRAIN -24- is forecast to net about $66K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SUPERIOR STRAIN -24- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Resources Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 29487 |
| Wellbores | 4 |
| Reported production | 101,053 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $384K |
Where SUPERIOR STRAIN -24- 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.