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DAVIS 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 278847District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
May 2015 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
133
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 Gas112016-03-24218249
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
CondensateDisposition251,027 bbl$12,546,938
GasProduction786,467 Mcf$2,349,816
Total$14,896,754

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 28.8514, -97.8194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.85142, -97.81938 · 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
13,094 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 13,094 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-2553321404H13,094 ftFeb 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 (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 20261,1623,643106.413.05$134,744
Apr 20269193,44598.932.87$100,803
Mar 20261,0323,46189.753.15$103,522
Feb 20261,2763,13863.503.75$92,795
Jan 20269812,31359.138.00$76,506
Dec 20251,5302,66656.664.41$98,456
Nov 20251,5394,61058.593.93$108,271
Oct 20251,1845,45259.383.30$88,324
Sep 20251,4846,17362.743.08$112,100
Aug 20251,8177,03263.933.01$137,361
Jul 20252,3838,64666.743.32$187,705
Jun 20252,36211,26766.483.13$192,277
May 20253,53614,54860.553.23$261,129
Apr 20256803,49362.363.54$54,781
Mar 20251522,08967.704.27$19,207
Feb 202507970.884.34$343
Jan 20254821,46374.324.28$42,082
Dec 202430287268.993.12$23,557
Nov 20243571,02669.052.20$26,906
Oct 20243381,30271.372.28$27,093
Sep 202419489369.612.36$15,616
Aug 20242451,05675.632.06$20,709
Jul 20245042,12079.932.15$44,835
Jun 20243841,48678.082.63$33,897
May 20243441,35378.812.20$30,085
Apr 20244191,73384.451.66$38,260
Mar 20244581,78780.301.55$39,539
Feb 20244931,98276.091.78$41,048
Jan 20243761,02773.023.30$30,842
Dec 202323564971.262.61$18,440
Nov 20232291,30077.892.81$21,487
Oct 20234462,28185.443.09$45,148
Sep 20234912,44589.042.74$50,406
Aug 20234542,06880.522.67$42,084
Jul 20233912,54874.852.64$35,998
Jun 202322570568.962.26$17,108
May 20233142,10470.622.23$26,861
Apr 20233752,23978.122.24$34,305
Mar 20233962,23272.852.39$34,190
Feb 202327210275.112.47$20,681
Jan 20234161,85376.533.39$38,114
Dec 20223923,03276.415.73$47,323
Nov 20224012,32485.005.65$47,207
Oct 20224162,40887.185.86$50,387
Sep 20223141,85084.888.16$41,755
Aug 20223593,50294.529.13$65,896
Jul 20221903,189101.587.54$43,352
Jun 20223482,735115.097.98$61,869
May 20224063,387109.378.43$72,967
Apr 20225203,121104.226.84$75,535
Mar 20226013,539108.885.08$83,402
Feb 20224292,85191.054.86$52,913
Jan 20225412,39281.844.54$55,130
Dec 20214782,19871.323.90$42,661
Nov 20214572,18377.435.24$46,818
Oct 20214412,43579.795.71$49,101
Sep 20215683,29369.865.35$57,301
Aug 20217436,81066.024.22$77,795
Jul 20215733,18170.783.98$53,224
Jun 20215563,05969.493.38$48,978
May 20215203,09663.483.02$42,352
Apr 20216833,77860.362.76$51,647
Mar 20217033,72161.302.72$53,204
Feb 20214493,07057.805.55$42,984
Jan 20217283,85750.412.81$47,538
Dec 20208994,99744.642.68$53,501
Nov 20207484,05838.772.71$39,983
Oct 20206164,01436.972.48$32,722
Sep 20206364,68737.091.99$32,921
Aug 20205953,51839.982.39$32,179
Jul 20206533,36738.371.83$31,201
Jun 20205993,77234.901.69$27,281
May 20207013,94816.921.81$19,026
Apr 20206583,84814.751.80$16,649
Mar 20206013,46830.341.86$24,672
Feb 20206093,38949.881.98$37,089
Jan 20206964,23757.252.09$48,721
Dec 20196384,49459.012.30$48,004
Nov 20194583,75955.302.75$35,667
Oct 20196634,79753.472.42$47,052
Sep 20191,0374,83755.052.66$69,940
Aug 20195032,63453.112.30$32,784
Jul 20197853,74256.272.46$53,377
Jun 20199903,98452.782.49$62,177
May 20199953,81658.482.74$68,645
Apr 20197932,89562.632.75$57,629
Mar 20199733,87856.803.06$67,141
Feb 20199864,16950.852.79$61,779
Jan 20191,1313,71546.033.23$64,053
Dec 20181,1354,16146.594.19$70,295
Nov 20181,0222,73552.934.24$65,683
Oct 20181,0972,83661.443.40$77,037
Sep 20181,0042,28359.543.11$66,874
Aug 20181,4694,15959.403.07$100,012
Jul 20181,5105,64465.142.93$114,909
Jun 20181,4296,30060.183.08$105,382
May 20181,5575,85465.382.90$118,778
Apr 20181,6455,27563.842.90$120,319
Mar 20181,7963,58061.222.79$119,928
Feb 20181,46536061.782.77$91,504
Jan 20181,45243062.874.01$93,011
Dec 20171,7521,92157.272.92$105,949
Nov 20171,9214,41155.423.12$120,217
Oct 20172,3365,71449.292.98$132,190
Sep 20171,7025,20747.523.09$96,955
Aug 20171,8215,69645.373.00$99,732
Jul 20172,2046,73443.873.09$117,479
Jun 20172,4777,22742.493.09$127,560
May 20172,6297,72545.373.26$144,488
Apr 20171,7064,43247.933.21$96,002
Mar 20171,5443,85746.772.98$83,721
Feb 20177281,45050.452.95$41,009
Jan 20179291,72749.413.42$51,806
Dec 20161,5904,60448.763.72$94,668
Nov 20163,2009,74342.492.64$161,732
Oct 20163,28410,05146.193.09$182,748
Sep 20163,58311,01841.553.10$183,036
Aug 20164,16111,51741.442.92$206,111
Jul 20164,91713,61241.622.92$244,452
Jun 20165,79916,61745.352.69$307,615
May 20164,57913,92842.521.99$222,430
Apr 20164,86112,93036.561.99$203,462
Mar 20166,94519,53833.011.79$264,306
Feb 20168,36222,80626.472.06$268,405
Jan 20166,64914,84127.352.36$216,940
Dec 20156,37517,18232.362.00$240,683
Nov 20157,14318,85838.792.17$317,948
Oct 20157,69819,60743.552.43$382,826
Sep 201510,50726,41542.992.76$524,560
Aug 201513,70834,40140.162.87$649,330
Jul 201516,42140,41248.152.95$909,688
Jun 201518,25843,17056.152.88$1,149,640
May 201513,70135,78455.212.96$862,190

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         1,162 bbl  × $106.41 =   $123,648
Gas                3,643 Mcf  × $  3.05 =    $11,096

────────────────────────────────────────────────────
Month total                                 $134,744

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/278847 is the state's own key, not one this site invented.