WATT 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 269376District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$4.0 M
Jan 2013 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
161
no gaps in the span
Streams
1
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 Gas112013-10-18211617
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
GasProduction1,050,613 Mcf$3,974,992
Total$3,974,992

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 28.3543, -98.3076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35431, -98.30762 · 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
14,627 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 14,627 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-2973523601H14,627 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 2026227106.413.05$691
Apr 202614298.932.87$408
Mar 202612489.753.15$391
Feb 2026063.503.75$0
Jan 202612159.138.00$968
Dec 2025056.664.41$0
Nov 202518658.593.93$730
Oct 202544159.383.30$1,457
Sep 202542862.743.08$1,317
Aug 202550163.933.01$1,510
Jul 202554966.743.32$1,820
Jun 202560266.483.13$1,883
May 202553460.553.23$1,726
Apr 202549762.363.54$1,761
Mar 202557367.704.27$2,446
Feb 20252370.884.34$100
Jan 20254374.324.28$184
Dec 20245668.993.12$175
Nov 202428469.052.20$624
Oct 202434071.372.28$776
Sep 202439169.612.36$924
Aug 202448075.632.06$991
Jul 202421379.932.15$457
Jun 20243978.082.63$103
May 20246478.812.20$141
Apr 202426384.451.66$436
Mar 202443080.301.55$664
Feb 202461476.091.78$1,095
Jan 202435173.023.30$1,157
Dec 202360271.262.61$1,572
Nov 202349077.892.81$1,376
Oct 202352785.443.09$1,627
Sep 202368189.042.74$1,863
Aug 202358280.522.67$1,556
Jul 202364274.852.64$1,696
Jun 20232668.962.26$59
May 202329170.622.23$648
Apr 202360778.122.24$1,358
Mar 202379772.852.39$1,907
Feb 202382675.112.47$2,037
Jan 202357076.533.39$1,931
Dec 202243976.415.73$2,515
Nov 202280185.005.65$4,523
Oct 202240487.185.86$2,369
Sep 20221,04084.888.16$8,490
Aug 202235394.529.13$3,222
Jul 2022783101.587.54$5,905
Jun 2022761115.097.98$6,071
May 2022663109.378.43$5,591
Apr 2022692104.226.84$4,732
Mar 2022785108.885.08$3,985
Feb 202284091.054.86$4,081
Jan 20221,22481.844.54$5,554
Dec 20212,66271.323.90$10,379
Nov 20212,74577.435.24$14,375
Oct 20212,36979.795.71$13,536
Sep 20212,37669.865.35$12,714
Aug 20212,46866.024.22$10,416
Jul 20212,66370.783.98$10,604
Jun 20212,31369.493.38$7,819
May 20212,35163.483.02$7,095
Apr 20212,13460.362.76$5,886
Mar 20212,48661.302.72$6,754
Feb 20211,59157.805.55$8,827
Jan 20211,65550.412.81$4,651
Dec 20201,33344.642.68$3,566
Nov 20201,28238.772.71$3,470
Oct 20201,34736.972.48$3,338
Sep 20201,24937.091.99$2,487
Aug 20201,23739.982.39$2,950
Jul 20201,22038.371.83$2,227
Jun 20201,20434.901.69$2,035
May 20201,20316.921.81$2,183
Apr 20201,29914.751.80$2,344
Mar 20201,35730.341.86$2,519
Feb 202092349.881.98$1,828
Jan 20201,29057.252.09$2,702
Dec 201979059.012.30$1,820
Nov 20191,10255.302.75$3,031
Oct 20191,24753.472.42$3,016
Sep 20191,21355.052.66$3,223
Aug 20191,28453.112.30$2,959
Jul 20191,37856.272.46$3,390
Jun 20191,40652.782.49$3,503
May 20191,68458.482.74$4,615
Apr 20191,67762.632.75$4,613
Mar 20191,75856.803.06$5,383
Feb 20191,74850.852.79$4,881
Jan 20191,72646.033.23$5,572
Dec 20181,87546.594.19$7,848
Nov 20181,89652.934.24$8,034
Oct 20182,03461.443.40$6,912
Sep 20181,93859.543.11$6,023
Aug 20182,06959.403.07$6,345
Jul 20182,03065.142.93$5,952
Jun 20181,85860.183.08$5,717
May 20181,98465.382.90$5,755
Apr 20181,90163.842.90$5,514
Mar 20181,98961.222.79$5,543
Feb 20181,61161.782.77$4,456
Jan 20182,05062.874.01$8,219
Dec 20171,98357.272.92$5,793
Nov 20172,48455.423.12$7,746
Oct 20172,38649.292.98$7,119
Sep 20172,62347.523.09$8,098
Aug 20172,56645.373.00$7,709
Jul 20172,59043.873.09$7,996
Jun 20172,58442.493.09$7,978
May 20172,87545.373.26$9,382
Apr 20172,91347.933.21$9,355
Mar 20173,14446.772.98$9,381
Feb 20173,02250.452.95$8,923
Jan 20173,22749.413.42$11,032
Dec 20163,59548.763.72$13,384
Nov 20163,01742.492.64$7,978
Oct 20163,18346.193.09$9,836
Sep 20163,34141.553.10$10,359
Aug 20163,93141.442.92$11,496
Jul 20164,08141.622.92$11,934
Jun 20164,10645.352.69$11,028
May 20164,06742.521.99$8,098
Apr 20164,39736.561.99$8,755
Mar 20164,17333.011.79$7,486
Feb 20164,76726.472.06$9,837
Jan 20165,51527.352.36$13,039
Dec 20155,49632.362.00$11,000
Nov 20155,14938.792.17$11,160
Oct 20155,29643.552.43$12,851
Sep 20155,45942.992.76$15,058
Aug 20155,91740.162.87$16,997
Jul 20156,56648.152.95$19,337
Jun 20156,37956.152.88$18,390
May 20156,70755.212.96$19,822
Apr 20156,28549.822.71$17,011
Mar 20157,12242.892.93$20,901
Feb 20156,75444.662.98$20,101
Jan 20157,98543.433.10$24,759
Dec 20148,69154.693.59$31,213
Nov 20149,05670.464.25$38,505
Oct 201410,14178.303.90$39,560
Sep 201410,45886.164.05$42,307
Aug 201411,65389.394.04$47,021
Jul 201412,79896.564.18$53,491
Jun 201413,50998.164.74$63,991
May 201414,50594.734.73$68,559
Apr 201415,21895.944.81$73,185
Mar 201417,72695.895.06$89,637
Feb 201417,82997.406.19$110,397
Jan 201422,53990.404.86$109,556
Dec 201325,38491.824.35$110,534
Nov 201328,03188.853.74$104,788
Oct 201333,94297.423.78$128,279
Sep 201338,398104.113.72$142,754
Aug 201344,685104.253.52$157,408
Jul 201350,983102.523.72$189,542
Jun 201357,29194.403.93$225,349
May 201362,90994.834.15$261,014
Apr 201378,00693.964.28$334,068
Mar 2013116,90293.623.91$457,422
Feb 201372,10791.233.42$246,599
Jan 201315,22091.603.42$52,051

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
Gas                  227 Mcf  × $  3.05 =       $691

────────────────────────────────────────────────────
Month total                                     $691

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/269376 is the state's own key, not one this site invented.