KEARNEY, MARTIN
KEARNEY, MARTIN is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by LNH Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,644 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 $48K, with roughly $9K 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 11 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was April 2018, at 104 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 KEARNEY, MARTIN
- Who operates KEARNEY, MARTIN?
- KEARNEY, MARTIN is operated by LNH Oil Company, Railroad Commission of Texas operator number 480165.
- Where is KEARNEY, MARTIN?
- KEARNEY, MARTIN is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20440.
- Is KEARNEY, MARTIN still producing?
- KEARNEY, MARTIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEARNEY, MARTIN is August 2026.
- How much has KEARNEY, MARTIN produced?
- KEARNEY, MARTIN has reported 7,644 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is KEARNEY, MARTIN worth?
- The remaining production from KEARNEY, MARTIN is estimated to be worth about $48K in total as of 27 August 2026, within a range of $26K to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEARNEY, MARTIN is a fraction of it. The estimate fits an Arps decline curve to the production KEARNEY, MARTIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEARNEY, MARTIN is an estimate of value, not an offer and not an appraisal.
- How much income does KEARNEY, MARTIN generate in a year?
- KEARNEY, MARTIN is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KEARNEY, MARTIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | LNH Oil Company |
|---|---|
| Field | Worsham (Delaware Sand) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 20440 |
| Wellbores | 2 |
| Reported production | 7,644 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where KEARNEY, MARTIN 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.