POSTEL 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 267757District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Mar 2012 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
171
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 Gas112013-05-31210094
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
CondensateDisposition23,304 bbl$1,795,351
GasProduction1,388,487 Mcf$4,811,902
Total$6,607,253

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 28.6799, -98.0014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67986, -98.00141 · 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
12,896 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 12,896 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-0253379701H12,896 ftMar 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 (171)

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

171 months

May 202621106.413.05$216
Apr 2026136598.932.87$1,473
Mar 2026172,41889.753.15$9,141
Feb 20260063.503.75$0
Jan 202601359.138.00$104
Dec 202528856.664.41$502
Nov 2025211258.593.93$557
Oct 202502659.383.30$86
Sep 2025382,43462.743.08$9,873
Aug 2025522,48563.933.01$10,816
Jul 2025502,51466.743.32$11,671
Jun 202542,37366.483.13$7,690
May 202542,38060.553.23$7,935
Apr 2025242,33062.363.54$9,752
Mar 2025382,51467.704.27$13,303
Feb 2025322,31570.884.34$12,317
Jan 2025282,54674.324.28$12,974
Dec 2024572,69368.993.12$12,338
Nov 2024223,43869.052.20$9,077
Oct 2024172,71671.372.28$7,410
Sep 2024115769.612.36$441
Aug 2024936575.632.06$1,434
Jul 2024371,79679.932.15$6,813
Jun 2024172,18078.082.63$7,069
May 2024322,45678.812.20$7,921
Apr 2024392,40884.451.66$7,289
Mar 2024422,66080.301.55$7,483
Feb 20241092,50176.091.78$12,755
Jan 20241292,75073.023.30$18,488
Dec 2023242,61971.262.61$8,548
Nov 2023462,78477.892.81$11,399
Oct 2023363,03285.443.09$12,436
Sep 2023172,62989.042.74$8,704
Aug 202372,87580.522.67$8,248
Jul 202333,24774.852.64$8,802
Jun 202302,94768.962.26$6,656
May 2023613,13970.622.23$11,300
Apr 2023153,02978.122.24$7,950
Mar 2023553,43072.852.39$12,215
Feb 2023583,29075.112.47$12,468
Jan 2023315,09676.533.39$19,636
Dec 202215514076.415.73$12,646
Nov 2022413,62785.005.65$23,964
Oct 2022372,89387.185.86$20,190
Sep 2022353,09384.888.16$28,221
Aug 20223890794.529.13$11,870
Jul 2022403,086101.587.54$27,338
Jun 2022813,046115.097.98$33,621
May 2022423,204109.378.43$31,613
Apr 2022453,193104.226.84$26,522
Mar 2022513,121108.885.08$21,396
Feb 2022542,78691.054.86$18,453
Jan 2022583,41081.844.54$20,220
Dec 2021484,17671.323.90$19,706
Nov 2021482,12777.435.24$14,855
Oct 2021473,23279.795.71$22,217
Sep 2021123,29569.865.35$18,470
Aug 2021603,53766.024.22$18,889
Jul 2021413,27270.783.98$15,931
Jun 2021413,79969.493.38$15,692
May 2021323,19263.483.02$11,664
Apr 2021362,55760.362.76$9,226
Mar 2021413,89561.302.72$13,096
Feb 2021422,91957.805.55$18,622
Jan 2021403,55850.412.81$12,015
Dec 202003,63244.642.68$9,717
Nov 2020373,71238.772.71$11,481
Oct 2020383,97236.972.48$11,249
Sep 2020954,11237.091.99$11,711
Aug 2020304,40939.982.39$11,715
Jul 2020294,82438.371.83$9,917
Jun 2020593,90134.901.69$8,653
May 2020195,95016.921.81$11,119
Apr 2020202,58814.751.80$4,965
Mar 2020534,30030.341.86$9,590
Feb 2020614,75549.881.98$12,461
Jan 20201894,15057.252.09$19,513
Dec 20192023,32359.012.30$19,577
Nov 2019154,58155.302.75$13,430
Oct 2019223,86653.472.42$10,526
Sep 201984,21155.052.66$11,630
Aug 2019193,95553.112.30$10,123
Jul 2019345,19156.272.46$14,683
Jun 2019304,98052.782.49$13,990
May 2019525,08658.482.74$16,978
Apr 2019875,01362.632.75$19,238
Mar 2019595,24156.803.06$19,400
Feb 2019424,64450.852.79$15,103
Jan 2019565,34746.033.23$19,839
Dec 2018485,31046.594.19$24,461
Nov 2018555,32052.934.24$25,453
Oct 2018705,40561.443.40$22,667
Sep 2018825,47159.543.11$21,886
Aug 2018735,65459.403.07$21,675
Jul 20182315,47365.142.93$31,094
Jun 2018165,49360.183.08$17,864
May 20181295,89265.382.90$25,526
Apr 20181085,74263.842.90$23,551
Mar 2018995,83961.222.79$22,333
Feb 2018915,33661.782.77$20,382
Jan 20181655,85662.874.01$33,852
Dec 20171126,06757.272.92$24,139
Nov 20171665,97055.423.12$27,816
Oct 2017886,32449.292.98$23,206
Sep 20171376,58247.523.09$26,831
Aug 2017774,70245.373.00$17,620
Jul 20171065,42143.873.09$21,386
Jun 20171487,13942.493.09$28,329
May 20171608,04245.373.26$33,503
Apr 20171858,26447.933.21$35,408
Mar 2017523,05046.772.98$11,532
Feb 20171357,36150.452.95$28,545
Jan 20171296,85049.413.42$29,793
Dec 20161358,07848.763.72$36,656
Nov 20161238,04442.492.64$26,497
Oct 20161328,30046.193.09$31,746
Sep 20161138,55141.553.10$31,209
Aug 20161279,19041.442.92$32,138
Jul 20161349,63041.622.92$33,738
Jun 20161469,81645.352.69$32,985
May 201616110,97942.521.99$28,705
Apr 201617411,89836.561.99$30,051
Mar 201617510,38833.011.79$24,413
Feb 201624515,53326.472.06$38,540
Jan 20161357,15227.352.36$20,602
Dec 201535925,44632.362.00$62,545
Nov 201533,50538.792.17$7,713
Oct 20150043.552.43$0
Sep 201557642.992.76$425
Aug 20150040.162.87$0
Jul 20151064,73548.152.95$19,049
Jun 20150056.152.88$0
May 2015754,60455.212.96$17,748
Apr 201522512,81749.822.71$45,900
Mar 201523212,61942.892.93$46,984
Feb 201517812,33544.662.98$44,661
Jan 201521813,75543.433.10$52,117
Dec 201447318,58654.693.59$92,617
Nov 20141165,17170.464.25$30,160
Oct 2014274578.303.90$2,290
Sep 201419212,95186.164.05$68,935
Aug 201421017,01389.394.04$87,421
Jul 201441019,12796.564.18$119,533
Jun 201436717,92398.164.74$120,924
May 201440919,94794.734.73$133,025
Apr 201430421,54795.944.81$132,788
Mar 201431720,38995.895.06$133,500
Feb 201429518,02497.406.19$140,338
Jan 201436020,01090.404.86$129,807
Dec 201337523,33991.824.35$136,062
Nov 201338023,70888.853.74$122,390
Oct 201341425,37997.423.78$136,248
Sep 201342623,736104.113.72$132,595
Aug 201345024,314104.253.52$132,561
Jul 201343525,531102.523.72$139,514
Jun 201338026,41094.403.93$139,753
May 201340729,05194.834.15$159,131
Apr 201349830,39293.964.28$176,949
Mar 201354631,69293.623.91$175,123
Feb 201350930,64991.233.42$151,253
Jan 201360139,18291.603.42$189,051
Dec 201267638,57486.773.42$190,586
Nov 201273342,50086.953.62$217,795
Oct 201290752,00789.383.40$257,875
Sep 20121,09460,99294.672.92$281,568
Aug 20121,33445,97992.662.91$257,323
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20122057,646105.052.22$38,525

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             2 bbl  × $106.41 =       $213
Gas                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                     $216

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/267757 is the state's own key, not one this site invented.