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 276991District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 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 Gas112015-09-16217009
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
CondensateDisposition131,762 bbl$7,259,542
GasProduction769,176 Mcf$2,367,840
Total$9,627,382

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 28.5693, -98.2349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.56934, -98.23490 · 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
12,780 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 12,780 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-2973548427H12,780 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 202402369.612.36$54
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024771278.812.20$6,095
Apr 20240084.451.66$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023010770.622.23$238
Apr 2023746778.122.24$5,931
Mar 202328617872.852.39$21,261
Feb 20235275.112.47$380
Jan 2023281576.533.39$2,194
Dec 202221976.415.73$262
Nov 20221339885.005.65$3,352
Oct 20221886087.185.86$6,612
Sep 2022124484.888.16$1,378
Aug 20220094.529.13$0
Jul 2022363101.587.54$3,680
Jun 2022181281115.097.98$23,073
May 20228776109.378.43$10,156
Apr 202200104.226.84$0
Mar 20221345108.885.08$1,644
Feb 20221046891.054.86$9,800
Jan 2022262081.844.54$2,219
Dec 202114071.323.90$998
Nov 2021205677.435.24$1,842
Oct 202103279.795.71$183
Sep 20210169.865.35$5
Aug 202101066.024.22$42
Jul 20210770.783.98$28
Jun 202101069.493.38$34
May 202102763.483.02$81
Apr 202108560.362.76$234
Mar 202107861.302.72$212
Feb 202129857.805.55$659
Jan 202123550.412.81$199
Dec 202018944.642.68$283
Nov 202001538.772.71$41
Oct 2020110436.972.48$295
Sep 202009537.091.99$189
Aug 2020312339.982.39$413
Jul 2020911438.371.83$553
Jun 2020148934.901.69$639
May 2020132616.921.81$267
Apr 20202685014.751.80$1,917
Mar 2020981,39130.341.86$5,555
Feb 20202451,11449.881.98$14,427
Jan 202023438357.252.09$14,199
Dec 20196682,95559.012.30$46,228
Nov 20194674,12155.302.75$37,161
Oct 20194013,26253.472.42$29,331
Sep 20194712,77855.052.66$33,310
Aug 20193443,03653.112.30$25,266
Jul 20193663,14156.272.46$28,322
Jun 20193843,19452.782.49$28,224
May 20195953,30658.482.74$43,855
Apr 20194203,31862.632.75$35,431
Mar 20194263,38056.803.06$34,547
Feb 20194213,07750.852.79$30,000
Jan 20194102,80546.033.23$27,927
Dec 20183992,56946.594.19$29,342
Nov 20185944,15452.934.24$49,042
Oct 20185994,97261.443.40$53,698
Sep 20185825,10759.543.11$50,525
Aug 20186764,94159.403.07$55,306
Jul 20187285,23665.142.93$62,773
Jun 20186295,12660.183.08$53,626
May 20187485,24165.382.90$64,107
Apr 20187935,00363.842.90$65,138
Mar 20188595,02461.222.79$66,589
Feb 20188104,71761.782.77$63,090
Jan 20181,0245,17462.874.01$85,123
Dec 20171,0444,67357.272.92$73,442
Nov 20179214,89455.423.12$66,303
Oct 20178585,19249.292.98$57,782
Sep 20178355,63447.523.09$57,073
Aug 20178845,83845.373.00$57,647
Jul 20171,0396,65843.873.09$66,136
Jun 20178556,61042.493.09$56,736
May 20178416,76145.373.26$60,220
Apr 20178156,72047.933.21$60,645
Mar 20178867,22946.772.98$63,007
Feb 20171,1886,63650.452.95$79,528
Jan 20171,2776,39949.413.42$84,973
Dec 20161,0065,69448.763.72$70,250
Nov 20169415,21742.492.64$53,779
Oct 201621160546.193.09$11,616
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20161,3986,89141.622.92$78,336
Jun 20161,95110,35345.352.69$116,284
May 20167674,46942.521.99$41,511
Apr 20161,88713,96536.561.99$96,794
Mar 20162,18816,27533.011.79$101,423
Feb 20162,09515,64826.472.06$87,746
Jan 20162,06817,71027.352.36$98,433
Dec 20151,63012,99332.362.00$78,751
Nov 20151,60111,10638.792.17$86,173
Oct 20152,45317,60743.552.43$149,553
Sep 20152,71320,16342.992.76$172,250
Aug 20153,16223,14840.162.87$193,478
Jul 20153,53625,33648.152.95$244,875
Jun 20153,95627,50656.152.88$301,425
May 20154,41629,67455.212.96$331,507
Apr 20154,21525,53449.822.71$279,101
Mar 20155,93835,57642.892.93$359,086
Feb 20156,78438,05744.662.98$416,238
Jan 20159,04849,06043.433.10$545,072
Dec 201410,79256,00054.693.59$791,331
Nov 20149,85248,53370.464.25$900,526
Oct 20147,88531,02278.303.90$738,411
Sep 20148,52430,45086.164.05$857,611
Aug 20143,84414,65389.394.04$402,742

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.

Sep 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.61 =         $0
Gas                   23 Mcf  × $  2.36 =        $54

────────────────────────────────────────────────────
Month total                                      $54

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/276991 is the state's own key, not one this site invented.