CHOATE 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 266115District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$38.2 M
Nov 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
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 Gas112013-03-21209126
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
CondensateDisposition406,715 bbl$35,006,681
GasProduction1,017,454 Mcf$3,225,466
Total$38,232,148

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 28.8895, -97.7746. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88947, -97.77458 · 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
12,973 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 12,973 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-2553195701H12,973 ftNov 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 (175)

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

175 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025281167.704.27$1,943
Feb 20256270.884.34$434
Jan 2025852474.324.28$6,420
Dec 202422568.993.12$1,533
Nov 20245169.052.20$347
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024271984.451.66$2,312
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20242712973.023.30$2,397
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230389.042.74$8
Aug 20230680.522.67$16
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202332,12575.112.47$5,465
Jan 20239825376.533.39$8,357
Dec 202210022476.415.73$8,924
Nov 20229924785.005.65$9,810
Oct 202210346787.185.86$11,718
Sep 202210946784.888.16$13,064
Aug 202211354594.529.13$15,655
Jul 2022107587101.587.54$15,296
Jun 202297650115.097.98$16,349
May 202291597109.378.43$14,987
Apr 2022123578104.226.84$16,771
Mar 2022130569108.885.08$17,043
Feb 202211851091.054.86$13,222
Jan 202215767081.844.54$15,889
Dec 202115695471.323.90$14,846
Nov 202130677.435.24$2,354
Oct 202110764379.795.71$12,212
Sep 202110759969.865.35$10,680
Aug 202116263266.024.22$13,363
Jul 202113473370.783.98$12,403
Jun 202113964669.493.38$11,843
May 202112260663.483.02$9,573
Apr 202114959260.362.76$10,627
Mar 202116559061.302.72$11,717
Feb 202112660457.805.55$10,634
Jan 202117257650.412.81$10,289
Dec 202017256444.642.68$9,187
Nov 202017786938.772.71$9,214
Oct 202016979236.972.48$8,211
Sep 202018998837.091.99$8,977
Aug 20202101,24939.982.39$11,375
Jul 202013013838.371.83$5,240
Jun 202014246434.901.69$5,740
May 202018176016.921.81$4,442
Apr 202017766114.751.80$3,803
Mar 20202221,18230.341.86$8,930
Feb 202024052449.881.98$13,009
Jan 20200057.252.09$0
Dec 201991059.012.30$554
Nov 20191073855.302.75$6,022
Oct 2019551553.472.42$2,977
Sep 20191491,22455.052.66$11,455
Aug 201915371053.112.30$9,762
Jul 201913085656.272.46$9,421
Jun 20197861252.782.49$5,641
May 201917387858.482.74$12,523
Apr 201929344362.632.75$19,569
Mar 20193121,21656.803.06$21,445
Feb 20192781,03650.852.79$17,029
Jan 20193661,17746.033.23$20,647
Dec 20183311,20846.594.19$20,477
Nov 20182351,38352.934.24$18,299
Oct 20183582,37861.443.40$30,076
Sep 20185003,35759.543.11$40,204
Aug 20181651,14859.403.07$13,321
Jul 20184361,45465.142.93$32,664
Jun 20189135,07760.183.08$70,566
May 20181,1729,97865.382.90$105,570
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017345643.873.09$1,664
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20171115549.413.42$5,673
Dec 20160648.763.72$22
Nov 2016672642.492.64$2,916
Oct 20160046.193.09$0
Sep 20161543441.553.10$6,504
Aug 2016493341.442.92$2,127
Jul 201653741.622.92$2,226
Jun 2016733545.352.69$3,405
May 201640582242.521.99$18,857
Apr 20162,7923,77436.561.99$109,590
Mar 20162,1174,24433.011.79$77,496
Feb 20162,9968,37326.472.06$96,583
Jan 20164,7639,09227.352.36$151,765
Dec 20153,71010,42332.362.00$140,916
Nov 20154,86413,76638.792.17$218,510
Oct 20155,28115,74843.552.43$268,201
Sep 20155,90417,83042.992.76$302,996
Aug 20155,76817,29540.162.87$281,323
Jul 20154,50913,29348.152.95$256,257
Jun 20154,44813,04156.152.88$287,351
May 20152,7857,99955.212.96$177,400
Apr 20152,9287,73549.822.71$166,808
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20151,0842,97643.433.10$56,306
Dec 20142,6106,37454.693.59$165,632
Nov 20142,7656,38470.464.25$221,966
Oct 20143,1027,38578.303.90$271,695
Sep 20143,3677,73786.164.05$321,400
Aug 20143,5827,72689.394.04$351,370
Jul 20144,7379,69796.564.18$497,934
Jun 20140098.164.74$0
May 20143,2869,10994.734.73$354,337
Apr 20144,33011,82595.944.81$472,288
Mar 20144,40611,62795.895.06$481,287
Feb 20144,43312,18697.406.19$507,230
Jan 20145,23714,72690.404.86$545,004
Dec 20134,81712,45991.824.35$496,549
Nov 20134,97813,14088.853.74$491,416
Oct 20135,53615,26797.423.78$597,017
Sep 20135,61815,445104.113.72$642,310
Aug 20136,26717,191104.253.52$713,892
Jul 20135,96815,949102.523.72$671,134
Jun 20135,70115,42594.403.93$598,847
May 20136,19516,11894.834.15$654,347
Apr 20138,09220,39393.964.28$847,659
Mar 20136,30214,58693.623.91$647,066
Feb 20132,2355,68491.233.42$223,338
Jan 20139,11023,77191.603.42$915,771
Dec 20129,98123,50586.773.42$946,442
Nov 201210,24422,01586.953.62$970,519
Oct 201211,01724,32189.383.40$1,067,383
Sep 201211,15124,88894.672.92$1,128,298
Aug 201211,80026,87392.662.91$1,171,539
Jul 201216,87041,11785.133.02$1,560,349
Jun 201214,45133,56379.822.52$1,238,025
May 201216,10637,59391.612.49$1,569,014
Apr 201218,37743,331101.652.00$1,954,545
Mar 201221,82951,247105.052.22$2,407,011
Feb 201223,41556,584101.102.57$2,512,691
Jan 201228,45565,54398.092.73$2,970,351
Dec 201133,48468,15096.873.24$3,464,383
Nov 20115273,59895.723.31$62,358

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.

Mar 2025 — as filed, then multipliedworked
Condensate            28 bbl  × $ 67.70 =     $1,896
Gas                   11 Mcf  × $  4.27 =        $47

────────────────────────────────────────────────────
Month total                                   $1,943

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/266115 is the state's own key, not one this site invented.