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Texas oil lease · RRC district 8A · Lease 65698

Producing

MARTIN

Martin is an oil lease in Lamb County, Texas, operated by Ostrich Oil & Gas, LLC in the Anton, West field. The Railroad Commission shows 2,376 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 1 well

2,376bbl oil, last 12 months−12% vs prior year
RRC lease
8A-65698

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Where it sits

This county

Lamb CountyLambHaleSwisherCastroBaileyParmerLamb County
Lamb County · RRC district 8AOpen Lamb County →
Oil in Jun 2026
280 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Jun 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 12% over the last 12 months

2,165 bbl in the 12 months through Jul 2026, against 2,471 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production for MARTIN, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 2,165 bbl in the 12 months through Jul 2026, against 2,471 bbl in the 12 months before.Last 12 months: 2,165 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production for MARTIN, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 2,165 bbl in the 12 months through Jul 2026, against 2,471 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 65698, district 8A. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Ostrich Oil & Gas, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeOstrich Oil & Gas, LLC, Jan 2020 to Jun 20262020202120222023202420252026Ostrich Oil & Gas, LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeOstrich Oil & Gas, LLC, Jan 2020 to Jun 20262020202120222023202420252026Ostrich Oil & Gas, LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 65698 in district 8A. The API number is the state’s ID for a well.
Wells on MARTIN
API numberWell no.Status
42-279-302861Active

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 65698.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Lpc Crude Iii, LLC gathers it.

    100% of it, on the list since Jul 1, 2026

Companies that used to be listed: Dorado Oil Company (gathers it, until Jul 1, 2026); Sentinel Transportation, LLC (gathers it, until Jul 1, 2026); Sentinel Transportation, LLC (gathers it, until Apr 1, 2021).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

40 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
Feb 21, 1986
Latest permit
Jan 7, 1986
Wells and acres on the permits for Martin
API numberWell no.Acreson the permit
42-279-30286140

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MARTIN sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for MARTIN
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report––$80.46$2.89
Jun 2026Ostrich Oil280336$84.81$3.15
May 2026Ostrich Oil117156$102.13$2.94
Apr 2026Ostrich Oil218166$100.32$2.77
Mar 2026Ostrich Oil187165$91.38$3.04
Feb 2026Ostrich Oil173156$64.51$3.62
Jan 2026Ostrich Oil193166$60.04$7.72
Dec 2025Ostrich Oil210317$57.97$4.26
Nov 2025Ostrich Oil178164$60.06$3.79
Oct 2025Ostrich Oil194161$60.89$3.19
Sep 2025Ostrich Oil194161$63.96$2.97
Aug 2025Ostrich Oil221162$64.86$2.91
Jul 2025Ostrich Oil211336$68.39$3.20
Jun 2025Ostrich Oil206165$68.17$3.02
May 2025Ostrich Oil200331$62.17$3.12
Apr 2025Ostrich Oil199166$63.54$3.42
Mar 2025Ostrich Oil216154$68.24$4.12
Feb 2025Ostrich Oil188154$71.53$4.19
Jan 2025Ostrich Oil226161$75.74$4.13
Dec 2024Ostrich Oil289522$70.12$3.01
Nov 2024Ostrich Oil1100$69.95$2.12
Oct 2024Ostrich Oil216167$71.99$2.20
Sep 2024Ostrich Oil195173$70.24$2.28
Aug 2024Ostrich Oil215161$76.68$1.99
Jul 2024Ostrich Oil210308$81.80$2.07
Jun 2024Ostrich Oil196165$79.77$2.54
May 2024Ostrich Oil200170$80.02$2.12
Apr 2024Ostrich Oil211333$85.35$1.60
Mar 2024Ostrich Oil191156$81.28$1.49
Feb 2024Ostrich Oil172152$77.25$1.72
Jan 2024Ostrich Oil190151$74.15$3.18
Dec 2023Ostrich Oil206156$71.90$2.52
Nov 2023Ostrich Oil197312$77.69$2.71
Oct 2023Ostrich Oil183157$85.64$2.98
Sep 2023Ostrich Oil202157$89.43$2.64
Aug 2023Ostrich Oil201157$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for MARTIN. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Ostrich Oil & Gas, LLC.

  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

Ostrich Oil & Gas, LLC in Lamb County

  • ZAHN

    4,028 bbl last 12 months

  • MARTIN

    1,788 bbl last 12 months

All Ostrich Oil & Gas, LLC leases →

Anton, West field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • ZAHN

    4,028 bbl last 12 months · 0.3 km away

  • MARTIN

    1,788 bbl last 12 months · 0.3 km away

  • HUISE

    0 bbl last 12 months · 2.8 km away

  • HOBGOOD

    801 bbl last 12 months · 3.1 km away

  • HOBGOOD-LOPER UNIT

    0 bbl last 12 months · 3.1 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 65698, district 8A, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.