WEBB, MARY
WEBB, MARY is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Meritage Energy Company, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 105,842 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 $695K, with roughly $130K 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 207 barrels a month, about 103 per wellbore. Its strongest month on the record we hold was January 2019, at 914 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 WEBB, MARY
- Who operates WEBB, MARY?
- WEBB, MARY is operated by Meritage Energy Company, LLC, Railroad Commission of Texas operator number 561156.
- Where is WEBB, MARY?
- WEBB, MARY is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39131.
- Is WEBB, MARY still producing?
- WEBB, MARY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEBB, MARY is August 2026.
- How much has WEBB, MARY produced?
- WEBB, MARY has reported 105,842 barrels of oil (bbl) to the Railroad Commission of Texas between November 2008 and August 2026, from 2 wellbores.
- How much is WEBB, MARY worth?
- The remaining production from WEBB, MARY is estimated to be worth about $695K in total as of 26 August 2026, within a range of $542K to $848K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEBB, MARY is a fraction of it. The estimate fits an Arps decline curve to the production WEBB, MARY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEBB, MARY is an estimate of value, not an offer and not an appraisal.
- How much income does WEBB, MARY generate in a year?
- WEBB, MARY is forecast to net about $130K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEBB, MARY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meritage Energy Company, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39131 |
| Wellbores | 2 |
| Reported production | 105,842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $695K |
Where WEBB, MARY 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.