KRANER UNIT B AC

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275701District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.9 M
Aug 2014 – May 2026
Value, last 12 filed months
$72 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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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 Gas112017-02-21219548
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
CondensateDisposition114,392 bbl$6,958,132
GasProduction1,483,844 Mcf$4,908,705
Total$11,866,837

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 28.7628, -97.9417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76281, -97.94167 · 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
12,747 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 12,747 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-255336152H12,747 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 2026377106.413.05$3,958
Apr 20261462998.932.87$14,527
Mar 20267014489.753.15$6,736
Feb 20261652,01863.503.75$18,046
Jan 2026421,27759.138.00$12,697
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202561266.743.32$440
Jun 2025883,06266.483.13$15,430
May 2025241,82860.553.23$7,362
Apr 20254167762.363.54$26,215
Mar 20255633,60967.704.27$53,519
Feb 20254631,91370.884.34$41,121
Jan 20254727674.324.28$35,404
Dec 20246911,54568.993.12$52,495
Nov 20247861,75169.052.20$58,123
Oct 20249373,65371.372.28$75,208
Sep 20248172,69969.612.36$63,253
Aug 20247582,69175.632.06$62,881
Jul 20248573,41979.932.15$75,839
Jun 20247433,46678.082.63$67,143
May 20248824,04678.812.20$78,405
Apr 20243644,19884.451.66$37,705
Mar 20241313,10280.301.55$15,312
Feb 20241273,57676.091.78$16,042
Jan 20241213,00273.023.30$18,735
Dec 20231061,26571.262.61$10,856
Nov 20231081,08677.892.81$11,461
Oct 20231322,67785.443.09$19,543
Sep 2023992,25989.042.74$14,993
Aug 2023782,08780.522.67$11,859
Jul 2023751,84774.852.64$10,493
Jun 2023731,60868.962.26$8,666
May 2023731,60970.622.23$8,739
Apr 2023943,26578.122.24$14,650
Mar 20231184,39472.852.39$19,112
Feb 20231782,16875.112.47$18,715
Jan 20235662,67776.533.39$52,385
Dec 20227463,97876.415.73$79,792
Nov 20228263,94185.005.65$92,462
Oct 20223804,66487.185.86$60,477
Sep 20223434,30184.888.16$64,226
Aug 20226455,93994.529.13$115,172
Jul 20226176,735101.587.54$113,471
Jun 2022655,451115.097.98$50,965
May 20223838,631109.378.43$114,674
Apr 20223146,020104.226.84$73,887
Mar 20223267,719108.885.08$74,680
Feb 20221656,89591.054.86$48,525
Jan 20221885,94981.844.54$42,381
Dec 20212026,71271.323.90$40,578
Nov 20212095,11377.435.24$42,959
Oct 20213036,11979.795.71$59,140
Sep 20212044,89669.865.35$40,450
Aug 20212085,12566.024.22$35,363
Jul 20213296,71770.783.98$50,034
Jun 20211102,10869.493.38$14,770
May 20214372,58063.483.02$35,526
Apr 20214309,94160.362.76$53,376
Mar 20214165,67261.302.72$40,911
Feb 2021973,93557.805.55$27,438
Jan 20214307,38550.412.81$42,430
Dec 20201838,86444.642.68$31,884
Nov 20204143438.772.71$2,764
Oct 20201571,32236.972.48$9,081
Sep 202014774537.091.99$6,936
Aug 20203094,14739.982.39$22,245
Jul 20202555,86538.371.83$20,489
Jun 20204087,87334.901.69$27,547
May 20202603,85516.921.81$11,395
Apr 20203924,34214.751.80$13,617
Mar 20203286,02530.341.86$21,135
Feb 2020882,82049.881.98$9,975
Jan 20201431,30257.252.09$10,914
Dec 20191331,38859.012.30$11,047
Nov 20191802,94855.302.75$18,063
Oct 20192624,43853.472.42$24,743
Sep 20196334,89455.052.66$47,851
Aug 20199375,48353.112.30$62,399
Jul 20197263,62156.272.46$49,760
Jun 20193371,66052.782.49$21,922
May 20194292,14058.482.74$30,952
Apr 20192932,56862.632.75$25,414
Mar 20192942,88456.803.06$25,530
Feb 20191752,02650.852.79$14,556
Jan 20192292,49646.033.23$18,598
Dec 20182353,10146.594.19$23,928
Nov 20184054,89852.934.24$42,191
Oct 20183527,13761.443.40$45,879
Sep 20185557,39259.543.11$56,019
Aug 20184118,90159.403.07$51,709
Jul 20183507,67665.142.93$45,304
Jun 20183768,78260.183.08$49,649
May 20182546,16465.382.90$34,487
Apr 20181111,77463.842.90$12,232
Mar 20181172,26461.222.79$13,472
Feb 20181272,41761.782.77$14,532
Jan 20181242,09362.874.01$16,187
Dec 20172043,09957.272.92$20,737
Nov 20173776,41655.423.12$40,901
Oct 20173609,08849.292.98$44,860
Sep 20174288,59247.523.09$46,864
Aug 20173046,83245.373.00$34,319
Jul 201773210,52343.873.09$64,600
Jun 20176268,50142.493.09$52,844
May 20175039,25745.373.26$53,030
Apr 20175239,48347.933.21$55,523
Mar 201745110,63546.772.98$52,825
Feb 20174849,27350.452.95$51,797
Jan 201760310,16649.413.42$64,550
Dec 201656910,79448.763.72$67,929
Nov 201664011,06742.492.64$56,459
Oct 201665712,32046.193.09$68,419
Sep 201669313,42341.553.10$70,414
Aug 201669014,40441.442.92$70,716
Jul 201674115,54341.622.92$76,293
Jun 201671816,63545.352.69$77,240
May 201683718,89042.521.99$73,200
Apr 201695720,00736.561.99$74,823
Mar 20161,28423,26933.011.79$84,130
Feb 20161,83827,69926.472.06$105,812
Jan 20161,33625,68627.352.36$97,271
Dec 20151,42022,56332.362.00$91,109
Nov 20151,14625,61538.792.17$99,970
Oct 20151,21429,62143.552.43$124,747
Sep 20151,43035,70842.992.76$159,973
Aug 20151,40524,20640.162.87$125,956
Jul 20151,62424,30648.152.95$149,779
Jun 20151,75128,08656.152.88$179,287
May 20152,43233,17955.212.96$232,330
Apr 20153,08837,27149.822.71$254,721
Mar 20154,19844,44042.892.93$310,471
Feb 20154,73547,34844.662.98$352,382
Jan 20155,72859,14043.433.10$432,138
Dec 20145,91064,15854.693.59$553,632
Nov 20147,21274,10270.464.25$823,227
Oct 20149,13497,90578.303.90$1,097,116
Sep 20149,604111,51086.164.05$1,278,588
Aug 20145,27151,67789.394.04$679,698

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            37 bbl  × $106.41 =     $3,937
Gas                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                   $3,958

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/275701 is the state's own key, not one this site invented.