HOPE 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258428District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$48.3 M
Aug 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112011-03-31201774
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition482,097 bbl$41,916,778
GasProduction1,705,557 Mcf$6,351,375
Total$48,268,152

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0180, -97.6016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.01798, -97.60164 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,373 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 13,373 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-1233230801H13,373 ftAug 2010

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (190)

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

190 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202403384.451.66$55
Mar 202404480.301.55$68
Feb 2024125876.091.78$1,017
Jan 202426173.023.30$347
Dec 2023115071.262.61$914
Nov 202302677.892.81$73
Oct 202303385.443.09$102
Sep 202305089.042.74$137
Aug 202308380.522.67$222
Jul 2023711574.852.64$828
Jun 2023129468.962.26$1,040
May 2023147670.622.23$1,158
Apr 2023177778.122.24$1,500
Mar 2023229772.852.39$1,835
Feb 2023229775.112.47$1,892
Jan 20232510076.533.39$2,252
Dec 2022169576.415.73$1,767
Nov 2022138885.005.65$1,602
Oct 20221211487.185.86$1,715
Sep 20222411684.888.16$2,984
Aug 20222413794.529.13$3,519
Jul 202229153101.587.54$4,100
Jun 202210122115.097.98$2,124
May 2022880109.378.43$1,550
Apr 202216104104.226.84$2,379
Mar 202235190108.885.08$4,775
Feb 20223218291.054.86$3,798
Jan 20224122781.844.54$4,385
Dec 20214524571.323.90$4,165
Nov 20213927677.435.24$4,465
Oct 20214830879.795.71$5,590
Sep 20215633969.865.35$5,726
Aug 202110235366.024.22$8,224
Jul 20217236770.783.98$6,558
Jun 20217737669.493.38$6,622
May 20217841863.483.02$6,213
Apr 20219344060.362.76$6,827
Mar 202110251161.302.72$7,641
Feb 20216440857.805.55$5,963
Jan 20217243850.412.81$4,860
Dec 20206442044.642.68$3,981
Nov 20206546638.772.71$3,781
Oct 20204430436.972.48$2,380
Sep 20207138037.091.99$3,390
Aug 20203816239.982.39$1,906
Jul 202010351238.371.83$4,887
Jun 202012769234.901.69$5,602
May 202016179916.921.81$4,174
Apr 20201931,06714.751.80$4,772
Mar 20202301,32230.341.86$9,432
Feb 20201981,31949.881.98$12,489
Jan 20202001,48057.252.09$14,550
Dec 20192271,87559.012.30$17,716
Nov 20191711,42955.302.75$13,387
Oct 20192471,78953.472.42$17,534
Sep 20194181,80355.052.66$27,802
Aug 20194301,95853.112.30$27,349
Jul 20194332,03756.272.46$29,376
Jun 20194592,01152.782.49$29,236
May 20194181,77458.482.74$29,306
Apr 20194001,79662.632.75$29,992
Mar 20194411,94156.803.06$30,992
Feb 20194491,86950.852.79$28,050
Jan 20195591,89946.033.23$31,861
Dec 20185521,83446.594.19$33,394
Nov 20184221,50552.934.24$28,714
Oct 20184011,79661.443.40$30,740
Sep 20185251,91859.543.11$37,220
Aug 20183791,29259.403.07$26,475
Jul 20184441,73365.142.93$34,003
Jun 20184871,91960.183.08$35,212
May 20185462,04565.382.90$41,630
Apr 20185381,87663.842.90$39,788
Mar 20185491,92461.222.79$38,972
Feb 20185331,83861.782.77$38,013
Jan 20185952,20362.874.01$46,240
Dec 20175982,19457.272.92$40,657
Nov 20175892,01955.423.12$38,938
Oct 20176122,06149.292.98$36,315
Sep 20175641,98047.523.09$32,914
Aug 20176392,44845.373.00$36,346
Jul 20176752,34843.873.09$36,861
Jun 20176662,24142.493.09$35,217
May 20177262,36145.373.26$40,644
Apr 20177272,29147.933.21$42,203
Mar 20177732,46746.772.98$43,514
Feb 20177412,39550.452.95$44,455
Jan 20178262,66349.413.42$49,917
Dec 20168273,05848.763.72$51,709
Nov 20168272,80442.492.64$42,554
Oct 20169173,04346.193.09$51,760
Sep 20169133,04441.553.10$47,373
Aug 20169503,29041.442.92$48,989
Jul 20169743,16941.622.92$49,805
Jun 20169693,15945.352.69$52,429
May 20161,0543,42442.521.99$51,633
Apr 20161,0463,36936.561.99$44,950
Mar 20161,1543,67633.011.79$44,688
Feb 20161,1393,47126.472.06$37,312
Jan 20161,2653,91527.352.36$43,854
Dec 20151,3774,58832.362.00$53,742
Nov 20151,5145,08438.792.17$69,747
Oct 20151,7355,80743.552.43$89,650
Sep 20151,9946,47542.992.76$103,583
Aug 20151,4264,67240.162.87$70,688
Jul 20151,8565,93348.152.95$106,840
Jun 20151,5274,77856.152.88$99,515
May 20151,6545,19455.212.96$106,668
Apr 20151,7665,37949.822.71$102,541
Mar 20152,2856,07542.892.93$115,832
Feb 20152,7017,60644.662.98$143,264
Jan 20153,82810,76643.433.10$199,631
Dec 20144,59013,43354.693.59$299,270
Nov 20144,86714,40470.464.25$404,172
Oct 20141,8355,20278.303.90$163,973
Sep 20140086.164.05$0
Aug 20141,6945,98089.394.04$175,557
Jul 20142,1487,50696.564.18$238,783
Jun 20142,2028,07298.164.74$254,384
May 20142,3198,48694.734.73$259,788
Apr 20142,4268,78695.944.81$275,003
Mar 20142,6399,47295.895.06$300,952
Feb 20142,3938,38897.406.19$285,017
Jan 20142,5389,19090.404.86$274,105
Dec 20132,98811,58791.824.35$324,814
Nov 20132,87110,52488.853.74$294,430
Oct 20132,93110,94297.423.78$326,892
Sep 20132,67510,104104.113.72$316,058
Aug 20133,51813,032104.253.52$412,658
Jul 20133,66913,808102.523.72$427,480
Jun 20133,70113,84294.403.93$403,821
May 20134,16914,90194.834.15$457,172
Apr 20134,26615,32793.964.28$466,473
Mar 20134,92816,49393.623.91$525,894
Feb 20134,52715,98991.233.42$467,679
Jan 20135,93520,66591.603.42$614,318
Dec 20126,24322,12786.773.42$617,383
Nov 20126,69923,79086.953.62$668,716
Oct 20127,87926,63389.383.40$794,769
Sep 20128,69928,71294.672.92$907,327
Aug 201211,81934,33192.662.91$1,194,989
Jul 201222861485.133.02$21,264
Jun 20127,73927,33179.822.52$686,575
May 20129,03232,24491.612.49$907,655
Apr 20129,59233,323101.652.00$1,041,566
Mar 201210,50335,685105.052.22$1,182,635
Feb 201210,61535,844101.102.57$1,165,304
Jan 201212,40241,73398.092.73$1,330,614
Dec 201113,40244,21496.873.24$1,441,494
Nov 201113,84146,61195.723.31$1,479,203
Oct 201115,35152,22384.983.65$1,495,066
Sep 201115,69853,30383.623.99$1,525,122
Aug 201117,14157,94583.404.15$1,669,992
Jul 201118,78864,12194.144.52$2,058,352
Jun 201120,08667,79192.904.64$2,180,532
May 201122,73078,80398.134.40$2,577,608
Apr 201124,72586,578105.964.33$2,995,028
Mar 201129,501102,52596.364.06$3,258,695
Feb 201125,87088,17985.644.18$2,584,093
Jan 201124,525116,04686.504.59$2,653,922
Dec 20106198,12385.734.35$88,384
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20105,33831,18073.684.42$531,099

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.

Apr 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.45 =         $0
Gas                   33 Mcf  × $  1.66 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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. 02/G/258428 is the state's own key, not one this site invented.