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KRANER UNIT A AC

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277347District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Dec 2014 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
138
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (AUSTIN CHALK) field

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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: “ INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.”

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 Gas112017-02-21219545
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
CondensateDisposition133,543 bbl$6,443,978
GasProduction2,039,075 Mcf$6,160,640
Total$12,604,618

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 28.7562, -97.9500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75616, -97.94999 · 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
12,715 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 12,715 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-255339333H12,715 ftDec 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 (138)

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

138 months

May 20262201,613106.413.05$28,323
Apr 20261282,19098.932.87$18,948
Mar 202604,61889.753.15$14,544
Feb 2026029563.503.75$1,106
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20251059.383.30$59
Sep 202519162.743.08$1,195
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 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 202432284.451.66$2,706
Mar 20242553,52880.301.55$25,928
Feb 20242623,77776.091.78$26,672
Jan 202414561173.023.30$12,603
Dec 20231703,51371.262.61$21,286
Nov 20231833,86077.892.81$25,091
Oct 20231872,15885.443.09$22,640
Sep 20231811,66389.042.74$20,665
Aug 20231621,76780.522.67$17,767
Jul 20231321,47174.852.64$13,766
Jun 20231492,52568.962.26$15,978
May 20231563,35870.622.23$18,496
Apr 20233094,75078.122.24$34,768
Mar 20231552,15972.852.39$16,459
Feb 20233885,22575.112.47$42,026
Jan 20232098,69376.533.39$45,444
Dec 2022225,91776.415.73$35,580
Nov 20221744,57385.005.65$40,610
Oct 20223007,14387.185.86$68,039
Sep 20223539,42884.888.16$106,930
Aug 202243112,55694.529.13$155,339
Jul 20222408,187101.587.54$86,126
Jun 20221816,230115.097.98$70,529
May 202240310,122109.378.43$129,435
Apr 20221902,337104.226.84$35,781
Mar 20222713108.885.08$3,006
Feb 2022641,00091.054.86$10,686
Jan 2022641,38881.844.54$11,536
Dec 20211285,50271.323.90$30,582
Nov 202142714,10977.435.24$106,949
Oct 20211493,73979.795.71$33,253
Sep 20213595,85569.865.35$56,409
Aug 20215728,45166.024.22$73,432
Jul 20219934,63870.783.98$88,753
Jun 20212787,85069.493.38$45,856
May 20214499,03363.483.02$55,761
Apr 20213923,23560.362.76$32,585
Mar 20213486,71561.302.72$39,577
Feb 20211001,60457.805.55$14,679
Jan 20213464,23750.412.81$29,349
Dec 20202766,04744.642.68$28,499
Nov 20202587,61838.772.71$30,621
Oct 202053810,83836.972.48$46,751
Sep 202022114,57637.091.99$37,218
Aug 20203328,16639.982.39$32,750
Jul 20202003,57738.371.83$14,202
Jun 20204876,45034.901.69$27,899
May 20204306,87316.921.81$19,748
Apr 202016110,75214.751.80$21,775
Mar 2020716,90730.341.86$14,975
Feb 2020051649.881.98$1,022
Jan 202023365957.252.09$14,720
Dec 20192627,00159.012.30$31,593
Nov 201937812,31355.302.75$54,773
Oct 201940912,00753.472.42$50,909
Sep 201946313,64555.052.66$61,747
Aug 201922471353.112.30$13,540
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20192362.632.75$134
Mar 20195756.803.06$305
Feb 201992550.852.79$4,692
Jan 20194205,88346.033.23$38,324
Dec 20184769,66946.594.19$62,646
Nov 201858810,91052.934.24$77,351
Oct 201838811,19361.443.40$61,873
Sep 201851211,22959.543.11$65,384
Aug 201863710,12259.403.07$68,878
Jul 201823413,90765.142.93$56,016
Jun 201865813,55060.183.08$81,291
May 201867213,37365.382.90$82,728
Apr 201871612,60763.842.90$82,280
Mar 201856314,12661.222.79$73,834
Feb 20181,05613,66861.782.77$103,047
Jan 201884013,30962.874.01$106,171
Dec 201767715,36157.272.92$83,649
Nov 201783714,64055.423.12$92,039
Oct 201771215,39549.292.98$81,028
Sep 201799318,52447.523.09$104,376
Aug 201774313,17145.373.00$73,281
Jul 20171,67518,47143.873.09$130,507
Jun 20171,09918,32342.493.09$103,265
May 201775118,94745.373.26$95,905
Apr 20171,02718,40147.933.21$108,321
Mar 201782219,10046.772.98$95,433
Feb 201784717,48050.452.95$94,343
Jan 20171,02120,49949.413.42$120,530
Dec 201695722,01548.763.72$128,621
Nov 20161,12623,21942.492.64$109,243
Oct 20161,14325,37646.193.09$131,214
Sep 20161,35826,04141.553.10$137,168
Aug 20161,63232,72441.442.92$163,326
Jul 20161,93339,06141.622.92$194,679
Jun 20161,87037,43545.352.69$185,349
May 20162,13340,45242.521.99$171,237
Apr 20161,87136,06336.561.99$140,207
Mar 20162,08941,36733.011.79$143,171
Feb 20162,43924,15926.472.06$114,416
Jan 20163,08236,10627.352.36$169,660
Dec 20153,25145,32132.362.00$195,908
Nov 20153,29044,78038.792.17$224,672
Oct 20153,58350,79043.552.43$279,286
Sep 20153,98956,05542.992.76$326,110
Aug 20154,35664,29640.162.87$359,627
Jul 20154,77267,88748.152.95$429,704
Jun 20154,81368,32156.152.88$467,210
May 20156,07979,69655.212.96$571,159
Apr 20156,94785,00949.822.71$576,182
Mar 20157,85194,58242.892.93$614,300
Feb 20158,857104,57444.662.98$706,786
Jan 201510,793104,19743.433.10$791,816
Dec 20148,88997,37954.693.59$835,862

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           220 bbl  × $106.41 =    $23,410
Gas                1,613 Mcf  × $  3.05 =     $4,913

────────────────────────────────────────────────────
Month total                                  $28,323

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/277347 is the state's own key, not one this site invented.