KENNEDY

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 270339District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.7 M
Mar 2013 – May 2026
Value, last 12 filed months
$179 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 Gas112014-01-10212199
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
CondensateDisposition238,794 bbl$18,321,788
GasProduction1,467,960 Mcf$5,335,912
Total$23,657,700

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 28.7538, -98.0164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75376, -98.01641 · 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
12,190 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 12,190 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-255328504H12,190 ftApr 2021

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 20261441,224106.413.05$19,051
Apr 20268177698.932.87$10,240
Mar 20261011,38689.753.15$13,430
Feb 20261001,53363.503.75$12,099
Jan 2026181,68559.138.00$14,541
Dec 2025122,42156.664.41$11,365
Nov 20251262,78958.593.93$18,333
Oct 20253394,30959.383.30$34,370
Sep 20252991,52062.743.08$23,436
Aug 2025901063.933.01$5,784
Jul 20253066.743.32$200
Jun 20251751,53266.483.13$16,427
May 20252703,18860.553.23$26,653
Apr 2025132,10262.363.54$8,258
Mar 20251221,78267.704.27$15,866
Feb 20250070.884.34$0
Jan 2025738474.324.28$2,163
Dec 20246784368.993.12$7,254
Nov 20241442,89269.052.20$16,301
Oct 20243543,84971.372.28$34,046
Sep 20242863,13369.612.36$27,316
Aug 20243075,26675.632.06$34,085
Jul 2024141,65579.932.15$4,672
Jun 20242082,58078.082.63$23,036
May 20245103,40378.812.20$47,674
Apr 20245483,30584.451.66$51,762
Mar 20247284,51080.301.55$65,427
Feb 20241921,57776.091.78$17,422
Jan 2024014473.023.30$475
Dec 202308071.262.61$209
Nov 2023093977.892.81$2,636
Oct 2023371385.443.09$2,458
Sep 20231823,42189.042.74$25,562
Aug 20232392,73480.522.67$26,552
Jul 2023041674.852.64$1,099
Jun 20232540168.962.26$2,630
May 20239375670.622.23$8,252
Apr 20231121,06278.122.24$11,126
Mar 2023762,69572.852.39$11,986
Feb 20231961,30475.112.47$17,937
Jan 20232881,92776.533.39$28,569
Dec 20223422,02176.415.73$37,711
Nov 20223772,36085.005.65$45,370
Oct 20223752,22087.185.86$45,710
Sep 20223902,22284.888.16$51,243
Aug 20223743,33394.529.13$65,771
Jul 20221994,054101.587.54$50,790
Jun 20221991,666115.097.98$36,193
May 20223443,220109.378.43$64,778
Apr 20223573,040104.226.84$57,993
Mar 20223982,753108.885.08$57,310
Feb 20224152,27191.054.86$48,820
Jan 20222241,05281.844.54$23,106
Dec 20217996571.323.90$9,397
Nov 20211881,31277.435.24$21,428
Oct 20214512,94979.795.71$52,835
Sep 20214362,98869.865.35$46,448
Aug 20216024,03166.024.22$56,757
Jul 20216974,29470.783.98$66,433
Jun 20211,0187,67669.493.38$96,690
May 20211901,64863.483.02$17,034
Apr 20217647,18360.362.76$65,929
Mar 202154561.302.72$429
Feb 2021616657.805.55$1,268
Jan 20211613950.412.81$1,197
Dec 2020608944.642.68$2,917
Nov 20203473,01238.772.71$21,605
Oct 20204383,75536.972.48$25,499
Sep 20204783,85837.091.99$25,410
Aug 20204884,05839.982.39$29,189
Jul 20205394,10638.371.83$28,175
Jun 20206474,73634.901.69$30,586
May 20206734,85516.921.81$20,198
Apr 20202720014.751.80$759
Mar 20204132,83030.341.86$17,784
Feb 20203052,07449.881.98$19,321
Jan 20204612,54857.252.09$31,730
Dec 20193401,89659.012.30$24,432
Nov 20198154,87955.302.75$58,490
Oct 20195633,78053.472.42$39,246
Sep 20197134,82055.052.66$52,059
Aug 20195505,85653.112.30$42,705
Jul 20195714,38356.272.46$42,913
Jun 20196375,02152.782.49$46,129
May 20197485,17658.482.74$57,927
Apr 20195803,44762.632.75$45,807
Mar 20195121,06756.803.06$32,349
Feb 20195332,33650.852.79$33,626
Jan 20195363,63246.033.23$36,397
Dec 20185372,70146.594.19$36,324
Nov 20184423,01852.934.24$36,183
Oct 20186244,47861.443.40$53,555
Sep 20185893,74659.543.11$46,712
Aug 20187454,55859.403.07$58,230
Jul 20186614,92165.142.93$57,485
Jun 20186504,64660.183.08$53,412
May 20186055,58065.382.90$55,741
Apr 20182,2035,27463.842.90$155,938
Mar 20181,3255,73461.222.79$97,096
Feb 20181,5617,73661.782.77$117,837
Jan 20183112,18062.874.01$28,293
Dec 20171,02495157.272.92$61,423
Nov 20171,0381,81155.423.12$63,173
Oct 20171,1511,37549.292.98$60,835
Sep 20171,42113,87147.523.09$110,350
Aug 20171,38110,51145.373.00$94,235
Jul 20173,18720,21843.873.09$202,232
Jun 20171,3639,69642.493.09$87,848
May 20177335,35645.373.26$50,735
Apr 20176964,69947.933.21$48,451
Mar 20171,2079,11646.772.98$83,651
Feb 20179366,90750.452.95$67,615
Jan 20171,2329,66049.413.42$93,899
Dec 20161,0769,20348.763.72$86,727
Nov 20161,66411,59942.492.64$101,375
Oct 20162,44416,20446.193.09$162,963
Sep 20163,07512,03141.553.10$165,070
Aug 20167707,16141.442.92$52,850
Jul 20161,19810,85641.622.92$81,607
Jun 20161,19510,72645.352.69$83,001
May 20161,38512,01942.521.99$82,821
Apr 20161,33710,95936.561.99$70,701
Mar 20161,45610,01033.011.79$66,021
Feb 20161,3909,70326.472.06$56,817
Jan 20161,61111,63527.352.36$71,570
Dec 20151,34010,13032.362.00$63,637
Nov 20151,37311,00438.792.17$77,108
Oct 20151,74914,02943.552.43$110,211
Sep 20151,75113,64442.992.76$112,911
Aug 20151,80315,02240.162.87$115,559
Jul 20152,24217,12948.152.95$158,399
Jun 20151,67913,77456.152.88$133,984
May 20151,97616,59655.212.96$158,144
Apr 20151,99620,26349.822.71$154,284
Mar 20152,75724,14642.892.93$189,109
Feb 20153,13926,24544.662.98$218,298
Jan 20153,15118,48243.433.10$194,154
Dec 20142,88119,32754.693.59$226,972
Nov 20143,01625,26770.464.25$319,939
Oct 20143,90424,74778.303.90$402,220
Sep 20143,17820,13086.164.05$355,251
Aug 20142,62118,64389.394.04$309,518
Jul 20141,79410,66496.564.18$217,800
Jun 20143,72124,86698.164.74$483,041
May 20144,27427,90194.734.73$536,752
Apr 20144,41329,73395.944.81$566,373
Mar 20145,26122,01895.895.06$615,818
Feb 20145,20130,21897.406.19$693,687
Jan 20145,16127,73090.404.86$601,342
Dec 20135,99531,09491.824.35$685,859
Nov 20136,29532,60688.853.74$681,201
Oct 20136,91736,27597.423.78$810,950
Sep 20137,32838,143104.113.72$904,724
Aug 20136,15630,525104.253.52$749,291
Jul 20137,56038,132102.523.72$916,816
Jun 201310,62463,03994.403.93$1,250,864
May 201314,34175,54894.834.15$1,673,412
Apr 201318,20786,30293.964.28$2,080,326
Mar 201313,87551,47193.623.91$1,500,377

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           144 bbl  × $106.41 =    $15,323
Gas                1,224 Mcf  × $  3.05 =     $3,728

────────────────────────────────────────────────────
Month total                                  $19,051

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/270339 is the state's own key, not one this site invented.