KRANER UNIT A AC

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

Gas lease lease 279046District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Dec 2014 – May 2026
Value, last 12 filed months
$409 k
at the published price for each month
Months reported
138
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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 Gas112017-02-21219547
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
CondensateDisposition113,720 bbl$5,540,647
GasProduction1,833,248 Mcf$5,202,894
Total$10,743,541

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 28.7552, -97.9508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75520, -97.95077 · 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
12,707 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 12,707 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-255339262H12,707 ftDec 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 (138)

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

138 months

May 2026363,243106.413.05$13,708
Apr 20266061,93798.932.87$65,510
Mar 20262093,02289.753.15$28,275
Feb 202677363.503.75$718
Jan 202697959.138.00$1,164
Dec 20255056.664.41$283
Nov 20252261,92258.593.93$20,788
Oct 202513917459.383.30$8,829
Sep 20251,82215962.743.08$114,802
Aug 20259278163.933.01$59,507
Jul 20251,0699266.743.32$71,650
Jun 20253593166.483.13$23,963
May 20256836260.553.23$41,556
Apr 20251481262.363.54$9,272
Mar 20256645667.704.27$45,192
Feb 2025119970.884.34$8,474
Jan 20252803,53274.324.28$35,922
Dec 20242303,61068.993.12$27,136
Nov 20242233,36269.052.20$22,789
Oct 20242905,12771.372.28$32,394
Sep 20244395,55669.612.36$43,695
Aug 20242566,33075.632.06$32,424
Jul 20242626,94379.932.15$35,845
Jun 20242906,20578.082.63$38,987
May 20242866,64278.812.20$37,142
Apr 20241052,44884.451.66$12,929
Mar 2024901,82780.301.55$10,050
Feb 20241392,91876.091.78$15,781
Jan 20243583,47473.023.30$37,597
Dec 20231832,12471.262.61$18,586
Nov 20231312,34877.892.81$16,796
Oct 2023962,70685.443.09$16,556
Sep 20231002,87089.042.74$16,754
Aug 2023862,83080.522.67$14,489
Jul 2023952,85974.852.64$14,664
Jun 2023642,26368.962.26$9,524
May 2023832,55370.622.23$11,548
Apr 2023362,22378.122.24$7,787
Mar 2023477772.852.39$2,151
Feb 20233033375.112.47$3,074
Jan 2023330576.533.39$1,263
Dec 2022136076.415.73$2,139
Nov 2022331785.005.65$2,045
Oct 2022330887.185.86$2,068
Sep 2022228184.888.16$2,464
Aug 2022013394.529.13$1,214
Jul 2022090101.587.54$679
Jun 20220128115.097.98$1,021
May 20223349109.378.43$3,271
Apr 202214555104.226.84$5,254
Mar 202227,875108.885.08$40,194
Feb 202297,29391.054.86$36,255
Jan 2022268,71281.844.54$41,660
Dec 2021105,72971.323.90$23,051
Nov 2021018777.435.24$979
Oct 2021710,21879.795.71$58,943
Sep 20212106,92169.865.35$51,704
Aug 20212193,34766.024.22$28,585
Jul 20214876,83470.783.98$61,683
Jun 20211431,82669.493.38$16,110
May 202109063.483.02$272
Apr 2021019460.362.76$535
Mar 20212923961.302.72$18,006
Feb 202154157.805.55$516
Jan 202125712650.412.81$13,309
Dec 202045233644.642.68$21,076
Nov 202018121838.772.71$7,607
Oct 20209144136.972.48$4,457
Sep 202029747537.091.99$11,961
Aug 202039512,73839.982.39$46,174
Jul 202017814,32238.371.83$32,969
Jun 20203269,38934.901.69$27,248
May 20202155,96016.921.81$14,454
Apr 20203057,61514.751.80$18,239
Mar 202025316,06730.341.86$37,500
Feb 20207913,35649.881.98$30,394
Jan 20202037,87857.252.09$28,124
Dec 20191316,96259.012.30$23,773
Nov 20191817,54255.302.75$30,755
Oct 20191717,21953.472.42$26,603
Sep 20192127,20155.052.66$30,806
Aug 201933115,66953.112.30$53,686
Jul 201950918,05256.272.46$73,050
Jun 201938716,36652.782.49$61,197
May 201952916,29758.482.74$75,595
Apr 201949021,56662.632.75$90,010
Mar 201950915,75956.803.06$77,167
Feb 201938513,18950.852.79$56,404
Jan 20193428,89946.033.23$44,470
Dec 20182706,46646.594.19$39,642
Nov 20182924,28052.934.24$33,591
Oct 20181696,00561.443.40$30,789
Sep 20183398,72959.543.11$47,314
Aug 201830510,92559.403.07$51,619
Jul 20181865,77365.142.93$29,042
Jun 20183016,56060.183.08$38,299
May 20183507,09965.382.90$43,476
Apr 20184307,55163.842.90$49,355
Mar 20183425,85761.222.79$37,260
Feb 20182835,78161.782.77$33,475
Jan 20183687,07462.874.01$51,498
Dec 20174668,44957.272.92$51,372
Nov 20175439,46955.423.12$59,621
Oct 201743610,32949.292.98$52,309
Sep 201753913,59747.523.09$67,591
Aug 20172738,27845.373.00$37,256
Jul 20175479,04043.873.09$51,906
Jun 20174438,82442.493.09$46,065
May 20173969,60245.373.26$49,302
Apr 201760511,15947.933.21$64,836
Mar 201751313,17146.772.98$63,291
Feb 201754310,87650.452.95$59,507
Jan 201763214,18549.413.42$79,723
Dec 201657217,35348.763.72$92,493
Nov 201669118,00342.492.64$76,967
Oct 201677019,60946.193.09$96,163
Sep 201677120,73441.553.10$96,324
Aug 201684729,09141.442.92$120,172
Jul 20161,13030,10741.622.92$135,074
Jun 20161,32529,43245.352.69$139,138
May 20161,69332,28642.521.99$136,269
Apr 20161,49333,57736.561.99$121,437
Mar 20161,63237,60733.011.79$121,340
Feb 20161,64734,80726.472.06$115,425
Jan 20161,78618,36827.352.36$92,276
Dec 20152,57436,13832.362.00$155,622
Nov 20152,75140,62238.792.17$194,753
Oct 20153,05946,15443.552.43$245,216
Sep 20153,44952,25642.992.76$292,417
Aug 20153,79462,76340.162.87$332,653
Jul 20154,31162,38048.152.95$391,289
Jun 20154,59966,97956.152.88$451,325
May 20155,85277,13155.212.96$551,046
Apr 20156,71481,65849.822.71$555,505
Mar 20157,38688,34642.892.93$576,055
Feb 20158,17696,89544.662.98$653,518
Jan 20159,816103,69143.433.10$747,816
Dec 20147,27989,59654.693.59$719,860

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            36 bbl  × $106.41 =     $3,831
Gas                3,243 Mcf  × $  3.05 =     $9,878

────────────────────────────────────────────────────
Month total                                  $13,708

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/279046 is the state's own key, not one this site invented.