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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 278464District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Apr 2015 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (EAGLE FORD) 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 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 Gas112016-02-16217928
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
CondensateDisposition168,140 bbl$8,467,373
GasProduction623,393 Mcf$1,818,201
Total$10,285,574

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 28.8921, -97.7735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89206, -97.77350 · 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
13,236 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 13,236 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-2553356412H13,236 ftOct 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 (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 20263631,131106.413.05$42,072
Apr 202633882198.932.87$35,794
Mar 20263931,55589.753.15$40,169
Feb 20264881,72063.503.75$37,439
Jan 2026651659.138.00$3,971
Dec 202501256.664.41$53
Nov 20250058.593.93$0
Oct 20250359.383.30$10
Sep 20250062.743.08$0
Aug 20252863.933.01$152
Jul 20254772,27566.743.32$39,377
Jun 20251062566.483.13$7,125
May 20250960.553.23$29
Apr 20252101,05262.363.54$16,823
Mar 20253502,31567.704.27$33,576
Feb 202542925170.884.34$31,497
Jan 20254241,67074.324.28$38,657
Dec 20245272,01768.993.12$42,654
Nov 20243551,16069.052.20$27,063
Oct 20245071,84271.372.28$40,387
Sep 20243091,21269.612.36$24,375
Aug 202412435075.632.06$10,100
Jul 20243621,49679.932.15$32,146
Jun 202427087678.082.63$23,389
May 20243461,04878.812.20$29,572
Apr 20243201,95184.451.66$30,261
Mar 20247134580.301.55$6,234
Feb 20245042,77976.091.78$43,306
Jan 20244502,00373.023.30$39,464
Dec 20234592,22171.262.61$38,507
Nov 202321763677.892.81$18,688
Oct 20235392,60285.443.09$54,085
Sep 20235172,73089.042.74$53,500
Aug 20232521,51280.522.67$24,332
Jul 20234942,88174.852.64$44,587
Jun 20233912,53268.962.26$32,682
May 20234972,58570.622.23$40,856
Apr 202319533078.122.24$15,972
Mar 20233741,96472.852.39$31,946
Feb 20231405075.112.47$10,639
Jan 20234371,59876.533.39$38,857
Dec 20223741,55176.415.73$37,463
Nov 20223414,67185.005.65$55,358
Oct 20223692,25487.185.86$45,386
Sep 20224833,11484.888.16$66,419
Aug 20225192,16394.529.13$68,798
Jul 20226418101.587.54$6,637
Jun 2022163137115.097.98$19,853
May 2022279112109.378.43$31,459
Apr 202216030104.226.84$16,880
Mar 20225582,266108.885.08$72,258
Feb 20223531,28591.054.86$38,384
Jan 202231855981.844.54$28,562
Dec 20215522,55871.323.90$49,343
Nov 20213571,36177.435.24$34,770
Oct 20214621,80379.795.71$47,165
Sep 20215262,40069.865.35$49,589
Aug 20217383,04766.024.22$61,583
Jul 20217053,26270.783.98$62,889
Jun 20217163,77669.493.38$62,520
May 20215644,65463.483.02$49,847
Apr 202135664060.362.76$23,254
Mar 202152048761.302.72$33,199
Feb 20214571,87157.805.55$36,795
Jan 20215862,29250.412.81$35,981
Dec 20205032,24544.642.68$28,460
Nov 20206824,09938.772.71$37,535
Oct 20207374,34636.972.48$38,018
Sep 20207053,20737.091.99$32,534
Aug 20206993,15539.982.39$35,471
Jul 20205741,45838.371.83$24,685
Jun 20204811,44434.901.69$19,228
May 20205562,47316.921.81$13,895
Apr 20205812,77614.751.80$13,579
Mar 20206174,48430.341.86$27,043
Feb 20203873,27049.881.98$25,780
Jan 20204622,58157.252.09$31,856
Dec 20196593,73059.012.30$47,483
Nov 20194772,99455.302.75$34,614
Oct 20196193,85753.472.42$42,426
Sep 20199504,12255.052.66$63,251
Aug 20191,0154,16253.112.30$63,497
Jul 20191,1734,92556.272.46$78,121
Jun 20191,2255,64252.782.49$78,711
May 20191,0545,30558.482.74$76,175
Apr 20191,0325,40162.632.75$79,491
Mar 20199806,37056.803.06$75,170
Feb 20198964,53550.852.79$58,224
Jan 20191,0824,86746.033.23$65,516
Dec 20181,1064,96346.594.19$72,301
Nov 20188973,95152.934.24$64,220
Oct 20181,0174,92461.443.40$79,217
Sep 20189024,19559.543.11$66,743
Aug 20181,1255,71759.403.07$84,357
Jul 20181,2275,88565.142.93$97,181
Jun 20186291,37360.183.08$42,078
May 20181,0497,85365.382.90$91,364
Apr 20181,23511,61463.842.90$112,532
Mar 20187031,27461.222.79$46,588
Feb 201806461.782.77$177
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20171513649.292.98$1,145
Sep 20172913647.523.09$1,798
Aug 20171,6265,41645.373.00$90,043
Jul 20173,48314,61143.873.09$197,907
Jun 20174,19521,64542.493.09$245,070
May 20173,17515,64745.373.26$195,112
Apr 20171,2414,72147.933.21$74,643
Mar 20171,6087,79746.772.98$98,470
Feb 20179833,99650.452.95$61,391
Jan 20171,5006,09449.413.42$94,949
Dec 20161,4003,74448.763.72$82,202
Nov 20161,4715,71442.492.64$77,613
Oct 201625246.193.09$253
Sep 20161,3464,46241.553.10$69,761
Aug 20161,8996,96041.442.92$99,048
Jul 20164,02415,36441.622.92$212,408
Jun 20163,63112,62245.352.69$198,566
May 20165313142.521.99$2,514
Apr 20162,5558,29036.561.99$109,917
Mar 20163,67815,18733.011.79$148,656
Feb 20163,28310,62226.472.06$108,821
Jan 20163,90512,43727.352.36$136,207
Dec 20153,32910,84832.362.00$129,438
Nov 20154,65314,36238.792.17$211,617
Oct 20155,11514,82143.552.43$258,723
Sep 20155,82317,27942.992.76$297,994
Aug 20157,54021,95440.162.87$365,869
Jul 20158,81325,50948.152.95$499,472
Jun 20159,78328,19456.152.88$630,595
May 201511,95234,05455.212.96$760,515
Apr 201515,17239,43349.822.71$862,597

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           363 bbl  × $106.41 =    $38,627
Gas                1,131 Mcf  × $  3.05 =     $3,445

────────────────────────────────────────────────────
Month total                                  $42,072

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/278464 is the state's own key, not one this site invented.