TEXAS UTILITIES
TEXAS UTILITIES is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 71,024 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 $470K, with roughly $81K 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 91 barrels a month. Its strongest month on the record we hold was July 2017, at 574 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TEXAS UTILITIES
- Who operates TEXAS UTILITIES?
- TEXAS UTILITIES is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is TEXAS UTILITIES?
- TEXAS UTILITIES is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 11005.
- Is TEXAS UTILITIES still producing?
- TEXAS UTILITIES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXAS UTILITIES is August 2026.
- How much has TEXAS UTILITIES produced?
- TEXAS UTILITIES has reported 71,024 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TEXAS UTILITIES worth?
- The remaining production from TEXAS UTILITIES is estimated to be worth about $470K in total as of 26 August 2026, within a range of $259K to $682K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS UTILITIES is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS UTILITIES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS UTILITIES is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS UTILITIES generate in a year?
- TEXAS UTILITIES is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXAS UTILITIES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Laneville, Ne. (Pettit, Lo.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 11005 |
| Wellbores | 1 |
| Reported production | 71,024 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $470K |
Where TEXAS UTILITIES 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.