LUNA 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 277286District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.8 M
Feb 2015 – May 2026
Value, last 12 filed months
$384 k
at the published price for each month
Months reported
136
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 Gas112017-02-22219896
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
CondensateDisposition200,878 bbl$10,350,304
GasProduction819,843 Mcf$2,487,896
Total$12,838,200

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 28.7987, -97.9644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79867, -97.96445 · 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
12,323 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 12,323 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-2553414514H12,323 ftFeb 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 (136)

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

136 months

May 20263011,927106.413.05$37,899
Apr 20262482,05998.932.87$30,443
Mar 202616024689.753.15$15,135
Feb 20263051,29363.503.75$24,217
Jan 2026312359.138.00$1,161
Dec 20251351,67456.664.41$15,037
Nov 20256452,63258.593.93$48,125
Oct 20258032,53959.383.30$56,073
Sep 20254981,98162.743.08$37,340
Aug 202529482463.933.01$21,280
Jul 20256631,67966.743.32$49,815
Jun 20256581,05266.483.13$47,035
May 20257711,27760.553.23$50,812
Apr 20255541,64562.363.54$40,376
Mar 20254361,95867.704.27$37,875
Feb 202514170.884.34$997
Jan 202523174.324.28$1,714
Dec 20242452,14668.993.12$23,601
Nov 20245062,16669.052.20$39,701
Oct 20244532,09171.372.28$37,101
Sep 20245022,52469.612.36$40,912
Aug 20245562,30475.632.06$46,805
Jul 20246191,85779.932.15$53,463
Jun 20244661,64778.082.63$40,723
May 20242701,51678.812.20$24,612
Apr 20244251,96184.451.66$39,145
Mar 20245201,80080.301.55$44,537
Feb 20244714,96176.091.78$44,687
Jan 20243452,98873.023.30$35,045
Dec 20234426,43771.262.61$48,302
Nov 20235974,96277.892.81$60,431
Oct 20234874,48385.443.09$55,450
Sep 20234913,96089.042.74$54,549
Aug 20235034,48880.522.67$52,497
Jul 20234504,26274.852.64$44,942
Jun 20235064,09268.962.26$44,135
May 20234973,83470.622.23$43,638
Apr 20236204,54778.122.24$58,609
Mar 20236404,62372.852.39$57,688
Feb 20236464,54975.112.47$59,737
Jan 20236474,84576.533.39$65,928
Dec 20226374,59176.415.73$74,975
Nov 20226603,42685.005.65$75,444
Oct 20227403,57687.185.86$85,482
Sep 20226103,80684.888.16$82,848
Aug 20227194,48894.529.13$108,923
Jul 20228415,319101.587.54$125,545
Jun 20226784,817115.097.98$116,457
May 20224892,332109.378.43$73,148
Apr 20227424,614104.226.84$108,880
Mar 20228023,700108.885.08$106,104
Feb 20226433,77991.054.86$76,907
Jan 20225245,51181.844.54$67,891
Dec 20214224,35971.323.90$47,093
Nov 20215495,18777.435.24$69,673
Oct 20215684,93279.795.71$73,502
Sep 20215485,00469.865.35$65,059
Aug 20215694,93966.024.22$58,411
Jul 20216194,87670.783.98$63,229
Jun 20216534,13969.493.38$59,369
May 20218334,43063.483.02$66,247
Apr 20218144,78660.362.76$62,335
Mar 20218704,74061.302.72$66,209
Feb 20216432,73457.805.55$52,334
Jan 20218813,88750.412.81$55,335
Dec 20208643,66344.642.68$48,369
Nov 20209344,83738.772.71$49,303
Oct 20201,0164,83036.972.48$49,532
Sep 20201,1184,40537.091.99$50,237
Aug 20201,1904,84239.982.39$59,125
Jul 20201,3165,22338.371.83$60,028
Jun 20201,3575,84934.901.69$57,246
May 20207346,60716.921.81$24,409
Apr 20201,2577,36814.751.80$31,835
Mar 20203,4549,02030.341.86$121,538
Feb 20203,4698,45349.881.98$189,776
Jan 20204,17710,23857.252.09$260,579
Dec 20194,35610,09359.012.30$280,305
Nov 20191,1062,36355.302.75$67,662
Oct 20192751,20553.472.42$17,619
Sep 20195762,54455.052.66$38,469
Aug 20196832,83653.112.30$42,809
Jul 20197453,07356.272.46$49,481
Jun 20197443,17852.782.49$47,185
May 20196742,83058.482.74$47,171
Apr 20195593,35062.632.75$44,225
Mar 20193633,43456.803.06$31,134
Feb 20194401,86650.852.79$27,584
Jan 20196212,85346.033.23$37,795
Dec 20186971,77846.594.19$39,915
Nov 20186404,59752.934.24$53,354
Oct 20187564,80561.443.40$62,776
Sep 20187923,67059.543.11$58,562
Aug 20189433,58959.403.07$67,020
Jul 20188933,79365.142.93$69,291
Jun 20181,5853,30060.183.08$105,539
May 20181,8044,01065.382.90$129,578
Apr 20181,9354,39663.842.90$136,282
Mar 20181,7834,15061.222.79$120,721
Feb 20181,2132,79761.782.77$82,676
Jan 20188283,58762.874.01$66,438
Dec 20179534,30757.272.92$67,161
Nov 20171,2366,40055.423.12$88,457
Oct 20171,0944,64049.292.98$67,768
Sep 20171,0564,91747.523.09$65,361
Aug 20178705,52345.373.00$56,065
Jul 20171,1585,73943.873.09$68,519
Jun 20171,1034,63042.493.09$61,161
May 20171,1135,65445.373.26$68,948
Apr 20171,2295,40547.933.21$76,265
Mar 20171,2475,66446.772.98$75,222
Feb 20171,1435,29050.452.95$73,284
Jan 20171,4606,15149.413.42$93,168
Dec 20161,5165,42748.763.72$94,124
Nov 20161,4096,18842.492.64$76,232
Oct 20161,4968,71046.193.09$96,016
Sep 20161,7728,09341.553.10$98,720
Aug 20161,7728,24941.442.92$97,555
Jul 20161,6137,81441.622.92$89,984
Jun 20161,6567,99345.352.69$96,567
May 20163,05110,60642.521.99$150,845
Apr 20162,95010,55136.561.99$128,859
Mar 20162,68711,98933.011.79$110,206
Feb 20162,58110,88526.472.06$90,782
Jan 20162,57711,94927.352.36$98,733
Dec 20153,03212,72232.362.00$123,577
Nov 20152,4259,91238.792.17$115,548
Oct 20153,21717,47443.552.43$182,502
Sep 20153,72020,17542.992.76$215,574
Aug 20154,00119,44440.162.87$216,533
Jul 20155,05616,85648.152.95$293,089
Jun 20156,07323,39156.152.88$408,432
May 20158,33029,59155.212.96$547,354
Apr 201510,75934,81549.822.71$630,243
Mar 201516,46446,62842.892.93$842,981
Feb 201518,69346,70344.662.98$973,826

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           301 bbl  × $106.41 =    $32,029
Gas                1,927 Mcf  × $  3.05 =     $5,869

────────────────────────────────────────────────────
Month total                                  $37,899

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/277286 is the state's own key, not one this site invented.