MAY B UNIT

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 277101District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Jan 2015 – May 2026
Value, last 12 filed months
$597 k
at the published price for each month
Months reported
137
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 Gas112017-01-27219840
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
CondensateDisposition186,156 bbl$9,568,328
GasProduction836,145 Mcf$2,510,156
Total$12,078,484

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 28.7942, -97.9712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79417, -97.97123 · 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
12,353 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 12,353 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-255340287H12,353 ftJan 2015

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 (137)

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

137 months

May 202625130106.413.05$26,800
Apr 20261311898.932.87$13,011
Mar 202639489.753.15$3,513
Feb 20261861,27863.503.75$16,604
Jan 20264081,61959.138.00$37,074
Dec 20251,0241,56556.664.41$64,927
Nov 20251,0251,80358.593.93$67,134
Oct 20251,0572,01659.383.30$69,427
Sep 20259121,61562.743.08$62,188
Aug 20251,0992,00963.933.01$76,316
Jul 20251,1182,29566.743.32$82,224
Jun 20251,0871,74266.483.13$77,714
May 20251,1642,02860.553.23$77,035
Apr 20251,1542,89562.363.54$82,221
Mar 20252208367.704.27$15,248
Feb 202527313670.884.34$19,941
Jan 20251074.324.28$74
Dec 20246711168.993.12$4,969
Nov 202423856869.052.20$17,683
Oct 20244731,16971.372.28$36,425
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202423478.082.63$1,806
May 202435210678.812.20$27,974
Apr 20244161,31984.451.66$37,320
Mar 20248892,61580.301.55$75,427
Feb 202415311276.091.78$11,842
Jan 202457956773.023.30$44,148
Dec 202347753471.262.61$35,385
Nov 202356761577.892.81$45,890
Oct 202361676485.443.09$54,990
Sep 20238391,43789.042.74$78,635
Aug 202341764380.522.67$35,296
Jul 202348153474.852.64$37,414
Jun 202339859468.962.26$28,788
May 20236681,51470.622.23$50,546
Apr 202331840778.122.24$25,753
Mar 202340273172.852.39$31,035
Feb 20234842,03775.112.47$41,376
Jan 20234352,64276.533.39$42,241
Dec 20223742,65076.415.73$43,759
Nov 20223962,22785.005.65$46,234
Oct 20224233,16587.185.86$55,436
Sep 20224862,88784.888.16$64,820
Aug 20223953,05694.529.13$65,228
Jul 20223863,141101.587.54$62,900
Jun 20223652,913115.097.98$65,245
May 20223723,114109.378.43$66,946
Apr 20224343,007104.226.84$65,792
Mar 20225101,529108.885.08$63,291
Feb 202249421691.054.86$46,028
Jan 20221,12326081.844.54$93,086
Dec 20211,09425071.323.90$78,999
Nov 202186031777.435.24$68,250
Oct 20218772,54079.795.71$84,489
Sep 20218802,63369.865.35$75,566
Aug 20219322,86366.024.22$73,614
Jul 20211,0062,88170.783.98$82,677
Jun 20211,0883,44569.493.38$87,251
May 20219314,04263.483.02$71,297
Apr 20219343,00560.362.76$64,665
Mar 20211,1532,54561.302.72$77,594
Feb 20213401,73857.805.55$29,294
Jan 20214592,97350.412.81$31,493
Dec 20204983,07444.642.68$30,455
Nov 20204822,99838.772.71$26,801
Oct 20205052,08736.972.48$23,842
Sep 20205782,92537.091.99$27,262
Aug 20204952,72539.982.39$26,290
Jul 20205862,99438.371.83$27,949
Jun 20207123,38634.901.69$30,572
May 20202016.921.81$34
Apr 20201411,10614.751.80$4,075
Mar 20202881,11030.341.86$10,798
Feb 20202541,07549.881.98$14,799
Jan 202034989357.252.09$21,851
Dec 20195402,65359.012.30$37,979
Nov 20195572,90855.302.75$38,801
Oct 20196282,92453.472.42$40,651
Sep 20195862,69155.052.66$39,410
Aug 20195923,50653.112.30$39,520
Jul 20196592,70656.272.46$43,739
Jun 20196922,59952.782.49$42,998
May 20197552,56558.482.74$51,181
Apr 20199252,78162.632.75$65,582
Mar 20199862,76956.803.06$64,484
Feb 20196781,84650.852.79$39,631
Jan 20191,5782,05746.033.23$79,276
Dec 20181,3062,83546.594.19$72,712
Nov 20189313,54152.934.24$64,282
Oct 20188633,25461.443.40$64,080
Sep 20188224,15159.543.11$61,843
Aug 20189373,46159.403.07$66,271
Jul 20181,0585,94765.142.93$86,354
Jun 201812349060.183.08$8,910
May 20187754,47865.382.90$63,659
Apr 20188164,60663.842.90$65,455
Mar 20189874,73661.222.79$73,623
Feb 20188564,60061.782.77$65,608
Jan 20186112,85162.874.01$49,844
Dec 20173861,55257.272.92$26,640
Nov 20179594,88655.423.12$68,384
Oct 20171,1965,76149.292.98$76,140
Sep 20171,0625,07447.523.09$66,131
Aug 20171,1575,14645.373.00$67,954
Jul 20171,3017,37943.873.09$79,856
Jun 20171,1487,37342.493.09$71,541
May 20171,1487,97245.373.26$78,101
Apr 20171,0908,17947.933.21$78,511
Mar 20171,2368,86546.772.98$84,258
Feb 20171,1408,54550.452.95$82,743
Jan 20171,1858,90249.413.42$88,985
Dec 20161,1648,50048.763.72$88,401
Nov 20161,21710,51942.492.64$79,526
Oct 20161,44415,76346.193.09$115,410
Sep 20161,54315,43441.553.10$111,967
Aug 20161,78217,53841.442.92$125,133
Jul 20161,53711,05341.622.92$96,293
Jun 20161,59110,94945.352.69$101,559
May 20161,9148,82942.521.99$98,962
Apr 20161,9969,03436.561.99$90,961
Mar 20161,66312,36633.011.79$77,080
Feb 20161,79013,08126.472.06$74,376
Jan 20162,25315,86927.352.36$99,140
Dec 20153,59614,96232.362.00$146,312
Nov 20155,74021,77938.792.17$269,857
Oct 20154,13219,55443.552.43$227,398
Sep 20154,92224,75442.992.76$279,879
Aug 20155,64225,95140.162.87$301,127
Jul 20156,39032,03848.152.95$402,033
Jun 20156,76236,22056.152.88$484,103
May 20158,17341,83055.212.96$574,858
Apr 20159,24644,28449.822.71$580,493
Mar 201511,71656,84942.892.93$669,335
Feb 201517,34366,75444.662.98$973,211
Jan 20158,68823,71743.433.10$450,857

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           251 bbl  × $106.41 =    $26,709
Gas                   30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                  $26,800

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/277101 is the state's own key, not one this site invented.