MARSHALL

MARSHALL is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Axis Oil And Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,204 barrels. The lease is intermittent. 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 $11K, with roughly $2K 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 6 barrels a month. Its strongest month on the record we hold was August 2025, at 18 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MARSHALL

Who operates MARSHALL?
MARSHALL is operated by Axis Oil And Gas Corporation, Railroad Commission of Texas operator number 039139.
Where is MARSHALL?
MARSHALL is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27589.
Is MARSHALL still producing?
MARSHALL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MARSHALL is August 2026.
How much has MARSHALL produced?
MARSHALL has reported 8,204 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MARSHALL worth?
The remaining production from MARSHALL is estimated to be worth about $11K in total as of 26 August 2026, within a range of $0 to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARSHALL is a fraction of it. The estimate fits an Arps decline curve to the production MARSHALL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARSHALL is an estimate of value, not an offer and not an appraisal.
How much income does MARSHALL generate in a year?
MARSHALL is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARSHALL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MARSHALL as filed with the Railroad Commission of Texas
OperatorAxis Oil And Gas Corporation
FieldSouthmayd, North (Baker-Viola)
CountyGrayson County, Texas
RRC district09
Lease number27589
Wellbores1
Reported production8,204 bbl
First reported
Last reported
Estimated royalty value$11K

Where MARSHALL 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.