LEY

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 272175District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Jan 2014 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
149
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

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 Gas112014-07-23213535
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
CondensateDisposition26,038 bbl$2,053,333
GasProduction887,531 Mcf$3,317,818
Total$5,371,152

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 29.1966, -97.2970. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.19661, -97.29701 · 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
13,751 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 13,751 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-123332981H13,751 ftJan 2014

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 (149)

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

149 months

May 2026077106.413.05$235
Apr 20260098.932.87$0
Mar 202605389.753.15$167
Feb 20260063.503.75$0
Jan 2026018459.138.00$1,472
Dec 2025014356.664.41$631
Nov 202508858.593.93$346
Oct 20250059.383.30$0
Sep 2025011962.743.08$366
Aug 20250063.933.01$0
Jul 2025012466.743.32$411
Jun 202503566.483.13$110
May 20250060.553.23$0
Apr 202501,09962.363.54$3,894
Mar 2025033067.704.27$1,409
Feb 20250070.884.34$0
Jan 2025050974.324.28$2,178
Dec 202401,72968.993.12$5,397
Nov 20240069.052.20$0
Oct 2024014371.372.28$326
Sep 202402869.612.36$66
Aug 2024910475.632.06$895
Jul 20244617379.932.15$4,048
Jun 202409578.082.63$250
May 2024016178.812.20$354
Apr 2024324684.451.66$27,372
Mar 202403280.301.55$49
Feb 2024014776.091.78$262
Jan 2024068673.023.30$2,262
Dec 2023016371.262.61$426
Nov 202302,37377.892.81$6,662
Oct 202310013385.443.09$8,955
Sep 20231034189.042.74$1,823
Aug 20231972980.522.67$3,478
Jul 2023048674.852.64$1,284
Jun 2023013068.962.26$294
May 2023020670.622.23$459
Apr 20230078.122.24$0
Mar 202304,20172.852.39$10,054
Feb 202304,93475.112.47$12,166
Jan 2023097976.533.39$3,317
Dec 20220076.415.73$0
Nov 202202085.005.65$113
Oct 202203,29887.185.86$19,339
Sep 20220084.888.16$0
Aug 20221437894.529.13$4,773
Jul 202200101.587.54$0
Jun 2022094115.097.98$750
May 20220896109.378.43$7,556
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202201,49691.054.86$7,269
Jan 202202,07781.844.54$9,425
Dec 202105,26971.323.90$20,544
Nov 2021046377.435.24$2,425
Oct 202102,11779.795.71$12,096
Sep 202105,50669.865.35$29,462
Aug 202107266.024.22$304
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021096257.805.55$5,337
Jan 2021082250.412.81$2,310
Dec 20200044.642.68$0
Nov 202002,16438.772.71$5,857
Oct 202004,73536.972.48$11,735
Sep 202003,62437.091.99$7,216
Aug 202006,84439.982.39$16,324
Jul 2020812,41238.371.83$7,510
Jun 20203210,93934.901.69$19,607
May 202001,08516.921.81$1,969
Apr 202007,49114.751.80$13,517
Mar 20201996,08330.341.86$17,329
Feb 20200049.881.98$0
Jan 2020053957.252.09$1,129
Dec 20192931,27559.012.30$20,228
Nov 201902,30755.302.75$6,346
Oct 20195045,29153.472.42$39,745
Sep 20190055.052.66$0
Aug 20196401,36153.112.30$37,127
Jul 201904,70956.272.46$11,584
Jun 2019564,23952.782.49$13,516
May 201904,86358.482.74$13,326
Apr 201906,59762.632.75$18,146
Mar 20192075,12656.803.06$27,454
Feb 2019731,20150.852.79$7,066
Jan 201902,28646.033.23$7,380
Dec 201803,24846.594.19$13,594
Nov 20184851,00752.934.24$29,938
Oct 20182923,62561.443.40$30,259
Sep 20187274,18359.543.11$56,286
Aug 201805,50059.403.07$16,866
Jul 201803,19665.142.93$9,370
Jun 20181013,67960.183.08$17,398
May 20181304,15765.382.90$20,558
Apr 201804,28163.842.90$12,418
Mar 20182555,50861.222.79$30,961
Feb 20185602,70361.782.77$42,074
Jan 20181153,75962.874.01$22,301
Dec 201702,27057.272.92$6,632
Nov 201704,20855.423.12$13,122
Oct 2017462,69549.292.98$10,308
Sep 201703,33347.523.09$10,290
Aug 2017823,39845.373.00$13,929
Jul 201764,01643.873.09$12,662
Jun 201703,75242.493.09$11,583
May 201703,76245.373.26$12,277
Apr 201704,51647.933.21$14,504
Mar 201715,16646.772.98$15,460
Feb 201704,99850.452.95$14,757
Jan 201704,44749.413.42$15,203
Dec 201604,22448.763.72$15,725
Nov 201605,97942.492.64$15,811
Oct 201618,82246.193.09$27,308
Sep 201607,83141.553.10$24,281
Aug 201606,95641.442.92$20,342
Jul 201606,70541.622.92$19,608
Jun 201606,46245.352.69$17,356
May 201616,11442.521.99$12,216
Apr 201606,75536.561.99$13,449
Mar 2016208,31333.011.79$15,574
Feb 2016667,60826.472.06$17,447
Jan 20161247,34527.352.36$20,758
Dec 20153027,09632.362.00$23,975
Nov 201508,95838.792.17$19,415
Oct 20152279,56543.552.43$33,096
Sep 20153549,70242.992.76$41,981
Aug 201522210,55640.162.87$39,238
Jul 201551011,73848.152.95$59,126
Jun 201526510,82856.152.88$46,095
May 201533813,22255.212.96$57,738
Apr 201551614,15049.822.71$64,005
Mar 201544220,36142.892.93$78,711
Feb 201552344.662.98$2,331
Jan 201519128,03443.433.10$95,218
Dec 201434478,99054.693.59$302,495
Nov 201476016,45770.464.25$123,522
Oct 201468318,28878.303.90$124,820
Sep 201495720,14286.164.05$163,938
Aug 201490622,87389.394.04$173,283
Jul 20141,31525,52496.564.18$233,657
Jun 20141,41728,36198.164.74$273,435
May 20142,00134,24394.734.73$351,406
Apr 20142,51845,48195.944.81$460,301
Mar 20143,08549,21595.895.06$544,691
Feb 20142,76761,35697.406.19$649,422
Jan 201424738,48690.404.86$209,398

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                   77 Mcf  × $  3.05 =       $235

────────────────────────────────────────────────────
Month total                                     $235

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/272175 is the state's own key, not one this site invented.