THREE SISTERS 01

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 276908District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.3 M
Aug 2014 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
142
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 Gas112015-08-11217004
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
CondensateDisposition167,867 bbl$9,475,670
GasProduction1,210,145 Mcf$3,817,988
Total$13,293,658

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 28.5723, -98.2335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57231, -98.23346 · 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
12,909 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 12,909 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-2973547722H12,909 ftAug 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 (142)

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

142 months

May 2026087106.413.05$265
Apr 202676998.932.87$891
Mar 2026379489.753.15$3,617
Feb 202673863.503.75$587
Jan 202617559.138.00$659
Dec 202578656.664.41$776
Nov 202508858.593.93$346
Oct 202528959.383.30$413
Sep 2025118962.743.08$964
Aug 2025139163.933.01$1,105
Jul 2025159466.743.32$1,313
Jun 2025129466.483.13$1,092
May 20251110760.553.23$1,012
Apr 20251610162.363.54$1,356
Mar 202506867.704.27$290
Feb 202509170.884.34$395
Jan 2025118974.324.28$1,198
Dec 2024118368.993.12$1,018
Nov 202459469.052.20$552
Oct 202415771.372.28$201
Sep 2024206169.612.36$1,536
Aug 2024107575.632.06$911
Jul 2024568979.932.15$4,667
Jun 2024479678.082.63$3,923
May 20242012178.812.20$1,842
Apr 20241911784.451.66$1,799
Mar 20243543,91380.301.55$34,472
Feb 2024751976.091.78$5,741
Jan 2024156573.023.30$1,310
Dec 20230071.262.61$0
Nov 2023327777.892.81$2,709
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023166380.522.67$1,457
Jul 20238266174.852.64$7,884
Jun 20231841,74768.962.26$16,634
May 20233083,31070.622.23$29,124
Apr 20232533,64278.122.24$27,914
Mar 20232234,26572.852.39$26,452
Feb 20231514175.112.47$1,474
Jan 20234413,86776.533.39$46,850
Dec 20222592,79676.415.73$35,809
Nov 20223754,12085.005.65$55,137
Oct 20222625487.185.86$3,756
Sep 2022891,01484.888.16$15,832
Aug 202210094.529.13$945
Jul 20221051,269101.587.54$20,237
Jun 20221271,642115.097.98$27,715
May 20222122,567109.378.43$44,834
Apr 20222162,617104.226.84$40,406
Mar 20222372,551108.885.08$38,754
Feb 20221431,82491.054.86$21,883
Jan 20221612,10181.844.54$22,710
Dec 20213243,50671.323.90$36,778
Nov 20212623,33477.435.24$37,746
Oct 20213163,63479.795.71$45,978
Sep 20213594,00569.865.35$46,510
Aug 20213444,41866.024.22$41,357
Jul 20212673,75270.783.98$33,839
Jun 20212642,66269.493.38$27,345
May 20213634,57463.483.02$36,846
Apr 20213413,55360.362.76$30,383
Mar 20213544,05161.302.72$32,707
Feb 20213133,95557.805.55$40,034
Jan 20213974,25250.412.81$31,962
Dec 20204334,57244.642.68$31,561
Nov 20203884,51638.772.71$27,266
Oct 20203894,68836.972.48$26,000
Sep 20203764,66337.091.99$23,230
Aug 20203914,94439.982.39$27,424
Jul 20204005,14038.371.83$24,729
Jun 20204105,04634.901.69$22,838
May 20204355,43016.921.81$17,214
Apr 20204165,37714.751.80$15,838
Mar 20204395,53230.341.86$23,588
Feb 20204045,26749.881.98$30,584
Jan 20204355,46557.252.09$36,352
Dec 20194435,70359.012.30$39,283
Nov 20194295,98955.302.75$40,198
Oct 20193795,57453.472.42$33,746
Sep 20195795,83355.052.66$47,374
Aug 20196166,13553.112.30$46,853
Jul 20196106,31756.272.46$49,865
Jun 20196116,13352.782.49$47,527
May 20196426,46458.482.74$55,258
Apr 20196356,21762.632.75$56,871
Mar 20196476,58856.803.06$56,923
Feb 20196165,90150.852.79$47,800
Jan 20196866,73846.033.23$53,328
Dec 20187287,56646.594.19$65,585
Nov 20186357,05652.934.24$63,509
Oct 20187438,37861.443.40$74,119
Sep 20187058,13159.543.11$67,247
Aug 20186767,49959.403.07$63,151
Jul 20186266,76065.142.93$60,597
Jun 20185736,12060.183.08$53,314
May 20186046,09565.382.90$57,170
Apr 20185595,53463.842.90$51,740
Mar 20185985,82261.222.79$52,835
Feb 20185855,66861.782.77$51,820
Jan 20184624,40562.874.01$46,707
Dec 20176556,35257.272.92$56,069
Nov 20177786,72955.423.12$64,100
Oct 20177867,73149.292.98$61,809
Sep 20177908,16247.523.09$62,739
Aug 20177477,87645.373.00$57,554
Jul 20178418,71343.873.09$63,794
Jun 20178508,81142.493.09$63,319
May 20179029,53945.373.26$72,053
Apr 20179069,49147.933.21$73,906
Mar 20171,37412,55046.772.98$101,707
Feb 20171,28311,70150.452.95$99,276
Jan 20171,39512,80849.413.42$112,715
Dec 20161,38912,67648.763.72$114,918
Nov 20161,27212,93742.492.64$88,257
Oct 20161,22913,65046.193.09$98,950
Sep 20161,22013,59741.553.10$92,850
Aug 20161,31414,34641.442.92$96,405
Jul 20161,36614,73841.622.92$99,952
Jun 20161,41614,98145.352.69$104,452
May 20161,50815,67042.521.99$95,320
Apr 20161,52814,08236.561.99$83,902
Mar 20161,71115,01133.011.79$83,410
Feb 20161,72812,98326.472.06$72,532
Jan 20161,96012,57927.352.36$83,347
Dec 20152,55319,45132.362.00$121,545
Nov 20152,53318,42938.792.17$138,197
Oct 20152,83420,97143.552.43$174,309
Sep 20153,04622,77242.992.76$193,762
Aug 20153,55626,18840.162.87$218,034
Jul 20153,96028,15048.152.95$273,578
Jun 20154,30429,84356.152.88$327,703
May 20155,31734,74155.212.96$396,227
Apr 20154,84827,56149.822.71$316,123
Mar 20156,75538,59942.892.93$402,999
Feb 20157,06837,77444.662.98$428,079
Jan 20159,45149,55343.433.10$564,102
Dec 201411,44359,89754.693.59$840,929
Nov 201413,33168,06670.464.25$1,228,708
Oct 201416,16379,44178.303.90$1,575,459
Sep 201412,73656,31686.164.05$1,325,157
Aug 20141,5178,95089.394.04$171,719

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             0 bbl  × $106.41 =         $0
Gas                   87 Mcf  × $  3.05 =       $265

────────────────────────────────────────────────────
Month total                                     $265

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/276908 is the state's own key, not one this site invented.