MARTINEZ, E. C.
MARTINEZ, E. C. is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1997 to August 2026, totalling 553,765 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 $85K, with roughly $13K 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 555 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 3,012 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 MARTINEZ, E. C.
- Who operates MARTINEZ, E. C.?
- MARTINEZ, E. C. is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is MARTINEZ, E. C.?
- MARTINEZ, E. C. is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 164349.
- Is MARTINEZ, E. C. still producing?
- MARTINEZ, E. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTINEZ, E. C. is August 2026.
- How much has MARTINEZ, E. C. produced?
- MARTINEZ, E. C. has reported 553,765 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1997 and August 2026, from 1 wellbore.
- How much is MARTINEZ, E. C. worth?
- The remaining production from MARTINEZ, E. C. is estimated to be worth about $85K in total as of 26 August 2026, within a range of $67K to $104K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTINEZ, E. C. is a fraction of it. The estimate fits an Arps decline curve to the production MARTINEZ, E. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTINEZ, E. C. is an estimate of value, not an offer and not an appraisal.
- How much income does MARTINEZ, E. C. generate in a year?
- MARTINEZ, E. C. is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTINEZ, E. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Agarito (Lobo) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 164349 |
| Wellbores | 1 |
| Reported production | 553,765 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where MARTINEZ, E. C. 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.