RANCHO GRANDE TRUST UNIT NO. 1

RANCHO GRANDE TRUST UNIT NO. 1 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 February 2017 to August 2026, totalling 1,015,300 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 $737, with roughly $748 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 1,191 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 59,987 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RANCHO GRANDE TRUST UNIT NO. 1

Who operates RANCHO GRANDE TRUST UNIT NO. 1?: RANCHO GRANDE TRUST UNIT NO. 1 is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
Where is RANCHO GRANDE TRUST UNIT NO. 1?: RANCHO GRANDE TRUST UNIT NO. 1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 294460.
Is RANCHO GRANDE TRUST UNIT NO. 1 still producing?: RANCHO GRANDE TRUST UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANCHO GRANDE TRUST UNIT NO. 1 is August 2026.
How much has RANCHO GRANDE TRUST UNIT NO. 1 produced?: RANCHO GRANDE TRUST UNIT NO. 1 has reported 1,015,300 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
How much is RANCHO GRANDE TRUST UNIT NO. 1 worth?: The remaining production from RANCHO GRANDE TRUST UNIT NO. 1 is estimated to be worth about $737 in total as of 26 August 2026, within a range of $612 to $863. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANCHO GRANDE TRUST UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production RANCHO GRANDE TRUST UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANCHO GRANDE TRUST UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does RANCHO GRANDE TRUST UNIT NO. 1 generate in a year?: RANCHO GRANDE TRUST UNIT NO. 1 is forecast to net about $748 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RANCHO GRANDE TRUST UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RANCHO GRANDE TRUST UNIT NO. 1 as filed with the Railroad Commission of Texas
Operator	Marathon Oil Ef LLC
Field	Sugarkane (Eagle Ford)
County	Karnes County, Texas
RRC district	02
Lease number	294460
Wellbores	1
Reported production	1,015,300 mcf
First reported	February 2017
Last reported	August 2026
Estimated royalty value	$737

Where RANCHO GRANDE TRUST UNIT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.