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 276915District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.6 M
Aug 2014 – May 2026
Value, last 12 filed months
$0
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 Gas112015-09-16217007
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
CondensateDisposition185,448 bbl$10,981,101
GasProduction1,432,858 Mcf$4,632,725
Total$15,613,827

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 28.5706, -98.2344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57061, -98.23444 · 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
12,796 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 12,796 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-2973548225H12,796 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202425575.632.06$1,901
Jul 20240079.932.15$0
Jun 20241387278.082.63$10,965
May 2024151578.812.20$1,215
Apr 20246162884.451.66$6,193
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202329713589.042.74$26,814
Aug 20231304680.522.67$10,591
Jul 2023113374.852.64$911
Jun 202304368.962.26$97
May 202306070.622.23$134
Apr 20231059378.122.24$8,411
Mar 2023879072.852.39$6,553
Feb 2023575875.112.47$4,424
Jan 2023226976.533.39$1,917
Dec 2022122476.415.73$1,054
Nov 2022514885.005.65$4,606
Oct 20222010387.185.86$2,348
Sep 202212037484.888.16$13,239
Aug 20221,0277,97294.529.13$169,834
Jul 20223823,912101.587.54$68,308
Jun 20225336,808115.097.98$115,652
May 20225896,881109.378.43$122,447
Apr 20225096,027104.226.84$94,258
Mar 20227064,722108.885.08$100,840
Feb 20223333,99891.054.86$49,745
Jan 20223915,45181.844.54$56,734
Dec 20215585,99171.323.90$63,156
Nov 20215035,84177.435.24$69,536
Oct 20215537,95679.795.71$89,583
Sep 20214527,15769.865.35$69,873
Aug 20213526,79466.024.22$51,914
Jul 20213194,42370.783.98$40,192
Jun 20213515,99869.493.38$44,668
May 20214326,46963.483.02$46,945
Apr 20215007,54160.362.76$50,981
Mar 20214658,08861.302.72$50,479
Feb 20212735,07757.805.55$43,946
Jan 20213704,19050.412.81$30,427
Dec 20205219,09544.642.68$47,591
Nov 20204336,05238.772.71$33,168
Oct 20206049,31036.972.48$45,404
Sep 20206589,93237.091.99$44,180
Aug 20207339,71639.982.39$52,479
Jul 20207259,77938.371.83$45,666
Jun 202068410,41634.901.69$41,478
May 202068811,86916.921.81$33,180
Apr 202061210,51214.751.80$27,995
Mar 202070110,42830.341.86$40,625
Feb 202072210,87549.881.98$57,553
Jan 202083914,13857.252.09$77,648
Dec 201968310,67659.012.30$64,905
Nov 20196109,46455.302.75$59,766
Oct 20194918,59653.472.42$47,044
Sep 20196498,19455.052.66$57,501
Aug 20196598,28453.112.30$54,089
Jul 20196878,52756.272.46$59,634
Jun 20196949,49652.782.49$60,286
May 20197559,07158.482.74$69,010
Apr 20199139,08962.632.75$82,182
Mar 20198918,88156.803.06$77,803
Feb 20198968,09450.852.79$68,162
Jan 20191,0639,78146.033.23$80,505
Dec 20181,04310,12946.594.19$90,988
Nov 20189519,63152.934.24$91,145
Oct 20189749,80561.443.40$93,161
Sep 20188178,24059.543.11$74,254
Aug 20187098,46859.403.07$68,082
Jul 20187148,56365.142.93$71,616
Jun 20186768,22860.183.08$65,999
May 201878810,12765.382.90$80,896
Apr 20187708,47563.842.90$73,741
Mar 20187306,44461.222.79$62,649
Feb 20186016,39261.782.77$54,811
Jan 20186076,28062.874.01$63,341
Dec 20177046,73157.272.92$59,983
Nov 20176386,88055.423.12$56,812
Oct 20176807,17949.292.98$54,937
Sep 20176967,09947.523.09$54,991
Aug 20175716,28545.373.00$44,789
Jul 20176938,33443.873.09$56,131
Jun 20177147,64842.493.09$53,949
May 20177797,52345.373.26$59,894
Apr 20178558,42547.933.21$68,038
Mar 20178568,27746.772.98$64,731
Feb 20178568,65250.452.95$68,731
Jan 20171,0309,33449.413.42$82,803
Dec 20161,0559,92248.763.72$88,380
Nov 20161,00210,39342.492.64$70,058
Oct 20161,23513,93446.193.09$100,104
Sep 20161,13112,79141.553.10$86,653
Aug 20161,23013,33641.442.92$89,970
Jul 20161,25813,28141.622.92$91,196
Jun 20161,25113,20645.352.69$92,202
May 20161,31913,23842.521.99$82,441
Apr 20161,49412,37436.561.99$79,258
Mar 20161,66116,88533.011.79$85,121
Feb 20161,90419,32426.472.06$90,276
Jan 20162,33021,81327.352.36$115,299
Dec 20152,22819,76932.362.00$111,664
Nov 20152,46820,59438.792.17$140,368
Oct 20152,63822,36243.552.43$169,148
Sep 20152,70423,21542.992.76$180,282
Aug 20153,20427,19540.162.87$206,790
Jul 20153,57429,59248.152.95$259,239
Jun 20153,89531,33456.152.88$309,036
May 20155,17539,60155.212.96$402,751
Apr 20154,08325,04949.822.71$271,212
Mar 20156,79042,55442.892.93$416,107
Feb 20157,58444,63944.662.98$471,556
Jan 20159,74154,19443.433.10$591,087
Dec 201411,94063,18954.693.59$879,933
Nov 201413,66271,91970.464.25$1,268,413
Oct 201415,59678,26478.303.90$1,526,472
Sep 201418,78888,14886.164.05$1,975,372
Aug 20148,39634,12789.394.04$888,225

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.

Aug 2024 — as filed, then multipliedworked
Condensate            25 bbl  × $ 75.63 =     $1,891
Gas                    5 Mcf  × $  2.06 =        $10

────────────────────────────────────────────────────
Month total                                   $1,901

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/276915 is the state's own key, not one this site invented.