THREE SISTERS 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 278973District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.9 M
Aug 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
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 Gas112016-03-24218241
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
CondensateDisposition213,790 bbl$11,945,802
GasProduction1,528,388 Mcf$4,964,280
Total$16,910,082

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 28.5743, -98.2320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57435, -98.23202 · 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
12,809 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 12,809 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-2973547819H12,809 ftAug 2014

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 (142)

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

142 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202475773.023.30$699
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202371456680.522.67$59,004
Jul 202305074.852.64$132
Jun 202305668.962.26$126
May 2023113770.622.23$376
Apr 2023060678.122.24$1,356
Mar 202309772.852.39$232
Feb 20231419775.112.47$1,537
Jan 20231831,33476.533.39$18,524
Dec 202291576.415.73$774
Nov 202211090185.005.65$14,437
Oct 20225724,38187.185.86$75,556
Sep 20229188,79984.888.16$149,752
Aug 20226767,09094.529.13$128,607
Jul 20225667,690101.587.54$115,493
Jun 20225507,655115.097.98$124,365
May 20226007,819109.378.43$131,560
Apr 20225627,150104.226.84$107,460
Mar 20226537,977108.885.08$111,593
Feb 20225426,99791.054.86$83,346
Jan 20225727,85681.844.54$82,460
Dec 20217088,21071.323.90$82,506
Nov 20215207,86977.435.24$81,472
Oct 20215568,30379.795.71$91,806
Sep 20215978,22069.865.35$85,691
Aug 20214278,59166.024.22$64,450
Jul 20213604,60670.783.98$43,822
Jun 20214576,99669.493.38$55,408
May 20214876,76563.483.02$51,329
Apr 20215456,20260.362.76$50,004
Mar 20216078,42361.302.72$60,094
Feb 20214595,39257.805.55$56,445
Jan 20216128,03050.412.81$53,417
Dec 20206818,34344.642.68$52,721
Nov 20206318,18438.772.71$46,614
Oct 20206448,52236.972.48$44,930
Sep 20206218,37637.091.99$39,710
Aug 20206438,74239.982.39$46,558
Jul 20206258,69338.371.83$39,847
Jun 20206228,85634.901.69$36,677
May 202073010,72616.921.81$31,817
Apr 20206578,72614.751.80$25,436
Mar 20207329,63830.341.86$40,099
Feb 20206609,13249.881.98$51,008
Jan 20207409,75757.252.09$62,803
Dec 201980410,62959.012.30$71,937
Nov 20197459,53955.302.75$67,437
Oct 20195677,85053.472.42$49,303
Sep 20198588,18955.052.66$68,993
Aug 20198778,54253.112.30$66,261
Jul 20198988,71656.272.46$71,972
Jun 20198888,51152.782.49$68,071
May 20199258,86658.482.74$78,390
Apr 20198728,28962.632.75$77,414
Mar 20199488,87556.803.06$81,023
Feb 20198927,81550.852.79$67,179
Jan 20191,0008,60146.033.23$73,796
Dec 20181,0919,39846.594.19$90,164
Nov 20181,1109,57752.934.24$99,332
Oct 20181,20610,75361.443.40$110,636
Sep 20181,18410,33259.543.11$102,607
Aug 20181,15410,08959.403.07$99,486
Jul 20181,0989,87365.142.93$100,470
Jun 20181,20210,30460.183.08$104,041
May 20181,29910,78565.382.90$116,214
Apr 20181,25410,55563.842.90$110,673
Mar 20181,32610,10161.222.79$109,328
Feb 20181,26510,08861.782.77$106,056
Jan 20181,40410,79462.874.01$131,546
Dec 20171,30510,36657.272.92$105,022
Nov 20171,24010,81655.423.12$102,449
Oct 20171,28011,35849.292.98$96,980
Sep 20171,28411,39847.523.09$96,205
Aug 20171,18610,76845.373.00$86,160
Jul 20171,34512,15343.873.09$96,525
Jun 20171,37511,88242.493.09$95,107
May 20171,41611,62845.373.26$102,191
Apr 20171,39611,53547.933.21$103,956
Mar 20171,53612,52846.772.98$109,218
Feb 20171,44711,68850.452.95$107,511
Jan 20171,64013,91649.413.42$128,608
Dec 20161,76814,87448.763.72$141,581
Nov 20161,82815,35942.492.64$118,286
Oct 20162,01316,93646.193.09$145,317
Sep 20162,07617,38241.553.10$140,153
Aug 20162,19718,69641.442.92$145,717
Jul 20162,24119,64041.622.92$150,704
Jun 20162,33719,79245.352.69$159,141
May 20162,41920,80242.521.99$144,273
Apr 20162,55621,03736.561.99$135,333
Mar 20162,75123,06533.011.79$132,189
Feb 20162,58119,47526.472.06$108,508
Jan 20163,10520,99127.352.36$134,552
Dec 20153,33822,12232.362.00$152,293
Nov 20153,42622,64338.792.17$181,969
Oct 20153,76124,66343.552.43$223,638
Sep 20153,94025,78842.992.76$240,515
Aug 20154,44928,55240.162.87$260,687
Jul 20154,78429,14048.152.95$316,169
Jun 20155,07630,48656.152.88$372,904
May 20156,25736,10255.212.96$452,147
Apr 20155,04626,87349.822.71$324,125
Mar 20157,41543,19142.892.93$444,782
Feb 20157,83041,12944.662.98$472,096
Jan 201510,22553,00143.433.10$608,408
Dec 201412,11761,00354.693.59$881,762
Nov 201413,50166,49070.464.25$1,233,985
Oct 201415,76176,64078.303.90$1,533,056
Sep 20149,87345,74386.164.05$1,035,708
Aug 20146,23226,93489.394.04$665,760

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 2024 — as filed, then multipliedworked
Condensate             7 bbl  × $ 73.02 =       $511
Gas                   57 Mcf  × $  3.30 =       $188

────────────────────────────────────────────────────
Month total                                     $699

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/278973 is the state's own key, not one this site invented.