LONG 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 270364District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.9 M
Feb 2013 – May 2026
Value, last 12 filed months
$138 k
at the published price for each month
Months reported
160
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 Gas112014-05-14212215
NGPA2none

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
CondensateDisposition320,681 bbl$25,536,523
GasProduction1,698,604 Mcf$6,352,200
Total$31,888,723

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 28.9187, -97.7017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.91867, -97.70168 · 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
13,469 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 13,469 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-2553263202H13,469 ftFeb 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 (160)

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

160 months

May 202677106.413.05$766
Apr 202612973898.932.87$14,880
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250556.664.41$22
Nov 20250058.593.93$0
Oct 2025515859.383.30$819
Sep 20251441,13362.743.08$12,521
Aug 20251891,16563.933.01$15,595
Jul 20254013,05966.743.32$36,904
Jun 20256264,90266.483.13$56,953
May 20259487,00260.553.23$80,034
Apr 20251,1526,34362.363.54$94,313
Mar 20251,5288,57667.704.27$140,051
Feb 20251,4419,94070.884.34$145,286
Jan 20251,87413,65474.324.28$197,697
Dec 20242,16515,23268.993.12$196,908
Nov 20242,67019,88569.052.20$228,079
Oct 20242,68619,71171.372.28$236,669
Sep 20240069.612.36$0
Aug 2024155175.632.06$1,240
Jul 202417980779.932.15$16,040
Jun 2024516578.082.63$825
May 202416698878.812.20$15,255
Apr 202481,18284.451.66$2,637
Mar 20241751,69380.301.55$16,668
Feb 2024161,70576.091.78$4,259
Jan 2024271,60273.023.30$7,254
Dec 20231481,09871.262.61$13,413
Nov 20237443477.892.81$6,982
Oct 202312852085.443.09$12,542
Sep 202313860589.042.74$13,942
Aug 202313859280.522.67$12,694
Jul 202314165674.852.64$12,287
Jun 202311971868.962.26$9,828
May 202314595170.622.23$12,358
Apr 2023614578.122.24$4,866
Mar 202311717072.852.39$8,930
Feb 20233272,60075.112.47$30,972
Jan 20232301,16976.533.39$21,562
Dec 20222431,07776.415.73$24,738
Nov 20223494,36385.005.65$54,299
Oct 20226527,14287.185.86$98,720
Sep 20227988,46784.888.16$136,856
Aug 20228712,85594.529.13$108,385
Jul 20226502,190101.587.54$82,544
Jun 2022180115.097.98$2,072
May 20221401,052109.378.43$24,183
Apr 20224512,347104.226.84$63,051
Mar 20224462,201108.885.08$59,734
Feb 20223682,12091.054.86$43,807
Jan 20223882,63781.844.54$43,720
Dec 20212851,80971.323.90$27,380
Nov 20212331,27877.435.24$24,734
Oct 20212921,77579.795.71$33,441
Sep 20213292,02769.865.35$33,830
Aug 20215092,42366.024.22$43,831
Jul 20214362,64670.783.98$41,397
Jun 20214292,64569.493.38$38,753
May 20214052,73863.483.02$33,972
Apr 20214862,81360.362.76$37,094
Mar 20215213,24961.302.72$40,765
Feb 20213702,31257.805.55$34,213
Jan 20214922,83750.412.81$32,774
Dec 20203852,04744.642.68$22,663
Nov 20203992,08138.772.71$21,102
Oct 20204592,50136.972.48$23,168
Sep 20204352,24637.091.99$20,606
Aug 20204342,60439.982.39$23,562
Jul 20204262,29038.371.83$20,525
Jun 20204582,52134.901.69$20,245
May 20204862,55516.921.81$12,860
Apr 20204702,64814.751.80$11,711
Mar 20204443,40830.341.86$19,797
Feb 20203862,97149.881.98$25,138
Jan 20204343,91357.252.09$33,043
Dec 20193292,65459.012.30$25,530
Nov 20193473,59655.302.75$29,081
Oct 20193553,20153.472.42$26,724
Sep 20196663,90855.052.66$47,048
Aug 20197804,20853.112.30$51,123
Jul 20197684,19356.272.46$53,530
Jun 20197384,02352.782.49$48,974
May 20198344,18358.482.74$60,235
Apr 20197654,01362.632.75$58,951
Mar 20197634,26856.803.06$56,407
Feb 20197994,36350.852.79$52,812
Jan 20197175,23146.033.23$49,890
Dec 20187013,98546.594.19$49,339
Nov 20188784,91252.934.24$67,286
Oct 20188664,98061.443.40$70,129
Sep 20188354,86859.543.11$64,846
Aug 20188865,11459.403.07$68,311
Jul 20189225,02965.142.93$74,804
Jun 20187604,20460.183.08$58,672
May 20188624,37865.382.90$69,057
Apr 20187673,80563.842.90$60,003
Mar 20188084,35361.222.79$61,597
Feb 20186243,50261.782.77$48,238
Jan 20187784,61062.874.01$67,396
Dec 20178964,82057.272.92$65,396
Nov 20178695,24255.423.12$64,506
Oct 20178995,57649.292.98$60,949
Sep 20179766,11747.523.09$65,264
Aug 20171,0926,23845.373.00$68,285
Jul 20171,0966,60843.873.09$68,482
Jun 20171,0686,52942.493.09$65,536
May 20171,1276,71545.373.26$73,046
Apr 20171,1076,28547.933.21$73,243
Mar 20171,2576,95946.772.98$79,553
Feb 20171,1456,66150.452.95$77,433
Jan 20171,3817,89349.413.42$95,220
Dec 20161,0536,84648.763.72$76,831
Nov 20169636,14142.492.64$57,157
Oct 20161,3278,55646.193.09$87,734
Sep 20169826,49441.553.10$60,938
Aug 20161,3769,00341.442.92$83,349
Jul 20161,4429,39441.622.92$87,487
Jun 20161,4569,52745.352.69$91,618
May 20161,54610,37942.521.99$86,401
Apr 20161,71610,91236.561.99$84,463
Mar 20161,68310,03833.011.79$73,564
Feb 20161,87411,22526.472.06$72,769
Jan 20162,08713,31827.352.36$88,568
Dec 20152,54113,89832.362.00$110,042
Nov 20152,73613,64138.792.17$135,694
Oct 20151,0865,16143.552.43$59,819
Sep 20151,8239,08942.992.76$103,442
Aug 20151,8639,98840.162.87$103,509
Jul 20152,23311,35948.152.95$140,972
Jun 20152,49315,43556.152.88$184,479
May 20152,70816,97755.212.96$199,683
Apr 20152,80117,34649.822.71$186,494
Mar 20153,30519,38542.892.93$198,641
Feb 20153,20719,03844.662.98$199,885
Jan 20153,43719,97443.433.10$211,201
Dec 20144,25022,62154.693.59$313,673
Nov 20144,20323,52870.464.25$396,181
Oct 20144,70926,42278.303.90$471,786
Sep 20144,92027,36386.164.05$534,603
Aug 20145,58730,69589.394.04$623,280
Jul 20146,10432,71796.564.18$726,146
Jun 20146,55334,33698.164.74$805,888
May 20147,66139,53394.734.73$912,582
Apr 20148,14141,62295.944.81$981,213
Mar 20148,21240,26595.895.06$991,061
Feb 20148,81640,73297.406.19$1,110,891
Jan 20149,83242,53490.404.86$1,095,559
Dec 20139,86345,96991.824.35$1,105,792
Nov 201310,22448,80788.853.74$1,090,857
Oct 201310,86152,74397.423.78$1,257,413
Sep 201311,88359,251104.113.72$1,457,419
Aug 201312,67463,469104.253.52$1,544,841
Jul 201310,58349,801102.523.72$1,270,116
Jun 201310,77449,60094.403.93$1,212,163
May 201313,21761,25294.834.15$1,507,508
Apr 201314,97968,39493.964.28$1,700,330
Mar 201317,95379,68593.623.91$1,992,557
Feb 20136,78430,86891.233.42$724,470

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             7 bbl  × $106.41 =       $745
Gas                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                     $766

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/270364 is the state's own key, not one this site invented.