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Texas gas well

Producing

CHESNUTT 02

Chesnutt 02 is a gas well in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Sugarkane (Eagle Ford) field.

1 well

8,665mcf gas, last 12 months−10% vs prior year
RRC lease
02-258430

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
150 bbl
Gas in Jul 2026
482 mcf

Production by month

Gas output fell 10% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 10% over the last 12 monthsMonthly gas production and oil for CHESNUTT 02, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 8,665 mcf in the 12 months through Jul 2026, against 9,585 mcf in the 12 months before.Last 12 months: 8,665 mcfmcf per monthbbl per month00500101,000201,500302,00040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 10% over the last 12 monthsMonthly gas production and oil for CHESNUTT 02, Aug 2023 to Jul 2026. Gas output fell 10% over the last 12 months. 8,665 mcf in the 12 months through Jul 2026, against 9,585 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500101,000201,500302,00040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of CHESNUTT 02 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of CHESNUTT 02 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeEnsign Operating LLC, Jan 2020 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Ensign Operating LLCJan 2020 to Feb 2023Marathon Oil Ef LLCMar 2023 to now
Operators of this lease over timeEnsign Operating LLC, Jan 2020 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Ensign Operating LLCJan 2020 to Feb 2023Marathon Oil Ef LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on CHESNUTT 02
API numberWell no.Status
42-255-3167301HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers50Mar 1, 2023–
Enterprise Crude Pipeline LLCCondensateGathers50Mar 1, 2023–
Marathon Oil Ef LLCGas-well gasBuys100Mar 1, 2023–
Marathon Oil Ef LLCGas-well gasGathers100Mar 1, 2023–
Gulfmark Energy, Inc.CondensateGathers100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCGas-well gasGathers100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCGas-well gasBuys100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCCondensateGathers50Oct 1, 2019Oct 2, 2019
Enterprise Crude Oil LLCCondensateGathers25Oct 1, 2019Oct 2, 2019
Enterprise Crude Pipeline LLCCondensateGathers25Oct 1, 2019Oct 2, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

320.89 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Chesnutt 02
API numberWell no.Acreson the permit
42-255-3167301H320.89

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Marathon Oil Ef LLC is linked to ConocoPhillips (MRO).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for CHESNUTT 02
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Marathon Oil664824820$80.46$2.89
Jun 2026Marathon Oil30301,0281,0280$84.81$3.15
May 2026Marathon Oil774304300$102.13$2.94
Apr 2026Marathon Oil10103903900$100.32$2.77
Mar 2026Marathon Oil225705700$91.38$3.04
Feb 2026Marathon Oil995855850$64.51$3.62
Jan 2026Marathon Oil667337330$60.04$7.72
Dec 2025Marathon Oil21218988980$57.97$4.26
Nov 2025Marathon Oil778298290$60.06$3.79
Oct 2025Marathon Oil11118348340$60.89$3.19
Sep 2025Marathon Oil20209189180$63.96$2.97
Aug 2025Marathon Oil21219689680$64.86$2.91
Jul 2025Marathon Oil17179389380$68.39$3.20
Jun 2025Marathon Oil228918910$68.17$3.02
May 2025Marathon Oil228848840$62.17$3.12
Apr 2025Marathon Oil11111,1291,1290$63.54$3.42
Mar 2025Marathon Oil223513510$68.24$4.12
Feb 2025Marathon Oil556506500$71.53$4.19
Jan 2025Marathon Oil449249240$75.74$4.13
Dec 2024Marathon Oil669509500$70.12$3.01
Nov 2024Marathon Oil559029020$69.95$2.12
Oct 2024Marathon Oil559579570$71.99$2.20
Sep 2024Marathon Oil887817810$70.24$2.28
Aug 2024Marathon Oil002282280$76.68$1.99
Jul 2024Marathon Oil10101,1641,1640$81.80$2.07
Jun 2024Marathon Oil991,6161,6160$79.77$2.54
May 2024Marathon Oil14141,4651,4650$80.02$2.12
Apr 2024Marathon Oil25251,9931,9930$85.35$1.60
Mar 2024Marathon Oil554594590$81.28$1.49
Feb 2024Marathon Oil224624620$77.25$1.72
Jan 2024Marathon Oil009179170$74.15$3.18
Dec 2023Marathon Oil27271,0401,0400$71.90$2.52
Nov 2023Marathon Oil115615610$77.69$2.71
Oct 2023Marathon Oil10101,1731,1730$85.64$2.98
Sep 2023Marathon Oil18181,5481,5480$89.43$2.64
Aug 2023Marathon Oil221871870$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Marathon Oil Ef LLC in Karnes County

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