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 268743District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.8 M
Oct 2012 – May 2026
Value, last 12 filed months
$303 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 Gas112013-11-12211411
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
CondensateDisposition230,040 bbl$18,446,161
GasProduction674,404 Mcf$2,331,274
Total$20,777,435

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 28.5923, -98.2489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59228, -98.24887 · 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
12,066 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 12,066 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-2973515611H12,066 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 20261,352154106.413.05$144,335
Apr 2026801,31398.932.87$11,682
Mar 20261121,49589.753.15$14,760
Feb 20261121,72663.503.75$13,585
Jan 20262241,74259.138.00$27,178
Dec 202511392056.664.41$10,463
Nov 20251431,46558.593.93$14,131
Oct 20251041,06659.383.30$9,698
Sep 20254695762.743.08$5,831
Aug 2025781,13663.933.01$8,411
Jul 20251146,32966.743.32$28,590
Jun 20251571,18666.483.13$14,148
May 20252861,66660.553.23$22,702
Apr 20252251,51762.363.54$19,406
Mar 20253491,30167.704.27$29,180
Feb 202523389870.884.34$20,413
Jan 20252961,21174.324.28$27,180
Dec 20242731,31268.993.12$22,930
Nov 20242171,11569.052.20$17,435
Oct 20242351,00071.372.28$19,053
Sep 20242451,37969.612.36$20,315
Aug 20243233,43875.632.06$31,523
Jul 20243535,12579.932.15$39,217
Jun 202404,06478.082.63$10,704
May 202401,82378.812.20$4,008
Apr 202404584.451.66$75
Mar 2024071580.301.55$1,105
Feb 202402,78176.091.78$4,960
Jan 20240073.023.30$0
Dec 202391171.262.61$670
Nov 20233577.892.81$248
Oct 20230185.443.09$3
Sep 202303489.042.74$93
Aug 20234182,96780.522.67$41,588
Jul 20232563,37974.852.64$28,088
Jun 20231421,28568.962.26$12,694
May 20233865,95870.622.23$40,530
Apr 20233394,51078.122.24$36,575
Mar 20234633,36572.852.39$41,783
Feb 20233726,18175.112.47$43,181
Jan 20233831,73776.533.39$35,195
Dec 2022772,38476.415.73$19,542
Nov 202238659585.005.65$36,169
Oct 20228992,08387.185.86$90,589
Sep 20225711,63384.888.16$61,798
Aug 20220094.529.13$0
Jul 202210101.587.54$102
Jun 2022312115.097.98$441
May 20221024109.378.43$1,296
Apr 2022816104.226.84$943
Mar 202268276108.885.08$8,805
Feb 20221301,26191.054.86$17,964
Jan 2022218781.844.54$2,113
Dec 202120555071.323.90$16,765
Nov 20213081,83077.435.24$33,432
Oct 20213491,97479.795.71$39,126
Sep 20213791,88069.865.35$36,537
Aug 20213693,16666.024.22$37,724
Jul 20213722,20770.783.98$35,119
Jun 20213692,07969.493.38$32,670
May 20213772,22163.483.02$30,634
Apr 20213712,04460.362.76$28,032
Mar 20212902,39961.302.72$24,295
Feb 202118180257.805.55$14,911
Jan 20212771,82650.412.81$19,095
Dec 20202851,96444.642.68$17,977
Nov 20202821,98938.772.71$16,317
Oct 20202982,06136.972.48$16,125
Sep 20203061,96937.091.99$15,270
Aug 20203572,48339.982.39$20,195
Jul 20203482,39938.371.83$17,731
Jun 20203692,22934.901.69$16,646
May 20203902,34316.921.81$10,851
Apr 20203722,36814.751.80$9,760
Mar 20203592,49830.341.86$15,529
Feb 20202501,47649.881.98$15,393
Jan 20203742,83857.252.09$27,356
Dec 20194043,01959.012.30$30,797
Nov 20194543,44055.302.75$34,569
Oct 20194003,58353.472.42$30,054
Sep 20195112,27455.052.66$34,173
Aug 20195142,10953.112.30$32,158
Jul 20195172,17256.272.46$34,435
Jun 20195032,11452.782.49$31,815
May 20195422,40158.482.74$38,276
Apr 20195712,33562.632.75$42,185
Mar 20195502,06756.803.06$37,569
Feb 20194761,82450.852.79$29,298
Jan 20195792,06346.033.23$33,311
Dec 20186352,05546.594.19$38,186
Nov 20184221,62752.934.24$29,230
Oct 20186242,28561.443.40$46,103
Sep 20185342,26959.543.11$38,846
Aug 20186372,38259.403.07$45,142
Jul 20187112,64565.142.93$54,069
Jun 20187682,63060.183.08$54,311
May 20185121,90765.382.90$39,006
Apr 20186862,28863.842.90$50,431
Mar 20186512,16861.222.79$45,896
Feb 20187482,15361.782.77$52,167
Jan 20183901,13262.874.01$29,058
Dec 201723578757.272.92$15,758
Nov 20175801,72655.423.12$37,526
Oct 20175981,93949.292.98$35,261
Sep 20175361,75447.523.09$30,886
Aug 20175511,90445.373.00$30,719
Jul 20177852,80643.873.09$43,101
Jun 20176362,03542.493.09$33,306
May 20176752,27145.373.26$38,036
Apr 20177322,57247.933.21$43,345
Mar 20178972,95546.772.98$50,769
Feb 20178113,07050.452.95$49,979
Jan 20179993,80649.413.42$62,373
Dec 20167533,45148.763.72$49,564
Nov 20168793,49342.492.64$46,585
Oct 20168023,70146.193.09$48,481
Sep 20169553,64741.553.10$50,988
Aug 20161,0153,88441.442.92$53,420
Jul 20161,0273,89041.622.92$54,119
Jun 20161,0343,88645.352.69$57,329
May 20161,1453,98842.521.99$56,626
Apr 20161,0663,86036.561.99$46,658
Mar 20161,1294,09433.011.79$44,613
Feb 20161,0383,71326.472.06$35,138
Jan 20161,3044,21527.352.36$45,630
Dec 20151,2574,67932.362.00$50,041
Nov 20151,2283,71838.792.17$55,692
Oct 20151,2873,56143.552.43$64,690
Sep 20151,3893,72842.992.76$69,997
Aug 20151,5683,81440.162.87$73,927
Jul 20151,9484,20648.152.95$106,183
Jun 201546585356.152.88$28,569
May 20151,3754,24955.212.96$88,471
Apr 20151,8155,18449.822.71$104,454
Mar 20151,0122,94742.892.93$52,053
Feb 20156944.662.98$295
Jan 20151,7524,90443.433.10$91,295
Dec 20141,4544,85154.693.59$96,941
Nov 20141,9096,98470.464.25$164,203
Oct 20142,1747,28678.303.90$198,647
Sep 20141,5805,30686.164.05$157,598
Aug 20141,6695,32389.394.04$170,671
Jul 20142,1086,29896.564.18$229,872
Jun 20141,8145,55398.164.74$204,366
May 20142,2236,86294.734.73$243,018
Apr 20142,2366,81695.944.81$247,301
Mar 20142,7938,43295.895.06$310,460
Feb 20142,6748,15797.406.19$310,956
Jan 20142,6337,26190.404.86$273,317
Dec 20132,7267,76291.824.35$284,101
Nov 20134,23014,03588.853.74$428,302
Oct 20132,7517,72997.423.78$297,213
Sep 20134,05211,177104.113.72$463,407
Aug 20135,21814,463104.253.52$594,924
Jul 20135,62615,417102.523.72$634,094
Jun 20135,97215,75994.403.93$625,743
May 20137,28518,03894.834.15$765,678
Apr 20139,57020,13893.964.28$985,440
Mar 201312,08825,56393.623.91$1,231,703
Feb 201313,33930,47291.233.42$1,321,128
Jan 201317,13132,75891.603.42$1,681,229
Dec 201221,36136,11086.773.42$1,976,996
Nov 201222,25033,35086.953.62$2,055,530
Oct 20124,0995,98589.383.40$386,716

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         1,352 bbl  × $106.41 =   $143,866
Gas                  154 Mcf  × $  3.05 =       $469

────────────────────────────────────────────────────
Month total                                 $144,335

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/268743 is the state's own key, not one this site invented.