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 273532District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.1 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 Gas112014-12-05214784
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
CondensateDisposition173,951 bbl$13,505,101
GasProduction444,030 Mcf$1,632,712
Total$15,137,813

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 28.5778, -98.2491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57775, -98.24907 · 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
12,287 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 12,287 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-2973530515H12,287 ftAug 2019

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 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024561776.091.78$4,291
Jan 2024111973.023.30$8,135
Dec 2023156071.262.61$11,117
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20231289.042.74$95
Aug 2023441680.522.67$3,586
Jul 2023933574.852.64$7,054
Jun 2023201668.962.26$1,415
May 2023705170.622.23$5,057
Apr 2023284378.122.24$2,284
Mar 20235218272.852.39$4,224
Feb 2023976775.112.47$7,451
Jan 202337863076.533.39$31,063
Dec 202217129676.415.73$14,762
Nov 20226719585.005.65$6,796
Oct 20220087.185.86$0
Sep 202212284.888.16$1,035
Aug 202220038194.529.13$22,381
Jul 20224821,331101.587.54$59,000
Jun 20224031,442115.097.98$57,884
May 20224011,350109.378.43$55,242
Apr 20223961,302104.226.84$50,174
Mar 20224291,435108.885.08$53,994
Feb 20223521,23291.054.86$38,036
Jan 20223451,51581.844.54$35,109
Dec 202120555071.323.90$16,765
Nov 20212391,01277.435.24$23,805
Oct 20212811,33379.795.71$30,038
Sep 20213011,30069.865.35$27,984
Aug 20213141,40766.024.22$26,669
Jul 20213321,42170.783.98$29,158
Jun 20213181,45169.493.38$27,003
May 20213301,38463.483.02$25,125
Apr 20213521,39960.362.76$25,106
Mar 20213981,53361.302.72$28,562
Feb 20213301,43757.805.55$27,046
Jan 20213081,51250.412.81$19,775
Dec 202027295044.642.68$14,684
Nov 20203481,23938.772.71$16,845
Oct 20203891,59936.972.48$18,344
Sep 20203391,38937.091.99$15,339
Aug 20203971,74039.982.39$20,022
Jul 20204221,78438.371.83$19,448
Jun 20203861,62134.901.69$16,211
May 20204111,63616.921.81$9,923
Apr 20204631,87814.751.80$10,218
Mar 20204601,84030.341.86$17,372
Feb 20203661,41749.881.98$21,063
Jan 20204821,99857.252.09$31,780
Dec 20195112,13559.012.30$35,074
Nov 20194772,17255.302.75$32,353
Oct 20193511,92753.472.42$23,429
Sep 20195211,93355.052.66$33,818
Aug 20195201,98053.112.30$32,180
Jul 20195252,03756.272.46$34,553
Jun 20195192,10052.782.49$32,624
May 20195732,27758.482.74$39,749
Apr 20195142,05362.632.75$37,839
Mar 20196282,37256.803.06$42,934
Feb 20195782,14250.852.79$35,372
Jan 20196232,40246.033.23$36,431
Dec 20186192,41546.594.19$38,947
Nov 20186152,23652.934.24$42,026
Oct 20186621,99361.443.40$47,446
Sep 20186931,81259.543.11$46,893
Aug 20186881,84559.403.07$46,525
Jul 20187331,89565.142.93$53,304
Jun 20186881,85760.183.08$47,118
May 20187922,38765.382.90$58,705
Apr 20186712,37763.842.90$49,732
Mar 20188172,58761.222.79$57,226
Feb 20187242,26561.782.77$50,994
Jan 20188172,58662.874.01$61,733
Dec 20178723,02657.272.92$58,780
Nov 20178492,57655.423.12$55,084
Oct 20178862,77449.292.98$51,948
Sep 20179772,83647.523.09$55,183
Aug 20177812,51445.373.00$42,987
Jul 20177992,93743.873.09$44,119
Jun 20177992,96842.493.09$43,113
May 20177822,81245.373.26$44,656
Apr 20177672,48947.933.21$44,756
Mar 20177992,72746.772.98$45,506
Feb 20177192,43750.452.95$43,469
Jan 20177872,77549.413.42$48,373
Dec 20167812,82648.763.72$48,602
Nov 20169652,75342.492.64$48,283
Oct 20161,0982,92446.193.09$59,753
Sep 20161,1332,88541.553.10$56,021
Aug 20161,1723,05641.442.92$57,504
Jul 20161,2343,13041.622.92$60,512
Jun 20161,1452,96845.352.69$59,897
May 20161,1553,12242.521.99$55,327
Apr 20161,1273,46736.561.99$48,106
Mar 20161,1823,44833.011.79$45,204
Feb 20161,1112,87226.472.06$35,335
Jan 20161,3203,25227.352.36$43,791
Dec 20151,1623,06532.362.00$43,737
Nov 20151,3233,67538.792.17$59,284
Oct 20151,6604,71843.552.43$83,742
Sep 20151,6784,54342.992.76$84,669
Aug 20151,8084,73440.162.87$86,208
Jul 20152,0895,71848.152.95$117,425
Jun 20152,1215,92556.152.88$136,175
May 20152,1866,27555.212.96$139,235
Apr 20152,5327,30449.822.71$145,913
Mar 20151,8024,79242.892.93$91,351
Feb 20157918044.662.98$4,064
Jan 201512422243.433.10$6,074
Dec 20149831754.693.59$6,498
Nov 20141,3603,62070.464.25$111,217
Oct 20143,1298,77478.303.90$279,228
Sep 20141,4083,12986.164.05$133,971
Aug 20142,7496,79689.394.04$273,156
Jul 20142,6146,15196.564.18$278,117
Jun 20142,1495,75998.164.74$238,226
May 20144,84412,76594.734.73$519,207
Apr 20144,54312,06995.944.81$493,897
Mar 20145,37014,60995.895.06$588,804
Feb 20146,21213,73297.406.19$690,077
Jan 20148,25717,95890.404.86$833,722
Dec 201310,81823,63591.824.35$1,096,227
Nov 201311,55624,46088.853.74$1,118,189
Oct 201314,64929,49097.423.78$1,538,559
Sep 201317,87333,150104.113.72$1,984,001
Aug 20136,8528,727104.253.52$745,063

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.

Feb 2024 — as filed, then multipliedworked
Condensate            56 bbl  × $ 76.09 =     $4,261
Gas                   17 Mcf  × $  1.78 =        $30

────────────────────────────────────────────────────
Month total                                   $4,291

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/273532 is the state's own key, not one this site invented.