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 268740District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.2 M
Oct 2012 – May 2026
Value, last 12 filed months
$239 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 Gas112013-11-12211416
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
CondensateDisposition228,621 bbl$17,833,039
GasProduction696,995 Mcf$2,374,647
Total$20,207,686

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 28.5910, -98.2511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59099, -98.25105 · 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
12,052 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 12,052 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-2973514612H12,052 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 202644642106.413.05$47,587
Apr 20268653398.932.87$10,038
Mar 202610978789.753.15$12,261
Feb 202618497163.503.75$15,326
Jan 202612131259.138.00$9,650
Dec 202514879156.664.41$11,877
Nov 20251851,02358.593.93$14,856
Oct 202520972159.383.30$14,793
Sep 20252871,20362.743.08$21,708
Aug 20253131,28663.933.01$23,887
Jul 20253452,04666.743.32$29,808
Jun 20253521,10266.483.13$26,849
May 20253656,64460.553.23$43,576
Apr 202511590262.363.54$10,367
Mar 202529492467.704.27$23,848
Feb 202532990970.884.34$27,265
Jan 20252391,03074.324.28$22,170
Dec 20243272,41568.993.12$30,098
Nov 20242933,04669.052.20$26,928
Oct 20244331,53071.372.28$34,394
Sep 20244461,19269.612.36$33,864
Aug 20245132,34675.632.06$43,639
Jul 20244661,63979.932.15$40,766
Jun 20247582,21478.082.63$65,016
May 20245172,65378.812.20$46,577
Apr 20241175,62184.451.66$19,207
Mar 20242752,66080.301.55$26,193
Feb 202431844076.091.78$24,981
Jan 20241474473.023.30$10,879
Dec 202343222171.262.61$31,361
Nov 20230077.892.81$0
Oct 202317124285.443.09$15,357
Sep 20234712,13789.042.74$47,783
Aug 20233961,89180.522.67$36,940
Jul 20232721,38174.852.64$24,008
Jun 20232193,77968.962.26$23,637
May 202336515,13170.622.23$59,479
Apr 20234395,42578.122.24$46,435
Mar 20235754,04872.852.39$51,576
Feb 20233999,17675.112.47$52,594
Jan 20233896876.533.39$30,001
Dec 202254176.415.73$4,132
Nov 20224541,93085.005.65$49,487
Oct 20221,0361,78287.185.86$100,768
Sep 20221,4513,29484.888.16$150,052
Aug 20222094.529.13$189
Jul 20222745101.587.54$3,082
Jun 202271141115.097.98$9,296
May 202282152109.378.43$10,250
Apr 20225977104.226.84$6,675
Mar 2022285694108.885.08$34,554
Feb 20226431,32091.054.86$64,959
Jan 20225171,25481.844.54$48,002
Dec 202128654071.323.90$22,503
Nov 20214071,89177.435.24$41,417
Oct 20213971,88979.795.71$42,470
Sep 20214131,97269.865.35$39,404
Aug 20213992,06466.024.22$35,053
Jul 20213952,05170.783.98$36,125
Jun 20214052,19569.493.38$35,564
May 20214822,41063.483.02$37,870
Apr 20214722,14160.362.76$34,396
Mar 20214252,35261.302.72$32,443
Feb 20213321,05857.805.55$25,059
Jan 20214472,36650.412.81$29,182
Dec 20204732,71244.642.68$28,371
Nov 20203982,16438.772.71$21,287
Oct 20203902,13836.972.48$19,717
Sep 20203942,17337.091.99$18,940
Aug 20204102,31839.982.39$21,920
Jul 20204312,34838.371.83$20,823
Jun 20204062,40334.901.69$18,231
May 20203732,41216.921.81$10,688
Apr 20203952,94414.751.80$11,138
Mar 20204593,52530.341.86$20,469
Feb 20204043,03449.881.98$26,161
Jan 20204653,09257.252.09$33,098
Dec 20194523,34959.012.30$34,390
Nov 20195013,90155.302.75$38,436
Oct 20194803,70653.472.42$34,629
Sep 20195462,78455.052.66$37,455
Aug 20195652,41653.112.30$35,574
Jul 20195782,42856.272.46$38,497
Jun 20195602,39452.782.49$35,521
May 20196142,74958.482.74$43,440
Apr 20197402,71762.632.75$53,820
Mar 20196802,40556.803.06$45,988
Feb 20195531,90650.852.79$33,442
Jan 20196752,29946.033.23$38,492
Dec 20186002,09346.594.19$36,714
Nov 20184821,79052.934.24$33,097
Oct 20186972,57261.443.40$51,564
Sep 20185592,21159.543.11$40,155
Aug 20188122,71859.403.07$56,568
Jul 20188032,81565.142.93$60,561
Jun 20187522,64260.183.08$53,385
May 20187532,55165.382.90$56,631
Apr 20187892,45863.842.90$57,500
Mar 20188302,48261.222.79$57,730
Feb 20185331,46261.782.77$36,973
Jan 20186981,32162.874.01$49,180
Dec 20171,1002,16157.272.92$69,310
Nov 20171,0491,80655.423.12$63,767
Oct 20179772,34349.292.98$55,147
Sep 20177572,26947.523.09$42,978
Aug 20177562,30945.373.00$41,237
Jul 20179942,98443.873.09$52,819
Jun 20177292,19642.493.09$37,755
May 20177272,46345.373.26$41,022
Apr 20177822,73447.933.21$46,262
Mar 20179383,17446.772.98$53,340
Feb 20178612,91850.452.95$52,053
Jan 20171,0153,81549.413.42$63,194
Dec 20169573,63148.763.72$60,181
Nov 20167543,56942.492.64$41,475
Oct 20161,1744,13146.193.09$66,993
Sep 20161,2094,26341.553.10$63,452
Aug 20161,2384,61341.442.92$64,793
Jul 20161,2074,44441.622.92$63,231
Jun 20161,2424,47545.352.69$68,344
May 20161,3054,62942.521.99$64,705
Apr 20161,1834,59436.561.99$52,397
Mar 20161,2494,91133.011.79$50,040
Feb 20161,2504,34626.472.06$42,056
Jan 20161,2023,92027.352.36$42,143
Dec 20151,3603,67032.362.00$51,355
Nov 20151,5353,48138.792.17$67,087
Oct 20151,4853,56843.552.43$73,330
Sep 20151,4313,47342.992.76$71,099
Aug 20151,5353,64540.162.87$72,116
Jul 20151,8694,02348.152.95$101,840
Jun 20156581,70256.152.88$41,853
May 20151,4863,53855.212.96$92,498
Apr 20151,9204,93849.822.71$109,019
Mar 20151,8514,87142.892.93$93,684
Feb 20151,5904,16944.662.98$83,417
Jan 20155411,83643.433.10$29,188
Dec 20141,3654,08054.693.59$89,305
Nov 20141,7785,61570.464.25$149,152
Oct 20141,4143,76578.303.90$125,403
Sep 20141,5724,31686.164.05$152,904
Aug 20142,0016,02789.394.04$203,189
Jul 20142,3646,62996.564.18$255,974
Jun 20142,0396,15798.164.74$229,313
May 20142,0846,86994.734.73$229,884
Apr 20141,7837,64895.944.81$207,841
Mar 20142,2809,28895.895.06$265,597
Feb 20142,5848,44997.406.19$303,998
Jan 20142,1516,18090.404.86$224,490
Dec 20132,4346,20691.824.35$250,514
Nov 20133,01010,58888.853.74$307,019
Oct 20133,52112,51697.423.78$390,318
Sep 20133,77712,422104.113.72$439,405
Aug 20134,84714,693104.253.52$557,057
Jul 20135,25916,031102.523.72$598,752
Jun 20136,31518,11794.403.93$667,398
May 20138,27121,14694.834.15$872,075
Apr 20139,21722,72793.964.28$963,360
Mar 201310,88828,87993.623.91$1,132,334
Feb 201312,40728,30491.233.42$1,228,688
Jan 201313,44326,23691.603.42$1,321,104
Dec 201215,21527,10586.773.42$1,412,909
Nov 201218,03128,60586.953.62$1,671,487
Oct 20123,9997,20989.383.40$381,939

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           446 bbl  × $106.41 =    $47,459
Gas                   42 Mcf  × $  3.05 =       $128

────────────────────────────────────────────────────
Month total                                  $47,587

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/268740 is the state's own key, not one this site invented.