SCHENDEL 02

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 276874District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.3 M
Jun 2014 – May 2026
Value, last 12 filed months
$288 k
at the published price for each month
Months reported
144
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 Gas112015-10-05217000
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
CondensateDisposition316,567 bbl$18,473,354
GasProduction1,185,221 Mcf$3,787,417
Total$22,260,771

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 28.8956, -97.7704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89565, -97.77041 · 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
13,249 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 13,249 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-2553347113H13,249 ftJun 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 (144)

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

144 months

May 20263051,595106.413.05$37,313
Apr 20263211,98898.932.87$37,462
Mar 202637678789.753.15$36,225
Feb 20264161,76463.503.75$33,032
Jan 20261332,00159.138.00$23,868
Dec 20259258656.664.41$7,799
Nov 20253771,87658.593.93$29,454
Oct 20254502,01559.383.30$33,380
Sep 20255762,27162.743.08$43,126
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20258427166.483.13$6,432
May 20258632960.553.23$6,271
Apr 20252901,41362.363.54$23,091
Mar 20253752,12067.704.27$34,436
Feb 20254021,44170.884.34$34,749
Jan 202517785274.324.28$16,800
Dec 202416786768.993.12$14,228
Nov 202414378469.052.20$11,598
Oct 202417772171.372.28$14,277
Sep 202413980069.612.36$11,567
Aug 202414883475.632.06$12,914
Jul 202415487579.932.15$14,187
Jun 20242461,86878.082.63$24,128
May 20243152,11778.812.20$29,479
Apr 20243202,18284.451.66$30,644
Mar 20243882,32280.301.55$34,744
Feb 20244272,16376.091.78$36,348
Jan 20243251,01073.023.30$27,062
Dec 20233671,75871.262.61$30,742
Nov 20233431,82577.892.81$31,840
Oct 20233661,86785.443.09$37,035
Sep 20233731,75889.042.74$38,020
Aug 20233581,73980.522.67$33,474
Jul 20233841,98474.852.64$33,984
Jun 20233541,90068.962.26$28,703
May 20233461,64670.622.23$28,101
Apr 20233301,86778.122.24$29,958
Mar 20233431,90072.852.39$29,535
Feb 20234422,02375.112.47$38,187
Jan 20234532,27976.533.39$42,389
Dec 20224341,89576.415.73$44,019
Nov 20224841,55985.005.65$49,942
Oct 20225231,72987.185.86$55,734
Sep 20224901,48184.888.16$53,682
Aug 20225803,15394.529.13$83,600
Jul 20225621,595101.587.54$69,118
Jun 20225261,597115.097.98$73,277
May 20224251,764109.378.43$61,358
Apr 20225521,998104.226.84$71,191
Mar 20225932,404108.885.08$76,770
Feb 20224872,71591.054.86$57,533
Jan 20226602,37881.844.54$64,805
Dec 20215432,19371.323.90$47,278
Nov 20215292,30677.435.24$53,037
Oct 20215022,35979.795.71$53,534
Sep 20215042,11769.865.35$46,537
Aug 20217052,24366.024.22$56,011
Jul 20215732,33070.783.98$49,835
Jun 20215742,10769.493.38$47,010
May 20215932,16463.483.02$44,174
Apr 20217212,33760.362.76$49,966
Mar 20217162,36461.302.72$50,314
Feb 20215372,34457.805.55$44,043
Jan 20217601,93550.412.81$43,749
Dec 20208022,33044.642.68$42,035
Nov 20208774,97038.772.71$47,453
Oct 20204312,45336.972.48$22,014
Sep 202028781437.091.99$12,266
Aug 20204981,78439.982.39$24,165
Jul 20205902,16138.371.83$26,582
Jun 20205572,46434.901.69$23,604
May 20205452,30116.921.81$13,397
Apr 20207374,29614.751.80$18,622
Mar 20206402,43730.341.86$23,941
Feb 202015859749.881.98$9,064
Jan 20205502,59357.252.09$36,919
Dec 20197783,60959.012.30$54,226
Nov 201949886855.302.75$29,927
Oct 20195405,83253.472.42$42,979
Sep 20199488,13655.052.66$73,807
Aug 20191,1778,77353.112.30$82,727
Jul 20199182,03056.272.46$56,650
Jun 20197262,18352.782.49$43,757
May 20199961,98058.482.74$63,672
Apr 20198174,64762.632.75$63,951
Mar 20191,2685,81356.803.06$89,822
Feb 20191,1023,14750.852.79$64,824
Jan 20191,3274,28546.033.23$74,915
Dec 20181,3224,38046.594.19$79,924
Nov 20181,1943,56352.934.24$78,296
Oct 20181,3923,33961.443.40$96,871
Sep 20181,2552,70359.543.11$83,124
Aug 20181,4236,53259.403.07$104,557
Jul 20181,5219,16665.142.93$125,952
Jun 20181,5808,93560.183.08$122,577
May 20181,7212,64465.382.90$120,189
Apr 20181,6958,57563.842.90$133,083
Mar 20181,9959,64061.222.79$148,999
Feb 20181,7657,92861.782.77$130,972
Jan 20181,6668,00062.874.01$136,816
Dec 20172,31910,59357.272.92$163,757
Nov 20172,36811,22355.423.12$166,232
Oct 20172,60612,32549.292.98$165,224
Sep 20172,53311,63647.523.09$156,292
Aug 20172,3779,94145.373.00$137,711
Jul 20172,3588,27843.873.09$129,002
Jun 20172,3678,46142.493.09$126,695
May 20172,6069,37345.373.26$148,822
Apr 20172,6279,56347.933.21$156,625
Mar 20172,82910,48346.772.98$163,590
Feb 20172,5969,57950.452.95$159,251
Jan 20173,22711,84049.413.42$199,925
Dec 20163,07111,60548.763.72$192,945
Nov 20163,29412,87042.492.64$173,995
Oct 20163,56213,43046.193.09$206,031
Sep 20169953,69241.553.10$52,790
Aug 20164,12116,44141.442.92$218,853
Jul 20163,98115,59141.622.92$211,283
Jun 20164,58617,90245.352.69$256,057
May 20165,11019,57642.521.99$256,254
Apr 20164,16716,25336.561.99$184,706
Mar 20164,54017,64333.011.79$181,517
Feb 20165,51117,93926.472.06$182,896
Jan 20165,28619,18527.352.36$189,932
Dec 20155,47021,53732.362.00$220,114
Nov 20155,63321,38338.792.17$264,848
Oct 20154,07515,71043.552.43$215,588
Sep 20157,12228,23142.992.76$384,048
Aug 20157,74630,02840.162.87$397,334
Jul 20158,23831,27148.152.95$488,755
Jun 20158,36731,57956.152.88$560,845
May 20158,81831,98555.212.96$581,372
Apr 201510,72334,10249.822.71$626,519
Mar 20158,50021,29242.892.93$427,051
Feb 20155,74722,61344.662.98$323,962
Jan 20159,57336,83243.433.10$529,958
Dec 201410,46737,32154.693.59$706,473
Nov 201411,30637,50870.464.25$956,099
Oct 201411,21039,49578.303.90$1,031,811
Sep 201412,94045,58586.164.05$1,299,322
Aug 201417,49061,09389.394.04$1,809,949
Jul 201419,03757,16296.564.18$2,077,127
Jun 20143,3317,69998.164.74$363,440

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           305 bbl  × $106.41 =    $32,455
Gas                1,595 Mcf  × $  3.05 =     $4,858

────────────────────────────────────────────────────
Month total                                  $37,313

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/276874 is the state's own key, not one this site invented.