DIRECT ASSETS UNIT
DIRECT ASSETS UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 10 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 1,104,297 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 $6.3M, with roughly $1.3M 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 1,779 barrels a month, about 178 per wellbore. Its strongest month on the record we hold was March 2017, at 79,657 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 DIRECT ASSETS UNIT
- Who operates DIRECT ASSETS UNIT?
- DIRECT ASSETS UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is DIRECT ASSETS UNIT?
- DIRECT ASSETS UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10908.
- Is DIRECT ASSETS UNIT still producing?
- DIRECT ASSETS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIRECT ASSETS UNIT is August 2026.
- How much has DIRECT ASSETS UNIT produced?
- DIRECT ASSETS UNIT has reported 1,104,297 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 10 wellbores.
- How much is DIRECT ASSETS UNIT worth?
- The remaining production from DIRECT ASSETS UNIT is estimated to be worth about $6.3M in total as of 26 August 2026, within a range of $5.2M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIRECT ASSETS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DIRECT ASSETS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIRECT ASSETS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DIRECT ASSETS UNIT generate in a year?
- DIRECT ASSETS UNIT is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIRECT ASSETS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10908 |
| Wellbores | 10 |
| Reported production | 1,104,297 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where DIRECT ASSETS 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.