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 275449District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Jun 2014 – May 2026
Value, last 12 filed months
$241 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 Gas112015-07-20216435
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
CondensateDisposition136,176 bbl$7,354,322
GasProduction601,528 Mcf$1,867,038
Total$9,221,360

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 28.8097, -97.9647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80972, -97.96474 · 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
12,208 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 12,208 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-255337284H12,208 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 20263041,609106.413.05$37,249
Apr 20262941,18298.932.87$32,477
Mar 20263243,42889.753.15$39,875
Feb 202615038063.503.75$10,950
Jan 202620030659.138.00$14,273
Dec 202525583156.664.41$18,116
Nov 20254306558.593.93$25,449
Oct 202522926159.383.30$14,461
Sep 202547150362.743.08$31,098
Aug 202523767463.933.01$17,183
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20255360.553.23$312
Apr 202581962.363.54$5,083
Mar 202519713567.704.27$13,913
Feb 202523986470.884.34$20,691
Jan 20252391,61174.324.28$24,655
Dec 202412365168.993.12$10,518
Nov 202411110769.052.20$7,900
Oct 202415361371.372.28$12,318
Sep 20246954069.612.36$6,080
Aug 202420277175.632.06$16,868
Jul 202413728179.932.15$11,554
Jun 20241061478.082.63$8,313
May 2024891378.812.20$7,043
Apr 202415935084.451.66$14,008
Mar 20243205080.301.55$25,773
Feb 20243328576.091.78$3,019
Jan 202420139273.023.30$15,970
Dec 202329753671.262.61$22,564
Nov 202330574577.892.81$25,848
Oct 20234351,09285.443.09$40,538
Sep 202346574589.042.74$43,441
Aug 202362460280.522.67$51,854
Jul 202323168274.852.64$19,092
Jun 20233181,36268.962.26$25,005
May 202320551770.622.23$15,629
Apr 202321671778.122.24$18,478
Mar 20232741,35672.852.39$23,206
Feb 202324173075.112.47$19,901
Jan 202333580776.533.39$28,371
Dec 202230152176.415.73$25,984
Nov 202229935485.005.65$27,414
Oct 202230286787.185.86$31,412
Sep 202212436084.888.16$13,464
Aug 202241563194.529.13$44,985
Jul 2022446743101.587.54$50,908
Jun 2022501468115.097.98$61,393
May 2022560210109.378.43$63,018
Apr 2022199308104.226.84$22,846
Mar 2022260736108.885.08$32,045
Feb 202228885391.054.86$30,367
Jan 20224361,66881.844.54$43,251
Dec 202110468371.323.90$10,080
Nov 202116462677.435.24$15,977
Oct 202127664779.795.71$25,719
Sep 202149782669.865.35$39,140
Aug 20215301,82066.024.22$42,672
Jul 20215842,01770.783.98$49,367
Jun 20214221,80669.493.38$35,430
May 20215412,41863.483.02$41,639
Apr 20216341,90560.362.76$43,523
Mar 20219257961.302.72$7,213
Feb 202133564657.805.55$22,947
Jan 20217512,04550.412.81$43,605
Dec 20208132,52444.642.68$43,045
Nov 20201,2443,66238.772.71$58,141
Oct 20206191,05236.972.48$25,492
Sep 2020170237.091.99$1,435
Aug 20205970139.982.39$4,031
Jul 20201458738.371.83$1,609
Jun 20204248234.901.69$2,281
May 202017952816.921.81$3,987
Apr 20202551,04214.751.80$5,641
Mar 202002,54930.341.86$4,732
Feb 202003,07349.881.98$6,087
Jan 202001,28057.252.09$2,681
Dec 2019074559.012.30$1,717
Nov 2019033155.302.75$910
Oct 2019091953.472.42$2,223
Sep 201901,13355.052.66$3,011
Aug 2019102,66553.112.30$6,672
Jul 20193882,05756.272.46$26,893
Jun 20194902,67152.782.49$32,516
May 20194912,39658.482.74$35,279
Apr 20195032,73262.632.75$39,018
Mar 20195663,10756.803.06$41,663
Feb 20194822,41850.852.79$31,261
Jan 20196382,05946.033.23$36,014
Dec 201854837246.594.19$27,088
Nov 20187141,62552.934.24$44,678
Oct 20186352,70361.443.40$48,199
Sep 20186372,75359.543.11$46,483
Aug 20186642,83359.403.07$48,129
Jul 20187072,71965.142.93$54,026
Jun 20186972,99960.183.08$51,173
May 20187193,59165.382.90$57,425
Apr 20186493,07763.842.90$50,358
Mar 20187523,47161.222.79$55,711
Feb 20186722,89161.782.77$49,513
Jan 20187724,09762.874.01$64,962
Dec 20177934,24057.272.92$57,802
Nov 20177944,29955.423.12$57,409
Oct 20179895,20449.292.98$64,275
Sep 20171,1756,44047.523.09$75,718
Aug 20179044,86345.373.00$55,625
Jul 20171,0876,21943.873.09$66,886
Jun 20174562,45942.493.09$26,967
May 20171,2625,46045.373.26$75,075
Apr 20171,1204,86547.933.21$69,306
Mar 20171,1595,09146.772.98$69,396
Feb 20171,1075,77450.452.95$72,896
Jan 20171,2436,58649.413.42$83,933
Dec 20161,1725,47748.763.72$77,537
Nov 20161,1536,07842.492.64$65,063
Oct 20161,3236,82246.193.09$82,191
Sep 20161,4317,46641.553.10$82,607
Aug 20161,5857,74641.442.92$88,334
Jul 20161,8488,77041.622.92$102,560
Jun 20161,8328,88545.352.69$106,945
May 20162,0069,66642.521.99$104,541
Apr 20161,9398,62736.561.99$88,067
Mar 20161,9988,88133.011.79$81,887
Feb 20162,1238,43126.472.06$73,594
Jan 20162,91612,84827.352.36$110,130
Dec 20152,79514,71032.362.00$119,887
Nov 20152,28411,37338.792.17$113,245
Oct 20151,4286,45543.552.43$77,853
Sep 20152,52210,96742.992.76$138,672
Aug 20153,07413,54640.162.87$162,363
Jul 20153,30715,20348.152.95$204,006
Jun 20153,58621,15256.152.88$262,332
May 20154,29620,44755.212.96$297,612
Apr 20154,39518,18849.822.71$268,186
Mar 20152,9425,95942.892.93$143,670
Feb 20153,76116,25244.662.98$216,335
Jan 20157,64329,62443.433.10$423,789
Dec 20149,97956,80854.693.59$749,769
Nov 201411,53753,53470.464.25$1,040,515
Oct 20145,88722,01178.303.90$546,816
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           304 bbl  × $106.41 =    $32,349
Gas                1,609 Mcf  × $  3.05 =     $4,901

────────────────────────────────────────────────────
Month total                                  $37,249

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/275449 is the state's own key, not one this site invented.