BUTLER-HUTH-SCHEELE SA
BUTLER-HUTH-SCHEELE SA is a Texas oil 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 January 2021 to August 2026, totalling 273,473 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 $4.1M, with roughly $1.1M 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 1,877 barrels a month. Its strongest month on the record we hold was October 2021, at 34,786 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 BUTLER-HUTH-SCHEELE SA
- Who operates BUTLER-HUTH-SCHEELE SA?
- BUTLER-HUTH-SCHEELE SA is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is BUTLER-HUTH-SCHEELE SA?
- BUTLER-HUTH-SCHEELE SA is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12123.
- Is BUTLER-HUTH-SCHEELE SA still producing?
- BUTLER-HUTH-SCHEELE SA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUTLER-HUTH-SCHEELE SA is August 2026.
- How much has BUTLER-HUTH-SCHEELE SA produced?
- BUTLER-HUTH-SCHEELE SA has reported 273,473 barrels of oil (bbl) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
- How much is BUTLER-HUTH-SCHEELE SA worth?
- The remaining production from BUTLER-HUTH-SCHEELE SA is estimated to be worth about $4.1M in total as of 27 August 2026, within a range of $3.4M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUTLER-HUTH-SCHEELE SA is a fraction of it. The estimate fits an Arps decline curve to the production BUTLER-HUTH-SCHEELE SA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUTLER-HUTH-SCHEELE SA is an estimate of value, not an offer and not an appraisal.
- How much income does BUTLER-HUTH-SCHEELE SA generate in a year?
- BUTLER-HUTH-SCHEELE SA is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUTLER-HUTH-SCHEELE SA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 12123 |
| Wellbores | 1 |
| Reported production | 273,473 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where BUTLER-HUTH-SCHEELE SA 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.