MARTINEZ
MARTINEZ is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Reichmann Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from December 2005 to August 2026, totalling 768,666 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 $175K, with roughly $26K 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 1,163 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 3,850 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates MARTINEZ?
- MARTINEZ is operated by Reichmann Petroleum Corp., Railroad Commission of Texas operator number 699704.
- Where is MARTINEZ?
- MARTINEZ is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 215741.
- Is MARTINEZ still producing?
- MARTINEZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARTINEZ is August 2026.
- How much has MARTINEZ produced?
- MARTINEZ has reported 768,666 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2005 and August 2026, from 1 wellbore.
- How much is MARTINEZ worth?
- The remaining production from MARTINEZ is estimated to be worth about $175K in total as of 26 August 2026, within a range of $145K to $204K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARTINEZ is a fraction of it. The estimate fits an Arps decline curve to the production MARTINEZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARTINEZ is an estimate of value, not an offer and not an appraisal.
- How much income does MARTINEZ generate in a year?
- MARTINEZ is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARTINEZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reichmann Petroleum Corp. |
|---|---|
| Field | Cisco-Benavides (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 215741 |
| Wellbores | 1 |
| Reported production | 768,666 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $175K |
Where MARTINEZ 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.