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LIVE OAK PARTNERS 02

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 272426District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Dec 2013 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
150
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 Gas112014-12-09213691
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
CondensateDisposition132,388 bbl$9,644,852
GasProduction669,520 Mcf$2,681,787
Total$12,326,639

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 28.5727, -98.2178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57269, -98.21783 · 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
12,801 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 12,801 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-2973537401H12,801 ftDec 2015——

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 (150)

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

150 months

May 2026103182106.413.05$11,515
Apr 20267828198.932.87$8,523
Mar 202610062989.753.15$10,956
Feb 20268353263.503.75$7,266
Jan 20269371359.138.00$11,202
Dec 202510577256.664.41$9,356
Nov 20259261458.593.93$7,801
Oct 20256474959.383.30$6,276
Sep 20255474262.743.08$5,671
Aug 20255784363.933.01$6,185
Jul 20256899066.743.32$7,820
Jun 2025751,10366.483.13$8,437
May 20254132960.553.23$3,546
Apr 20256039062.363.54$5,123
Mar 20258759767.704.27$8,438
Feb 202513958270.884.34$12,379
Jan 2025149274.324.28$1,434
Dec 202412424368.993.12$9,313
Nov 20249547169.052.20$7,595
Oct 202422655871.372.28$17,403
Sep 202411832969.612.36$8,992
Aug 20246036975.632.06$5,299
Jul 20248019679.932.15$6,815
Jun 202415039178.082.63$12,742
May 20243523878.812.20$3,282
Apr 202481584.451.66$700
Mar 2024956180.301.55$7,723
Feb 202468776.091.78$5,187
Jan 20243426173.023.30$25,174
Dec 20231154771.262.61$8,318
Nov 2023477977.892.81$3,883
Oct 202321624485.443.09$19,208
Sep 2023615789.042.74$5,587
Aug 20236738980.522.67$6,435
Jul 20233113674.852.64$2,680
Jun 202313779068.962.26$11,232
May 20232529870.622.23$2,429
Apr 202321263278.122.24$17,976
Mar 202336886072.852.39$28,867
Feb 202330586475.112.47$25,039
Jan 202334786376.533.39$29,480
Dec 202223197776.415.73$23,248
Nov 20229332885.005.65$9,757
Oct 202220992587.185.86$23,645
Sep 202220579384.888.16$23,874
Aug 202236872494.529.13$41,391
Jul 2022457492101.587.54$50,133
Jun 2022387615115.097.98$49,446
May 2022566686109.378.43$67,688
Apr 2022695664104.226.84$76,973
Mar 2022866722108.885.08$97,955
Feb 202283683491.054.86$80,170
Jan 202278181581.844.54$67,615
Dec 20211,07982071.323.90$80,152
Nov 202179185077.435.24$65,698
Oct 20219141,00979.795.71$78,693
Sep 20211,0041,01969.865.35$75,592
Aug 20211,0271,00666.024.22$72,048
Jul 202189994570.783.98$67,394
Jun 202163188469.493.38$46,837
May 202168375063.483.02$45,620
Apr 202195077260.362.76$59,472
Mar 202197887861.302.72$62,337
Feb 202167265457.805.55$42,470
Jan 202176375650.412.81$40,587
Dec 202059987944.642.68$29,091
Nov 20204361,11638.772.71$19,924
Oct 20204701,24436.972.48$20,459
Sep 202043089237.091.99$17,725
Aug 20205291,00739.982.39$23,551
Jul 20205551,20838.371.83$23,500
Jun 202038692434.901.69$15,033
May 202032883416.921.81$7,063
Apr 20203201,28414.751.80$7,037
Mar 20204062,60530.341.86$17,154
Feb 20203942,55349.881.98$24,709
Jan 20203082,64557.252.09$23,174
Dec 20193342,58659.012.30$25,668
Nov 20192822,53055.302.75$22,554
Oct 20192682,42753.472.42$20,200
Sep 20193552,31755.052.66$25,700
Aug 20193732,45953.112.30$25,476
Jul 20193702,45156.272.46$26,850
Jun 20194972,41752.782.49$32,253
May 20195552,52258.482.74$39,367
Apr 20195622,41962.632.75$41,852
Mar 20195392,56156.803.06$38,457
Feb 20194492,46250.852.79$29,706
Jan 20194552,62746.033.23$29,424
Dec 20184382,55946.594.19$31,117
Nov 20184362,54052.934.24$33,840
Oct 20184302,62761.443.40$35,346
Sep 20184542,65859.543.11$35,292
Aug 20186272,73659.403.07$45,634
Jul 20186312,67965.142.93$48,958
Jun 20185262,63360.183.08$39,756
May 20186322,67265.382.90$49,071
Apr 20185202,67863.842.90$40,965
Mar 20185132,77561.222.79$39,139
Feb 20185982,43861.782.77$43,688
Jan 20187502,70362.874.01$57,990
Dec 20176462,85757.272.92$45,343
Nov 20176612,77555.423.12$45,286
Oct 20176262,84749.292.98$39,350
Sep 20174682,88647.523.09$31,149
Aug 20175382,80745.373.00$32,842
Jul 20178323,16543.873.09$46,271
Jun 20177563,02842.493.09$41,471
May 20178693,16245.373.26$49,745
Apr 20175823,09747.933.21$37,842
Mar 20176133,26346.772.98$38,406
Feb 20176472,95950.452.95$41,378
Jan 20177493,32049.413.42$48,359
Dec 20168123,55148.763.72$52,813
Nov 20166983,38742.492.64$38,614
Oct 20166523,34446.193.09$40,450
Sep 20168733,31641.553.10$46,555
Aug 20165223,56141.442.92$32,045
Jul 20166043,67941.622.92$35,897
Jun 20169883,70545.352.69$54,757
May 20169043,92342.521.99$46,249
Apr 20167953,81436.561.99$36,659
Mar 20168694,11433.011.79$36,066
Feb 20169184,14826.472.06$32,859
Jan 20161,1714,15427.352.36$41,848
Dec 20157653,86832.362.00$32,497
Nov 20150038.792.17$0
Oct 201514192243.552.43$8,378
Sep 20151,2649,00342.992.76$79,173
Aug 20151,3019,35540.162.87$79,120
Jul 20151,2147,65248.152.95$80,990
Jun 20151,67111,07556.152.88$125,754
May 20151,54610,30655.212.96$115,814
Apr 20152,23015,64149.822.71$153,432
Mar 20158775,12542.892.93$52,655
Feb 20151,5909,60144.662.98$99,584
Jan 20151,6419,82743.433.10$101,739
Dec 20141,95512,99454.693.59$153,585
Nov 20141,93910,91670.464.25$183,035
Oct 20142,30216,73278.303.90$245,517
Sep 20142,79715,61786.164.05$304,167
Aug 20143,20420,12589.394.04$367,612
Jul 20143,61223,82696.564.18$448,358
Jun 20144,04628,45098.164.74$531,920
May 20144,93334,35994.734.73$629,703
Apr 20145,59737,80895.944.81$718,799
Mar 20146,97844,24895.895.06$892,874
Feb 20149,61952,99697.406.19$1,265,042
Jan 201410,17745,67090.404.86$1,141,990
Dec 20135,71136,61991.824.35$683,841

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           103 bbl  × $106.41 =    $10,960
Gas                  182 Mcf  × $  3.05 =       $554

────────────────────────────────────────────────────
Month total                                  $11,515

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/272426 is the state's own key, not one this site invented.