SCHULZ TRUST 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 269686District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Mar 2013 – May 2026
Value, last 12 filed months
$172 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 Gas112013-12-17211354
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
CondensateDisposition110,046 bbl$8,787,244
GasProduction1,149,620 Mcf$4,225,470
Total$13,012,715

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 28.5418, -98.1921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.54180, -98.19210 · 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
12,961 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 12,961 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-2973522901H12,961 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 20261191,840106.413.05$18,267
Apr 20261151,65498.932.87$16,123
Mar 20261251,75489.753.15$16,743
Feb 20261161,75963.503.75$13,963
Jan 20262783,26259.138.00$42,527
Dec 20250256.664.41$9
Nov 20252760458.593.93$3,954
Oct 20251091,56459.383.30$11,641
Sep 20251071,52462.743.08$11,402
Aug 20251121,63163.933.01$12,077
Jul 20251151,56966.743.32$12,877
Jun 20251131,56466.483.13$12,406
May 20251181,60860.553.23$12,342
Apr 20251231,63462.363.54$13,460
Mar 20251251,67567.704.27$15,612
Feb 20251091,45570.884.34$14,042
Jan 20251171,59474.324.28$15,516
Dec 20241221,67368.993.12$13,639
Nov 20241171,68669.052.20$11,785
Oct 20241191,70471.372.28$12,381
Sep 20241141,61869.612.36$11,761
Aug 20241241,68975.632.06$12,864
Jul 20241191,70179.932.15$13,163
Jun 20241101,67478.082.63$12,998
May 20241171,77878.812.20$13,130
Apr 20241151,72284.451.66$12,569
Mar 20241211,93780.301.55$12,709
Feb 20241031,86776.091.78$11,167
Jan 20241802,59573.023.30$21,701
Dec 20231611,09371.262.61$14,326
Nov 20232702,08077.892.81$26,870
Oct 202309285.443.09$284
Sep 2023012389.042.74$336
Aug 20232782,83780.522.67$29,968
Jul 2023841,08974.852.64$9,164
Jun 2023751,00368.962.26$7,437
May 20236993570.622.23$6,955
Apr 2023517678.122.24$784
Mar 20235177772.852.39$5,575
Feb 20231531,74975.112.47$15,804
Jan 20232922,46876.533.39$30,708
Dec 20222671,76676.415.73$30,519
Nov 20222393,23785.005.65$38,592
Oct 2022511587.185.86$1,110
Sep 2022841,36184.888.16$18,241
Aug 2022981,64194.529.13$24,241
Jul 20221471,560101.587.54$26,698
Jun 20222612,588115.097.98$50,683
May 20222552,686109.378.43$50,541
Apr 20221312,482104.226.84$30,624
Mar 20221792,150108.885.08$30,404
Feb 20221662,35591.054.86$26,557
Jan 20222642,68181.844.54$33,771
Dec 20213352,67071.323.90$34,303
Nov 20211702,64577.435.24$27,015
Oct 20211642,74279.795.71$28,753
Sep 20211922,75069.865.35$28,128
Aug 20211882,85466.024.22$24,457
Jul 20211722,89470.783.98$23,698
Jun 20211622,85369.493.38$20,902
May 20211773,05163.483.02$20,443
Apr 20211792,84860.362.76$18,660
Mar 20211913,14261.302.72$20,245
Feb 20211572,47057.805.55$22,778
Jan 20211892,96050.412.81$17,846
Dec 20202073,19844.642.68$17,797
Nov 20201823,34838.772.71$16,118
Oct 20201722,83936.972.48$13,395
Sep 20201883,23937.091.99$13,422
Aug 20201893,48439.982.39$15,866
Jul 20201863,28838.371.83$13,138
Jun 20201913,39234.901.69$12,399
May 20201603,48216.921.81$9,026
Apr 20201373,21914.751.80$7,829
Mar 20202313,78730.341.86$14,038
Feb 20202443,51049.881.98$19,123
Jan 20202353,71657.252.09$21,238
Dec 20192293,83359.012.30$22,346
Nov 20192103,76455.302.75$21,967
Oct 20191622,77153.472.42$15,364
Sep 20192192,80455.052.66$19,507
Aug 20192273,23553.112.30$19,511
Jul 20192133,62656.272.46$20,906
Jun 20192163,54752.782.49$20,237
May 20192383,69958.482.74$24,055
Apr 20192513,65762.632.75$25,779
Mar 20192623,71356.803.06$26,251
Feb 20192403,39550.852.79$21,684
Jan 20192723,80946.033.23$24,816
Dec 20182743,81046.594.19$28,712
Nov 20182583,81752.934.24$29,829
Oct 20182604,03661.443.40$29,689
Sep 20182443,97559.543.11$26,882
Aug 20182584,15659.403.07$28,070
Jul 20182664,21065.142.93$29,670
Jun 20182634,13560.183.08$28,550
May 20182954,30865.382.90$31,784
Apr 20182984,22263.842.90$31,272
Mar 20183444,34861.222.79$33,177
Feb 20183183,93161.782.77$30,520
Jan 20183424,46662.874.01$39,407
Dec 20173294,25057.272.92$31,258
Nov 20173344,50755.423.12$32,565
Oct 20173514,83449.292.98$31,724
Sep 20173344,67747.523.09$30,311
Aug 20173344,67045.373.00$29,184
Jul 20173364,83043.873.09$29,652
Jun 20173685,10642.493.09$31,400
May 20174025,32645.373.26$35,620
Apr 20174255,33647.933.21$37,507
Mar 20174555,52446.772.98$37,762
Feb 20174205,07150.452.95$36,162
Jan 20174735,78249.413.42$43,138
Dec 20164505,95548.763.72$44,111
Nov 20164355,93242.492.64$34,169
Oct 20164656,23446.193.09$40,743
Sep 20164726,30841.553.10$39,170
Aug 20165206,83241.442.92$41,528
Jul 20165466,85541.622.92$42,771
Jun 20165876,95845.352.69$45,308
May 20166397,39542.521.99$41,894
Apr 20166597,45736.561.99$38,940
Mar 20166508,08433.011.79$35,959
Feb 20167018,81826.472.06$36,753
Jan 20166846,92727.352.36$35,085
Dec 20157817,89332.362.00$41,070
Nov 20157207,98538.792.17$45,235
Oct 20157268,23443.552.43$51,598
Sep 20156427,31042.992.76$47,764
Aug 20157257,69540.162.87$51,220
Jul 20158548,47848.152.95$66,088
Jun 20157988,48656.152.88$69,272
May 20159109,57355.212.96$78,534
Apr 20159019,15849.822.71$69,675
Mar 20151,04010,17842.892.93$74,475
Feb 20159299,46644.662.98$69,662
Jan 20151,11711,24243.433.10$83,369
Dec 20141,10711,33454.693.59$101,246
Nov 20141,08211,52770.464.25$125,249
Oct 20141,15712,60378.303.90$139,757
Sep 20141,17311,94286.164.05$149,376
Aug 20141,27913,01189.394.04$166,831
Jul 20141,35813,84996.564.18$189,012
Jun 20141,45414,57498.164.74$211,760
May 20141,57415,91094.734.73$224,305
Apr 20141,74017,39495.944.81$250,585
Mar 20142,09720,59995.895.06$305,246
Feb 20142,00718,00097.406.19$306,938
Jan 20142,38922,49890.404.86$325,322
Dec 20132,65124,57091.824.35$350,404
Nov 20132,61526,05388.853.74$329,736
Oct 20133,26030,97497.423.78$434,651
Sep 20133,52932,684104.113.72$488,915
Aug 20134,34540,070104.253.52$594,117
Jul 20135,08045,621102.523.72$690,409
Jun 20136,37858,80994.403.93$833,403
May 20137,67168,83394.834.15$1,013,035
Apr 20139,11877,07493.964.28$1,186,804
Mar 20137,79059,29693.623.91$961,317

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           119 bbl  × $106.41 =    $12,663
Gas                1,840 Mcf  × $  3.05 =     $5,604

────────────────────────────────────────────────────
Month total                                  $18,267

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/269686 is the state's own key, not one this site invented.