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BAILEY-RETZLOFF 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 280030District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Nov 2015 – May 2026
Value, last 12 filed months
$263 k
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (AUSTIN CHALK) field

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 Gas112017-06-12220100
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
CondensateDisposition111,380 bbl$4,953,632
GasProduction807,356 Mcf$2,148,660
Total$7,102,291

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 28.7838, -97.9877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78380, -97.98771 · 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
12,105 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 12,105 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-2553449510H12,105 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 20262282,297106.413.05$31,258
Apr 20263023,00798.932.87$38,506
Mar 20263542,12989.753.15$38,477
Feb 20263362,32263.503.75$30,044
Jan 202624259.138.00$1,435
Dec 202597956.664.41$5,536
Nov 202532358.593.93$1,887
Oct 202511572759.383.30$9,231
Sep 20252322,53062.743.08$22,340
Aug 20253233,25063.933.01$30,447
Jul 20252941,96466.743.32$26,133
Jun 20253351,57966.483.13$27,211
May 20254201,86460.553.23$31,456
Apr 20252523262.363.54$15,828
Mar 20252623467.704.27$17,883
Feb 202525040470.884.34$19,474
Jan 20251582174.324.28$11,832
Dec 202410168.993.12$693
Nov 202418169.052.20$1,245
Oct 20245951,69371.372.28$46,328
Sep 20244954,01769.612.36$43,955
Aug 20248674,19375.632.06$74,224
Jul 20243775779.932.15$30,256
Jun 20245921,72478.082.63$50,764
May 20248873,78678.812.20$78,228
Apr 20246692,54984.451.66$60,726
Mar 20248971,66780.301.55$74,605
Feb 20246761,14176.091.78$53,472
Jan 202447432773.023.30$35,690
Dec 20235731,67371.262.61$45,200
Nov 20232221,16377.892.81$20,557
Oct 202314282085.443.09$14,664
Sep 20232271,59089.042.74$24,561
Aug 2023126180.522.67$1,129
Jul 20230074.852.64$0
Jun 20231068.962.26$69
May 20237666770.622.23$6,853
Apr 20232811,83778.122.24$26,062
Mar 202317376572.852.39$14,434
Feb 20232381,42275.112.47$21,382
Jan 202320495576.533.39$18,847
Dec 20222765,35076.415.73$51,740
Nov 20224808,47385.005.65$88,640
Oct 20223453,76887.185.86$52,172
Sep 20224173,51984.888.16$64,123
Aug 20222542,03594.529.13$42,582
Jul 2022141607101.587.54$18,901
Jun 2022143635115.097.98$21,523
May 2022155496109.378.43$21,135
Apr 2022150835104.226.84$21,342
Mar 20221451,302108.885.08$22,397
Feb 20221291,21091.054.86$17,625
Jan 20221421,06881.844.54$16,468
Dec 20211261,14671.323.90$13,455
Nov 202114497277.435.24$16,240
Oct 20212211,84479.795.71$28,170
Sep 20212101,77569.865.35$24,168
Aug 20212042,33566.024.22$23,323
Jul 2021222770.783.98$1,045
Jun 2021745069.493.38$2,008
May 2021641,57263.483.02$8,807
Apr 20211443,19560.362.76$17,505
Mar 20211462,19361.302.72$14,908
Feb 20212710857.805.55$2,160
Jan 20217677950.412.81$6,020
Dec 20201733,37044.642.68$16,739
Nov 20202704,54838.772.71$22,777
Oct 20202793,36836.972.48$18,662
Sep 20202744,85737.091.99$19,833
Aug 20202315,01339.982.39$21,192
Jul 20204558,68738.371.83$33,313
Jun 20204196,23934.901.69$25,169
May 20204296,27716.921.81$18,650
Apr 20201991,97014.751.80$6,490
Mar 20201363,12230.341.86$9,921
Feb 20202003,11049.881.98$16,136
Jan 20202801,92757.252.09$20,067
Dec 20192052,07759.012.30$16,883
Nov 20192441,86055.302.75$18,610
Oct 20192513,23153.472.42$21,235
Sep 20192225655.052.66$1,891
Aug 20192752853.112.30$2,651
Jul 201914077256.272.46$9,777
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20193056.803.06$170
Feb 201910350550.852.79$6,648
Jan 20195608,95246.033.23$54,675
Dec 20184558,32646.594.19$56,046
Nov 20183704,74252.934.24$39,677
Oct 20184235,27461.443.40$43,911
Sep 20184125,25659.543.11$40,866
Aug 20184365,37659.403.07$42,384
Jul 20184405,09565.142.93$43,600
Jun 20185155,28260.183.08$47,245
May 20185404,92565.382.90$49,592
Apr 20188815,34763.842.90$71,754
Mar 20185134,82861.222.79$44,861
Feb 20184934,66261.782.77$43,353
Jan 20186804,96262.874.01$62,646
Dec 20175616,25257.272.92$50,394
Nov 20175065,68655.423.12$45,774
Oct 20175796,09149.292.98$46,713
Sep 20175925,55947.523.09$45,294
Aug 20175435,05845.373.00$39,832
Jul 20177566,89843.873.09$54,462
Jun 20177727,23642.493.09$55,142
May 20179108,01545.373.26$67,443
Apr 20171,0327,83347.933.21$74,620
Mar 20171,79317,07846.772.98$134,814
Feb 20178667,96950.452.95$67,219
Jan 20179998,98449.413.42$80,075
Dec 20161,16810,86948.763.72$97,415
Nov 20161,20911,65342.492.64$82,185
Oct 20161,79014,67546.193.09$128,030
Sep 20162,93317,52041.553.10$176,189
Aug 20164,54021,06641.442.92$249,742
Jul 20163,97612,36741.622.92$201,646
Jun 20162,24722,49645.352.69$162,322
May 20164,25833,60942.521.99$247,967
Apr 20164,14530,72636.561.99$212,718
Mar 20165,78641,96433.011.79$266,280
Feb 20167,35349,70126.472.06$297,198
Jan 20169,94968,27027.352.36$433,520
Dec 201515,33691,73932.362.00$679,880
Nov 20158,85553,12138.792.17$458,616

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           228 bbl  × $106.41 =    $24,261
Gas                2,297 Mcf  × $  3.05 =     $6,996

────────────────────────────────────────────────────
Month total                                  $31,258

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/280030 is the state's own key, not one this site invented.