MARTIN ESTATE
MARTIN ESTATE is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Peak Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 140,892 thousand cubic feet. The lease is intermittent. 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 $12K, with roughly $2K 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 64 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 486 thousand cubic feet. 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 MARTIN ESTATE
- Who operates MARTIN ESTATE?
- MARTIN ESTATE is operated by Peak Energy Corporation, Railroad Commission of Texas operator number 647135.
- Where is MARTIN ESTATE?
- MARTIN ESTATE is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 065111.
- Is MARTIN ESTATE still producing?
- MARTIN ESTATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MARTIN ESTATE is August 2026.
- How much has MARTIN ESTATE produced?
- MARTIN ESTATE has reported 140,892 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MARTIN ESTATE worth?
- The remaining production from MARTIN ESTATE is estimated to be worth about $12K in total as of 26 August 2026, within a range of $7K to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTIN ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production MARTIN ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTIN ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does MARTIN ESTATE generate in a year?
- MARTIN ESTATE is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTIN ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peak Energy Corporation |
|---|---|
| Field | Las Tiendas (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 065111 |
| Wellbores | 1 |
| Reported production | 140,892 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where MARTIN ESTATE 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.