REYNOLDS GAS UNIT 1

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 278457District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.2 M
May 2015 – May 2026
Value, last 12 filed months
$514 k
at the published price for each month
Months reported
133
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 Gas112017-08-18220557
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
CondensateDisposition351,477 bbl$17,361,315
GasProduction1,638,985 Mcf$4,830,380
Total$22,191,695

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 28.9063, -97.7607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90627, -97.76068 · 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
12,996 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 12,996 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-2553422710H12,996 ftMay 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 (133)

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

133 months

May 2026402,160106.413.05$10,835
Apr 20265523,34498.932.87$64,206
Mar 20266016989.753.15$5,917
Feb 20266104,87763.503.75$57,025
Jan 20265112,83059.138.00$52,850
Dec 20254861,89456.664.41$35,896
Nov 202551819,86458.593.93$108,344
Oct 20251903,55259.383.30$23,021
Sep 20253793,09062.743.08$33,286
Aug 20254183,44263.933.01$37,100
Jul 20253723,25266.743.32$35,608
Jun 20254765,93466.483.13$50,210
May 20255062,47860.553.23$38,648
Apr 20256525,71662.363.54$60,911
Mar 20252812,48367.704.27$29,622
Feb 20250070.884.34$0
Jan 20251851,45574.324.28$19,975
Dec 20243683,52568.993.12$36,391
Nov 20244153,33269.052.20$35,981
Oct 20243933,25471.372.28$35,472
Sep 20243852,87969.612.36$33,607
Aug 20244533,39775.632.06$41,271
Jul 20244623,32779.932.15$44,069
Jun 20245312,97178.082.63$49,286
May 20249254,21478.812.20$82,163
Apr 20245403,44084.451.66$51,311
Mar 20245081,46080.301.55$43,048
Feb 20245864,46076.091.78$52,544
Jan 202425474773.023.30$21,010
Dec 20234774,01971.262.61$44,484
Nov 20234663,58377.892.81$46,356
Oct 20236334,59985.443.09$68,282
Sep 20235874,32689.042.74$64,098
Aug 20237916,30680.522.67$80,547
Jul 20231,0566,23674.852.64$95,516
Jun 20231,0856,68668.962.26$89,922
May 20231,2317,33870.622.23$103,278
Apr 20231,1466,74078.122.24$104,608
Mar 20231,2677,11572.852.39$109,328
Feb 20237504,94375.112.47$68,520
Jan 202348218776.533.39$37,521
Dec 20226774876.415.73$9,405
Nov 20228317285.005.65$8,026
Oct 202228219387.185.86$25,716
Sep 20225963,40384.888.16$78,369
Aug 20226854,96594.529.13$110,063
Jul 20227155,659101.587.54$115,310
Jun 20226376,148115.097.98$122,356
May 20228357,292109.378.43$152,818
Apr 20221,0496,593104.226.84$154,407
Mar 20226387,590108.885.08$107,995
Feb 202225474091.054.86$26,722
Jan 20224552,77681.844.54$49,834
Dec 20218808,18571.323.90$94,676
Nov 20219506,20177.435.24$106,032
Oct 20211,0926,54879.795.71$124,545
Sep 20211,0916,81569.865.35$112,684
Aug 20211,4498,03766.024.22$129,584
Jul 20218707,57170.783.98$91,727
Jun 20211,0666,06869.493.38$94,590
May 20211,1128,59463.483.02$96,524
Apr 20211,2237,49260.362.76$94,486
Mar 20211,5908,69661.302.72$121,094
Feb 20214772,78657.805.55$43,027
Jan 20217564,34750.412.81$50,326
Dec 20209775,38644.642.68$58,023
Nov 20209856,89138.772.71$56,839
Oct 20207945,98436.972.48$44,185
Sep 20209205,04737.091.99$44,172
Aug 20201,0136,80939.982.39$56,740
Jul 20209976,41238.371.83$49,958
Jun 20201,0238,11234.901.69$49,414
May 20209888,00316.921.81$31,240
Apr 20201,3068,63114.751.80$34,837
Mar 20201,1697,69530.341.86$49,751
Feb 20201,0819,32549.881.98$72,390
Jan 20201,00410,07657.252.09$78,586
Dec 20191,31210,45459.012.30$101,511
Nov 20191,1849,07655.302.75$90,441
Oct 20191,2749,04353.472.42$89,992
Sep 20191,3879,63055.052.66$101,944
Aug 20191,3849,62953.112.30$95,693
Jul 20191,43810,21156.272.46$106,036
Jun 20191,6809,78752.782.49$113,052
May 20191,6899,68258.482.74$125,305
Apr 20192,1219,55662.632.75$159,124
Mar 20192,0969,95956.803.06$149,548
Feb 20191,86310,84750.852.79$125,021
Jan 20192,5154,64046.033.23$130,744
Dec 20181,7509,52246.594.19$121,386
Nov 20181,8819,74052.934.24$140,832
Oct 20181,9959,89161.443.40$156,183
Sep 20181,8369,33659.543.11$138,332
Aug 20182,00410,40759.403.07$150,951
Jul 20181,75410,51465.142.93$145,081
Jun 20181,87210,37260.183.08$144,571
May 20181,95211,02865.382.90$159,612
Apr 20182,08410,78663.842.90$164,331
Mar 20182,17511,87261.222.79$166,239
Feb 20182,13311,58061.782.77$163,808
Jan 20182,45013,48362.874.01$208,089
Dec 20172,35314,87957.272.92$178,226
Nov 20172,69215,07755.423.12$196,206
Oct 20172,76215,76249.292.98$183,168
Sep 20172,72816,59347.523.09$180,862
Aug 20172,51112,84745.373.00$152,522
Jul 20174,63817,15743.873.09$256,438
Jun 20173,40117,23942.493.09$197,730
May 20173,72817,67345.373.26$226,813
Apr 20173,94818,44547.933.21$248,466
Mar 20174,42620,19146.772.98$267,248
Feb 20174,09119,46450.452.95$263,860
Jan 20174,59623,70649.413.42$308,134
Dec 20165,96525,27548.763.72$384,948
Nov 20164,66618,79342.492.64$247,954
Oct 20165,33421,47246.193.09$312,732
Sep 20165,32721,52641.553.10$288,081
Aug 20166,12623,59741.442.92$322,867
Jul 20166,67426,13941.622.92$354,211
Jun 20167,07726,75645.352.69$392,804
May 20168,05631,20742.521.99$404,676
Apr 20168,44731,90436.561.99$372,344
Mar 20165,98519,62833.011.79$232,778
Feb 20166,43022,48326.472.06$216,599
Jan 20168,20130,83727.352.36$297,207
Dec 201511,32847,93232.362.00$462,506
Nov 201512,26749,05538.792.17$582,155
Oct 201513,69855,14843.552.43$730,369
Sep 201514,80957,69242.992.76$795,778
Aug 201516,82665,71140.162.87$864,486
Jul 201519,70071,18748.152.95$1,158,206
Jun 201521,73975,08656.152.88$1,437,107
May 201523,98385,86555.212.96$1,577,871

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            40 bbl  × $106.41 =     $4,256
Gas                2,160 Mcf  × $  3.05 =     $6,579

────────────────────────────────────────────────────
Month total                                  $10,835

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/278457 is the state's own key, not one this site invented.