LUNA 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 279823District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Oct 2015 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
128
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 Gas112017-02-21219522
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
CondensateDisposition95,601 bbl$4,430,123
GasProduction325,785 Mcf$892,396
Total$5,322,519

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 28.8105, -97.9638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81051, -97.96377 · 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
12,106 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 12,106 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-2553451710H12,106 ftOct 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 (128)

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

128 months

May 2026130401106.413.05$15,055
Apr 202616048498.932.87$17,218
Mar 202619627389.753.15$18,451
Feb 202616729863.503.75$11,722
Jan 202620444759.138.00$15,638
Dec 202515836656.664.41$10,568
Nov 202529348258.593.93$19,059
Oct 202554746159.383.30$34,004
Sep 202537239962.743.08$24,567
Aug 202523344663.933.01$16,240
Jul 202510816166.743.32$7,742
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 202414384.451.66$1,187
Mar 202441980.301.55$3,306
Feb 20248656576.091.78$7,552
Jan 202415739573.023.30$12,767
Dec 202317135271.262.61$13,104
Nov 202319036977.892.81$15,835
Oct 202323841885.443.09$21,625
Sep 202324537289.042.74$22,832
Aug 202321138580.522.67$18,019
Jul 20238549574.852.64$7,670
Jun 202317333668.962.26$12,689
May 202325146970.622.23$18,770
Apr 202314067378.122.24$12,443
Mar 202321471272.852.39$17,294
Feb 202335768975.112.47$28,513
Jan 202319738576.533.39$16,381
Dec 20224101,17876.415.73$38,077
Nov 20222691,01585.005.65$28,596
Oct 202231986887.185.86$32,900
Sep 202225194484.888.16$29,011
Aug 202215691994.529.13$23,133
Jul 20221661,053101.587.54$24,804
Jun 2022156873115.097.98$24,918
May 2022167884109.378.43$25,720
Apr 20221581,158104.226.84$24,385
Mar 2022204808108.885.08$26,313
Feb 202226282091.054.86$27,839
Jan 202235486881.844.54$32,910
Dec 202133574771.323.90$26,805
Nov 202142466277.435.24$36,297
Oct 202118011979.795.71$15,042
Sep 20214069.865.35$279
Aug 202120556266.024.22$15,906
Jul 202143268870.783.98$33,317
Jun 202120158969.493.38$15,959
May 202128966063.483.02$20,337
Apr 202125147460.362.76$16,458
Mar 202128855761.302.72$19,168
Feb 20212411,33157.805.55$21,314
Jan 202119633750.412.81$10,827
Dec 202061585344.642.68$29,736
Nov 202015438.772.71$592
Oct 20200036.972.48$0
Sep 20207037.091.99$260
Aug 202032883039.982.39$15,093
Jul 20206041,10438.371.83$25,190
Jun 20205511,38234.901.69$21,566
May 20204251,31816.921.81$9,583
Apr 20204981,46514.751.80$9,989
Mar 20205631,41630.341.86$19,710
Feb 202025773149.881.98$14,267
Jan 20203621,38357.252.09$23,622
Dec 201921666159.012.30$14,269
Nov 201914260155.302.75$9,506
Oct 201911242253.472.42$7,009
Sep 201914563855.052.66$9,678
Aug 201916163653.112.30$10,016
Jul 201921263256.272.46$13,484
Jun 201928150752.782.49$16,094
May 201925595658.482.74$17,532
Apr 201977080362.632.75$50,434
Mar 20197271,04756.803.06$44,500
Feb 20196631,04550.852.79$36,631
Jan 20197411,65046.033.23$39,435
Dec 20187991,88146.594.19$45,098
Nov 20183,0096,52652.934.24$186,919
Oct 20181,0252,03361.443.40$69,884
Sep 20188081,40259.543.11$52,466
Aug 20187541,87459.403.07$50,534
Jul 20187782,16365.142.93$57,021
Jun 20186932,31060.183.08$48,812
May 20188022,68265.382.90$60,215
Apr 20186681,80763.842.90$47,887
Mar 20188412,14061.222.79$57,450
Feb 20186832,08961.782.77$47,974
Jan 20189422,38562.874.01$68,786
Dec 20178242,72157.272.92$55,140
Nov 20179013,18455.423.12$59,862
Oct 20178273,19849.292.98$50,305
Sep 20177773,77047.523.09$48,562
Aug 20176082,78345.373.00$35,946
Jul 20178343,79443.873.09$48,301
Jun 20178453,90542.493.09$47,960
May 20179443,99945.373.26$55,880
Apr 20171,1243,80147.933.21$66,081
Mar 20171,1584,54646.772.98$67,723
Feb 20171,0634,30050.452.95$66,325
Jan 20171,2284,46849.413.42$75,951
Dec 20161,0474,15648.763.72$66,524
Nov 20169485,22642.492.64$54,100
Oct 20161,0556,18346.193.09$67,838
Sep 20161,2106,70941.553.10$71,078
Aug 20161,8668,24041.442.92$101,424
Jul 20162,7399,59341.622.92$142,050
Jun 20163,98310,17745.352.69$207,963
May 20162,88311,14942.521.99$144,783
Apr 20162,55413,32536.561.99$119,905
Mar 20163,18117,17833.011.79$135,822
Feb 20163,60019,48926.472.06$135,510
Jan 20166,04723,38227.352.36$220,669
Dec 20157,92325,83132.362.00$308,087
Nov 20159,62629,63838.792.17$437,628
Oct 20154,09812,70543.552.43$209,298

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           130 bbl  × $106.41 =    $13,833
Gas                  401 Mcf  × $  3.05 =     $1,221

────────────────────────────────────────────────────
Month total                                  $15,055

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/279823 is the state's own key, not one this site invented.