THREE SISTERS 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 281138District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.4 M
Jan 2016 – May 2026
Value, last 12 filed months
$534 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 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
NGPA1none
ST-1112020-09-29227947

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
CondensateDisposition382,230 bbl$21,936,959
GasProduction1,417,437 Mcf$4,439,674
Total$26,376,633

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 28.5686, -98.2696. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.56857, -98.26965 · 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
12,556 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 12,556 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-2973581139H12,556 ftSep 2017

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 20265422,787106.413.05$66,163
Apr 20265073,17598.932.87$59,269
Mar 20264962,48889.753.15$52,352
Feb 20261701,98963.503.75$18,254
Jan 20263792,60759.138.00$43,261
Dec 20255913,27656.664.41$47,944
Nov 20256593,04258.593.93$50,555
Oct 20256133,46359.383.30$47,845
Sep 20253013,87962.743.08$30,820
Aug 20253033,75863.933.01$30,700
Jul 20254724,38466.743.32$46,035
Jun 20253814,83866.483.13$40,466
May 20254176,04660.553.23$44,792
Apr 20252843,64662.363.54$30,628
Mar 20253194,42667.704.27$40,488
Feb 20252373,48770.884.34$31,935
Jan 20252542,01474.324.28$27,495
Dec 20244355,13068.993.12$46,023
Nov 20245085,52569.052.20$47,224
Oct 20244204,48271.372.28$40,201
Sep 20242995,33369.612.36$33,423
Aug 20242694,72875.632.06$30,101
Jul 20243014,16179.932.15$32,991
Jun 20244406,50178.082.63$51,479
May 20246177,04078.812.20$64,103
Apr 20242706,05284.451.66$32,843
Mar 20242434,77380.301.55$26,888
Feb 20244844,01076.091.78$43,980
Jan 20247663,31373.023.30$66,858
Dec 2023132671.262.61$994
Nov 20236977.892.81$493
Oct 202361085.443.09$544
Sep 202320233989.042.74$18,913
Aug 202318977580.522.67$17,290
Jul 202316964474.852.64$14,351
Jun 202324385068.962.26$18,677
May 20233801,70270.622.23$30,627
Apr 202318218778.122.24$14,636
Mar 20234352,65272.852.39$38,036
Feb 202352614,97075.112.47$76,419
Jan 20236872,95476.533.39$62,583
Dec 202245768976.415.73$38,867
Nov 20222821,07585.005.65$30,040
Oct 20225432,45287.185.86$61,717
Sep 20224872,17184.888.16$59,060
Aug 20226303,27694.529.13$89,448
Jul 20228813,903101.587.54$118,929
Jun 20226234,628115.097.98$108,620
May 20227184,635109.378.43$117,615
Apr 20227344,244104.226.84$105,516
Mar 20226182,444108.885.08$79,695
Feb 20224301,09791.054.86$44,482
Jan 20228253,87481.844.54$85,097
Dec 20211,2464,40771.323.90$106,048
Nov 20219014,36277.435.24$92,608
Oct 20219504,33479.795.71$100,564
Sep 20211,0574,66669.865.35$98,809
Aug 20211,1244,98266.024.22$95,233
Jul 20211,1255,22170.783.98$100,418
Jun 20211,0445,21469.493.38$90,174
May 20211,0975,32063.483.02$85,692
Apr 20211,1245,34660.362.76$82,591
Mar 20211,1195,96861.302.72$84,809
Feb 20219774,65757.805.55$82,307
Jan 20211,3475,93050.412.81$84,567
Dec 20201,4016,15744.642.68$79,013
Nov 20201,3365,94138.772.71$67,876
Oct 20201,4486,60136.972.48$69,893
Sep 20201,4266,56037.091.99$65,952
Aug 20201,5857,19339.982.39$80,524
Jul 20201,7947,68038.371.83$82,853
Jun 20201,7887,47434.901.69$75,035
May 20202,0398,13616.921.81$49,265
Apr 20202,3567,72814.751.80$48,695
Mar 20203,1409,05730.341.86$112,079
Feb 20203,0668,76049.881.98$170,283
Jan 20203,45610,12757.252.09$219,069
Dec 20193,48911,19159.012.30$231,674
Nov 20193,19111,90455.302.75$209,207
Oct 20193,03411,92153.472.42$191,059
Sep 20193,68310,56455.052.66$230,821
Aug 20193,80014,98153.112.30$236,340
Jul 20195352,35956.272.46$35,908
Jun 20193,53815,85652.782.49$226,236
May 20194,03417,77658.482.74$284,620
Apr 20196,18816,02062.632.75$431,621
Mar 20196,08817,84556.803.06$400,442
Feb 20194,31217,71850.852.79$268,738
Jan 20194,89921,13346.033.23$293,722
Dec 20185,42124,03846.594.19$353,174
Nov 20185,80525,86652.934.24$416,859
Oct 20186,61531,62161.443.40$513,876
Sep 20186,26028,75259.543.11$462,082
Aug 20186,92432,47559.403.07$510,872
Jul 20188,22237,59465.142.93$645,802
Jun 201810,45242,28060.183.08$759,094
May 20189,49339,26965.382.90$734,564
Apr 201812,67154,27863.842.90$966,366
Mar 201816,71368,44361.222.79$1,213,910
Feb 201821,75083,65661.782.77$1,575,118
Jan 201828,238100,73862.874.01$2,179,214
Dec 201739,521123,41257.272.92$2,623,918
Nov 201739,20291,24455.423.12$2,457,106
Oct 201750,779114,50349.292.98$2,844,537
Sep 20177,18418,22047.523.09$397,634
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0

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           542 bbl  × $106.41 =    $57,674
Gas                2,787 Mcf  × $  3.05 =     $8,489

────────────────────────────────────────────────────
Month total                                  $66,163

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/281138 is the state's own key, not one this site invented.