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 276279District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Oct 2014 – May 2026
Value, last 12 filed months
$206 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 Gas112016-08-15216432
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
CondensateDisposition159,860 bbl$8,562,550
GasProduction735,236 Mcf$2,344,561
Total$10,907,111

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 28.8111, -97.9603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81111, -97.96028 · 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
12,212 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 12,212 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-255337988H12,212 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 20263342,421106.413.05$42,915
Apr 20268752998.932.87$10,125
Mar 202610967189.753.15$11,896
Feb 20262294,77463.503.75$32,446
Jan 20262331,85259.138.00$28,589
Dec 202521698756.664.41$16,595
Nov 202521467658.593.93$15,193
Oct 20252541,21659.383.30$19,101
Sep 20251961,14862.743.08$15,829
Aug 202516363.933.01$1,032
Jul 202516266.743.32$1,074
Jun 202515234766.483.13$11,191
May 202521155560.553.23$14,570
Apr 202532790962.363.54$23,612
Mar 20251683,21267.704.27$25,083
Feb 202518814,97870.884.34$78,343
Jan 20251687,44074.324.28$44,319
Dec 202424176368.993.12$19,008
Nov 202424080369.052.20$18,337
Oct 202423794971.372.28$19,080
Sep 20242471,03469.612.36$19,638
Aug 202423095475.632.06$19,364
Jul 202424699279.932.15$21,792
Jun 202423594878.082.63$20,846
May 20242581,12178.812.20$22,797
Apr 202420885384.451.66$18,981
Mar 202422484680.301.55$19,294
Feb 202422583876.091.78$18,615
Jan 202424793973.023.30$21,132
Dec 202330072071.262.61$23,258
Nov 202330774677.892.81$26,007
Oct 202323363885.443.09$21,877
Sep 202322763889.042.74$21,957
Aug 20233511,38880.522.67$31,972
Jul 20238255774.852.64$7,609
Jun 202335347368.962.26$25,411
May 202333885670.622.23$25,776
Apr 202326061978.122.24$21,696
Mar 202328771872.852.39$22,626
Feb 202326274975.112.47$21,526
Jan 202325574076.533.39$22,022
Dec 202227093376.415.73$25,976
Nov 20223081,06985.005.65$32,216
Oct 202232998287.185.86$34,440
Sep 20222931,12284.888.16$34,029
Aug 202232998794.529.13$40,106
Jul 20224031,367101.587.54$51,247
Jun 2022286947115.097.98$40,470
May 20224531,631109.378.43$63,299
Apr 202240499104.226.84$7,581
Mar 20222181,080108.885.08$29,218
Feb 20222011,10091.054.86$23,646
Jan 20223751,88381.844.54$39,234
Dec 20212901,29471.323.90$25,728
Nov 20212931,31277.435.24$29,558
Oct 20212891,28679.795.71$30,407
Sep 20212451,25469.865.35$23,826
Aug 20212301,63966.024.22$22,102
Jul 20212382,02770.783.98$24,917
Jun 20211791,62169.493.38$17,919
May 20213062,22563.483.02$26,139
Apr 20213272,11660.362.76$25,575
Mar 20213742,40061.302.72$29,447
Feb 20211911,40657.805.55$18,840
Jan 20212363,12250.412.81$20,670
Dec 20202851,20144.642.68$15,936
Nov 202010995738.772.71$6,816
Oct 20208262,45636.972.48$36,624
Sep 202068974537.091.99$27,038
Aug 20205501,63639.982.39$25,891
Jul 20205132,66138.371.83$24,540
Jun 20204302,04634.901.69$18,465
May 20204631,99516.921.81$11,454
Apr 20203971,93214.751.80$9,342
Mar 20204792,16030.341.86$18,542
Feb 20204231,76749.881.98$24,599
Jan 20205032,24157.252.09$33,491
Dec 20195412,14059.012.30$36,856
Nov 20195472,34255.302.75$36,691
Oct 20196142,68753.472.42$39,329
Sep 20195932,16155.052.66$38,387
Aug 20196382,41653.112.30$39,452
Jul 20196412,26256.272.46$41,634
Jun 20195772,78252.782.49$37,385
May 20196212,90058.482.74$44,263
Apr 20196383,21662.632.75$48,804
Mar 20197013,45256.803.06$50,387
Feb 20194012,58950.852.79$27,620
Jan 20198823,95646.033.23$53,369
Dec 20185541,89846.594.19$33,755
Nov 201822074552.934.24$14,801
Oct 20186242,51261.443.40$46,875
Sep 20187983,57659.543.11$58,627
Aug 20189444,07459.403.07$68,567
Jul 20188622,25365.142.93$62,756
Jun 20186329660.183.08$4,702
May 20186243565.382.90$5,315
Apr 20187942,57563.842.90$58,159
Mar 20181,0343,70261.222.79$73,618
Feb 20189183,19161.782.77$65,541
Jan 20188063,03562.874.01$62,842
Dec 20179624,22557.272.92$67,437
Nov 20178554,61455.423.12$61,772
Oct 20171,0515,37649.292.98$67,844
Sep 20177544,49847.523.09$49,717
Aug 20177623,95945.373.00$46,466
Jul 20171,0965,27643.873.09$64,370
Jun 20171,0295,20442.493.09$59,788
May 20171,0994,86545.373.26$65,738
Apr 20171,1024,64647.933.21$67,740
Mar 20171,2684,99446.772.98$74,205
Feb 20171,2555,36650.452.95$79,158
Jan 20171,3776,41649.413.42$89,973
Dec 20161,6576,65548.763.72$105,571
Nov 20161,5806,97242.492.64$85,571
Oct 20161,6387,19946.193.09$97,906
Sep 20161,7177,76641.553.10$95,421
Aug 20161,5368,39241.442.92$88,193
Jul 20161,6109,34741.622.92$94,342
Jun 20161,73410,47045.352.69$106,758
May 20162,22614,25842.521.99$123,038
Apr 20161,6267,83536.561.99$75,046
Mar 20161,8798,66033.011.79$77,562
Feb 20162,0278,34026.472.06$70,865
Jan 20162,4349,72427.352.36$89,561
Dec 20152,61911,36932.362.00$107,505
Nov 20152,1749,68938.792.17$105,329
Oct 20152,86812,66943.552.43$155,644
Sep 20153,11612,67142.992.76$168,909
Aug 20153,30515,11240.162.87$176,138
Jul 20153,73017,18748.152.95$230,217
Jun 20154,00022,92256.152.88$290,681
May 20154,80120,74655.212.96$326,377
Apr 20154,85021,70549.822.71$300,373
Mar 20156,19025,82642.892.93$341,281
Feb 20156,49227,98544.662.98$373,221
Jan 20159,08237,54743.433.10$510,851
Dec 201412,24066,78454.693.59$909,251
Nov 201415,00564,01270.464.25$1,329,421
Oct 20148,46024,05978.303.90$756,271

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           334 bbl  × $106.41 =    $35,541
Gas                2,421 Mcf  × $  3.05 =     $7,374

────────────────────────────────────────────────────
Month total                                  $42,915

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/276279 is the state's own key, not one this site invented.