MARCELLA
MARCELLA is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Burk Royalty Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 308,362 thousand cubic feet. The lease is intermittent. 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 $163K, with roughly $30K 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 122 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 10,681 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MARCELLA
- Who operates MARCELLA?
- MARCELLA is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is MARCELLA?
- MARCELLA is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 281298.
- Is MARCELLA still producing?
- MARCELLA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MARCELLA is August 2026.
- How much has MARCELLA produced?
- MARCELLA has reported 308,362 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is MARCELLA worth?
- The remaining production from MARCELLA is estimated to be worth about $163K in total as of 27 August 2026, within a range of $128K to $199K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARCELLA is a fraction of it. The estimate fits an Arps decline curve to the production MARCELLA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARCELLA is an estimate of value, not an offer and not an appraisal.
- How much income does MARCELLA generate in a year?
- MARCELLA is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARCELLA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Fort Trinidad (Glen Rose, Upper) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 281298 |
| Wellbores | 1 |
| Reported production | 308,362 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $163K |
Where MARCELLA 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.