SCHROEDER 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268775District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.4 M
Aug 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

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 Gas112013-10-28210863
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
CondensateDisposition240,413 bbl$19,918,952
GasProduction1,231,036 Mcf$4,434,259
Total$24,353,211

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 29.0424, -97.5463. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04239, -97.54631 · 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
13,463 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 13,463 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-1233276902H13,463 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20247501,08471.372.28$56,001
Sep 20241241,80269.612.36$12,892
Aug 20241912,20375.632.06$18,992
Jul 20242343,70779.932.15$26,661
Jun 20244094,82578.082.63$44,644
May 20244735,79578.812.20$50,017
Apr 20245553,78284.451.66$53,145
Mar 20247354380.301.55$6,701
Feb 20246943076.091.78$6,017
Jan 2024161073.023.30$11,756
Dec 20231398171.262.61$10,117
Nov 20231172677.892.81$9,186
Oct 20231296785.443.09$11,229
Sep 20231071,52289.042.74$13,690
Aug 20235969480.522.67$6,606
Jul 202311197374.852.64$10,879
Jun 20239957568.962.26$8,126
May 202317367670.622.23$13,723
Apr 2023701,16878.122.24$8,082
Mar 2023421,41272.852.39$6,439
Feb 2023501,05175.112.47$6,347
Jan 2023521,10476.533.39$7,720
Dec 2022711,40876.415.73$13,492
Nov 2022841,15385.005.65$13,650
Oct 2022791,05987.185.86$13,097
Sep 2022731,09784.888.16$15,152
Aug 2022821,16094.529.13$18,338
Jul 2022681,147101.587.54$15,558
Jun 20221551,147115.097.98$26,989
May 20221741,334109.378.43$30,280
Apr 20222161,190104.226.84$30,648
Mar 20222401,161108.885.08$32,025
Feb 20221452791.054.86$13,333
Jan 202213927781.844.54$12,633
Dec 202115954671.323.90$13,469
Nov 202118736477.435.24$16,386
Oct 202112257279.795.71$13,003
Sep 202113571569.865.35$13,257
Aug 202111877766.024.22$11,070
Jul 202110771370.783.98$10,413
Jun 202110540569.493.38$8,666
May 202110468263.483.02$8,660
Apr 20219615260.362.76$6,214
Mar 20211165061.302.72$7,247
Feb 20216929057.805.55$5,597
Jan 20218891550.412.81$7,007
Dec 20208997144.642.68$6,571
Nov 20208884938.772.71$5,710
Oct 2020831,08936.972.48$5,768
Sep 2020721,05337.091.99$4,767
Aug 2020451,13939.982.39$4,516
Jul 20201081,24938.371.83$6,424
Jun 20201361,33734.901.69$7,006
May 20201491,29816.921.81$4,877
Apr 20201271,15114.751.80$3,950
Mar 20201041,04430.341.86$5,093
Feb 20204717949.881.98$2,699
Jan 202016599457.252.09$11,528
Dec 201916792459.012.30$11,984
Nov 201913588755.302.75$9,905
Oct 20192001,11953.472.42$13,400
Sep 20192441,14855.052.66$16,483
Aug 20193441,29653.112.30$21,256
Jul 20192141,14656.272.46$14,861
Jun 20192161,18052.782.49$14,340
May 20192471,12358.482.74$17,522
Apr 20192641,06762.632.75$19,469
Mar 20193711,30656.803.06$25,072
Feb 20193011,26150.852.79$18,827
Jan 201932657046.033.23$16,846
Dec 201816545846.594.19$9,604
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018618865.142.93$4,232
Jun 20183071,59560.183.08$23,383
May 20183271,28865.382.90$25,115
Apr 20183461,18163.842.90$25,514
Mar 20184641,77561.222.79$33,353
Feb 20185871,44161.782.77$40,251
Jan 201841163962.874.01$28,402
Dec 201743764157.272.92$26,900
Nov 201745091655.423.12$27,795
Oct 201716142549.292.98$9,204
Sep 20170047.523.09$0
Aug 201712518745.373.00$6,233
Jul 20176841,88143.873.09$35,814
Jun 20176881,91942.493.09$35,158
May 20179972,42045.373.26$53,131
Apr 20177452,16647.933.21$42,664
Mar 20179022,87646.772.98$50,768
Feb 20179853,76150.452.95$60,798
Jan 20171,3335,09949.413.42$83,296
Dec 20161,6436,61548.763.72$104,739
Nov 20162,1428,63642.492.64$113,850
Oct 20169893,90646.193.09$57,752
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201691942.521.99$421
Apr 20163751,55836.561.99$16,812
Mar 20162711833.011.79$1,103
Feb 20160026.472.06$0
Jan 20163712,14027.352.36$15,207
Dec 20151,8509,71132.362.00$79,302
Nov 20152,02010,24938.792.17$100,569
Oct 20152,09611,52843.552.43$119,254
Sep 20152,10311,80542.992.76$122,971
Aug 20152,50314,11540.162.87$141,066
Jul 20151,87110,60848.152.95$121,330
Jun 20152,08811,31556.152.88$149,861
May 20152,26412,25655.212.96$161,217
Apr 20152,32911,96549.822.71$148,415
Mar 20152,45012,45042.892.93$141,618
Feb 20152,35111,92644.662.98$140,490
Jan 20152,80514,65543.433.10$167,261
Dec 20142,67614,83854.693.59$199,639
Nov 20142,72115,16870.464.25$256,214
Oct 20142,81115,23678.303.90$279,536
Sep 20142,69815,11886.164.05$293,619
Aug 20142,86216,41089.394.04$322,051
Jul 20143,03816,80596.564.18$363,587
Jun 20142,99516,42598.164.74$371,792
May 20143,34717,99594.734.73$402,116
Apr 20143,46418,62895.944.81$421,920
Mar 20143,81920,24595.895.06$468,579
Feb 20143,66519,17697.406.19$475,709
Jan 20144,24122,78290.404.86$494,123
Dec 20134,58724,98691.824.35$529,979
Nov 20133,10416,24388.853.74$336,511
Oct 20134,82727,05197.423.78$572,482
Sep 20134,97127,967104.113.72$621,505
Aug 20135,69831,955104.253.52$706,582
Jul 20136,10033,951102.523.72$751,593
Jun 20136,32634,70194.403.93$733,668
May 20137,19938,56194.834.15$842,674
Apr 20137,61040,74893.964.28$889,543
Mar 20138,85847,05493.623.91$1,013,402
Feb 20138,03241,30491.233.42$874,015
Jan 201310,42452,31491.603.42$1,133,748
Dec 201212,20759,54486.773.42$1,262,851
Nov 201213,49666,13686.953.62$1,413,218
Oct 201216,37976,99689.383.40$1,725,717
Sep 201218,25385,42394.672.92$1,977,310
Aug 201210,18343,70492.662.91$1,070,655

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.

Oct 2024 — as filed, then multipliedworked
Condensate           750 bbl  × $ 71.37 =    $53,528
Gas                1,084 Mcf  × $  2.28 =     $2,473

────────────────────────────────────────────────────
Month total                                  $56,001

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/268775 is the state's own key, not one this site invented.