TEXACO-MARATHON UNIT 1
TEXACO-MARATHON UNIT 1 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Bta Oil Producers, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 240,338 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 $3.2M, with roughly $720K 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 614 barrels a month. Its strongest month on the record we hold was March 2017, at 22,441 barrels. 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 TEXACO-MARATHON UNIT 1
- Who operates TEXACO-MARATHON UNIT 1?
- TEXACO-MARATHON UNIT 1 is operated by Bta Oil Producers, LLC, Railroad Commission of Texas operator number 041867.
- Where is TEXACO-MARATHON UNIT 1?
- TEXACO-MARATHON UNIT 1 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19504.
- Is TEXACO-MARATHON UNIT 1 still producing?
- TEXACO-MARATHON UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO-MARATHON UNIT 1 is August 2026.
- How much has TEXACO-MARATHON UNIT 1 produced?
- TEXACO-MARATHON UNIT 1 has reported 240,338 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is TEXACO-MARATHON UNIT 1 worth?
- The remaining production from TEXACO-MARATHON UNIT 1 is estimated to be worth about $3.2M in total as of 27 August 2026, within a range of $2.5M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO-MARATHON UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO-MARATHON UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO-MARATHON UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO-MARATHON UNIT 1 generate in a year?
- TEXACO-MARATHON UNIT 1 is forecast to net about $720K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXACO-MARATHON UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bta Oil Producers, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19504 |
| Wellbores | 1 |
| Reported production | 240,338 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where TEXACO-MARATHON UNIT 1 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.