DIXON "A"

DIXON "A" is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 578,682 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 $57K, with roughly $11K 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 545 thousand cubic feet a month. Its strongest month on the record we hold was November 2024, at 3,457 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 DIXON "A"

Who operates DIXON "A"?
DIXON "A" is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
Where is DIXON "A"?
DIXON "A" is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 099474.
Is DIXON "A" still producing?
DIXON "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIXON "A" is August 2026.
How much has DIXON "A" produced?
DIXON "A" has reported 578,682 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is DIXON "A" worth?
The remaining production from DIXON "A" is estimated to be worth about $57K in total as of 26 August 2026, within a range of $44K to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIXON "A" is a fraction of it. The estimate fits an Arps decline curve to the production DIXON "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIXON "A" is an estimate of value, not an offer and not an appraisal.
How much income does DIXON "A" generate in a year?
DIXON "A" is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIXON "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DIXON "A" as filed with the Railroad Commission of Texas
OperatorMarathon Oil Company
FieldWhite Oak Creek (Travis Peak)
CountyCherokee County, Texas
RRC district06
Lease number099474
Wellbores1
Reported production578,682 mcf
First reported
Last reported
Estimated royalty value$57K

Where DIXON "A" 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.