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 275078District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Aug 2014 – May 2026
Value, last 12 filed months
$291 k
at the published price for each month
Months reported
142
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 Gas112015-01-23215205
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
CondensateDisposition61,276 bbl$3,557,034
GasProduction1,379,495 Mcf$4,349,180
Total$7,906,214

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 28.7631, -97.9414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76312, -97.94136 · 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
12,911 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 12,911 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-255336614H12,911 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 (142)

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

142 months

May 20261194,975106.413.05$27,816
Apr 20261155,14298.932.87$26,133
Mar 20261185,72589.753.15$28,621
Feb 2026931,09263.503.75$10,001
Jan 20261481,91959.138.00$24,099
Dec 20251254,99556.664.41$29,127
Nov 20251516,67558.593.93$35,056
Oct 20252173959.383.30$3,689
Sep 20251125,44262.743.08$23,771
Aug 20251276,22763.933.01$26,892
Jul 20252242,54366.743.32$23,380
Jun 20253722,54966.483.13$32,706
May 20256754,61960.553.23$55,801
Apr 20254735,21162.363.54$47,959
Mar 20252766,37467.704.27$45,891
Feb 20251022,62670.884.34$18,629
Jan 20252864,69974.324.28$41,361
Dec 202457668.993.12$3,951
Nov 20241803,52469.052.20$20,176
Oct 20242033,65171.372.28$22,818
Sep 20241693,24969.612.36$19,446
Aug 2024682,78275.632.06$10,884
Jul 20241543,80579.932.15$20,477
Jun 2024913,62578.082.63$16,653
May 20241133,67978.812.20$16,994
Apr 20241104,71584.451.66$17,113
Mar 2024662,14480.301.55$8,613
Feb 20241716,49776.091.78$24,600
Jan 20241392,43073.023.30$18,163
Dec 2023721,84671.262.61$9,950
Nov 20234473177.892.81$5,479
Oct 2023661,64085.443.09$10,702
Sep 2023741,51189.042.74$10,722
Aug 2023413,84980.522.67$13,589
Jul 2023844,33874.852.64$17,748
Jun 2023838,08968.962.26$23,993
May 2023692,64070.622.23$10,753
Apr 2023492,80178.122.24$10,096
Mar 20234751972.852.39$4,666
Feb 2023571,81275.112.47$8,749
Jan 2023403,04076.533.39$13,360
Dec 202213141276.415.73$12,370
Nov 20221241,66785.005.65$19,952
Oct 2022713,87587.185.86$28,912
Sep 2022714,54284.888.16$43,106
Aug 20222720894.529.13$4,450
Jul 20224660101.587.54$5,384
Jun 2022111,355115.097.98$12,075
May 202232,196109.378.43$18,847
Apr 202212,228104.226.84$15,338
Mar 2022212,896108.885.08$16,988
Feb 2022282,56791.054.86$15,022
Jan 2022312,01381.844.54$11,671
Dec 2021112,84971.323.90$11,893
Nov 2021253,79277.435.24$21,794
Oct 2021274,47079.795.71$27,695
Sep 2021633,42869.865.35$22,744
Aug 20211254,00866.024.22$25,169
Jul 20211743,97170.783.98$28,129
Jun 2021381,43569.493.38$7,492
May 20211295,14263.483.02$23,706
Apr 2021806760.362.76$5,014
Mar 20212553,69961.302.72$25,681
Feb 2021182,65357.805.55$15,759
Jan 20211683,78050.412.81$19,092
Dec 20201244,72444.642.68$18,174
Nov 20201313,67138.772.71$15,015
Oct 20202105,40036.972.48$21,147
Sep 20201133,73737.091.99$11,632
Aug 20202414,61139.982.39$20,633
Jul 20201484,75838.371.83$14,363
Jun 20202686,26434.901.69$19,941
May 20203032,70016.921.81$10,027
Apr 20203255,16014.751.80$14,104
Mar 20202576,01830.341.86$18,968
Feb 2020695,63649.881.98$14,605
Jan 20201666,36057.252.09$22,826
Dec 20191166,17459.012.30$21,072
Nov 20191345,52255.302.75$22,600
Oct 20191096,13453.472.42$20,664
Sep 20191466,14755.052.66$24,372
Aug 20191496,37453.112.30$22,601
Jul 20191346,04656.272.46$22,414
Jun 20191525,97552.782.49$22,907
May 20192155,26758.482.74$27,006
Apr 20191673,39862.632.75$19,806
Mar 20192104,64456.803.06$26,148
Feb 20192074,12250.852.79$22,035
Jan 20191325,17346.033.23$22,775
Dec 20181656,82846.594.19$36,266
Nov 20182136,90852.934.24$40,545
Oct 20181175,74761.443.40$26,717
Sep 20181494,93259.543.11$24,200
Aug 20181947,46759.403.07$34,422
Jul 20182126,82565.142.93$33,820
Jun 20182536,77460.183.08$36,069
May 20183128,55165.382.90$45,203
Apr 20183698,38263.842.90$47,871
Mar 20183268,67761.222.79$44,139
Feb 20182987,88461.782.77$40,219
Jan 20182739,68662.874.01$55,998
Dec 20172389,58857.272.92$41,642
Nov 20172369,19455.423.12$41,749
Oct 20171408,89149.292.98$33,429
Sep 201721010,28047.523.09$41,716
Aug 20171188,01445.373.00$29,431
Jul 201736010,75343.873.09$48,991
Jun 201736211,18342.493.09$49,906
May 201725312,50445.373.26$52,284
Apr 201728111,75547.933.21$51,221
Mar 201722911,81446.772.98$45,960
Feb 201735110,47650.452.95$48,639
Jan 201745011,88749.413.42$62,874
Dec 201638112,11148.763.72$63,665
Nov 201641812,88742.492.64$51,839
Oct 201638214,71446.193.09$63,115
Sep 201648114,85341.553.10$66,039
Aug 201651413,89541.442.92$61,934
Jul 201661615,45741.622.92$70,839
Jun 201656914,13545.352.69$63,768
May 201661116,15542.521.99$58,145
Apr 201674216,65436.561.99$60,286
Mar 201677518,41133.011.79$58,612
Feb 201680019,71826.472.06$61,867
Jan 20161,12719,77427.352.36$77,576
Dec 201579322,03232.362.00$69,757
Nov 201568723,37738.792.17$77,314
Oct 201573925,19443.552.43$93,319
Sep 201592521,32042.992.76$98,575
Aug 20151,08121,76740.162.87$105,938
Jul 20151,23224,25548.152.95$130,754
Jun 20151,24626,36956.152.88$145,981
May 20151,52929,07855.212.96$170,355
Apr 20151,70831,48749.822.71$170,314
Mar 20152,07437,11242.892.93$197,867
Feb 20152,21738,26744.662.98$212,901
Jan 20152,98452,55543.433.10$292,549
Dec 20142,79453,93054.693.59$346,486
Nov 20143,71164,57670.464.25$536,044
Oct 20144,20361,97078.303.90$570,837
Sep 20144,53870,65886.164.05$676,837
Aug 20143,64439,38189.394.04$484,644

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           119 bbl  × $106.41 =    $12,663
Gas                4,975 Mcf  × $  3.05 =    $15,153

────────────────────────────────────────────────────
Month total                                  $27,816

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/275078 is the state's own key, not one this site invented.