FRANKE-JOHNSON UNIT
FRANKE-JOHNSON 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 March 2017 to August 2026, totalling 1,957,077 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 $1.6M, with roughly $464K 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 10,516 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 148,852 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 FRANKE-JOHNSON UNIT
- Who operates FRANKE-JOHNSON UNIT?
- FRANKE-JOHNSON UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is FRANKE-JOHNSON UNIT?
- FRANKE-JOHNSON UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 284179.
- Is FRANKE-JOHNSON UNIT still producing?
- FRANKE-JOHNSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKE-JOHNSON UNIT is August 2026.
- How much has FRANKE-JOHNSON UNIT produced?
- FRANKE-JOHNSON UNIT has reported 1,957,077 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2017 and August 2026, from 1 wellbore.
- How much is FRANKE-JOHNSON UNIT worth?
- The remaining production from FRANKE-JOHNSON UNIT is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKE-JOHNSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRANKE-JOHNSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKE-JOHNSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKE-JOHNSON UNIT generate in a year?
- FRANKE-JOHNSON UNIT is forecast to net about $464K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANKE-JOHNSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 284179 |
| Wellbores | 1 |
| Reported production | 1,957,077 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where FRANKE-JOHNSON 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.