BARNHART (EF)-J.M. PRESTON SA4

BARNHART (EF)-J.M. PRESTON SA4 is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Marathon Oil Ef LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2023 to August 2026, totalling 347,436 barrels. 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 $9K, with roughly $8K 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 4,488 barrels a month. Its strongest month on the record we hold was November 2023, at 46,575 barrels. 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 BARNHART (EF)-J.M. PRESTON SA4

Who operates BARNHART (EF)-J.M. PRESTON SA4?
BARNHART (EF)-J.M. PRESTON SA4 is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
Where is BARNHART (EF)-J.M. PRESTON SA4?
BARNHART (EF)-J.M. PRESTON SA4 is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21224.
Is BARNHART (EF)-J.M. PRESTON SA4 still producing?
BARNHART (EF)-J.M. PRESTON SA4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNHART (EF)-J.M. PRESTON SA4 is August 2026.
How much has BARNHART (EF)-J.M. PRESTON SA4 produced?
BARNHART (EF)-J.M. PRESTON SA4 has reported 347,436 barrels of oil (bbl) to the Railroad Commission of Texas between October 2023 and August 2026, from 1 wellbore.
How much is BARNHART (EF)-J.M. PRESTON SA4 worth?
The remaining production from BARNHART (EF)-J.M. PRESTON SA4 is estimated to be worth about $9K in total as of 26 August 2026, within a range of $7K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNHART (EF)-J.M. PRESTON SA4 is a fraction of it. The estimate fits an Arps decline curve to the production BARNHART (EF)-J.M. PRESTON SA4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNHART (EF)-J.M. PRESTON SA4 is an estimate of value, not an offer and not an appraisal.
How much income does BARNHART (EF)-J.M. PRESTON SA4 generate in a year?
BARNHART (EF)-J.M. PRESTON SA4 is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BARNHART (EF)-J.M. PRESTON SA4 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BARNHART (EF)-J.M. PRESTON SA4 as filed with the Railroad Commission of Texas
OperatorMarathon Oil Ef LLC
FieldEagleville (Eagle Ford-1)
CountyGonzales County, Texas
RRC district01
Lease number21224
Wellbores1
Reported production347,436 bbl
First reported
Last reported
Estimated royalty value$9K

Where BARNHART (EF)-J.M. PRESTON SA4 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.