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 275849District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Aug 2014 – May 2026
Value, last 12 filed months
$346 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 Gas112017-02-21219549
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
CondensateDisposition86,070 bbl$5,088,514
GasProduction1,696,811 Mcf$5,738,633
Total$10,827,147

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 28.7620, -97.9425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76203, -97.94255 · 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
12,732 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 12,732 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-255336081H12,732 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 20262146,077106.413.05$41,281
Apr 20263017,88098.932.87$52,391
Mar 20262615,04689.753.15$39,317
Feb 20261291,61063.503.75$14,230
Jan 20262315,24159.138.00$55,576
Dec 20251454,59656.664.41$28,500
Nov 202524358.593.93$1,418
Oct 2025131,04359.383.30$4,219
Sep 20251914,41062.743.08$25,553
Aug 20251704,85663.933.01$25,508
Jul 20251774,94866.743.32$28,217
Jun 20252015,18266.483.13$29,576
May 20251473,60160.553.23$20,540
Apr 20251462,76862.363.54$18,912
Mar 20252434,95967.704.27$37,618
Feb 20252254,31370.884.34$34,670
Jan 20251141,47974.324.28$14,801
Dec 20242064,07968.993.12$26,944
Nov 20241793,20969.052.20$19,415
Oct 20242153,98971.372.28$24,445
Sep 20242183,80969.612.36$24,181
Aug 20241423,50975.632.06$17,981
Jul 20242043,92579.932.15$24,731
Jun 20241693,92678.082.63$23,537
May 20241333,60478.812.20$18,405
Apr 20241212,57884.451.66$14,496
Mar 20241613,10180.301.55$17,720
Feb 20241994,05976.091.78$22,382
Jan 20241352,51873.023.30$18,161
Dec 20231247,18271.262.61$27,586
Nov 20231958,28077.892.81$38,435
Oct 20231896,49385.443.09$36,194
Sep 20231086,24289.042.74$26,688
Aug 20231116,08580.522.67$25,202
Jul 20231606,17974.852.64$28,300
Jun 2023561,29968.962.26$6,796
May 20231533,94670.622.23$19,594
Apr 20231109,66078.122.24$30,210
Mar 20236117,59772.852.39$46,556
Feb 2023958,93575.112.47$29,166
Jan 20239017,73976.533.39$66,982
Dec 2022735,54276.415.73$37,328
Nov 202211317,04285.005.65$105,828
Oct 202220416,82887.185.86$116,460
Sep 202229715,11984.888.16$148,636
Aug 20222129,25294.529.13$104,483
Jul 202219519,803101.587.54$169,164
Jun 202222611,693115.097.98$119,288
May 20222308,653109.378.43$98,126
Apr 2022495,813104.226.84$44,854
Mar 20222156,372108.885.08$55,756
Feb 20222137,98491.054.86$58,187
Jan 202225512,55581.844.54$77,840
Dec 20212686,51871.323.90$44,528
Nov 20213207,98177.435.24$66,573
Oct 20211414,21979.795.71$35,357
Sep 2021713,07669.865.35$21,419
Aug 20211724,65966.024.22$31,019
Jul 20214236,10870.783.98$54,262
Jun 20212198,95469.493.38$45,488
May 20213924,27463.483.02$37,782
Apr 20214878,79660.362.76$53,658
Mar 202165412,60761.302.72$74,343
Feb 2021987,76157.805.55$48,722
Jan 202126111,33650.412.81$45,014
Dec 20201336,48744.642.68$23,293
Nov 20201014,10238.772.71$15,018
Oct 20202016,13436.972.48$22,634
Sep 20201065,59137.091.99$15,063
Aug 20201374,96739.982.39$17,324
Jul 2020992,99538.371.83$9,265
Jun 20201964,68234.901.69$14,754
May 2020212,77216.921.81$5,386
Apr 202017096114.751.80$4,242
Mar 20201594,41730.341.86$13,023
Feb 2020564,62849.881.98$11,960
Jan 20201964,39757.252.09$20,432
Dec 20191864,68159.012.30$21,763
Nov 20192766,50555.302.75$33,156
Oct 20192797,73253.472.42$33,618
Sep 20192997,86655.052.66$37,362
Aug 20193158,66153.112.30$36,688
Jul 20194658,25956.272.46$46,483
Jun 20193788,08452.782.49$40,090
May 20193496,94558.482.74$39,441
Apr 2019141,90362.632.75$6,111
Mar 2019192,10256.803.06$7,516
Feb 2019401,74050.852.79$6,892
Jan 20193433,22946.033.23$26,212
Dec 201848312,13546.594.19$73,293
Nov 20183938,92852.934.24$58,632
Oct 20181074,06761.443.40$20,394
Sep 20181893,71859.543.11$22,809
Aug 20182205,26059.403.07$29,198
Jul 20182955,30565.142.93$34,770
Jun 20181804,24560.183.08$23,894
May 20181982,14265.382.90$19,159
Apr 20182584,46263.842.90$29,414
Mar 20183426,91461.222.79$40,205
Feb 20184178,23161.782.77$48,530
Jan 201839910,57662.874.01$67,488
Dec 20173967,81957.272.92$45,522
Nov 20175519,37355.423.12$59,765
Oct 201749511,42249.292.98$58,478
Sep 201755611,11247.523.09$60,727
Aug 20172605,90845.373.00$29,546
Jul 20176509,41243.873.09$57,573
Jun 201767510,29042.493.09$60,449
May 201755912,72045.373.26$66,872
Apr 201778012,93547.933.21$78,927
Mar 201764515,11846.772.98$75,274
Feb 201773715,55050.452.95$83,095
Jan 201773312,74149.413.42$79,776
Dec 20165108,81048.763.72$57,666
Nov 201664910,52642.492.64$55,410
Oct 201677014,82846.193.09$81,389
Sep 201682914,75041.553.10$80,179
Aug 201687316,97941.442.92$85,829
Jul 201695118,15241.622.92$92,663
Jun 201686520,60945.352.69$94,580
May 201678022,45242.521.99$77,868
Apr 201675523,10736.561.99$73,610
Mar 201682725,96633.011.79$73,883
Feb 201693429,59426.472.06$85,794
Jan 20161,05627,66327.352.36$94,287
Dec 201597824,12532.362.00$79,932
Nov 20151,10225,58138.792.17$98,189
Oct 20151,18028,36543.552.43$120,219
Sep 20151,39432,12942.992.76$148,553
Aug 20151,49522,68740.162.87$125,207
Jul 20151,69323,83248.152.95$151,705
Jun 20151,76126,28356.152.88$174,650
May 20152,12129,59055.212.96$204,552
Apr 20152,41932,43249.822.71$208,294
Mar 20152,77238,81142.892.93$232,790
Feb 20153,03341,61144.662.98$259,296
Jan 20153,92953,01543.433.10$335,016
Dec 20143,78154,07854.693.59$400,996
Nov 20145,04463,55770.464.25$625,634
Oct 20146,19978,37578.303.90$791,119
Sep 20146,79086,87586.164.05$936,474
Aug 20143,27038,90689.394.04$449,296

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           214 bbl  × $106.41 =    $22,772
Gas                6,077 Mcf  × $  3.05 =    $18,510

────────────────────────────────────────────────────
Month total                                  $41,281

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/275849 is the state's own key, not one this site invented.