MARKEY #1
MARKEY #1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by El Paso E & P Company, L. P. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 845,847 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 $65K, with roughly $12K 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 522 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 2,722 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 MARKEY #1
- Who operates MARKEY #1?
- MARKEY #1 is operated by El Paso E & P Company, L. P., Railroad Commission of Texas operator number 250195.
- Where is MARKEY #1?
- MARKEY #1 is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 228969.
- Is MARKEY #1 still producing?
- MARKEY #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARKEY #1 is August 2026.
- How much has MARKEY #1 produced?
- MARKEY #1 has reported 845,847 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is MARKEY #1 worth?
- The remaining production from MARKEY #1 is estimated to be worth about $65K in total as of 26 August 2026, within a range of $51K to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARKEY #1 is a fraction of it. The estimate fits an Arps decline curve to the production MARKEY #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARKEY #1 is an estimate of value, not an offer and not an appraisal.
- How much income does MARKEY #1 generate in a year?
- MARKEY #1 is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARKEY #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | El Paso E & P Company, L. P. |
|---|---|
| Field | Minden (Cotton Valley Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 228969 |
| Wellbores | 1 |
| Reported production | 845,847 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $65K |
Where MARKEY #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.