GREIVE UNIT
GREIVE UNIT is a Texas gas lease in Lavaca 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 2019 to August 2026, totalling 2,355,230 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 $1.3M, with roughly $503K 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 6,943 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 156,903 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 GREIVE UNIT
- Who operates GREIVE UNIT?
- GREIVE UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is GREIVE UNIT?
- GREIVE UNIT is a Texas gas lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 287440.
- Is GREIVE UNIT still producing?
- GREIVE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREIVE UNIT is August 2026.
- How much has GREIVE UNIT produced?
- GREIVE UNIT has reported 2,355,230 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is GREIVE UNIT worth?
- The remaining production from GREIVE UNIT is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREIVE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREIVE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREIVE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GREIVE UNIT generate in a year?
- GREIVE UNIT is forecast to net about $503K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREIVE 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 | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 287440 |
| Wellbores | 1 |
| Reported production | 2,355,230 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where GREIVE 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.