COATES -B- MARATHON UNIT 3

COATES -B- MARATHON UNIT 3 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Bta Oil Producers, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 334,690 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 $2.4M, with roughly $845K 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 1,112 barrels a month, about 556 per wellbore. Its strongest month on the record we hold was April 2017, at 14,650 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 COATES -B- MARATHON UNIT 3

Who operates COATES -B- MARATHON UNIT 3?: COATES -B- MARATHON UNIT 3 is operated by Bta Oil Producers, LLC, Railroad Commission of Texas operator number 041867.
Where is COATES -B- MARATHON UNIT 3?: COATES -B- MARATHON UNIT 3 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19528.
Is COATES -B- MARATHON UNIT 3 still producing?: COATES -B- MARATHON UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COATES -B- MARATHON UNIT 3 is August 2026.
How much has COATES -B- MARATHON UNIT 3 produced?: COATES -B- MARATHON UNIT 3 has reported 334,690 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 2 wellbores.
How much is COATES -B- MARATHON UNIT 3 worth?: The remaining production from COATES -B- MARATHON UNIT 3 is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COATES -B- MARATHON UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production COATES -B- MARATHON UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COATES -B- MARATHON UNIT 3 is an estimate of value, not an offer and not an appraisal.
How much income does COATES -B- MARATHON UNIT 3 generate in a year?: COATES -B- MARATHON UNIT 3 is forecast to net about $845K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COATES -B- MARATHON UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COATES -B- MARATHON UNIT 3 as filed with the Railroad Commission of Texas
Operator	Bta Oil Producers, LLC
Field	Spraberry (Trend Area)
County	Reagan County, Texas
RRC district	7C
Lease number	19528
Wellbores	2
Reported production	334,690 bbl
First reported	February 2017
Last reported	August 2026
Estimated royalty value	$2.4M

Where COATES -B- MARATHON UNIT 3 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.