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HOPE 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278593District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.4 M
Oct 2014 – May 2026
Value, last 12 filed months
$533 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, gas

The DE WITT (EAGLE FORD SHALE) 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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: “DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.”

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 Gas112016-08-12218998
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
CondensateDisposition530,264 bbl$27,339,374
GasProduction2,302,824 Mcf$7,046,572
Total$34,385,947

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 29.0179, -97.6040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.01786, -97.60398 · 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
13,493 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 13,493 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-1233348707H13,493 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 (140)

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

140 months

May 20265332,697106.413.05$64,931
Apr 20265944,21798.932.87$70,866
Mar 20266212,24289.753.15$62,796
Feb 202615757763.503.75$12,133
Jan 20267514,11859.138.00$77,342
Dec 20256953,36656.664.41$54,234
Nov 20256493,51258.593.93$51,815
Oct 20251,0174,68359.383.30$75,866
Sep 20258203,76362.743.08$63,025
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20255052,55462.363.54$40,541
Mar 20256393,01567.704.27$56,129
Feb 20255662,72170.884.34$51,930
Jan 20254052,11574.324.28$39,149
Dec 20246733,46568.993.12$57,246
Nov 20245923,17569.052.20$47,858
Oct 20245552,73271.372.28$45,843
Sep 20247273,36669.612.36$58,565
Aug 20243692,74575.632.06$33,572
Jul 20241,3367,38579.932.15$122,639
Jun 20247872,76978.082.63$68,742
May 20243422,61678.812.20$32,704
Apr 20244183,12784.451.66$40,488
Mar 20246994,20180.301.55$62,621
Feb 20243162,96576.091.78$29,333
Jan 20244593,00873.023.30$43,436
Dec 20235973,96571.262.61$52,894
Nov 20236604,24177.892.81$63,314
Oct 20237064,41485.443.09$73,948
Sep 20237594,82589.042.74$80,778
Aug 20236604,31880.522.67$64,685
Jul 20234853,51274.852.64$45,580
Jun 20236383,95768.962.26$52,933
May 20235423,86470.622.23$46,883
Apr 20235323,84778.122.24$50,169
Mar 20236063,97372.852.39$53,655
Feb 20237233,63575.112.47$63,267
Jan 20236063,92076.533.39$59,657
Dec 20224723,51076.415.73$56,175
Nov 20226354,39485.005.65$78,784
Oct 20227285,33387.185.86$94,738
Sep 20225805,21384.888.16$91,788
Aug 20227985,70994.529.13$127,534
Jul 20227325,969101.587.54$119,375
Jun 20227595,090115.097.98$127,957
May 20227045,485109.378.43$123,252
Apr 20228375,148104.226.84$122,432
Mar 20229155,446108.885.08$127,271
Feb 20227234,93891.054.86$89,822
Jan 20228975,77981.844.54$99,634
Dec 20218666,03571.323.90$85,294
Nov 20218195,88577.435.24$94,234
Oct 20217936,07679.795.71$97,991
Sep 20218385,99969.865.35$90,643
Aug 20211,0986,34166.024.22$99,253
Jul 20219166,66770.783.98$91,383
Jun 20219506,93769.493.38$89,467
May 20218476,40163.483.02$73,084
Apr 20218745,44160.362.76$67,763
Mar 20218575,81761.302.72$68,339
Feb 20215994,33157.805.55$58,650
Jan 20219496,91150.412.81$67,261
Dec 20208836,55644.642.68$56,957
Nov 20209126,64738.772.71$53,349
Oct 20201,0087,08636.972.48$54,828
Sep 20201,0227,22537.091.99$52,291
Aug 20209467,08639.982.39$54,722
Jul 20201,1207,71038.371.83$57,046
Jun 20209716,93134.901.69$45,603
May 20209716,63116.921.81$28,463
Apr 20209767,11914.751.80$27,241
Mar 20209507,08430.341.86$41,973
Feb 20209286,50249.881.98$59,167
Jan 20209718,44757.252.09$73,284
Dec 20197966,93259.012.30$62,946
Nov 20195296,30055.302.75$46,583
Oct 20199229,06053.472.42$71,211
Sep 20191,6629,20155.052.66$115,943
Aug 20191,7309,65053.112.30$114,117
Jul 20191,5968,99856.272.46$111,943
Jun 20191,6488,18952.782.49$107,382
May 20191,6767,98858.482.74$119,902
Apr 20191,6938,64462.632.75$129,810
Mar 20191,7098,82856.803.06$124,103
Feb 20191,7158,23450.852.79$110,199
Jan 20191,8547,81546.033.23$110,568
Dec 20182,0208,37346.594.19$129,156
Nov 20181,8197,64752.934.24$128,682
Oct 20181,8998,50461.443.40$145,572
Sep 20181,8218,10359.543.11$133,606
Aug 20181,9608,64959.403.07$142,947
Jul 20181,9878,77765.142.93$155,166
Jun 20182,0308,75160.183.08$149,092
May 20182,1239,24365.382.90$165,614
Apr 20182,4649,87163.842.90$185,936
Mar 20182,2249,12461.222.79$161,580
Feb 20181,9277,91961.782.77$140,955
Jan 20182,52510,88462.874.01$202,384
Dec 20172,42110,14357.272.92$168,284
Nov 20172,2429,60655.423.12$154,207
Oct 20172,82712,56249.292.98$176,824
Sep 20172,43310,81147.523.09$148,993
Aug 20172,71212,23145.373.00$159,790
Jul 20173,04313,66043.873.09$175,669
Jun 20173,14213,91642.493.09$176,466
May 20173,41115,15345.373.26$204,207
Apr 20173,46715,06047.933.21$214,540
Mar 20173,74916,31646.772.98$224,022
Feb 20173,46415,83650.452.95$221,516
Jan 20174,02118,01649.413.42$260,271
Dec 20164,44619,35848.763.72$288,854
Nov 20162,0959,28742.492.64$113,575
Oct 20164,62722,35346.193.09$282,798
Sep 20164,51622,94441.553.10$258,781
Aug 20165,29326,59941.442.92$297,126
Jul 20165,54426,67641.622.92$308,751
Jun 20165,92428,38645.352.69$344,893
May 20166,86332,68142.521.99$356,884
Apr 20167,42135,11236.561.99$341,221
Mar 20168,70641,01433.011.79$360,965
Feb 20169,34943,01126.472.06$336,227
Jan 20169,79841,88227.352.36$366,999
Dec 201511,49046,37632.362.00$464,634
Nov 201512,57950,19638.792.17$596,731
Oct 201514,77959,12243.552.43$787,090
Sep 201515,61062,05242.992.76$842,239
Aug 201518,51374,10340.162.87$956,342
Jul 201520,41880,42048.152.95$1,219,970
Jun 201519,94677,25656.152.88$1,342,686
May 201523,95095,26455.212.96$1,603,827
Apr 201523,72093,49849.822.71$1,434,789
Mar 201524,37794,78442.892.93$1,323,693
Feb 201522,61187,62744.662.98$1,270,602
Jan 201528,351106,32843.433.10$1,560,968
Dec 201429,793110,00054.693.59$2,024,429
Nov 201427,30796,94270.464.25$2,336,233
Oct 201429,394101,07578.303.90$2,695,840

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           533 bbl  × $106.41 =    $56,717
Gas                2,697 Mcf  × $  3.05 =     $8,215

────────────────────────────────────────────────────
Month total                                  $64,931

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/278593 is the state's own key, not one this site invented.