MAY B UNIT

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 273487District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.1 M
Apr 2014 – May 2026
Value, last 12 filed months
$714 k
at the published price for each month
Months reported
146
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 Gas112014-10-24214390
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
CondensateDisposition162,649 bbl$10,968,037
GasProduction1,148,266 Mcf$4,086,164
Total$15,054,201

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 28.7754, -97.9557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77541, -97.95574 · 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
12,626 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 12,626 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-255335194H12,626 ftApr 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 (146)

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

146 months

May 2026224400106.413.05$25,054
Apr 20262459398.932.87$24,505
Mar 202626655589.753.15$25,621
Feb 20264835063.503.75$4,361
Jan 202656217359.138.00$34,615
Dec 20251,54475356.664.41$90,806
Nov 20251,53611358.593.93$90,438
Oct 20251,47416559.383.30$88,071
Sep 20251,41412462.743.08$89,096
Aug 20251,26070563.933.01$82,677
Jul 20251,35644266.743.32$91,965
Jun 202598157866.483.13$67,025
May 20251,5042,56260.553.23$99,348
Apr 20251,4594,05862.363.54$105,361
Mar 20251,28824267.704.27$88,231
Feb 20251,17614870.884.34$83,997
Jan 20251,60911474.324.28$120,069
Dec 20241,49553668.993.12$104,813
Nov 20241,2259469.052.20$84,793
Oct 20241,0231,25371.372.28$75,870
Sep 20241,0862,03469.612.36$80,406
Aug 20241,1772,82975.632.06$94,855
Jul 20241,13742979.932.15$91,801
Jun 20244321,59578.082.63$37,932
May 202465825778.812.20$52,422
Apr 202442722184.451.66$36,427
Mar 202484717780.301.55$68,288
Feb 202459211576.091.78$45,250
Jan 20245894,24873.023.30$57,017
Dec 20235527,61771.262.61$59,221
Nov 20236558,72577.892.81$75,514
Oct 202367511,61985.443.09$93,543
Sep 20238312,49989.042.74$41,576
Aug 202364113,53280.522.67$87,783
Jul 202354411,77674.852.64$71,828
Jun 202349210,58268.962.26$57,828
May 20236747,76370.622.23$64,889
Apr 20232412678.122.24$2,157
Mar 20231294,90172.852.39$21,127
Feb 20231577,36275.112.47$29,945
Jan 20232017,44976.533.39$40,618
Dec 20222384,49876.415.73$43,955
Nov 20221553,70085.005.65$34,066
Oct 20221587,77587.185.86$59,365
Sep 20221464,72384.888.16$50,950
Aug 2022856,99294.529.13$71,851
Jul 20221738,740101.587.54$83,491
Jun 20221559,341115.097.98$92,354
May 20221739,099109.378.43$95,653
Apr 20223921,398104.226.84$50,413
Mar 20225821,485108.885.08$70,907
Feb 202238263791.054.86$37,876
Jan 202249531281.844.54$41,927
Dec 202155833171.323.90$41,087
Nov 20214231,32977.435.24$39,713
Oct 20212421,69979.795.71$29,017
Sep 20212262,03169.865.35$26,656
Aug 20212692,21466.024.22$27,104
Jul 202152392070.783.98$40,681
Jun 20211,0291,37469.493.38$76,150
May 20211,0034,04163.483.02$75,865
Apr 20211,0806,68360.362.76$83,623
Mar 20211,0195,35761.302.72$77,019
Feb 20216953,43457.805.55$59,223
Jan 20211,0214,57250.412.81$64,317
Dec 20201,0294,85944.642.68$58,935
Nov 20209274,82338.772.71$48,994
Oct 20209204,69836.972.48$45,656
Sep 20209444,56737.091.99$44,106
Aug 20209625,40739.982.39$51,357
Jul 20201,0144,54238.371.83$47,197
Jun 20209534,17534.901.69$40,317
May 20201,0433,55316.921.81$24,095
Apr 20208571,42314.751.80$15,208
Mar 20207122,05730.341.86$25,420
Feb 20209333,69549.881.98$53,857
Jan 20201,1033,75557.252.09$71,013
Dec 201969090959.012.30$42,812
Nov 20199694,68555.302.75$66,473
Oct 20196932,43653.472.42$42,946
Sep 20194092,31455.052.66$28,664
Aug 20193001,17053.112.30$18,629
Jul 20191,0383,13356.272.46$66,116
Jun 20197752,85052.782.49$48,004
May 20194883,00058.482.74$36,759
Apr 20195391,05562.632.75$36,660
Mar 20197451,69656.803.06$47,509
Feb 20191,0253,39550.852.79$61,601
Jan 20191,1844,68946.033.23$69,636
Dec 20181,2933,71146.594.19$75,773
Nov 20181,5616,54152.934.24$110,340
Oct 20181,5726,59161.443.40$118,980
Sep 20181,4506,50859.543.11$106,560
Aug 20182,2268,64959.403.07$158,747
Jul 20184065.142.93$261
Jun 201816541960.183.08$11,219
May 20181,0844,08565.382.90$82,722
Apr 20189853,63463.842.90$73,424
Mar 20181,3124,37161.222.79$92,502
Feb 20182982,29661.782.77$24,761
Jan 20184284,01562.874.01$43,006
Dec 20174104,37257.272.92$36,254
Nov 20174854,35455.423.12$40,456
Oct 20175355,04149.292.98$41,411
Sep 20174045,62047.523.09$36,549
Aug 20178555,76345.373.00$56,106
Jul 20174946,17843.873.09$40,745
Jun 20179567,05342.493.09$62,395
May 20175997,27745.373.26$50,924
Apr 20176516,98547.933.21$53,635
Mar 20177227,13546.772.98$55,057
Feb 20177476,21650.452.95$56,040
Jan 20177267,41949.413.42$61,236
Dec 20167317,88448.763.72$64,994
Nov 20167087,66242.492.64$50,344
Oct 20167308,05046.193.09$58,595
Sep 20165946,72441.553.10$45,529
Aug 20166858,26741.442.92$52,562
Jul 20166068,53941.622.92$50,193
Jun 20166688,52145.352.69$53,180
May 201658510,14442.521.99$45,071
Apr 201659110,10836.561.99$41,732
Mar 201662910,43633.011.79$39,486
Feb 201676510,88926.472.06$42,720
Jan 201692313,43027.352.36$56,997
Dec 201586913,11732.362.00$54,373
Nov 201573610,89038.792.17$52,152
Oct 20151,04612,63943.552.43$76,223
Sep 20151,07614,08842.992.76$85,118
Aug 20151,24114,54540.162.87$91,619
Jul 20151,39417,08048.152.95$117,423
Jun 20151,53617,75256.152.88$137,423
May 20151,73521,20755.212.96$158,466
Apr 20151,44322,81649.822.71$133,643
Mar 20151,24225,13442.892.93$127,030
Feb 20151,37423,94344.662.98$132,622
Jan 20152,16918,20543.433.10$150,647
Dec 20142,93224,10154.693.59$246,906
Nov 20143,50427,46170.464.25$363,652
Oct 20144,63161,49078.303.90$602,477
Sep 20144,88435,58086.164.05$564,742
Aug 20146,79251,80889.394.04$816,188
Jul 20147,70654,53196.564.18$972,009
Jun 20147,93657,05598.164.74$1,049,260
May 20149,05260,23994.734.73$1,142,219
Apr 20146,23928,81395.944.81$737,135

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           224 bbl  × $106.41 =    $23,836
Gas                  400 Mcf  × $  3.05 =     $1,218

────────────────────────────────────────────────────
Month total                                  $25,054

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/273487 is the state's own key, not one this site invented.