HOPE 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 268665District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$43.1 M
Jul 2012 – May 2026
Value, last 12 filed months
$351 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 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 Gas112014-01-30211409
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
CondensateDisposition455,706 bbl$36,324,489
GasProduction1,903,217 Mcf$6,758,780
Total$43,083,270

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 29.0196, -97.6019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.01960, -97.60190 · 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
13,342 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 13,342 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-1233266602H13,342 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 20264762,806106.413.05$59,198
Apr 20263912,69798.932.87$46,421
Mar 202611274889.753.15$12,408
Feb 2026114963.503.75$882
Jan 20263922,34559.138.00$41,934
Dec 20254612,67056.664.41$37,904
Nov 20254852,76458.593.93$39,269
Oct 20259105,73259.383.30$72,979
Sep 20254843,23762.743.08$40,326
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20253542,09262.363.54$29,488
Mar 20255093,43367.704.27$49,112
Feb 20253172,47370.884.34$33,204
Jan 202512786974.324.28$13,157
Dec 20244022,34668.993.12$35,057
Nov 20244242,59069.052.20$34,971
Oct 20244562,63471.372.28$38,554
Sep 20244372,66969.612.36$36,730
Aug 20244482,69175.632.06$39,435
Jul 20244662,78179.932.15$43,217
Jun 20244412,61778.082.63$41,326
May 20244552,77278.812.20$41,953
Apr 20244412,71184.451.66$41,741
Mar 20245152,84580.301.55$45,750
Feb 20244172,56476.091.78$36,303
Jan 20244522,83973.023.30$42,367
Dec 20234452,79371.262.61$39,002
Nov 20234052,63677.892.81$38,946
Oct 20234462,86385.443.09$46,945
Sep 20234783,08389.042.74$50,993
Aug 20234643,03480.522.67$45,471
Jul 20234302,79174.852.64$39,559
Jun 20234343,15068.962.26$37,043
May 20233702,49070.622.23$31,676
Apr 20234712,96578.122.24$43,429
Mar 20234893,07772.852.39$42,987
Feb 20235352,78575.112.47$47,051
Jan 20235563,13276.533.39$53,161
Dec 20224863,14676.415.73$55,159
Nov 20224913,10585.005.65$59,266
Oct 20225043,24487.185.86$62,961
Sep 20225043,19784.888.16$68,879
Aug 20225193,20894.529.13$78,336
Jul 20223853,545101.587.54$65,845
Jun 20225483,348115.097.98$89,777
May 20224343,088109.378.43$73,508
Apr 20226093,376104.226.84$86,554
Mar 20226703,527108.885.08$90,854
Feb 20225163,23591.054.86$62,700
Jan 20225143,68981.844.54$58,805
Dec 20216443,82471.323.90$60,840
Nov 20215883,78277.435.24$65,335
Oct 20215913,78679.795.71$68,789
Sep 20216253,75569.865.35$63,755
Aug 20215793,68166.024.22$53,762
Jul 20214493,66670.783.98$46,379
Jun 20214513,62569.493.38$43,595
May 20214093,82663.483.02$37,509
Apr 20214343,59860.362.76$36,121
Mar 20214394,03761.302.72$37,879
Feb 20213123,19857.805.55$35,776
Jan 20214654,55150.412.81$36,230
Dec 20204934,77244.642.68$34,775
Nov 20204984,62038.772.71$31,812
Oct 20205214,88336.972.48$31,364
Sep 20205094,84637.091.99$28,527
Aug 20204895,06339.982.39$31,626
Jul 20205365,33038.371.83$30,294
Jun 20205155,18334.901.69$26,734
May 20205375,26016.921.81$18,632
Apr 20205145,32714.751.80$17,193
Mar 20205255,65130.341.86$26,418
Feb 20205385,49349.881.98$37,715
Jan 20206015,95457.252.09$46,879
Dec 20196626,52359.012.30$54,096
Nov 20193884,57355.302.75$34,035
Oct 20196286,76253.472.42$49,933
Sep 20199376,54855.052.66$68,982
Aug 20191,0606,86653.112.30$72,118
Jul 20191,1476,63056.272.46$80,852
Jun 20191,0725,17952.782.49$69,482
May 20199274,34458.482.74$66,115
Apr 20199964,72362.632.75$75,371
Mar 20191,1385,43256.803.06$81,272
Feb 20191,1215,04950.852.79$71,101
Jan 20191,2944,88146.033.23$75,320
Dec 20187222,50946.594.19$44,139
Nov 20181,1724,25852.934.24$80,076
Oct 20181,1844,37661.443.40$87,615
Sep 20181,1944,26659.543.11$84,349
Aug 20181,2514,34659.403.07$87,637
Jul 20181,2364,46465.142.93$93,601
Jun 20181,2214,37460.183.08$86,938
May 20181,3664,89765.382.90$103,514
Apr 20181,3854,79263.842.90$102,319
Mar 20181,4614,99961.222.79$103,374
Feb 20181,3484,66561.782.77$96,183
Jan 20181,5065,60562.874.01$117,154
Dec 20171,5385,38857.272.92$103,822
Nov 20171,4685,33955.423.12$98,005
Oct 20171,5565,75049.292.98$93,851
Sep 20171,4155,68647.523.09$84,795
Aug 20171,1514,43045.373.00$65,530
Jul 20171,2765,42143.873.09$72,714
Jun 20171,4885,67642.493.09$80,749
May 20171,7196,50745.373.26$99,226
Apr 20171,7216,42647.933.21$103,125
Mar 20171,8286,76646.772.98$105,683
Feb 20171,6756,20450.452.95$102,822
Jan 20171,9347,04049.413.42$119,627
Dec 20161,9237,10248.763.72$120,205
Nov 20161,8967,17942.492.64$99,545
Oct 20162,1168,17046.193.09$122,985
Sep 20161,6356,72041.553.10$88,770
Aug 20162,0768,53041.442.92$110,974
Jul 20162,1318,77741.622.92$114,359
Jun 20162,1388,84945.352.69$120,725
May 20162,3419,58042.521.99$118,613
Apr 20162,4239,38836.561.99$107,277
Mar 20162,52710,04633.011.79$101,439
Feb 20162,85410,77126.472.06$97,773
Jan 20162,1678,78927.352.36$80,048
Dec 20152,82511,31632.362.00$114,065
Nov 20152,93611,61338.792.17$139,057
Oct 20153,18913,11943.552.43$170,715
Sep 20153,51015,06842.992.76$192,459
Aug 20152,44310,36340.162.87$127,878
Jul 20152,79411,44148.152.95$168,226
Jun 20153,07212,54156.152.88$208,647
May 20153,24912,48355.212.96$216,270
Apr 20153,53314,15349.822.71$214,320
Mar 20153,91915,28942.892.93$212,955
Feb 20153,89314,60144.662.98$217,317
Jan 20153,97213,48443.433.10$214,313
Dec 20144,81718,44054.693.59$329,666
Nov 20145,11719,41670.464.25$443,098
Oct 20145,08518,24278.303.90$469,317
Sep 20145612,63286.164.05$58,983
Aug 20144,83022,32589.394.04$521,838
Jul 20145,30123,56196.564.18$610,340
Jun 20145,56324,55898.164.74$662,392
May 20146,15226,66194.734.73$708,794
Apr 20146,29127,36495.944.81$735,155
Mar 20147,18230,39395.895.06$842,373
Feb 20147,05229,15297.406.19$867,374
Jan 20148,48634,81390.404.86$936,351
Dec 20139,14037,55791.824.35$1,002,776
Nov 20137,81830,91188.853.74$810,183
Oct 20139,55838,06797.423.78$1,075,009
Sep 20139,90539,679104.113.72$1,178,726
Aug 201310,43641,277104.253.52$1,233,356
Jul 201310,70542,123102.523.72$1,254,079
Jun 201312,76850,07194.403.93$1,402,249
May 201313,93253,56094.834.15$1,543,396
Apr 201314,00753,82493.964.28$1,546,604
Mar 201315,60060,08593.623.91$1,695,577
Feb 201314,71856,57991.233.42$1,536,218
Jan 201315,31057,41491.603.42$1,598,747
Dec 201216,11160,99086.773.42$1,606,547
Nov 201217,63768,08186.953.62$1,780,328
Oct 201220,72578,92689.383.40$2,120,724
Sep 201221,71082,98894.672.92$2,297,478
Aug 201223,51871,13692.662.91$2,386,053
Jul 20125765,13485.133.02$64,544

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           476 bbl  × $106.41 =    $50,651
Gas                2,806 Mcf  × $  3.05 =     $8,547

────────────────────────────────────────────────────
Month total                                  $59,198

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/268665 is the state's own key, not one this site invented.