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Royalty Clerk

Texas gas well

Producing

REYNOLDS GAS UNIT 3

Reynolds Gas Unit 3 is a gas well in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Eagleville (Eagle Ford-2) field.

Gas well dossier

23,130mcf gas, last 12 months−7% vs prior year
RRC lease
02-289744

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
5,489 bbl
Gas in Jul 2026
169 mcf

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 2% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 7% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 7% over the last 12 monthsMonthly gas production and oil for REYNOLDS GAS UNIT 3, Aug 2023 to Jul 2026. Gas output fell 7% over the last 12 months. 23,130 mcf in the 12 months through Jul 2026, against 24,894 mcf in the 12 months before.Last 12 months: 23,130 mcfmcf per monthbbl per month002,0005004,0001,0006,0001,5008,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 7% over the last 12 monthsMonthly gas production and oil for REYNOLDS GAS UNIT 3, Aug 2023 to Jul 2026. Gas output fell 7% over the last 12 months. 23,130 mcf in the 12 months through Jul 2026, against 24,894 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,0005004,0001,0006,0001,5008,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2024 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 5.1% of the gas in Jan 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jan 2024 the lease's gas goes to a processing plant instead of lease fuelShare of REYNOLDS GAS UNIT 3 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 5.1% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2024: fuel to plantFlared 5.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2024 the lease's gas goes to a processing plant instead of lease fuelShare of REYNOLDS GAS UNIT 3 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 5.1% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Jan 24: fuel to plantFlared 5.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    87% · 28,003 mcf

  • Lease fuel (1)

    12% · 3,943 mcf

  • Flared (4)

    1.2% · 395 mcf

1.2% of the gas flared in the last 12 months. One month above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dcp Operating Company, LPCondensateGathers25Aug 1, 2023–
Energy Transfer CompanyCondensateGathers25Aug 1, 2023–
Enterprise Crude Oil LLCCondensateGathers25Aug 1, 2023–
Marathon Oil Ef LLCCondensateGathers25Aug 1, 2023–
Marathon Oil Ef LLCGas-well gasBuys100Dec 18, 2013–
Marathon Oil Ef LLCGas-well gasGathers100Dec 18, 2013–
Dcp Operating Company, LPCondensateGathers20Sep 1, 2022Aug 1, 2023
Eastex Crude Company, LLCCondensateGathers20Jan 1, 2023Aug 1, 2023
Energy Transfer CompanyCondensateGathers20Sep 1, 2022Aug 1, 2023
Pilot Travel Centers LLCCondensateGathers20Sep 1, 2022Aug 1, 2023
Shell Trading (Us) CompanyCondensateGathers20Sep 1, 2022Aug 1, 2023
Eastex Crude CompanyCondensateGathers20Sep 1, 2022Jan 1, 2023

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

240.85 acres on the newest permit

Permits for Reynolds Gas Unit 3
API numberWell no.Acreson the permit
42-255-331152H240.85

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 REYNOLDS GAS UNIT 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261071021691501$80.46$2.89
Jun 202600000$84.81$3.15
May 202602000$102.13$2.94
Apr 202664621941831$100.32$2.77
Mar 2026036000$91.38$3.04
Feb 202693991994871$64.51$3.62
Jan 20263663821,9101,77420$60.04$7.72
Dec 20256446403,5063,30223$57.97$4.26
Nov 20259529593,9953,79122$60.06$3.79
Oct 20251,3521,3357,5507,21837$60.89$3.19
Sep 20251,0651,0475,7125,46726$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202501000$62.17$3.12
Apr 2025434273700$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 20252233081,5931,01081$75.74$4.13
Dec 20244984973,4232,177102$70.12$3.01
Nov 20245005494,1222,77481$69.95$2.12
Oct 20245185376,0814,124118$71.99$2.20
Sep 20246766775,1993,56889$70.24$2.28
Aug 20247817524,4033,10675$76.68$1.99
Jul 20246606784,4643,15481$81.80$2.07
Jun 20246636603,1362,15628$79.77$2.54
May 20248698474,2413,20274$80.02$2.12
Apr 20244224413,5972,50439$85.35$1.60
Mar 20245045224,4562,99029$81.28$1.49
Feb 20246606554,5153,63716$77.25$1.72
Jan 20245685173,7223,04527$74.15$3.18
Dec 2023495521451010$71.90$2.52
Nov 20235295543,3052,70819$77.69$2.71
Oct 20236656683,5323,13022$85.64$2.98
Sep 20235845722,8402,66824$89.43$2.64
Aug 20235695552,4582,31512$81.39$2.58

Flared above 3%

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

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Nearby

Marathon Oil Ef LLC in Karnes County

All Marathon Oil Ef LLC leases →

Eagleville (Eagle Ford-2) field

All leases in this field →

New drilling permits in Karnes County

Newest in the county: this lease has no coordinates.