SCHMIDT FAMILY 02

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 268944District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Oct 2012 – May 2026
Value, last 12 filed months
$43 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 Gas112013-10-28210855
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
CondensateDisposition9,806 bbl$733,052
GasProduction974,615 Mcf$3,405,504
Total$4,138,556

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 28.6135, -98.0895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.61345, -98.08949 · 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
13,067 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 13,067 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-2973518401H13,067 ftOct 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 (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 20260136106.413.05$414
Apr 2026012198.932.87$347
Mar 2026118289.753.15$663
Feb 202666863.503.75$636
Jan 2026209059.138.00$1,902
Dec 2025491756.664.41$4,274
Nov 202591,61758.593.93$6,876
Oct 2025597159.383.30$3,506
Sep 2025122,28762.743.08$7,790
Aug 2025142,49563.933.01$8,417
Jul 2025172,07266.743.32$8,004
Jun 20250066.483.13$0
May 202551,27460.553.23$4,421
Apr 202581,25262.363.54$4,935
Mar 2025152,47067.704.27$11,558
Feb 2025121,60770.884.34$7,826
Jan 2025792974.324.28$4,495
Dec 2024577368.993.12$2,758
Nov 2024463169.052.20$1,663
Oct 2024240171.372.28$1,058
Sep 2024681069.612.36$2,333
Aug 202492,28775.632.06$5,400
Jul 2024111,28479.932.15$3,635
Jun 2024019878.082.63$522
May 2024102,46278.812.20$6,201
Apr 202471,00484.451.66$2,257
Mar 202491,96280.301.55$3,754
Feb 2024182,74476.091.78$6,264
Jan 2024393,52573.023.30$14,472
Dec 2023121,22371.262.61$4,048
Nov 2023191,38477.892.81$5,366
Oct 2023885585.443.09$3,323
Sep 2023131,72989.042.74$5,886
Aug 2023692780.522.67$2,961
Jul 2023222,19874.852.64$7,453
Jun 2023016168.962.26$364
May 202301,51370.622.23$3,370
Apr 2023032978.122.24$736
Mar 202381,20572.852.39$3,467
Feb 2023122,23975.112.47$6,422
Jan 2023422,17776.533.39$10,589
Dec 2022191,39676.415.73$9,450
Nov 2022372,31785.005.65$16,227
Oct 2022543,32787.185.86$24,216
Sep 20220184.888.16$8
Aug 202201494.529.13$128
Jul 2022171,395101.587.54$12,248
Jun 2022232,224115.097.98$20,388
May 2022222,420109.378.43$22,814
Apr 2022242,720104.226.84$21,100
Mar 2022202,025108.885.08$12,457
Feb 2022121,26191.054.86$7,220
Jan 2022292,48681.844.54$13,654
Dec 2021192,24171.323.90$10,093
Nov 2021162,22477.435.24$12,886
Oct 2021142,29079.795.71$14,202
Sep 2021202,59669.865.35$15,288
Aug 2021172,68866.024.22$12,467
Jul 2021212,81970.783.98$12,712
Jun 2021172,80169.493.38$10,650
May 2021212,75163.483.02$9,635
Apr 2021232,97860.362.76$9,603
Mar 2021393,39861.302.72$11,623
Feb 2021362,09857.805.55$13,720
Jan 2021252,50350.412.81$8,294
Dec 2020332,98644.642.68$9,462
Nov 2020292,92838.772.71$9,049
Oct 2020313,04536.972.48$8,693
Sep 2020273,07537.091.99$7,124
Aug 2020253,00739.982.39$8,172
Jul 2020263,24438.371.83$6,918
Jun 2020273,03834.901.69$6,077
May 2020283,03816.921.81$5,987
Apr 2020283,34514.751.80$6,449
Mar 2020313,56730.341.86$7,562
Feb 2020283,17049.881.98$7,675
Jan 2020323,62657.252.09$9,428
Dec 2019323,67859.012.30$10,364
Nov 2019313,99355.302.75$12,698
Oct 2019182,71153.472.42$7,519
Sep 2019153,35855.052.66$9,749
Aug 2019443,19453.112.30$9,697
Jul 2019283,08856.272.46$9,172
Jun 2019162,73752.782.49$7,663
May 2019123,05058.482.74$9,060
Apr 2019153,37362.632.75$10,218
Mar 2019173,52656.803.06$11,763
Feb 2019163,17550.852.79$9,679
Jan 2019183,50746.033.23$12,150
Dec 2018253,59146.594.19$16,195
Nov 2018173,48452.934.24$15,662
Oct 2018353,65361.443.40$14,564
Sep 2018333,62059.543.11$13,216
Aug 2018143,80059.403.07$12,485
Jul 2018553,88865.142.93$14,982
Jun 2018333,79860.183.08$13,672
May 2018534,02465.382.90$15,138
Apr 2018193,98763.842.90$12,778
Mar 2018244,14361.222.79$13,015
Feb 2018294,66061.782.77$14,682
Jan 2018152,32462.874.01$10,261
Dec 2017264,13757.272.92$13,575
Nov 2017224,12455.423.12$14,079
Oct 2017234,33949.292.98$14,080
Sep 2017334,50247.523.09$15,467
Aug 2017384,26945.373.00$14,550
Jul 2017664,50043.873.09$16,788
Jun 2017454,46442.493.09$15,694
May 2017764,63445.373.26$18,571
Apr 2017783,93347.933.21$16,370
Mar 2017394,49246.772.98$15,227
Feb 2017274,51650.452.95$14,696
Jan 2017365,22549.413.42$19,642
Dec 2016295,34448.763.72$21,309
Nov 2016265,21342.492.64$14,890
Oct 2016255,36246.193.09$17,725
Sep 2016255,39541.553.10$17,767
Aug 2016286,03041.442.92$18,794
Jul 2016255,71441.622.92$17,750
Jun 2016305,80445.352.69$16,949
May 20161385,73242.521.99$17,280
Apr 20161356,01136.561.99$16,904
Mar 2016745,16633.011.79$11,711
Feb 20161996,78626.472.06$19,271
Jan 2016816,00327.352.36$16,409
Dec 2015566,16032.362.00$14,141
Nov 2015596,09338.792.17$15,494
Oct 2015526,42443.552.43$17,853
Sep 2015425,87842.992.76$18,020
Aug 2015537,28540.162.87$23,055
Jul 2015546,77748.152.95$22,559
Jun 2015537,02556.152.88$23,228
May 2015577,62355.212.96$25,676
Apr 2015657,95249.822.71$24,761
Mar 201512310,56742.892.93$36,287
Feb 201513210,20344.662.98$36,261
Jan 201514611,57743.433.10$42,237
Dec 201421,25954.693.59$4,631
Nov 2014353,20870.464.25$16,106
Oct 2014769,70678.303.90$43,814
Sep 2014768,18686.164.05$39,664
Aug 2014989,17689.394.04$45,786
Jul 20149510,19496.564.18$51,780
Jun 2014739,53098.164.74$52,308
May 20149610,17794.734.73$57,196
Apr 201412910,52595.944.81$62,992
Mar 201411910,51795.895.06$64,593
Feb 20141969,92397.406.19$80,534
Jan 201424514,17090.404.86$91,024
Dec 201317319,83791.824.35$102,265
Nov 2013848,81388.853.74$40,409
Oct 201310016,76597.423.78$73,103
Sep 20135815,026104.113.72$61,901
Aug 20138417,418104.253.52$70,114
Jul 201317118,378102.523.72$85,856
Jun 201320320,50094.403.93$99,798
May 201325021,76194.834.15$113,996
Apr 201324924,77793.964.28$129,506
Mar 201329129,62193.623.91$143,147
Feb 201332933,16791.233.42$143,443
Jan 201356655,03991.603.42$240,074
Dec 201289880,53786.773.42$353,369
Nov 201293755,13086.953.62$281,316
Oct 2012768,10389.383.40$34,340

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             0 bbl  × $106.41 =         $0
Gas                  136 Mcf  × $  3.05 =       $414

────────────────────────────────────────────────────
Month total                                     $414

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/268944 is the state's own key, not one this site invented.