OETKEN 01

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 280374District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Sep 2015 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
129
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 Gas112016-09-19219287
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
CondensateDisposition154,147 bbl$6,897,138
GasProduction1,267,893 Mcf$3,604,132
Total$10,501,269

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 28.8936, -97.7004. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89362, -97.70036 · 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
13,671 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 13,671 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-2553434507H13,671 ftMay 2016

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 (129)

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

129 months

May 202652106.413.05$538
Apr 20265298.932.87$500
Mar 2026201489.753.15$1,839
Feb 2026103263.503.75$755
Jan 20260059.138.00$0
Dec 20257656.664.41$423
Nov 20251652758.593.93$3,007
Oct 202511659.383.30$673
Sep 20251344962.743.08$2,197
Aug 2025138463.933.01$1,084
Jul 2025111,24066.743.32$4,845
Jun 2025876666.483.13$2,928
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025121570.884.34$916
Jan 2025101,14474.324.28$5,638
Dec 2024927168.993.12$1,467
Nov 20241971269.052.20$2,877
Oct 20241049071.372.28$1,832
Sep 202403169.612.36$73
Aug 20248473175.632.06$7,861
Jul 202410090979.932.15$9,944
Jun 202410742178.082.63$9,463
May 202411893878.812.20$11,362
Apr 20248968984.451.66$8,659
Mar 2024966480.301.55$7,808
Feb 202410743776.091.78$8,921
Jan 202410462373.023.30$9,649
Dec 202310959071.262.61$9,308
Nov 202311071877.892.81$10,584
Oct 202311371785.443.09$11,868
Sep 202310769589.042.74$11,428
Aug 202312178080.522.67$11,828
Jul 20231322,41574.852.64$16,260
Jun 202301,75668.962.26$3,966
May 20231682,24870.622.23$16,871
Apr 20232672,63378.122.24$26,750
Mar 20231211,42072.852.39$12,213
Feb 20231921,96475.112.47$19,264
Jan 20232643,55776.533.39$32,254
Dec 20223385,05176.415.73$54,764
Nov 20223324,64585.005.65$54,447
Oct 20222392,56987.185.86$35,900
Sep 20222635,03184.888.16$63,395
Aug 20222009894.529.13$19,798
Jul 20223685,042101.587.54$75,409
Jun 20223244,962115.097.98$76,872
May 20223395,656109.378.43$84,774
Apr 20224155,233104.226.84$79,032
Mar 20224655,587108.885.08$78,991
Feb 20223604,75691.054.86$55,887
Jan 20224525,44081.844.54$61,677
Dec 20214125,33971.323.90$50,201
Nov 20213494,40077.435.24$50,065
Oct 20213565,02279.795.71$57,100
Sep 20213624,57269.865.35$49,754
Aug 20214674,41166.024.22$49,448
Jul 20213544,30970.783.98$42,215
Jun 20213473,67569.493.38$36,537
May 20213845,02463.483.02$39,537
Apr 20213784,15760.362.76$34,283
Mar 20213402,77461.302.72$28,379
Feb 20213865,39357.805.55$52,231
Jan 20214835,12950.412.81$38,762
Dec 20205938,36944.642.68$48,862
Nov 20205727,95638.772.71$43,710
Oct 20205067,66036.972.48$37,692
Sep 20205147,63637.091.99$34,268
Aug 20204947,61339.982.39$37,908
Jul 20205497,89338.371.83$35,471
Jun 20205257,80834.901.69$31,520
May 20205307,16716.921.81$21,974
Apr 20204235,26714.751.80$15,743
Mar 20204295,34430.341.86$22,936
Feb 20204566,21449.881.98$35,053
Jan 20203655,03057.252.09$31,433
Dec 20193824,70059.012.30$33,372
Nov 20193625,89455.302.75$36,231
Oct 20194426,01253.472.42$38,174
Sep 20196736,84755.052.66$55,243
Aug 20197117,33353.112.30$54,659
Jul 20197397,55756.272.46$60,174
Jun 20197237,29852.782.49$56,341
May 20197756,29658.482.74$62,575
Apr 20197335,98662.632.75$62,373
Mar 20197956,36456.803.06$64,643
Feb 20197256,13050.852.79$53,983
Jan 20198596,95446.033.23$61,989
Dec 201898110,74846.594.19$90,690
Nov 20181,03410,95252.934.24$101,136
Oct 20181,0738,19961.443.40$93,786
Sep 20181,2149,25559.543.11$101,046
Aug 20181,2289,58559.403.07$102,336
Jul 20181,1919,49265.142.93$105,411
Jun 20188847,79760.183.08$77,190
May 201885312,65265.382.90$92,470
Apr 20187147,35263.842.90$66,908
Mar 201878512,02561.222.79$81,569
Feb 20184856,30861.782.77$47,412
Jan 20187749,00362.874.01$84,757
Dec 20178498,70857.272.92$74,063
Nov 20178887,98855.423.12$74,122
Oct 20171,06310,29049.292.98$83,097
Sep 20171,20112,01347.523.09$94,159
Aug 20171,38813,55845.373.00$103,707
Jul 20172,03319,95143.873.09$150,782
Jun 20172,18819,78842.493.09$154,059
May 20171,95415,52545.373.26$139,317
Apr 20171,99115,63347.933.21$145,636
Mar 20172,22717,67046.772.98$156,878
Feb 20172,15317,03950.452.95$158,928
Jan 20172,56220,27649.413.42$195,908
Dec 20162,69722,90448.763.72$216,773
Nov 20162,77223,24142.492.64$179,240
Oct 20163,14026,14846.193.09$225,841
Sep 20163,35327,30841.553.10$223,989
Aug 20163,82129,89441.442.92$245,762
Jul 20164,25632,80441.622.92$273,065
Jun 20164,76235,44245.352.69$311,148
May 20164,62633,57742.521.99$263,551
Apr 20166,05340,77236.561.99$302,476
Mar 20166,99946,28833.011.79$314,078
Feb 20167,23948,64926.472.06$292,010
Jan 20168,40656,73927.352.36$364,056
Dec 20159,41765,25832.362.00$435,342
Nov 201510,45871,10738.792.17$559,778
Oct 201512,61879,08043.552.43$741,408
Sep 20156,54137,17642.992.76$383,745

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             5 bbl  × $106.41 =       $532
Gas                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                     $538

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/280374 is the state's own key, not one this site invented.