ALEXANDER 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 268794District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.7 M
Dec 2012 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
162
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 Gas112014-03-31210925
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
CondensateDisposition184,773 bbl$15,624,690
GasProduction554,557 Mcf$2,067,647
Total$17,692,337

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 28.8658, -97.8216. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86582, -97.82162 · 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
13,034 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 13,034 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-2553277502H13,034 ftDec 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 (162)

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

162 months

May 20264917106.413.05$5,266
Apr 20262101,34798.932.87$24,641
Mar 20260089.753.15$0
Feb 2026948363.503.75$6,280
Jan 20260059.138.00$0
Dec 2025904956.664.41$5,316
Nov 202511639858.593.93$8,359
Oct 202510439659.383.30$7,484
Sep 20250062.743.08$0
Aug 202511952063.933.01$9,175
Jul 20250066.743.32$0
Jun 202515151666.483.13$11,653
May 20250060.553.23$0
Apr 20250562.363.54$18
Mar 2025912067.704.27$1,122
Feb 202510114170.884.34$7,771
Jan 202540374.324.28$2,986
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202457275.632.06$527
Jul 20243990279.932.15$5,053
Jun 20241432,68778.082.63$18,243
May 20241021,16178.812.20$10,591
Apr 20241484584.451.66$12,573
Mar 20240080.301.55$0
Feb 202426175476.091.78$21,204
Jan 202425673.023.30$1,845
Dec 202325866271.262.61$20,113
Nov 2023541877.892.81$4,257
Oct 202367885.443.09$5,749
Sep 202362689.042.74$5,537
Aug 202335380.522.67$2,826
Jul 20231741774.852.64$13,069
Jun 202319768.962.26$1,326
May 20231721,99170.622.23$16,581
Apr 2023052978.122.24$1,184
Mar 2023731,43872.852.39$8,759
Feb 20231924,98375.112.47$26,708
Jan 20231853,73076.533.39$26,794
Dec 20222962,59576.415.73$37,484
Nov 20222401,91985.005.65$31,235
Oct 20223873,25687.185.86$52,831
Sep 20224233,54084.888.16$64,804
Aug 20225673,99494.529.13$90,047
Jul 20228034,048101.587.54$112,099
Jun 20221,2152,509115.097.98$159,849
May 2022213849109.378.43$30,455
Apr 20224261,849104.226.84$57,040
Mar 20223121,854108.885.08$43,382
Feb 20221882,03191.054.86$26,986
Jan 20221802,16481.844.54$24,551
Dec 20211922,31871.323.90$22,732
Nov 20212372,24577.435.24$30,108
Oct 20214842,45879.795.71$52,663
Sep 20213062,33869.865.35$33,888
Aug 20213842,63966.024.22$36,490
Jul 20213482,68870.783.98$35,335
Jun 20213702,69469.493.38$34,819
May 20212682,98863.483.02$26,029
Apr 20212522,82060.362.76$22,989
Mar 20212852,59761.302.72$24,526
Feb 20211831,57457.805.55$19,310
Jan 20212891,78750.412.81$19,590
Dec 20201842,50744.642.68$14,921
Nov 20201342,92838.772.71$13,120
Oct 20201392,59336.972.48$11,565
Sep 20201752,41237.091.99$11,293
Aug 20201893,02539.982.39$14,771
Jul 20202183,39538.371.83$14,561
Jun 20201933,57634.901.69$12,780
May 20202253,01616.921.81$9,280
Apr 20201862,85514.751.80$7,895
Mar 20202122,62730.341.86$11,308
Feb 20201573,71549.881.98$15,189
Jan 20202204,71057.252.09$22,461
Dec 20191122759.012.30$6,671
Nov 20191732,79855.302.75$17,263
Oct 20192302,36653.472.42$18,020
Sep 20192692,29455.052.66$20,904
Aug 20193372,36353.112.30$23,343
Jul 20193332,24956.272.46$24,271
Jun 20193532,36652.782.49$24,526
May 20193282,71458.482.74$26,619
Apr 20194062,54362.632.75$32,423
Mar 20194362,68256.803.06$32,977
Feb 20193942,25550.852.79$26,331
Jan 20194371,75746.033.23$25,787
Dec 20184191,74746.594.19$26,833
Nov 20184361,63852.934.24$30,018
Oct 20184511,70161.443.40$33,490
Sep 20184981,76759.543.11$35,143
Aug 20185181,83059.403.07$36,381
Jul 20186411,82965.142.93$47,117
Jun 20188533,10060.183.08$60,872
May 2018788665.382.90$5,349
Apr 201811512763.842.90$7,710
Mar 201812952761.222.79$9,366
Feb 20188541461.782.77$6,396
Jan 201827361362.874.01$19,621
Dec 201710711857.272.92$6,473
Nov 20173471,43255.423.12$23,696
Oct 20177272,16849.292.98$42,302
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201715517742.493.09$7,132
May 20170045.373.26$0
Apr 201741591647.933.21$22,833
Mar 20173691,24846.772.98$20,982
Feb 20177761,89750.452.95$44,750
Jan 20175251,12549.413.42$29,786
Dec 20166591,41448.763.72$37,397
Nov 20165311,27942.492.64$25,944
Oct 20166451,57746.193.09$34,666
Sep 20166761,60841.553.10$33,074
Aug 20167911,48641.442.92$37,125
Jul 201640999841.622.92$19,941
Jun 20166281,57445.352.69$32,707
May 20169152,28242.521.99$43,449
Apr 20167871,85036.561.99$32,456
Mar 201624144533.011.79$8,754
Feb 20169151,88426.472.06$28,108
Jan 201648695227.352.36$15,543
Dec 20158852,04932.362.00$32,739
Nov 20158291,97138.792.17$36,429
Oct 20151,0102,52143.552.43$50,103
Sep 20156791,51342.992.76$33,364
Aug 20158001,80340.162.87$37,307
Jul 20159822,18848.152.95$53,727
Jun 20158671,81656.152.88$53,917
May 20151,1592,14055.212.96$70,313
Apr 20157021,36949.822.71$38,679
Mar 20159991,94342.892.93$48,549
Feb 20151,2632,16344.662.98$62,843
Jan 20151,0822,42243.433.10$54,501
Dec 20147121,87854.693.59$45,684
Nov 20141,0062,81870.464.25$82,864
Oct 20141,8734,70778.303.90$165,018
Sep 20141,7074,02186.164.05$163,342
Aug 20141,7854,74589.394.04$178,708
Jul 20141,6934,46296.564.18$182,125
Jun 20141,2003,23998.164.74$133,135
May 20141,8344,85594.734.73$196,682
Apr 20142,2676,24695.944.81$247,534
Mar 20142,7837,08995.895.06$302,710
Feb 20142,6636,75897.406.19$301,222
Jan 20142,6996,10390.404.86$273,655
Dec 20133,1426,71291.824.35$317,726
Nov 20130088.853.74$0
Oct 20132,9397,98097.423.78$316,477
Sep 20133,93510,543104.113.72$448,869
Aug 20135,04012,613104.253.52$569,851
Jul 20135,52614,239102.523.72$619,462
Jun 20137,38119,19494.403.93$772,264
May 201310,81027,18194.834.15$1,137,888
Apr 201313,69533,50493.964.28$1,430,266
Mar 201318,50144,08793.623.91$1,904,570
Feb 201318,99944,89291.233.42$1,886,805
Jan 201326,54559,33491.603.42$2,634,439
Dec 20121,1965,50986.773.42$122,619

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            49 bbl  × $106.41 =     $5,214
Gas                   17 Mcf  × $  3.05 =        $52

────────────────────────────────────────────────────
Month total                                   $5,266

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/268794 is the state's own key, not one this site invented.