WILLIFORD GAS UNIT #1
WILLIFORD GAS UNIT #1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,712,855 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 $365K, with roughly $55K 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 2,341 thousand cubic feet a month. Its strongest month on the record we hold was August 2025, at 3,116 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 WILLIFORD GAS UNIT #1
- Who operates WILLIFORD GAS UNIT #1?
- WILLIFORD GAS UNIT #1 is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is WILLIFORD GAS UNIT #1?
- WILLIFORD GAS UNIT #1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 101744.
- Is WILLIFORD GAS UNIT #1 still producing?
- WILLIFORD GAS UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLIFORD GAS UNIT #1 is August 2026.
- How much has WILLIFORD GAS UNIT #1 produced?
- WILLIFORD GAS UNIT #1 has reported 1,712,855 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WILLIFORD GAS UNIT #1 worth?
- The remaining production from WILLIFORD GAS UNIT #1 is estimated to be worth about $365K in total as of 26 August 2026, within a range of $303K to $427K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLIFORD GAS UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production WILLIFORD GAS UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLIFORD GAS UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does WILLIFORD GAS UNIT #1 generate in a year?
- WILLIFORD GAS UNIT #1 is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILLIFORD GAS UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Reed, N. (Cotton Valley Lime) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 101744 |
| Wellbores | 1 |
| Reported production | 1,712,855 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $365K |
Where WILLIFORD GAS UNIT #1 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.