COSTLOW 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268205District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Mar 2012 – May 2026
Value, last 12 filed months
$18 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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

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 Gas112013-08-19210702
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
CondensateDisposition12,698 bbl$1,009,197
GasProduction540,269 Mcf$1,774,161
Total$2,783,358

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 29.0959, -97.3837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.09586, -97.38373 · 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
13,783 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 13,783 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-1233264702H13,783 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 20260610106.413.05$1,858
Apr 20260098.932.87$0
Mar 202601,80289.753.15$5,675
Feb 2026038263.503.75$1,433
Jan 202608659.138.00$688
Dec 202503956.664.41$172
Nov 2025049958.593.93$1,959
Oct 2025064959.383.30$2,145
Sep 2025055662.743.08$1,711
Aug 2025035763.933.01$1,076
Jul 2025025866.743.32$855
Jun 20250266.483.13$6
May 202501,12260.553.23$3,627
Apr 2025063162.363.54$2,236
Mar 2025010967.704.27$465
Feb 202502170.884.34$91
Jan 2025033674.324.28$1,438
Dec 202401,11268.993.12$3,471
Nov 2024041169.052.20$904
Oct 2024033171.372.28$755
Sep 2024038469.612.36$908
Aug 2024048975.632.06$1,009
Jul 2024033379.932.15$715
Jun 2024036378.082.63$956
May 202417964578.812.20$15,525
Apr 2024037684.451.66$624
Mar 2024059380.301.55$916
Feb 2024076876.091.78$1,370
Jan 2024068073.023.30$2,242
Dec 2023053071.262.61$1,384
Nov 2023052477.892.81$1,471
Oct 2023078385.443.09$2,417
Sep 2023055989.042.74$1,529
Aug 2023062480.522.67$1,668
Jul 2023061974.852.64$1,635
Jun 2023056568.962.26$1,276
May 2023046770.622.23$1,040
Apr 2023044578.122.24$996
Mar 202330041272.852.39$22,841
Feb 2023043575.112.47$1,073
Jan 20231963876.533.39$3,615
Dec 20221963176.415.73$5,067
Nov 20221765885.005.65$5,160
Oct 2022066687.185.86$3,905
Sep 2022066584.888.16$5,429
Aug 2022068194.529.13$6,216
Jul 20220720101.587.54$5,430
Jun 20220689115.097.98$5,496
May 20220700109.378.43$5,903
Apr 20220698104.226.84$4,773
Mar 20220743108.885.08$3,772
Feb 2022063291.054.86$3,071
Jan 2022067881.844.54$3,077
Dec 2021075171.323.90$2,928
Nov 2021070777.435.24$3,702
Oct 202117976779.795.71$18,665
Sep 2021078669.865.35$4,206
Aug 2021083366.024.22$3,516
Jul 2021084870.783.98$3,377
Jun 2021080069.493.38$2,705
May 2021093763.483.02$2,828
Apr 2021092260.362.76$2,543
Mar 2021097461.302.72$2,646
Feb 202118188257.805.55$15,355
Jan 202101,34650.412.81$3,783
Dec 20200044.642.68$0
Nov 202005638.772.71$152
Oct 2020043836.972.48$1,086
Sep 2020070837.091.99$1,410
Aug 2020067039.982.39$1,598
Jul 2020083538.371.83$1,524
Jun 2020085334.901.69$1,442
May 2020088316.921.81$1,602
Apr 2020091214.751.80$1,646
Mar 2020098730.341.86$1,832
Feb 2020095849.881.98$1,897
Jan 202001,01957.252.09$2,135
Dec 201901,05559.012.30$2,431
Nov 2019086555.302.75$2,379
Oct 20191261,07853.472.42$9,344
Sep 201901,04455.052.66$2,774
Aug 201901,04453.112.30$2,406
Jul 20191831,16656.272.46$13,166
Jun 2019095252.782.49$2,372
May 201901,07958.482.74$2,957
Apr 2019093962.632.75$2,583
Mar 201901,05356.803.06$3,224
Feb 2019098250.852.79$2,742
Jan 201901,14046.033.23$3,680
Dec 20181701,28146.594.19$13,282
Nov 201801,01552.934.24$4,301
Oct 201801,40761.443.40$4,781
Sep 201801,21759.543.11$3,782
Aug 20181831,09859.403.07$14,237
Jul 201801,23665.142.93$3,624
Jun 201801,27360.183.08$3,917
May 201801,26465.382.90$3,667
Apr 201801,42063.842.90$4,119
Mar 20181821,33161.222.79$14,851
Feb 201801,41161.782.77$3,903
Jan 201801,69862.874.01$6,808
Dec 2017039357.272.92$1,148
Nov 201701,44155.423.12$4,494
Oct 201701,44949.292.98$4,323
Sep 20171841,81147.523.09$14,335
Aug 201701,13545.373.00$3,410
Jul 201701,59443.873.09$4,921
Jun 201701,59942.493.09$4,937
May 201701,71645.373.26$5,600
Apr 20171941,73347.933.21$14,864
Mar 201701,81946.772.98$5,427
Feb 201701,62750.452.95$4,804
Jan 201701,87149.413.42$6,397
Dec 20161821,88748.763.72$15,899
Nov 201601,58542.492.64$4,191
Oct 201601,84546.193.09$5,702
Sep 201602,00841.553.10$6,226
Aug 20161912,10841.442.92$14,080
Jul 201602,15641.622.92$6,305
Jun 201602,02945.352.69$5,450
May 201601,99042.521.99$3,962
Apr 20161932,21236.561.99$11,460
Mar 201602,37433.011.79$4,259
Feb 201602,33926.472.06$4,827
Jan 20161912,56027.352.36$11,277
Dec 201502,59432.362.00$5,192
Nov 201502,52338.792.17$5,468
Oct 201502,74943.552.43$6,671
Sep 20151852,84042.992.76$15,787
Aug 201503,08340.162.87$8,856
Jul 201503,16548.152.95$9,321
Jun 20151883,22656.152.88$19,856
May 201503,38155.212.96$9,992
Apr 201503,43849.822.71$9,305
Mar 20151893,74242.892.93$19,088
Feb 201503,47844.662.98$10,351
Jan 201504,10043.433.10$12,713
Dec 20141924,36854.693.59$26,188
Nov 201403,90170.464.25$16,586
Oct 20141824,06978.303.90$30,124
Sep 201404,11786.164.05$16,655
Aug 20141754,81589.394.04$35,072
Jul 201404,41196.564.18$18,436
Jun 20141884,37398.164.74$39,168
May 201404,48594.734.73$21,199
Apr 20141794,10895.944.81$36,929
Mar 201404,53095.895.06$22,907
Feb 20141814,46297.406.19$45,258
Jan 20141815,21890.404.86$41,726
Dec 201305,54991.824.35$24,163
Nov 20131785,72288.853.74$37,206
Oct 20131765,99597.423.78$39,803
Sep 20131756,101104.113.72$40,901
Aug 20131776,693104.253.52$42,029
Jul 201337,793102.523.72$29,280
Jun 20131758,46894.403.93$49,828
May 20131789,06794.834.15$54,499
Apr 20133559,88793.964.28$75,698
Mar 201318010,57793.623.91$58,238
Feb 201318310,47091.233.42$52,502
Jan 201354213,13191.603.42$94,554
Dec 201236415,35786.773.42$84,108
Nov 201235317,61886.953.62$94,558
Oct 201253020,23589.383.40$116,164
Sep 201266926,07194.672.92$139,420
Aug 201269731,63792.662.91$156,589
Jul 20121,22342,58385.133.02$232,749
Jun 20121,57855,29879.822.52$265,254
May 2012011,44091.612.49$28,466
Apr 2012740101.652.00$7,522
Mar 201217510,494105.052.22$41,702

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                  610 Mcf  × $  3.05 =     $1,858

────────────────────────────────────────────────────
Month total                                   $1,858

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/268205 is the state's own key, not one this site invented.