CHOATE 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 269398District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$37.4 M
Mar 2013 – May 2026
Value, last 12 filed months
$218 k
at the published price for each month
Months reported
159
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 Gas112013-12-17211365
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
CondensateDisposition403,999 bbl$33,463,802
GasProduction1,042,020 Mcf$3,953,001
Total$37,416,803

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 28.8861, -97.7793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88612, -97.77926 · 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
12,874 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 12,874 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-2553260203H12,874 ftMar 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 (159)

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

159 months

May 2026148452106.413.05$17,125
Apr 202617054398.932.87$18,376
Mar 202616286289.753.15$17,254
Feb 202625388263.503.75$19,373
Jan 202618783659.138.00$17,744
Dec 202527127156.664.41$16,551
Nov 202517955858.593.93$12,679
Oct 202523576159.383.30$16,469
Sep 202527292762.743.08$19,918
Aug 202539382463.933.01$27,609
Jul 202513886366.743.32$12,071
Jun 20252821,28566.483.13$22,768
May 202511537360.553.23$8,169
Apr 20253441,59962.363.54$27,117
Mar 20250767.704.27$30
Feb 202512550470.884.34$11,048
Jan 202522092074.324.28$20,287
Dec 202418297368.993.12$15,593
Nov 202421089869.052.20$16,475
Oct 20242501,02671.372.28$20,183
Sep 202423299369.612.36$18,497
Aug 20243561,24675.632.06$29,496
Jul 20242851,08879.932.15$25,116
Jun 20242321,00178.082.63$20,751
May 20243641,14878.812.20$31,211
Apr 20243381,07884.451.66$30,333
Mar 202435793680.301.55$30,113
Feb 202431257776.091.78$24,769
Jan 202432757473.023.30$25,770
Dec 202339297971.262.61$30,490
Nov 20232931,04877.892.81$25,764
Oct 20233521,10085.443.09$33,471
Sep 20233021,11689.042.74$29,942
Aug 20233281,15380.522.67$29,492
Jul 20234581,31674.852.64$37,758
Jun 20232721,49568.962.26$22,134
May 20232791,67870.622.23$23,441
Apr 20233601,45978.122.24$31,388
Mar 20234301,49072.852.39$34,891
Feb 20234481,35475.112.47$36,988
Jan 20235321,55076.533.39$45,965
Dec 20225521,48076.415.73$50,657
Nov 20224981,41285.005.65$50,302
Oct 20225271,54787.185.86$55,015
Sep 20226091,49584.888.16$63,897
Aug 20223861,41894.529.13$49,427
Jul 20224041,623101.587.54$53,279
Jun 20224501,559115.097.98$64,227
May 20223431,815109.378.43$52,820
Apr 20225772,120104.226.84$74,631
Mar 20224891,885108.885.08$62,811
Feb 20222581,59991.054.86$31,260
Jan 20224432,38481.844.54$47,073
Dec 20214632,08971.323.90$41,166
Nov 20213141,78477.435.24$33,656
Oct 20213002,62679.795.71$38,942
Sep 20212931,99469.865.35$31,139
Aug 20216742,09666.024.22$53,344
Jul 20217281,92270.783.98$59,181
Jun 20216912,06169.493.38$54,985
May 20217022,08663.483.02$50,858
Apr 202171317160.362.76$43,508
Mar 20216401,22961.302.72$42,571
Feb 20213821,68457.805.55$31,422
Jan 20214771,87850.412.81$29,323
Dec 20204941,99744.642.68$27,395
Nov 20205862,12938.772.71$28,482
Oct 20205932,37536.972.48$27,809
Sep 20207152,90137.091.99$32,295
Aug 20206692,47339.982.39$32,645
Jul 20207252,74238.371.83$32,823
Jun 20206912,90034.901.69$29,018
May 20206833,04016.921.81$17,073
Apr 20205912,53614.751.80$13,293
Mar 20205903,27030.341.86$23,970
Feb 20206493,35949.881.98$39,025
Jan 20205453,74457.252.09$39,044
Dec 20195923,30059.012.30$42,538
Nov 20194433,39055.302.75$33,823
Oct 20195491,90353.472.42$33,958
Sep 20197402,95055.052.66$48,576
Aug 20196352,60453.112.30$39,725
Jul 201960098356.272.46$36,180
Jun 20196891,82452.782.49$40,909
May 20196902,31758.482.74$46,701
Apr 20196152,16262.632.75$44,464
Mar 20196642,18156.803.06$44,394
Feb 20196552,19650.852.79$39,438
Jan 20198083,24246.033.23$47,658
Dec 20186192,00446.594.19$37,227
Nov 20186272,55152.934.24$43,996
Oct 20187742,50661.443.40$56,070
Sep 20187702,53159.543.11$53,712
Aug 20188272,74959.403.07$57,554
Jul 20189602,88965.142.93$71,005
Jun 20188202,94060.183.08$58,394
May 20181,1784,68065.382.90$90,593
Apr 20185332,07563.842.90$40,046
Mar 20184061,53061.222.79$29,119
Feb 20188963,36461.782.77$64,660
Jan 20181,0193,60162.874.01$78,502
Dec 20176212,59757.272.92$43,152
Nov 20172971,03655.423.12$19,690
Oct 20179543,48249.292.98$57,412
Sep 20179873,44347.523.09$57,532
Aug 20179723,52345.373.00$54,684
Jul 20171,0643,75743.873.09$58,277
Jun 20179983,60542.493.09$53,535
May 20171,1034,05245.373.26$63,266
Apr 20171,1193,99247.933.21$66,454
Mar 20171,2184,23246.772.98$69,593
Feb 20171,0973,77950.452.95$66,502
Jan 20171,2804,56049.413.42$78,835
Dec 20161,1984,45948.763.72$75,015
Nov 20161,2714,74242.492.64$66,544
Oct 20161,4345,35746.193.09$82,791
Sep 20161,4586,06841.553.10$79,395
Aug 20161,7746,55241.442.92$92,675
Jul 20161,7404,74841.622.92$86,304
Jun 20161,6884,61045.352.69$88,932
May 20161,8674,89842.521.99$89,137
Apr 20161,9114,88736.561.99$79,596
Mar 20161,9114,89633.011.79$71,866
Feb 20162,0395,01726.472.06$64,326
Jan 20162,2185,66927.352.36$74,066
Dec 20151,7894,76632.362.00$67,431
Nov 20152,1936,04438.792.17$98,166
Oct 20152,3746,64043.552.43$119,500
Sep 20152,4797,09642.992.76$126,146
Aug 20152,7569,06340.162.87$136,714
Jul 20152,5547,03648.152.95$143,697
Jun 20152,8247,91556.152.88$181,385
May 20153,5999,82055.212.96$227,723
Apr 20155,96013,96349.822.71$334,719
Mar 20159371,98742.892.93$46,019
Feb 20151,9324,46444.662.98$99,569
Jan 20153,3208,07743.433.10$169,231
Dec 20143,4768,14454.693.59$219,350
Nov 20144,0329,88170.464.25$326,107
Oct 20145,05613,29078.303.90$447,729
Sep 20145,34514,26286.164.05$518,221
Aug 20146,20016,64289.394.04$621,370
Jul 20147,31218,69196.564.18$784,168
Jun 20147,79420,35998.164.74$861,497
May 20149,25023,54394.734.73$987,530
Apr 201410,41025,38295.944.81$1,120,800
Mar 201411,98927,84995.895.06$1,290,452
Feb 201412,63328,82197.406.19$1,408,914
Jan 201414,56533,61890.404.86$1,480,084
Dec 201317,53139,28491.824.35$1,780,758
Nov 201319,14644,23688.853.74$1,866,489
Oct 201317,69940,61097.423.78$1,877,716
Sep 201310,24424,796104.113.72$1,158,688
Aug 201323,91457,356104.253.52$2,695,077
Jul 201322,78453,177102.523.72$2,533,514
Jun 201319,46443,95094.403.93$2,010,275
May 201320,26844,36794.834.15$2,106,097
Apr 201320,62942,87893.964.28$2,121,930
Mar 201321,38442,41493.623.91$2,167,931

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           148 bbl  × $106.41 =    $15,749
Gas                  452 Mcf  × $  3.05 =     $1,377

────────────────────────────────────────────────────
Month total                                  $17,125

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/269398 is the state's own key, not one this site invented.