KENEDY JONES 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 265064District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Dec 2010 – Mar 2018
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
88
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 Gas112012-12-15207853
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
CondensateDisposition38,283 bbl$3,551,931
GasProduction434,179 Mcf$1,664,208
Total$5,216,138

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 28.8025, -97.8687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80251, -97.86871 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,830 ft
1 wells filed one
Completion to plug
7.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,830 ft.

Completions filed
Dec 2010
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-255317811H12,830 ftDec 2010Mar 2018Yes

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 (88)

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

88 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20171410157.272.92$1,097
Nov 20175255.423.12$283
Oct 201743749.292.98$308
Sep 20170047.523.09$0
Aug 20176045.373.00$272
Jul 201711643.873.09$93
Jun 20176442.493.09$267
May 201791145.373.26$444
Apr 201711947.933.21$556
Mar 2017101446.772.98$509
Feb 20179850.452.95$478
Jan 2017211249.413.42$1,079
Dec 201681948.763.72$461
Nov 2016101142.492.64$454
Oct 20161725446.193.09$1,570
Sep 20161323041.553.10$1,253
Aug 2016926741.442.92$1,154
Jul 2016726341.622.92$1,060
Jun 2016629445.352.69$1,062
May 20161339642.521.99$1,341
Apr 20162889636.561.99$2,808
Mar 20165642033.011.79$2,602
Feb 20169942226.472.06$3,491
Jan 20165517027.352.36$1,906
Dec 20157739832.362.00$3,288
Nov 20157328938.792.17$3,458
Oct 20157517743.552.43$3,696
Sep 20153444642.992.76$2,692
Aug 2015285,83840.162.87$17,894
Jul 2015426,02148.152.95$19,755
Jun 2015632,50956.152.88$10,771
May 2015952,28955.212.96$12,010
Apr 20155776349.822.71$4,905
Mar 20152232342.892.93$1,891
Feb 201521224044.662.98$10,182
Jan 2015020143.433.10$623
Dec 20142071,62854.693.59$17,168
Nov 20144101,62870.464.25$35,811
Oct 201401,62778.303.90$6,347
Sep 2014054786.164.05$2,213
Aug 20141932,72089.394.04$28,228
Jul 201439411,25996.564.18$85,103
Jun 20141923198.164.74$18,994
May 201419231994.734.73$19,696
Apr 20143781,55395.944.81$43,734
Mar 20143111,77795.895.06$38,808
Feb 20144008,88897.406.19$93,995
Jan 20145971,88390.404.86$63,122
Dec 201357542791.824.35$54,656
Nov 201315916888.853.74$14,755
Oct 20131271,60497.423.78$18,434
Sep 2013177148104.113.72$18,978
Aug 20133381,782104.253.52$41,514
Jul 20133941,802102.523.72$47,092
Jun 20135671,70594.403.93$60,231
May 20135861,87094.834.15$63,329
Apr 20135071,79193.964.28$55,308
Mar 20135761,84393.623.91$61,137
Feb 20137206,60191.233.42$88,260
Jan 201394326,06091.603.42$175,502
Dec 201205,77286.773.42$19,741
Nov 20121981,10186.953.62$21,207
Oct 20121851,92189.383.40$23,066
Sep 20125571,55394.672.92$57,263
Aug 20121932,54592.662.91$25,285
Jul 201255811,25985.133.02$81,514
Jun 20128381,55379.822.52$70,801
May 20126673,60691.612.49$70,077
Apr 201206,243101.652.00$12,466
Mar 201274611,648105.052.22$104,250
Feb 201237311,425101.102.57$67,075
Jan 201269410,67398.092.73$97,255
Dec 201193410,21596.873.24$123,571
Nov 201190411,37595.723.31$124,197
Oct 20111,53214,13284.983.65$181,751
Sep 201169120,60783.623.99$139,917
Aug 20111,25223,43483.404.15$201,652
Jul 20111,24322,13994.144.52$217,023
Jun 20111,64625,96892.904.64$273,402
May 20113,23535,68298.134.40$474,623
Apr 20113,44135,038105.964.33$516,438
Mar 20117,56461,32796.364.06$977,692
Feb 20116941,57685.644.18$66,022
Jan 2011037686.504.59$1,725
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.

Dec 2017 — as filed, then multipliedworked
Condensate            14 bbl  × $ 57.27 =       $802
Gas                  101 Mcf  × $  2.92 =       $295

────────────────────────────────────────────────────
Month total                                   $1,097

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/265064 is the state's own key, not one this site invented.