SALGE UNIT
SALGE UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 3 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 807,289 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 $4.4M, with roughly $1.5M 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 2,410 barrels a month, about 803 per wellbore. Its strongest month on the record we hold was September 2022, at 37,322 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 SALGE UNIT
- Who operates SALGE UNIT?
- SALGE UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is SALGE UNIT?
- SALGE UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09807.
- Is SALGE UNIT still producing?
- SALGE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALGE UNIT is August 2026.
- How much has SALGE UNIT produced?
- SALGE UNIT has reported 807,289 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 3 wellbores.
- How much is SALGE UNIT worth?
- The remaining production from SALGE UNIT is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.6M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALGE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SALGE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALGE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SALGE UNIT generate in a year?
- SALGE UNIT is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SALGE 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 | 09807 |
| Wellbores | 3 |
| Reported production | 807,289 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where SALGE 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.