THREE SISTERS 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 268550District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.0 M
Oct 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
176
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 Gas112013-09-04210703
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
CondensateDisposition275,338 bbl$22,707,216
GasProduction712,517 Mcf$2,330,202
Total$25,037,418

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 28.5762, -98.2632. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57619, -98.26325 · 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
12,163 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 12,163 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-2973503008H12,163 ftAug 2019

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 (176)

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

176 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 202472978.082.63$623
May 20245818178.812.20$4,969
Apr 20241101,38884.451.66$11,592
Mar 2024352080.301.55$2,841
Feb 202404776.091.78$84
Jan 2024293,92173.023.30$15,048
Dec 20232070071.262.61$3,253
Nov 20230277.892.81$6
Oct 20230085.443.09$0
Sep 202331,59989.042.74$4,640
Aug 2023142580.522.67$1,194
Jul 2023362374.852.64$2,755
Jun 2023863,29168.962.26$13,363
May 2023213,46570.622.23$30,133
Apr 2023343,56278.122.24$10,627
Mar 20236022,75172.852.39$50,439
Feb 20235614,80775.112.47$40,715
Jan 20233223,37176.533.39$36,063
Dec 2022532,87976.415.73$20,544
Nov 2022937985.005.65$2,905
Oct 2022771987.185.86$6,824
Sep 202251498984.888.16$51,702
Aug 20220094.529.13$0
Jul 2022130101.587.54$1,321
Jun 20227259115.097.98$8,757
May 2022192458109.378.43$24,861
Apr 20228742,466104.226.84$107,950
Mar 20222,0635,968108.885.08$254,915
Feb 20222,8188,39391.054.86$297,359
Jan 20223,7478,26481.844.54$344,154
Dec 202137071.323.90$2,639
Nov 202111538677.435.24$10,926
Oct 202123143379.795.71$20,906
Sep 202126498169.865.35$23,692
Aug 202120829166.024.22$14,960
Jul 202127265870.783.98$21,872
Jun 202121979069.493.38$17,889
May 202119655063.483.02$14,102
Apr 202120132260.362.76$13,021
Mar 20211918861.302.72$11,947
Feb 202117930457.805.55$12,033
Jan 202120082350.412.81$12,395
Dec 202017125344.642.68$8,310
Nov 202026584438.772.71$12,558
Oct 202023056736.972.48$9,908
Sep 202024284237.091.99$10,652
Aug 202021560239.982.39$10,032
Jul 202023184938.371.83$10,413
Jun 202025952834.901.69$9,932
May 20203671,45616.921.81$8,852
Apr 20204914.751.80$75
Mar 202052730.341.86$1,591
Feb 202018163349.881.98$10,282
Jan 202014144657.252.09$9,007
Dec 201925882659.012.30$17,128
Nov 201919268155.302.75$12,491
Oct 201920883953.472.42$13,151
Sep 201926560555.052.66$16,196
Aug 201938186953.112.30$22,237
Jul 201936374456.272.46$22,256
Jun 201931779652.782.49$18,714
May 201928462858.482.74$18,329
Apr 201942586062.632.75$28,983
Mar 201923754956.803.06$15,143
Feb 201937182850.852.79$21,177
Jan 201940382246.033.23$21,204
Dec 201834575746.594.19$19,242
Nov 201833777152.934.24$21,104
Oct 20184341,02261.443.40$30,138
Sep 201824250859.543.11$15,988
Aug 20185551,14859.403.07$36,487
Jul 20184701,09065.142.93$33,812
Jun 201847091560.183.08$31,100
May 201833370765.382.90$23,822
Apr 20185411,07163.842.90$37,644
Mar 201833185761.222.79$22,652
Feb 201853073261.782.77$34,768
Jan 20186221,09062.874.01$43,475
Dec 20178141,39157.272.92$50,682
Nov 20171,8783,47755.423.12$114,921
Oct 20174,1768,19849.292.98$230,295
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20172611,01442.493.09$14,220
May 20171,0383,05045.373.26$57,047
Apr 20171,2104,10447.933.21$71,176
Mar 20171,2534,17746.772.98$71,066
Feb 20171,1863,91950.452.95$71,405
Jan 20171,0503,54549.413.42$64,000
Dec 20161,1954,12248.763.72$73,614
Nov 20161,1984,17742.492.64$61,948
Oct 20161,2844,55746.193.09$73,390
Sep 20161,2534,48441.553.10$65,965
Aug 20161,3294,78541.442.92$69,067
Jul 20161,3834,99041.622.92$72,153
Jun 20161,3614,86545.352.69$74,788
May 20161,4075,15042.521.99$70,080
Apr 20161,2894,99836.561.99$57,077
Mar 20161,4965,45333.011.79$59,166
Feb 20161,4765,38326.472.06$50,178
Jan 20161,5894,84827.352.36$54,922
Dec 20151,6124,87932.362.00$61,929
Nov 20151,6585,07638.792.17$75,315
Oct 20151,9045,77543.552.43$96,933
Sep 20151,2553,65542.992.76$64,034
Aug 20151,8295,29040.162.87$88,648
Jul 20151,8905,26648.152.95$106,512
Jun 20151,7785,01056.152.88$114,278
May 20151,9225,32755.212.96$121,857
Apr 20151,8905,17449.822.71$108,164
Mar 20152,1695,78642.892.93$110,009
Feb 20151,8905,02944.662.98$99,375
Jan 20152,0996,19443.433.10$110,365
Dec 20142,1626,00654.693.59$139,809
Nov 20142,1225,85170.464.25$174,394
Oct 20142,3907,00178.303.90$214,448
Sep 20142,0255,56086.164.05$196,967
Aug 20142,1055,89389.394.04$211,945
Jul 20142,3376,51796.564.18$252,899
Jun 20142,2095,77098.164.74$244,167
May 20142,7506,84494.734.73$292,856
Apr 20142,3075,42995.944.81$247,442
Mar 20142,9586,85095.895.06$318,282
Feb 20142,7266,61497.406.19$306,466
Jan 20142,2825,68290.404.86$233,911
Dec 20133,0549,29791.824.35$320,902
Nov 20133,1188,57088.853.74$309,071
Oct 20132,9397,94897.423.78$316,356
Sep 20133,3908,418104.113.72$384,229
Aug 20133,3267,522104.253.52$373,233
Jul 20133,4328,102102.523.72$381,970
Jun 20133,6908,17794.403.93$380,499
May 20133,1546,86494.834.15$327,573
Apr 20133,6318,77593.964.28$378,748
Mar 20134,28710,08693.623.91$440,814
Feb 20134,38810,27191.233.42$435,443
Jan 20135,23110,00591.603.42$513,376
Dec 20123,5158,16486.773.42$332,919
Nov 20124,69810,88086.953.62$447,931
Oct 20123,9858,60089.383.40$385,417
Sep 20125,24911,98394.672.92$531,894
Aug 20125,89113,52792.662.91$585,199
Jul 20126,48414,52785.133.02$595,866
Jun 20126,06513,08579.822.52$517,070
May 20127,57115,95291.612.49$733,273
Apr 20128,16716,828101.652.00$863,778
Mar 20129,22418,086105.052.22$1,009,170
Feb 20129,23817,189101.102.57$978,142
Jan 201211,19821,69998.092.73$1,157,739
Dec 201115,74232,94596.873.24$1,631,661
Nov 201120,26241,71095.723.31$2,077,592
Oct 20119,58324,70984.983.65$904,515

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.

Jun 2024 — as filed, then multipliedworked
Condensate             7 bbl  × $ 78.08 =       $547
Gas                   29 Mcf  × $  2.63 =        $76

────────────────────────────────────────────────────
Month total                                     $623

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/268550 is the state's own key, not one this site invented.