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 276261District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Oct 2014 – May 2026
Value, last 12 filed months
$278 k
at the published price for each month
Months reported
140
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 Gas112015-07-20216433
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
CondensateDisposition161,766 bbl$8,632,477
GasProduction750,650 Mcf$2,423,805
Total$11,056,282

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 28.8108, -97.9615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81077, -97.96151 · 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
12,228 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 12,228 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-255337327H12,228 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 (140)

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

140 months

May 202616312106.413.05$17,381
Apr 20263763,55698.932.87$47,402
Mar 20264255,35989.753.15$55,022
Feb 20264683,54563.503.75$43,013
Jan 20264161,41559.138.00$35,915
Dec 20253091,04456.664.41$22,115
Nov 20252721,26258.593.93$20,892
Oct 202514981459.383.30$11,538
Sep 202516897862.743.08$13,550
Aug 202515627363.933.01$10,796
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20251060.553.23$61
Apr 202518362.363.54$1,133
Mar 202526567.704.27$1,782
Feb 202538970.884.34$2,733
Jan 20255716474.324.28$4,938
Dec 20247141368.993.12$6,187
Nov 202412637869.052.20$9,531
Oct 202417068971.372.28$13,705
Sep 202416580669.612.36$13,391
Aug 20241441,53575.632.06$14,058
Jul 2024761,30279.932.15$8,870
Jun 20243112,99878.082.63$36,657
May 20241211,51578.812.20$12,867
Apr 2024671,68484.451.66$8,452
Mar 20242135680.301.55$17,190
Feb 202421392276.091.78$17,852
Jan 202428076573.023.30$22,968
Dec 20234683971.262.61$5,468
Nov 2023331877.892.81$1,126
Oct 20236837685.443.09$6,971
Sep 202324792789.042.74$24,528
Aug 202331367380.522.67$27,002
Jul 202327774174.852.64$22,691
Jun 202332785868.962.26$24,488
May 202330288570.622.23$23,298
Apr 202339392478.122.24$32,769
Mar 202320587572.852.39$17,028
Feb 20233211,16875.112.47$26,990
Jan 202338954276.533.39$31,606
Dec 202211334876.415.73$10,628
Nov 202235767085.005.65$34,128
Oct 202244192887.185.86$43,888
Sep 20223911,14684.888.16$42,544
Aug 20226433,01094.529.13$88,249
Jul 20227343,600101.587.54$101,711
Jun 20226443,571115.097.98$102,605
May 2022121,207109.378.43$11,491
Apr 2022291,676104.226.84$14,482
Mar 202281,728108.885.08$9,643
Feb 20221122,26491.054.86$21,198
Jan 20221903,42081.844.54$31,068
Dec 20211043,25871.323.90$20,121
Nov 20211712,82577.435.24$28,035
Oct 20212073,55279.795.71$36,812
Sep 20212424,09869.865.35$38,834
Aug 20211833,85566.024.22$28,352
Jul 20212633,70570.783.98$33,369
Jun 20213015,60669.493.38$39,868
May 20211673,73663.483.02$21,875
Apr 20211771,72760.362.76$15,448
Mar 20212936,14461.302.72$34,654
Feb 20214615,97757.805.55$59,806
Jan 202134158050.412.81$18,820
Dec 202017376544.642.68$9,769
Nov 20209850938.772.71$5,177
Oct 20205431,91436.972.48$24,818
Sep 20206422,25037.091.99$28,292
Aug 20207211,97239.982.39$33,529
Jul 20207382,19038.371.83$32,314
Jun 20209293,00334.901.69$37,498
May 20203961,27416.921.81$9,012
Apr 202024888714.751.80$5,258
Mar 202016395330.341.86$6,714
Feb 20205412,12249.881.98$31,188
Jan 20205852,14357.252.09$37,980
Dec 20192592,21159.012.30$20,379
Nov 20196452,92355.302.75$43,709
Oct 20196472,12353.472.42$39,730
Sep 20197682,60655.052.66$49,203
Aug 20197772,22453.112.30$46,391
Jul 20198251,80556.272.46$50,863
Jun 20196811,08252.782.49$38,639
May 20193472,41658.482.74$26,913
Apr 20197373,20362.632.75$54,969
Mar 20198423,59056.803.06$58,819
Feb 20195552,19950.852.79$34,362
Jan 20199623,17946.033.23$54,543
Dec 20181,0413,29346.594.19$62,283
Nov 20188374,24552.934.24$62,289
Oct 20186964,57961.443.40$58,322
Sep 20189714,07559.543.11$70,478
Aug 20181,0584,04959.403.07$75,262
Jul 20181,1333,75765.142.93$84,819
Jun 20189114,25360.183.08$67,910
May 20188364,53965.382.90$67,824
Apr 20188073,62663.842.90$62,037
Mar 20188853,25261.222.79$63,243
Feb 20181,6244,74461.782.77$113,453
Jan 20181,3364,05862.874.01$100,264
Dec 20171,5744,77457.272.92$104,090
Nov 20171,6535,15255.423.12$107,675
Oct 20171,5384,73449.292.98$89,933
Sep 20171,5755,85747.523.09$92,926
Aug 20177733,70945.373.00$46,214
Jul 20179664,83043.873.09$57,290
Jun 20179495,27942.493.09$56,621
May 20171,0854,94045.373.26$65,348
Apr 20171,4524,57647.933.21$84,291
Mar 20171,4794,93046.772.98$83,882
Feb 20171,4685,35650.452.95$89,875
Jan 20171,6916,43349.413.42$105,545
Dec 20161,6745,76448.763.72$103,083
Nov 20161,3676,72642.492.64$75,870
Oct 20161,43014,47646.193.09$110,786
Sep 20161,47512,87641.553.10$101,210
Aug 20161,5198,49841.442.92$87,798
Jul 20161,5299,16841.622.92$90,447
Jun 20161,56510,01345.352.69$97,866
May 20161,77012,58842.521.99$100,324
Apr 20161,91110,47036.561.99$90,712
Mar 20162,09910,75133.011.79$88,575
Feb 20162,2017,39726.472.06$73,525
Jan 20162,4109,12227.352.36$87,481
Dec 20152,51510,44632.362.00$102,292
Nov 20151,9239,25438.792.17$94,650
Oct 20152,57212,00543.552.43$141,142
Sep 20152,95713,21742.992.76$163,579
Aug 20153,03114,70240.162.87$163,956
Jul 20153,45216,50748.152.95$214,828
Jun 20153,56722,86156.152.88$266,192
May 20154,45722,17255.212.96$311,599
Apr 20155,00316,85349.822.71$294,863
Mar 20156,16920,96342.892.93$326,109
Feb 20156,44323,52844.662.98$357,768
Jan 20159,11130,63043.433.10$490,663
Dec 201411,95061,28954.693.59$873,656
Nov 201413,98658,52770.464.25$1,234,301
Oct 20147,32622,00578.303.90$659,466

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           163 bbl  × $106.41 =    $17,345
Gas                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                  $17,381

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/276261 is the state's own key, not one this site invented.