LEVELS, MARION
LEVELS, MARION is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 1,223,490 thousand cubic feet. 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 $380K, with roughly $58K 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 2,379 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 5,180 thousand cubic feet. 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 LEVELS, MARION
- Who operates LEVELS, MARION?
- LEVELS, MARION is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is LEVELS, MARION?
- LEVELS, MARION is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 253502.
- Is LEVELS, MARION still producing?
- LEVELS, MARION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEVELS, MARION is August 2026.
- How much has LEVELS, MARION produced?
- LEVELS, MARION has reported 1,223,490 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2009 and August 2026, from 1 wellbore.
- How much is LEVELS, MARION worth?
- The remaining production from LEVELS, MARION is estimated to be worth about $380K in total as of 26 August 2026, within a range of $316K to $445K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEVELS, MARION is a fraction of it. The estimate fits an Arps decline curve to the production LEVELS, MARION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEVELS, MARION is an estimate of value, not an offer and not an appraisal.
- How much income does LEVELS, MARION generate in a year?
- LEVELS, MARION is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEVELS, MARION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Teague (CV-Bossier Cons.) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 253502 |
| Wellbores | 1 |
| Reported production | 1,223,490 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $380K |
Where LEVELS, MARION 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.