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 268739District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.5 M
Oct 2012 – May 2026
Value, last 12 filed months
$236 k
at the published price for each month
Months reported
164
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 Gas112013-11-12211418
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
CondensateDisposition206,448 bbl$16,706,176
GasProduction537,573 Mcf$1,842,760
Total$18,548,936

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 28.5901, -98.2477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59012, -98.24769 · 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
12,148 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 12,148 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-2973514513H12,148 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 (164)

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

164 months

May 202673774106.413.05$78,650
Apr 20268263098.932.87$9,920
Mar 202610270389.753.15$11,369
Feb 202612992463.503.75$11,657
Jan 20261371,21359.138.00$17,802
Dec 202513299856.664.41$11,884
Nov 20251421,29958.593.93$13,420
Oct 20251551,37259.383.30$13,738
Sep 202518088962.743.08$14,029
Aug 202520771163.933.01$15,377
Jul 20252042,26866.743.32$21,134
Jun 20251871,38766.483.13$16,771
May 20252031,44060.553.23$16,946
Apr 20252112,09762.363.54$20,588
Mar 20253292,36867.704.27$32,381
Feb 20252571,42970.884.34$24,419
Jan 20252701,92374.324.28$28,294
Dec 20242662,48568.993.12$26,108
Nov 20244311,49569.052.20$33,047
Oct 20243091,85471.372.28$26,283
Sep 20243431,94869.612.36$28,482
Aug 20243792,12275.632.06$33,043
Jul 20243412,32079.932.15$32,236
Jun 20245313,83778.082.63$51,567
May 20245362,50478.812.20$47,747
Apr 20244932,37384.451.66$45,571
Mar 202414661480.301.55$12,673
Feb 20241611,48476.091.78$14,897
Jan 20242271,15273.023.30$20,374
Dec 202320940371.262.61$15,945
Nov 202342187577.892.81$35,248
Oct 20233231,03885.443.09$30,802
Sep 202325761689.042.74$24,568
Aug 20231909980.522.67$15,563
Jul 20232531,19974.852.64$22,105
Jun 20231615,34468.962.26$23,172
May 202346319,83970.622.23$76,886
Apr 20232622,75078.122.24$26,621
Mar 20235681,94772.852.39$46,038
Feb 20231294,26775.112.47$20,210
Jan 20233079276.533.39$23,806
Dec 20222812,06276.415.73$33,285
Nov 202251014785.005.65$44,180
Oct 20221,38450787.185.86$123,630
Sep 202266921784.888.16$58,556
Aug 20221094.529.13$95
Jul 20221638101.587.54$1,912
Jun 202237114115.097.98$5,168
May 202246137109.378.43$6,186
Apr 202274186104.226.84$8,984
Mar 202284348108.885.08$10,913
Feb 202214657391.054.86$16,077
Jan 202212743881.844.54$12,381
Dec 202114639071.323.90$11,933
Nov 20212091,30177.435.24$22,996
Oct 20212301,42779.795.71$26,505
Sep 20212431,42669.865.35$24,606
Aug 20212471,50766.024.22$22,667
Jul 20212421,53270.783.98$23,229
Jun 20212281,57469.493.38$21,165
May 20212651,57463.483.02$21,572
Apr 20212571,61760.362.76$19,973
Mar 20212261,29861.302.72$17,380
Feb 20212041,27657.805.55$18,870
Jan 20212251,50150.412.81$15,560
Dec 20202361,31844.642.68$14,061
Nov 20202551,54638.772.71$14,071
Oct 20202241,40336.972.48$11,759
Sep 20202001,37137.091.99$10,148
Aug 20202401,56639.982.39$13,330
Jul 20202611,76238.371.83$13,230
Jun 20202701,74334.901.69$12,369
May 20202721,89616.921.81$8,043
Apr 20202621,88114.751.80$7,259
Mar 20202801,96730.341.86$12,146
Feb 20203031,86549.881.98$18,808
Jan 20204503,26057.252.09$32,591
Dec 20191419659.012.30$8,542
Nov 20193001,91455.302.75$21,855
Oct 20192622,60553.472.42$20,309
Sep 20193221,55255.052.66$21,850
Aug 20193661,66053.112.30$23,264
Jul 20193711,70056.272.46$25,058
Jun 20193531,61352.782.49$22,650
May 20194211,98758.482.74$30,065
Apr 20194241,88962.632.75$31,751
Mar 20194551,83356.803.06$31,457
Feb 20193281,30150.852.79$20,311
Jan 20194691,48846.033.23$26,392
Dec 20184311,35346.594.19$25,743
Nov 201824190352.934.24$16,582
Oct 20184351,63061.443.40$32,265
Sep 20183751,70759.543.11$27,633
Aug 20184101,78159.403.07$29,816
Jul 20184531,91965.142.93$35,135
Jun 20185962,21060.183.08$42,667
May 20183381,25265.382.90$25,730
Apr 20184001,34463.842.90$29,435
Mar 20183881,52161.222.79$27,992
Feb 20185161,60761.782.77$36,324
Jan 20183411,11562.874.01$25,909
Dec 201729795357.272.92$19,793
Nov 20174061,39655.423.12$26,854
Oct 20173821,41749.292.98$23,057
Sep 20175401,82547.523.09$31,295
Aug 20173021,08545.373.00$16,962
Jul 20174431,98543.873.09$25,563
Jun 20173781,52142.493.09$20,757
May 20174832,17045.373.26$28,995
Apr 20175532,76347.933.21$35,379
Mar 20177243,27846.772.98$43,642
Feb 20177843,17150.452.95$48,915
Jan 20178122,53049.413.42$48,770
Dec 20166221,92648.763.72$37,499
Nov 20166332,11342.492.64$32,484
Oct 20167142,74646.193.09$41,466
Sep 20161,0572,87541.553.10$52,833
Aug 20161,2422,74541.442.92$59,496
Jul 20161,0312,59041.622.92$50,484
Jun 20167292,49045.352.69$39,748
May 20161,1672,55142.521.99$54,700
Apr 20161,0462,48236.561.99$43,184
Mar 20168382,56033.011.79$32,255
Feb 20167352,38226.472.06$24,371
Jan 20168782,41127.352.36$29,714
Dec 20158892,23732.362.00$33,245
Nov 20157831,77838.792.17$34,226
Oct 20157372,00843.552.43$36,969
Sep 20157812,03842.992.76$39,197
Aug 20159161,96240.162.87$42,422
Jul 20151,7612,07048.152.95$90,888
Jun 201537235056.152.88$21,897
May 20151,4843,39555.212.96$91,965
Apr 20151,4993,67049.822.71$84,613
Mar 20151,3603,13042.892.93$67,516
Feb 20159542,03644.662.98$48,665
Jan 20151,9705,18943.433.10$101,646
Dec 20145751,42454.693.59$36,561
Nov 20149962,49970.464.25$80,804
Oct 20141,9634,95078.303.90$173,013
Sep 20141,0772,50986.164.05$102,944
Aug 20141,2913,24189.394.04$128,480
Jul 20141,9725,19896.564.18$212,142
Jun 20141,8034,59898.164.74$198,763
May 20142,5364,58494.734.73$261,902
Apr 20143,0096,03295.944.81$317,692
Mar 20142,3795,43695.895.06$255,611
Feb 20142,6185,95897.406.19$291,885
Jan 20142,1715,56290.404.86$223,294
Dec 20132,7808,92691.824.35$294,128
Nov 20132,5987,07988.853.74$257,296
Oct 20131,8714,99497.423.78$201,147
Sep 20134,13810,953104.113.72$471,528
Aug 20133,1777,317104.253.52$356,977
Jul 20132,1815,698102.523.72$244,780
Jun 20135,67314,84694.403.93$593,927
May 20137,41617,75794.834.15$776,934
Apr 20138,80319,89393.964.28$912,323
Mar 201311,46624,41793.623.91$1,168,987
Feb 201314,67825,91191.233.42$1,427,687
Jan 201316,32425,25991.603.42$1,581,662
Dec 201218,24627,61386.773.42$1,677,646
Nov 201220,32729,11986.953.62$1,872,988
Oct 20124,2226,84289.383.40$400,623

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           737 bbl  × $106.41 =    $78,424
Gas                   74 Mcf  × $  3.05 =       $225

────────────────────────────────────────────────────
Month total                                  $78,650

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/268739 is the state's own key, not one this site invented.