DRAKE-BORCHERS UNIT
DRAKE-BORCHERS UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Marathon Oil Ef LLC. It has 10 wellbores on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 1,977,250 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 $1.3M, with roughly $693K 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 1,651 barrels a month, about 165 per wellbore. Its strongest month on the record we hold was May 2016, at 18,521 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 DRAKE-BORCHERS UNIT
- Who operates DRAKE-BORCHERS UNIT?
- DRAKE-BORCHERS UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is DRAKE-BORCHERS UNIT?
- DRAKE-BORCHERS UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17245.
- Is DRAKE-BORCHERS UNIT still producing?
- DRAKE-BORCHERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRAKE-BORCHERS UNIT is August 2026.
- How much has DRAKE-BORCHERS UNIT produced?
- DRAKE-BORCHERS UNIT has reported 1,977,250 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 10 wellbores.
- How much is DRAKE-BORCHERS UNIT worth?
- The remaining production from DRAKE-BORCHERS UNIT is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRAKE-BORCHERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DRAKE-BORCHERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRAKE-BORCHERS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DRAKE-BORCHERS UNIT generate in a year?
- DRAKE-BORCHERS UNIT is forecast to net about $693K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DRAKE-BORCHERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 17245 |
| Wellbores | 10 |
| Reported production | 1,977,250 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where DRAKE-BORCHERS 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.