LUNA UNIT

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 275248District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Jul 2014 – May 2026
Value, last 12 filed months
$231 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 Gas112015-07-20216434
NGPA2none

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
CondensateDisposition162,833 bbl$8,650,108
GasProduction741,284 Mcf$2,297,772
Total$10,947,879

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 28.8101, -97.9637. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81009, -97.96368 · 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
12,212 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 12,212 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-255337295H12,212 ftOct 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 20262131,360106.413.05$26,808
Apr 202626016298.932.87$26,187
Mar 20262202789.753.15$19,830
Feb 202624740663.503.75$17,207
Jan 20261832759.138.00$11,037
Dec 202522939456.664.41$14,714
Nov 202518975358.593.93$14,030
Oct 202515957859.383.30$11,352
Sep 202531366362.743.08$21,678
Aug 202543646963.933.01$29,287
Jul 202539068966.743.32$28,313
Jun 202512587466.483.13$11,045
May 202521780660.553.23$15,745
Apr 202527617762.363.54$17,838
Mar 20252473967.704.27$16,888
Feb 20252074470.884.34$14,863
Jan 20253016974.324.28$22,666
Dec 202439529968.993.12$28,184
Nov 202427970969.052.20$20,824
Oct 20243511,34671.372.28$28,122
Sep 20243651,18669.612.36$28,212
Aug 202438460775.632.06$30,295
Jul 20242255179.932.15$18,094
Jun 20242205078.082.63$17,309
May 20241904778.812.20$15,077
Apr 20243761,39584.451.66$34,068
Mar 20244061,48180.301.55$34,890
Feb 20244621,49476.091.78$37,818
Jan 20244441,20573.023.30$36,395
Dec 20234571,53571.262.61$36,573
Nov 20234381,48077.892.81$38,271
Oct 20238354585.443.09$8,774
Sep 202333030789.042.74$30,223
Aug 202312745880.522.67$11,450
Jul 20233738874.852.64$3,794
Jun 20232351668.962.26$2,751
May 20234659470.622.23$4,572
Apr 20234659278.122.24$4,918
Mar 20237161872.852.39$6,651
Feb 20235053575.112.47$5,075
Jan 20237727576.533.39$6,824
Dec 20226444576.415.73$7,440
Nov 20222865685.005.65$6,084
Oct 202210558887.185.86$12,602
Sep 20224851,25084.888.16$51,371
Aug 202247174894.529.13$51,346
Jul 202268687101.587.54$12,089
Jun 20224601,152115.097.98$62,131
May 2022227638109.378.43$30,207
Apr 2022323962104.226.84$40,241
Mar 20224541,133108.885.08$55,183
Feb 202236075991.054.86$36,466
Jan 20224441,14281.844.54$41,519
Dec 20215151,06871.323.90$40,894
Nov 20214951,06077.435.24$43,879
Oct 202138879779.795.71$35,512
Sep 202151393369.865.35$40,831
Aug 20216622,34566.024.22$53,603
Jul 20218022,42570.783.98$66,422
Jun 20217402,08469.493.38$58,468
May 20217622,10063.483.02$54,709
Apr 202117340160.362.76$11,548
Mar 202122436761.302.72$14,728
Feb 202119132857.805.55$12,860
Jan 202124033750.412.81$13,045
Dec 202027356244.642.68$13,690
Nov 202039271238.772.71$17,125
Oct 202013536.972.48$493
Sep 202046772437.091.99$18,763
Aug 20207991,40439.982.39$35,293
Jul 20208412,00938.371.83$35,936
Jun 20205001,42434.901.69$19,857
May 20206741,86116.921.81$14,781
Apr 20208102,24714.751.80$16,002
Mar 20202832,28330.341.86$12,824
Feb 20201992,08549.881.98$14,056
Jan 20203491,87857.252.09$23,914
Dec 201953889659.012.30$33,812
Nov 201919984055.302.75$13,315
Oct 20195052,09353.472.42$32,064
Sep 20194491,71255.052.66$29,267
Aug 20195372,13653.112.30$33,442
Jul 20194841,68256.272.46$31,373
Jun 20195022,05052.782.49$31,603
May 20195251,84858.482.74$35,766
Apr 20194063,33662.632.75$34,604
Mar 20193183,85456.803.06$29,864
Feb 20195213,85250.852.79$37,248
Jan 20194663,11446.033.23$31,503
Dec 20184522,35846.594.19$30,928
Nov 20184952,79452.934.24$38,039
Oct 20185453,68361.443.40$46,000
Sep 20185013,76559.543.11$41,531
Aug 20185372,87259.403.07$40,705
Jul 20181631,12065.142.93$13,902
Jun 20187944,89560.183.08$62,844
May 20186653,72765.382.90$54,289
Apr 20187253,87163.842.90$57,513
Mar 20186503,53161.222.79$49,633
Feb 20188774,69461.782.77$67,165
Jan 20189554,80862.874.01$79,318
Dec 20175532,82257.272.92$39,915
Nov 20179536,87955.423.12$74,266
Oct 20171,0696,95649.292.98$73,445
Sep 20171,1657,67647.523.09$79,059
Aug 20171,0566,72445.373.00$68,112
Jul 20171,3948,12143.873.09$86,227
Jun 20175053,17042.493.09$31,244
May 20171,2537,29445.373.26$80,652
Apr 20171,1946,87247.933.21$79,299
Mar 20171,2297,25446.772.98$79,124
Feb 20171,1567,78550.452.95$81,306
Jan 20171,2889,07449.413.42$94,662
Dec 20161,4329,06148.763.72$103,557
Nov 20161,5179,25542.492.64$88,931
Oct 20161,8359,29946.193.09$113,495
Sep 20161,89410,18141.553.10$110,263
Aug 20161,95210,85041.442.92$112,620
Jul 20162,03011,96641.622.92$119,481
Jun 20161,55312,55245.352.69$104,141
May 20161,84514,51042.521.99$107,339
Apr 20161,9278,97236.561.99$88,315
Mar 20162,24810,34133.011.79$92,758
Feb 20162,2579,45826.472.06$79,261
Jan 20162,82911,05527.352.36$103,511
Dec 20153,02513,74932.362.00$125,406
Nov 20152,4289,89038.792.17$115,617
Oct 20153,09113,21643.552.43$166,683
Sep 20153,08112,76142.992.76$167,652
Aug 20153,91116,52240.162.87$204,525
Jul 20154,38018,70748.152.95$265,991
Jun 20154,56725,86856.152.88$331,011
May 20156,11524,80455.212.96$410,916
Apr 20153,05516,08549.822.71$195,735
Mar 20156,76735,16842.892.93$393,445
Feb 20156,77129,50644.662.98$390,208
Jan 20159,07637,33543.433.10$509,933
Dec 201411,73658,40454.693.59$851,592
Nov 201413,85861,74070.464.25$1,238,943
Oct 20147,14123,02278.303.90$648,948
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$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.

May 2026 — as filed, then multipliedworked
Condensate           213 bbl  × $106.41 =    $22,665
Gas                1,360 Mcf  × $  3.05 =     $4,142

────────────────────────────────────────────────────
Month total                                  $26,808

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/275248 is the state's own key, not one this site invented.