OLSON-ESSE UNIT
OLSON-ESSE 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 May 2012 to August 2026, totalling 2,388,012 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 $138K, with roughly $75K 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 1,641 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 14,662 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 OLSON-ESSE UNIT
- Who operates OLSON-ESSE UNIT?
- OLSON-ESSE UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is OLSON-ESSE UNIT?
- OLSON-ESSE UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 266116.
- Is OLSON-ESSE UNIT still producing?
- OLSON-ESSE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLSON-ESSE UNIT is August 2026.
- How much has OLSON-ESSE UNIT produced?
- OLSON-ESSE UNIT has reported 2,388,012 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is OLSON-ESSE UNIT worth?
- The remaining production from OLSON-ESSE UNIT is estimated to be worth about $138K in total as of 27 August 2026, within a range of $114K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLSON-ESSE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OLSON-ESSE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLSON-ESSE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OLSON-ESSE UNIT generate in a year?
- OLSON-ESSE UNIT is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLSON-ESSE 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 | 266116 |
| Wellbores | 1 |
| Reported production | 2,388,012 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $138K |
Where OLSON-ESSE 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.