STRAUBE 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 268667District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.0 M
Aug 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 Gas112013-08-19210695
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
CondensateDisposition189,901 bbl$14,925,566
GasProduction1,740,328 Mcf$6,050,995
Total$20,976,561

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 29.0456, -97.5238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04564, -97.52382 · 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
13,612 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 13,612 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-1233277002H13,612 ftAug 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 (166)

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

166 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202316475.112.47$1,212
Jan 20232076.533.39$153
Dec 20228276.415.73$623
Nov 202218585.005.65$1,558
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210169.865.35$5
Aug 20211266.024.22$74
Jul 20210170.783.98$4
Jun 20210069.493.38$0
May 20210163.483.02$3
Apr 20217160.362.76$425
Mar 20219758761.302.72$7,541
Feb 20212193,87357.805.55$34,145
Jan 20214057,52250.412.81$41,555
Dec 202054310,60744.642.68$52,618
Nov 202065716,18938.772.71$69,289
Oct 202083536.972.48$383
Sep 20201618637.091.99$964
Aug 20202634439.982.39$1,860
Jul 2020929938.371.83$891
Jun 2020934334.901.69$894
May 20201531716.921.81$829
Apr 20203527514.751.80$1,012
Mar 20202630030.341.86$1,346
Feb 20202322649.881.98$1,595
Jan 202022957.252.09$1,278
Dec 20192025159.012.30$1,759
Nov 2019834555.302.75$1,391
Oct 2019834653.472.42$1,265
Sep 20192340155.052.66$2,332
Aug 20193739253.112.30$2,868
Jul 20191751,13556.272.46$12,639
Jun 20192194,56252.782.49$22,924
May 20192725,76258.482.74$31,696
Apr 20194247,28462.632.75$46,591
Mar 20196138,40256.803.06$60,546
Feb 20197096,00650.852.79$52,823
Jan 20191,2338,14346.033.23$83,042
Dec 20186904,30546.594.19$50,165
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20182122,11959.543.11$19,208
Aug 20185885,76059.403.07$52,591
Jul 20186085,91865.142.93$56,956
Jun 20186156,62360.183.08$57,389
May 20184714,53765.382.90$43,955
Apr 20186476,29363.842.90$59,559
Mar 20186766,11661.222.79$58,429
Feb 20186255,82361.782.77$54,720
Jan 20186846,76762.874.01$70,134
Dec 20177076,67557.272.92$59,991
Nov 20177166,84855.423.12$61,035
Oct 20178077,06649.292.98$60,860
Sep 20177356,86147.523.09$56,109
Aug 20177496,98045.373.00$54,953
Jul 20178528,15443.873.09$62,551
Jun 20176426,88942.493.09$48,547
May 20177056,41545.373.26$52,921
Apr 20177727,16047.933.21$59,997
Mar 20179848,10246.772.98$70,195
Feb 20178116,67050.452.95$60,609
Jan 20179558,21649.413.42$75,275
Dec 20169788,35548.763.72$78,792
Nov 20169578,43742.492.64$62,973
Oct 20161,0359,35346.193.09$76,710
Sep 20161,13610,13241.553.10$78,616
Aug 20169297,10941.442.92$59,287
Jul 20169577,85341.622.92$62,795
Jun 20161,1559,33245.352.69$77,443
May 20161,33810,32242.521.99$77,443
Apr 20161,44910,64036.561.99$74,160
Mar 20161,81111,47133.011.79$80,360
Feb 20161,81312,29826.472.06$73,369
Jan 20161,97714,15327.352.36$87,534
Dec 20152,09314,16132.362.00$96,071
Nov 20151,1497,71038.792.17$61,280
Oct 20155957343.552.43$3,960
Sep 20151,33914,35442.992.76$97,158
Aug 20151,53017,28540.162.87$111,096
Jul 20151,59513,61048.152.95$116,882
Jun 20151,74912,13356.152.88$133,184
May 20151,69112,66955.212.96$130,803
Apr 20151,67413,05249.822.71$118,725
Mar 20151,83916,46142.892.93$127,183
Feb 20151,70613,41244.662.98$116,107
Jan 20151,73214,43943.433.10$119,991
Dec 20141,74115,62854.693.59$151,341
Nov 20141,62815,08470.464.25$178,844
Oct 20141,57417,07978.303.90$189,869
Sep 20141,41615,57186.164.05$184,994
Aug 20141,82418,18689.394.04$236,430
Jul 20142,02019,14496.564.18$275,065
Jun 20142,06018,81198.164.74$291,315
May 20142,24220,61794.734.73$309,832
Apr 20142,35120,78095.944.81$325,488
Mar 20142,56022,31195.895.06$358,301
Feb 20142,41420,82897.406.19$364,091
Jan 20142,78725,03890.404.86$373,648
Dec 20133,06427,17791.824.35$399,678
Nov 20131,93815,30788.853.74$229,413
Oct 20132,94628,76297.423.78$395,701
Sep 20132,98829,619104.113.72$421,196
Aug 20133,23532,052104.253.52$450,155
Jul 20133,58336,061102.523.72$501,395
Jun 20134,45945,33094.403.93$599,231
May 20135,30151,72494.834.15$717,301
Apr 20135,79354,87293.964.28$779,305
Mar 20136,62961,21393.623.91$860,125
Feb 20136,90963,75891.233.42$848,355
Jan 20138,50177,31691.603.42$1,043,105
Dec 20129,16986,48086.773.42$1,091,370
Nov 201210,28994,48386.953.62$1,237,126
Oct 201212,105108,57789.383.40$1,451,072
Sep 201213,749120,83694.672.92$1,654,266
Aug 20129,78183,91592.662.91$1,150,346

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.

Feb 2023 — as filed, then multipliedworked
Condensate            16 bbl  × $ 75.11 =     $1,202
Gas                    4 Mcf  × $  2.47 =        $10

────────────────────────────────────────────────────
Month total                                   $1,212

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/268667 is the state's own key, not one this site invented.