SCHENDEL 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 274640District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.2 M
Jul 2014 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
143
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 Gas112015-02-13215211
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
CondensateDisposition268,099 bbl$17,290,444
GasProduction856,942 Mcf$2,894,306
Total$20,184,750

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 28.8936, -97.7719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89363, -97.77192 · 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
12,872 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 12,872 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-2553346709H12,872 ftJul 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 (143)

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

143 months

May 2026227792106.413.05$26,567
Apr 202625923798.932.87$26,303
Mar 20261967489.753.15$17,824
Feb 202626812363.503.75$17,479
Jan 202612372559.138.00$13,071
Dec 20251812,78856.664.41$22,560
Nov 20252301,60358.593.93$19,770
Oct 20252461,27459.383.30$18,818
Sep 202528654662.743.08$19,624
Aug 20253063,76963.933.01$30,925
Jul 20253282,40266.743.32$29,854
Jun 20254272,93766.483.13$37,576
May 20254131060.553.23$3,485
Apr 20252361,97562.363.54$21,715
Mar 20252522,40967.704.27$27,343
Feb 20251256370.884.34$9,133
Jan 20252581,16974.324.28$24,176
Dec 202428444768.993.12$20,988
Nov 20242639369.052.20$18,365
Oct 20242721,35971.372.28$22,513
Sep 20242941,37269.612.36$23,709
Aug 20243011,56075.632.06$25,984
Jul 20242881,58779.932.15$26,426
Jun 20243031,63978.082.63$27,975
May 20242741,36478.812.20$24,593
Apr 20243481,71884.451.66$32,239
Mar 20243691,86380.301.55$32,509
Feb 20242851,51476.091.78$24,386
Jan 202438086473.023.30$30,597
Dec 20233412,70771.262.61$31,367
Nov 20233881,05677.892.81$33,186
Oct 20234651,42685.443.09$44,132
Sep 20235561,96789.042.74$54,886
Aug 202336780.522.67$2,917
Jul 202327674.852.64$2,037
Jun 2023101268.962.26$717
May 2023014170.622.23$314
Apr 2023015078.122.24$336
Mar 2023020272.852.39$483
Feb 202311857975.112.47$10,291
Jan 20233842,03276.533.39$36,271
Dec 20223391,57676.415.73$34,932
Nov 20223731,87285.005.65$42,275
Oct 20223831,99787.185.86$45,100
Sep 20223691,75384.888.16$45,632
Aug 20223971,55794.529.13$51,735
Jul 20222961,405101.587.54$40,664
Jun 20224221,894115.097.98$63,677
May 20223551,948109.378.43$55,254
Apr 20224311,489104.226.84$55,100
Mar 20224681,850108.885.08$60,347
Feb 202234312591.054.86$31,838
Jan 20225121,56981.844.54$49,022
Dec 20214252,05171.323.90$38,308
Nov 20213942,10677.435.24$41,536
Oct 20213862,17379.795.71$43,215
Sep 20214112,16969.865.35$40,319
Aug 20215772,17066.024.22$47,252
Jul 20214322,13270.783.98$39,067
Jun 20213881,66069.493.38$32,574
May 20214682,30863.483.02$36,673
Apr 20215311,98960.362.76$37,538
Mar 20215232,19161.302.72$38,013
Feb 20213771,85057.805.55$32,054
Jan 20214821,40950.412.81$28,257
Dec 20204791,08144.642.68$24,275
Nov 20205502,52238.772.71$28,149
Oct 20205942,89436.972.48$29,133
Sep 20205872,80537.091.99$27,357
Aug 20205562,38339.982.39$27,913
Jul 20206252,75838.371.83$29,015
Jun 20205372,56534.901.69$23,077
May 20206042,56016.921.81$14,865
Apr 20205642,85514.751.80$13,471
Mar 20205753,03230.341.86$23,074
Feb 20205552,78249.881.98$33,194
Jan 20205783,12957.252.09$39,645
Dec 20195873,00359.012.30$41,559
Nov 20194792,91955.302.75$34,518
Oct 20195613,30853.472.42$37,997
Sep 20196973,20855.052.66$46,894
Aug 20197703,56553.112.30$49,110
Jul 20197353,25756.272.46$49,371
Jun 20197053,09052.782.49$44,908
May 20197012,73158.482.74$48,478
Apr 20197372,90762.632.75$54,155
Mar 20197833,05756.803.06$53,835
Feb 20197572,21450.852.79$44,675
Jan 20198332,55146.033.23$46,578
Dec 20186592,54246.594.19$41,342
Nov 20187281,87852.934.24$46,491
Oct 20187803,51961.443.40$59,881
Sep 20189004,46059.543.11$67,448
Aug 20188633,78159.403.07$62,857
Jul 20189904,65765.142.93$78,142
Jun 20189512,81260.183.08$65,883
May 20189603,94765.382.90$74,214
Apr 20189984,11263.842.90$75,640
Mar 20181,2324,98261.222.79$89,307
Feb 20181,1893,00861.782.77$81,777
Jan 20184861,76562.874.01$37,631
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017127145.373.00$758
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20173711549.413.42$2,221
Dec 20160048.763.72$0
Nov 201607142.492.64$188
Oct 20169802,74746.193.09$53,755
Sep 20161,2353,60241.553.10$62,483
Aug 20161,5754,74841.442.92$79,153
Jul 20162,3237,35241.622.92$118,183
Jun 20161,5054,67745.352.69$80,813
May 20161,7445,14942.521.99$84,407
Apr 20162,6009,42836.561.99$113,828
Mar 20163,35410,94333.011.79$130,347
Feb 20163,48811,01426.472.06$115,056
Jan 20164,02213,25827.352.36$141,348
Dec 20154,82814,65932.362.00$185,573
Nov 20155,11815,54438.792.17$232,216
Oct 20155,65416,75943.552.43$286,899
Sep 20155,88117,40642.992.76$300,837
Aug 20156,54519,30140.162.87$318,289
Jul 20156,89620,46748.152.95$392,319
Jun 20157,00421,00356.152.88$453,823
May 20158,42026,66755.212.96$543,681
Apr 20154,73615,43049.822.71$277,710
Mar 20150042.892.93$0
Feb 20157,28423,32344.662.98$394,717
Jan 201513,96843,19943.433.10$740,574
Dec 201415,24644,25654.693.59$992,743
Nov 201416,03446,44470.464.25$1,327,228
Oct 201418,35754,31478.303.90$1,649,230
Sep 201418,37654,35386.164.05$1,803,158
Aug 201426,02775,45589.394.04$2,631,024
Jul 201428,90874,44496.564.18$3,102,503

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           227 bbl  × $106.41 =    $24,155
Gas                  792 Mcf  × $  3.05 =     $2,412

────────────────────────────────────────────────────
Month total                                  $26,567

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/274640 is the state's own key, not one this site invented.