STATE MARY

Operated by MITSUI E&P USA LLC (P-5 101155) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294488District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.5 M
Feb 2023 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
40
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition73 bbl$5,445
GasProduction3,447,214 Mcf$9,444,583
Total$9,450,028

Every month this lease reported (40)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

40 months

May 2026035,836106.413.05$109,151
Apr 2026043,28098.932.87$124,201
Mar 2026023,86489.753.15$75,158
Feb 2026034,07263.503.75$127,781
Jan 2026043,09959.138.00$344,702
Dec 2025042,73856.664.41$188,618
Nov 2025043,82458.593.93$172,072
Oct 2025047,03159.383.30$155,430
Sep 2025059,49262.743.08$183,052
Aug 2025016,36963.933.01$49,349
Jul 2025042,40966.743.32$140,594
Jun 2025052,74366.483.13$165,018
May 2025045,33860.553.23$146,547
Apr 2025044,56162.363.54$157,885
Mar 2025048,64067.704.27$207,611
Feb 2025045,23770.884.34$196,367
Jan 2025053,39574.324.28$228,460
Dec 2024057,71268.993.12$180,141
Nov 2024056,88169.052.20$125,049
Oct 2024062,84971.372.28$143,384
Sep 2024064,12769.612.36$151,619
Aug 2024077,00875.632.06$158,916
Jul 2024079,52979.932.15$170,716
Jun 202407,33378.082.63$19,315
May 2024072,10178.812.20$158,510
Apr 2024074,12984.451.66$122,995
Mar 2024085,98580.301.55$132,858
Feb 2024085,59176.091.78$152,664
Jan 2024099,23373.023.30$327,237
Dec 20230110,15871.262.61$287,592
Nov 20230118,45177.892.81$332,558
Oct 20230140,75985.443.09$434,562
Sep 20230159,15489.042.74$435,293
Aug 20230187,32580.522.67$500,697
Jul 20230209,00374.852.64$552,144
Jun 20230134,19368.962.26$303,072
May 2023063,60170.622.23$141,665
Apr 202324263,58378.122.24$591,710
Mar 202349302,79972.852.39$728,216
Feb 20230213,78275.112.47$527,118

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas               35,836 Mcf  × $  3.05 =   $109,151

────────────────────────────────────────────────────
Month total                                 $109,151

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/294488 is the state's own key, not one this site invented.