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Texas oil lease

Producing

TED BUTLER UNIT

Ted Butler Unit is an oil lease in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Eagleville (Eagle Ford-2) field.

4 wells

14,088bbl oil, last 12 months−40% vs prior year
Operator
Marathon Oil Ef LLC
County
Karnes County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-10028

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
14,922 mcf
Oil in Jul 2026
2,623 bbl

Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for TED BUTLER UNIT, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 14,088 bbl in the 12 months through Jul 2026, against 23,652 bbl in the 12 months before.Last 12 months: 14,088 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for TED BUTLER UNIT, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 14,088 bbl in the 12 months through Jul 2026, against 23,652 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010k10k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
89% of the gas went to a processing plant in the last 12 monthsShare of TED BUTLER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 89% 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
89% of the gas went to a processing plant in the last 12 monthsShare of TED BUTLER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 89% 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.

  • Processing plant (3)

    89% · 17,398 mcf

  • Lease fuel (1)

    11% · 2,115 mcf

  • Flared (4)

    0.4% · 81 mcf

0.4% of the gas flared in the last 12 months. No month above 3%.

4 wells on this lease

Wells on TED BUTLER UNIT
API numberWell no.Status
42-255-323061HActive
42-255-370812HActive
42-255-370823HActive
42-255-370834HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers25Jul 1, 2022–
Harvest Midstream CompanyOilGathers25Jul 1, 2022–
Reynolds Energy Transport LLCOilGathers25Jul 1, 2022–
Trafigura Trading LLCOilGathers25Jul 1, 2022–
Marathon Oil Ef LLCCasinghead gasBuys100Sep 1, 2018–
Marathon Oil Ef LLCCasinghead gasGathers100Sep 1, 2018–
Enterprise Crude Oil LLCOilGathers1Sep 1, 2018Jul 1, 2022
Gulfmark Energy, Inc.OilGathers1Sep 1, 2018Jul 1, 2022
Harvest Midstream CompanyOilGathers97Sep 1, 2018Jul 1, 2022
Trafigura Trading LLCOilGathers1Sep 1, 2018Jul 1, 2022

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

Who buys my oilOil price check

278.83 acres on the newest permit

Permits for Ted Butler Unit
API numberWell no.Acreson the permit
42-255-370812H278.83
42-255-370823H278.83
42-255-370834H278.83
42-255-323061H277.43

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

Unit decimal checker

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 TED BUTLER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6232,6373,0672,69613$80.46$2.89
Jun 20263,2333,2424,3323,81815$84.81$3.15
May 20263,9083,9344,0333,50222$102.13$2.94
Apr 20264,2354,1733,4753,13013$100.32$2.77
Mar 202623000$91.38$3.04
Feb 2026868515130$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202511000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202504000$64.86$2.91
Jul 202545846063580$68.39$3.20
Jun 20259459431631481$68.17$3.02
May 20257527534704264$62.17$3.12
Apr 20251,2001,2019008193$63.54$3.42
Mar 20251,2521,2519268353$68.24$4.12
Feb 20251,0541,0636916242$71.53$4.19
Jan 20251,8671,8741,4591,3295$75.74$4.13
Dec 20243,9243,9212,4112,2085$70.12$3.01
Nov 20243,7243,7242,8932,6608$69.95$2.12
Oct 20244,3544,3483,6313,3699$71.99$2.20
Sep 20243,6863,6782,5592,3755$70.24$2.28
Aug 20244364415184821$76.68$1.99
Jul 20242,1442,1484,6644,3238$81.80$2.07
Jun 20243,0693,0816,8756,36312$79.77$2.54
May 20244,2204,2127,6057,04816$80.02$2.12
Apr 20243,7463,7525,4894,94750$85.35$1.60
Mar 20244,7394,7476,4405,94022$81.28$1.49
Feb 20245,4715,47010,0728,50461$77.25$1.72
Jan 20246,4036,39710,5998,85491$74.15$3.18
Dec 20235,6715,68810,4058,874108$71.90$2.52
Nov 20233,5563,5374,5803,56092$77.69$2.71
Oct 20236,6756,6938,8187,19726$85.64$2.98
Sep 20235,3585,3379,7658,11426$89.43$2.64
Aug 20234,8874,89012,15410,34033$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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This lease belongs to

OperatorMarathon Oil Ef LLCFieldEagleville (Eagle Ford-2)CountyKarnes County

Marathon Oil Ef LLC in Karnes County

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