MARTIN, FRANK
MARTIN, FRANK is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Culebra Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2003 to August 2026, totalling 277,701 thousand cubic feet. 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 $40K, with roughly $5K 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 236 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 845 thousand cubic feet. 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 MARTIN, FRANK
- Who operates MARTIN, FRANK?
- MARTIN, FRANK is operated by Culebra Oil & Gas, LLC, Railroad Commission of Texas operator number 192452.
- Where is MARTIN, FRANK?
- MARTIN, FRANK is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 193341.
- Is MARTIN, FRANK still producing?
- MARTIN, FRANK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTIN, FRANK is August 2026.
- How much has MARTIN, FRANK produced?
- MARTIN, FRANK has reported 277,701 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2003 and August 2026, from 1 wellbore.
- How much is MARTIN, FRANK worth?
- The remaining production from MARTIN, FRANK is estimated to be worth about $40K in total as of 27 August 2026, within a range of $31K to $49K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN, FRANK is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN, FRANK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN, FRANK is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN, FRANK generate in a year?
- MARTIN, FRANK is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARTIN, FRANK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Culebra Oil & Gas, LLC |
|---|---|
| Field | Grahm (Big Saline) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 193341 |
| Wellbores | 1 |
| Reported production | 277,701 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where MARTIN, FRANK 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.