BEST-BEARD UNIT
BEST-BEARD UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 4 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 930,304 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 $356K, with roughly $171K 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 541 barrels a month, about 135 per wellbore. Its strongest month on the record we hold was May 2016, at 5,876 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 BEST-BEARD UNIT
- Who operates BEST-BEARD UNIT?
- BEST-BEARD UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is BEST-BEARD UNIT?
- BEST-BEARD UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10408.
- Is BEST-BEARD UNIT still producing?
- BEST-BEARD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEST-BEARD UNIT is August 2026.
- How much has BEST-BEARD UNIT produced?
- BEST-BEARD UNIT has reported 930,304 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 4 wellbores.
- How much is BEST-BEARD UNIT worth?
- The remaining production from BEST-BEARD UNIT is estimated to be worth about $356K in total as of 26 August 2026, within a range of $277K to $434K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEST-BEARD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BEST-BEARD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEST-BEARD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BEST-BEARD UNIT generate in a year?
- BEST-BEARD UNIT is forecast to net about $171K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEST-BEARD 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-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10408 |
| Wellbores | 4 |
| Reported production | 930,304 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $356K |
Where BEST-BEARD 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.