SMITH-MELLICK-SCHEELE SA8
SMITH-MELLICK-SCHEELE SA8 is a Texas oil 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 June 2023 to August 2026, totalling 177,787 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 $2.7M, with roughly $796K 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 1,310 barrels a month. Its strongest month on the record we hold was September 2023, at 33,210 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 SMITH-MELLICK-SCHEELE SA8
- Who operates SMITH-MELLICK-SCHEELE SA8?
- SMITH-MELLICK-SCHEELE SA8 is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is SMITH-MELLICK-SCHEELE SA8?
- SMITH-MELLICK-SCHEELE SA8 is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12665.
- Is SMITH-MELLICK-SCHEELE SA8 still producing?
- SMITH-MELLICK-SCHEELE SA8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH-MELLICK-SCHEELE SA8 is August 2026.
- How much has SMITH-MELLICK-SCHEELE SA8 produced?
- SMITH-MELLICK-SCHEELE SA8 has reported 177,787 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is SMITH-MELLICK-SCHEELE SA8 worth?
- The remaining production from SMITH-MELLICK-SCHEELE SA8 is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.2M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH-MELLICK-SCHEELE SA8 is a fraction of it. The estimate fits an Arps decline curve to the production SMITH-MELLICK-SCHEELE SA8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH-MELLICK-SCHEELE SA8 is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH-MELLICK-SCHEELE SA8 generate in a year?
- SMITH-MELLICK-SCHEELE SA8 is forecast to net about $796K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMITH-MELLICK-SCHEELE SA8 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 | 12665 |
| Wellbores | 1 |
| Reported production | 177,787 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where SMITH-MELLICK-SCHEELE SA8 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.