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LIVE OAK PARTNERS 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 270526District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.0 M
May 2013 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
157
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (EAGLE FORD) field

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 Gas112014-05-14212217
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
CondensateDisposition257,316 bbl$21,269,474
GasProduction1,257,668 Mcf$4,771,361
Total$26,040,835

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 28.5784, -98.2169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57837, -98.21694 · 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
12,737 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 12,737 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-2973532001H12,737 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 2026029106.413.05$88
Apr 20260198.932.87$3
Mar 2026173189.753.15$1,623
Feb 202684663.503.75$681
Jan 20260059.138.00$0
Dec 202531556.664.41$236
Nov 202593858.593.93$677
Oct 202553959.383.30$426
Sep 202562662.743.08$456
Aug 202594663.933.01$714
Jul 2025134966.743.32$1,030
Jun 2025114966.483.13$885
May 2025126260.553.23$927
Apr 2025197362.363.54$1,443
Mar 20252612367.704.27$2,285
Feb 20257936170.884.34$7,167
Jan 20252831,36674.324.28$26,877
Dec 20243221,65068.993.12$27,365
Nov 20243922,00169.052.20$31,467
Oct 20245042,45871.372.28$41,578
Sep 20247062,53269.612.36$55,131
Aug 20248923,66675.632.06$75,027
Jul 20241,6995,58179.932.15$147,781
Jun 20241,5457,79678.082.63$141,168
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202401680.301.55$25
Feb 2024102876.091.78$811
Jan 202422461773.023.30$18,391
Dec 202331971.262.61$263
Nov 202320254877.892.81$17,272
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202304180.522.67$110
Jul 202301774.852.64$45
Jun 202301868.962.26$41
May 2023229470.622.23$1,763
Apr 20231810778.122.24$1,646
Mar 202333398672.852.39$26,619
Feb 202316773875.112.47$14,363
Jan 202316793476.533.39$15,945
Dec 20222081,36576.415.73$23,713
Nov 20227541585.005.65$8,718
Oct 202218492087.185.86$21,436
Sep 202213768884.888.16$17,245
Aug 202215489094.529.13$22,679
Jul 2022150769101.587.54$21,037
Jun 20222131,081115.097.98$33,138
May 20221971,114109.378.43$30,940
Apr 20221991,100104.226.84$28,261
Mar 20222281,239108.885.08$31,114
Feb 202217080191.054.86$19,370
Jan 20221781,12381.844.54$19,663
Dec 20211841,00471.323.90$17,038
Nov 20211541,01477.435.24$17,234
Oct 20212331,24879.795.71$25,722
Sep 20212431,16469.865.35$23,204
Aug 20211831,16066.024.22$16,978
Jul 20212051,42570.783.98$20,184
Jun 20211931,36169.493.38$18,013
May 20212061,44663.483.02$17,440
Apr 20212071,39960.362.76$16,354
Mar 20212191,58261.302.72$17,723
Feb 20211771,07657.805.55$16,200
Jan 20212141,48550.412.81$14,961
Dec 20202431,49744.642.68$14,853
Nov 20202231,53938.772.71$12,811
Oct 20202131,48236.972.48$11,548
Sep 20202131,54637.091.99$10,978
Aug 20202191,65039.982.39$12,691
Jul 20202151,69038.371.83$11,334
Jun 20202221,53534.901.69$10,342
May 20202351,67916.921.81$7,023
Apr 20202251,64514.751.80$6,287
Mar 20202431,73230.341.86$10,588
Feb 20202231,61949.881.98$14,330
Jan 20202541,77257.252.09$18,253
Dec 20192381,76559.012.30$18,112
Nov 20192381,82455.302.75$18,179
Oct 20192212,20053.472.42$17,138
Sep 20192752,08155.052.66$20,669
Aug 20192912,19853.112.30$20,520
Jul 20192932,22756.272.46$21,966
Jun 20192892,17652.782.49$20,674
May 20193222,28658.482.74$25,095
Apr 20193202,33762.632.75$26,470
Mar 20193432,41756.803.06$26,884
Feb 20193462,24450.852.79$23,860
Jan 20194652,53446.033.23$29,584
Dec 20182992,44846.594.19$24,176
Nov 20183422,36852.934.24$28,136
Oct 20183612,45161.443.40$30,509
Sep 20183552,40559.543.11$28,611
Aug 20184472,52859.403.07$34,304
Jul 20184322,59565.142.93$35,749
Jun 20184332,57560.183.08$33,981
May 20185392,72465.382.90$43,142
Apr 20184892,69463.842.90$39,033
Mar 20184562,91261.222.79$36,032
Feb 20184382,67661.782.77$34,462
Jan 20184763,05262.874.01$42,163
Dec 20174723,14057.272.92$36,205
Nov 20174743,23655.423.12$36,360
Oct 20174713,36849.292.98$33,265
Sep 20174973,56147.523.09$34,611
Aug 20174883,56945.373.00$32,863
Jul 20175353,80143.873.09$35,205
Jun 20175493,83842.493.09$35,176
May 20175854,09545.373.26$39,905
Apr 20176074,04847.933.21$42,094
Mar 20176814,39746.772.98$44,970
Feb 20176474,09950.452.95$44,744
Jan 20177564,59649.413.42$53,067
Dec 20166414,47548.763.72$47,915
Nov 20166314,73942.492.64$39,343
Oct 20167555,46046.193.09$51,746
Sep 20167895,39841.553.10$49,520
Aug 20168365,68441.442.92$51,266
Jul 20168765,79341.622.92$53,400
Jun 20168225,60045.352.69$52,318
May 20169426,97442.521.99$53,939
Apr 20169727,18036.561.99$49,832
Mar 20161,0677,97633.011.79$49,531
Feb 20161,1488,24426.472.06$47,400
Jan 20161,2527,23527.352.36$51,348
Dec 20151,3707,97332.362.00$60,290
Nov 20151,3768,02538.792.17$70,768
Oct 20151,6109,26143.552.43$92,588
Sep 20151,4658,88242.992.76$87,481
Aug 20152,03711,79340.162.87$115,681
Jul 20152,31412,97448.152.95$149,629
Jun 20152,76114,67056.152.88$197,322
May 20153,91318,60855.212.96$271,032
Apr 20152,73111,20049.822.71$166,372
Mar 20153331,89742.892.93$19,850
Feb 20154,17623,82644.662.98$257,411
Jan 20155,07928,66143.433.10$309,448
Dec 20145,51531,26654.693.59$413,903
Nov 20145,63031,88070.464.25$532,238
Oct 20146,45736,46178.303.90$647,816
Sep 20147,11936,83086.164.05$762,367
Aug 20147,75439,45089.394.04$852,316
Jul 20149,12346,02096.564.18$1,073,262
Jun 20149,08143,95598.164.74$1,099,601
May 20149,90847,05394.734.73$1,160,984
Apr 201410,18547,27595.944.81$1,204,500
Mar 201411,30451,25995.895.06$1,343,147
Feb 201410,03243,92697.406.19$1,249,107
Jan 20146,45427,52790.404.86$717,243
Dec 20130091.824.35$0
Nov 20136,41428,77788.853.74$677,460
Oct 201313,82459,64097.423.78$1,572,135
Sep 201314,63062,229104.113.72$1,754,481
Aug 201315,96868,606104.253.52$1,906,336
Jul 201316,35866,798102.523.72$1,925,360
Jun 201316,01859,28394.403.93$1,745,284
May 20135,23114,98494.834.15$558,226

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             0 bbl  × $106.41 =         $0
Gas                   29 Mcf  × $  3.05 =        $88

────────────────────────────────────────────────────
Month total                                      $88

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/270526 is the state's own key, not one this site invented.