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 279825District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Oct 2015 – May 2026
Value, last 12 filed months
$325 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 Gas112017-02-21219523
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
CondensateDisposition122,683 bbl$6,124,602
GasProduction470,412 Mcf$1,391,869
Total$7,516,471

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 28.8100, -97.9647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81004, -97.96475 · 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
12,121 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 12,121 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-2553451611H12,121 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 2026231509106.413.05$26,131
Apr 202633355298.932.87$34,528
Mar 202642128189.753.15$38,670
Feb 202622122963.503.75$14,892
Jan 202623133159.138.00$16,306
Dec 202521770556.664.41$15,407
Nov 202555773358.593.93$35,513
Oct 202574171559.383.30$46,364
Sep 202529873262.743.08$20,949
Aug 202531186563.933.01$22,490
Jul 20253871,13266.743.32$29,581
Jun 20253171,09966.483.13$24,513
May 20253061,09660.553.23$22,071
Apr 20252851,09362.363.54$21,645
Mar 20253491,07467.704.27$28,211
Feb 202516063270.884.34$14,084
Jan 20252213874.324.28$16,587
Dec 20242901,00868.993.12$23,153
Nov 202430092769.052.20$22,753
Oct 20243591,09071.372.28$28,109
Sep 202428995569.612.36$22,375
Aug 202429879775.632.06$24,182
Jul 202449794879.932.15$41,760
Jun 20242971,11678.082.63$26,129
May 20243691,09078.812.20$31,477
Apr 20243301,12784.451.66$29,738
Mar 20243391,07480.301.55$28,881
Feb 202416953376.091.78$13,810
Jan 202418251673.023.30$14,991
Dec 202321178471.262.61$17,083
Nov 202321380677.892.81$18,853
Oct 20232121,05285.443.09$21,361
Sep 20232081,68789.042.74$23,134
Aug 20232072,14880.522.67$22,409
Jul 20232381,49074.852.64$21,751
Jun 202324777968.962.26$18,792
May 202313871170.622.23$11,329
Apr 202313477478.122.24$12,200
Mar 202318682972.852.39$15,534
Feb 20235281,06375.112.47$42,279
Jan 202323764076.533.39$20,306
Dec 202248354076.415.73$40,000
Nov 20224392,30885.005.65$50,346
Oct 20226021,70587.185.86$62,480
Sep 20225802,87384.888.16$72,685
Aug 20227262,32294.529.13$89,815
Jul 20226453,195101.587.54$89,616
Jun 20225812,705115.097.98$88,446
May 20225182,387109.378.43$76,783
Apr 20224232,236104.226.84$59,374
Mar 20222321,505108.885.08$32,900
Feb 20222481,56591.054.86$30,184
Jan 20223342,07281.844.54$36,737
Dec 20213702,18871.323.90$34,920
Nov 20214012,28577.435.24$43,016
Oct 20215412,48179.795.71$57,343
Sep 20214862,48969.865.35$47,270
Aug 20215482,75466.024.22$47,802
Jul 20215732,78070.783.98$51,627
Jun 20219786,75869.493.38$90,807
May 20219067,47563.483.02$80,070
Apr 202155615,56660.362.76$76,498
Mar 202190611,23961.302.72$86,073
Feb 202134410,12757.805.55$76,067
Jan 20212952,49450.412.81$21,880
Dec 20207103,55244.642.68$41,198
Nov 20201,1499,47138.772.71$70,181
Oct 20201,0201,76536.972.48$42,084
Sep 20201,2518,42737.091.99$63,178
Aug 20201,6473,25039.982.39$73,599
Jul 20207782,45638.371.83$34,334
Jun 20204642,12234.901.69$19,780
May 20206212,23516.921.81$14,563
Apr 20208442,22414.751.80$16,462
Mar 20206622,67230.341.86$25,045
Feb 20206932,64549.881.98$39,806
Jan 202038175857.252.09$23,400
Dec 20195691,62059.012.30$37,310
Nov 20195801,34855.302.75$35,782
Oct 20195771,07053.472.42$33,440
Sep 201933487155.052.66$20,701
Aug 201951692353.112.30$29,532
Jul 201945794856.272.46$28,048
Jun 20194981,02452.782.49$28,835
May 20194781,37258.482.74$31,713
Apr 201961074162.632.75$40,243
Mar 20197671,30556.803.06$47,562
Feb 20197411,28650.852.79$41,271
Jan 20198301,48546.033.23$42,999
Dec 20188731,35846.594.19$46,357
Nov 20181,4592,36052.934.24$87,225
Oct 20181,1632,15461.443.40$78,774
Sep 20181,2982,39159.543.11$84,714
Aug 20181,0502,88359.403.07$71,211
Jul 20187282,28765.142.93$54,127
Jun 20181,0081,85560.183.08$66,369
May 20181,0282,77465.382.90$75,257
Apr 20189652,80363.842.90$69,737
Mar 20181,5903,01761.222.79$105,748
Feb 20189372,99461.782.77$66,170
Jan 20181,3803,25462.874.01$99,807
Dec 20171,1513,19857.272.92$75,261
Nov 20171,0193,85655.423.12$68,497
Oct 20179803,66049.292.98$59,224
Sep 20179564,63747.523.09$59,745
Aug 20177922,78545.373.00$44,300
Jul 20171,1153,62543.873.09$60,106
Jun 20171,1043,78842.493.09$58,604
May 20171,1313,83645.373.26$63,832
Apr 20171,3304,16347.933.21$77,117
Mar 20171,4335,39346.772.98$83,112
Feb 20171,3044,84350.452.95$80,086
Jan 20171,5645,96249.413.42$97,660
Dec 20161,4105,78148.763.72$90,273
Nov 20161,4086,43842.492.64$76,850
Oct 20161,4247,37746.193.09$88,571
Sep 20161,5367,47441.553.10$86,995
Aug 20162,0428,13441.442.92$108,407
Jul 20162,5619,18241.622.92$133,440
Jun 20163,2239,83945.352.69$172,589
May 20162,70910,90542.521.99$136,899
Apr 20162,97111,75236.561.99$132,018
Mar 20164,26119,73833.011.79$176,066
Feb 20162,13717,62326.472.06$92,934
Jan 20165,21421,47127.352.36$193,368
Dec 20158,13624,54932.362.00$312,414
Nov 20159,84630,77838.792.17$448,632
Oct 20154,49114,11643.552.43$229,837

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           231 bbl  × $106.41 =    $24,581
Gas                  509 Mcf  × $  3.05 =     $1,550

────────────────────────────────────────────────────
Month total                                  $26,131

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/279825 is the state's own key, not one this site invented.