DAVID SAENZ 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 268533District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
May 2012 – May 2026
Value, last 12 filed months
$702 k
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 Gas112013-09-04210704
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
CondensateDisposition37,287 bbl$3,106,661
GasProduction2,146,050 Mcf$7,260,193
Total$10,366,854

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 28.5970, -98.1186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59701, -98.11857 · 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
13,162 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 13,162 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-2973510501H13,162 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 202618195698.932.87$20,650
Mar 20265273,89989.753.15$59,578
Feb 20264035,39163.503.75$45,808
Jan 20262294,11459.138.00$46,444
Dec 20257596,10356.664.41$69,940
Nov 20258197,52758.593.93$77,540
Oct 20258606,42059.383.30$72,284
Sep 20258048,71162.743.08$77,246
Aug 20258546,29263.933.01$73,565
Jul 20258646,31866.743.32$78,609
Jun 20258078,53866.483.13$80,362
May 202586310,12660.553.23$84,985
Apr 202594210,54962.363.54$96,119
Mar 20253678,01067.704.27$59,035
Feb 2025435870.884.34$1,838
Jan 2025111374.324.28$558
Dec 2024015868.993.12$493
Nov 202401,12069.052.20$2,462
Oct 202403,00171.372.28$6,846
Sep 202403,28569.612.36$7,767
Aug 202402,69275.632.06$5,555
Jul 202401,81279.932.15$3,890
Jun 202401,83378.082.63$4,828
May 202404,81478.812.20$10,583
Apr 2024269,57284.451.66$18,078
Mar 2024158,96980.301.55$15,063
Feb 2024938,91476.091.78$22,976
Jan 2024178,69573.023.30$29,914
Dec 20231710,09871.262.61$27,574
Nov 2023205,01577.892.81$15,638
Oct 2023131,85585.443.09$6,838
Sep 2023111,94889.042.74$6,307
Aug 2023102,78080.522.67$8,236
Jul 2023154,06674.852.64$11,864
Jun 202392,41068.962.26$6,064
May 20234151,49470.622.23$32,635
Apr 2023079378.122.24$1,775
Mar 202304,35172.852.39$10,413
Feb 202391,80075.112.47$5,114
Jan 2023603,69076.533.39$17,092
Dec 2022383,31276.415.73$21,878
Nov 2022857,28985.005.65$48,380
Oct 2022695,57087.185.86$38,677
Sep 2022141,28484.888.16$11,670
Aug 2022686,81994.529.13$68,665
Jul 2022383,672101.587.54$31,555
Jun 2022566,211115.097.98$55,991
May 20221206,406109.378.43$67,146
Apr 20221195,876104.226.84$52,580
Mar 2022505,785108.885.08$34,811
Feb 2022245,16591.054.86$27,281
Jan 2022475,85981.844.54$30,433
Dec 2021325,94571.323.90$25,463
Nov 2021335,78977.435.24$32,871
Oct 2021255,93779.795.71$35,918
Sep 2021336,24969.865.35$35,743
Aug 2021225,64866.024.22$25,290
Jul 2021335,90670.783.98$25,854
Jun 2021276,00169.493.38$22,163
May 2021356,42063.483.02$21,595
Apr 2021376,35060.362.76$19,749
Mar 2021437,74561.302.72$23,679
Feb 2021294,15857.805.55$24,745
Jan 2021436,61050.412.81$20,744
Dec 2020536,62544.642.68$20,091
Nov 2020517,28238.772.71$21,687
Oct 2020486,82336.972.48$18,685
Sep 2020406,60437.091.99$14,632
Aug 2020426,97339.982.39$18,310
Jul 2020407,07638.371.83$14,449
Jun 2020396,50634.901.69$12,358
May 2020437,54216.921.81$14,414
Apr 2020417,08714.751.80$13,392
Mar 2020437,51830.341.86$15,260
Feb 2020417,07549.881.98$16,058
Jan 2020357,16757.252.09$17,017
Dec 2019377,39059.012.30$19,213
Nov 2019317,67755.302.75$22,831
Oct 2019347,84553.472.42$20,791
Sep 2019137,09955.052.66$19,580
Aug 2019117,45653.112.30$17,766
Jul 201997,59256.272.46$19,183
Jun 201997,42752.782.49$18,977
May 2019127,74558.482.74$21,926
Apr 2019127,56762.632.75$21,566
Mar 2019137,70056.803.06$24,317
Feb 2019116,96950.852.79$20,018
Jan 2019117,91346.033.23$26,051
Dec 2018147,81646.594.19$33,366
Nov 2018107,71652.934.24$33,224
Oct 2018188,01161.443.40$28,328
Sep 2018147,87259.543.11$25,300
Aug 2018138,31159.403.07$26,258
Jul 2018108,48765.142.93$25,534
Jun 2018138,39760.183.08$26,619
May 2018158,87765.382.90$26,731
Apr 2018188,89163.842.90$26,940
Mar 2018218,24961.222.79$24,274
Feb 2018227,39461.782.77$21,812
Jan 2018258,05062.874.01$33,847
Dec 2017218,01357.272.92$24,613
Nov 2017177,77955.423.12$25,200
Oct 2017168,97949.292.98$27,579
Sep 2017179,28847.523.09$29,483
Aug 2017108,47445.373.00$25,913
Jul 2017219,39943.873.09$29,939
Jun 2017239,30942.493.09$29,717
May 2017239,88045.373.26$33,286
Apr 2017249,39447.933.21$31,320
Mar 2017269,80446.772.98$30,468
Feb 2017289,04050.452.95$28,104
Jan 20173210,13449.413.42$36,227
Dec 20162710,09248.763.72$38,887
Nov 20162410,28342.492.64$28,212
Oct 20162410,89946.193.09$34,789
Sep 20162510,51641.553.10$33,645
Aug 2016189,33141.442.92$28,033
Jul 20162410,71441.622.92$32,330
Jun 20162610,64245.352.69$29,762
May 20162811,21342.521.99$23,516
Apr 20163011,13936.561.99$23,275
Mar 20163411,83533.011.79$22,354
Feb 20163211,32026.472.06$24,207
Jan 20164712,18527.352.36$30,095
Dec 20154512,72632.362.00$26,926
Nov 20154212,87938.792.17$29,542
Oct 20154013,68843.552.43$34,957
Sep 20153712,37042.992.76$35,712
Aug 20153914,70740.162.87$43,812
Jul 20154716,17048.152.95$49,885
Jun 20155114,57456.152.88$44,878
May 20155011,30455.212.96$36,169
Apr 20154410,69349.822.71$31,133
Mar 20156215,45742.892.93$48,021
Feb 20155714,04144.662.98$44,334
Jan 20156716,39443.433.10$53,742
Dec 20146517,53554.693.59$66,529
Nov 20146216,44370.464.25$74,282
Oct 20146116,00678.303.90$67,215
Sep 20146417,89786.164.05$77,915
Aug 20146114,80089.394.04$65,173
Jul 20145115,47696.564.18$69,608
Jun 20146617,56998.164.74$89,701
May 20147819,66094.734.73$100,313
Apr 20148220,86695.944.81$108,214
Mar 201410825,78295.895.06$140,731
Feb 20147414,14897.406.19$94,812
Jan 201410421,38190.404.86$113,329
Dec 201311022,27191.824.35$107,079
Nov 201310121,37488.853.74$88,876
Oct 20139624,73397.423.78$102,827
Sep 20139425,405104.113.72$104,236
Aug 201375627,292104.253.52$174,952
Jul 20134,57328,270102.523.72$573,924
Jun 20133,16532,43394.403.93$426,348
May 20131,79331,67894.834.15$301,465
Apr 20131,65235,70093.964.28$308,110
Mar 20131,78937,22693.623.91$313,147
Feb 20131,41337,59291.233.42$257,469
Jan 20131,42952,17391.603.42$309,323
Dec 20121,28758,57686.773.42$312,012
Nov 20121,10062,76586.953.62$323,166
Oct 20121,16072,76789.383.40$351,065
Sep 201289581,22094.672.92$321,762
Aug 201255086,93292.662.91$303,775
Jul 2012849114,07185.133.02$416,861
Jun 201233857,36779.822.52$171,489
May 20123716,65291.612.49$44,825

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.

Apr 2026 — as filed, then multipliedworked
Condensate           181 bbl  × $ 98.93 =    $17,906
Gas                  956 Mcf  × $  2.87 =     $2,743

────────────────────────────────────────────────────
Month total                                  $20,650

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/268533 is the state's own key, not one this site invented.