FOSTER 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 280526District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Jan 2016 – May 2026
Value, last 12 filed months
$251 k
at the published price for each month
Months reported
125
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 Gas112017-02-21219544
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
CondensateDisposition152,572 bbl$6,826,444
GasProduction1,207,944 Mcf$3,459,579
Total$10,286,023

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 28.7999, -97.9036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79990, -97.90365 · 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
12,653 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 12,653 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-2553468710H12,653 ftJan 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 (125)

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

125 months

May 20261663,000106.413.05$26,802
Apr 20261332,00798.932.87$18,917
Mar 20261752,77389.753.15$24,440
Feb 20261912,65463.503.75$22,082
Jan 20261382,11859.138.00$25,100
Dec 20251972,54256.664.41$22,381
Nov 20251883,17358.593.93$23,474
Oct 20251922,87459.383.30$20,899
Sep 20251943,27762.743.08$22,255
Aug 20251462,37263.933.01$16,485
Jul 20251271,71066.743.32$14,145
Jun 20251311,66766.483.13$13,924
May 20251672,34160.553.23$17,679
Apr 20251263,00862.363.54$18,515
Mar 20252262,66567.704.27$26,675
Feb 20252253,33670.884.34$30,429
Jan 20252462,16574.324.28$27,546
Dec 20242213,04368.993.12$24,745
Nov 20241001269.052.20$6,931
Oct 2024931,11071.372.28$9,170
Sep 20240069.612.36$0
Aug 20241075.632.06$76
Jul 202440479.932.15$3,206
Jun 20241111,11378.082.63$11,599
May 20241781,65878.812.20$17,673
Apr 20242203684.451.66$18,639
Mar 202415689380.301.55$13,907
Feb 20241421,10476.091.78$12,774
Jan 20241622,85573.023.30$21,244
Dec 20233954,02971.262.61$38,666
Nov 20231434,48977.892.81$23,741
Oct 20232036,50185.443.09$37,415
Sep 20231946,71489.042.74$35,637
Aug 20232156,35280.522.67$34,290
Jul 20233475,36374.852.64$40,141
Jun 20233144,75468.962.26$32,390
May 20232343,19770.622.23$23,646
Apr 20231601,99178.122.24$16,955
Mar 20234674,19472.852.39$44,058
Feb 20232811375.112.47$2,382
Jan 20236113476.533.39$5,122
Dec 202218033176.415.73$15,650
Nov 20222204,42685.005.65$43,690
Oct 20222751,90587.185.86$35,145
Sep 20222091,71184.888.16$31,708
Aug 20221801,83994.529.13$33,798
Jul 20223953,556101.587.54$66,944
Jun 20222363,280115.097.98$53,326
May 20224607,362109.378.43$112,394
Apr 20221286,075104.226.84$54,879
Mar 20222942,945108.885.08$46,961
Feb 20224423,95091.054.86$59,437
Jan 20223765,59681.844.54$56,165
Dec 202129754871.323.90$23,319
Nov 20213532,96277.435.24$42,844
Oct 20211871,14179.795.71$21,440
Sep 20211911,31369.865.35$20,369
Aug 20213991,05666.024.22$30,799
Jul 20211491,05970.783.98$14,763
Jun 202124780069.493.38$19,869
May 20212932,33463.483.02$25,643
Apr 20211782,49260.362.76$17,618
Mar 20213583,86561.302.72$32,446
Feb 20213094,20457.805.55$41,184
Jan 20213585,10450.412.81$32,390
Dec 20202845,24044.642.68$26,697
Nov 20202212,22038.772.71$14,577
Oct 20209659336.972.48$5,019
Sep 20202773,72437.091.99$17,689
Aug 20203494,47839.982.39$24,634
Jul 20204576,29638.371.83$29,026
Jun 20205076,25834.901.69$28,272
May 20205716,47616.921.81$21,414
Apr 20205636,39414.751.80$19,841
Mar 20205106,46830.341.86$27,480
Feb 20206406,24849.881.98$44,298
Jan 20207266,75057.252.09$55,703
Dec 20198576,87359.012.30$66,409
Nov 20197916,06255.302.75$60,417
Oct 20196915,28253.472.42$49,723
Sep 20191,0547,38855.052.66$77,655
Aug 20195463,64453.112.30$37,395
Jul 2019228256.272.46$1,440
Jun 20198757,21752.782.49$64,161
May 20198467,04658.482.74$68,782
Apr 20197426,84462.632.75$65,297
Mar 20198487,24356.803.06$70,345
Feb 20197797,50950.852.79$60,579
Jan 20192,13318,26546.033.23$157,145
Dec 20183833,93346.594.19$34,305
Nov 20189379,73452.934.24$90,841
Oct 201895410,12861.443.40$93,030
Sep 201890910,58759.543.11$87,026
Aug 20181,16411,15659.403.07$103,352
Jul 20181,24610,54665.142.93$112,084
Jun 20181,27210,75260.183.08$109,632
May 20181,21112,13365.382.90$114,371
Apr 20181,22712,25263.842.90$113,872
Mar 20181,44913,85261.222.79$127,311
Feb 20181,58612,90661.782.77$133,683
Jan 20181,80814,29362.874.01$170,974
Dec 20171,49817,87857.272.92$138,021
Nov 20171,21412,14255.423.12$105,143
Oct 20171,21612,85249.292.98$98,283
Sep 20171,52016,98047.523.09$124,652
Aug 20171,33214,82445.373.00$104,970
Jul 20171,43314,45443.873.09$107,489
Jun 20171,41213,98042.493.09$103,156
May 20171,60315,94145.373.26$124,750
Apr 20171,68416,40247.933.21$133,391
Mar 20172,00818,37546.772.98$148,739
Feb 20171,90018,56150.452.95$150,658
Jan 20172,23222,09549.413.42$185,822
Dec 20162,72826,85248.763.72$232,983
Nov 20163,30525,57242.492.64$208,051
Oct 20163,59827,75346.193.09$251,956
Sep 20163,81835,22041.553.10$267,842
Aug 20165,17931,99541.442.92$308,182
Jul 20165,64833,35741.622.92$332,617
Jun 20166,42538,77945.352.69$395,528
May 20168,13049,37242.521.99$443,989
Apr 20169,74358,88236.561.99$473,441
Mar 201612,38973,69333.011.79$541,167
Feb 201615,75682,07826.472.06$586,440
Jan 201613,40379,84027.352.36$555,343

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           166 bbl  × $106.41 =    $17,664
Gas                3,000 Mcf  × $  3.05 =     $9,138

────────────────────────────────────────────────────
Month total                                  $26,802

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/280526 is the state's own key, not one this site invented.