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Royalty Clerk

Texas gas well

Producing

MARSHALL STATE

Marshall State is a gas well in Webb County, Texas, operated by Varas Energy Operating Company, in the Tiffany (Wilcox Carrizo) field.

1 well

21,500mcf gas, last 12 months−35% vs prior year
Operator
Varas Energy Operating Company,
County
Webb County
Field
Tiffany (Wilcox Carrizo)
RRC lease
04-201335

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Where it sits

This county

Webb CountyWebbLA SalleDimmitWebb County
Webb County
Oil, last 12 months
8 bbl
Gas in Jul 2026
2,197 mcf

Production by month

Gas output fell 35% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for MARSHALL STATE, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 21,500 mcf in the 12 months through Jul 2026, against 32,948 mcf in the 12 months before.Last 12 months: 21,500 mcfmcf per monthbbl per month001,00052,000103,000154,000205,00025Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for MARSHALL STATE, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 21,500 mcf in the 12 months through Jul 2026, against 32,948 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,00052,000103,000154,000205,00025Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

84% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
84% of the gas went to a transmission line in the last 12 monthsShare of MARSHALL STATE gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to a transmission line in the last 12 monthsShare of MARSHALL STATE gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line 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.

  • Transmission line (2)

    84% · 18,067 mcf

  • Lease fuel (1)

    16% · 3,433 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARSHALL STATE
API numberWell no.Status
42-479-386476Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jan 1, 2025–
Dcp Operating Company, LPGas-well gasGathers100Dec 1, 2019Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Flint Hills Resources, LPCondensateGathers100Jul 1, 2005Dec 1, 2019
Enterprise Products Operating LLCGas-well gasGathers100Apr 1, 2009Dec 1, 2019
Enterprise Hydrocarbons, L.p.Gas-well gasBuys100Jun 1, 2012Dec 1, 2019

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

Who buys my oilOil price check

1,352.79 acres on the newest permit

Permits for Marshall State
API numberWell no.Acreson the permit
42-479-3864761,352.79

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MARSHALL STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy002,1971,8770$80.46$2.89
Jun 2026Varas Energy001,9581,6370$84.81$3.15
May 2026Varas Energy001,4231,1190$102.13$2.94
Apr 2026Varas Energy002,0291,5770$100.32$2.77
Mar 2026Varas Energy002,1791,8510$91.38$3.04
Feb 2026Varas Energy802,3792,0490$64.51$3.62
Jan 2026Varas Energy001,8051,5510$60.04$7.72
Dec 2025Varas Energy001,8751,6290$57.97$4.26
Nov 2025Varas Energy001,8401,5730$60.06$3.79
Oct 2025Varas Energy001,7771,4700$60.89$3.19
Sep 2025Varas Energy001,7071,4440$63.96$2.97
Aug 2025Varas Energy003312900$64.86$2.91
Jul 2025Varas Energy005304930$68.39$3.20
Jun 2025Varas Energy001,5341,2810$68.17$3.02
May 2025Varas Energy001,7911,5780$62.17$3.12
Apr 2025Varas Energy002,1541,6090$63.54$3.42
Mar 2025Varas Energy002,4391,7220$68.24$4.12
Feb 2025Varas Energy002,4851,8500$71.53$4.19
Jan 2025Varas Energy033,1532,0190$75.74$4.13
Dec 2024Hugoton Operating003,4342,3930$70.12$3.01
Nov 2024Hugoton Operating003,6042,6010$69.95$2.12
Oct 2024Hugoton Operating003,4192,6740$71.99$2.20
Sep 2024Hugoton Operating003,6953,1430$70.24$2.28
Aug 2024Hugoton Operating004,7103,8990$76.68$1.99
Jul 2024Hugoton Operating003,3002,7520$81.80$2.07
Jun 2024Hugoton Operating003,5132,9460$79.77$2.54
May 2024Hugoton Operating2302,8552,3010$80.02$2.12
Apr 2024Hugoton Operating004,3573,4400$85.35$1.60
Mar 2024Hugoton Operating002032030$81.28$1.49
Feb 2024Hugoton Operating002,4632,1710$77.25$1.72
Jan 2024Hugoton Operating002,4632,1710$74.15$3.18
Dec 2023Hugoton Operating002,5172,1140$71.90$2.52
Nov 2023Hugoton Operating004,7033,7620$77.69$2.71
Oct 2023Hugoton Operating003,1942,4900$85.64$2.98
Sep 2023Hugoton Operating002,0081,5490$89.43$2.64
Aug 2023Hugoton Operating002,1831,6860$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorVaras Energy Operating Company,FieldTiffany (Wilcox Carrizo)CountyWebb County

Varas Energy Operating Company, in Webb County

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Tiffany (Wilcox Carrizo) field

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