HERRING RANCH 02

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 268661District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Jul 2012 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
167
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 Gas112013-10-28210854
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
CondensateDisposition42 bbl$3,673
GasProduction2,083,720 Mcf$7,140,482
Total$7,144,156

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 28.4208, -98.2412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42083, -98.24120 · 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
14,511 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 14,511 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-2973512901H14,511 ftJul 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 (167)

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

167 months

May 202601,800106.413.05$5,483
Apr 202602,22698.932.87$6,388
Mar 202602,41589.753.15$7,606
Feb 202602,27763.503.75$8,539
Jan 202602,26559.138.00$18,115
Dec 202502,05056.664.41$9,047
Nov 202501,77858.593.93$6,981
Oct 202502,10959.383.30$6,970
Sep 202503,23662.743.08$9,957
Aug 202501363.933.01$39
Jul 202501,86266.743.32$6,173
Jun 202502,28066.483.13$7,133
May 202501,71060.553.23$5,527
Apr 202501,44062.363.54$5,102
Mar 202501,23667.704.27$5,276
Feb 202501470.884.34$61
Jan 202501,62374.324.28$6,944
Dec 202401,71568.993.12$5,353
Nov 202401,69269.052.20$3,720
Oct 202401,81771.372.28$4,145
Sep 202402,33769.612.36$5,526
Aug 2024089575.632.06$1,847
Jul 202402,03979.932.15$4,377
Jun 202401,79178.082.63$4,717
May 202402,19178.812.20$4,817
Apr 202401,97284.451.66$3,272
Mar 202402,60280.301.55$4,020
Feb 2024085176.091.78$1,518
Jan 202402,74173.023.30$9,039
Dec 202302,72071.262.61$7,101
Nov 202301,90977.892.81$5,360
Oct 202301,88685.443.09$5,823
Sep 202303,23089.042.74$8,834
Aug 202303,63680.522.67$9,719
Jul 202303,82274.852.64$10,097
Jun 202304,01168.962.26$9,059
May 202302,82070.622.23$6,281
Apr 202302,78378.122.24$6,228
Mar 202304,12972.852.39$9,881
Feb 202302,71975.112.47$6,704
Jan 2023011,98976.533.39$40,615
Dec 2022011,84076.415.73$67,832
Nov 202209,16285.005.65$51,730
Oct 202205,07587.185.86$29,759
Sep 202201,70984.888.16$13,952
Aug 202202,92194.529.13$26,660
Jul 202202,508101.587.54$18,916
Jun 202202,558115.097.98$20,406
May 202202,979109.378.43$25,122
Apr 202202,473104.226.84$16,909
Mar 202201,631108.885.08$8,280
Feb 202203,47291.054.86$16,870
Jan 202202,43181.844.54$11,031
Dec 202102,78571.323.90$10,859
Nov 202103,49777.435.24$18,313
Oct 202103,03579.795.71$17,342
Sep 202102,73069.865.35$14,608
Aug 202102,88966.024.22$12,193
Jul 202103,15470.783.98$12,559
Jun 202103,20169.493.38$10,821
May 202101,66163.483.02$5,012
Apr 202103,98660.362.76$10,995
Mar 202102,27861.302.72$6,189
Feb 202102,89457.805.55$16,056
Jan 202104,17350.412.81$11,727
Dec 202003,58444.642.68$9,589
Nov 202004,01238.772.71$10,859
Oct 202004,54536.972.48$11,264
Sep 202004,42537.091.99$8,810
Aug 202004,63739.982.39$11,060
Jul 202004,77538.371.83$8,715
Jun 202004,82634.901.69$8,157
May 202004,53016.921.81$8,221
Apr 202005,19914.751.80$9,381
Mar 202004,70630.341.86$8,735
Feb 202003,94549.881.98$7,814
Jan 202003,90357.252.09$8,176
Dec 201903,71659.012.30$8,563
Nov 201903,48855.302.75$9,594
Oct 201903,80853.472.42$9,210
Sep 201904,28555.052.66$11,386
Aug 201904,77553.112.30$11,003
Jul 201905,10556.272.46$12,559
Jun 201905,12652.782.49$12,770
May 201905,51658.482.74$15,116
Apr 201905,46162.632.75$15,022
Mar 201905,00056.803.06$15,311
Feb 201904,39450.852.79$12,269
Jan 201905,81346.033.23$18,765
Dec 201805,28646.594.19$22,124
Nov 201805,15752.934.24$21,851
Oct 201805,84061.443.40$19,845
Sep 201805,21259.543.11$16,199
Aug 201805,79859.403.07$17,780
Jul 201805,18365.142.93$15,196
Jun 201804,99060.183.08$15,354
May 201806,08465.382.90$17,648
Apr 201805,04563.842.90$14,635
Mar 201805,14861.222.79$14,347
Feb 201804,75761.782.77$13,158
Jan 201805,15462.874.01$20,664
Dec 201705,22157.272.92$15,253
Nov 201705,34255.423.12$16,658
Oct 201704,96449.292.98$14,811
Sep 201705,82447.523.09$17,980
Aug 201706,05745.373.00$18,198
Jul 201706,30643.873.09$19,468
Jun 201706,08742.493.09$18,792
May 201706,47945.373.26$21,144
Apr 201705,33847.933.21$17,144
Mar 201706,88246.772.98$20,534
Feb 201705,77650.452.95$17,054
Jan 201707,24749.413.42$24,776
Dec 201606,73448.763.72$25,070
Nov 201606,77942.492.64$17,926
Oct 201606,74646.193.09$20,847
Sep 201606,58841.553.10$20,427
Aug 201607,26841.442.92$21,254
Jul 201607,50241.622.92$21,938
Jun 201608,02145.352.69$21,543
May 201607,14642.521.99$14,228
Apr 201608,70636.561.99$17,334
Mar 201609,15533.011.79$16,424
Feb 201609,02526.472.06$18,624
Jan 201608,42427.352.36$19,917
Dec 201509,14932.362.00$18,311
Nov 201509,40838.792.17$20,390
Oct 2015010,29443.552.43$24,979
Sep 201509,51242.992.76$26,238
Aug 2015010,35940.162.87$29,756
Jul 2015010,38948.152.95$30,596
Jun 2015011,73956.152.88$33,842
May 2015012,11755.212.96$35,811
Apr 2015010,91249.822.71$29,534
Mar 2015011,46642.892.93$33,649
Feb 2015012,00944.662.98$35,741
Jan 2015012,91943.433.10$40,057
Dec 2014014,41954.693.59$51,784
Nov 2014015,12170.464.25$64,292
Oct 2014015,94178.303.90$62,185
Sep 2014015,61386.164.05$63,161
Aug 2014015,80989.394.04$63,791
Jul 2014016,53196.564.18$69,093
Jun 2014016,70698.164.74$79,134
May 2014017,78194.734.73$84,043
Apr 2014018,23095.944.81$87,670
Mar 2014018,52995.895.06$93,697
Feb 2014017,95597.406.19$111,177
Jan 2014021,42690.404.86$104,146
Dec 2013022,21791.824.35$96,743
Nov 2013023,46588.853.74$87,719
Oct 2013026,10997.423.78$98,675
Sep 2013029,483104.113.72$109,610
Aug 2013032,796104.253.52$115,528
Jul 2013033,759102.523.72$125,507
Jun 2013032,93294.403.93$129,535
May 2013036,55394.834.15$151,661
Apr 2013047,33893.964.28$202,729
Mar 2013061,02493.623.91$238,779
Feb 2013058,06591.233.42$198,577
Jan 2013069,16391.603.42$236,531
Dec 2012084,49886.773.42$288,997
Nov 2012098,93486.953.62$358,632
Oct 20120116,55989.383.40$396,263
Sep 20120164,82894.672.92$481,034
Aug 201213218,77292.662.91$637,429
Jul 20122972,37385.133.02$221,093

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                1,800 Mcf  × $  3.05 =     $5,483

────────────────────────────────────────────────────
Month total                                   $5,483

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/268661 is the state's own key, not one this site invented.