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 276876District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.5 M
Jul 2014 – May 2026
Value, last 12 filed months
$885 k
at the published price for each month
Months reported
143
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 Gas112015-09-16217001
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
CondensateDisposition349,582 bbl$22,283,786
GasProduction972,907 Mcf$3,230,448
Total$25,514,234

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 28.8944, -97.7717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89443, -97.77172 · 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
12,813 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 12,813 ft.

Completions filed
Mar 2024
1 of 1 wells

1 well

42-2553346810H12,813 ftMar 2024

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 (143)

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

143 months

May 20268466,903106.413.05$111,048
Apr 20267966,35598.932.87$96,985
Mar 20268346,64389.753.15$95,773
Feb 20263953,63663.503.75$38,719
Jan 20261321,79959.138.00$22,193
Dec 20256322,64956.664.41$47,500
Nov 20256632,82958.593.93$49,953
Oct 20259513,04359.383.30$66,527
Sep 20259663,58662.743.08$71,641
Aug 20251,2174,40463.933.01$91,080
Jul 20251,0864,33466.743.32$86,848
Jun 20251,3315,79666.483.13$106,619
May 20259260.553.23$551
Apr 2025511162.363.54$3,219
Mar 202517567.704.27$1,172
Feb 202522243570.884.34$17,624
Jan 20256203,46774.324.28$60,913
Dec 20245322,40768.993.12$44,216
Nov 20244451,74669.052.20$34,566
Oct 20245002,24371.372.28$40,802
Sep 20245092,38369.612.36$41,066
Aug 20245022,38275.632.06$42,882
Jul 20245352,67479.932.15$48,503
Jun 20245222,61178.082.63$47,635
May 20245682,86078.812.20$51,052
Apr 20246913,42084.451.66$64,029
Mar 202439856280.301.55$32,828
Feb 20240076.091.78$0
Jan 202433373.023.30$328
Dec 202313371.262.61$157
Nov 202301977.892.81$53
Oct 202312485.443.09$160
Sep 202301789.042.74$47
Aug 202318380.522.67$1,457
Jul 20231526974.852.64$1,833
Jun 20230068.962.26$0
May 202305470.622.23$120
Apr 20232178.122.24$158
Mar 2023662772.852.39$4,873
Feb 202314570375.112.47$12,624
Jan 20234942,01376.533.39$44,625
Dec 20224321,16876.415.73$39,701
Nov 202237594285.005.65$37,194
Oct 20224111,47987.185.86$44,503
Sep 202237191784.888.16$38,977
Aug 202238296994.529.13$44,951
Jul 20224721,415101.587.54$58,618
Jun 20223181,162115.097.98$45,868
May 2022169144109.378.43$19,698
Apr 202216066104.226.84$17,126
Mar 20224931,177108.885.08$59,653
Feb 202232415491.054.86$30,248
Jan 202270143881.844.54$59,357
Dec 20214931,02071.323.90$39,138
Nov 202143899577.435.24$39,125
Oct 20214801,38779.795.71$46,224
Sep 202139876969.865.35$31,919
Aug 202165789966.024.22$47,169
Jul 20215211,43370.783.98$42,583
Jun 202145455569.493.38$33,425
May 20215781,49663.483.02$41,206
Apr 20215201,07660.362.76$34,355
Mar 20218512,93561.302.72$60,141
Feb 20215782,60657.805.55$47,866
Jan 20218193,31850.412.81$50,610
Dec 20208643,75244.642.68$48,607
Nov 20205138.772.71$197
Oct 202062036.972.48$271
Sep 20201137.091.99$39
Aug 202041939.982.39$205
Jul 202036138.371.83$226
Jun 202017934.901.69$168
May 20204116.921.81$69
Apr 2020616914.751.80$393
Mar 20201022530.341.86$721
Feb 2020194349.881.98$1,033
Jan 20201621657.252.09$1,368
Dec 20191727159.012.30$1,628
Nov 2019013155.302.75$360
Oct 201927653.472.42$291
Sep 20190055.052.66$0
Aug 20197853.112.30$390
Jul 20194531,34056.272.46$28,787
Jun 20199592,82052.782.49$57,641
May 20191,0202,94458.482.74$67,717
Apr 20191,0343,18762.632.75$73,526
Mar 20191,0473,94556.803.06$71,550
Feb 20191,0523,97050.852.79$64,579
Jan 20198702,61046.033.23$48,472
Dec 20187634,41946.594.19$54,044
Nov 20181,1345,04552.934.24$81,400
Oct 20181,1545,42361.443.40$89,330
Sep 20181,1615,69159.543.11$86,814
Aug 20181,3116,47259.403.07$97,720
Jul 20181,3577,40165.142.93$110,094
Jun 20181,3797,32860.183.08$105,536
May 20181,4087,38765.382.90$113,483
Apr 20181,5288,27663.842.90$121,555
Mar 20181,6477,63261.222.79$122,099
Feb 20181,6835,66761.782.77$119,651
Jan 20181,6547,29662.874.01$133,239
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20174413345.373.00$2,396
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201732745.373.26$224
Apr 20177612,24147.933.21$43,672
Mar 20171,8505,38446.772.98$102,589
Feb 20171,9815,76250.452.95$116,954
Jan 20173,0949,81549.413.42$186,430
Dec 20163,95310,95848.763.72$233,543
Nov 20163,68211,76542.492.64$187,559
Oct 20163,89512,30346.193.09$217,930
Sep 20163,70012,07241.553.10$191,166
Aug 20164,86114,97341.442.92$245,226
Jul 20164,80315,27041.622.92$244,556
Jun 20163,83611,30045.352.69$204,312
May 20161,0532,96242.521.99$50,671
Apr 20161,5635,60736.561.99$68,307
Mar 20163,80112,33233.011.79$147,595
Feb 20164,19113,13226.472.06$138,035
Jan 20166,20617,62527.352.36$211,406
Dec 20156,81019,77032.362.00$259,939
Nov 20157,72220,91838.792.17$344,873
Oct 20159,05523,60943.552.43$451,634
Sep 20159,84024,20742.992.76$489,795
Aug 201511,43727,41640.162.87$538,062
Jul 201512,85230,05948.152.95$707,350
Jun 201513,48031,01556.152.88$846,314
May 201514,96534,06055.212.96$926,880
Apr 20156,36714,41649.822.71$356,222
Mar 20150042.892.93$0
Feb 20153,93811,07444.662.98$208,829
Jan 20157,88521,13343.433.10$407,971
Dec 20149,90425,06654.693.59$631,671
Nov 201413,87233,38970.464.25$1,119,386
Oct 201423,23157,14978.303.90$2,041,923
Sep 201425,59862,80086.164.05$2,459,577
Aug 201434,45782,94989.394.04$3,414,820
Jul 201433,20375,38996.564.18$3,521,178

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           846 bbl  × $106.41 =    $90,023
Gas                6,903 Mcf  × $  3.05 =    $21,025

────────────────────────────────────────────────────
Month total                                 $111,048

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/276876 is the state's own key, not one this site invented.