KRANER UNIT B

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 264927District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
171
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 Gas112012-12-15207855
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
CondensateDisposition125,860 bbl$10,416,628
GasProduction1,101,598 Mcf$3,535,052
Total$13,951,681

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 28.7615, -97.9431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76146, -97.94312 · 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
12,814 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 12,814 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-255322391H12,814 ftSep 2022

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 (171)

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

171 months

May 20267126106.413.05$1,129
Apr 20262348898.932.87$3,676
Mar 20268014689.753.15$7,640
Feb 20267838463.503.75$6,393
Jan 20260059.138.00$0
Dec 20252021056.664.41$2,060
Nov 20251251358.593.93$7,375
Oct 202571859.383.30$4,242
Sep 2025771462.743.08$4,874
Aug 20258093263.933.01$7,924
Jul 20251854,11566.743.32$25,989
Jun 20252054,19966.483.13$26,766
May 20252605860.553.23$15,930
Apr 20253113562.363.54$19,518
Mar 20253453667.704.27$23,510
Feb 20253103270.884.34$22,112
Jan 20256697,59974.324.28$82,234
Dec 20245614,24368.993.12$51,947
Nov 202419514069.052.20$13,773
Oct 20241623771.372.28$11,646
Sep 202417717669.612.36$12,737
Aug 202419922875.632.06$15,521
Jul 202421738579.932.15$18,171
Jun 20242431,79478.082.63$23,699
May 202423886878.812.20$20,665
Apr 20241582184.451.66$13,378
Mar 20242222580.301.55$17,865
Feb 202423037776.091.78$18,173
Jan 202427942673.023.30$21,777
Dec 202335363171.262.61$26,802
Nov 202324059477.892.81$20,361
Oct 20234945785.443.09$5,597
Sep 20236346189.042.74$6,870
Aug 20235946180.522.67$5,983
Jul 20238853074.852.64$7,987
Jun 20236344068.962.26$5,338
May 202313153770.622.23$10,447
Apr 202314255078.122.24$12,324
Mar 202314555172.852.39$11,882
Feb 202316940675.112.47$13,695
Jan 202323197776.533.39$20,988
Dec 202221941176.415.73$19,088
Nov 202218272085.005.65$19,535
Oct 20222291,19487.185.86$26,966
Sep 202210930384.888.16$11,726
Aug 20228762394.529.13$13,909
Jul 2022123857101.587.54$18,958
Jun 20229816115.097.98$7,545
May 2022581,156109.378.43$16,092
Apr 202261504104.226.84$9,804
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021624479.795.71$1,873
Sep 2021861,24369.865.35$12,659
Aug 2021641,03766.024.22$8,602
Jul 20211511,04370.783.98$14,841
Jun 20215541869.493.38$5,235
May 202116165463.483.02$12,194
Apr 20217235460.362.76$5,322
Mar 20214333861.302.72$3,554
Feb 20213520557.805.55$3,160
Jan 202111927850.412.81$6,780
Dec 202015147744.642.68$8,017
Nov 20201611,06338.772.71$9,119
Oct 202010052436.972.48$4,996
Sep 2020854637.091.99$1,384
Aug 20201060639.982.39$1,845
Jul 20201668438.371.83$1,862
Jun 20209512934.901.69$3,534
May 20208919516.921.81$1,860
Apr 202010839314.751.80$2,302
Mar 20208745830.341.86$3,490
Feb 20202964649.881.98$2,726
Jan 20209381757.252.09$7,036
Dec 20197174259.012.30$5,900
Nov 20198339655.302.75$5,679
Oct 20197679453.472.42$5,984
Sep 20199779355.052.66$7,447
Aug 20191021,43553.112.30$8,724
Jul 20191171,42656.272.46$10,092
Jun 2019981,53552.782.49$8,996
May 20192881,56558.482.74$21,131
Apr 20193631,40062.632.75$26,586
Mar 20191421,64656.803.06$13,106
Feb 20192011,57150.852.79$14,607
Jan 20193481,48646.033.23$20,816
Dec 2018461,06346.594.19$6,592
Nov 20188430352.934.24$5,730
Oct 201811732561.443.40$8,293
Sep 201816252159.543.11$11,265
Aug 20181442,05059.403.07$14,840
Jul 20181731,87065.142.93$16,752
Jun 2018991,54660.183.08$10,715
May 2018861,47665.382.90$9,904
Apr 20181281,70263.842.90$13,109
Mar 20181691,58661.222.79$14,766
Feb 20182681,60361.782.77$20,991
Jan 201828258262.874.01$20,063
Dec 20172661,97457.272.92$21,001
Nov 20172602,17455.423.12$21,189
Oct 20171742,22549.292.98$15,215
Sep 20172492,58647.523.09$19,816
Aug 201717491445.373.00$10,640
Jul 201724346143.873.09$12,084
Jun 201729845742.493.09$14,073
May 201724748545.373.26$12,789
Apr 201740265447.933.21$21,368
Mar 201725559046.772.98$13,687
Feb 201730949150.452.95$17,039
Jan 201741066149.413.42$22,518
Dec 201644366948.763.72$24,091
Nov 201637060442.492.64$17,318
Oct 201634092946.193.09$18,575
Sep 201626977341.553.10$13,574
Aug 20162891,22741.442.92$15,564
Jul 20163311,67541.622.92$18,674
Jun 20163001,39545.352.69$17,352
May 20163251,30042.521.99$16,407
Apr 201640050336.561.99$15,625
Mar 201641848833.011.79$14,674
Feb 20164221,71826.472.06$14,716
Jan 20164893,73427.352.36$22,203
Dec 20154844,40032.362.00$24,468
Nov 20156064,46438.792.17$33,182
Oct 20157134,62543.552.43$42,274
Sep 20157284,52442.992.76$43,776
Aug 20157425,20440.162.87$44,747
Jul 20159615,97848.152.95$63,878
Jun 20151,0567,08656.152.88$79,722
May 20158456,84755.212.96$66,888
Apr 20156225,22149.822.71$45,119
Mar 20156616,32542.892.93$46,912
Feb 20157316,51444.662.98$52,033
Jan 201593915,26343.433.10$88,106
Dec 20147339,24154.693.59$73,276
Nov 20141,02610,12270.464.25$115,329
Oct 20141,50615,52378.303.90$178,474
Sep 20145,88721,76486.164.05$595,269
Aug 20143,59423,77989.394.04$417,219
Jul 20145014,25496.564.18$66,157
Jun 201489512,47698.164.74$146,951
May 20141,37013,37094.734.73$192,974
Apr 201490813,45995.944.81$151,839
Mar 20141,4675,96195.895.06$170,814
Feb 20148301,77897.406.19$91,851
Jan 20141,6265,47790.404.86$173,613
Dec 20131,81313,65591.824.35$225,930
Nov 20131,49514,91888.853.74$188,598
Oct 20131,88622,32897.423.78$268,120
Sep 20131,40311,183104.113.72$187,642
Aug 20132,00721,870104.253.52$286,269
Jul 20131,32914,932102.523.72$191,762
Jun 20131,35714,55194.403.93$185,336
May 20132,19522,77394.834.15$302,639
Apr 20131,74422,28593.964.28$259,304
Mar 20133,05028,62893.623.91$397,559
Feb 20131,91926,66791.233.42$266,269
Jan 20132,86839,66491.603.42$398,356
Dec 20122,83240,32486.773.42$383,647
Nov 20123,54615,58086.953.62$364,802
Oct 20122,51825,32189.383.40$311,142
Sep 20124,22543,86294.672.92$527,988
Aug 20125,42151,14192.662.91$651,036
Jul 20125,17566,79485.133.02$642,319
Jun 20125,56570,74579.822.52$622,408
May 20129,42786,98891.612.49$1,080,061
Apr 201210,29390,820101.652.00$1,227,633
Mar 20122,65832,165105.052.22$350,696

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             7 bbl  × $106.41 =       $745
Gas                  126 Mcf  × $  3.05 =       $384

────────────────────────────────────────────────────
Month total                                   $1,129

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/264927 is the state's own key, not one this site invented.