KRANER UNIT A 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 276752District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.8 M
Dec 2014 – May 2026
Value, last 12 filed months
$402 k
at the published price for each month
Months reported
138
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 Gas222017-02-21 – 2017-06-272 dockets
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
CondensateDisposition135,773 bbl$6,677,080
GasProduction2,044,136 Mcf$6,165,627
Total$12,842,707

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 28.7549, -97.9518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75489, -97.95178 · 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
12,711 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 12,711 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-255339251H12,711 ftDec 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 (138)

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

138 months

May 2026956,049106.413.05$28,533
Apr 202614911,03298.932.87$46,399
Mar 20262239,37089.753.15$49,525
Feb 20263626,18663.503.75$46,186
Jan 20265672959.138.00$9,142
Dec 20252056.664.41$113
Nov 2025841,05758.593.93$9,072
Oct 20252545,98059.383.30$34,845
Sep 20254706,35262.743.08$49,032
Aug 20255955,98963.933.01$56,094
Jul 20252955,50566.743.32$37,938
Jun 20252855,31266.483.13$35,567
May 20257005,35560.553.23$59,694
Apr 20258255,34162.363.54$70,371
Mar 20254824,08267.704.27$50,055
Feb 2025912,30970.884.34$16,473
Jan 20251213,74074.324.28$24,995
Dec 20242643,70468.993.12$29,775
Nov 20241442,71069.052.20$15,901
Oct 20241343,39771.372.28$17,314
Sep 20241422,86569.612.36$16,659
Aug 20241934,31775.632.06$23,505
Jul 20242604,64079.932.15$30,742
Jun 20241073,24878.082.63$16,910
May 20241152,53878.812.20$14,643
Apr 2024994,75684.451.66$16,252
Mar 20242133,75680.301.55$22,907
Feb 20241462,87076.091.78$16,228
Jan 20241872,35573.023.30$21,421
Dec 20232303,03971.262.61$24,324
Nov 20232333,39077.892.81$27,666
Oct 20231873,11485.443.09$25,591
Sep 20231733,06189.042.74$23,776
Aug 20231683,12180.522.67$21,869
Jul 20231893,08774.852.64$22,302
Jun 20231402,28168.962.26$14,806
May 20231956,84870.622.23$29,024
Apr 20231448,57878.122.24$30,445
Mar 20232875,70472.852.39$34,559
Feb 20232043,50075.112.47$23,952
Jan 20231965,83376.533.39$34,760
Dec 20222266,81076.415.73$56,284
Nov 20222195,45085.005.65$49,387
Oct 20222429,00387.185.86$73,889
Sep 20221354,38484.888.16$47,248
Aug 20222409,32394.529.13$107,777
Jul 202233913,012101.587.54$132,573
Jun 20221188,421115.097.98$80,757
May 2022244,295109.378.43$38,845
Apr 202287,022104.226.84$48,847
Mar 20221054,477108.885.08$34,159
Feb 20224684,67491.054.86$65,322
Jan 20224144,44381.844.54$54,043
Dec 20214297,19071.323.90$58,631
Nov 20214906,56977.435.24$72,342
Oct 20211461179.795.71$4,608
Sep 20213464,50369.865.35$48,267
Aug 20211623,00466.024.22$23,374
Jul 20216465,98770.783.98$69,565
Jun 20213275,32269.493.38$40,715
May 20211,0687,36363.483.02$90,016
Apr 20214907,99860.362.76$51,638
Mar 20211752,68161.302.72$18,012
Feb 20216038657.805.55$5,610
Jan 20212812,16550.412.81$20,249
Dec 2020601,42044.642.68$6,478
Nov 2020281,02338.772.71$3,854
Oct 202027499236.972.48$12,588
Sep 2020103,06737.091.99$6,477
Aug 2020538239.982.39$1,111
Jul 2020568138.371.83$2,297
Jun 20201122,95134.901.69$8,897
May 20202611,47416.921.81$7,091
Apr 20201727,28114.751.80$15,675
Mar 2020117030.341.86$3,550
Feb 2020561,26149.881.98$5,291
Jan 20202256,25457.252.09$25,982
Dec 20192465,75059.012.30$27,767
Nov 201935310,15455.302.75$47,452
Oct 201936810,38053.472.42$44,781
Sep 201933812,16855.052.66$50,941
Aug 20191385,74753.112.30$20,572
Jul 20192842,46156.272.46$22,035
Jun 20193187,93152.782.49$36,542
May 20193137,45758.482.74$38,739
Apr 201952062.632.75$3,257
Mar 20192692,77256.803.06$23,767
Feb 20194148,16250.852.79$43,842
Jan 20194929,44446.033.23$53,134
Dec 20183827,65946.594.19$49,854
Nov 201847911,99052.934.24$76,158
Oct 20183099,84961.443.40$52,453
Sep 201842710,54259.543.11$58,188
Aug 20183769,87859.403.07$52,626
Jul 201821211,75365.142.93$48,268
Jun 201846910,72160.183.08$61,212
May 201852311,34865.382.90$67,112
Apr 20185309,31663.842.90$60,859
Mar 201857510,64161.222.79$64,856
Feb 201887912,88961.782.77$89,957
Jan 201888414,68862.874.01$114,466
Dec 20171,06717,26157.272.92$111,535
Nov 201792616,05355.423.12$101,378
Oct 201762212,61749.292.98$68,303
Sep 201776214,45847.523.09$80,846
Aug 20175089,99345.373.00$53,071
Jul 20171,16911,03043.873.09$85,337
Jun 201791713,81042.493.09$81,599
May 201765015,09645.373.26$78,755
Apr 201790714,59747.933.21$90,352
Mar 201775815,02246.772.98$80,273
Feb 201783513,34250.452.95$81,519
Jan 20171,29215,93749.413.42$118,323
Dec 20161,00719,63348.763.72$122,192
Nov 20161,18522,44542.492.64$109,703
Oct 20161,29525,35146.193.09$138,157
Sep 20161,44426,55241.553.10$142,326
Aug 20161,48331,60841.442.92$153,888
Jul 20161,87336,67141.622.92$185,193
Jun 20161,96436,14145.352.69$186,136
May 20162,20536,95542.521.99$167,335
Apr 20161,93935,79236.561.99$142,153
Mar 20162,05540,81733.011.79$141,062
Feb 20162,19843,83526.472.06$148,640
Jan 20162,55133,39527.352.36$148,728
Dec 20153,38343,06032.362.00$195,655
Nov 20153,50342,79238.792.17$228,626
Oct 20153,73848,88543.552.43$281,413
Sep 20154,11453,82442.992.76$325,330
Aug 20154,40765,33240.162.87$364,651
Jul 20154,98165,61048.152.95$433,062
Jun 20154,91566,34156.152.88$467,229
May 20156,05476,87355.212.96$561,436
Apr 20156,75181,04249.822.71$555,681
Mar 20157,72692,79942.892.93$603,706
Feb 20158,78897,59644.662.98$682,936
Jan 201510,315114,60043.433.10$803,313
Dec 20148,01584,89254.693.59$743,218

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            95 bbl  × $106.41 =    $10,109
Gas                6,049 Mcf  × $  3.05 =    $18,424

────────────────────────────────────────────────────
Month total                                  $28,533

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/276752 is the state's own key, not one this site invented.