HERRING RANCH 04

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 268945District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Oct 2012 – May 2026
Value, last 12 filed months
$130 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 Gas112013-10-28210858
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
CondensateDisposition40 bbl$3,575
GasProduction2,111,797 Mcf$7,414,356
Total$7,417,932

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 28.4360, -98.2372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.43600, -98.23723 · 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
14,460 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 14,460 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-2973513001H14,460 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 202603,259106.413.05$9,926
Apr 202603,23198.932.87$9,272
Mar 202603,50289.753.15$11,029
Feb 202603,24463.503.75$12,166
Jan 202603,38559.138.00$27,073
Dec 202503,78956.664.41$16,722
Nov 202502,81258.593.93$11,041
Oct 2025042459.383.30$1,401
Sep 202503,68462.743.08$11,335
Aug 20250063.933.01$0
Jul 202502,98666.743.32$9,899
Jun 202503,23766.483.13$10,128
May 202503,13660.553.23$10,137
Apr 202502,72262.363.54$9,644
Mar 202503,80067.704.27$16,220
Feb 202503,45970.884.34$15,015
Jan 202503,26974.324.28$13,987
Dec 202403,52268.993.12$10,993
Nov 202403,67569.052.20$8,079
Oct 202408,61571.372.28$19,654
Sep 202403,22769.612.36$7,630
Aug 2024069975.632.06$1,442
Jul 2024011279.932.15$240
Jun 202401,72978.082.63$4,554
May 2024066278.812.20$1,455
Apr 202401,77584.451.66$2,945
Mar 202404,11680.301.55$6,360
Feb 202403,79276.091.78$6,764
Jan 202404,65573.023.30$15,351
Dec 202304,41671.262.61$11,529
Nov 202304,50777.892.81$12,654
Oct 202305,78885.443.09$17,869
Sep 202306,60189.042.74$18,054
Aug 202306380.522.67$168
Jul 2023048374.852.64$1,276
Jun 202302,31968.962.26$5,237
May 202305,05370.622.23$11,255
Apr 202304,99678.122.24$11,180
Mar 202307,30772.852.39$17,487
Feb 202304,24575.112.47$10,467
Jan 202305,33576.533.39$18,073
Dec 202204,08876.415.73$23,420
Nov 2022078085.005.65$4,404
Oct 202201,56887.185.86$9,194
Sep 202203,66884.888.16$29,944
Aug 202202,22394.529.13$20,290
Jul 202204,018101.587.54$30,304
Jun 202204,230115.097.98$33,744
May 202205,495109.378.43$46,340
Apr 20220602104.226.84$4,116
Mar 202204,735108.885.08$24,037
Feb 2022048591.054.86$2,357
Jan 202202,76481.844.54$12,542
Dec 202105,19471.323.90$20,252
Nov 202104,28177.435.24$22,419
Oct 202104,24279.795.71$24,238
Sep 202104,78369.865.35$25,593
Aug 202106,26666.024.22$26,446
Jul 202101,19370.783.98$4,751
Jun 202104,81969.493.38$16,291
May 202105,67963.483.02$17,137
Apr 2021082360.362.76$2,270
Mar 202102,21661.302.72$6,021
Feb 202103,37857.805.55$18,741
Jan 202106,03850.412.81$16,968
Dec 202004,83444.642.68$12,933
Nov 202005,56838.772.71$15,070
Oct 202006,16336.972.48$15,275
Sep 202004,69537.091.99$9,348
Aug 202004,88839.982.39$11,658
Jul 202006,01938.371.83$10,985
Jun 202005,82634.901.69$9,848
May 202006,07316.921.81$11,021
Apr 202005,64114.751.80$10,179
Mar 202005,92230.341.86$10,993
Feb 202005,95149.881.98$11,787
Jan 202006,05457.252.09$12,682
Dec 201905,92459.012.30$13,651
Nov 201906,46955.302.75$17,794
Oct 201905,64653.472.42$13,655
Sep 201906,21055.052.66$16,502
Aug 201906,91353.112.30$15,930
Jul 201906,98156.272.46$17,174
Jun 201906,70652.782.49$16,706
May 201907,71758.482.74$21,147
Apr 201906,29062.632.75$17,302
Mar 201906,20056.803.06$18,985
Feb 201906,27250.852.79$17,513
Jan 201907,42546.033.23$23,969
Dec 201807,10946.594.19$29,754
Nov 201807,24652.934.24$30,703
Oct 201807,37761.443.40$25,068
Sep 201806,61659.543.11$20,563
Aug 201806,97159.403.07$21,377
Jul 201808,56665.142.93$25,114
Jun 201807,21760.183.08$22,206
May 201806,88565.382.90$19,972
Apr 201808,15963.842.90$23,668
Mar 201809,21261.222.79$25,672
Feb 201808,46661.782.77$23,418
Jan 201807,06262.874.01$28,314
Dec 201706,99057.272.92$20,421
Nov 201708,19255.423.12$25,546
Oct 201708,17849.292.98$24,401
Sep 201708,93247.523.09$27,576
Aug 201709,52945.373.00$28,629
Jul 201707,03543.873.09$21,719
Jun 201708,85342.493.09$27,332
May 201709,78845.373.26$31,942
Apr 201708,89847.933.21$28,577
Mar 2017010,04746.772.98$29,977
Feb 201709,38850.452.95$27,719
Jan 2017010,04349.413.42$34,335
Dec 2016011,19548.763.72$41,677
Nov 201609,36642.492.64$24,767
Oct 2016010,37646.193.09$32,065
Sep 2016010,18241.553.10$31,571
Aug 2016010,61641.442.92$31,045
Jul 2016011,53341.622.92$33,726
Jun 2016011,08545.352.69$29,772
May 2016010,14542.521.99$20,199
Apr 2016012,01236.561.99$23,916
Mar 2016013,33633.011.79$23,925
Feb 2016012,95926.472.06$26,743
Jan 2016014,06527.352.36$33,255
Dec 2015014,43332.362.00$28,886
Nov 2015013,37238.792.17$28,982
Oct 2015013,91843.552.43$33,773
Sep 2015012,75242.992.76$35,175
Aug 2015013,39340.162.87$38,471
Jul 2015013,13548.152.95$38,684
Jun 2015013,68156.152.88$39,440
May 2015014,43655.212.96$42,665
Apr 2015013,37649.822.71$36,203
Mar 2015015,91342.892.93$46,700
Feb 2015015,29144.662.98$45,509
Jan 2015017,71543.433.10$54,928
Dec 2014017,76054.693.59$63,783
Nov 2014018,56170.464.25$78,918
Oct 2014020,75478.303.90$80,961
Sep 2014023,08186.164.05$93,373
Aug 2014019,61589.394.04$79,149
Jul 2014023,05096.564.18$96,340
Jun 2014022,21598.164.74$105,230
May 2014020,07594.734.73$94,886
Apr 2014019,99795.944.81$96,168
Mar 2014022,06295.895.06$111,563
Feb 2014022,15897.406.19$137,202
Jan 2014028,50590.404.86$138,555
Dec 2013024,62991.824.35$107,246
Nov 2013029,67088.853.74$110,915
Oct 2013035,71097.423.78$134,961
Sep 2013041,954104.113.72$155,974
Aug 2013042,061104.253.52$148,165
Jul 2013037,180102.523.72$138,226
Jun 2013037,61894.403.93$147,967
May 2013037,42594.834.15$155,279
Apr 2013050,45493.964.28$216,074
Mar 2013065,73193.623.91$257,197
Feb 2013066,13691.233.42$226,179
Jan 2013084,92391.603.42$290,429
Dec 20120108,80686.773.42$372,134
Nov 20120164,87186.953.62$597,651
Oct 201240154,16689.383.40$527,690

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                3,259 Mcf  × $  3.05 =     $9,926

────────────────────────────────────────────────────
Month total                                   $9,926

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/268945 is the state's own key, not one this site invented.