WHITE-DEEP
WHITE-DEEP is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Athlon Holdings LP. It has 4 wellbores on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 122,642 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 $202K, with roughly $81K 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 288 barrels a month, about 72 per wellbore. Its strongest month on the record we hold was August 2019, at 1,926 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 WHITE-DEEP
- Who operates WHITE-DEEP?
- WHITE-DEEP is operated by Athlon Holdings LP, Railroad Commission of Texas operator number 036067.
- Where is WHITE-DEEP?
- WHITE-DEEP is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45436.
- Is WHITE-DEEP still producing?
- WHITE-DEEP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHITE-DEEP is August 2026.
- How much has WHITE-DEEP produced?
- WHITE-DEEP has reported 122,642 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 4 wellbores.
- How much is WHITE-DEEP worth?
- The remaining production from WHITE-DEEP is estimated to be worth about $202K in total as of 27 August 2026, within a range of $158K to $247K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHITE-DEEP is a fraction of it. The estimate fits an Arps decline curve to the production WHITE-DEEP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHITE-DEEP is an estimate of value, not an offer and not an appraisal.
- How much income does WHITE-DEEP generate in a year?
- WHITE-DEEP is forecast to net about $81K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHITE-DEEP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Athlon Holdings LP |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 45436 |
| Wellbores | 4 |
| Reported production | 122,642 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $202K |
Where WHITE-DEEP 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.