SCHMIDT FAMILY 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 266034District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Jun 2012 – May 2026
Value, last 12 filed months
$242 k
at the published price for each month
Months reported
168
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 Gas112013-07-26208745
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
CondensateDisposition84,187 bbl$6,444,137
GasProduction1,783,305 Mcf$6,241,550
Total$12,685,688

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 28.6308, -98.0899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63076, -98.08986 · 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
12,920 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 12,920 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-2973512401H12,920 ftJun 2012

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 (168)

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

168 months

May 20261603,137106.413.05$26,580
Apr 20261432,83398.932.87$22,277
Mar 2026963,50189.753.15$19,642
Feb 2026773,15063.503.75$16,703
Jan 2026343,69259.138.00$31,539
Dec 2025413,13056.664.41$16,137
Nov 2025763,52958.593.93$18,309
Oct 2025743,73759.383.30$16,744
Sep 20251063,76162.743.08$18,223
Aug 20251414,54163.933.01$22,704
Jul 2025782,52966.743.32$13,590
Jun 20251273,45966.483.13$19,265
May 20251153,31860.553.23$17,688
Apr 20251263,02662.363.54$18,579
Mar 20251273,52167.704.27$23,627
Feb 20251073,73470.884.34$23,793
Jan 2025873,84474.324.28$22,913
Dec 20241403,62668.993.12$20,977
Nov 20241053,35569.052.20$14,626
Oct 20241323,83871.372.28$18,177
Sep 20241433,98869.612.36$19,383
Aug 20241895,02475.632.06$24,662
Jul 20244566879.932.15$5,031
Jun 20241764,51878.082.63$25,642
May 20241795,51578.812.20$26,231
Apr 2024521,46084.451.66$6,814
Mar 20241274,30080.301.55$16,842
Feb 20241183,32576.091.78$14,909
Jan 2024882,98373.023.30$16,263
Dec 2023503,71271.262.61$13,254
Nov 2023613,65777.892.81$15,019
Oct 2023354,18385.443.09$15,904
Sep 202305,10889.042.74$13,971
Aug 2023664,93980.522.67$18,516
Jul 202372,95374.852.64$8,325
Jun 202303,90368.962.26$8,815
May 2023627770.622.23$1,041
Apr 2023057078.122.24$1,276
Mar 202304,97472.852.39$11,904
Feb 20231044,22975.112.47$18,239
Jan 20232185,93176.533.39$36,776
Dec 20221445,08376.415.73$40,124
Nov 20221664,31485.005.65$38,468
Oct 20223087,33487.185.86$69,856
Sep 20223758,72084.888.16$103,017
Aug 20221021994.529.13$2,944
Jul 202254965101.587.54$12,763
Jun 2022461,351115.097.98$16,071
May 2022702,055109.378.43$24,986
Apr 2022821,920104.226.84$21,674
Mar 20221232,947108.885.08$28,352
Feb 20221052,52291.054.86$21,814
Jan 20221112,70981.844.54$21,377
Dec 20211313,08671.323.90$21,376
Nov 2021842,71377.435.24$20,712
Oct 2021953,34479.795.71$26,687
Sep 20211424,09669.865.35$31,837
Aug 20211464,51966.024.22$28,712
Jul 20211634,63270.783.98$29,982
Jun 20211665,19269.493.38$29,088
May 20211805,55863.483.02$28,199
Apr 20211764,85860.362.76$24,024
Mar 20211916,16261.302.72$28,450
Feb 20211433,85557.805.55$29,653
Jan 20212054,59450.412.81$23,244
Dec 20202455,93844.642.68$26,824
Nov 20201844,38638.772.71$19,005
Oct 20202015,40336.972.48$20,822
Sep 20201615,22937.091.99$16,383
Aug 20201645,41239.982.39$19,465
Jul 20201655,33838.371.83$16,074
Jun 20201695,49534.901.69$15,186
May 20201625,02916.921.81$11,867
Apr 20201685,72514.751.80$12,808
Mar 20201484,69230.341.86$13,200
Feb 20201484,96949.881.98$17,224
Jan 20201625,46757.252.09$20,726
Dec 20191575,50659.012.30$21,952
Nov 20191425,67555.302.75$23,463
Oct 20191175,09453.472.42$18,576
Sep 20191465,44955.052.66$22,517
Aug 2019985,38153.112.30$17,605
Jul 20191035,42156.272.46$19,132
Jun 20191426,07352.782.49$22,624
May 20191197,04158.482.74$26,254
Apr 20191656,85262.632.75$29,182
Mar 20191777,11856.803.06$31,850
Feb 20191866,50150.852.79$27,610
Jan 20192417,24046.033.23$34,465
Dec 20182087,43446.594.19$40,805
Nov 20181827,13552.934.24$39,866
Oct 20182097,65761.443.40$38,860
Sep 20181867,53159.543.11$34,481
Aug 20181997,88059.403.07$35,985
Jul 20181977,99665.142.93$36,276
Jun 20182007,94160.183.08$36,470
May 20182828,41065.382.90$42,833
Apr 20182918,32063.842.90$42,712
Mar 20183218,35661.222.79$42,938
Feb 20182897,83461.782.77$39,524
Jan 20183098,99662.874.01$55,495
Dec 20173239,03457.272.92$44,891
Nov 20172958,79255.423.12$43,766
Oct 20173399,60349.292.98$45,362
Sep 20173279,22747.523.09$44,025
Aug 20174098,92345.373.00$45,365
Jul 20174429,66943.873.09$49,241
Jun 20175629,86642.493.09$54,338
May 201752010,56345.373.26$58,064
Apr 201753910,68347.933.21$60,144
Mar 201746011,13346.772.98$54,732
Feb 20174609,55750.452.95$51,425
Jan 201738610,04649.413.42$53,418
Dec 201638910,80448.763.72$59,189
Nov 201636810,66742.492.64$43,844
Oct 201639511,48846.193.09$53,746
Sep 201641512,02041.553.10$54,513
Aug 201646413,47141.442.92$58,622
Jul 201645811,84841.622.92$53,710
Jun 201644112,71645.352.69$54,152
May 201651313,88542.521.99$49,458
Apr 201654314,22136.561.99$48,167
Mar 201665816,34633.011.79$51,045
Feb 201675316,12426.472.06$53,206
Jan 201656112,78627.352.36$45,574
Dec 201557013,33032.362.00$45,124
Nov 201558113,55238.792.17$51,909
Oct 201567415,14443.552.43$66,101
Sep 201565414,87842.992.76$69,155
Aug 201574316,22840.162.87$76,454
Jul 201574117,04648.152.95$85,881
Jun 201578217,38756.152.88$94,034
May 201584717,63055.212.96$98,867
Apr 201586317,55849.822.71$90,517
Mar 201595919,50142.892.93$98,361
Feb 201584616,86544.662.98$87,976
Jan 201591018,51143.433.10$96,917
Dec 201491018,47054.693.59$116,100
Nov 201490419,30270.464.25$145,765
Oct 201496320,85178.303.90$156,742
Sep 20141,10821,67286.164.05$183,138
Aug 20141,38321,95289.394.04$212,205
Jul 20141,40722,46496.564.18$229,750
Jun 20141,32321,74698.164.74$232,874
May 20141,38124,04894.734.73$244,486
Apr 20141,46124,51195.944.81$258,045
Mar 20141,54127,32395.895.06$285,933
Feb 20141,46825,88397.406.19$303,251
Jan 20141,66129,21590.404.86$292,160
Dec 20131,80333,17191.824.35$309,994
Nov 20131,93035,97388.853.74$305,958
Oct 20132,10837,83797.423.78$348,361
Sep 20132,14738,011104.113.72$364,839
Aug 20132,42038,240104.253.52$386,990
Jul 20132,34539,228102.523.72$386,249
Jun 20132,45839,71994.403.93$388,266
May 20134,03943,97994.834.15$565,491
Apr 20132,01832,76593.964.28$329,930
Mar 20133,68858,88893.623.91$575,692
Feb 20133,66561,27891.233.42$543,923
Jan 20135,61995,29791.603.42$840,608
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201233210,23079.822.52$52,270

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           160 bbl  × $106.41 =    $17,026
Gas                3,137 Mcf  × $  3.05 =     $9,555

────────────────────────────────────────────────────
Month total                                  $26,580

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/266034 is the state's own key, not one this site invented.