WILLIAM KELLY 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 272352District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.4 M
Jan 2014 – May 2026
Value, last 12 filed months
$157 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 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 Gas112014-11-05213803
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
CondensateDisposition194,563 bbl$13,947,732
GasProduction1,460,946 Mcf$5,413,606
Total$19,361,337

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 28.5530, -98.2161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.55303, -98.21607 · 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
12,925 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 12,925 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-2973540203H12,925 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 20262652,073106.413.05$34,513
Apr 20265850198.932.87$7,176
Mar 2026107589.753.15$1,134
Feb 20262101,57963.503.75$19,257
Jan 20260059.138.00$0
Dec 20253129256.664.41$3,045
Nov 20251701,26758.593.93$14,935
Oct 20251631,17559.383.30$13,562
Sep 20251861,35862.743.08$15,848
Aug 20251921,40063.933.01$16,495
Jul 20251591,40366.743.32$15,263
Jun 20251661,45966.483.13$15,600
May 20251711,50160.553.23$15,206
Apr 20251791,49562.363.54$16,459
Mar 20251901,63667.704.27$19,846
Feb 20251341,15370.884.34$14,503
Jan 20251471,22974.324.28$16,184
Dec 20241781,54368.993.12$17,096
Nov 20241991,66469.052.20$17,399
Oct 20241721,12371.372.28$14,838
Sep 20241721,50869.612.36$15,538
Aug 20241851,52975.632.06$17,147
Jul 20241861,57979.932.15$18,256
Jun 20241791,59078.082.63$18,164
May 20242071,68278.812.20$20,011
Apr 20241851,68284.451.66$18,414
Mar 20242951,62880.301.55$26,204
Feb 20242141,86576.091.78$19,610
Jan 20243502,43673.023.30$33,590
Dec 20232838171.262.61$2,990
Nov 20232421,47577.892.81$22,991
Oct 20231271,25885.443.09$14,735
Sep 202315683889.042.74$16,182
Aug 20236391,05480.522.67$54,270
Jul 20236791,44174.852.64$54,630
Jun 20231671,64468.962.26$15,229
May 20231761,63670.622.23$16,073
Apr 20235886378.122.24$6,462
Mar 20231201,96872.852.39$13,452
Feb 20232661,75175.112.47$24,297
Jan 20233542,43976.533.39$35,354
Dec 20223852,81476.415.73$45,539
Nov 20222421,72485.005.65$30,304
Oct 20224463,28987.185.86$58,168
Sep 20226014,94784.888.16$91,399
Aug 20223152,65994.529.13$54,043
Jul 20222091,659101.587.54$33,743
Jun 20224753,714115.097.98$84,295
May 20224693,846109.378.43$83,728
Apr 20223663,257104.226.84$60,415
Mar 20224143,825108.885.08$64,494
Feb 20223443,40391.054.86$47,856
Jan 20223843,89881.844.54$49,114
Dec 20214603,93871.323.90$48,162
Nov 20213123,68177.435.24$43,435
Oct 20213493,99679.795.71$50,679
Sep 20213723,89769.865.35$46,840
Aug 20213614,23366.024.22$41,699
Jul 20213504,28970.783.98$41,852
Jun 20213594,15169.493.38$38,980
May 20214074,39863.483.02$39,108
Apr 20213694,34560.362.76$34,258
Mar 20213774,62561.302.72$35,676
Feb 20213284,14857.805.55$41,971
Jan 20213634,57650.412.81$31,159
Dec 20203694,60444.642.68$28,790
Nov 20203344,36938.772.71$24,774
Oct 20203564,72536.972.48$24,872
Sep 20203564,56937.091.99$22,301
Aug 20203945,00839.982.39$27,697
Jul 20204005,08838.371.83$24,634
Jun 20203814,87734.901.69$21,541
May 20204005,18216.921.81$16,172
Apr 20203865,11614.751.80$14,925
Mar 20204145,27030.341.86$22,343
Feb 20203884,90249.881.98$29,063
Jan 20204145,34657.252.09$34,900
Dec 20193955,44459.012.30$35,854
Nov 20193935,67055.302.75$37,329
Oct 20193555,55953.472.42$32,427
Sep 20194845,31255.052.66$40,760
Aug 20195125,62053.112.30$40,143
Jul 20195615,61856.272.46$45,388
Jun 20195555,73452.782.49$43,577
May 20195395,88958.482.74$47,658
Apr 20195685,82462.632.75$51,594
Mar 20195956,09356.803.06$52,453
Feb 20195465,56250.852.79$43,294
Jan 20196076,23346.033.23$48,061
Dec 20186156,32146.594.19$55,109
Nov 20185786,16452.934.24$56,712
Oct 20186146,52661.443.40$59,900
Sep 20186016,43059.543.11$55,768
Aug 20186446,76159.403.07$58,987
Jul 20186536,86765.142.93$62,670
Jun 20186446,74460.183.08$59,507
May 20186746,95365.382.90$64,235
Apr 20186936,90063.842.90$64,257
Mar 20187737,14261.222.79$67,227
Feb 20187656,53861.782.77$65,347
Jan 20188547,25562.874.01$82,779
Dec 20178527,43957.272.92$70,527
Nov 20177957,43655.423.12$67,247
Oct 20178067,95149.292.98$63,451
Sep 20177798,10047.523.09$62,025
Aug 20177537,82945.373.00$57,685
Jul 20178988,50843.873.09$65,662
Jun 20178828,30042.493.09$63,101
May 20179328,87445.373.26$71,244
Apr 20178658,51247.933.21$68,797
Mar 20179949,32046.772.98$74,297
Feb 20179258,57250.452.95$71,976
Jan 20171,0619,74549.413.42$85,740
Dec 20161,11010,07948.763.72$91,646
Nov 20161,07710,33842.492.64$73,099
Oct 20161,04810,87146.193.09$82,001
Sep 20161,10311,05141.553.10$80,095
Aug 20161,23011,89341.442.92$85,750
Jul 20161,23712,40941.622.92$87,772
Jun 20161,21512,48045.352.69$88,619
May 20161,36813,24142.521.99$84,531
Apr 20161,51413,95136.561.99$83,129
Mar 20161,77115,49533.011.79$86,259
Feb 20161,72814,79026.472.06$76,261
Jan 20161,84114,55627.352.36$84,767
Dec 20151,85614,49332.362.00$89,067
Nov 20151,81114,52238.792.17$101,723
Oct 20151,99316,62343.552.43$127,132
Sep 20152,09618,64242.992.76$141,530
Aug 20152,16921,37440.162.87$148,504
Jul 20152,52420,01048.152.95$180,462
Jun 20152,61220,89656.152.88$206,904
May 20152,91223,00255.212.96$228,753
Apr 20153,12624,11049.822.71$220,993
Mar 20153,72227,41242.892.93$240,083
Feb 20153,72426,08544.662.98$243,948
Jan 20154,12329,34443.433.10$270,047
Dec 20144,16529,42354.693.59$333,452
Nov 20144,50030,11370.464.25$445,106
Oct 20145,06734,08778.303.90$529,718
Sep 20145,57635,12386.164.05$622,516
Aug 20146,35539,99489.394.04$729,454
Jul 20147,79749,12496.564.18$958,197
Jun 20148,99058,30598.164.74$1,158,642
May 20149,86861,98594.734.73$1,227,771
Apr 201410,73465,03295.944.81$1,342,567
Mar 201411,48466,44395.895.06$1,437,190
Feb 201412,16967,02297.406.19$1,600,261
Jan 201412,57462,34290.404.86$1,439,717

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           265 bbl  × $106.41 =    $28,199
Gas                2,073 Mcf  × $  3.05 =     $6,314

────────────────────────────────────────────────────
Month total                                  $34,513

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/272352 is the state's own key, not one this site invented.