KENNEDY

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 279729District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Dec 2015 – May 2026
Value, last 12 filed months
$252 k
at the published price for each month
Months reported
126
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 Gas112017-04-12220223
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
CondensateDisposition136,294 bbl$6,072,177
GasProduction891,766 Mcf$2,434,525
Total$8,506,702

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 28.7485, -98.0202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74852, -98.02021 · 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
12,212 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 12,212 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-255343159H12,212 ftDec 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 (126)

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

126 months

May 20263011,153106.413.05$35,541
Apr 20263191,01398.932.87$34,466
Mar 20263371,13189.753.15$33,808
Feb 20263201,02963.503.75$24,179
Jan 202612030159.138.00$9,503
Dec 20253531,12256.664.41$24,953
Nov 20250058.593.93$0
Oct 20253059.383.30$178
Sep 20254213762.743.08$3,057
Aug 20253331,81963.933.01$26,773
Jul 20253681,97066.743.32$31,091
Jun 20253441,67366.483.13$28,103
May 202513878860.553.23$10,903
Apr 20253741,93362.363.54$30,171
Mar 20254082,02767.704.27$36,273
Feb 20253921,83670.884.34$35,755
Jan 20254592,05374.324.28$42,897
Dec 20244932,33468.993.12$41,297
Nov 20244681,83769.052.20$36,354
Oct 20245672,52171.372.28$46,218
Sep 20246132,77569.612.36$49,232
Aug 20244951,95675.632.06$41,473
Jul 20242631,13479.932.15$23,456
Jun 20248553,51978.082.63$76,027
May 20241,3014,17278.812.20$111,704
Apr 202439099684.451.66$34,588
Mar 20241951,56980.301.55$18,083
Feb 20242361,74376.091.78$21,066
Jan 20242421,63973.023.30$23,076
Dec 20232472,06371.262.61$22,987
Nov 20232141,78877.892.81$21,688
Oct 20231941,78685.443.09$22,089
Sep 20231811,97689.042.74$21,521
Aug 20232032,49780.522.67$23,020
Jul 20232182,81874.852.64$23,762
Jun 20232251,36468.962.26$18,597
May 20232121,23770.622.23$17,727
Apr 20231871,01778.122.24$16,884
Mar 20232111,19772.852.39$18,236
Feb 20232681,34575.112.47$23,446
Jan 20232731,29276.533.39$25,270
Dec 20222801,42576.415.73$29,559
Nov 20223161,76085.005.65$36,797
Oct 20223411,93687.185.86$41,081
Sep 20224662,46784.888.16$59,694
Aug 20226002,27294.529.13$77,449
Jul 20222461,094101.587.54$33,240
Jun 20227871,324115.097.98$101,138
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019603246.033.23$2,865
Dec 20181,3453,52946.594.19$77,434
Nov 20187096,69952.934.24$65,913
Oct 20187688,22261.443.40$75,125
Sep 20187997,88459.543.11$72,076
Aug 20188699,08059.403.07$79,463
Jul 20188739,48465.142.93$84,673
Jun 20188919,70060.183.08$83,467
May 201897410,30465.382.90$93,570
Apr 20189639,18363.842.90$88,116
Mar 20181,0749,78661.222.79$93,022
Feb 20189468,27461.782.77$81,331
Jan 20188327,19262.874.01$81,143
Dec 20171,18710,96257.272.92$100,005
Nov 20171,29510,52055.423.12$104,574
Oct 20171,50213,63249.292.98$114,707
Sep 20171,36013,80047.523.09$107,232
Aug 20171,21712,14745.373.00$91,710
Jul 20171,66616,08043.873.09$122,731
Jun 20171,56913,65042.493.09$108,808
May 20172,05019,16345.373.26$155,545
Apr 20172,05419,15747.933.21$159,973
Mar 20171,98518,22146.772.98$147,204
Feb 20172,08617,86750.452.95$157,993
Jan 20172,54717,07349.413.42$184,216
Dec 20163,18522,40748.763.72$238,718
Nov 20163,00423,75242.492.64$190,449
Oct 20163,11523,07846.193.09$215,199
Sep 20165,13132,67041.553.10$314,491
Aug 20162,81318,62241.442.92$171,028
Jul 20164,95834,80441.622.92$308,131
Jun 20165,69838,10445.352.69$360,745
May 20166,97046,13542.521.99$388,221
Apr 20167,92649,97636.561.99$389,279
Mar 20169,77157,37733.011.79$425,476
Feb 201611,25866,08526.472.06$434,374
Jan 201616,66679,88027.352.36$644,680
Dec 20157,78038,39732.362.00$328,609

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           301 bbl  × $106.41 =    $32,029
Gas                1,153 Mcf  × $  3.05 =     $3,512

────────────────────────────────────────────────────
Month total                                  $35,541

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/279729 is the state's own key, not one this site invented.