SCHMIDT FAMILY 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 270360District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.2 M
May 2013 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
157
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 Gas112014-05-14212246
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
CondensateDisposition98,502 bbl$7,799,556
GasProduction1,795,728 Mcf$6,431,586
Total$14,231,142

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 28.6311, -98.0880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63109, -98.08805 · 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
12,894 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 12,894 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-2973532802H12,894 ftMay 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 (157)

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

157 months

May 2026813,420106.413.05$19,036
Apr 2026833,11098.932.87$17,136
Mar 2026843,28289.753.15$17,875
Feb 2026883,07263.503.75$17,109
Jan 2026253,14059.138.00$26,592
Dec 2025913,13856.664.41$19,005
Nov 20251103,89858.593.93$21,750
Oct 20251766,02359.383.30$30,356
Sep 2025791,89062.743.08$10,772
Aug 2025019663.933.01$591
Jul 2025019766.743.32$653
Jun 2025441966.483.13$1,577
May 20251574,53860.553.23$24,175
Apr 2025026062.363.54$921
Mar 2025933,02767.704.27$19,216
Feb 20251754,07470.884.34$30,089
Jan 20252874474.324.28$5,264
Dec 20241073,43068.993.12$18,088
Nov 2024943,25469.052.20$13,644
Oct 20241003,51871.372.28$15,163
Sep 20241003,46969.612.36$15,163
Aug 20241143,57275.632.06$15,993
Jul 20241163,76879.932.15$17,360
Jun 20241133,89278.082.63$19,074
May 20241304,32278.812.20$19,747
Apr 2024642,06784.451.66$8,834
Mar 20241164,22180.301.55$15,837
Feb 20241434,26076.091.78$18,479
Jan 2024952,91473.023.30$16,546
Dec 20231033,02671.262.61$15,240
Nov 20231394,04977.892.81$22,195
Oct 20231313,77185.443.09$22,835
Sep 20231514,31789.042.74$25,252
Aug 20231654,23980.522.67$24,616
Jul 20231029574.852.64$1,528
Jun 2023401,15068.962.26$5,356
May 2023121870.622.23$556
Apr 20233194478.122.24$4,534
Mar 2023802,56372.852.39$11,962
Feb 20231253,50175.112.47$18,021
Jan 20232024,97976.533.39$32,327
Dec 20221303,41976.415.73$29,521
Nov 20221403,59985.005.65$32,221
Oct 20221142,98687.185.86$27,448
Sep 20221293,65184.888.16$40,755
Aug 2022892,70094.529.13$33,056
Jul 2022842,731101.587.54$29,130
Jun 20221224,772115.097.98$52,108
May 20221334,497109.378.43$52,470
Apr 20221414,772104.226.84$47,324
Mar 20221605,054108.885.08$43,077
Feb 20221583,98591.054.86$33,748
Jan 20221585,64181.844.54$38,528
Dec 20211845,69371.323.90$35,321
Nov 20211335,90677.435.24$41,227
Oct 20211063,91179.795.71$30,805
Sep 20211375,06369.865.35$36,663
Aug 20211425,11366.024.22$30,955
Jul 20211535,21470.783.98$31,592
Jun 20211375,49269.493.38$28,087
May 20211585,45263.483.02$26,482
Apr 20211795,82560.362.76$26,872
Mar 20211686,64661.302.72$28,355
Feb 20211182,68357.805.55$21,706
Jan 20211755,87950.412.81$25,343
Dec 20201715,32344.642.68$21,875
Nov 20201525,11838.772.71$19,745
Oct 20201505,23736.972.48$18,525
Sep 20201385,04537.091.99$15,163
Aug 20201455,10539.982.39$17,973
Jul 20201605,46638.371.83$16,115
Jun 20201675,57734.901.69$15,255
May 20201815,93016.921.81$13,824
Apr 20201755,88814.751.80$13,205
Mar 20201916,23330.341.86$17,365
Feb 20201756,02249.881.98$20,657
Jan 20201826,21057.252.09$23,428
Dec 20191816,61659.012.30$25,926
Nov 20191566,09455.302.75$25,390
Oct 20191385,79853.472.42$21,402
Sep 20191636,02855.052.66$24,991
Aug 20191766,37553.112.30$24,038
Jul 20191866,28656.272.46$25,930
Jun 20192166,20052.782.49$26,846
May 20192026,47258.482.74$29,548
Apr 20192116,36662.632.75$30,726
Mar 20192256,68756.803.06$33,256
Feb 20192086,17050.852.79$27,805
Jan 20192366,94046.033.23$33,267
Dec 20182337,05546.594.19$40,384
Nov 20182166,88952.934.24$40,623
Oct 20182177,28361.443.40$38,081
Sep 20182097,13459.543.11$34,616
Aug 20182277,55559.403.07$36,652
Jul 20182257,44365.142.93$36,478
Jun 20182297,40260.183.08$36,557
May 20182697,70965.382.90$39,949
Apr 20182707,59463.842.90$39,265
Mar 20183077,64261.222.79$40,092
Feb 20182877,05361.782.77$37,240
Jan 20183188,03962.874.01$52,224
Dec 20172997,82757.272.92$39,990
Nov 20172968,03455.423.12$41,457
Oct 20173158,73149.292.98$41,577
Sep 20173038,82047.523.09$41,628
Aug 20173028,57145.373.00$39,452
Jul 20173329,19143.873.09$42,940
Jun 20173349,04942.493.09$42,128
May 20173559,48945.373.26$47,073
Apr 20173579,41147.933.21$47,335
Mar 20173879,71246.772.98$47,077
Feb 20173528,85150.452.95$43,892
Jan 201744211,22149.413.42$60,202
Dec 201648511,61248.763.72$66,878
Nov 201648811,47842.492.64$51,087
Oct 201649012,26546.193.09$60,535
Sep 201643612,35541.553.10$56,424
Aug 201646113,60541.442.92$58,889
Jul 201643212,33841.622.92$54,060
Jun 201648913,56545.352.69$58,609
May 201655014,59042.521.99$52,435
Apr 201657714,82536.561.99$50,612
Mar 201664416,38133.011.79$50,646
Feb 201675316,65326.472.06$54,298
Jan 201669914,35727.352.36$53,063
Dec 201575015,37932.362.00$55,050
Nov 201577416,12638.792.17$64,974
Oct 201582517,96243.552.43$79,515
Sep 201597819,94842.992.76$97,069
Aug 201588717,03240.162.87$84,546
Jul 201584415,90948.152.95$87,492
Jun 201584315,36456.152.88$91,627
May 201593516,51755.212.96$100,437
Apr 201595016,42749.822.71$91,790
Mar 20151,07118,45742.892.93$100,101
Feb 201595716,73044.662.98$92,531
Jan 20151,14519,90643.433.10$111,448
Dec 20141,17420,97454.693.59$139,531
Nov 20141,22521,74770.464.25$178,778
Oct 20141,34223,54678.303.90$196,931
Sep 20141,44623,21186.164.05$218,486
Aug 20141,63924,24289.394.04$244,330
Jul 20141,79326,09396.564.18$282,190
Jun 20141,85526,89798.164.74$309,495
May 20142,06930,36394.734.73$339,509
Apr 20142,11330,86295.944.81$351,140
Mar 20142,46135,58595.895.06$415,932
Feb 20142,30534,37397.406.19$437,345
Jan 20142,77439,70390.404.86$443,755
Dec 20133,05644,27291.824.35$473,383
Nov 20133,19444,99788.853.74$451,998
Oct 20134,01556,07997.423.78$603,084
Sep 20134,24856,226104.113.72$651,293
Aug 20135,13168,007104.253.52$774,469
Jul 20136,13278,875102.523.72$921,889
Jun 20137,30087,42494.403.93$1,032,994
May 20137,30980,72994.834.15$1,028,064

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            81 bbl  × $106.41 =     $8,619
Gas                3,420 Mcf  × $  3.05 =    $10,417

────────────────────────────────────────────────────
Month total                                  $19,036

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/270360 is the state's own key, not one this site invented.