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 277623District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Jan 2015 – May 2026
Value, last 12 filed months
$128 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 Gas112017-01-27219834
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
CondensateDisposition142,512 bbl$6,854,267
GasProduction789,838 Mcf$2,237,477
Total$9,091,744

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 28.7931, -97.9720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79308, -97.97198 · 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
12,342 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 12,342 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-255340276H12,342 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 2026314106.413.05$3,311
Apr 20261098.932.87$99
Mar 202637189.753.15$3,324
Feb 20262462363.503.75$15,707
Jan 202674759.138.00$4,432
Dec 202593756.664.41$5,300
Nov 20253363258.593.93$19,812
Oct 20256527159.383.30$38,950
Sep 20251251362.743.08$7,883
Aug 20251081063.933.01$6,935
Jul 20253243466.743.32$21,736
Jun 202514166.483.13$934
May 202535360.553.23$2,129
Apr 202519262.363.54$1,192
Mar 20250067.704.27$0
Feb 20252070.884.34$142
Jan 202515174.324.28$1,119
Dec 20241101268.993.12$7,626
Nov 202410169.052.20$693
Oct 20243071.372.28$214
Sep 20244069.612.36$278
Aug 202421727675.632.06$16,981
Jul 2024991379.932.15$7,941
Jun 202414521678.082.63$11,891
May 202443578.812.20$3,400
Apr 20243212,06084.451.66$30,526
Mar 20245741,27380.301.55$48,059
Feb 20244951,58176.091.78$40,484
Jan 202425254573.023.30$20,198
Dec 20239435971.262.61$7,636
Nov 20234218577.892.81$3,791
Oct 20234192,56985.443.09$43,731
Sep 2023514389.042.74$836
Aug 20234616080.522.67$4,132
Jul 20239513974.852.64$7,478
Jun 202326932168.962.26$19,275
May 202326323770.622.23$19,101
Apr 202323925578.122.24$19,241
Mar 202312479072.852.39$10,924
Feb 20233211,22275.112.47$27,123
Jan 202321571476.533.39$18,873
Dec 20220076.415.73$0
Nov 202202485.005.65$136
Oct 202205387.185.86$311
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20220150115.097.98$1,197
May 20220283109.378.43$2,387
Apr 20220152104.226.84$1,039
Mar 2022120108.885.08$1,307
Feb 202242827591.054.86$40,306
Jan 202282145281.844.54$69,242
Dec 202162836171.323.90$46,197
Nov 202128921377.435.24$23,493
Oct 202145837179.795.71$38,664
Sep 202142687969.865.35$34,464
Aug 202178080566.024.22$54,893
Jul 202165127570.783.98$47,173
Jun 202175125769.493.38$53,056
May 202160723263.483.02$39,232
Apr 202129988560.362.76$20,489
Mar 20214812,04361.302.72$35,036
Feb 20213652,71657.805.55$36,165
Jan 20215943,19150.412.81$38,911
Dec 20206644,98744.642.68$42,983
Nov 20201,0914,69238.772.71$54,997
Oct 202014846836.972.48$6,631
Sep 20200037.091.99$0
Aug 2020013939.982.39$332
Jul 20202524438.371.83$1,405
Jun 20200034.901.69$0
May 20202016.921.81$34
Apr 202016814514.751.80$2,740
Mar 2020287130.341.86$981
Feb 20200049.881.98$0
Jan 2020277357.252.09$1,699
Dec 2019439759.012.30$2,761
Nov 20191821255.302.75$1,579
Oct 201910463253.472.42$7,089
Sep 20196461,73555.052.66$40,173
Aug 20194350753.112.30$3,452
Jul 20195132,79756.272.46$35,747
Jun 20196483,98152.782.49$44,119
May 20197054,03358.482.74$52,280
Apr 20197243,97862.632.75$56,286
Mar 20195634,02456.803.06$44,300
Feb 20195421,29350.852.79$31,171
Jan 20196585,14446.033.23$46,894
Dec 20181,0455,35246.594.19$71,087
Nov 20187995,24152.934.24$64,498
Oct 20188565,47461.443.40$71,194
Sep 20187474,91559.543.11$59,752
Aug 20189056,35359.403.07$73,239
Jul 20181,0948,29965.142.93$95,595
Jun 201818788360.183.08$13,971
May 20181,0937,12565.382.90$92,129
Apr 20181,1057,41363.842.90$92,047
Mar 20181,1346,86761.222.79$88,561
Feb 20189336,10461.782.77$74,525
Jan 20181,0094,72362.874.01$82,372
Dec 20175481,74857.272.92$36,491
Nov 20171,1357,01555.423.12$84,777
Oct 20171,0676,40049.292.98$71,688
Sep 20176314,16147.523.09$42,831
Aug 20179716,67945.373.00$64,121
Jul 20171,6808,49243.873.09$99,919
Jun 20171,4969,72642.493.09$93,592
May 20171,47911,40245.373.26$104,312
Apr 20171,45812,11847.933.21$108,800
Mar 20171,53211,17746.772.98$105,000
Feb 20171,5468,20750.452.95$102,228
Jan 20171,50412,01949.413.42$115,403
Dec 20161,46813,66648.763.72$122,456
Nov 20161,2268,91942.492.64$75,678
Oct 20161,67619,19246.193.09$136,723
Sep 20162,12219,06341.553.10$147,276
Aug 20162,16015,14241.442.92$133,791
Jul 20161,90616,32541.622.92$127,068
Jun 20162,23116,73945.352.69$146,134
May 20162,79316,21842.521.99$151,049
Apr 20163,20919,85836.561.99$156,859
Mar 20162,58019,57233.011.79$120,278
Feb 20163,35320,24826.472.06$130,538
Jan 20163,48815,32727.352.36$131,635
Dec 20152,70213,42832.362.00$114,312
Nov 20153,6208,99038.792.17$159,904
Oct 20156,30932,19043.552.43$352,869
Sep 20155,60531,39242.992.76$327,551
Aug 20154,85327,13340.162.87$272,836
Jul 20155,06931,24648.152.95$336,094
Jun 20155,27433,34956.152.88$392,276
May 20155,96937,60955.212.96$440,700
Apr 20155,70641,03649.822.71$395,340
Mar 20157,58941,70542.892.93$447,884
Feb 20158,50539,88144.662.98$498,527
Jan 20155,67817,56343.433.10$301,052

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            31 bbl  × $106.41 =     $3,299
Gas                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                   $3,311

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/277623 is the state's own key, not one this site invented.