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Royalty Clerk

Texas gas well

Producing

IVAS SMITH 02

Ivas Smith 02 is a gas well in Live Oak County, Texas, operated by Marathon Oil Ef LLC in the Sugarkane (Eagle Ford) field.

1 well

69,547mcf gas, last 12 months−57% vs prior year
RRC lease
02-294350

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Where it sits

This county

Live Oak CountyLive OakAtascosaGoliadMcMullenKarnesSan PatricioBeeLive Oak County
Live Oak County
Oil, last 12 months
8,249 bbl
Gas in Jul 2026
6,892 mcf

Production by month

Gas output fell 57% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 57% over the last 12 monthsMonthly gas production and oil for IVAS SMITH 02, Aug 2023 to Jul 2026. Gas output fell 57% over the last 12 months. 69,547 mcf in the 12 months through Jul 2026, against 163,071 mcf in the 12 months before.Last 12 months: 69,547 mcfmcf per monthbbl per month0025k2,00050k4,00075k6,000100k8,000125k10kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 57% over the last 12 monthsMonthly gas production and oil for IVAS SMITH 02, Aug 2023 to Jul 2026. Gas output fell 57% over the last 12 months. 69,547 mcf in the 12 months through Jul 2026, against 163,071 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0025k2,00050k4,00075k6,000100k8,000125k10kJan 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

  • Processing plant (3)
  • Lease fuel (1)
All of the gas went to a processing plant in the last 12 monthsShare of IVAS SMITH 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 IVAS SMITH 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.

1 well on this lease

Wells on IVAS SMITH 02
API numberWell no.Status
42-297-3626703HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCCondensateGathers50Feb 23, 2023
Enterprise Crude Pipeline LLCCondensateGathers50Feb 23, 2023
Marathon Oil Ef LLCGas-well gasBuys100Feb 23, 2023
Marathon Oil Ef LLCGas-well gasGathers100Feb 23, 2023

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

621.79 acres on the newest permit

Permits for Ivas Smith 02
API numberWell no.Acreson the permit
42-297-3626703H621.79

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 IVAS SMITH 02
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269279276,8926,8920$80.46$2.89
Jun 20267227225,0665,0660$84.81$3.15
May 20269709707,1497,1490$102.13$2.94
Apr 20269549547,0787,0780$100.32$2.77
Mar 20267417416,1366,1360$91.38$3.04
Feb 20265825824,9464,9460$64.51$3.62
Jan 20266446445,2365,2360$60.04$7.72
Dec 20253293294,6584,6580$57.97$4.26
Nov 20255895895,4135,4130$60.06$3.79
Oct 20256066065,4085,4080$60.89$3.19
Sep 20257067066,1966,1960$63.96$2.97
Aug 20254794795,3695,3690$64.86$2.91
Jul 20259789789,0629,0620$68.39$3.20
Jun 20251,0511,0519,8309,8300$68.17$3.02
May 202594694610,96910,9690$62.17$3.12
Apr 20251,4081,40813,86513,8650$63.54$3.42
Mar 20251,4951,49513,63013,6300$68.24$4.12
Feb 20251,0041,00410,40010,4000$71.53$4.19
Jan 20251,4261,42621,30821,3080$75.74$4.13
Dec 20241,1361,13618,92918,9290$70.12$3.01
Nov 20247387385,4235,4230$69.95$2.12
Oct 20241,5811,58114,47914,4790$71.99$2.20
Sep 20241,8651,86515,64715,6470$70.24$2.28
Aug 20242,6192,61919,52919,5290$76.68$1.99
Jul 20241,8091,80911,45011,4500$81.80$2.07
Jun 20241,9821,98214,04914,0490$79.77$2.54
May 20242,0212,02116,89516,8950$80.02$2.12
Apr 20242,1242,12418,52418,5240$85.35$1.60
Mar 20241,2621,26212,29712,2970$81.28$1.49
Feb 20242,1992,19921,71821,7180$77.25$1.72
Jan 20242,7822,78226,13926,1390$74.15$3.18
Dec 20232,9262,92626,66026,6600$71.90$2.52
Nov 20233,1403,14059,22559,2220$77.69$2.71
Oct 20234,3114,31190,35490,3540$85.64$2.98
Sep 20234,9594,95998,19498,1940$89.43$2.64
Aug 20236,5846,584104,592104,5920$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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