THREE SISTERS 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 273488District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.2 M
Aug 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
154
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 Gas112014-12-09214781
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
CondensateDisposition163,897 bbl$12,506,270
GasProduction479,945 Mcf$1,729,629
Total$14,235,899

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 28.5749, -98.2496. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57493, -98.24963 · 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
12,298 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 12,298 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-2973530818H12,298 ftAug 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 (154)

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

154 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20246310569.612.36$4,634
Aug 20247322275.632.06$5,979
Jul 2024302579.932.15$2,452
Jun 202418321978.082.63$14,865
May 202421825278.812.20$17,735
Apr 202420824284.451.66$17,967
Mar 202422840180.301.55$18,928
Feb 20241381,00376.091.78$12,289
Jan 202422838673.023.30$17,921
Dec 2023215071.262.61$1,627
Nov 202317727877.892.81$14,567
Oct 202314513385.443.09$12,799
Sep 2023804889.042.74$7,254
Aug 202332241680.522.67$27,039
Jul 2023862574.852.64$6,503
Jun 202371261068.962.26$50,477
May 202319711670.622.23$14,171
Apr 202306078.122.24$134
Mar 202337544272.852.39$28,377
Feb 202341953375.112.47$32,785
Jan 202334758276.533.39$28,528
Dec 202233078876.415.73$29,730
Nov 202227045485.005.65$25,513
Oct 202242664887.185.86$40,938
Sep 202224521384.888.16$22,534
Aug 20227394.529.13$689
Jul 202264111101.587.54$7,338
Jun 202268146115.097.98$8,991
May 2022188222109.378.43$22,434
Apr 20226381,340104.226.84$75,655
Mar 20225831,032108.885.08$68,716
Feb 20229942,48591.054.86$102,578
Jan 20227941,84981.844.54$73,371
Dec 202163571.323.90$4,513
Nov 202122592877.435.24$22,282
Oct 20213851,60179.795.71$39,867
Sep 20214301,52369.865.35$38,189
Aug 20213531,57466.024.22$29,948
Jul 20213541,61070.783.98$31,467
Jun 20213371,53269.493.38$28,597
May 20213561,58563.483.02$27,382
Apr 20213631,52760.362.76$26,123
Mar 20213631,76961.302.72$27,058
Feb 20212641,14757.805.55$21,623
Jan 20213321,50550.412.81$20,966
Dec 20203701,61544.642.68$20,838
Nov 20203651,61938.772.71$18,533
Oct 20203851,74636.972.48$18,561
Sep 20203611,63237.091.99$16,639
Aug 20203771,79439.982.39$19,351
Jul 20203771,83838.371.83$17,820
Jun 20203621,68634.901.69$15,484
May 20204061,94716.921.81$10,403
Apr 20204311,87314.751.80$9,737
Mar 20204601,97030.341.86$17,613
Feb 20204801,98449.881.98$27,872
Jan 20205592,60857.252.09$37,466
Dec 201919760159.012.30$13,010
Nov 20194732,16055.302.75$32,098
Oct 20193381,88153.472.42$22,622
Sep 20194501,85455.052.66$29,699
Aug 20195282,19953.112.30$33,109
Jul 20195262,08356.272.46$34,722
Jun 20195012,07252.782.49$31,605
May 20195342,21658.482.74$37,301
Apr 20195072,07862.632.75$37,469
Mar 20195392,19156.803.06$37,324
Feb 20194921,98550.852.79$30,561
Jan 20195102,11646.033.23$30,306
Dec 20185562,39646.594.19$35,932
Nov 20185152,26652.934.24$36,861
Oct 20185832,57761.443.40$44,576
Sep 20185762,53759.543.11$42,180
Aug 20185892,61659.403.07$43,009
Jul 20186182,69665.142.93$48,161
Jun 20186072,66260.183.08$44,720
May 20186902,82365.382.90$53,301
Apr 20187442,76363.842.90$55,512
Mar 20188303,04461.222.79$59,296
Feb 20186512,43361.782.77$46,949
Jan 20187492,40662.874.01$56,736
Dec 20178052,13457.272.92$52,337
Nov 20178832,10355.423.12$55,494
Oct 20179502,94749.292.98$55,618
Sep 20171,0673,06347.523.09$60,160
Aug 20177702,56645.373.00$42,644
Jul 20179133,21643.873.09$49,982
Jun 20179973,36542.493.09$52,751
May 20171,0793,82145.373.26$61,424
Apr 20171,1293,69247.933.21$65,970
Mar 20171,1153,65046.772.98$63,039
Feb 20171,0133,29250.452.95$60,826
Jan 20171,3123,66349.413.42$77,349
Dec 20161,1373,72848.763.72$69,319
Nov 20161,0283,64142.492.64$53,308
Oct 20161,0833,75246.193.09$61,618
Sep 20161,0773,71641.553.10$56,271
Aug 20161,1563,86541.442.92$59,207
Jul 20161,1843,86341.622.92$60,575
Jun 20161,4314,90945.352.69$78,081
May 20161,2634,26342.521.99$62,191
Apr 20161,1984,22036.561.99$52,201
Mar 20161,2423,57733.011.79$47,416
Feb 20161,1363,29926.472.06$36,878
Jan 20161,4663,71227.352.36$48,872
Dec 20151,3934,01732.362.00$53,117
Nov 20151,3583,76838.792.17$60,843
Oct 20151,2463,56743.552.43$62,919
Sep 20151,2864,04942.992.76$66,454
Aug 20151,2754,04440.162.87$62,820
Jul 20151,5235,28148.152.95$88,885
Jun 20151,6585,22056.152.88$108,145
May 20151,7685,86955.212.96$114,957
Apr 20156042,36049.822.71$36,479
Mar 201531394842.892.93$16,207
Feb 20155421444.662.98$3,049
Jan 20156121,66443.433.10$31,739
Dec 20142,4756,92954.693.59$160,242
Nov 20141,9496,46870.464.25$164,827
Oct 20143,0068,92878.303.90$270,198
Sep 20142,8238,23286.164.05$276,532
Aug 20142,8218,01389.394.04$284,503
Jul 20142,9819,42996.564.18$327,255
Jun 20143,35510,78798.164.74$380,424
May 20143,77012,48294.734.73$416,129
Apr 20142,91410,39295.944.81$329,546
Mar 20143,37811,73395.895.06$383,248
Feb 20143,23910,22997.406.19$378,817
Jan 20145,77316,66090.404.86$602,859
Dec 20137,87623,21491.824.35$824,259
Nov 20139,68123,32488.853.74$947,348
Oct 201313,64232,23397.423.78$1,450,824
Sep 201317,51136,202104.113.72$1,957,660
Aug 20136,26110,920104.253.52$691,176

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.

Sep 2024 — as filed, then multipliedworked
Condensate            63 bbl  × $ 69.61 =     $4,385
Gas                  105 Mcf  × $  2.36 =       $248

────────────────────────────────────────────────────
Month total                                   $4,634

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/273488 is the state's own key, not one this site invented.