JOHNSON TRUST 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 260388District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Nov 2010 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
187
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 Gas112012-11-06207609
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
CondensateDisposition57,183 bbl$4,722,665
GasProduction1,681,900 Mcf$5,987,700
Total$10,710,365

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 28.7908, -97.8839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79078, -97.88394 · 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
12,873 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 12,873 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-2553173701H12,873 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 (187)

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

187 months

May 20260157106.413.05$478
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026321,07763.503.75$6,071
Jan 2026422,25759.138.00$20,535
Dec 2025942,46756.664.41$16,214
Nov 2025602,24758.593.93$12,338
Oct 2025662,69559.383.30$12,826
Sep 2025572,08762.743.08$9,998
Aug 2025471,90363.933.01$8,742
Jul 20252858366.743.32$3,801
Jun 202541,19366.483.13$3,998
May 2025102,68260.553.23$9,275
Apr 2025752,60862.363.54$13,917
Mar 2025592,23967.704.27$13,551
Feb 2025712,55670.884.34$16,128
Jan 2025722,83874.324.28$17,494
Dec 2024942,58268.993.12$14,544
Nov 2024332,51269.052.20$7,801
Oct 2024181,68571.372.28$5,129
Sep 2024613,43269.612.36$12,361
Aug 2024471,96775.632.06$7,614
Jul 2024963,06179.932.15$14,244
Jun 2024413,00378.082.63$11,111
May 2024412,01878.812.20$7,668
Apr 2024862,99784.451.66$12,235
Mar 2024492,00980.301.55$7,039
Feb 2024143,06476.091.78$6,530
Jan 202402,37073.023.30$7,815
Dec 2023502,17471.262.61$9,239
Nov 202351,71377.892.81$5,199
Oct 2023433,45785.443.09$14,347
Sep 2023453,02889.042.74$12,289
Aug 2023121,61680.522.67$5,286
Jul 2023353,01774.852.64$10,590
Jun 20231073,21068.962.26$14,628
May 202303,27770.622.23$7,299
Apr 2023373,22078.122.24$10,096
Mar 2023543,52272.852.39$12,363
Feb 20231803,30775.112.47$21,674
Jan 20231973,87776.533.39$28,211
Dec 20221992,57976.415.73$29,981
Nov 20223443,20985.005.65$47,359
Oct 20222553,51087.185.86$42,813
Sep 20221723,23184.888.16$40,976
Aug 20221463,42694.529.13$45,070
Jul 2022803,399101.587.54$33,762
Jun 20222883,223115.097.98$58,856
May 2022833,408109.378.43$37,818
Apr 20221284,073104.226.84$41,190
Mar 20221982,510108.885.08$34,300
Feb 2022582,96991.054.86$19,707
Jan 20222163,83881.844.54$35,093
Dec 20211093,76771.323.90$22,462
Nov 2021363,35077.435.24$20,331
Oct 2021863,85279.795.71$28,872
Sep 202103,91169.865.35$20,927
Aug 2021264,03566.024.22$18,747
Jul 2021473,39070.783.98$16,826
Jun 20211983,87769.493.38$26,866
May 2021763,10263.483.02$14,185
Apr 2021384,00660.362.76$13,344
Mar 20211134,36661.302.72$18,789
Feb 2021393,55657.805.55$21,983
Jan 2021554,32250.412.81$14,919
Dec 202003,26944.642.68$8,746
Nov 2020583,25838.772.71$11,067
Oct 20201414,45936.972.48$16,264
Sep 20201434,45737.091.99$14,178
Aug 2020594,62339.982.39$13,385
Jul 20201214,42838.371.83$12,724
Jun 20201014,41634.901.69$10,989
May 2020664,67516.921.81$9,601
Apr 20201334,10414.751.80$9,367
Mar 2020994,71730.341.86$11,760
Feb 2020894,52249.881.98$13,396
Jan 20201444,41057.252.09$17,482
Dec 20191014,76759.012.30$16,945
Nov 2019935,08155.302.75$19,119
Oct 2019894,75853.472.42$16,266
Sep 20191074,62455.052.66$18,178
Aug 20191084,80853.112.30$16,815
Jul 20191154,85956.272.46$18,424
Jun 20191134,62552.782.49$17,486
May 20191244,86158.482.74$20,572
Apr 20191304,86962.632.75$21,535
Mar 20191325,04656.803.06$22,949
Feb 20191274,59050.852.79$19,274
Jan 20191415,13746.033.23$23,073
Dec 20181395,38146.594.19$28,998
Nov 20181124,55652.934.24$25,233
Oct 20181285,22061.443.40$25,602
Sep 20181305,28259.543.11$24,157
Aug 20181375,52659.403.07$25,084
Jul 20181385,53865.142.93$25,226
Jun 20181465,48460.183.08$25,660
May 20181765,73865.382.90$28,152
Apr 20181715,50863.842.90$26,894
Mar 20181775,73061.222.79$26,805
Feb 20181565,17761.782.77$23,958
Jan 20181535,54462.874.01$31,847
Dec 20171595,72357.272.92$25,826
Nov 20171615,84155.423.12$27,137
Oct 20171596,02249.292.98$25,805
Sep 20171676,87547.523.09$29,161
Aug 20171274,60045.373.00$19,582
Jul 20171746,27743.873.09$27,012
Jun 20171585,77042.493.09$24,527
May 20171766,15145.373.26$28,058
Apr 20171755,97847.933.21$27,587
Mar 20172196,24346.772.98$28,870
Feb 20171915,73050.452.95$26,554
Jan 20171776,23349.413.42$30,055
Dec 20161956,36348.763.72$33,197
Nov 20161866,22842.492.64$24,372
Oct 20161926,53746.193.09$29,070
Sep 20161846,42641.553.10$27,570
Aug 20161886,71341.442.92$27,422
Jul 20161976,93541.622.92$28,479
Jun 20161986,77345.352.69$27,170
May 20162097,13042.521.99$23,083
Apr 20162197,19336.561.99$22,328
Mar 20162427,40733.011.79$21,277
Feb 20162417,11426.472.06$21,060
Jan 20162487,27727.352.36$23,988
Dec 20152267,24332.362.00$21,810
Nov 20152357,52938.792.17$25,433
Oct 20152388,14443.552.43$30,127
Sep 20152438,26342.992.76$33,239
Aug 20152728,91640.162.87$36,535
Jul 20152618,54448.152.95$37,730
Jun 20152578,35556.152.88$38,517
May 20152938,85255.212.96$42,338
Apr 20152738,43649.822.71$36,433
Mar 20153139,07342.892.93$40,051
Feb 20152917,97744.662.98$36,737
Jan 20153229,78743.433.10$44,330
Dec 20143449,05554.693.59$51,333
Nov 20142728,57870.464.25$55,637
Oct 20142778,97278.303.90$56,689
Sep 20142718,73586.164.05$58,686
Aug 20142679,38089.394.04$61,717
Jul 20143149,84296.564.18$71,455
Jun 20143339,63198.164.74$78,308
May 201443810,85494.734.73$92,794
Apr 20143669,60095.944.81$81,282
Mar 201442910,62595.895.06$94,865
Feb 20143309,68297.406.19$92,093
Jan 201439611,51590.404.86$91,770
Dec 201335711,35791.824.35$82,234
Nov 201336911,68488.853.74$76,464
Oct 201344313,58797.423.78$94,507
Sep 201330810,363104.113.72$70,593
Aug 201342013,291104.253.52$90,604
Jul 201344513,553102.523.72$96,008
Jun 201342213,22094.403.93$91,836
May 201353513,52094.834.15$106,830
Apr 201351414,84993.964.28$111,888
Mar 201358616,22693.623.91$118,352
Feb 201356514,77791.233.42$102,081
Jan 201357117,75191.603.42$113,010
Dec 201257717,95986.773.42$111,489
Nov 201264017,47186.953.62$118,980
Oct 201269321,57889.383.40$135,299
Sep 201270422,69794.672.92$132,887
Aug 201272420,97992.662.91$128,096
Jul 201279320,46185.133.02$129,317
Jun 201278820,95979.822.52$115,695
May 201296323,76591.612.49$147,355
Apr 201297224,959101.652.00$148,642
Mar 20121,09127,798105.052.22$176,379
Feb 20121,09127,671101.102.57$181,421
Jan 20121,16829,91498.092.73$196,356
Dec 20111,32634,59096.873.24$240,512
Nov 20111,27033,61495.723.31$232,870
Oct 20111,36640,77484.983.65$264,848
Sep 20111,49950,71983.623.99$327,502
Aug 20111,80959,02383.404.15$395,776
Jul 20112,31370,58694.144.52$536,600
Jun 20113,03284,41292.904.64$673,334
May 20115,885108,01998.134.40$1,053,299
Apr 20111,79233,984105.964.33$337,143
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$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                  157 Mcf  × $  3.05 =       $478

────────────────────────────────────────────────────
Month total                                     $478

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/260388 is the state's own key, not one this site invented.