SMITH-MELLICK UNIT
SMITH-MELLICK UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 448,737 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 $1.4M, with roughly $550K 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 1,053 barrels a month, about 526 per wellbore. Its strongest month on the record we hold was November 2021, at 24,831 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 UNIT
- Who operates SMITH-MELLICK UNIT?
- SMITH-MELLICK UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is SMITH-MELLICK UNIT?
- SMITH-MELLICK UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09875.
- Is SMITH-MELLICK UNIT still producing?
- SMITH-MELLICK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH-MELLICK UNIT is August 2026.
- How much has SMITH-MELLICK UNIT produced?
- SMITH-MELLICK UNIT has reported 448,737 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 2 wellbores.
- How much is SMITH-MELLICK UNIT worth?
- The remaining production from SMITH-MELLICK UNIT is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH-MELLICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SMITH-MELLICK UNIT 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 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH-MELLICK UNIT generate in a year?
- SMITH-MELLICK UNIT is forecast to net about $550K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMITH-MELLICK 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 | 09875 |
| Wellbores | 2 |
| Reported production | 448,737 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where SMITH-MELLICK 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.