HERRING RANCH 03

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 268770District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$10.3 M
Aug 2012 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
166
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 Gas112014-03-31210923
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
GasProduction2,941,890 Mcf$10,265,132
Total$10,265,132

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 28.4371, -98.2435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.43712, -98.24355 · 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
14,246 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 14,246 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-2973515701H14,246 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 20263,304106.413.05$10,063
Apr 20263,15698.932.87$9,057
Mar 20262,49889.753.15$7,867
Feb 20262,33363.503.75$8,750
Jan 20262,85859.138.00$22,858
Dec 20253,07756.664.41$13,580
Nov 202597358.593.93$3,820
Oct 202530059.383.30$991
Sep 20254,54762.743.08$13,991
Aug 2025063.933.01$0
Jul 20253,00466.743.32$9,959
Jun 20252,26866.483.13$7,096
May 20254,23160.553.23$13,676
Apr 20252262.363.54$78
Mar 20255,09367.704.27$21,739
Feb 2025570.884.34$22
Jan 20251,29574.324.28$5,541
Dec 20242,63268.993.12$8,215
Nov 20243,26269.052.20$7,171
Oct 20244,05371.372.28$9,247
Sep 20244,50369.612.36$10,647
Aug 20244,65975.632.06$9,614
Jul 20241,89779.932.15$4,072
Jun 20244,52378.082.63$11,913
May 20245,91478.812.20$13,002
Apr 20244,19684.451.66$6,962
Mar 20246,80580.301.55$10,515
Feb 2024076.091.78$0
Jan 20241,30973.023.30$4,317
Dec 20234,69871.262.61$12,265
Nov 20235,07077.892.81$14,234
Oct 20234,21785.443.09$13,019
Sep 20233,32189.042.74$9,083
Aug 20233,91780.522.67$10,470
Jul 20236,28874.852.64$16,612
Jun 20231,58668.962.26$3,582
May 20234,04870.622.23$9,017
Apr 20235,54278.122.24$12,402
Mar 20235,91272.852.39$14,148
Feb 20232,77275.112.47$6,835
Jan 20234,33876.533.39$14,696
Dec 20223,23076.415.73$18,505
Nov 20224,09885.005.65$23,138
Oct 20223,64787.185.86$21,385
Sep 20223,87584.888.16$31,634
Aug 20224,69594.529.13$42,852
Jul 20224,659101.587.54$35,139
Jun 20224,002115.097.98$31,925
May 20225,492109.378.43$46,314
Apr 20223,826104.226.84$26,161
Mar 2022650108.885.08$3,300
Feb 20225,09891.054.86$24,770
Jan 20223,08381.844.54$13,990
Dec 20215,19771.323.90$20,264
Nov 20213,39077.435.24$17,753
Oct 20214,98179.795.71$28,461
Sep 20212,45269.865.35$13,120
Aug 20213,51466.024.22$14,831
Jul 20216,33870.783.98$25,238
Jun 20216,09169.493.38$20,591
May 20215,03363.483.02$15,188
Apr 20215,70560.362.76$15,737
Mar 20216,60061.302.72$17,932
Feb 20214,87057.805.55$27,019
Jan 20216,15450.412.81$17,294
Dec 20206,05944.642.68$16,211
Nov 20206,02138.772.71$16,296
Oct 20206,26336.972.48$15,522
Sep 20206,10937.091.99$12,163
Aug 20207,04039.982.39$16,791
Jul 20207,35738.371.83$13,427
Jun 20206,75634.901.69$11,420
May 20206,37616.921.81$11,571
Apr 20207,40314.751.80$13,358
Mar 20207,44630.341.86$13,821
Feb 20206,83849.881.98$13,544
Jan 20206,73557.252.09$14,108
Dec 20196,28759.012.30$14,488
Nov 20196,93155.302.75$19,065
Oct 20196,35053.472.42$15,358
Sep 20196,72655.052.66$17,873
Aug 20198,04153.112.30$18,529
Jul 20198,62256.272.46$21,211
Jun 20198,71652.782.49$21,713
May 20199,72758.482.74$26,655
Apr 20198,57762.632.75$23,593
Mar 20197,76156.803.06$23,765
Feb 20197,26850.852.79$20,294
Jan 201910,67646.033.23$34,464
Dec 20188,75046.594.19$36,623
Nov 20189,87052.934.24$41,822
Oct 201810,50361.443.40$35,690
Sep 20187,54859.543.11$23,459
Aug 20188,20559.403.07$25,161
Jul 20189,48565.142.93$27,809
Jun 20187,47860.183.08$23,009
May 20186,42765.382.90$18,643
Apr 20187,16263.842.90$20,776
Mar 20187,47361.222.79$20,826
Feb 20188,04161.782.77$22,242
Jan 20188,08962.874.01$32,431
Dec 20179,67157.272.92$28,254
Nov 20177,62755.423.12$23,784
Oct 20178,82149.292.98$26,319
Sep 201710,43647.523.09$32,219
Aug 20179,33845.373.00$28,055
Jul 201710,74443.873.09$33,170
Jun 20176,61542.493.09$20,422
May 201710,20545.373.26$33,303
Apr 20179,63147.933.21$30,931
Mar 201711,09746.772.98$33,110
Feb 20178,05250.452.95$23,774
Jan 20178,30549.413.42$28,393
Dec 20168,11748.763.72$30,218
Nov 201612,24242.492.64$32,372
Oct 201612,56346.193.09$38,823
Sep 201612,33041.553.10$38,231
Aug 201612,98241.442.92$37,964
Jul 201614,06241.622.92$41,122
Jun 201614,05845.352.69$37,757
May 20169,49342.521.99$18,901
Apr 201614,53336.561.99$28,936
Mar 201615,46333.011.79$27,741
Feb 201614,87026.472.06$30,686
Jan 201616,57427.352.36$39,187
Dec 201517,50632.362.00$35,037
Nov 201515,82638.792.17$34,300
Oct 201516,94643.552.43$41,121
Sep 201516,23142.992.76$44,772
Aug 201517,91140.162.87$51,449
Jul 201518,94648.152.95$55,797
Jun 201519,76756.152.88$56,985
May 201520,59355.212.96$60,862
Apr 201518,22149.822.71$49,316
Mar 201520,84642.892.93$61,177
Feb 201519,63544.662.98$58,437
Jan 201520,89243.433.10$64,778
Dec 201422,70654.693.59$81,545
Nov 201422,62970.464.25$96,215
Oct 201426,26378.303.90$102,451
Sep 201427,80386.164.05$112,475
Aug 201425,34489.394.04$102,266
Jul 201429,08896.564.18$121,576
Jun 201429,66198.164.74$140,501
May 201428,66294.734.73$135,473
Apr 201428,35795.944.81$136,372
Mar 201431,79095.895.06$160,756
Feb 201428,11497.406.19$174,082
Jan 201437,74890.404.86$183,482
Dec 201340,65791.824.35$177,040
Nov 201344,32288.853.74$165,688
Oct 201350,68097.423.78$191,538
Sep 201356,343104.113.72$209,469
Aug 201357,007104.253.52$200,813
Jul 201354,614102.523.72$203,041
Jun 201354,42594.403.93$214,076
May 201359,37294.834.15$246,339
Apr 201378,45993.964.28$336,008
Mar 2013104,22393.623.91$407,811
Feb 2013103,01991.233.42$352,316
Jan 2013124,74491.603.42$426,613
Dec 2012151,60786.773.42$518,520
Nov 2012173,91986.953.62$630,449
Oct 2012208,73689.383.40$709,636
Sep 2012225,62894.672.92$658,473
Aug 20128,59992.662.91$25,007

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
Gas                3,304 Mcf  × $  3.05 =    $10,063

────────────────────────────────────────────────────
Month total                                  $10,063

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/268770 is the state's own key, not one this site invented.