OHIO-SUN UNIT
OHIO-SUN UNIT is a Texas oil lease in Matagorda County, Railroad Commission district 03, operated by Marathon Oil Company. It has 53 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,047,508 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 $2.2M, with roughly $548K 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 800 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was May 2018, at 4,548 barrels. 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 OHIO-SUN UNIT
- Who operates OHIO-SUN UNIT?
- OHIO-SUN UNIT is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is OHIO-SUN UNIT?
- OHIO-SUN UNIT is a Texas oil lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 02998.
- Is OHIO-SUN UNIT still producing?
- OHIO-SUN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OHIO-SUN UNIT is August 2026.
- How much has OHIO-SUN UNIT produced?
- OHIO-SUN UNIT has reported 1,047,508 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 53 wellbores.
- How much is OHIO-SUN UNIT worth?
- The remaining production from OHIO-SUN UNIT is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OHIO-SUN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OHIO-SUN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OHIO-SUN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OHIO-SUN UNIT generate in a year?
- OHIO-SUN UNIT is forecast to net about $548K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OHIO-SUN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Markham N.-Bay City,N(Cornelius) |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 02998 |
| Wellbores | 53 |
| Reported production | 1,047,508 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where OHIO-SUN UNIT 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.