PMT 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 265354District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Apr 2011 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
182
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 Gas112012-12-20207985
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
CondensateDisposition74,021 bbl$5,677,340
GasProduction2,204,904 Mcf$7,825,278
Total$13,502,618

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 28.7181, -97.9711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71807, -97.97106 · 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
12,849 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 12,849 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-255317971H12,849 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 (182)

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

182 months

May 2026862,833106.413.05$17,780
Apr 20261098.932.87$99
Mar 20261926289.753.15$2,530
Feb 20261234,04063.503.75$22,962
Jan 2026813,01059.138.00$28,863
Dec 2025562,33556.664.41$13,478
Nov 2025792,18758.593.93$13,216
Oct 202514359.383.30$841
Sep 20253394562.743.08$4,978
Aug 20251103,34163.933.01$17,105
Jul 2025994,60166.743.32$21,861
Jun 2025502,42266.483.13$10,902
May 20251192,57760.553.23$15,535
Apr 2025895,33762.363.54$24,460
Mar 2025554,45167.704.27$22,722
Feb 20251351,72770.884.34$17,065
Jan 2025551,32074.324.28$9,735
Dec 2024211,31568.993.12$5,553
Nov 2024404,39569.052.20$12,424
Oct 2024204,67871.372.28$12,100
Sep 2024364,84569.612.36$13,961
Aug 2024205,67475.632.06$13,222
Jul 20245533379.932.15$5,111
Jun 20241614,86278.082.63$25,377
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20241622980.301.55$1,639
Feb 2024143,11776.091.78$6,625
Jan 20242021,56373.023.30$19,904
Dec 2023825971.262.61$1,246
Nov 20233365577.892.81$4,409
Oct 2023262,38385.443.09$9,578
Sep 2023604,55789.042.74$17,806
Aug 20231,4633,25580.522.67$126,501
Jul 20231,18173474.852.64$90,337
Jun 20231,31665768.962.26$92,235
May 20231,22166770.622.23$87,713
Apr 20237323478.122.24$6,226
Mar 202386854172.852.39$64,529
Feb 202374257475.112.47$57,147
Jan 202367458076.533.39$53,546
Dec 202268369276.415.73$56,153
Nov 20221481,52385.005.65$21,179
Oct 20221,7095,63987.185.86$182,056
Sep 20221,4405,44484.888.16$166,670
Aug 20222285,09894.529.13$68,081
Jul 20221346101.587.54$2,711
Jun 202222,549115.097.98$20,564
May 2022815,517109.378.43$55,384
Apr 202220128104.226.84$2,960
Mar 202225294108.885.08$4,214
Feb 20221101,34391.054.86$16,541
Jan 2022912,21281.844.54$17,485
Dec 20212054,21271.323.90$31,044
Nov 20212394,20177.435.24$40,506
Oct 20212575,77279.795.71$53,486
Sep 20212296,04769.865.35$48,355
Aug 20212365,57866.024.22$39,123
Jul 20211251,27170.783.98$13,909
Jun 2021896,66369.493.38$28,710
May 2021267,67963.483.02$24,823
Apr 2021446,62060.362.76$20,917
Mar 2021934,59661.302.72$18,188
Feb 202182,42057.805.55$13,888
Jan 20211648,03750.412.81$30,853
Dec 202013574344.642.68$8,014
Nov 2020211,21738.772.71$4,108
Oct 20201664,31236.972.48$16,824
Sep 2020626,45137.091.99$15,144
Aug 2020598,02039.982.39$21,487
Jul 2020506,54438.371.83$13,862
Jun 20201217,31334.901.69$16,584
May 20209868,06016.921.81$31,310
Apr 2020585,77414.751.80$11,274
Mar 20203555,98530.341.86$21,880
Feb 20203366,32849.881.98$29,293
Jan 20201443,84357.252.09$16,294
Dec 20191185,01159.012.30$18,510
Nov 20192228,12655.302.75$34,629
Oct 201926611,03953.472.42$40,921
Sep 201932712,34655.052.66$50,808
Aug 20190053.112.30$0
Jul 20191056.272.46$56
Jun 2019733,90852.782.49$13,589
May 20191827,27158.482.74$30,568
Apr 2019602,43262.632.75$10,448
Mar 20195556.803.06$299
Feb 20191377,00650.852.79$26,529
Jan 20191352,26046.033.23$13,510
Dec 201833410,11246.594.19$57,884
Nov 20183079,59452.934.24$56,902
Oct 201825510,72561.443.40$52,112
Sep 201840110,40859.543.11$56,224
Aug 201863312,92359.403.07$77,229
Jul 201841716,95565.142.93$76,873
Jun 20181945,14260.183.08$27,496
May 20181406,87165.382.90$29,085
Apr 201841112,28463.842.90$61,872
Mar 2018978,39461.222.79$29,331
Feb 20181405,42461.782.77$23,653
Jan 20181795,84162.874.01$34,672
Dec 20170057.272.92$0
Nov 201749555.423.12$518
Oct 20172203,06249.292.98$19,980
Sep 2017804,35347.523.09$17,241
Aug 20171865,45245.373.00$24,819
Jul 20172052,20443.873.09$15,798
Jun 20174734,85842.493.09$35,096
May 20177476,56345.373.26$55,309
Apr 20177455,98647.933.21$54,932
Mar 20176236,04746.772.98$47,180
Feb 20177546,98450.452.95$58,660
Jan 20174075,13849.413.42$37,676
Dec 20164238,01948.763.72$50,479
Nov 20163415,02042.492.64$27,764
Oct 20164895,49946.193.09$39,580
Sep 20161894,47541.553.10$21,728
Aug 20163793,49941.442.92$25,938
Jul 20163955,96441.622.92$33,881
Jun 20163197,12445.352.69$33,601
May 20162424,74342.521.99$19,733
Apr 20164786,87636.561.99$31,166
Mar 20165006,79333.011.79$28,692
Feb 20164718,84026.472.06$30,710
Jan 20163709,14727.352.36$31,746
Dec 20153659,77332.362.00$31,371
Nov 20151208,46138.792.17$22,993
Oct 201526711,82043.552.43$40,310
Sep 20152507,03042.992.76$30,139
Aug 2015524,10340.162.87$13,874
Jul 20152237,81348.152.95$33,747
Jun 20152609,44756.152.88$41,833
May 20152669,58155.212.96$43,002
Apr 201528610,14849.822.71$41,715
Mar 20153238,45942.892.93$38,678
Feb 201534911,98644.662.98$51,259
Jan 20152999,60043.433.10$42,752
Dec 201429412,53854.693.59$61,107
Nov 201435715,65670.464.25$91,721
Oct 201429710,49878.303.90$64,207
Sep 201433315,74586.164.05$92,387
Aug 201439517,55489.394.04$106,142
Jul 201439316,29896.564.18$106,067
Jun 201440417,84798.164.74$124,196
May 201417117,43694.734.73$98,611
Apr 201438920,70595.944.81$136,893
Mar 201454318,86395.895.06$147,455
Feb 201459611,38897.406.19$128,565
Jan 201476113,59590.404.86$134,876
Dec 201340416,62491.824.35$109,484
Nov 201355515,65188.853.74$107,820
Oct 201340113,68497.423.78$90,782
Sep 201329416,948104.113.72$93,617
Aug 201391324,591104.253.52$181,805
Jul 20131,38128,053102.523.72$245,874
Jun 201364518,02594.403.93$131,788
May 201395520,98394.834.15$177,623
Apr 201368810,98393.964.28$111,680
Mar 201330123,28493.623.91$119,287
Feb 201388021,91691.233.42$155,233
Jan 201355629,45191.603.42$151,649
Dec 201256450,05486.773.42$220,131
Nov 201235833,66086.953.62$153,144
Oct 201270118,63489.383.40$126,005
Sep 201246742,87994.672.92$169,349
Aug 201235949,34692.662.91$176,771
Jul 201291435,00585.133.02$183,552
Jun 20121,31137,82479.822.52$199,924
May 201254636,18891.612.49$140,066
Apr 201292241,037101.652.00$175,664
Mar 20121,09836,657105.052.22$196,800
Feb 201289742,325101.102.57$199,472
Jan 20121,28948,91698.092.73$260,178
Dec 201172256,49596.873.24$252,969
Nov 20111,06641,49495.723.31$239,436
Oct 20112,21953,83684.983.65$384,993
Sep 20111,46180,79783.623.99$444,210
Aug 20112,13599,77983.404.15$592,074
Jul 20112,496108,73394.144.52$726,147
Jun 20113,155116,19892.904.64$832,244
May 20113,10191,72398.134.40$708,324
Apr 201100105.964.33$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            86 bbl  × $106.41 =     $9,151
Gas                2,833 Mcf  × $  3.05 =     $8,629

────────────────────────────────────────────────────
Month total                                  $17,780

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/265354 is the state's own key, not one this site invented.