BAILEY-RETZLOFF UNIT

Name: BAILEY-RETZLOFF UNIT lease production and value, Oct 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 268957District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$25.1 M

Oct 2012 – May 2026

Value, last 12 filed months

$343 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, gas

The SUGARKANE (EAGLE FORD) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2013-09-03	210959
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	276,514 bbl	$21,157,192
Gas	Production	1,095,288 Mcf	$3,959,768
Total			$25,116,960

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 28.7811, -97.9942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78105, -97.99422 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

12,121 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 12,121 ft.

Completions filed

Nov 2012

1 of 1 wells

1 well


42-25532393	2H	12,121 ft	Nov 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 2026	186	385	106.41	3.05	$20,965
Apr 2026	286	611	98.93	2.87	$30,047
Mar 2026	340	1,926	89.75	3.15	$36,581
Feb 2026	323	1,508	63.50	3.75	$26,166
Jan 2026	354	999	59.13	8.00	$28,922
Dec 2025	357	1,784	56.66	4.41	$28,101
Nov 2025	336	1,402	58.59	3.93	$25,191
Oct 2025	344	2,247	59.38	3.30	$27,853
Sep 2025	370	1,416	62.74	3.08	$27,571
Aug 2025	371	1,352	63.93	3.01	$27,794
Jul 2025	379	1,356	66.74	3.32	$29,790
Jun 2025	416	2,011	66.48	3.13	$33,948
May 2025	441	2,012	60.55	3.23	$33,206
Apr 2025	527	2,309	62.36	3.54	$41,045
Mar 2025	415	1,234	67.70	4.27	$33,363
Feb 2025	320	686	70.88	4.34	$25,659
Jan 2025	539	61	74.32	4.28	$40,319
Dec 2024	324	38	68.99	3.12	$22,471
Nov 2024	361	37	69.05	2.20	$25,008
Oct 2024	412	52	71.37	2.28	$29,523
Sep 2024	438	59	69.61	2.36	$30,629
Aug 2024	548	2,172	75.63	2.06	$45,927
Jul 2024	514	1,715	79.93	2.15	$44,765
Jun 2024	582	2,704	78.08	2.63	$52,565
May 2024	982	3,073	78.81	2.20	$84,147
Apr 2024	1,137	2,278	84.45	1.66	$99,799
Mar 2024	697	188	80.30	1.55	$56,260
Feb 2024	316	56	76.09	1.78	$24,144
Jan 2024	292	32	73.02	3.30	$21,427
Dec 2023	45	83	71.26	2.61	$3,423
Nov 2023	86	185	77.89	2.81	$7,218
Oct 2023	7	94	85.44	3.09	$888
Sep 2023	43	199	89.04	2.74	$4,373
Aug 2023	155	193	80.52	2.67	$12,996
Jul 2023	48	64	74.85	2.64	$3,762
Jun 2023	5	0	68.96	2.26	$345
May 2023	438	23	70.62	2.23	$30,983
Apr 2023	78	338	78.12	2.24	$6,850
Mar 2023	263	1,661	72.85	2.39	$23,135
Feb 2023	308	720	75.11	2.47	$24,909
Jan 2023	356	231	76.53	3.39	$28,027
Dec 2022	384	298	76.41	5.73	$31,049
Nov 2022	499	2,515	85.00	5.65	$56,615
Oct 2022	542	2,304	87.18	5.86	$60,762
Sep 2022	236	2,684	84.88	8.16	$41,943
Aug 2022	339	1,277	94.52	9.13	$43,698
Jul 2022	332	903	101.58	7.54	$40,535
Jun 2022	214	344	115.09	7.98	$27,373
May 2022	362	477	109.37	8.43	$43,615
Apr 2022	396	600	104.22	6.84	$45,374
Mar 2022	317	354	108.88	5.08	$36,312
Feb 2022	246	442	91.05	4.86	$24,546
Jan 2022	389	395	81.84	4.54	$33,628
Dec 2021	430	619	71.32	3.90	$33,081
Nov 2021	465	463	77.43	5.24	$38,430
Oct 2021	502	521	79.79	5.71	$43,032
Sep 2021	107	883	69.86	5.35	$12,200
Aug 2021	468	503	66.02	4.22	$33,020
Jul 2021	888	124	70.78	3.98	$63,346
Jun 2021	971	119	69.49	3.38	$67,877
May 2021	817	1,138	63.48	3.02	$55,297
Apr 2021	924	1,819	60.36	2.76	$60,790
Mar 2021	765	1,946	61.30	2.72	$52,182
Feb 2021	723	1,158	57.80	5.55	$48,214
Jan 2021	1,041	894	50.41	2.81	$54,989
Dec 2020	835	374	44.64	2.68	$38,275
Nov 2020	764	986	38.77	2.71	$32,289
Oct 2020	394	1,080	36.97	2.48	$17,243
Sep 2020	257	664	37.09	1.99	$10,854
Aug 2020	442	1,507	39.98	2.39	$21,266
Jul 2020	515	2,439	38.37	1.83	$24,212
Jun 2020	520	2,397	34.90	1.69	$22,200
May 2020	530	2,671	16.92	1.81	$13,815
Apr 2020	464	2,519	14.75	1.80	$11,389
Mar 2020	559	1,865	30.34	1.86	$20,422
Feb 2020	651	1,772	49.88	1.98	$35,982
Jan 2020	894	2,733	57.25	2.09	$56,906
Dec 2019	813	2,671	59.01	2.30	$54,130
Nov 2019	788	1,167	55.30	2.75	$46,786
Oct 2019	820	548	53.47	2.42	$45,171
Sep 2019	648	309	55.05	2.66	$36,494
Aug 2019	771	338	53.11	2.30	$41,727
Jul 2019	804	246	56.27	2.46	$45,846
Jun 2019	776	684	52.78	2.49	$42,661
May 2019	871	725	58.48	2.74	$52,923
Apr 2019	825	555	62.63	2.75	$53,196
Mar 2019	901	297	56.80	3.06	$52,086
Feb 2019	895	731	50.85	2.79	$47,552
Jan 2019	904	466	46.03	3.23	$43,115
Dec 2018	904	1,181	46.59	4.19	$47,060
Nov 2018	754	2,200	52.93	4.24	$49,231
Oct 2018	919	3,082	61.44	3.40	$66,936
Sep 2018	797	2,603	59.54	3.11	$55,544
Aug 2018	951	2,961	59.40	3.07	$65,569
Jul 2018	1,028	3,421	65.14	2.93	$76,994
Jun 2018	1,770	3,271	60.18	3.08	$116,583
May 2018	2,146	3,504	65.38	2.90	$150,470
Apr 2018	2,069	3,357	63.84	2.90	$141,823
Mar 2018	2,244	3,379	61.22	2.79	$146,794
Feb 2018	2,164	3,321	61.78	2.77	$142,878
Jan 2018	2,463	3,521	62.87	4.01	$168,966
Dec 2017	2,513	5,757	57.27	2.92	$160,739
Nov 2017	2,289	4,734	55.42	3.12	$141,619
Oct 2017	2,434	4,654	49.29	2.98	$133,858
Sep 2017	1,843	3,301	47.52	3.09	$97,770
Aug 2017	1,715	3,650	45.37	3.00	$88,776
Jul 2017	2,044	2,160	43.87	3.09	$96,339
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	5	238	47.93	3.21	$1,004
Mar 2017	531	2,123	46.77	2.98	$31,169
Feb 2017	1,285	4,787	50.45	2.95	$78,962
Jan 2017	1,413	5,555	49.41	3.42	$88,808
Dec 2016	1,415	5,580	48.76	3.72	$89,769
Nov 2016	1,438	6,060	42.49	2.64	$77,125
Oct 2016	909	6,121	46.19	3.09	$60,902
Sep 2016	1,424	6,470	41.55	3.10	$79,228
Aug 2016	1,483	6,769	41.44	2.92	$81,250
Jul 2016	762	2,478	41.62	2.92	$38,961
Jun 2016	850	5,198	45.35	2.69	$52,508
May 2016	1,439	7,631	42.52	1.99	$76,380
Apr 2016	1,324	7,833	36.56	1.99	$64,001
Mar 2016	1,638	8,652	33.01	1.79	$69,592
Feb 2016	1,657	8,410	26.47	2.06	$61,216
Jan 2016	1,794	8,614	27.35	2.36	$69,433
Dec 2015	1,636	17,471	32.36	2.00	$87,908
Nov 2015	2,123	10,642	38.79	2.17	$105,416
Oct 2015	298	918	43.55	2.43	$15,206
Sep 2015	1,593	8,296	42.99	2.76	$91,367
Aug 2015	1,763	7,943	40.16	2.87	$93,618
Jul 2015	1,791	8,911	48.15	2.95	$112,480
Jun 2015	1,824	9,013	56.15	2.88	$128,401
May 2015	2,111	9,515	55.21	2.96	$144,669
Apr 2015	2,016	10,227	49.82	2.71	$128,117
Mar 2015	2,053	11,076	42.89	2.93	$120,558
Feb 2015	1,821	9,048	44.66	2.98	$108,254
Jan 2015	2,021	9,204	43.43	3.10	$116,310
Dec 2014	2,370	10,831	54.69	3.59	$168,513
Nov 2014	2,127	13,636	70.46	4.25	$207,847
Oct 2014	2,437	12,732	78.30	3.90	$240,484
Sep 2014	2,297	11,576	86.16	4.05	$244,740
Aug 2014	2,523	13,739	89.39	4.04	$280,969
Jul 2014	2,514	13,821	96.56	4.18	$300,518
Jun 2014	2,871	14,372	98.16	4.74	$349,896
May 2014	3,243	15,700	94.73	4.73	$381,416
Apr 2014	3,251	16,004	95.94	4.81	$388,866
Mar 2014	3,666	19,018	95.89	5.06	$447,703
Feb 2014	3,613	17,793	97.40	6.19	$462,080
Jan 2014	4,294	20,927	90.40	4.86	$489,898
Dec 2013	4,707	21,477	91.82	4.35	$525,718
Nov 2013	4,556	24,490	88.85	3.74	$496,351
Oct 2013	5,314	27,925	97.42	3.78	$623,229
Sep 2013	5,334	28,235	104.11	3.72	$660,293
Aug 2013	6,323	35,693	104.25	3.52	$784,905
Jul 2013	7,168	32,907	102.52	3.72	$857,203
Jun 2013	7,606	33,659	94.40	3.93	$850,401
May 2013	8,508	41,909	94.83	4.15	$980,697
Apr 2013	9,199	41,518	93.96	4.28	$1,042,143
Mar 2013	10,264	41,928	93.62	3.91	$1,124,974
Feb 2013	10,775	44,034	91.23	3.42	$1,133,596
Jan 2013	13,076	63,356	91.60	3.42	$1,414,433
Dec 2012	15,835	60,150	86.77	3.42	$1,579,726
Nov 2012	13,421	51,136	86.95	3.62	$1,352,322
Oct 2012	4,021	9,864	89.38	3.40	$392,931

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           186 bbl  × $106.41 =    $19,792
Gas                  385 Mcf  × $  3.05 =     $1,173

────────────────────────────────────────────────────
Month total                                  $20,965

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/268957 is the state's own key, not one this site invented.