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 December 2017 to August 2026, totalling 1,795,455 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 a standard royalty share at about $26K, with roughly $13K expected over the next twelve months.
| Operator | Marathon Oil Ef Llc |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 294677 |
| Wellbores | 1 |
| Reported production | 1,795,455 mcf |
| First reported | December 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $26K |
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.