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SCHROEDER 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 281122District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.1 M
Apr 2016 – May 2026
Value, last 12 filed months
$545 k
at the published price for each month
Months reported
122
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 Gas112017-02-23219971
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
CondensateDisposition409,863 bbl$20,568,558
GasProduction2,505,461 Mcf$7,574,492
Total$28,143,050

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 29.0542, -97.5540. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05421, -97.55401 · 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
13,623 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 13,623 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-1233416309H13,623 ftApr 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 (122)

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

122 months

May 20264744,639106.413.05$64,568
Apr 202647244398.932.87$47,966
Mar 202675119189.753.15$68,004
Feb 202625568063.503.75$18,743
Jan 20261775,27759.138.00$52,671
Dec 202513455756.664.41$10,051
Nov 20252832,71058.593.93$27,222
Oct 20254276,33159.383.30$46,278
Sep 20254275,66362.743.08$44,215
Aug 20256746,62163.933.01$63,050
Jul 20253314,38066.743.32$36,612
Jun 20256187,71466.483.13$65,220
May 20256254,05860.553.23$50,961
Apr 20256967,14462.363.54$68,715
Mar 20256876,86767.704.27$75,820
Feb 20256650070.884.34$6,849
Jan 20253706,64774.324.28$55,939
Dec 20242846,42668.993.12$39,651
Nov 20243536,95369.052.20$39,660
Oct 20243616,16871.372.28$39,836
Sep 20244257,08069.612.36$46,324
Aug 20242844,61775.632.06$31,007
Jul 20243736,59579.932.15$43,971
Jun 20244037,29078.082.63$50,668
May 20245097,86478.812.20$57,403
Apr 20244166,99684.451.66$46,739
Mar 20243765,26080.301.55$38,320
Feb 20242464,06676.091.78$25,970
Jan 20243745,51073.023.30$45,480
Dec 20232955,72271.262.61$35,960
Nov 20236098077.892.81$7,425
Oct 20233646,45285.443.09$51,019
Sep 20233596,16989.042.74$48,838
Aug 20236058,83280.522.67$72,321
Jul 20233947,96174.852.64$50,522
Jun 20234188,62668.962.26$48,307
May 20232407,02870.622.23$32,603
Apr 20234297,51678.122.24$50,332
Mar 20232684,54172.852.39$30,391
Feb 20235355,27575.112.47$53,190
Jan 20237284,52576.533.39$71,043
Dec 20224104,63576.415.73$57,882
Nov 20224623,79885.005.65$60,714
Oct 20226665,82587.185.86$92,218
Sep 20223953,81084.888.16$64,631
Aug 202230473894.529.13$35,470
Jul 20225945,577101.587.54$102,401
Jun 20226105,649115.097.98$115,268
May 20225696,183109.378.43$114,373
Apr 20226604,288104.226.84$98,105
Mar 20225492,698108.885.08$73,471
Feb 202240532291.054.86$38,440
Jan 20226214,71981.844.54$72,236
Dec 20216215,05471.323.90$63,996
Nov 20215815,09077.435.24$71,642
Oct 20215795,83679.795.71$79,545
Sep 20216486,63669.865.35$80,778
Aug 20218936,45566.024.22$86,200
Jul 20218417,84970.783.98$90,781
Jun 20218387,63269.493.38$84,034
May 20218358,14963.483.02$77,597
Apr 20211,2008,61260.362.76$96,188
Mar 20211,1636,76261.302.72$89,664
Feb 20218256,74757.805.55$85,117
Jan 20211,05810,74150.412.81$83,519
Dec 20201,07615,35844.642.68$89,122
Nov 202092512,78338.772.71$70,460
Oct 202092613,62136.972.48$67,993
Sep 202095012,93337.091.99$60,986
Aug 20201,02613,78439.982.39$73,896
Jul 20201,14014,19238.371.83$69,644
Jun 202099211,98634.901.69$54,881
May 20201,06812,89216.921.81$41,466
Apr 20208248,70514.751.80$27,861
Mar 20201,15516,30230.341.86$65,303
Feb 20201,19614,50249.881.98$88,380
Jan 20205834,36957.252.09$42,529
Dec 20191,18612,61759.012.30$99,060
Nov 20193685,02855.302.75$34,181
Oct 20191,27817,93953.472.42$111,721
Sep 20191,67215,87355.052.66$134,223
Aug 20191,74120,81553.112.30$140,430
Jul 20192,19724,72356.272.46$184,445
Jun 20191,90319,03352.782.49$147,855
May 20192,75524,29658.482.74$227,691
Apr 20195814,95262.632.75$50,010
Mar 20192,45520,87856.803.06$203,375
Feb 20192,35319,82550.852.79$175,006
Jan 20192,86422,43946.033.23$204,267
Dec 20183,26919,38846.594.19$233,450
Nov 20183,25120,41852.934.24$258,591
Oct 20183,47122,90361.443.40$291,084
Sep 20183,68724,79859.543.11$296,596
Aug 20184,13927,76359.403.07$330,994
Jul 20184,45629,92365.142.93$377,994
Jun 20184,62131,04060.183.08$373,599
May 20185,16734,20265.382.90$437,032
Apr 20185,43035,35363.842.90$449,203
Mar 20186,05638,38961.222.79$477,732
Feb 20185,96636,79461.782.77$470,356
Jan 20187,07741,83462.874.01$612,657
Dec 20177,70645,29457.272.92$573,650
Nov 20178,17747,22555.423.12$600,434
Oct 20179,07151,33149.292.98$600,265
Sep 20179,77254,46247.523.09$632,505
Aug 20179,83153,82045.373.00$607,729
Jul 201711,96364,47943.873.09$723,882
Jun 20177,75939,83642.493.09$452,665
May 20170045.373.26$0
Apr 201713,70972,60747.933.21$890,257
Mar 201715,51482,13146.772.98$970,642
Feb 201715,03780,03150.452.95$994,916
Jan 201717,68893,41649.413.42$1,193,335
Dec 201617,92494,77748.763.72$1,226,813
Nov 201618,751101,19342.492.64$1,064,320
Oct 201620,189105,86346.193.09$1,259,674
Sep 201618,26689,45341.553.10$1,036,313
Aug 201617,86177,87941.442.92$967,905
Jul 201616,73970,97041.622.92$904,218
Jun 201617,13271,30845.352.69$968,457
May 201619,14476,35442.521.99$966,027
Apr 201614,93357,70336.561.99$660,839

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           474 bbl  × $106.41 =    $50,438
Gas                4,639 Mcf  × $  3.05 =    $14,130

────────────────────────────────────────────────────
Month total                                  $64,568

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/281122 is the state's own key, not one this site invented.