FORSHAGE-HOWELL UNIT 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 279126District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Nov 2015 – May 2026
Value, last 12 filed months
$459 k
at the published price for each month
Months reported
127
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 Gas112017-06-12220210
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
CondensateDisposition128,906 bbl$6,006,996
GasProduction1,548,709 Mcf$4,569,029
Total$10,576,025

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 28.7481, -97.9816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74814, -97.98156 · 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
12,434 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 12,434 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-2553469812H12,434 ftNov 2015

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 (127)

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

127 months

May 20263514,537106.413.05$51,169
Apr 20263614,28498.932.87$48,008
Mar 20264274,47989.753.15$52,430
Feb 20263894,45263.503.75$41,398
Jan 20263394,86059.138.00$58,915
Dec 20253784,38756.664.41$40,779
Nov 20253475,06758.593.93$40,226
Oct 20253324,81959.383.30$35,640
Sep 20252853,68962.743.08$29,232
Aug 20252083,39263.933.01$23,524
Jul 20251172,96966.743.32$17,651
Jun 20251702,94766.483.13$20,522
May 20251362,97760.553.23$17,857
Apr 20251853,86562.363.54$25,231
Mar 20252574,05367.704.27$34,698
Feb 20251413,09070.884.34$23,407
Jan 20251023,30274.324.28$21,709
Dec 20243216,43468.993.12$42,229
Nov 2024571,82869.052.20$7,955
Oct 20242277471.372.28$3,336
Sep 20242338369.612.36$2,507
Aug 20241003,69275.632.06$15,182
Jul 20241053,90679.932.15$16,777
Jun 20241043,68778.082.63$17,832
May 20242194,62078.812.20$27,416
Apr 20242814,68484.451.66$31,502
Mar 20242014,52180.301.55$23,126
Feb 20241494,17576.091.78$18,784
Jan 20242675,57973.023.30$37,894
Dec 20233996,98271.262.61$46,661
Nov 20232955,30377.892.81$37,866
Oct 20232718,23685.443.09$48,581
Sep 20231332,55889.042.74$18,839
Aug 202312938980.522.67$11,427
Jul 20233529174.852.64$3,389
Jun 20231581,20968.962.26$13,626
May 20232634,90270.622.23$29,492
Apr 20232556,60478.122.24$34,699
Mar 20233464,24672.852.39$35,367
Feb 20232624,78175.112.47$31,467
Jan 20232575,08376.533.39$36,888
Dec 20222916,35376.415.73$58,632
Nov 20223576,39385.005.65$66,441
Oct 20223777,33487.185.86$75,872
Sep 20224267,24384.888.16$95,288
Aug 20222996,87894.529.13$91,038
Jul 20222416,849101.587.54$76,136
Jun 20223096,193115.097.98$84,966
May 20223366,806109.378.43$94,144
Apr 20222653,457104.226.84$51,256
Mar 202248710,533108.885.08$106,494
Feb 20221471,98491.054.86$23,024
Jan 20224758,89181.844.54$79,219
Dec 202147910,21371.323.90$73,984
Nov 20212092,88977.435.24$31,312
Oct 20214446,55779.795.71$72,893
Sep 20211765,59669.865.35$42,239
Aug 20214207,52566.024.22$59,488
Jul 20214297,26070.783.98$59,275
Jun 20214288,19969.493.38$57,459
May 20213949,44863.483.02$53,522
Apr 20214348,70760.362.76$50,214
Mar 20214686,62861.302.72$46,696
Feb 20213365,73557.805.55$51,238
Jan 20214757,14350.412.81$44,019
Dec 20204607,25744.642.68$39,950
Nov 20204526,95838.772.71$36,356
Oct 20204367,04536.972.48$33,579
Sep 20204687,58837.091.99$32,466
Aug 20205077,98239.982.39$39,308
Jul 20205838,85038.371.83$38,522
Jun 202072110,05934.901.69$42,166
May 202072910,27916.921.81$30,989
Apr 20205929,99414.751.80$26,765
Mar 20206779,96930.341.86$39,045
Feb 20204746,62549.881.98$36,765
Jan 20208379,42857.252.09$67,667
Dec 20197879,75459.012.30$68,918
Nov 20196558,57455.302.75$59,806
Oct 20196199,06553.472.42$55,022
Sep 20196559,09555.052.66$60,226
Aug 201966310,56453.112.30$59,555
Jul 201973410,47756.272.46$67,076
Jun 201978811,08452.782.49$69,203
May 20191,17616,70658.482.74$114,552
Apr 201968514,09462.632.75$81,670
Mar 201984815,16056.803.06$94,588
Feb 20191,06319,17650.852.79$107,597
Jan 20196157,76946.033.23$53,388
Dec 201896215,37646.594.19$109,175
Nov 201889916,51152.934.24$117,545
Oct 20186667,76561.443.40$67,305
Sep 201874612,54859.543.11$83,416
Aug 201884413,83659.403.07$92,563
Jul 201886714,33165.142.93$98,493
Jun 201891313,55160.183.08$96,640
May 201894514,78465.382.90$104,670
Apr 201893314,82563.842.90$102,567
Mar 20181,05115,24461.222.79$106,825
Feb 20181,00514,82961.782.77$103,108
Jan 20181,07716,64662.874.01$134,450
Dec 20171,10816,70157.272.92$112,247
Nov 20171,05316,37455.423.12$109,417
Oct 20171,17818,48849.292.98$113,226
Sep 20171,00714,82247.523.09$93,612
Aug 201799015,05645.373.00$90,151
Jul 20171,44321,62743.873.09$130,073
Jun 20171,64019,94642.493.09$131,262
May 20172,00621,83245.373.26$162,259
Apr 20172,12823,18147.933.21$176,443
Mar 20171,32814,97746.772.98$106,797
Feb 20171,90120,92350.452.95$157,683
Jan 20172,06724,77749.413.42$186,838
Dec 20161,44915,87148.763.72$129,738
Nov 20161912,12042.492.64$13,722
Oct 20162,43532,42346.193.09$212,668
Sep 20162,43926,55341.553.10$183,671
Aug 20162,33123,20641.442.92$164,459
Jul 20162,79429,77841.622.92$203,367
Jun 20163,42131,99945.352.69$241,086
May 20164,50539,87542.521.99$270,945
Apr 20165,18644,85336.561.99$278,904
Mar 20166,31754,21133.011.79$305,779
Feb 20167,24959,22126.472.06$314,091
Jan 20167,97169,07027.352.36$381,313
Dec 20159,92183,49132.362.00$488,143
Nov 20159,83766,68638.792.17$526,108

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           351 bbl  × $106.41 =    $37,350
Gas                4,537 Mcf  × $  3.05 =    $13,819

────────────────────────────────────────────────────
Month total                                  $51,169

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/279126 is the state's own key, not one this site invented.