MARVEL 16
MARVEL 16 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Amarillo Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2011 to August 2026, totalling 3,399,606 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 $93K, with roughly $22K 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 1,137 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 19,860 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 MARVEL 16
- Who operates MARVEL 16?
- MARVEL 16 is operated by Amarillo Exploration, Inc., Railroad Commission of Texas operator number 016802.
- Where is MARVEL 16?
- MARVEL 16 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 264090.
- Is MARVEL 16 still producing?
- MARVEL 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARVEL 16 is August 2026.
- How much has MARVEL 16 produced?
- MARVEL 16 has reported 3,399,606 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2011 and August 2026, from 1 wellbore.
- How much is MARVEL 16 worth?
- The remaining production from MARVEL 16 is estimated to be worth about $93K in total as of 26 August 2026, within a range of $77K to $109K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARVEL 16 is a fraction of it. The estimate fits an Arps decline curve to the production MARVEL 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARVEL 16 is an estimate of value, not an offer and not an appraisal.
- How much income does MARVEL 16 generate in a year?
- MARVEL 16 is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARVEL 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amarillo Exploration, Inc. |
|---|---|
| Field | Frass, Se. (Morrow, Lo.) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 264090 |
| Wellbores | 1 |
| Reported production | 3,399,606 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $93K |
Where MARVEL 16 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.