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Texas oil lease

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MARTIN "16"

Martin "16" is an oil lease in Howard County, Texas, operated by Highpeak Energy Holdings, LLC in the Signal Peak (Wolfcamp) field.

3 wells

352bbl oil, last 12 months+199% vs prior year
RRC lease
08-36380

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
2,469 mcf
Oil in Jun 2026
30 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 199% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 199% over the last 12 monthsMonthly oil production and gas for MARTIN "16", Aug 2023 to Jul 2026. Oil output rose 199% over the last 12 months. 317 bbl in the 12 months through Jul 2026, against 106 bbl in the 12 months before.Last 12 months: 317 bblbbl per monthmcf per month00202504050060750801,0001001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 199% over the last 12 monthsMonthly oil production and gas for MARTIN "16", Aug 2023 to Jul 2026. Oil output rose 199% over the last 12 months. 317 bbl in the 12 months through Jul 2026, against 106 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00202504050060750801,0001001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of MARTIN "16" gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2023: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of MARTIN "16" gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Oct 23: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jan 2023

Operators of this lease over timeWhiting Oil and Gas Corporation, Jan 2020 to Dec 2022; Highpeak Energy Holdings, LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Jan 2023Whiting Oil and Gas Corporati…Jan 2020 to Dec 2022Highpeak Energy Holdings, LLCJan 2023 to now
Operators of this lease over timeWhiting Oil and Gas Corporation, Jan 2020 to Dec 2022; Highpeak Energy Holdings, LLC, Jan 2023 to Jun 20262020202120222023202420252026Changed Jan 2023Whiting Oil and Gas CorporationJan 2020 to Dec 2022Highpeak Energy Holdings, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on MARTIN "16"
API numberWell no.Status
42-227-355311Active
42-227-355772Active
42-227-357313Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lion Oil Trading & Trans, LLCOilGathers100May 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011May 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011May 1, 2020
Lpc Crude Oil Marketing LLCOilGathers100Jul 1, 2015May 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

320 acres on the newest permit

Permits for Martin "16"
API numberWell no.Acreson the permit
42-227-357313320
42-227-355772320
42-227-355311320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for MARTIN "16"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Highpeak Energy3002302300$84.81$3.15
May 2026Highpeak Energy30872622620$102.13$2.94
Apr 2026Highpeak Energy3702352350$100.32$2.77
Mar 2026Highpeak Energy2802472470$91.38$3.04
Feb 2026Highpeak Energy351362242240$64.51$3.62
Jan 2026Highpeak Energy2601611610$60.04$7.72
Dec 2025Highpeak Energy3502212210$57.97$4.26
Nov 2025Highpeak Energy2701831830$60.06$3.79
Oct 2025Highpeak Energy2701681680$60.89$3.19
Sep 2025Highpeak Energy19291731730$63.96$2.97
Aug 2025Highpeak Energy23871791790$64.86$2.91
Jul 2025Highpeak Energy3501861860$68.39$3.20
Jun 2025Highpeak Energy2001621620$68.17$3.02
May 2025Highpeak Energy2001621620$62.17$3.12
Apr 2025Highpeak Energy6371411410$63.54$3.42
Mar 2025Highpeak Energy6084840$68.24$4.12
Feb 2025Highpeak Energy201381380$71.53$4.19
Jan 2025Highpeak Energy3098980$75.74$4.13
Dec 2024Highpeak Energy001081080$70.12$3.01
Nov 2024Highpeak Energy0085850$69.95$2.12
Oct 2024Highpeak Energy702462460$71.99$2.20
Sep 2024Highpeak Energy0056560$70.24$2.28
Aug 2024Highpeak Energy71081911910$76.68$1.99
Jul 2024Highpeak Energy3303003000$81.80$2.07
Jun 2024Highpeak Energy62324354350$79.77$2.54
May 2024Highpeak Energy2804824820$80.02$2.12
Apr 2024Highpeak Energy491461,2301,2300$85.35$1.60
Mar 2024Highpeak Energy00000$81.28$1.49
Feb 2024Highpeak Energy00110$77.25$1.72
Jan 2024Highpeak Energy0055550$74.15$3.18
Dec 2023Highpeak Energy002552550$71.90$2.52
Nov 2023Highpeak Energy0080800$77.69$2.71
Oct 2023Highpeak Energy0077770$85.64$2.98
Sep 2023Highpeak Energy00104830$89.43$2.64
Aug 2023Highpeak Energy0085770$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Highpeak Energy Holdings, LLC in Howard County

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Signal Peak (Wolfcamp) field

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Drilling permits within 10 km