DIRECT ASSETS UNIT

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

Gas lease lease 260314District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.8 M
Oct 2010 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
188
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

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 Gas112012-03-27203432
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
CondensateDisposition225,519 bbl$18,604,525
GasProduction880,528 Mcf$3,181,824
Total$21,786,349

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 28.8076, -97.9828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80759, -97.98280 · 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
12,046 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 12,046 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-255317211H12,046 ftJan 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 (188)

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

188 months

May 202618015106.413.05$19,199
Apr 20262011898.932.87$19,937
Mar 20261991789.753.15$17,914
Feb 202610022063.503.75$7,175
Jan 2026949759.138.00$6,334
Dec 202512921356.664.41$8,249
Nov 202514229858.593.93$9,490
Oct 202514352859.383.30$10,236
Sep 202514974162.743.08$11,628
Aug 20256027163.933.01$4,653
Jul 202510179266.743.32$9,366
Jun 20251741,36266.483.13$15,829
May 20251911,35460.553.23$15,942
Apr 20251831,24462.363.54$15,820
Mar 20252401,24367.704.27$21,554
Feb 20251721,13070.884.34$17,097
Jan 202517970674.324.28$16,324
Dec 20241054,71268.993.12$21,952
Nov 20243871,45569.052.20$29,921
Oct 20242421,27171.372.28$20,171
Sep 20244201,37669.612.36$32,490
Aug 20244721,32675.632.06$38,434
Jul 20245921,12979.932.15$49,742
Jun 20245761,28478.082.63$48,356
May 20244851,22278.812.20$40,909
Apr 202427583884.451.66$24,614
Mar 202420980.301.55$1,620
Feb 20245246076.091.78$4,777
Jan 202418737773.023.30$14,898
Dec 202399324971.262.61$71,411
Nov 202348113077.892.81$37,830
Oct 202345916585.443.09$39,726
Sep 202347615189.042.74$42,796
Aug 202357615480.522.67$46,791
Jul 20236502,42274.852.64$55,051
Jun 20232122,16768.962.26$19,514
May 20233791,41470.622.23$29,915
Apr 202325456778.122.24$21,111
Mar 20233071,77572.852.39$26,613
Feb 20232811,28575.112.47$24,274
Jan 20234271,55676.533.39$37,950
Dec 202220979776.415.73$20,536
Nov 20223611,76785.005.65$40,662
Oct 20224141,59587.185.86$45,445
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202215355101.587.54$4,201
Jun 202229700115.097.98$8,922
May 202271,359109.378.43$12,226
Apr 2022205355104.226.84$23,792
Mar 2022238911108.885.08$30,538
Feb 202216540091.054.86$16,967
Jan 202221931981.844.54$19,370
Dec 202125170371.323.90$20,642
Nov 202122652377.435.24$20,238
Oct 202122795379.795.71$23,558
Sep 20212241,06769.865.35$21,358
Aug 20212441,01566.024.22$20,393
Jul 20212471,24770.783.98$22,448
Jun 20212302,87369.493.38$25,695
May 20212881,16563.483.02$21,798
Apr 20217481,18660.362.76$48,421
Mar 20215371,78061.302.72$37,754
Feb 20213031,50657.805.55$25,869
Jan 20213581,12350.412.81$21,203
Dec 202035069544.642.68$17,483
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202034737.091.99$205
Aug 20201301,36139.982.39$8,444
Jul 20202321,83638.371.83$12,253
Jun 20203081,63434.901.69$13,511
May 20203021,30416.921.81$7,476
Apr 20204011,23314.751.80$8,140
Mar 20208241,56330.341.86$27,901
Feb 2020711549.881.98$3,571
Jan 202029243557.252.09$17,628
Dec 20192561,10759.012.30$17,657
Nov 20193781,39355.302.75$24,735
Oct 20193831,06553.472.42$23,055
Sep 20197351,19655.052.66$43,640
Aug 20197241,14153.112.30$41,081
Jul 20191631,34956.272.46$12,491
Jun 20191851,48552.782.49$13,464
May 20191771,61658.482.74$14,779
Apr 20191641,27362.632.75$13,773
Mar 20191511,12256.803.06$12,012
Feb 20191981,06150.852.79$13,031
Jan 201924788546.033.23$14,226
Dec 20183681,11246.594.19$21,799
Nov 20182131,35152.934.24$16,999
Oct 201817981161.443.40$13,754
Sep 20182351,81859.543.11$19,642
Aug 20185932,21059.403.07$42,001
Jul 20182932,32965.142.93$25,914
Jun 20182452,22660.183.08$21,593
May 20183041,92165.382.90$25,448
Apr 20185301,83763.842.90$39,164
Mar 20186971,89561.222.79$47,951
Feb 20187561,84161.782.77$51,798
Jan 20187152,23962.874.01$53,929
Dec 20178442,45457.272.92$55,505
Nov 20178803,24755.423.12$58,895
Oct 20179133,44549.292.98$55,281
Sep 20175163,36847.523.09$34,918
Aug 20175173,57045.373.00$34,182
Jul 20179734,94543.873.09$57,952
Jun 20178544,69042.493.09$50,766
May 20177124,86145.373.26$48,167
Apr 20175204,33647.933.21$38,849
Mar 20176732,40146.772.98$38,640
Feb 20176011,63150.452.95$35,136
Jan 20178182,31049.413.42$48,315
Dec 20167982,30448.763.72$47,488
Nov 20167072,07742.492.64$35,533
Oct 20167562,82246.193.09$43,640
Sep 20168563,55941.553.10$46,602
Aug 20168984,14241.442.92$49,326
Jul 20165535,21441.622.92$38,263
Jun 20168065,23145.352.69$50,602
May 20169205,47442.521.99$50,017
Apr 20161,1475,35836.561.99$52,602
Mar 20166615,93033.011.79$32,458
Feb 20167975,72126.472.06$32,903
Jan 20168866,89927.352.36$40,544
Dec 20151,0225,30732.362.00$43,693
Nov 20151,0684,98238.792.17$52,225
Oct 20151,6387,26843.552.43$88,971
Sep 20151,8888,10742.992.76$103,528
Aug 20153011,32740.162.87$15,900
Jul 20156643,43948.152.95$42,100
Jun 20156843,20656.152.88$47,649
May 20157613,90855.212.96$53,565
Apr 20157083,26049.822.71$44,096
Mar 20151,3234,32642.892.93$69,439
Feb 20151,3215,59444.662.98$75,645
Jan 201585554143.433.10$38,810
Dec 20141,1107,08954.693.59$86,165
Nov 20141,3996,73270.464.25$127,197
Oct 20143,28810,56278.303.90$298,652
Sep 20143,19611,69086.164.05$322,659
Aug 20143,52319,13989.394.04$392,149
Jul 20141,61916,56696.564.18$225,570
Jun 20141,7696,17198.164.74$202,876
May 20141,8548,07594.734.73$213,796
Apr 20141,9107,30195.944.81$218,357
Mar 20142,2829,38895.895.06$266,294
Feb 20141,88717,61497.406.19$292,860
Jan 20142,1556,83290.404.86$228,020
Dec 20132,0094,23491.824.35$202,903
Nov 20131,9111,97188.853.74$177,161
Oct 20131,2625,62897.423.78$144,214
Sep 20131,5186,862104.113.72$183,550
Aug 20132,0859,503104.253.52$250,837
Jul 20132,2419,733102.523.72$265,932
Jun 20132,70310,09494.403.93$294,867
May 20132,1336,43594.834.15$228,972
Apr 20131,6156,69993.964.28$180,434
Mar 20131,7687,09493.623.91$193,278
Feb 20131,3375,66291.233.42$141,338
Jan 20133,19717,14291.603.42$351,469
Dec 20122085,63886.773.42$37,331
Nov 20122,13410,60086.953.62$223,976
Oct 20121,4098,95389.383.40$156,374
Sep 20122,3268,85594.672.92$246,045
Aug 20122,0208,88292.662.91$213,003
Jul 20122,71510,29185.133.02$262,215
Jun 20123,01312,03079.822.52$270,802
May 20123,47312,47391.612.49$349,198
Apr 20122,93313,375101.652.00$324,847
Mar 20123,43214,316105.052.22$392,343
Feb 20123,2099,443101.102.57$348,701
Jan 20124,16311,74898.092.73$440,469
Dec 20113,65814,94096.873.24$402,752
Nov 20114,39017,78095.723.31$479,085
Oct 20114,43716,62584.983.65$437,713
Sep 20116,14613,62083.623.99$568,215
Aug 20116,41826,14783.404.15$643,753
Jul 20117,12231,36294.144.52$812,135
Jun 20117,15726,03592.904.64$785,685
May 20119,53832,58198.134.40$1,079,477
Apr 20119,24926,972105.964.33$1,096,901
Mar 201112,51536,19196.364.06$1,352,785
Feb 201112,86233,97785.644.18$1,243,525
Jan 20118904,37686.504.59$97,066
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$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.

May 2026 — as filed, then multipliedworked
Condensate           180 bbl  × $106.41 =    $19,154
Gas                   15 Mcf  × $  3.05 =        $46

────────────────────────────────────────────────────
Month total                                  $19,199

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/260314 is the state's own key, not one this site invented.