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HOPE 01

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280801District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.8 M
May 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
no gaps in the span
Streams
2
condensate, gas

The DE WITT (EAGLE FORD SHALE) 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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: “DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.”

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 Gas112016-10-04219552
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
CondensateDisposition287,109 bbl$13,713,007
GasProduction1,058,956 Mcf$3,094,706
Total$16,807,713

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 29.0203, -97.6127. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02034, -97.61272 · 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
13,482 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 13,482 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-1233348505H13,482 ftJun 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 (133)

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

133 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
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 20240179.932.15$2
Jun 2024313478.082.63$2,510
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023622570.622.23$4,434
Apr 20236522,89178.122.24$57,404
Mar 20238025,95972.852.39$72,687
Feb 20237566,89775.112.47$73,789
Jan 20234101,90176.533.39$37,817
Dec 20224263,12376.415.73$50,443
Nov 20227295,65685.005.65$93,900
Oct 20227283,53187.185.86$84,172
Sep 20227813,67284.888.16$96,268
Aug 20228464,41294.529.13$120,233
Jul 2022287922101.587.54$36,107
Jun 20227553,685115.097.98$116,289
May 20227284,199109.378.43$115,032
Apr 20229393,999104.226.84$125,206
Mar 20221,0934,762108.885.08$143,180
Feb 20225752,48091.054.86$64,404
Jan 20228523,74681.844.54$86,726
Dec 20219074,48271.323.90$82,163
Nov 20218754,60777.435.24$91,877
Oct 20218464,56779.795.71$93,598
Sep 20217663,99669.865.35$74,895
Aug 20211,1794,47266.024.22$96,712
Jul 20219174,27870.783.98$81,941
Jun 20219134,29469.493.38$77,961
May 20219144,98763.483.02$73,070
Apr 20211,0405,01760.362.76$76,613
Mar 20219384,77061.302.72$70,459
Feb 20214721,59257.805.55$36,114
Jan 20211,0265,30550.412.81$66,629
Dec 20209965,07444.642.68$58,037
Nov 20201,0675,47438.772.71$56,183
Oct 20201,1235,58836.972.48$55,367
Sep 20201,1365,71637.091.99$53,515
Aug 20201,0105,52539.982.39$53,557
Jul 20201,2296,08838.371.83$58,268
Jun 20201,1996,43734.901.69$52,726
May 20201,2946,70016.921.81$34,053
Apr 20201,0225,85314.751.80$25,636
Mar 20209936,57530.341.86$42,332
Feb 20209655,74249.881.98$59,507
Jan 20209305,89857.252.09$65,597
Dec 20191,1546,87659.012.30$83,942
Nov 20198655,68855.302.75$63,480
Oct 20191,0946,42553.472.42$74,035
Sep 20191,7197,36155.052.66$114,191
Aug 20191,7498,33153.112.30$112,087
Jul 20191,7398,96756.272.46$119,913
Jun 20191,8047,58952.782.49$114,121
May 20191,8008,24258.482.74$127,850
Apr 20191,8168,14962.632.75$136,152
Mar 20191,8609,23156.803.06$133,914
Feb 20191,9049,26950.852.79$122,699
Jan 20192,2099,30646.033.23$131,722
Dec 20181,6006,43646.594.19$101,481
Nov 20181,9748,04452.934.24$138,568
Oct 20181,5196,53661.443.40$115,537
Sep 20182,4059,89859.543.11$173,957
Aug 20181,8176,83559.403.07$128,890
Jul 20181,7576,86565.142.93$134,578
Jun 20181,8517,36660.183.08$134,058
May 20182,3279,30565.382.90$179,131
Apr 20182,5929,21163.842.90$192,193
Mar 20182,67211,41361.222.79$195,386
Feb 20182,45610,14061.782.77$179,780
Jan 20183,67513,87062.874.01$286,657
Dec 20172,91010,52857.272.92$197,413
Nov 20172,99010,02255.423.12$196,958
Oct 20172,4427,87149.292.98$143,851
Sep 20172,4608,40547.523.09$142,848
Aug 20172,54410,59345.373.00$147,247
Jul 20173,18811,22643.873.09$174,515
Jun 20172,5348,85942.493.09$135,020
May 20173,34810,94345.373.26$187,610
Apr 20173,29910,70447.933.21$192,498
Mar 20173,59611,52346.772.98$202,566
Feb 20173,69312,28050.452.95$222,570
Jan 20174,59515,05249.413.42$278,499
Dec 20164,99516,20848.763.72$303,896
Nov 20162,8469,11042.492.64$145,017
Oct 20163,84013,23746.193.09$218,275
Sep 20165,21919,45141.553.10$277,160
Aug 20166,29123,18441.442.92$328,497
Jul 20166,95625,11641.622.92$362,956
Jun 20165,58419,31745.352.69$305,117
May 20166,72622,60142.521.99$330,989
Apr 20166,71623,55736.561.99$292,440
Mar 20167,75926,42233.011.79$303,526
Feb 20168,28926,64726.472.06$274,399
Jan 20167,94331,02427.352.36$290,593
Dec 20159,32333,68432.362.00$369,108
Nov 201510,66934,30438.792.17$488,199
Oct 201512,76339,90743.552.43$652,666
Sep 201513,77841,36042.992.76$706,404
Aug 201515,90148,64540.162.87$778,316
Jul 201516,53947,98048.152.95$937,658
Jun 201513,03235,17356.152.88$833,146
May 20152,7747,73855.212.96$176,022

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.

Jul 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                    1 Mcf  × $  2.15 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/280801 is the state's own key, not one this site invented.