MATKIN SUGARKANE UNIT 1

Operated by BPX OPERATING COMPANY (P-5 85408) 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 266698District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Nov 2012 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
163
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 Gas112014-07-25212974
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
CondensateDisposition345 bbl$22,135
GasProduction2,802,727 Mcf$10,801,359
Total$10,823,494

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 28.3909, -98.2882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.39088, -98.28823 · 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
14,358 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 14,358 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-297352191H14,358 ftMar 2013

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 (163)

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

163 months

May 202603,291106.413.05$10,024
Apr 202603,34298.932.87$9,591
Mar 202604,04489.753.15$12,736
Feb 202601,30763.503.75$4,902
Jan 202602559.138.00$200
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 202504,08966.483.13$12,793
May 202504,50060.553.23$14,545
Apr 202504,34162.363.54$15,381
Mar 202505,66967.704.27$24,197
Feb 202505,40870.884.34$23,475
Jan 202505,40974.324.28$23,143
Dec 202405,75568.993.12$17,963
Nov 202406,28269.052.20$13,811
Oct 202406,81171.372.28$15,539
Sep 20240069.612.36$0
Aug 202403,85575.632.06$7,955
Jul 202405,53779.932.15$11,886
Jun 202404,36078.082.63$11,484
May 202405,08978.812.20$11,188
Apr 202407,37284.451.66$12,232
Mar 202406,73280.301.55$10,402
Feb 202405,97476.091.78$10,655
Jan 202405,06873.023.30$16,713
Dec 202304,89371.262.61$12,774
Nov 202305,72977.892.81$16,085
Oct 2023054385.443.09$1,676
Sep 202301,51289.042.74$4,135
Aug 202305,71780.522.67$15,281
Jul 202305,88774.852.64$15,552
Jun 202305,86568.962.26$13,246
May 202306,17370.622.23$13,750
Apr 202306,24578.122.24$13,975
Mar 202306,51372.852.39$15,587
Feb 202305,91275.112.47$14,577
Jan 202306,50376.533.39$22,030
Dec 202206,68376.415.73$38,287
Nov 202206,59785.005.65$37,248
Oct 202207,20187.185.86$42,225
Sep 202206,82984.888.16$55,750
Aug 202207,06794.529.13$64,502
Jul 202207,217101.587.54$54,431
Jun 202206,655115.097.98$53,088
May 202208,432109.378.43$71,107
Apr 202204,074104.226.84$27,856
Mar 202205,981108.885.08$30,362
Feb 202206,71791.054.86$32,637
Jan 202207,17181.844.54$32,540
Dec 202108,34571.323.90$32,538
Nov 202107,03477.435.24$36,836
Oct 202107,65679.795.71$43,745
Sep 202107,78869.865.35$41,673
Aug 202107,72466.024.22$32,600
Jul 202107,14370.783.98$28,444
Jun 202107,36969.493.38$24,912
May 202178,45863.483.02$25,968
Apr 202109,99560.362.76$27,570
Mar 202105,92261.302.72$16,090
Feb 202103,74657.805.55$20,783
Jan 202106,48950.412.81$18,236
Dec 202009,44844.642.68$25,278
Nov 2020610,05738.772.71$27,453
Oct 202008,99236.972.48$22,286
Sep 202009,45237.091.99$18,819
Aug 202008,60839.982.39$20,531
Jul 202009,63438.371.83$17,583
Jun 202007,24934.901.69$12,253
May 202009,85316.921.81$17,881
Apr 202009,66814.751.80$17,445
Mar 202007,68830.341.86$14,271
Feb 202008,23249.881.98$16,305
Jan 202009,93857.252.09$20,818
Dec 201909,80059.012.30$22,583
Nov 201907,91255.302.75$21,764
Oct 201905,22253.472.42$12,630
Sep 201904,69755.052.66$12,481
Aug 2019928,77753.112.30$25,111
Jul 2019010,67656.272.46$26,264
Jun 201909,12852.782.49$22,740
May 2019011,61258.482.74$31,821
Apr 2019011,44762.632.75$31,487
Mar 2019010,07756.803.06$30,857
Feb 2019010,75050.852.79$30,016
Jan 2019013,41146.033.23$43,293
Dec 2018011,57046.594.19$48,426
Nov 2018013,64652.934.24$57,821
Oct 2018015,24961.443.40$51,817
Sep 2018014,60459.543.11$45,389
Aug 201807,43659.403.07$22,803
Jul 201806,49865.142.93$19,051
Jun 201818,40960.183.08$25,934
May 2018011,44765.382.90$33,205
Apr 2018013,58063.842.90$39,393
Mar 2018015,65061.222.79$43,614
Feb 2018217,71561.782.77$49,125
Jan 2018957,38962.874.01$35,598
Dec 2017014,54257.272.92$42,485
Nov 2017010,63955.423.12$33,176
Oct 2017015,56849.292.98$46,450
Sep 2017017,18747.523.09$53,061
Aug 2017011,24045.373.00$33,769
Jul 2017014,13043.873.09$43,623
Jun 2017016,64042.493.09$51,372
May 2017017,25445.373.26$56,307
Apr 2017012,46247.933.21$40,023
Mar 2017116,55646.772.98$49,445
Feb 2017115,55550.452.95$45,978
Jan 2017318,00949.413.42$61,717
Dec 2016116,94648.763.72$63,136
Nov 2016119,07342.492.64$50,478
Oct 2016019,40446.193.09$59,963
Sep 2016019,29341.553.10$59,820
Aug 2016121,69341.442.92$63,479
Jul 2016323,21041.622.92$67,999
Jun 2016227,11845.352.69$72,925
May 2016219,07342.521.99$38,060
Apr 2016018,84736.561.99$37,525
Mar 2016020,27933.011.79$36,381
Feb 2016018,46526.472.06$38,105
Jan 2016020,07727.352.36$47,469
Dec 2015024,09232.362.00$48,218
Nov 2015422,69338.792.17$49,338
Oct 2015423,38343.552.43$56,915
Sep 2015026,15042.992.76$72,133
Aug 2015027,75240.162.87$79,717
Jul 2015129,88048.152.95$88,047
Jun 2015226,89756.152.88$77,653
May 2015331,10255.212.96$92,086
Apr 20150049.822.71$0
Mar 2015734,34842.892.93$101,102
Feb 2015333,09944.662.98$98,643
Jan 2015738,80943.433.10$120,636
Dec 2014542,18254.693.59$151,764
Nov 2014744,60670.464.25$190,151
Oct 2014444,84678.303.90$175,256
Sep 2014944,20786.164.05$179,612
Aug 2014657,19589.394.04$231,325
Jul 2014062,93096.564.18$263,022
Jun 2014069,62198.164.74$329,786
May 2014086,68494.734.73$409,717
Apr 20140102,96495.944.81$495,166
Mar 20140129,29695.895.06$653,824
Feb 20143151,43097.406.19$937,947
Jan 201427217,89690.404.86$1,061,572
Dec 201333241,79191.824.35$1,055,904
Nov 2013039,54588.853.74$147,830
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013217,40493.964.28$74,722
Mar 201309,09993.623.91$35,603
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$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             0 bbl  × $106.41 =         $0
Gas                3,291 Mcf  × $  3.05 =    $10,024

────────────────────────────────────────────────────
Month total                                  $10,024

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/266698 is the state's own key, not one this site invented.