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HOPE 01

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

Gas lease lease 277495District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.9 M
Oct 2014 – May 2026
Value, last 12 filed months
$441 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, gas

The DE WITT (EAGLE FORD SHALE) 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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: “DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.”

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 Gas112016-02-11217451
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
CondensateDisposition568,857 bbl$29,796,408
GasProduction2,353,352 Mcf$7,127,854
Total$36,924,262

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 29.0214, -97.6119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02139, -97.61193 · 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
13,529 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 13,529 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-1233348606H13,529 ftOct 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 (140)

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

140 months

May 20267353,101106.413.05$87,657
Apr 20267654,49198.932.87$88,569
Mar 20264011,26089.753.15$39,958
Feb 202612752063.503.75$10,015
Jan 202617688659.138.00$17,493
Dec 2025237156.664.41$1,617
Nov 20258033,73058.593.93$61,693
Oct 20251,0545,10959.383.30$79,471
Sep 20256783,81162.743.08$54,264
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20259744,45562.363.54$76,523
Mar 20251,2615,29767.704.27$107,979
Feb 20251,0665,51970.884.34$99,515
Jan 20258745,02874.324.28$86,469
Dec 20241,3556,25868.993.12$113,015
Nov 20241,3696,53669.052.20$108,898
Oct 20241,8418,39171.372.28$150,535
Sep 20241,4636,84669.612.36$118,026
Aug 20241,5977,15575.632.06$135,546
Jul 20243,33913,84279.932.15$296,599
Jun 20241,8745,98578.082.63$162,086
May 20242994,39878.812.20$33,233
Apr 20247648,03684.451.66$77,853
Mar 20248026,50480.301.55$74,450
Feb 20246033,91176.091.78$52,858
Jan 20246523,79573.023.30$60,124
Dec 20239295,19671.262.61$79,766
Nov 20238905,29777.892.81$84,194
Oct 20239375,33485.443.09$96,525
Sep 20238715,00789.042.74$91,248
Aug 20239045,38580.522.67$87,184
Jul 20239195,20074.852.64$82,525
Jun 20238164,31668.962.26$66,019
May 20237934,34970.622.23$65,689
Apr 20237123,82778.122.24$64,185
Mar 20237934,38472.852.39$68,262
Feb 20238394,65075.112.47$74,483
Jan 20231,0756,01076.533.39$102,630
Dec 20227505,25376.415.73$87,402
Nov 20228365,39985.005.65$101,544
Oct 20224612,82887.185.86$56,773
Sep 20228175,22784.888.16$112,019
Aug 20228965,57394.529.13$135,556
Jul 20228115,349101.587.54$122,724
Jun 20229455,378115.097.98$151,661
May 20226003,826109.378.43$97,887
Apr 20227783,697104.226.84$106,362
Mar 20221,1125,222108.885.08$147,584
Feb 20229105,07991.054.86$107,534
Jan 20221,0825,68481.844.54$114,343
Dec 20211,0675,82571.323.90$98,811
Nov 20211,0055,62977.435.24$107,295
Oct 20219855,97179.795.71$112,711
Sep 20211,0325,85969.865.35$103,447
Aug 20211,3356,27366.024.22$114,612
Jul 20211,0976,57170.783.98$103,812
Jun 20211,1196,75169.493.38$100,582
May 20211,0256,63263.483.02$85,080
Apr 20211,1756,34460.362.76$88,422
Mar 20211,1226,61261.302.72$86,743
Feb 20216163,60357.805.55$55,594
Jan 20211,0005,80350.412.81$66,718
Dec 20201,1396,82144.642.68$69,094
Nov 20201,1786,99938.772.71$64,614
Oct 20201,2507,15636.972.48$63,948
Sep 20201,1887,40437.091.99$58,805
Aug 20207124,24039.982.39$38,579
Jul 20201,2997,43738.371.83$63,416
Jun 20201,2437,43634.901.69$55,950
May 20201,3217,65016.921.81$36,234
Apr 20201,2587,84614.751.80$32,713
Mar 20201,2848,49330.341.86$54,722
Feb 20201,2467,56949.881.98$77,142
Jan 20201,2798,48057.252.09$90,986
Dec 20191,3799,08059.012.30$102,298
Nov 20196905,42355.302.75$53,074
Oct 20191,2809,07853.472.42$90,397
Sep 20191,7419,32455.052.66$120,619
Aug 20191,8239,61553.112.30$118,976
Jul 20191,8729,31756.272.46$128,258
Jun 20191,7997,98152.782.49$114,833
May 20191,8008,81158.482.74$129,409
Apr 20191,9018,45662.632.75$142,320
Mar 20191,9259,40156.803.06$138,127
Feb 20191,8188,28250.852.79$115,570
Jan 20192,1018,99546.033.23$125,747
Dec 20182,3029,76346.594.19$148,113
Nov 20182,2049,06252.934.24$155,056
Oct 20182,3259,99261.443.40$176,802
Sep 20182,33410,11259.543.11$170,394
Aug 20182,54210,77359.403.07$184,031
Jul 20182,58011,19265.142.93$200,875
Jun 20182,51610,62660.183.08$184,108
May 20182,72111,52365.382.90$211,325
Apr 20182,77511,79263.842.90$211,362
Mar 20182,90311,95261.222.79$211,030
Feb 20182,74511,34961.782.77$200,979
Jan 20182,1139,72362.874.01$171,827
Dec 20172,92212,83057.272.92$204,826
Nov 20172,93613,03955.423.12$203,373
Oct 20172,99613,36649.292.98$187,553
Sep 20173,20613,99047.523.09$195,540
Aug 20172,54211,23645.373.00$149,088
Jul 20173,41714,94643.873.09$196,046
Jun 20173,43213,77142.493.09$188,341
May 20173,17012,64645.373.26$185,092
Apr 20173,11812,72147.933.21$190,301
Mar 20173,23712,46946.772.98$188,598
Feb 20172,72510,97450.452.95$169,878
Jan 20173,20712,64149.413.42$201,675
Dec 20163,62514,02848.763.72$228,979
Nov 20161,6246,08142.492.64$85,084
Oct 20164,23818,94346.193.09$254,292
Sep 20165,54325,45241.553.10$309,229
Aug 20166,49529,51341.442.92$355,459
Jul 20166,96931,39641.622.92$381,862
Jun 20167,41033,17845.352.69$425,154
May 20168,21736,50542.521.99$422,070
Apr 20168,55937,43736.561.99$387,456
Mar 20169,41040,11033.011.79$382,582
Feb 20169,72440,59726.472.06$341,171
Jan 20165,14219,75127.352.36$187,332
Dec 201511,16445,08832.362.00$451,507
Nov 201513,02852,40638.792.17$618,937
Oct 201514,88860,12843.552.43$794,278
Sep 201515,39861,77642.992.76$832,364
Aug 201518,12572,83140.162.87$937,106
Jul 201519,40677,47248.152.95$1,162,560
Jun 201519,11274,70456.152.88$1,288,500
May 201523,22291,12855.212.96$1,551,411
Apr 201524,88893,79849.822.71$1,493,791
Mar 201527,604102,05042.892.93$1,483,423
Feb 201525,18992,12244.662.98$1,399,113
Jan 201529,186106,87843.433.10$1,598,937
Dec 201431,209109,22254.693.59$2,099,076
Nov 201429,09295,46870.464.25$2,455,737
Oct 201430,94797,23078.303.90$2,802,440

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           735 bbl  × $106.41 =    $78,211
Gas                3,101 Mcf  × $  3.05 =     $9,445

────────────────────────────────────────────────────
Month total                                  $87,657

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/277495 is the state's own key, not one this site invented.