WATT 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 268676District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$5.2 M
Jan 2012 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
173
no gaps in the span
Streams
1
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 Gas112014-12-05210845
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
GasProduction1,621,703 Mcf$5,226,586
Total$5,226,586

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 28.3699, -98.2899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36991, -98.28994 · 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
14,573 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 14,573 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-2973506701H14,573 ftJan 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 (173)

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

173 months

May 20260106.413.05$0
Apr 202661098.932.87$1,751
Mar 20261,91689.753.15$6,034
Feb 2026063.503.75$0
Jan 202623259.138.00$1,856
Dec 2025056.664.41$0
Nov 202515858.593.93$620
Oct 2025059.383.30$0
Sep 202583562.743.08$2,569
Aug 202584863.933.01$2,557
Jul 202583966.743.32$2,781
Jun 202592366.483.13$2,888
May 202579360.553.23$2,563
Apr 202580562.363.54$2,852
Mar 20251,49267.704.27$6,368
Feb 20259270.884.34$399
Jan 20251,22774.324.28$5,250
Dec 20241,22268.993.12$3,814
Nov 202454069.052.20$1,187
Oct 202492871.372.28$2,117
Sep 202438069.612.36$898
Aug 202441575.632.06$856
Jul 202499379.932.15$2,132
Jun 20241,09178.082.63$2,874
May 202493178.812.20$2,047
Apr 20241,12784.451.66$1,870
Mar 20241,50180.301.55$2,319
Feb 20241,00876.091.78$1,798
Jan 20241,10273.023.30$3,634
Dec 202389571.262.61$2,337
Nov 20231,24377.892.81$3,490
Oct 20231,64085.443.09$5,063
Sep 202387489.042.74$2,390
Aug 20231,35080.522.67$3,608
Jul 20231,42774.852.64$3,770
Jun 202381068.962.26$1,829
May 20231,62270.622.23$3,613
Apr 20231,50778.122.24$3,372
Mar 20231,33272.852.39$3,188
Feb 202331075.112.47$764
Jan 20231,20176.533.39$4,069
Dec 202279076.415.73$4,526
Nov 20221,42385.005.65$8,035
Oct 20221,24487.185.86$7,295
Sep 20221,54084.888.16$12,572
Aug 20221,35494.529.13$12,358
Jul 20221,612101.587.54$12,158
Jun 20221,189115.097.98$9,485
May 2022972109.378.43$8,197
Apr 2022667104.226.84$4,561
Mar 20221,606108.885.08$8,153
Feb 202292391.054.86$4,485
Jan 202283881.844.54$3,803
Dec 20211,54071.323.90$6,005
Nov 20211,49477.435.24$7,824
Oct 202191879.795.71$5,245
Sep 20211,22269.865.35$6,539
Aug 20211,53366.024.22$6,470
Jul 20211,43970.783.98$5,730
Jun 20211,52369.493.38$5,149
May 20211,69663.483.02$5,118
Apr 20211,70260.362.76$4,695
Mar 20212,06961.302.72$5,621
Feb 20212,15657.805.55$11,961
Jan 20211,83250.412.81$5,148
Dec 20202,12344.642.68$5,680
Nov 20202,17838.772.71$5,895
Oct 20202,37636.972.48$5,889
Sep 20202,80037.091.99$5,575
Aug 20202,19439.982.39$5,233
Jul 20202,26738.371.83$4,138
Jun 20202,73934.901.69$4,630
May 20202,18716.921.81$3,969
Apr 20202,57914.751.80$4,654
Mar 20202,66930.341.86$4,954
Feb 20202,42749.881.98$4,807
Jan 20202,54057.252.09$5,321
Dec 20192,39959.012.30$5,528
Nov 20192,36655.302.75$6,508
Oct 20192,77853.472.42$6,719
Sep 20192,93855.052.66$7,807
Aug 20193,08753.112.30$7,114
Jul 20193,22756.272.46$7,939
Jun 20193,11652.782.49$7,763
May 20193,36958.482.74$9,232
Apr 20193,37462.632.75$9,281
Mar 20193,46656.803.06$10,613
Feb 20193,22250.852.79$8,997
Jan 20193,63146.033.23$11,722
Dec 20183,11446.594.19$13,033
Nov 20183,76252.934.24$15,941
Oct 20183,85761.443.40$13,106
Sep 20183,38859.543.11$10,530
Aug 20183,63659.403.07$11,150
Jul 20184,03665.142.93$11,833
Jun 20183,84760.183.08$11,837
May 20184,00465.382.90$11,615
Apr 20183,53263.842.90$10,246
Mar 20184,04961.222.79$11,284
Feb 20183,17161.782.77$8,771
Jan 20183,81962.874.01$15,312
Dec 20173,95257.272.92$11,546
Nov 20173,94255.423.12$12,293
Oct 20174,17249.292.98$12,448
Sep 20174,07247.523.09$12,571
Aug 20174,39645.373.00$13,207
Jul 20174,45343.873.09$13,748
Jun 20174,32842.493.09$13,362
May 20174,59945.373.26$15,008
Apr 20174,55747.933.21$14,635
Mar 20174,81746.772.98$14,372
Feb 20174,37250.452.95$12,909
Jan 20175,37349.413.42$18,369
Dec 20165,51348.763.72$20,524
Nov 20165,31042.492.64$14,042
Oct 20165,64746.193.09$17,451
Sep 20165,66441.553.10$17,562
Aug 20166,03241.442.92$17,640
Jul 20166,26241.622.92$18,312
Jun 20166,27145.352.69$16,843
May 20166,09542.521.99$12,135
Apr 20166,22436.561.99$12,392
Mar 20166,70433.011.79$12,027
Feb 20166,49526.472.06$13,403
Jan 20167,20127.352.36$17,026
Dec 20157,34132.362.00$14,692
Nov 20157,06138.792.17$15,304
Oct 20157,41243.552.43$17,986
Sep 20157,38842.992.76$20,379
Aug 20157,97940.162.87$22,920
Jul 20158,16548.152.95$24,047
Jun 20158,30756.152.88$23,948
May 20158,85955.212.96$26,182
Apr 20158,09849.822.71$21,918
Mar 20159,08042.892.93$26,647
Feb 20158,45544.662.98$25,164
Jan 20159,70743.433.10$30,098
Dec 201410,01254.693.59$35,957
Nov 201410,12670.464.25$43,054
Oct 201410,84878.303.90$42,318
Sep 201410,98686.164.05$44,443
Aug 201411,94289.394.04$48,187
Jul 201412,62296.564.18$52,755
Jun 201412,60898.164.74$59,723
May 201413,06294.734.73$61,738
Apr 201412,92895.944.81$62,172
Mar 201414,19195.895.06$71,761
Feb 201413,52497.406.19$83,741
Jan 201415,25190.404.86$74,131
Dec 201316,12391.824.35$70,207
Nov 201316,70388.853.74$62,440
Oct 201318,35097.423.78$69,351
Sep 201319,074104.113.72$70,912
Aug 201321,278104.253.52$74,954
Jul 201321,863102.523.72$81,281
Jun 201322,30894.403.93$87,747
May 201324,38194.834.15$101,159
Apr 201325,95693.964.28$111,159
Mar 201330,55893.623.91$119,569
Feb 201330,24191.233.42$103,422
Jan 201337,79791.603.42$129,262
Dec 201243,64386.773.42$149,266
Nov 201249,43186.953.62$179,185
Oct 201261,71289.383.40$209,801
Sep 201273,13094.672.92$213,423
Aug 201297,96992.662.91$284,910
Jul 2012138,19185.133.02$417,447
Jun 2012184,98779.822.52$465,990
May 201293,56791.612.49$232,825
Apr 20123,379101.652.00$6,747
Mar 20122,290105.052.22$5,089
Feb 20120101.102.57$0
Jan 201236,60198.092.73$100,070

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
Gas                  610 Mcf  × $  2.87 =     $1,751

────────────────────────────────────────────────────
Month total                                   $1,751

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/268676 is the state's own key, not one this site invented.