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Texas oil lease

Producing

REED MARTIN

Reed Martin is an oil lease in Jack County, Texas, operated by International Western Oil Corp in the KRS (Marble Falls) field.

1 well

285bbl oil, last 12 months−66% vs prior year
RRC lease
09-32567

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Where it sits

This county

Jack CountyJackWiseClayMontagueYoungArcherJack County
Jack County
Gas, last 12 months
11,774 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 66% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 66% over the last 12 monthsMonthly oil production and gas for REED MARTIN, Aug 2023 to Jul 2026. Oil output fell 66% over the last 12 months. 285 bbl in the 12 months through Jul 2026, against 830 bbl in the 12 months before.Last 12 months: 285 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 66% over the last 12 monthsMonthly oil production and gas for REED MARTIN, Aug 2023 to Jul 2026. Oil output fell 66% over the last 12 months. 285 bbl in the 12 months through Jul 2026, against 830 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of REED MARTIN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of REED MARTIN gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REED MARTIN
API numberWell no.Status
42-237-397141Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Transoil Marketing, LLCOilGathers50Feb 1, 2022–
True Oil Trucking & Mktg, LLCOilGathers50Dec 28, 2017–
Colt Gathering (North Texas)l.p.Casinghead gasBuys100Feb 1, 2022–
Colt Gathering (North Texas)l.p.Casinghead gasGathers100Feb 1, 2022–
Midcoast Gathering (N Tx) L.p.Casinghead gasGathers100Oct 1, 2018Feb 1, 2022
Midcoast G & P (North Texas)l.p.Casinghead gasBuys100Oct 1, 2018Feb 1, 2022
Gulfmark Energy, Inc.OilGathers50Oct 1, 2018Feb 1, 2022

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

221.56 acres on the newest permit

Permits for Reed Martin
API numberWell no.Acreson the permit
42-237-397141221.56

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

Estimate your royalty

36 months, newest first

Ledger for REED MARTIN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026001,2351,2350$80.46$2.89
Jun 20261861861,3171,3170$84.81$3.15
May 2026002342340$102.13$2.94
Apr 2026002962960$100.32$2.77
Mar 2026006796790$91.38$3.04
Feb 202651701,0871,0870$64.51$3.62
Jan 2026009619610$60.04$7.72
Dec 2025001,1511,1510$57.97$4.26
Nov 2025001,1771,1770$60.06$3.79
Oct 2025001,2331,2330$60.89$3.19
Sep 2025001,1841,1840$63.96$2.97
Aug 20259401,2201,2200$64.86$2.91
Jul 2025481301,2071,2070$68.39$3.20
Jun 20253809849840$68.17$3.02
May 2025641091,0231,0230$62.17$3.12
Apr 20257301,0831,0830$63.54$3.42
Mar 2025721671,0881,0880$68.24$4.12
Feb 20259308308300$71.53$4.19
Jan 2025811211,3501,3500$75.74$4.13
Dec 20248101,5501,5500$70.12$3.01
Nov 2024861661,5001,5000$69.95$2.12
Oct 20247501,1621,1620$71.99$2.20
Sep 2024651249979970$70.24$2.28
Aug 20245409869860$76.68$1.99
Jul 2024611231,0011,0010$81.80$2.07
Jun 20245701,0681,0680$79.77$2.54
May 2024571261,1091,1090$80.02$2.12
Apr 20246701,0231,0230$85.35$1.60
Mar 2024661131,0501,0500$81.28$1.49
Feb 20246901,2571,2570$77.25$1.72
Jan 20241591789119110$74.15$3.18
Dec 2023861281,0081,0080$71.90$2.52
Nov 2023001,1581,1580$77.69$2.71
Oct 2023001,0631,0630$85.64$2.98
Sep 2023001,3401,3400$89.43$2.64
Aug 20236401,2561,2560$81.39$2.58

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

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Nearby

International Western Oil Corp in Jack County

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KRS (Marble Falls) field

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