SCHULZ 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 270399District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
May 2013 – May 2026
Value, last 12 filed months
$58 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 Gas112013-11-12211841
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
CondensateDisposition21,615 bbl$1,739,965
GasProduction682,800 Mcf$2,446,888
Total$4,186,853

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 28.5386, -98.1610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.53856, -98.16099 · 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
13,289 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 13,289 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-2973531801H13,289 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 2026291,486106.413.05$7,612
Apr 2026201,35298.932.87$5,858
Mar 2026271,15089.753.15$6,045
Feb 2026101,83063.503.75$7,498
Jan 2026011059.138.00$880
Dec 20250056.664.41$0
Nov 2025111,01658.593.93$4,634
Oct 2025191,17459.383.30$5,008
Sep 2025191,17662.743.08$4,811
Aug 2025221,31963.933.01$5,383
Jul 2025191,10866.743.32$4,941
Jun 2025211,20766.483.13$5,172
May 2025231,24560.553.23$5,417
Apr 2025211,18362.363.54$5,501
Mar 2025241,23567.704.27$6,896
Feb 2025171,12570.884.34$6,088
Jan 2025201,19274.324.28$6,587
Dec 2024111,18068.993.12$4,442
Nov 2024201,24469.052.20$4,116
Oct 2024211,29971.372.28$4,462
Sep 2024211,21769.612.36$4,339
Aug 2024241,32675.632.06$4,551
Jul 2024211,26779.932.15$4,398
Jun 2024201,23178.082.63$4,804
May 2024211,28878.812.20$4,487
Apr 2024161,02284.451.66$3,047
Mar 2024231,43880.301.55$4,069
Feb 2024351176.091.78$2,683
Jan 2024642073.023.30$4,739
Dec 2023231471.262.61$1,676
Nov 20231668577.892.81$3,169
Oct 2023281,04185.443.09$5,606
Sep 2023221,11089.042.74$4,995
Aug 2023231,18780.522.67$5,025
Jul 2023291,11574.852.64$5,116
Jun 2023090368.962.26$2,039
May 2023181,04470.622.23$3,597
Apr 2023051978.122.24$1,161
Mar 202301,34172.852.39$3,209
Feb 2023241,17675.112.47$4,702
Jan 2023531,54776.533.39$9,297
Dec 2022571,55476.415.73$13,258
Nov 2022381,42485.005.65$11,270
Oct 2022371,44787.185.86$11,711
Sep 2022281,17384.888.16$11,953
Aug 20222196494.529.13$10,784
Jul 2022421,272101.587.54$13,860
Jun 2022691,959115.097.98$23,569
May 2022742,064109.378.43$25,499
Apr 2022351,227104.226.84$12,037
Mar 2022571,791108.885.08$15,298
Feb 2022451,75791.054.86$12,634
Jan 2022461,97981.844.54$12,745
Dec 2021492,00171.323.90$11,297
Nov 2021341,95177.435.24$12,850
Oct 2021391,83479.795.71$13,591
Sep 2021681,92069.865.35$15,024
Aug 2021612,03866.024.22$12,629
Jul 2021482,05470.783.98$11,577
Jun 2021432,02569.493.38$9,834
May 2021422,15863.483.02$9,178
Apr 2021462,20960.362.76$8,870
Mar 2021442,24661.302.72$8,799
Feb 2021461,78357.805.55$12,551
Jan 2021592,21350.412.81$9,193
Dec 2020392,20644.642.68$7,643
Nov 2020172,11738.772.71$6,389
Oct 2020322,21336.972.48$6,668
Sep 2020432,15537.091.99$5,886
Aug 2020442,31139.982.39$7,271
Jul 2020422,27838.371.83$5,769
Jun 2020312,22934.901.69$4,850
May 2020332,34516.921.81$4,814
Apr 2020682,29714.751.80$5,148
Mar 2020132,60530.341.86$5,230
Feb 2020152,37149.881.98$5,444
Jan 2020332,42157.252.09$6,961
Dec 2019442,49659.012.30$8,348
Nov 2019462,49955.302.75$9,418
Oct 2019502,26753.472.42$8,156
Sep 2019372,33655.052.66$8,244
Aug 2019392,48453.112.30$7,795
Jul 2019572,54056.272.46$9,456
Jun 2019412,46252.782.49$8,297
May 2019472,60158.482.74$9,876
Apr 2019472,50162.632.75$9,823
Mar 2019512,59756.803.06$10,849
Feb 2019472,34450.852.79$8,935
Jan 2019532,61746.033.23$10,888
Dec 2018522,58246.594.19$13,229
Nov 2018482,61052.934.24$13,600
Oct 2018492,76461.443.40$12,403
Sep 2018452,70759.543.11$11,093
Aug 2018482,85459.403.07$11,603
Jul 2018542,93865.142.93$12,131
Jun 2018692,87760.183.08$13,005
May 2018883,14365.382.90$14,871
Apr 2018802,91663.842.90$13,566
Mar 2018812,98561.222.79$13,278
Feb 2018782,72261.782.77$12,348
Jan 2018702,86162.874.01$15,872
Dec 2017642,85457.272.92$12,003
Nov 2017532,99955.423.12$12,289
Oct 2017673,19949.292.98$12,847
Sep 2017963,32047.523.09$14,812
Aug 20171003,17745.373.00$14,082
Jul 2017873,44443.873.09$14,449
Jun 2017933,59942.493.09$15,063
May 20171122,93145.373.26$14,646
Apr 20171193,44647.933.21$16,771
Mar 20171333,80946.772.98$17,585
Feb 20171163,67150.452.95$16,691
Jan 2017763,28349.413.42$14,979
Dec 2016813,52448.763.72$17,069
Nov 2016833,71742.492.64$13,356
Oct 2016823,91546.193.09$15,886
Sep 2016793,83441.553.10$15,170
Aug 2016844,08341.442.92$15,421
Jul 2016924,32841.622.92$16,486
Jun 2016873,97645.352.69$14,624
May 20161004,31042.521.99$12,833
Apr 20161144,89136.561.99$13,906
Mar 20161415,49533.011.79$14,512
Feb 20161535,53426.472.06$15,470
Jan 20161734,55827.352.36$15,508
Dec 20151564,39832.362.00$13,850
Nov 20151414,50938.792.17$15,242
Oct 20151494,85343.552.43$18,265
Sep 20151354,51042.992.76$18,244
Aug 20151394,85040.162.87$19,514
Jul 20151194,83948.152.95$19,981
Jun 20151285,21156.152.88$22,210
May 20151485,69455.212.96$24,999
Apr 20151495,77949.822.71$23,064
Mar 20151826,49042.892.93$26,852
Feb 20151826,40444.662.98$27,188
Jan 20152097,68543.433.10$32,905
Dec 20142227,31854.693.59$38,423
Nov 20142286,94870.464.25$45,607
Oct 20142347,63778.303.90$48,114
Sep 20142287,47786.164.05$49,892
Aug 20142077,14289.394.04$47,323
Jul 20142357,90996.564.18$55,748
Jun 20142668,47798.164.74$66,265
May 20143079,41394.734.73$73,573
Apr 201438510,97495.944.81$89,712
Mar 201443412,76895.895.06$106,181
Feb 201441311,50897.406.19$111,484
Jan 201453912,95390.404.86$111,687
Dec 201365817,59691.824.35$137,039
Nov 201366319,39088.853.74$131,393
Oct 201392427,55897.423.78$194,168
Sep 20131,11129,763104.113.72$226,317
Aug 20131,38436,796104.253.52$273,900
Jul 20131,89045,634102.523.72$363,418
Jun 20132,80550,64894.403.93$464,011
May 201356610,34594.834.15$96,596

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            29 bbl  × $106.41 =     $3,086
Gas                1,486 Mcf  × $  3.05 =     $4,526

────────────────────────────────────────────────────
Month total                                   $7,612

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/270399 is the state's own key, not one this site invented.