RANEY 01

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 260384District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Sep 2010 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
189
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 Gas112012-07-18206514
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
CondensateDisposition380 bbl$32,930
GasProduction878,895 Mcf$3,365,635
Total$3,398,565

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 28.7659, -97.8577. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76592, -97.85772 · 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
13,182 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 13,182 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-2553171601H13,182 ftNov 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 (189)

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

189 months

May 2026095106.413.05$289
Apr 2026012698.932.87$362
Mar 202601,02389.753.15$3,222
Feb 202601,42963.503.75$5,359
Jan 2026018459.138.00$1,472
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202501,93359.383.30$6,388
Sep 202502,39662.743.08$7,372
Aug 202501,65463.933.01$4,986
Jul 202501,45766.743.32$4,830
Jun 202502,58266.483.13$8,078
May 202503,60160.553.23$11,640
Apr 20250262.363.54$7
Mar 202501467.704.27$60
Feb 20250070.884.34$0
Jan 202502374.324.28$98
Dec 20240068.993.12$0
Nov 202401269.052.20$26
Oct 202401871.372.28$41
Sep 202401469.612.36$33
Aug 202402,00375.632.06$4,133
Jul 202402,45179.932.15$5,261
Jun 20240078.082.63$0
May 202402,59678.812.20$5,707
Apr 202401,44184.451.66$2,391
Mar 202403,23980.301.55$5,005
Feb 202405,52976.091.78$9,862
Jan 202403,59673.023.30$11,858
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202302785.443.09$83
Sep 20230089.042.74$0
Aug 202301580.522.67$40
Jul 202301674.852.64$42
Jun 202301568.962.26$34
May 202301970.622.23$42
Apr 202301278.122.24$27
Mar 2023026872.852.39$641
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202258487.185.86$928
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202102371.323.90$90
Nov 20210077.435.24$0
Oct 20210479.795.71$23
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202103070.783.98$119
Jun 20210069.493.38$0
May 2021016863.483.02$507
Apr 202108760.362.76$240
Mar 2021218361.302.72$620
Feb 2021026557.805.55$1,470
Jan 2021128450.412.81$849
Dec 2020027644.642.68$738
Nov 202007138.772.71$192
Oct 20200036.972.48$0
Sep 202001737.091.99$34
Aug 202001539.982.39$36
Jul 202001138.371.83$20
Jun 20200034.901.69$0
May 20200116.921.81$2
Apr 20200014.751.80$0
Mar 202002330.341.86$43
Feb 20200049.881.98$0
Jan 202001057.252.09$21
Dec 201903759.012.30$85
Nov 20190655.302.75$17
Oct 201903053.472.42$73
Sep 2019067455.052.66$1,791
Aug 201901,85253.112.30$4,268
Jul 201901,90556.272.46$4,686
Jun 201901,92752.782.49$4,801
May 201902,04558.482.74$5,604
Apr 201901,97562.632.75$5,433
Mar 201902,20856.803.06$6,761
Feb 201901,88750.852.79$5,269
Jan 201902,30146.033.23$7,428
Dec 201802,49746.594.19$10,451
Nov 201802,27652.934.24$9,644
Oct 201802,41561.443.40$8,206
Sep 201802,58959.543.11$8,047
Aug 201802,67159.403.07$8,191
Jul 201802,98865.142.93$8,760
Jun 201802,08760.183.08$6,422
May 201802,68765.382.90$7,794
Apr 201804,23163.842.90$12,273
Mar 201801061.222.79$28
Feb 201803861.782.77$105
Jan 2018016862.874.01$674
Dec 20170057.272.92$0
Nov 201705355.423.12$165
Oct 20170049.292.98$0
Sep 201703647.523.09$111
Aug 2017035645.373.00$1,070
Jul 201702,38643.873.09$7,366
Jun 201701,11442.493.09$3,439
May 201702,40845.373.26$7,858
Apr 201702,99047.933.21$9,603
Mar 201702,27946.772.98$6,800
Feb 201702450.452.95$71
Jan 2017020849.413.42$711
Dec 201603,03748.763.72$11,306
Nov 201601,73742.492.64$4,593
Oct 201603,34346.193.09$10,331
Sep 201602,18741.553.10$6,781
Aug 201602,90941.442.92$8,507
Jul 201602,87341.622.92$8,402
Jun 201602,70045.352.69$7,252
May 201602,92742.521.99$5,828
Apr 201603,30836.561.99$6,586
Mar 201602,76033.011.79$4,951
Feb 201601,25626.472.06$2,592
Jan 201603,28227.352.36$7,760
Dec 201503,21932.362.00$6,443
Nov 201503,36938.792.17$7,302
Oct 201503,30643.552.43$8,022
Sep 201503,14342.992.76$8,670
Aug 201503,51640.162.87$10,100
Jul 201503,07548.152.95$9,056
Jun 201503,15756.152.88$9,101
May 201503,72855.212.96$11,018
Apr 201503,97549.822.71$10,759
Mar 201504,29842.892.93$12,613
Feb 201503,97644.662.98$11,833
Jan 201504,62143.433.10$14,328
Dec 201404,43754.693.59$15,935
Nov 201405,08870.464.25$21,633
Oct 201403,20878.303.90$12,514
Sep 201402,09186.164.05$8,459
Aug 201404,14789.394.04$16,734
Jul 201414,24796.564.18$17,847
Jun 201404,19998.164.74$19,890
May 201404,66094.734.73$22,026
Apr 201404,23895.944.81$20,381
Mar 201405,41095.895.06$27,357
Feb 201403,17097.406.19$19,629
Jan 201407,89790.404.86$38,385
Dec 201303,04591.824.35$13,259
Nov 201304,03688.853.74$15,088
Oct 201303,92797.423.78$14,842
Sep 201302,366104.113.72$8,796
Aug 201305,472104.253.52$19,276
Jul 201306,172102.523.72$22,946
Jun 201305,95994.403.93$23,439
May 201306,65194.834.15$27,596
Apr 201306,76993.964.28$28,989
Mar 201306,74993.623.91$26,408
Feb 201307,38391.233.42$25,249
Jan 201303,86291.603.42$13,208
Dec 201207,07786.773.42$24,204
Nov 201207,21286.953.62$26,143
Oct 201209,46689.383.40$32,181
Sep 201209,75594.672.92$28,469
Aug 201208,02292.662.91$23,329
Jul 2012011,82285.133.02$35,712
Jun 2012010,68479.822.52$26,913
May 20120091.612.49$0
Apr 201203,281101.652.00$6,552
Mar 201209,498105.052.22$21,105
Feb 201205,854101.102.57$15,046
Jan 201207,37898.092.73$20,172
Dec 201107,02496.873.24$22,756
Nov 2011010,53095.723.31$34,868
Oct 2011017,12484.983.65$62,478
Sep 2011021,00283.623.99$83,710
Aug 2011011,39783.404.15$47,290
Jul 2011021,41494.144.52$96,732
Jun 2011020,05092.904.64$93,030
May 20111830,74298.134.40$137,179
Apr 20111339,471105.964.33$172,416
Mar 20112142,40896.364.06$174,087
Feb 20111454,26985.644.18$228,042
Jan 201110795,08086.504.59$445,557
Dec 2010122107,20685.734.35$476,564
Nov 20107627,54480.843.80$110,682
Oct 20100078.103.51$0
Sep 20100072.633.98$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             0 bbl  × $106.41 =         $0
Gas                   95 Mcf  × $  3.05 =       $289

────────────────────────────────────────────────────
Month total                                     $289

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/260384 is the state's own key, not one this site invented.