MARGENE UNIT
MARGENE UNIT is a Texas oil lease in Houston County, Railroad Commission district 03, operated by Samedan Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,010 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 $642K, with roughly $124K 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 176 barrels a month. Its strongest month on the record we hold was October 2020, at 483 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MARGENE UNIT
- Who operates MARGENE UNIT?
- MARGENE UNIT is operated by Samedan Oil Corporation, Railroad Commission of Texas operator number 744600.
- Where is MARGENE UNIT?
- MARGENE UNIT is a Texas oil lease in Houston County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 09916.
- Is MARGENE UNIT still producing?
- MARGENE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARGENE UNIT is August 2026.
- How much has MARGENE UNIT produced?
- MARGENE UNIT has reported 63,010 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MARGENE UNIT worth?
- The remaining production from MARGENE UNIT is estimated to be worth about $642K in total as of 27 August 2026, within a range of $501K to $783K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARGENE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MARGENE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARGENE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MARGENE UNIT generate in a year?
- MARGENE UNIT is forecast to net about $124K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARGENE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samedan Oil Corporation |
|---|---|
| Field | FT. Trinidad, East (Dexter C) |
| County | Houston County, Texas |
| RRC district | 03 |
| Lease number | 09916 |
| Wellbores | 1 |
| Reported production | 63,010 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $642K |
Where MARGENE 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.