MARJORIE
MARJORIE is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 3 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 653,928 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 $7.4M, with roughly $1.8M 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 2,566 barrels a month, about 855 per wellbore. Its strongest month on the record we hold was October 2018, at 41,308 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 MARJORIE
- Who operates MARJORIE?
- MARJORIE is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is MARJORIE?
- MARJORIE is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27642.
- Is MARJORIE still producing?
- MARJORIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARJORIE is August 2026.
- How much has MARJORIE produced?
- MARJORIE has reported 653,928 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 3 wellbores.
- How much is MARJORIE worth?
- The remaining production from MARJORIE is estimated to be worth about $7.4M in total as of 27 August 2026, within a range of $6.1M to $8.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARJORIE is a fraction of it. The estimate fits an Arps decline curve to the production MARJORIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARJORIE is an estimate of value, not an offer and not an appraisal.
- How much income does MARJORIE generate in a year?
- MARJORIE is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARJORIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27642 |
| Wellbores | 3 |
| Reported production | 653,928 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.4M |
Where MARJORIE 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.