PINK MARTIAN
PINK MARTIAN is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Midland Oil And Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 1999 to August 2026, totalling 101,037 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 $647K, with roughly $147K 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 260 barrels a month. Its strongest month on the record we hold was March 2025, at 430 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 PINK MARTIAN
- Who operates PINK MARTIAN?
- PINK MARTIAN is operated by Midland Oil And Gas, Inc., Railroad Commission of Texas operator number 565589.
- Where is PINK MARTIAN?
- PINK MARTIAN is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28692.
- Is PINK MARTIAN still producing?
- PINK MARTIAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINK MARTIAN is August 2026.
- How much has PINK MARTIAN produced?
- PINK MARTIAN has reported 101,037 barrels of oil (bbl) to the Railroad Commission of Texas between October 1999 and August 2026, from 1 wellbore.
- How much is PINK MARTIAN worth?
- The remaining production from PINK MARTIAN is estimated to be worth about $647K in total as of 27 August 2026, within a range of $505K to $789K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINK MARTIAN is a fraction of it. The estimate fits an Arps decline curve to the production PINK MARTIAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PINK MARTIAN is an estimate of value, not an offer and not an appraisal.
- How much income does PINK MARTIAN generate in a year?
- PINK MARTIAN is forecast to net about $147K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PINK MARTIAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midland Oil And Gas, Inc. |
|---|---|
| Field | Frankirk, SW. (Canyon Reef) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 28692 |
| Wellbores | 1 |
| Reported production | 101,037 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $647K |
Where PINK MARTIAN 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.