HERRING RANCH 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 269501District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Dec 2011 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
174
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 Gas112014-06-30211346
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
CondensateDisposition24 bbl$2,354
GasProduction1,763,141 Mcf$5,696,757
Total$5,699,111

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 28.4073, -98.2571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40729, -98.25709 · 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
14,494 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 14,494 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-2973504901H14,494 ftDec 2011

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 (174)

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

174 months

May 20260566106.413.05$1,724
Apr 2026090698.932.87$2,600
Mar 202601,21289.753.15$3,817
Feb 20260063.503.75$0
Jan 2026020959.138.00$1,672
Dec 2025040056.664.41$1,765
Nov 2025027058.593.93$1,060
Oct 2025049059.383.30$1,619
Sep 2025074362.743.08$2,286
Aug 20250063.933.01$0
Jul 2025045266.743.32$1,498
Jun 2025055666.483.13$1,740
May 2025040360.553.23$1,303
Apr 2025038862.363.54$1,375
Mar 2025056967.704.27$2,429
Feb 2025069770.884.34$3,026
Jan 2025055374.324.28$2,366
Dec 2024043968.993.12$1,370
Nov 2024051669.052.20$1,134
Oct 2024048771.372.28$1,111
Sep 2024054269.612.36$1,281
Aug 2024046775.632.06$964
Jul 2024057079.932.15$1,224
Jun 2024054578.082.63$1,436
May 2024058478.812.20$1,284
Apr 2024070084.451.66$1,161
Mar 2024061280.301.55$946
Feb 2024077576.091.78$1,382
Jan 2024096973.023.30$3,195
Dec 2023088671.262.61$2,313
Nov 2023068977.892.81$1,934
Oct 2023078985.443.09$2,436
Sep 2023070889.042.74$1,936
Aug 2023071680.522.67$1,914
Jul 2023084174.852.64$2,222
Jun 2023077868.962.26$1,757
May 202301,00570.622.23$2,239
Apr 202301,04878.122.24$2,345
Mar 202301,29972.852.39$3,109
Feb 2023085375.112.47$2,103
Jan 202301,15076.533.39$3,896
Dec 2022059376.415.73$3,397
Nov 202201,01485.005.65$5,725
Oct 2022080587.185.86$4,720
Sep 202201,21284.888.16$9,894
Aug 202201,24894.529.13$11,391
Jul 202201,231101.587.54$9,284
Jun 202201,255115.097.98$10,011
May 202201,237109.378.43$10,432
Apr 20220809104.226.84$5,532
Mar 202201,207108.885.08$6,127
Feb 202201,32091.054.86$6,414
Jan 202201,38981.844.54$6,303
Dec 202101,12371.323.90$4,379
Nov 202101,48377.435.24$7,766
Oct 202101,43079.795.71$8,171
Sep 202101,51669.865.35$8,112
Aug 202101,16466.024.22$4,913
Jul 202101,04870.783.98$4,173
Jun 202101,35269.493.38$4,571
May 202101,24163.483.02$3,745
Apr 202101,48260.362.76$4,088
Mar 202101,92761.302.72$5,236
Feb 202101,05957.805.55$5,875
Jan 202101,21650.412.81$3,417
Dec 202001,34044.642.68$3,585
Nov 202001,53738.772.71$4,160
Oct 202001,66836.972.48$4,134
Sep 202001,57237.091.99$3,130
Aug 202001,81839.982.39$4,336
Jul 202001,78438.371.83$3,256
Jun 202001,89834.901.69$3,208
May 202001,79516.921.81$3,257
Apr 202002,01914.751.80$3,643
Mar 202002,05530.341.86$3,815
Feb 202001,79049.881.98$3,545
Jan 202002,11957.252.09$4,439
Dec 201901,66859.012.30$3,844
Nov 201901,72155.302.75$4,734
Oct 201902,13853.472.42$5,171
Sep 201902,15955.052.66$5,737
Aug 201902,48953.112.30$5,736
Jul 201902,40556.272.46$5,916
Jun 201902,42152.782.49$6,031
May 201902,61258.482.74$7,158
Apr 201902,47762.632.75$6,813
Mar 201902,65656.803.06$8,133
Feb 201902,49050.852.79$6,953
Jan 201902,81146.033.23$9,074
Dec 201802,73446.594.19$11,443
Nov 201802,59752.934.24$11,004
Oct 201803,16861.443.40$10,765
Sep 201802,49759.543.11$7,761
Aug 201802,90959.403.07$8,921
Jul 201802,68965.142.93$7,884
Jun 201803,03060.183.08$9,323
May 201803,22265.382.90$9,346
Apr 201802,77363.842.90$8,044
Mar 201803,34561.222.79$9,322
Feb 201802,47661.782.77$6,849
Jan 201803,23562.874.01$12,970
Dec 201703,03357.272.92$8,861
Nov 201703,09455.423.12$9,648
Oct 201703,18549.292.98$9,503
Sep 201703,12147.523.09$9,635
Aug 201703,61145.373.00$10,849
Jul 201703,53743.873.09$10,920
Jun 201703,51642.493.09$10,855
May 201703,79145.373.26$12,372
Apr 201703,81447.933.21$12,249
Mar 201703,92346.772.98$11,705
Feb 201703,65950.452.95$10,804
Jan 201704,38749.413.42$14,998
Dec 201604,58748.763.72$17,077
Nov 201604,50942.492.64$11,923
Oct 201604,83446.193.09$14,938
Sep 201604,81041.553.10$14,914
Aug 201605,13941.442.92$15,028
Jul 201605,24141.622.92$15,326
Jun 201605,27345.352.69$14,162
May 201605,37642.521.99$10,704
Apr 201605,53236.561.99$11,014
Mar 201605,72233.011.79$10,265
Feb 201605,78626.472.06$11,940
Jan 201606,47227.352.36$15,302
Dec 201506,62032.362.00$13,249
Nov 201506,13538.792.17$13,297
Oct 201506,47943.552.43$15,722
Sep 201506,40242.992.76$17,659
Aug 201507,30540.162.87$20,984
Jul 201507,65248.152.95$22,536
Jun 201507,32056.152.88$21,103
May 201507,85355.212.96$23,209
Apr 201507,26649.822.71$19,666
Mar 201508,31442.892.93$24,399
Feb 201508,05044.662.98$23,958
Jan 201509,27543.433.10$28,758
Dec 201409,72454.693.59$34,922
Nov 2014010,00170.464.25$42,523
Oct 2014010,91978.303.90$42,595
Sep 2014010,81186.164.05$43,735
Aug 2014011,89089.394.04$47,978
Jul 2014012,58896.564.18$52,613
Jun 2014012,48898.164.74$59,154
May 2014012,85894.734.73$60,774
Apr 2014013,21895.944.81$63,567
Mar 2014014,63795.895.06$74,016
Feb 2014013,66297.406.19$84,595
Jan 2014015,94390.404.86$77,494
Dec 2013017,37091.824.35$75,637
Nov 2013016,99088.853.74$63,513
Oct 2013018,26297.423.78$69,019
Sep 2013019,389104.113.72$72,083
Aug 2013018,558104.253.52$65,373
Jul 2013021,499102.523.72$79,928
Jun 2013021,74194.403.93$85,516
May 2013023,90694.834.15$99,188
Apr 2013027,06593.964.28$115,908
Mar 2013033,11293.623.91$129,563
Feb 2013034,69291.233.42$118,644
Jan 2013044,48191.603.42$152,121
Dec 2012053,18686.773.42$181,905
Nov 2012063,76786.953.62$231,153
Oct 2012082,08089.383.40$279,046
Sep 20120100,11494.672.92$292,173
Aug 20120128,87092.662.91$374,775
Jul 20120183,32785.133.02$553,794
Jun 20120232,88679.822.52$586,649
May 2012085,07191.612.49$211,684
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201224098.092.73$2,354
Dec 2011053,55396.873.24$173,498

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                  566 Mcf  × $  3.05 =     $1,724

────────────────────────────────────────────────────
Month total                                   $1,724

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/269501 is the state's own key, not one this site invented.