OLSON-ESSE UNIT

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 269502District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.5 M
May 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
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 Gas112013-12-11211284
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
CondensateDisposition178,730 bbl$14,197,020
GasProduction2,074,764 Mcf$7,276,320
Total$21,473,340

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 28.7338, -98.0051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73379, -98.00508 · 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
12,427 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 12,427 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-255323442H12,427 ftMay 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 (169)

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

169 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202341,90972.852.39$4,860
Feb 202373,24675.112.47$8,529
Jan 202312510,09876.533.39$43,775
Dec 20228039,14976.415.73$113,773
Nov 202277710,37185.005.65$124,602
Oct 20221,03110,22987.185.86$149,863
Sep 20221,03511,46984.888.16$181,480
Aug 20221,0163,33494.529.13$126,462
Jul 20221,481595101.587.54$154,928
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20213079.795.71$239
Sep 202111816569.865.35$9,126
Aug 20213427766.024.22$3,414
Jul 202152370.783.98$445
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201911153.112.30$78
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20195056.803.06$284
Feb 201942355850.852.79$23,068
Jan 201960646146.033.23$29,382
Dec 20182401,16146.594.19$16,041
Nov 20186966,42352.934.24$64,055
Oct 20181,5787,83961.443.40$123,590
Sep 20181,1441,88059.543.11$73,957
Aug 20181,3423,02859.403.07$89,000
Jul 20182,2393,91365.142.93$157,321
Jun 20182,1344,59660.183.08$142,566
May 20186885,18465.382.90$60,019
Apr 20189586,59663.842.90$80,292
Mar 20187466,02461.222.79$62,458
Feb 20183685,24061.782.77$37,230
Jan 20186146,34862.874.01$64,053
Dec 20175757,13357.272.92$53,769
Nov 20175536,91555.423.12$52,211
Oct 20173966,31649.292.98$38,364
Sep 20176706,53047.523.09$51,998
Aug 20174969,11845.373.00$49,898
Jul 201744112,19243.873.09$56,987
Jun 201746611,53842.493.09$55,421
May 201745812,49145.373.26$61,543
Apr 201766512,63047.933.21$72,436
Mar 201768413,13446.772.98$71,178
Feb 201783012,77750.452.95$79,599
Jan 201783513,50949.413.42$87,442
Dec 20161,05614,08048.763.72$103,908
Nov 20161,01413,72142.492.64$79,368
Oct 201694014,82646.193.09$89,235
Sep 201684713,83241.553.10$78,081
Aug 201641916,82041.442.92$66,551
Jul 20169036,95541.622.92$57,922
Jun 20162,42211,74645.352.69$141,385
May 201672913,48542.521.99$57,846
Apr 201681817,59136.561.99$64,930
Mar 201655520,64533.011.79$55,358
Feb 201651912,51326.472.06$39,560
Jan 201691119,71227.352.36$71,522
Dec 20151,06723,15232.362.00$80,865
Nov 20151,25822,89938.792.17$98,428
Oct 20151,27322,17343.552.43$109,244
Sep 20151,00819,29142.992.76$96,547
Aug 20151,19419,50740.162.87$103,985
Jul 20151,27520,93648.152.95$123,049
Jun 20151,29420,78956.152.88$132,590
May 20151,38022,13455.212.96$141,606
Apr 20151,19817,63949.822.71$107,426
Mar 20151,68114,87142.892.93$115,740
Feb 20151,34715,24244.662.98$105,520
Jan 20151,43117,38543.433.10$116,053
Dec 201473118,97654.693.59$108,128
Nov 20141,66419,28270.464.25$199,229
Oct 20141,77121,77778.303.90$223,621
Sep 20141,61323,07786.164.05$232,333
Aug 20141,49725,41189.394.04$236,353
Jul 20141,62724,74696.564.18$260,532
Jun 20141,62225,48398.164.74$279,925
May 20142,15128,18694.734.73$336,987
Apr 20142,06729,22595.944.81$338,855
Mar 20142,27630,58195.895.06$372,888
Feb 20141,94129,17497.406.19$369,699
Jan 20142,21034,93990.404.86$369,613
Dec 20132,34035,53891.824.35$369,608
Nov 20132,50738,17788.853.74$365,463
Oct 20132,80342,49797.423.78$433,680
Sep 20132,54833,056104.113.72$388,166
Aug 20133,16144,662104.253.52$486,861
Jul 20133,41843,631102.523.72$512,622
Jun 20133,24045,14194.403.93$483,414
May 20134,18751,07794.834.15$608,976
Apr 20133,91853,81993.964.28$598,620
Mar 20134,49261,05693.623.91$659,445
Feb 20137,15057,82691.233.42$850,054
Jan 20137,93472,50791.603.42$974,722
Dec 20126,86369,36286.773.42$832,732
Nov 20128,35157,17586.953.62$933,377
Oct 20127,36562,63989.383.40$871,236
Sep 20126,07162,68194.672.92$757,670
Aug 20126,25573,29892.662.91$792,751
Jul 20129,780112,88285.133.02$1,173,565
Jun 201210,83084,41279.822.52$1,077,088
May 20125186,11791.612.49$62,675

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.

Mar 2023 — as filed, then multipliedworked
Condensate             4 bbl  × $ 72.85 =       $291
Gas                1,909 Mcf  × $  2.39 =     $4,569

────────────────────────────────────────────────────
Month total                                   $4,860

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/269502 is the state's own key, not one this site invented.