MANGIONE 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 268531District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.6 M
May 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
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 Gas112013-10-28210862
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
CondensateDisposition220,881 bbl$18,010,755
GasProduction462,498 Mcf$1,554,894
Total$19,565,649

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 28.8864, -97.7884. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88635, -97.78842 · 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
12,898 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 12,898 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-2553233401H12,898 ftMay 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 (169)

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

169 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 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
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 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20232043380.522.67$16,514
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202313570.622.23$929
Apr 202329613078.122.24$23,414
Mar 202329613272.852.39$21,880
Feb 20231345375.112.47$10,195
Jan 20232702,12476.533.39$27,859
Dec 20222161,69476.415.73$26,210
Nov 20222431,90485.005.65$31,405
Oct 20222632,10687.185.86$35,277
Sep 20222431,66484.888.16$34,210
Aug 20223241,88494.529.13$47,820
Jul 20222041,868101.587.54$34,811
Jun 20222221,789115.097.98$39,821
May 20222201,921109.378.43$40,261
Apr 20223121,864104.226.84$45,262
Mar 20223121,622108.885.08$42,204
Feb 20222391,27991.054.86$27,975
Jan 202223873881.844.54$22,827
Dec 20213262,54671.323.90$33,177
Nov 20213031,78777.435.24$32,820
Oct 20212992,25279.795.71$36,725
Sep 20212401,92569.865.35$27,067
Aug 20214362,72766.024.22$40,294
Jul 20212225,06870.783.98$35,894
Jun 20212213,18969.493.38$26,138
May 20211871,36363.483.02$15,984
Apr 20212731,76460.362.76$21,344
Mar 20212712,10261.302.72$22,323
Feb 20211831,82457.805.55$20,697
Jan 20213372,89150.412.81$25,113
Dec 20203021,79044.642.68$18,270
Nov 20203222,62638.772.71$19,591
Oct 20203823,94636.972.48$23,902
Sep 20203282,18037.091.99$16,506
Aug 20202442,10239.982.39$14,769
Jul 20203783,42438.371.83$20,753
Jun 20203974,37734.901.69$21,254
May 20205105,22216.921.81$18,106
Apr 20203661014.751.80$1,632
Mar 20201051630.341.86$3,215
Feb 20203641,96849.881.98$22,054
Jan 202018254757.252.09$11,565
Dec 20191834459.012.30$10,900
Nov 20192701,92355.302.75$20,221
Oct 20193252,28953.472.42$22,914
Sep 20193571,78355.052.66$24,391
Aug 20193321,58053.112.30$21,273
Jul 20193911,56756.272.46$25,856
Jun 20193761,58352.782.49$23,789
May 20193761,67858.482.74$26,587
Apr 20194101,80262.632.75$30,635
Mar 20194341,61156.803.06$29,584
Feb 20193891,30250.852.79$23,416
Jan 20194761,51346.033.23$26,795
Dec 20184862,32446.594.19$32,370
Nov 20184823,02152.934.24$38,313
Oct 20185834,44461.443.40$50,921
Sep 20185442,81459.543.11$41,136
Aug 20186172,89959.403.07$45,540
Jul 20187693,88565.142.93$61,483
Jun 20186933,54460.183.08$52,609
May 20181,5124,38565.382.90$111,575
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20179043,49057.272.92$61,968
Nov 20170055.423.12$0
Oct 20172971,08749.292.98$17,882
Sep 201729485047.523.09$16,595
Aug 20176031,83545.373.00$32,871
Jul 201720858743.873.09$10,937
Jun 20175781,28442.493.09$28,523
May 20177181,70445.373.26$38,136
Apr 20174081,05547.933.21$22,944
Mar 20175071,60446.772.98$28,498
Feb 20177822,49550.452.95$46,819
Jan 20173741,31949.413.42$22,989
Dec 20165091,85048.763.72$31,706
Nov 20163801,34042.492.64$19,690
Oct 20164852,01246.193.09$28,620
Sep 20164631,69941.553.10$24,506
Aug 20161,1952,98141.442.92$58,238
Jul 20165951,62741.622.92$29,522
Jun 20165401,51345.352.69$28,553
May 20168672,44442.521.99$41,731
Apr 20165311,32636.561.99$22,053
Mar 20168451,67933.011.79$30,906
Feb 20168821,91426.472.06$27,296
Jan 20168501,73127.352.36$27,340
Dec 20151,3312,61532.362.00$48,305
Nov 20159941,91438.792.17$42,706
Oct 201526163643.552.43$12,910
Sep 20155991,26942.992.76$29,251
Aug 20159121,86440.162.87$41,980
Jul 20156862,07548.152.95$39,142
Jun 20159881,81856.152.88$60,717
May 20151,0881,96555.212.96$65,876
Apr 20151,4332,58049.822.71$78,375
Mar 20155641,49942.892.93$28,589
Feb 20151,1812,50944.662.98$60,211
Jan 20151,5944,62943.433.10$83,580
Dec 20141,5623,12454.693.59$96,645
Nov 20142,2423,53270.464.25$172,989
Oct 20143,1363,11178.303.90$257,685
Sep 20148811,16886.164.05$80,632
Aug 20141,7783,12289.394.04$171,533
Jul 20141,7373,20096.564.18$181,099
Jun 20142,1883,76598.164.74$232,608
May 20142,2983,93194.734.73$236,270
Apr 20141,2052,26695.944.81$126,505
Mar 20142,2563,58095.895.06$234,431
Feb 20141,2652,18297.406.19$136,722
Jan 20140090.404.86$0
Dec 20134014691.824.35$4,309
Nov 20131,1762,37488.853.74$113,362
Oct 20131,6643,18697.423.78$174,148
Sep 20132,8565,201104.113.72$316,674
Aug 20133,7106,631104.253.52$410,126
Jul 20133,7037,043102.523.72$405,816
Jun 20133,9067,27794.403.93$397,350
May 20134,9239,00294.834.15$504,198
Apr 20135,4409,39593.964.28$551,377
Mar 20136,31810,97593.623.91$634,435
Feb 20135,4549,37991.233.42$529,644
Jan 20135,8338,75891.603.42$564,254
Dec 20122,7542,94586.773.42$249,037
Nov 20128,03111,36786.953.62$739,500
Oct 201210,19414,49789.383.40$960,425
Sep 201212,46118,48394.672.92$1,233,624
Aug 201216,52025,11992.662.91$1,603,793
Jul 201220,50930,93585.133.02$1,839,380
Jun 201226,05236,24879.822.52$2,170,781
May 201212,24118,71091.612.49$1,167,954

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.

Aug 2023 — as filed, then multipliedworked
Condensate           204 bbl  × $ 80.52 =    $16,426
Gas                   33 Mcf  × $  2.67 =        $88

────────────────────────────────────────────────────
Month total                                  $16,514

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/268531 is the state's own key, not one this site invented.