WILLIAM KELLY 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 268954District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.2 M
Nov 2012 – May 2026
Value, last 12 filed months
$359 k
at the published price for each month
Months reported
163
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 Gas112013-10-18211619
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
CondensateDisposition264,261 bbl$20,920,069
GasProduction2,036,153 Mcf$7,264,945
Total$28,185,014

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 28.5588, -98.2139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.55882, -98.21390 · 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
12,957 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 12,957 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-2973516802H12,957 ftNov 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 (163)

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

163 months

May 20263703,694106.413.05$50,623
Apr 20263463,35098.932.87$43,843
Mar 20263363,36589.753.15$40,754
Feb 20262362,92763.503.75$25,963
Jan 20263283,58659.138.00$48,075
Dec 20253884,65156.664.41$42,511
Nov 20251463,46958.593.93$22,175
Oct 2025051459.383.30$1,699
Sep 2025781,23062.743.08$8,678
Aug 20251942,80563.933.01$20,859
Jul 20252352,98366.743.32$25,573
Jun 20252653,47266.483.13$28,480
May 20252673,70260.553.23$28,133
Apr 20252853,81462.363.54$31,286
Mar 20252954,16767.704.27$37,758
Feb 20252813,55170.884.34$35,332
Jan 20254615,99574.324.28$59,912
Dec 2024131368.993.12$937
Nov 20242413,09369.052.20$23,441
Oct 20243123,68071.372.28$30,663
Sep 20242983,49769.612.36$29,012
Aug 20243203,73775.632.06$31,913
Jul 20243243,80079.932.15$34,054
Jun 20243113,79478.082.63$34,276
May 20243253,88878.812.20$34,161
Apr 20243885,02984.451.66$41,111
Mar 20243754,94380.301.55$37,750
Feb 20244855,53576.091.78$46,776
Jan 20245295,15773.023.30$55,634
Dec 2023148471.262.61$1,217
Nov 20231491,11977.892.81$14,747
Oct 20230085.443.09$0
Sep 2023171189.042.74$1,544
Aug 20231031,56180.522.67$12,466
Jul 20231131,37774.852.64$12,096
Jun 20232002,93068.962.26$20,409
May 20231842,89670.622.23$19,445
Apr 20231983,17378.122.24$22,568
Mar 20231784,01372.852.39$22,571
Feb 20232893,31475.112.47$29,878
Jan 20233814,53876.533.39$44,531
Dec 20224205,48376.415.73$63,505
Nov 20221942,18085.005.65$28,799
Oct 20224445,22387.185.86$69,334
Sep 20225066,93284.888.16$99,540
Aug 202221294.529.13$2,003
Jul 20221962,719101.587.54$40,417
Jun 20223315,098115.097.98$78,763
May 20223735,328109.378.43$85,726
Apr 20223735,214104.226.84$74,525
Mar 20223965,091108.885.08$68,960
Feb 20223973,97991.054.86$55,480
Jan 20223785,24781.844.54$54,745
Dec 20214795,46971.323.90$55,487
Nov 20213245,32477.435.24$52,968
Oct 20213114,82579.795.71$52,384
Sep 20213685,30569.865.35$54,095
Aug 20213835,53166.024.22$48,630
Jul 20213965,61870.783.98$50,400
Jun 20213655,57669.493.38$44,214
May 20214055,64063.483.02$42,729
Apr 20214055,89160.362.76$40,696
Mar 20214215,59261.302.72$41,000
Feb 20213105,31257.805.55$47,389
Jan 20213224,06450.412.81$27,653
Dec 20204316,17244.642.68$35,753
Nov 20203955,34538.772.71$29,781
Oct 20204366,13336.972.48$31,319
Sep 20204086,06937.091.99$27,216
Aug 20203916,25639.982.39$30,553
Jul 20203836,00738.371.83$25,659
Jun 20204236,24834.901.69$25,324
May 20204366,66316.921.81$19,469
Apr 20203946,14714.751.80$16,903
Mar 20204506,44930.341.86$25,624
Feb 20204156,11449.881.98$32,810
Jan 20204526,53357.252.09$39,562
Dec 20194366,65159.012.30$41,055
Nov 20194296,86255.302.75$42,599
Oct 20193966,74553.472.42$37,487
Sep 20195276,49555.052.66$46,270
Aug 20195596,77653.112.30$45,303
Jul 20195656,83756.272.46$48,612
Jun 20195736,65352.782.49$46,817
May 20196036,92958.482.74$54,251
Apr 20196136,75362.632.75$56,968
Mar 20196477,02656.803.06$58,264
Feb 20195966,38650.852.79$48,138
Jan 20196607,20246.033.23$53,629
Dec 20186617,28346.594.19$61,279
Nov 20186137,12352.934.24$62,628
Oct 20186327,54561.443.40$64,469
Sep 20186097,44159.543.11$59,386
Aug 20186817,75359.403.07$64,226
Jul 20186557,90365.142.93$65,837
Jun 20186377,79160.183.08$62,307
May 20187378,07565.382.90$71,609
Apr 20187537,98563.842.90$71,234
Mar 20188618,17861.222.79$75,501
Feb 20187897,42461.782.77$69,280
Jan 20188468,14962.874.01$85,860
Dec 20178848,49757.272.92$75,451
Nov 20178248,39555.423.12$71,845
Oct 20178749,01749.292.98$69,983
Sep 20178369,26347.523.09$68,324
Aug 20178119,19045.373.00$64,406
Jul 20178949,73643.873.09$69,278
Jun 20179179,67542.493.09$68,833
May 20171,02810,26245.373.26$80,129
Apr 20171,0039,93147.933.21$79,968
Mar 20171,0129,91046.772.98$76,900
Feb 20179269,12050.452.95$73,644
Jan 201799010,21149.413.42$83,825
Dec 201695710,11548.763.72$84,320
Nov 20161,03910,80542.492.64$72,719
Oct 20161,16811,74446.193.09$90,242
Sep 20161,14711,66541.553.10$83,827
Aug 20161,13712,37341.442.92$83,300
Jul 20161,15312,60141.622.92$84,837
Jun 20161,19813,02145.352.69$89,301
May 20161,32414,00742.521.99$84,185
Apr 20161,34014,10336.561.99$77,070
Mar 20161,50815,57033.011.79$77,712
Feb 20161,77615,41926.472.06$78,830
Jan 20161,58513,23127.352.36$74,633
Dec 20151,64113,02132.362.00$79,163
Nov 20151,74013,07138.792.17$95,824
Oct 20151,87214,23043.552.43$116,056
Sep 20151,70214,46442.992.76$113,067
Aug 20151,94015,60840.162.87$122,744
Jul 20151,99416,40948.152.95$144,337
Jun 20152,01416,70156.152.88$161,233
May 20152,12317,11755.212.96$167,799
Apr 20152,06216,50449.822.71$147,398
Mar 20152,24517,77642.892.93$148,455
Feb 20152,17317,53644.662.98$149,237
Jan 20152,57520,80243.433.10$176,332
Dec 20142,63821,88454.693.59$222,866
Nov 20142,62922,13770.464.25$279,362
Oct 20143,02325,62178.303.90$336,647
Sep 20143,52226,85186.164.05$412,080
Aug 20141,70510,65789.394.04$195,412
Jul 20142,57518,55596.564.18$326,194
Jun 20143,59526,81798.164.74$479,914
May 20144,01829,45094.734.73$519,822
Apr 20144,18629,61895.944.81$544,041
Mar 20144,77732,21195.895.06$620,951
Feb 20144,78430,19697.406.19$652,935
Jan 20144,28524,74590.404.86$507,643
Dec 20132,96418,81991.824.35$354,101
Nov 20135,71238,59488.853.74$651,786
Oct 20136,56843,92497.423.78$805,859
Sep 20137,08246,709104.113.72$910,959
Aug 20137,70449,722104.253.52$978,293
Jul 20138,06750,520102.523.72$1,014,849
Jun 20139,20156,89794.403.93$1,092,374
May 201310,11461,00394.834.15$1,212,217
Apr 201311,52769,30093.964.28$1,379,860
Mar 201313,19978,21593.623.91$1,541,736
Feb 201312,27570,61491.233.42$1,361,342
Jan 201315,04779,31791.603.42$1,649,562
Dec 201214,47672,20286.773.42$1,503,025
Nov 20129,30847,27486.953.62$980,697

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           370 bbl  × $106.41 =    $39,372
Gas                3,694 Mcf  × $  3.05 =    $11,251

────────────────────────────────────────────────────
Month total                                  $50,623

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/268954 is the state's own key, not one this site invented.