SAGER 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 260235District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Dec 2010 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
186
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 Gas112012-04-12205070
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
CondensateDisposition56,485 bbl$4,686,670
GasProduction1,482,636 Mcf$5,026,972
Total$9,713,642

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 29.1225, -97.4186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.12249, -97.41865 · 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
13,904 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 13,904 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-1233234501H13,904 ftApr 2011

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 (186)

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

186 months

May 202600106.413.05$0
Apr 20265398.932.87$503
Mar 202611389.753.15$131
Feb 202621863.503.75$195
Jan 202652059.138.00$3,075
Dec 202561056.664.41$3,456
Nov 2025196058.593.93$11,484
Oct 202596059.383.30$5,700
Sep 2025261962.743.08$1,690
Aug 20250063.933.01$0
Jul 2025282166.743.32$1,938
Jun 2025485166.483.13$3,351
May 202513660.553.23$177
Apr 202501662.363.54$57
Mar 202571967.704.27$555
Feb 202516970.884.34$370
Jan 20259531374.324.28$8,400
Dec 20244930968.993.12$4,345
Nov 20246918869.052.20$5,178
Oct 20246214471.372.28$4,753
Sep 20246919069.612.36$5,252
Aug 20248524575.632.06$6,934
Jul 20248831879.932.15$7,716
Jun 202413027078.082.63$10,862
May 202411959378.812.20$10,682
Apr 2024971,77384.451.66$11,133
Mar 20241662,77680.301.55$17,619
Feb 20241332,31276.091.78$14,244
Jan 20241543,04273.023.30$21,277
Dec 20231764,54971.262.61$24,418
Nov 20232075,10377.892.81$30,450
Oct 20232157,25685.443.09$40,771
Sep 20232689,26089.042.74$49,189
Aug 20232414,47580.522.67$31,366
Jul 202359616,77874.852.64$88,935
Jun 20237911668.962.26$5,710
May 202301,13070.622.23$2,517
Apr 2023271,04578.122.24$4,448
Mar 2023221,02872.852.39$4,063
Feb 2023321,52075.112.47$6,151
Jan 2023892,75376.533.39$16,138
Dec 2022692,26876.415.73$18,266
Nov 20221111,52785.005.65$18,057
Oct 2022171,89887.185.86$12,611
Sep 2022151,75084.888.16$15,560
Aug 2022151,64794.529.13$16,450
Jul 2022161,756101.587.54$14,869
Jun 2022641,860115.097.98$22,203
May 2022362,277109.378.43$23,139
Apr 20221302,019104.226.84$27,354
Mar 2022532,442108.885.08$18,167
Feb 20221112,22891.054.86$20,932
Jan 2022182,10281.844.54$11,011
Dec 2021662,09771.323.90$12,884
Nov 2021181,80177.435.24$10,825
Oct 2021142,12779.795.71$13,270
Sep 2021221,83369.865.35$11,345
Aug 2021341,70366.024.22$9,432
Jul 2021181,29970.783.98$6,447
Jun 2021451,15869.493.38$7,042
May 2021471,70463.483.02$8,126
Apr 2021372,07160.362.76$7,946
Mar 2021302,21261.302.72$7,849
Feb 2021322,00157.805.55$12,951
Jan 2021652,80450.412.81$11,157
Dec 20201073,15344.642.68$13,212
Nov 2020652,45538.772.71$9,165
Oct 2020422,35636.972.48$7,392
Sep 2020691,77137.091.99$6,085
Aug 2020282,03239.982.39$5,966
Jul 2020382,57338.371.83$6,154
Jun 2020413,06334.901.69$6,608
May 2020543,36116.921.81$7,013
Apr 2020703,28014.751.80$6,951
Mar 20201023,54030.341.86$9,666
Feb 2020653,27149.881.98$9,721
Jan 2020463,67157.252.09$10,323
Dec 2019733,62159.012.30$12,652
Nov 2019762,92255.302.75$12,240
Oct 2019853,43453.472.42$12,850
Sep 2019493,34855.052.66$11,594
Aug 2019383,27553.112.30$9,565
Jul 2019563,69056.272.46$12,229
Jun 2019533,71552.782.49$12,052
May 2019573,71358.482.74$13,508
Apr 2019643,53662.632.75$13,735
Mar 2019853,75456.803.06$16,323
Feb 2019903,69650.852.79$14,897
Jan 2019743,42146.033.23$14,450
Dec 2018733,55846.594.19$18,293
Nov 2018613,77152.934.24$19,207
Oct 2018653,62161.443.40$16,298
Sep 2018583,85459.543.11$15,432
Aug 2018613,59359.403.07$14,642
Jul 2018774,29265.142.93$17,599
Jun 2018734,28960.183.08$17,590
May 2018944,01765.382.90$17,798
Apr 2018964,31863.842.90$18,654
Mar 20181344,67761.222.79$21,238
Feb 20181353,77461.782.77$18,780
Jan 20181914,85662.874.01$31,477
Dec 20171643,93857.272.92$20,897
Nov 20171824,19855.423.12$23,177
Oct 20171634,23449.292.98$20,667
Sep 20171674,95047.523.09$23,218
Aug 20171283,94645.373.00$17,663
Jul 20172124,74443.873.09$23,947
Jun 20171854,65942.493.09$22,244
May 20171744,93045.373.26$23,983
Apr 20171614,75947.933.21$23,001
Mar 20171555,03146.772.98$22,260
Feb 20171514,77550.452.95$21,717
Jan 20171855,25849.413.42$27,117
Dec 20161695,40948.763.72$28,377
Nov 20161445,18942.492.64$19,840
Oct 20161485,37246.193.09$23,437
Sep 20161465,37641.553.10$22,735
Aug 20161555,78641.442.92$23,343
Jul 20161535,30941.622.92$21,893
Jun 20161525,48345.352.69$21,620
May 20161695,83042.521.99$18,794
Apr 20161865,80536.561.99$18,358
Mar 20162126,36633.011.79$18,419
Feb 20162525,63126.472.06$18,291
Jan 20162286,48627.352.36$21,571
Dec 20152766,63332.362.00$22,207
Nov 20152345,74338.792.17$21,524
Oct 20152457,09543.552.43$27,886
Sep 20151976,42842.992.76$26,200
Aug 20152026,72740.162.87$27,436
Jul 20151867,07248.152.95$29,784
Jun 20152036,84556.152.88$31,132
May 20152257,41455.212.96$34,334
Apr 20152367,13749.822.71$31,074
Mar 20152767,56442.892.93$34,036
Feb 20152587,19044.662.98$32,921
Jan 20152968,83143.433.10$40,237
Dec 20142898,74354.693.59$47,205
Nov 20142738,18270.464.25$54,024
Oct 20142968,93078.303.90$58,012
Sep 20142968,58086.164.05$60,213
Aug 20143538,74989.394.04$66,858
Jul 20142709,44496.564.18$65,543
Jun 20143479,90998.164.74$80,999
May 201444911,70794.734.73$97,868
Apr 201469513,57895.944.81$131,977
Mar 20144348,07795.895.06$82,460
Feb 201443710,32897.406.19$106,515
Jan 201438310,13690.404.86$83,891
Dec 201347211,50791.824.35$93,446
Nov 201349010,78788.853.74$83,861
Oct 201361311,28397.423.78$102,361
Sep 201361210,419104.113.72$102,450
Aug 201363510,584104.253.52$103,482
Jul 201338011,539102.523.72$81,857
Jun 201345512,18394.403.93$90,873
May 201364313,36594.834.15$116,428
Apr 201386212,67793.964.28$135,284
Mar 201382512,71793.623.91$126,996
Feb 201366412,06191.233.42$101,824
Jan 201372916,26491.603.42$122,398
Dec 201279115,55086.773.42$121,819
Nov 201290215,15986.953.62$133,380
Oct 201290014,38189.383.40$129,333
Sep 201288618,52194.672.92$137,929
Aug 20121,51523,15192.662.91$207,707
Jul 20121,14025,62685.133.02$174,459
Jun 20121,08627,05879.822.52$154,845
May 20121,10530,56491.612.49$177,282
Apr 20121,58932,210101.652.00$225,839
Mar 20121,16137,271105.052.22$204,782
Feb 20122,60039,588101.102.57$364,611
Jan 20122,34847,79998.092.73$361,002
Dec 20112,05855,65796.873.24$379,673
Nov 20111,81962,12395.723.31$379,821
Oct 20112,19174,39384.983.65$457,617
Sep 20112,61289,68383.623.99$575,874
Aug 20114,177125,85683.404.15$870,579
Jul 201169319,54194.144.52$153,510
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201151519,007105.964.33$136,932
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0

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 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $ 98.93 =       $495
Gas                    3 Mcf  × $  2.87 =         $9

────────────────────────────────────────────────────
Month total                                     $503

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/260235 is the state's own key, not one this site invented.