UTLEY #1
UTLEY #1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2003 to August 2026, totalling 1,990,694 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 $396, with roughly $123 expected over the next twelve months.
| Operator | Marathon Oil Company |
|---|---|
| Field | Mimms Creek (Cotton Valley Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 199189 |
| Wellbores | 1 |
| Reported production | 1,990,694 mcf |
| First reported | October 2003 |
| Last reported | August 2026 |
| Estimated royalty value | $396 |
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.