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LUNA UNIT 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 278055District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
Feb 2015 – May 2026
Value, last 12 filed months
$205 k
at the published price for each month
Months reported
136
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 Gas112017-02-21219521
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
CondensateDisposition186,723 bbl$9,314,982
GasProduction908,730 Mcf$2,660,371
Total$11,975,352

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 28.7990, -97.9639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79899, -97.96386 · 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
12,139 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 12,139 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-2553414714H12,139 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 202640106.413.05$426
Apr 202617595798.932.87$20,059
Mar 20261727389.753.15$2,386
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20258056.664.41$453
Nov 20252982158.593.93$17,542
Oct 20256334959.383.30$37,749
Sep 202559452862.743.08$38,892
Aug 20251532,09763.933.01$16,103
Jul 20253921,91966.743.32$32,524
Jun 20254712,55866.483.13$39,315
May 20254981,94660.553.23$36,444
Apr 20253463,04762.363.54$32,372
Mar 20252923,75067.704.27$35,775
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20245069.052.20$345
Oct 202412579371.372.28$10,730
Sep 20242931,74169.612.36$24,512
Aug 20242721,76175.632.06$24,205
Jul 20242541,43579.932.15$23,383
Jun 20242131,54078.082.63$20,687
May 20241991,77778.812.20$19,590
Apr 20242291,46984.451.66$21,776
Mar 20242811,99080.301.55$25,639
Feb 20241691,66876.091.78$15,834
Jan 20242101,12273.023.30$19,034
Dec 20233402,16571.262.61$29,881
Nov 20234432,40877.892.81$41,266
Oct 20234972,56085.443.09$50,367
Sep 20234643,95189.042.74$52,121
Aug 20234344,75580.522.67$47,655
Jul 20234224,72074.852.64$44,056
Jun 20234594,40468.962.26$41,599
May 20234763,85270.622.23$42,195
Apr 20234545,55178.122.24$47,888
Mar 20233657,35972.852.39$44,202
Feb 20233056,05275.112.47$37,831
Jan 20234561,70776.533.39$40,681
Dec 20223982,33976.415.73$43,812
Nov 20222771,66385.005.65$32,935
Oct 20224152,16187.185.86$48,851
Sep 20223082,48384.888.16$46,413
Aug 20224012,74094.529.13$62,911
Jul 20223822,710101.587.54$59,243
Jun 20223571,965115.097.98$56,762
May 20224022,681109.378.43$66,576
Apr 20224072,971104.226.84$62,732
Mar 20224712,587108.885.08$64,415
Feb 20223321,86891.054.86$39,305
Jan 20225182,85381.844.54$55,339
Dec 20214012,64771.323.90$38,920
Nov 20215112,99777.435.24$55,262
Oct 20215333,00679.795.71$59,704
Sep 20215183,13369.865.35$52,952
Aug 20215392,92466.024.22$47,926
Jul 20215451,55270.783.98$44,755
Jun 20215182,50069.493.38$44,447
May 20216182,67563.483.02$47,303
Apr 20214882,19160.362.76$35,499
Mar 20218093,40161.302.72$58,832
Feb 20214792,40257.805.55$41,012
Jan 20216163,39250.412.81$40,585
Dec 20206012,79944.642.68$34,317
Nov 20208373,19138.772.71$41,087
Oct 20205802,99236.972.48$28,858
Sep 20206533,52537.091.99$31,238
Aug 20206843,51939.982.39$35,739
Jul 20206913,64838.371.83$33,172
Jun 20208793,47034.901.69$36,542
May 20206823,74816.921.81$18,341
Apr 20206573,54314.751.80$16,084
Mar 20205574,52430.341.86$25,297
Feb 20206821,40849.881.98$36,807
Jan 20205432,60557.252.09$36,544
Dec 20191,9157,93359.012.30$131,285
Nov 201915852455.302.75$10,179
Oct 20193483,57653.472.42$27,256
Sep 20195564,53155.052.66$42,648
Aug 20195454,82053.112.30$40,052
Jul 20195664,93156.272.46$43,979
Jun 20196005,09352.782.49$44,356
May 20197085,38258.482.74$56,152
Apr 20198295,29462.632.75$66,482
Mar 20198236,03556.803.06$65,226
Feb 20198364,39950.852.79$54,794
Jan 20199325,67446.033.23$61,217
Dec 20181,2054,80946.594.19$76,269
Nov 20188874,26652.934.24$65,025
Oct 20181,0925,84661.443.40$86,958
Sep 20181,0395,64559.543.11$79,407
Aug 20187725,93359.403.07$64,051
Jul 20181,1685,76765.142.93$92,992
Jun 20189504,15560.183.08$69,956
May 20181,0826,09365.382.90$88,416
Apr 20181,0175,71963.842.90$81,515
Mar 20181,0656,60761.222.79$83,612
Feb 20181,0675,67361.782.77$81,611
Jan 20181,4037,13362.874.01$116,805
Dec 20171,1727,11257.272.92$87,898
Nov 20171,2217,18755.423.12$90,079
Oct 20171,4437,80449.292.98$94,410
Sep 20171,4318,95247.523.09$95,638
Aug 20171,1416,22745.373.00$70,476
Jul 20171,6258,49743.873.09$97,521
Jun 20171,7148,78042.493.09$99,934
May 20171,7189,41845.373.26$108,680
Apr 20171,7309,01947.933.21$111,884
Mar 20171,9499,65446.772.98$119,959
Feb 20171,7368,94850.452.95$114,001
Jan 20171,76310,18749.413.42$121,937
Dec 20161,92210,44648.763.72$132,605
Nov 20162,08912,19542.492.64$121,009
Oct 20162,31113,03646.193.09$147,030
Sep 20162,26312,07541.553.10$131,468
Aug 20162,29713,46541.442.92$134,564
Jul 20162,29114,59441.622.92$138,029
Jun 20162,30314,83645.352.69$144,288
May 20163,38917,55742.521.99$179,057
Apr 20162,98815,95736.561.99$141,012
Mar 20163,02516,04833.011.79$128,646
Feb 20162,74214,97726.472.06$103,488
Jan 20162,64314,96527.352.36$107,669
Dec 20153,04715,69232.362.00$130,007
Nov 20153,93110,67638.792.17$175,622
Oct 20153,58024,68343.552.43$215,804
Sep 20153,64424,43242.992.76$224,049
Aug 20155,53721,88540.162.87$285,230
Jul 20157,93233,01748.152.95$479,164
Jun 20159,11637,32856.152.88$619,475
May 20159,42245,20355.212.96$653,784
Apr 201511,76852,30849.822.71$727,857
Mar 201515,33260,36942.892.93$834,755
Feb 201512,4102,62544.662.98$562,043

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             4 bbl  × $106.41 =       $426
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $426

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/278055 is the state's own key, not one this site invented.