FREE UNIT
FREE UNIT is a Texas gas lease in Live Oak County, Railroad Commission district 02, operated by Marathon Oil Ef LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 1,941,273 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 $352K, with roughly $118K 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 2,876 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 190,816 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 FREE UNIT
- Who operates FREE UNIT?
- FREE UNIT is operated by Marathon Oil Ef LLC, Railroad Commission of Texas operator number 525398.
- Where is FREE UNIT?
- FREE UNIT is a Texas gas lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 284751.
- Is FREE UNIT still producing?
- FREE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREE UNIT is August 2026.
- How much has FREE UNIT produced?
- FREE UNIT has reported 1,941,273 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is FREE UNIT worth?
- The remaining production from FREE UNIT is estimated to be worth about $352K in total as of 27 August 2026, within a range of $292K to $412K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FREE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FREE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FREE UNIT generate in a year?
- FREE UNIT is forecast to net about $118K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FREE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Ef LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 284751 |
| Wellbores | 1 |
| Reported production | 1,941,273 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $352K |
Where FREE 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.