MAY B UNIT

MAY B UNIT is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 1,148,266 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 $227K, with roughly $98K 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 551 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 13,532 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 MAY B UNIT

Who operates MAY B UNIT?
MAY B UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
Where is MAY B UNIT?
MAY B UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 273487.
Is MAY B UNIT still producing?
MAY B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAY B UNIT is August 2026.
How much has MAY B UNIT produced?
MAY B UNIT has reported 1,148,266 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
How much is MAY B UNIT worth?
The remaining production from MAY B UNIT is estimated to be worth about $227K in total as of 26 August 2026, within a range of $177K to $277K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAY B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MAY B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAY B UNIT is an estimate of value, not an offer and not an appraisal.
How much income does MAY B UNIT generate in a year?
MAY B UNIT is forecast to net about $98K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAY B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MAY B UNIT as filed with the Railroad Commission of Texas
OperatorMarathon Oil Ef LLC
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number273487
Wellbores1
Reported production1,148,266 mcf
First reported
Last reported
Estimated royalty value$227K

Where MAY B UNIT 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.