ELIZONDO 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 268838District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Jan 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
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 Gas112014-03-31210930
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
CondensateDisposition139,719 bbl$10,810,901
GasProduction348,161 Mcf$1,246,739
Total$12,057,640

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 28.9403, -97.7408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94026, -97.74077 · 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
13,198 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 13,198 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-2553276402H13,198 ftJan 2013

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 (161)

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

161 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 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20222176.415.73$159
Nov 202231,02185.005.65$6,020
Oct 202231,52687.185.86$9,210
Sep 2022147884.888.16$3,987
Aug 20220094.529.13$0
Jul 202214101.587.54$132
Jun 202232115.097.98$361
May 20221734109.378.43$2,146
Apr 202241104.226.84$424
Mar 20222219108.885.08$2,492
Feb 20225254091.054.86$7,358
Jan 20229723181.844.54$8,987
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202151669.865.35$435
Aug 2021211766.024.22$1,458
Jul 2021338870.783.98$2,686
Jun 20216969.493.38$447
May 20215263.483.02$323
Apr 2021812160.362.76$817
Mar 2021610861.302.72$661
Feb 2021123857.805.55$904
Jan 20212344150.412.81$2,399
Dec 2020171644.642.68$802
Nov 20206514938.772.71$2,923
Oct 2020472936.972.48$1,809
Sep 202019040937.091.99$7,861
Aug 20207013439.982.39$3,118
Jul 20208238.371.83$311
Jun 2020173434.901.69$651
May 2020143416.921.81$299
Apr 20207541114.751.80$1,848
Mar 20202741,02130.341.86$10,208
Feb 20209853,70949.881.98$56,478
Jan 20208614,78257.252.09$59,309
Dec 20194017359.012.30$2,759
Nov 201910954855.302.75$7,535
Oct 20194141,83053.472.42$26,563
Sep 20195121,39355.052.66$31,887
Aug 20195831,49753.112.30$34,413
Jul 20195341,25156.272.46$33,126
Jun 20194071,05052.782.49$24,097
May 201926866258.482.74$17,487
Apr 201932289962.632.75$22,640
Mar 20195411,31656.803.06$34,759
Feb 20197181,59750.852.79$40,969
Jan 20198101,87246.033.23$43,327
Dec 20186681,82946.594.19$38,777
Nov 20187521,90252.934.24$47,863
Oct 20188692,14261.443.40$60,670
Sep 20186211,32959.543.11$41,105
Aug 20188872,15759.403.07$59,302
Jul 20189332,16265.142.93$67,114
Jun 201823264560.183.08$15,946
May 20187391,78865.382.90$53,502
Apr 20186621,80563.842.90$47,498
Mar 20188532,05661.222.79$57,950
Feb 20184011,47461.782.77$28,851
Jan 20181,0422,75262.874.01$76,544
Dec 20173821,03857.272.92$24,910
Nov 20176961,82455.423.12$44,260
Oct 20179352,33949.292.98$53,065
Sep 20179552,34447.523.09$52,618
Aug 20179182,27945.373.00$48,497
Jul 20171,0102,44043.873.09$51,842
Jun 20171,0292,41642.493.09$51,181
May 20171,1032,55545.373.26$58,381
Apr 20171,1332,55647.933.21$62,514
Mar 20171,1152,42146.772.98$59,372
Feb 20171,1712,35550.452.95$66,030
Jan 20175141,32949.413.42$29,940
Dec 20161,3712,91548.763.72$77,702
Nov 20168181,87842.492.64$39,723
Oct 20166591,53746.193.09$35,189
Sep 20167971,87341.553.10$38,923
Aug 20168141,63841.442.92$38,522
Jul 20167901,94841.622.92$38,576
Jun 20167672,08845.352.69$40,391
May 20161,0882,68142.521.99$51,600
Apr 20161,3173,14036.561.99$54,401
Mar 20161,2022,49333.011.79$44,150
Feb 20169121,86326.472.06$27,985
Jan 20168952,60527.352.36$30,637
Dec 20151,1662,90332.362.00$43,542
Nov 20159802,40238.792.17$43,220
Oct 20157552,32243.552.43$38,515
Sep 20151,4293,72742.992.76$71,713
Aug 20151,3623,63340.162.87$65,134
Jul 20151,3893,70848.152.95$77,801
Jun 20151,8334,12256.152.88$114,806
May 20151,0582,37855.212.96$65,440
Apr 201524364749.822.71$13,857
Mar 201524167642.892.93$12,320
Feb 20158201,67244.662.98$41,597
Jan 20151,5574,53843.433.10$81,691
Dec 20145551,68254.693.59$36,394
Nov 20141,3623,84170.464.25$112,298
Oct 20141,5324,04978.303.90$135,751
Sep 20141,5923,92286.164.05$153,033
Aug 20141,4772,79489.394.04$143,303
Jul 20141,7904,66396.564.18$192,332
Jun 20141,6624,61298.164.74$184,988
May 20142,3846,36194.734.73$255,902
Apr 20143,1067,75495.944.81$335,280
Mar 20142,7026,85695.895.06$293,764
Feb 20142,2214,66897.406.19$245,230
Jan 20147582,05390.404.86$78,502
Dec 20133,7438,55491.824.35$380,930
Nov 20133,1297,93088.853.74$307,656
Oct 20134,10610,57897.423.78$439,985
Sep 20134,52311,707104.113.72$514,413
Aug 20136,15215,867104.253.52$697,239
Jul 20137,70618,979102.523.72$860,578
Jun 20135,78213,61694.403.93$599,378
May 20135,97813,52194.834.15$622,993
Apr 20136,21713,77893.964.28$643,155
Mar 20137,30515,78693.623.91$745,663
Feb 20138,53518,61491.233.42$842,306
Jan 20133,3149,13791.603.42$334,810

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.

Dec 2022 — as filed, then multipliedworked
Condensate             2 bbl  × $ 76.41 =       $153
Gas                    1 Mcf  × $  5.73 =         $6

────────────────────────────────────────────────────
Month total                                     $159

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/268838 is the state's own key, not one this site invented.