MARKEY #1
MARKEY #1 is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Sabine Oil & Gas Corporation. It has 3 wellbores on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 9,034 barrels. The lease is shut in. 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 $10K, with roughly $2K 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 barrels a month. Its strongest month on the record we hold was April 2019, at 404 barrels.
Key facts about MARKEY #1
- Who operates MARKEY #1?
- MARKEY #1 is operated by Sabine Oil & Gas Corporation, Railroad Commission of Texas operator number 742143.
- Where is MARKEY #1?
- MARKEY #1 is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15680.
- Is MARKEY #1 still producing?
- MARKEY #1 is shut in. 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 9,034 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 3 wellbores.
- How much is MARKEY #1 worth?
- The remaining production from MARKEY #1 is estimated to be worth about $10K in total as of 26 August 2026. 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 $2K 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 | Sabine Oil & Gas Corporation |
|---|---|
| Field | Oak Hill (Pettit) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 15680 |
| Wellbores | 3 |
| Reported production | 9,034 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
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.