MARSHALL UNIT

MARSHALL UNIT is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Stroud Oil Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 425,928 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 $19K, with roughly $3K 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 61 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 264 thousand cubic feet. 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 MARSHALL UNIT

Who operates MARSHALL UNIT?
MARSHALL UNIT is operated by Stroud Oil Properties, Inc., Railroad Commission of Texas operator number 828081.
Where is MARSHALL UNIT?
MARSHALL UNIT is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 190064.
Is MARSHALL UNIT still producing?
MARSHALL UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MARSHALL UNIT is August 2026.
How much has MARSHALL UNIT produced?
MARSHALL UNIT has reported 425,928 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
How much is MARSHALL UNIT worth?
The remaining production from MARSHALL UNIT is estimated to be worth about $19K in total as of 26 August 2026, within a range of $11K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARSHALL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MARSHALL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARSHALL UNIT is an estimate of value, not an offer and not an appraisal.
How much income does MARSHALL UNIT generate in a year?
MARSHALL UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARSHALL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MARSHALL UNIT as filed with the Railroad Commission of Texas
OperatorStroud Oil Properties, Inc.
FieldGiddings (Austin Chalk, Gas)
CountyWashington County, Texas
RRC district03
Lease number190064
Wellbores1
Reported production425,928 mcf
First reported
Last reported
Estimated royalty value$19K

Where MARSHALL UNIT 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.