FRANKE-JOHNSON UNIT

FRANKE-JOHNSON UNIT is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 1,187,322 thousand cubic feet. 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 $79K, with roughly $54K 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 3,098 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 20,627 thousand cubic feet. 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 FRANKE-JOHNSON UNIT

Who operates FRANKE-JOHNSON UNIT?
FRANKE-JOHNSON UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
Where is FRANKE-JOHNSON UNIT?
FRANKE-JOHNSON UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 277620.
Is FRANKE-JOHNSON UNIT still producing?
FRANKE-JOHNSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKE-JOHNSON UNIT is August 2026.
How much has FRANKE-JOHNSON UNIT produced?
FRANKE-JOHNSON UNIT has reported 1,187,322 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
How much is FRANKE-JOHNSON UNIT worth?
The remaining production from FRANKE-JOHNSON UNIT is estimated to be worth about $79K in total as of 26 August 2026, within a range of $66K to $93K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKE-JOHNSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRANKE-JOHNSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKE-JOHNSON UNIT is an estimate of value, not an offer and not an appraisal.
How much income does FRANKE-JOHNSON UNIT generate in a year?
FRANKE-JOHNSON UNIT is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANKE-JOHNSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FRANKE-JOHNSON UNIT as filed with the Railroad Commission of Texas
OperatorMarathon Oil Ef LLC
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number277620
Wellbores1
Reported production1,187,322 mcf
First reported
Last reported
Estimated royalty value$79K

Where FRANKE-JOHNSON 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.