MEYER 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 271438District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.4 M
Oct 2013 – May 2026
Value, last 12 filed months
$214 k
at the published price for each month
Months reported
152
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 Gas112014-08-21212852
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
CondensateDisposition238,432 bbl$17,029,262
GasProduction1,481,339 Mcf$5,332,670
Total$22,361,932

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, -98.1043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63112, -98.10433 · 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
12,721 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 12,721 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-2973532701H12,721 ftOct 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 (152)

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

152 months

May 20262101,603106.413.05$27,229
Apr 20261951,43398.932.87$23,404
Mar 20261891,37989.753.15$21,306
Feb 20261741,24663.503.75$15,722
Jan 20261131,94259.138.00$22,214
Dec 20253124356.664.41$2,829
Nov 20251551,29258.593.93$14,154
Oct 20254421,48759.383.30$31,160
Sep 20251441,20262.743.08$12,733
Aug 20251591,48263.933.01$14,633
Jul 20251281,07666.743.32$12,110
Jun 20251751,44866.483.13$16,164
May 20251161,06560.553.23$10,466
Apr 20251861,49562.363.54$16,896
Mar 20251411,22967.704.27$14,791
Feb 20251381,19270.884.34$14,956
Jan 20251851,68874.324.28$20,972
Dec 20242411,92968.993.12$22,648
Nov 20241961,69769.052.20$17,265
Oct 20242381,99871.372.28$21,544
Sep 20242451,87569.612.36$21,488
Aug 20243572,92675.632.06$33,038
Jul 20243423379.932.15$3,218
Jun 20242812,08778.082.63$27,438
May 20245432878.812.20$4,977
Apr 20242241,52084.451.66$21,439
Mar 20241651,22580.301.55$15,142
Feb 20241471,24376.091.78$13,402
Jan 20242541,86373.023.30$24,691
Dec 20232251,75071.262.61$20,602
Nov 20233892,68977.892.81$37,849
Oct 20232062,05285.443.09$23,936
Sep 202301289.042.74$33
Aug 20231901,32380.522.67$18,835
Jul 20234982,21174.852.64$43,116
Jun 20232441,85068.962.26$21,004
May 20231241,53370.622.23$12,171
Apr 2023941,37878.122.24$10,427
Mar 20233332,57972.852.39$30,431
Feb 20233242,11975.112.47$29,560
Jan 20233663,05176.533.39$38,346
Dec 20222702,95676.415.73$37,566
Nov 20221751,51585.005.65$23,429
Oct 20222522,17987.185.86$34,746
Sep 20223493,13884.888.16$55,241
Aug 20222031,82694.529.13$35,854
Jul 20222963,039101.587.54$52,988
Jun 20223133,546115.097.98$64,310
May 20223563,726109.378.43$70,357
Apr 20223303,442104.226.84$57,928
Mar 20223963,722108.885.08$62,011
Feb 20223003,08991.054.86$42,324
Jan 20223613,68681.844.54$46,270
Dec 20214673,76671.323.90$47,991
Nov 20213423,67377.435.24$45,716
Oct 20213774,68879.795.71$56,867
Sep 20214195,85969.865.35$60,622
Aug 20213616,13266.024.22$49,714
Jul 20213304,80670.783.98$42,495
Jun 20213665,72569.493.38$44,787
May 20214076,09663.483.02$44,232
Apr 20213925,93460.362.76$40,030
Mar 20213845,28261.302.72$37,890
Feb 20213303,35057.805.55$37,660
Jan 20214174,42750.412.81$33,462
Dec 20204314,48344.642.68$31,234
Nov 20203994,26938.772.71$27,024
Oct 20204474,73836.972.48$28,268
Sep 20204384,76637.091.99$25,735
Aug 20204575,29839.982.39$30,907
Jul 20204755,40538.371.83$28,091
Jun 20204735,00534.901.69$24,968
May 20204975,32216.921.81$18,067
Apr 20204865,32514.751.80$16,777
Mar 20205465,68430.341.86$27,116
Feb 20205175,66749.881.98$37,012
Jan 20205065,30757.252.09$40,085
Dec 20195105,38459.012.30$42,502
Nov 20194875,51055.302.75$42,087
Oct 20194245,37353.472.42$35,666
Sep 20195845,28655.052.66$46,196
Aug 20195225,12753.112.30$39,538
Jul 20195995,55756.272.46$47,376
Jun 20195755,32452.782.49$43,612
May 20196335,64558.482.74$52,487
Apr 20196305,53662.632.75$54,685
Mar 20196625,74556.803.06$55,193
Feb 20196045,24450.852.79$45,356
Jan 20196745,83346.033.23$49,854
Dec 20186885,85846.594.19$56,572
Nov 20186475,75052.934.24$58,610
Oct 20186736,11161.443.40$62,115
Sep 20186596,03159.543.11$57,981
Aug 20187006,35059.403.07$61,053
Jul 20187006,37965.142.93$64,300
Jun 20187126,37260.183.08$62,454
May 20187666,57865.382.90$69,163
Apr 20187786,58863.842.90$68,778
Mar 20188076,49061.222.79$67,491
Feb 20188066,20461.782.77$66,956
Jan 20189276,95362.874.01$86,157
Dec 20179427,21957.272.92$75,039
Nov 20179287,21555.423.12$73,929
Oct 20179297,49449.292.98$68,150
Sep 20179437,69347.523.09$68,562
Aug 20178727,39445.373.00$61,777
Jul 20179998,13143.873.09$68,929
Jun 20179797,95042.493.09$66,142
May 20171,0198,30445.373.26$73,331
Apr 20171,0538,38447.933.21$77,396
Mar 20171,1058,85346.772.98$78,095
Feb 20179658,04950.452.95$72,450
Jan 20171,1899,60649.413.42$91,589
Dec 20161,2249,90348.763.72$96,549
Nov 20161,1799,71242.492.64$75,778
Oct 20161,25410,57846.193.09$90,611
Sep 20161,26110,71341.553.10$85,612
Aug 20161,29611,24441.442.92$86,588
Jul 20161,36111,61041.622.92$90,596
Jun 20161,37211,48645.352.69$93,070
May 20161,71212,51942.521.99$97,720
Apr 20161,75314,59936.561.99$93,157
Mar 20161,94316,11533.011.79$93,049
Feb 20161,97815,86826.472.06$85,103
Jan 20162,14713,61827.352.36$90,918
Dec 20152,25314,14832.362.00$101,223
Nov 20152,96616,32638.792.17$150,435
Oct 20153,42218,91243.552.43$194,920
Sep 20153,08118,61642.992.76$183,803
Aug 20153,07418,50940.162.87$176,619
Jul 20153,26720,03148.152.95$216,299
Jun 20153,23620,81756.152.88$241,714
May 20153,66023,86055.212.96$272,586
Apr 20153,74424,23349.822.71$252,114
Mar 20154,38527,54342.892.93$268,903
Feb 20154,21326,38744.662.98$266,685
Jan 20155,17632,13143.433.10$324,420
Dec 20145,86236,18254.693.59$450,535
Nov 20145,69233,59770.464.25$543,907
Oct 20146,47237,82278.303.90$654,300
Sep 20147,07737,36386.164.05$760,904
Aug 20147,18436,92089.394.04$791,154
Jul 20148,51844,56696.564.18$1,008,766
Jun 20149,14846,59298.164.74$1,118,668
May 20149,37044,36394.734.73$1,097,304
Apr 20145,85225,52795.944.81$684,203
Mar 20146,95533,41995.895.06$835,908
Feb 20149,91646,42897.406.19$1,253,301
Jan 20149,91743,23890.404.86$1,106,665
Dec 201313,67259,78091.824.35$1,515,674
Nov 201315,53663,88688.853.74$1,619,197
Oct 20136,43923,81497.423.78$717,289

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           210 bbl  × $106.41 =    $22,346
Gas                1,603 Mcf  × $  3.05 =     $4,882

────────────────────────────────────────────────────
Month total                                  $27,229

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/271438 is the state's own key, not one this site invented.