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 275446District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
Jun 2014 – May 2026
Value, last 12 filed months
$342 k
at the published price for each month
Months reported
144
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 Gas112015-07-20216436
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
CondensateDisposition228,272 bbl$12,113,113
GasProduction951,536 Mcf$2,911,896
Total$15,025,009

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 28.8094, -97.9658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80941, -97.96584 · 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
12,236 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 12,236 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-255337273H12,236 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 (144)

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

144 months

May 20263462,352106.413.05$43,982
Apr 20262382,71698.932.87$31,340
Mar 20262274589.753.15$20,515
Feb 20266118963.503.75$4,582
Jan 202630248559.138.00$21,736
Dec 202537342956.664.41$23,028
Nov 20255671,24958.593.93$38,125
Oct 20253876059.383.30$23,178
Sep 20252804162.743.08$17,693
Aug 202529124663.933.01$19,345
Jul 20254664,20066.743.32$45,025
Jun 20255525,25366.483.13$53,132
May 20254961,82060.553.23$35,916
Apr 20251351,93762.363.54$15,282
Mar 20251991,79067.704.27$21,113
Feb 20251712,14370.884.34$21,423
Jan 202523566174.324.28$20,293
Dec 20241871,83468.993.12$18,626
Nov 20242451,77469.052.20$20,817
Oct 20242972,09171.372.28$25,967
Sep 20242682,07869.612.36$23,569
Aug 20242671,92275.632.06$24,160
Jul 20242892,10579.932.15$27,618
Jun 20243371,89978.082.63$31,315
May 20245001,92178.812.20$43,628
Apr 20244051,86484.451.66$37,295
Mar 20243332,34080.301.55$30,356
Feb 2024302,30676.091.78$6,396
Jan 2024441,96573.023.30$9,693
Dec 202312,52671.262.61$6,666
Nov 2023262,38677.892.81$8,724
Oct 202342473385.443.09$38,490
Sep 202341580089.042.74$39,140
Aug 202324066480.522.67$21,100
Jul 20235846074.852.64$5,557
Jun 202357232468.962.26$40,177
May 202338745670.622.23$28,346
Apr 20235221,64378.122.24$44,455
Mar 20237172,07172.852.39$57,190
Feb 20235171,19675.112.47$41,781
Jan 20237351,60776.533.39$61,694
Dec 202236681476.415.73$32,630
Nov 20227823,32685.005.65$85,249
Oct 20228112,33187.185.86$84,371
Sep 20225591,89584.888.16$62,918
Aug 20223841994.529.13$7,416
Jul 20221,4674,898101.587.54$185,959
Jun 202229629115.097.98$8,355
May 20229622109.378.43$6,230
Apr 2022384876104.226.84$46,010
Mar 20229042,772108.885.08$112,499
Feb 20226932,06791.054.86$73,141
Jan 20227912,38481.844.54$75,553
Dec 20218782,22271.323.90$71,283
Nov 20219212,75677.435.24$85,746
Oct 20219653,06879.795.71$94,528
Sep 20219292,96969.865.35$80,787
Aug 20219333,38666.024.22$75,888
Jul 20219403,31670.783.98$79,738
Jun 20218922,85769.493.38$71,644
May 20219983,18463.483.02$72,961
Apr 20211,0593,71060.362.76$74,155
Mar 20211,3685,49961.302.72$98,799
Feb 202125464057.805.55$18,232
Jan 202112267650.412.81$8,050
Dec 20201,1563,71044.642.68$61,530
Nov 202085260238.772.71$34,661
Oct 20201,2971,60436.972.48$51,925
Sep 20201,4494,03837.091.99$61,783
Aug 20201,5024,28539.982.39$70,270
Jul 20209082,05838.371.83$38,596
Jun 20207743,40434.901.69$32,766
May 20204322,35316.921.81$11,580
Apr 20201,0403,55114.751.80$21,747
Mar 20202084,27030.341.86$14,237
Feb 20201323,55349.881.98$13,621
Jan 20201,2934,97757.252.09$84,450
Dec 20191,7935,72659.012.30$119,000
Nov 20192,2437,31255.302.75$144,151
Oct 20198483,01553.472.42$52,634
Sep 20191,1182,98255.052.66$69,470
Aug 20191,1693,05453.112.30$69,123
Jul 20191,2592,82956.272.46$77,803
Jun 20191,1583,19952.782.49$69,089
May 20191,0713,81158.482.74$73,075
Apr 20191,1287,91062.632.75$92,405
Mar 20191,2419,13156.803.06$98,449
Feb 20191,1067,76150.852.79$77,911
Jan 20191,4765,96946.033.23$87,209
Dec 20181,2653,99046.594.19$75,636
Nov 201824169552.934.24$15,701
Oct 20185152,39861.443.40$39,790
Sep 20181,2355,56459.543.11$90,825
Aug 20181,3355,83559.403.07$97,192
Jul 20181,4925,80265.142.93$114,200
Jun 20181,4827,16760.183.08$111,239
May 20189133,79865.382.90$70,709
Apr 20181,0054,09863.842.90$76,047
Mar 20181,4656,01561.222.79$106,450
Feb 20181,7375,77061.782.77$123,272
Jan 20181,1334,75762.874.01$90,304
Dec 20171,3486,71257.272.92$96,809
Nov 20171,3967,11055.423.12$99,538
Oct 20171,2436,12049.292.98$79,528
Sep 20171,3387,36847.523.09$86,329
Aug 20171,1085,97845.373.00$68,230
Jul 20171,2399,99343.873.09$85,206
Jun 20177263,46642.493.09$41,548
May 20171,8788,17945.373.26$111,896
Apr 20171,7467,60947.933.21$108,123
Mar 20171,9118,04946.772.98$113,393
Feb 20171,9098,42350.452.95$121,179
Jan 20172,0939,08949.413.42$134,489
Dec 20162,0429,47348.763.72$134,834
Nov 20162,10710,35142.492.64$116,898
Oct 20162,23510,51546.193.09$135,729
Sep 20162,39711,58241.553.10$135,507
Aug 20162,44011,64441.442.92$135,165
Jul 20162,70213,59641.622.92$152,217
Jun 20162,63714,21945.352.69$157,778
May 20163,34818,04142.521.99$178,277
Apr 20163,04013,37936.561.99$137,781
Mar 20163,44015,65433.011.79$141,638
Feb 20163,72916,48126.472.06$132,717
Jan 20164,02315,13227.352.36$145,807
Dec 20154,07617,13332.362.00$166,190
Nov 20153,42012,77138.792.17$160,341
Oct 20153,41518,36243.552.43$193,280
Sep 20153,96919,88942.992.76$225,490
Aug 20154,80820,31640.162.87$251,447
Jul 20155,26722,19348.152.95$318,966
Jun 20155,43529,07556.152.88$388,994
May 20156,40027,70155.212.96$435,213
Apr 20156,71323,93149.822.71$399,213
Mar 20158,29328,18042.892.93$438,387
Feb 20157,76227,28544.662.98$427,856
Jan 201510,58936,32443.433.10$572,508
Dec 201412,97261,24954.693.59$929,406
Nov 201414,89057,61670.464.25$1,294,123
Oct 20147,48322,45878.303.90$673,527
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$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           346 bbl  × $106.41 =    $36,818
Gas                2,352 Mcf  × $  3.05 =     $7,164

────────────────────────────────────────────────────
Month total                                  $43,982

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/275446 is the state's own key, not one this site invented.