CHOATE 01

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 278303District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.8 M
Apr 2015 – May 2026
Value, last 12 filed months
$846 k
at the published price for each month
Months reported
134
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 Gas112016-02-16217926
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
CondensateDisposition339,784 bbl$17,430,966
GasProduction1,139,357 Mcf$3,409,986
Total$20,840,951

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 28.8883, -97.7765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88835, -97.77654 · 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
13,085 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 13,085 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-2553356007H13,085 ftJan 2016

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 (134)

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

134 months

May 20266861,868106.413.05$78,687
Apr 20267382,02698.932.87$78,824
Mar 20261,1004,28489.753.15$112,217
Feb 20261,2664,83263.503.75$98,513
Jan 20267322,62159.138.00$64,246
Dec 20255462,32356.664.41$41,189
Nov 20256732,29958.593.93$48,458
Oct 20257992,95959.383.30$57,224
Sep 20257883,05262.743.08$58,830
Aug 20251,0313,69963.933.01$77,063
Jul 20258253,34466.743.32$66,147
Jun 20258083,43166.483.13$64,450
May 202516668060.553.23$12,249
Apr 20259109,22862.363.54$89,444
Mar 20251,1454,85367.704.27$98,231
Feb 20251,0041,55270.884.34$77,901
Jan 20251,0344,92874.324.28$97,932
Dec 20241,1625,40468.993.12$97,034
Nov 20241,2064,96569.052.20$94,190
Oct 20241,2465,05571.372.28$100,460
Sep 20248043,56769.612.36$64,400
Aug 20241,3175,07875.632.06$110,084
Jul 20241,1515,02679.932.15$102,788
Jun 20241,4736,86078.082.63$133,081
May 20241,6417,89678.812.20$146,686
Apr 20241,5137,30084.451.66$139,885
Mar 20240080.301.55$0
Feb 202472076.091.78$5,478
Jan 20245143,95473.023.30$50,571
Dec 20235813,96071.262.61$51,741
Nov 20236293,85977.892.81$59,827
Oct 20237883,75985.443.09$78,932
Sep 20237614,24889.042.74$79,378
Aug 20234364,67680.522.67$47,605
Jul 20235672,66874.852.64$49,488
Jun 20235078668.962.26$35,157
May 20236622,13470.622.23$51,504
Apr 20235344,97478.122.24$52,847
Mar 20234243,31072.852.39$38,810
Feb 20233942,79675.112.47$36,487
Jan 20234293,02576.533.39$43,079
Dec 20223937,07476.415.73$70,557
Nov 20226469,51985.005.65$108,656
Oct 202262226387.185.86$55,768
Sep 202260323884.888.16$53,126
Aug 202259321494.529.13$58,004
Jul 2022558272101.587.54$58,733
Jun 2022727220115.097.98$85,425
May 2022582350109.378.43$66,605
Apr 20227063,925104.226.84$100,417
Mar 20227501,914108.885.08$91,376
Feb 20226932,75491.054.86$76,479
Jan 20228633,83981.844.54$88,048
Dec 20216163,22171.323.90$56,492
Nov 20216524,02677.435.24$71,568
Oct 20216434,06979.795.71$74,555
Sep 20217344,21569.865.35$73,831
Aug 20219113,96166.024.22$76,862
Jul 202153013670.783.98$38,055
Jun 202152812569.493.38$37,113
May 20215572,29063.483.02$42,269
Apr 20217603,24260.362.76$54,816
Mar 20218544,68761.302.72$65,085
Feb 20216209,07357.805.55$86,173
Jan 20218546,12550.412.81$60,263
Dec 20208925,09644.642.68$53,453
Nov 20208103,07738.772.71$39,732
Oct 20208482,79636.972.48$38,280
Sep 20208604,82637.091.99$41,506
Aug 20204139.982.39$162
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20209610614.751.80$1,607
Mar 20208264,20230.341.86$32,861
Feb 20209465,02549.881.98$57,139
Jan 20205453,24557.252.09$37,999
Dec 20191,0035,92859.012.30$72,847
Nov 20199827,27155.302.75$74,305
Oct 20191,2318,13253.472.42$85,489
Sep 20191,4777,00355.052.66$99,918
Aug 20197402,84753.112.30$45,862
Jul 20191,1334,62856.272.46$75,139
Jun 20191,2245,10652.782.49$77,323
May 20191,2866,52358.482.74$93,080
Apr 20191,9148,39462.632.75$142,963
Mar 20191,9298,52656.803.06$135,675
Feb 20191,3155,61650.852.79$82,549
Jan 20191,2725,53046.033.23$76,402
Dec 20181,7739,27646.594.19$121,428
Nov 20181,5276,77252.934.24$109,519
Oct 20181,8026,73661.443.40$133,604
Sep 20182,1658,51059.543.11$155,353
Aug 20182,42310,12059.403.07$174,960
Jul 20182,57811,08365.142.93$200,425
Jun 20183,14813,79360.183.08$231,887
May 20184,01616,89665.382.90$311,578
Apr 20181,1474,98063.842.90$87,670
Mar 20189693,64261.222.79$69,472
Feb 20183,36113,50861.782.77$245,007
Jan 20184,50718,28862.874.01$356,678
Dec 20172,9488,67357.272.92$194,170
Nov 20173,0849,40955.423.12$200,256
Oct 20173,17912,14449.292.98$192,927
Sep 20174,53018,82247.523.09$273,374
Aug 20174,39119,29945.373.00$257,202
Jul 20175,65319,85143.873.09$309,283
Jun 20175,66319,22842.493.09$299,983
May 20175,44317,81545.373.26$305,086
Apr 20175,53817,69847.933.21$322,275
Mar 20176,24320,31646.772.98$352,602
Feb 20175,29218,31250.452.95$321,049
Jan 20175,99520,81449.413.42$367,372
Dec 20166,44821,28548.763.72$393,645
Nov 20165,99521,34342.492.64$311,166
Oct 20165,64722,82946.193.09$331,382
Sep 20164,28616,70541.553.10$229,879
Aug 20163,55810,88241.442.92$179,266
Jul 20164,47013,56041.622.92$225,695
Jun 20164,59514,38345.352.69$247,014
May 20164,61915,54042.521.99$227,341
Apr 20165,12116,45536.561.99$219,986
Mar 20165,94218,12533.011.79$228,662
Feb 20166,36818,75326.472.06$207,260
Jan 20166,43317,15427.352.36$216,501
Dec 20158,69421,69432.362.00$324,756
Nov 20159,32121,77838.792.17$408,762
Oct 201510,18423,36843.552.43$500,218
Sep 201511,48727,08642.992.76$568,541
Aug 201513,72131,95140.162.87$642,814
Jul 201516,14837,46548.152.95$887,864
Jun 201517,82441,01556.152.88$1,119,058
May 201522,03549,59155.212.96$1,363,116
Apr 20159,12320,20149.822.71$509,183

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           686 bbl  × $106.41 =    $72,997
Gas                1,868 Mcf  × $  3.05 =     $5,690

────────────────────────────────────────────────────
Month total                                  $78,687

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/278303 is the state's own key, not one this site invented.