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LIVE OAK PARTNERS 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 278843District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.7 M
Apr 2015 – May 2026
Value, last 12 filed months
$49 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 Gas112016-03-24218246
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
CondensateDisposition266,742 bbl$12,623,404
GasProduction1,752,422 Mcf$5,062,804
Total$17,686,208

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 28.5795, -98.2162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57952, -98.21620 · 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
12,860 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 12,860 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-2973560103H12,860 ftApr 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260459.138.00$32
Dec 202562856.664.41$464
Nov 20252510958.593.93$1,893
Oct 202533159.383.30$281
Sep 202513068662.743.08$10,267
Aug 202512068463.933.01$9,734
Jul 20251641,35866.743.32$15,447
Jun 202512774266.483.13$10,764
May 20251351,05160.553.23$11,571
Apr 20252081,40162.363.54$17,935
Mar 202516893267.704.27$15,352
Feb 20259764970.884.34$9,693
Jan 20253781,95774.324.28$36,466
Dec 20242941,36368.993.12$24,537
Nov 20244482,41369.052.20$36,239
Oct 20244282,45871.372.28$36,154
Sep 20245573,43569.612.36$46,894
Aug 20241,0324,53175.632.06$87,400
Jul 20242611,35479.932.15$23,768
Jun 20244521,45278.082.63$39,117
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024112580.301.55$922
Feb 20243438376.091.78$3,270
Jan 20242492,67173.023.30$26,990
Dec 20233723,75271.262.61$36,304
Nov 20234336,62277.892.81$52,318
Oct 20234318,72685.443.09$63,764
Sep 202313,81289.042.74$10,515
Aug 20231003,22580.522.67$16,672
Jul 20231053,95174.852.64$18,297
Jun 20231214,54768.962.26$18,613
May 2023363,82670.622.23$11,064
Apr 20231533,18478.122.24$19,077
Mar 20232043,45972.852.39$23,139
Feb 20232173,45275.112.47$24,810
Jan 20233353,97776.533.39$39,111
Dec 20223094,49176.415.73$49,340
Nov 20221692,28385.005.65$27,255
Oct 20222543,19287.185.86$40,861
Sep 20222233,25384.888.16$45,485
Aug 20221742,65794.529.13$40,697
Jul 20223054,142101.587.54$62,221
Jun 20223695,169115.097.98$83,702
May 20224145,780109.378.43$94,022
Apr 20222473,515104.226.84$49,777
Mar 20224695,573108.885.08$79,356
Feb 20224185,31191.054.86$63,864
Jan 20224405,80381.844.54$62,342
Dec 20215615,67471.323.90$62,134
Nov 20214365,47577.435.24$62,431
Oct 20214786,00079.795.71$72,423
Sep 20214805,86869.865.35$64,932
Aug 20214135,51366.024.22$50,534
Jul 20213924,78070.783.98$46,780
Jun 20214205,15969.493.38$46,626
May 20215086,28463.483.02$51,211
Apr 20215256,10160.362.76$48,518
Mar 20215037,39661.302.72$50,928
Feb 20213574,80057.805.55$47,265
Jan 20214706,06150.412.81$40,726
Dec 20205686,26844.642.68$42,125
Nov 20205346,88438.772.71$39,335
Oct 20205306,83836.972.48$36,542
Sep 20205337,13937.091.99$33,983
Aug 20205277,52639.982.39$39,020
Jul 20204157,05738.371.83$28,803
Jun 20202704,99334.901.69$17,863
May 20203375,87716.921.81$16,367
Apr 20204818,08414.751.80$21,681
Mar 202061110,33230.341.86$37,716
Feb 202060610,01249.881.98$50,058
Jan 202078313,43657.252.09$72,972
Dec 201973211,88959.012.30$70,592
Nov 201991215,27855.302.75$92,459
Oct 201973610,67653.472.42$65,174
Sep 20198247,60755.052.66$65,575
Aug 20198097,93653.112.30$61,253
Jul 20199298,24356.272.46$72,553
Jun 20199988,53152.782.49$73,927
May 20197258,86058.482.74$66,677
Apr 20199758,70862.632.75$85,017
Mar 20191,0359,13756.803.06$86,766
Feb 20199229,25950.852.79$72,737
Jan 20199329,06746.033.23$72,170
Dec 20189079,15246.594.19$80,562
Nov 20189699,07352.934.24$89,734
Oct 20181,00110,71061.443.40$97,895
Sep 20181,23810,17159.543.11$105,322
Aug 20181,33111,11359.403.07$113,140
Jul 20181,55113,45865.142.93$140,489
Jun 20181,71214,20660.183.08$146,739
May 20181,85214,96765.382.90$164,500
Apr 20181,84415,04963.842.90$161,375
Mar 20181,85615,14561.222.79$155,831
Feb 20181,60514,32561.782.77$138,782
Jan 20181,60414,15162.874.01$157,579
Dec 20171,63913,12257.272.92$132,202
Nov 20171,67113,58655.423.12$134,973
Oct 20171,86715,36649.292.98$137,872
Sep 20172,11417,30947.523.09$153,895
Aug 20172,01717,39845.373.00$143,782
Jul 20172,34519,74543.873.09$163,833
Jun 20172,43120,40142.493.09$166,277
May 20172,73022,42345.373.26$197,035
Apr 20172,78022,57747.933.21$205,754
Mar 20173,06924,51846.772.98$216,691
Feb 20172,94023,33050.452.95$217,207
Jan 20173,60227,25849.413.42$271,164
Dec 20163,91928,71648.763.72$297,995
Nov 20164,04930,12342.492.64$251,698
Oct 20164,50233,09446.193.09$310,216
Sep 20164,84334,94241.553.10$309,569
Aug 20165,52139,03041.442.92$342,927
Jul 20166,29242,51241.622.92$386,193
Jun 20166,33740,63045.352.69$396,508
May 20166,80340,08042.521.99$369,064
Apr 20165,93734,69436.561.99$286,134
Mar 20166,81337,66833.011.79$292,474
Feb 20166,93037,07126.472.06$259,938
Jan 20169,23343,72127.352.36$355,895
Dec 201510,61050,87432.362.00$445,159
Nov 201510,76650,42038.792.17$526,890
Oct 201511,29953,09243.552.43$620,903
Sep 201512,06557,33542.992.76$676,828
Aug 201512,95057,83540.162.87$686,202
Jul 201514,15460,96748.152.95$861,068
Jun 201515,47065,58356.152.88$1,057,707
May 201517,22971,93855.212.96$1,163,822
Apr 201510,45241,37749.822.71$632,708

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    4 Mcf  × $  8.00 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/278843 is the state's own key, not one this site invented.