KRANER UNIT B 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 277624District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Aug 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
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 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 Gas112017-02-21219550
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
CondensateDisposition103,642 bbl$5,979,810
GasProduction1,623,950 Mcf$5,107,836
Total$11,087,646

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 28.7638, -97.9413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76381, -97.94131 · 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
12,727 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 12,727 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-255336603H12,727 ftAug 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 (142)

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

142 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
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 202495,23875.632.06$11,490
Jul 2024744,90379.932.15$16,440
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20242080.301.55$161
Feb 20244213576.091.78$3,437
Jan 202413858473.023.30$12,003
Dec 202316716,91171.262.61$56,050
Nov 202334310,29077.892.81$55,606
Oct 20232159,40785.443.09$47,412
Sep 20236920389.042.74$6,699
Aug 20236622280.522.67$5,908
Jul 20238024174.852.64$6,625
Jun 20239220468.962.26$6,805
May 202317521270.622.23$12,831
Apr 20231216178.122.24$9,589
Mar 2023145272.852.39$1,144
Feb 20236833875.112.47$5,941
Jan 20234112876.533.39$3,571
Dec 2022658976.415.73$5,477
Nov 202218640885.005.65$18,114
Oct 2022933987.185.86$8,336
Sep 2022241184.888.16$2,127
Aug 20221094.529.13$95
Jul 20224668101.587.54$5,186
Jun 2022125317115.097.98$16,915
May 2022288713109.378.43$37,511
Apr 2022123603104.226.84$16,942
Mar 20223072,814108.885.08$47,711
Feb 20221312,03891.054.86$21,830
Jan 20223895,51881.844.54$56,875
Dec 20212445,52571.323.90$38,945
Nov 20213206,02277.435.24$56,314
Oct 20211152,18179.795.71$21,638
Sep 20211973,89169.865.35$34,583
Aug 2021603,47466.024.22$18,624
Jul 20215263,35070.783.98$50,570
Jun 20212565,59169.493.38$36,690
May 202149310,72963.483.02$63,672
Apr 20212545,44060.362.76$30,337
Mar 202144310,66861.302.72$56,140
Feb 2021685,12557.805.55$32,364
Jan 20212906,61150.412.81$33,198
Dec 20202598,98344.642.68$35,595
Nov 20202978,11638.772.71$33,481
Oct 20202107,94236.972.48$27,447
Sep 202001,16537.091.99$2,320
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020106034.901.69$3,699
May 2020602,64716.921.81$5,819
Apr 20201063,77014.751.80$8,366
Mar 2020905,27630.341.86$12,524
Feb 2020414,62349.881.98$11,202
Jan 20201594,43257.252.09$18,387
Dec 20192423,32059.012.30$21,931
Nov 20193307,71355.302.75$39,465
Oct 20193207,39053.472.42$34,983
Sep 20193126,67455.052.66$34,910
Aug 20192295,48553.112.30$24,802
Jul 20193375,54856.272.46$32,611
Jun 20192615,64852.782.49$27,846
May 20193644,91758.482.74$34,761
Apr 20193045,29462.632.75$33,602
Mar 20192974,67956.803.06$31,197
Feb 20192825,31850.852.79$29,189
Jan 20193085,66046.033.23$32,449
Dec 20182745,18546.594.19$34,467
Nov 20184309,52752.934.24$63,128
Oct 20183559,83261.443.40$55,221
Sep 201853512,64359.543.11$71,148
Aug 20183286,77359.403.07$40,253
Jul 20187777,88165.142.93$73,720
Jun 20184837,00260.183.08$50,612
May 20185367,85865.382.90$57,838
Apr 20185048,74663.842.90$57,546
Mar 201858210,54361.222.79$65,012
Feb 201858410,66361.782.77$65,575
Jan 20183215,74662.874.01$43,219
Dec 20173354,07357.272.92$31,085
Nov 20174456,09455.423.12$43,665
Oct 201753010,16449.292.98$56,450
Sep 201784315,46647.523.09$87,807
Aug 20173806,83345.373.00$37,770
Jul 20178728,58743.873.09$64,765
Jun 20176829,29942.493.09$57,687
May 20174568,74645.373.26$49,230
Apr 20176338,50147.933.21$57,642
Mar 201751310,66746.772.98$55,820
Feb 20175629,77850.452.95$57,223
Jan 201777812,21249.413.42$80,191
Dec 201690614,90848.763.72$99,677
Nov 20161,07815,43742.492.64$86,625
Oct 20161,12515,15646.193.09$98,800
Sep 20161,10915,59941.553.10$94,446
Aug 20161,12118,77141.442.92$101,347
Jul 20161,21819,82941.622.92$108,680
Jun 20161,06920,64545.352.69$103,928
May 20161,17722,58642.521.99$95,016
Apr 20161,45924,01936.561.99$101,164
Mar 20161,56223,80333.011.79$94,264
Feb 20161,30429,05326.472.06$94,472
Jan 20161,32328,12127.352.36$102,672
Dec 20151,29126,83632.362.00$95,487
Nov 20151,21527,72738.792.17$107,223
Oct 20151,25331,67043.552.43$131,418
Sep 20151,47730,51442.992.76$147,667
Aug 20152,08430,17540.162.87$170,371
Jul 20152,33133,57148.152.95$211,107
Jun 20152,25136,11356.152.88$230,502
May 20152,76940,95055.212.96$273,902
Apr 20153,13844,01349.822.71$275,459
Mar 20153,91952,19542.892.93$321,263
Feb 20154,40659,91344.662.98$375,084
Jan 20155,48173,86943.433.10$467,080
Dec 20145,37385,48654.693.59$600,860
Nov 20147,09889,80670.464.25$881,966
Oct 20147,97298,33478.303.90$1,007,805
Sep 20148,765111,59686.164.05$1,206,647
Aug 20143,95645,48289.394.04$537,152

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.

Aug 2024 — as filed, then multipliedworked
Condensate             9 bbl  × $ 75.63 =       $681
Gas                5,238 Mcf  × $  2.06 =    $10,809

────────────────────────────────────────────────────
Month total                                  $11,490

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/277624 is the state's own key, not one this site invented.