KRANER UNIT B

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 274450District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Apr 2014 – May 2026
Value, last 12 filed months
$198 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 Gas112015-01-13214983
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
CondensateDisposition80,923 bbl$5,025,751
GasProduction1,435,516 Mcf$4,604,150
Total$9,629,901

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 28.7625, -97.9421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76245, -97.94208 · 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
12,897 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 12,897 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-255336593H12,897 ftAug 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 202600106.413.05$0
Apr 20262098.932.87$198
Mar 2026492,36589.753.15$11,846
Feb 2026663,39363.503.75$16,916
Jan 2026831,35559.138.00$15,745
Dec 20256175256.664.41$6,775
Nov 20258013,29258.593.93$56,877
Oct 2025676,52559.383.30$25,543
Sep 2025924,70162.743.08$20,237
Aug 20251313,35663.933.01$18,492
Jul 2025762,45266.743.32$13,201
Jun 2025702,47366.483.13$12,391
May 2025742,90960.553.23$13,884
Apr 20252662,57462.363.54$25,708
Mar 20257291,95367.704.27$57,689
Feb 20251,0501,88570.884.34$82,606
Jan 20252,19112,18074.324.28$214,949
Dec 20241,2112,09968.993.12$90,099
Nov 20246761,69669.052.20$50,406
Oct 20241741,84871.372.28$16,634
Sep 2024802,24169.612.36$10,867
Aug 20248002,56375.632.06$65,793
Jul 20241492,30679.932.15$16,860
Jun 20243162,48978.082.63$31,229
May 20245732,84278.812.20$51,406
Apr 20241,0592,82484.451.66$94,118
Mar 20241,4314,11080.301.55$121,260
Feb 20243743,66876.091.78$35,000
Jan 20241,5352,07773.023.30$118,935
Dec 20233853,44871.262.61$36,437
Nov 202327140677.892.81$22,248
Oct 202321331185.443.09$19,159
Sep 202331537689.042.74$29,076
Aug 202333783980.522.67$29,378
Jul 202340050374.852.64$31,269
Jun 20233902,24068.962.26$31,953
May 20234272,21670.622.23$35,091
Apr 20234713,11578.122.24$43,765
Mar 20233401,45372.852.39$28,246
Feb 20235871,33575.112.47$47,381
Jan 20237589576.533.39$8,772
Dec 2022762,14276.415.73$18,079
Nov 20223471,90585.005.65$40,251
Oct 20221482,80087.185.86$29,321
Sep 20221001,60084.888.16$21,550
Aug 20221243,26894.529.13$41,548
Jul 20222021,864101.587.54$34,578
Jun 20221651,842115.097.98$33,684
May 20223092,077109.378.43$51,311
Apr 2022282,290104.226.84$18,576
Mar 2022782,179108.885.08$19,554
Feb 2022716,36391.054.86$37,381
Jan 2022583,26181.844.54$19,544
Dec 20219130,20471.323.90$124,259
Nov 202110214,29977.435.24$82,780
Oct 2021822,30179.795.71$19,690
Sep 20211233,15769.865.35$25,486
Aug 2021542,17566.024.22$12,745
Jul 20212176,13270.783.98$39,777
Jun 2021937,72569.493.38$32,578
May 20211882,96563.483.02$20,882
Apr 20211663,67760.362.76$20,162
Mar 20212534,61661.302.72$28,050
Feb 2021652,73457.805.55$18,925
Jan 20212564,73950.412.81$26,223
Dec 20201935,86244.642.68$24,299
Nov 20201044,26638.772.71$15,578
Oct 20201493,22836.972.48$13,509
Sep 2020783,50037.091.99$9,862
Aug 20201123,21939.982.39$12,155
Jul 2020542,53038.371.83$6,690
Jun 20202812,40734.901.69$13,875
May 20201174,63716.921.81$10,395
Apr 20201753,02014.751.80$8,030
Mar 20201443,41330.341.86$10,704
Feb 2020533,76149.881.98$10,093
Jan 20201133,44157.252.09$13,677
Dec 2019932,10459.012.30$10,336
Nov 20191381,92555.302.75$12,927
Oct 20191544,14753.472.42$18,264
Sep 20191744,72355.052.66$22,129
Aug 20191295,22753.112.30$18,896
Jul 20191622,20856.272.46$14,548
Jun 20191123,80852.782.49$15,398
May 20191054,29858.482.74$17,918
Apr 20191285,95162.632.75$24,386
Mar 20192616,85656.803.06$35,819
Feb 20192346,15550.852.79$29,085
Jan 20193056,03946.033.23$33,534
Dec 20181747,23446.594.19$38,384
Nov 2018624,03052.934.24$20,358
Oct 20181194,48061.443.40$22,535
Sep 20182747,35259.543.11$39,164
Aug 20182577,73159.403.07$38,973
Jul 20181317,21565.142.93$29,687
Jun 20182687,70160.183.08$39,824
May 20182908,07465.382.90$42,381
Apr 20183617,89063.842.90$45,934
Mar 20183438,45361.222.79$44,556
Feb 20183187,10461.782.77$39,297
Jan 20183158,77062.874.01$54,966
Dec 20173449,02157.272.92$46,056
Nov 20173868,72655.423.12$48,603
Oct 20173278,98949.292.98$42,938
Sep 201745910,25047.523.09$53,456
Aug 20172837,84845.373.00$36,418
Jul 201761810,21243.873.09$58,639
Jun 201745310,56142.493.09$51,853
May 201731211,36245.373.26$51,234
Apr 201741811,17747.933.21$55,931
Mar 201734511,81146.772.98$51,376
Feb 201735511,83750.452.95$52,860
Jan 201747012,50449.413.42$65,971
Dec 201644913,65048.763.72$72,710
Nov 201652413,73842.492.64$58,593
Oct 201644814,85346.193.09$66,593
Sep 201650415,16541.553.10$67,962
Aug 201645917,18241.442.92$69,267
Jul 201658119,12441.622.92$80,106
Jun 201639018,72845.352.69$67,987
May 201643020,47542.521.99$59,050
Apr 201641522,54336.561.99$60,056
Mar 201650029,64133.011.79$69,681
Feb 201656431,78126.472.06$80,513
Jan 201669732,15827.352.36$95,096
Dec 201575123,30332.362.00$70,941
Nov 20151,01713,13438.792.17$67,915
Oct 20151,12118,42543.552.43$93,529
Sep 20151,29319,62842.992.76$109,728
Aug 20151,40323,98240.162.87$125,233
Jul 20151,59726,30148.152.95$154,354
Jun 20151,60127,75856.152.88$169,919
May 20151,67430,95955.212.96$183,919
Apr 20151,94133,11849.822.71$186,337
Mar 20152,35839,26842.892.93$216,375
Feb 20152,54437,82644.662.98$226,192
Jan 20153,27449,03243.433.10$294,220
Dec 20143,36852,68354.693.59$373,400
Nov 20144,23262,56770.464.25$564,212
Oct 20145,09370,89278.303.90$675,329
Sep 20145,54381,46586.164.05$807,147
Aug 20143,83042,70089.394.04$514,663
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             2 bbl  × $ 98.93 =       $198
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $198

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/274450 is the state's own key, not one this site invented.