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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

109,714mcf gas, last 12 months−43% vs prior year
RRC lease
02-294354

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Where it sits

This county

Live Oak CountyLive OakAtascosaGoliadMcMullenKarnesSan PatricioBeeLive Oak County
Live Oak County
Oil, last 12 months
13,334 bbl
Gas in Jul 2026
12,738 mcf

Production by month

Gas output fell 43% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for IVAS SMITH 02, Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 109,714 mcf in the 12 months through Jul 2026, against 194,043 mcf in the 12 months before.Last 12 months: 109,714 mcfmcf per monthbbl per month0020k2,50040k5,00060k7,50080k10kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for IVAS SMITH 02, Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 109,714 mcf in the 12 months through Jul 2026, against 194,043 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k2,50040k5,00060k7,50080k10kJan 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
42-297-3627006HActive

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
42-297-3627006H621.79

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 20261,7281,72812,73812,7380$80.46$2.89
Jun 20261,9681,96816,49216,4920$84.81$3.15
May 20263243243,8943,8940$102.13$2.94
Apr 20261414550$100.32$2.77
Mar 20262942941,5431,5430$91.38$3.04
Feb 20268518518,0318,0310$64.51$3.62
Jan 20261,6561,65611,41611,4160$60.04$7.72
Dec 202595895810,29610,2960$57.97$4.26
Nov 20251,2781,27810,43710,4370$60.06$3.79
Oct 20251,5791,57912,09512,0950$60.89$3.19
Sep 20251,5851,58513,20013,2000$63.96$2.97
Aug 20251,0991,0999,5679,5670$64.86$2.91
Jul 20251,7591,75913,71113,7110$68.39$3.20
Jun 20252,1552,15515,05815,0580$68.17$3.02
May 20251,8791,87915,11515,1150$62.17$3.12
Apr 20251,9271,92715,10715,1070$63.54$3.42
Mar 20251,9601,96014,95414,9540$68.24$4.12
Feb 20251,5341,53414,31014,3100$71.53$4.19
Jan 20252,5102,51030,53830,5380$75.74$4.13
Dec 20241,6311,63122,57622,5760$70.12$3.01
Nov 20241,2061,2068,2008,2000$69.95$2.12
Oct 20242,2782,27817,69117,6910$71.99$2.20
Sep 20242,4902,49016,16416,1640$70.24$2.28
Aug 20241,6371,63710,61910,6190$76.68$1.99
Jul 20241,8911,89114,14114,1410$81.80$2.07
Jun 20242,4932,49317,57417,5740$79.77$2.54
May 20242,5602,56021,67121,6710$80.02$2.12
Apr 20243,1573,15723,87623,8760$85.35$1.60
Mar 20242,8842,88429,05729,0570$81.28$1.49
Feb 20243,0053,00529,22429,2240$77.25$1.72
Jan 20243,8243,82432,21032,2100$74.15$3.18
Dec 20234,4334,43337,24637,2460$71.90$2.52
Nov 20235,3535,35330,74830,7470$77.69$2.71
Oct 20236,2286,22834,27434,2740$85.64$2.98
Sep 20237,1517,15140,55040,5500$89.43$2.64
Aug 20239,6859,68551,44151,4410$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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