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LOUISE STRAUBE 02

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 281176District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.7 M
Jan 2016 – May 2026
Value, last 12 filed months
$511 k
at the published price for each month
Months reported
125
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
NGPA1none——
ST-1112020-09-29227949

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
CondensateDisposition310,922 bbl$17,153,754
GasProduction1,768,021 Mcf$5,527,176
Total$22,680,930

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, -97.5464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05418, -97.54641 · 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
13,595 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 13,595 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-1233411504H13,595 ftMay 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 20264902,083106.413.05$58,485
Apr 20261,3213,30498.932.87$140,168
Mar 20264421,21689.753.15$43,499
Feb 20261,0521,47063.503.75$72,315
Jan 202618524659.138.00$12,907
Dec 2025552956.664.41$3,244
Nov 20254051,54258.593.93$29,784
Oct 20253041,76759.383.30$23,891
Sep 202516636762.743.08$11,544
Aug 2025303663.933.01$2,026
Jul 202526712166.743.32$18,221
Jun 20251,2812,96566.483.13$94,438
May 20251,1073,53360.553.23$78,449
Apr 20254423,35162.363.54$39,436
Mar 20253702,90167.704.27$37,431
Feb 202513198270.884.34$13,548
Jan 20254483,29674.324.28$47,398
Dec 20244033,04768.993.12$37,314
Nov 20243933,17669.052.20$34,119
Oct 20244173,23471.372.28$37,139
Sep 20243923,13269.612.36$34,692
Aug 20244113,18875.632.06$37,663
Jul 20244323,43079.932.15$41,893
Jun 20244143,30978.082.63$41,041
May 20244293,43178.812.20$41,352
Apr 20244363,29784.451.66$42,291
Mar 20245753,02480.301.55$50,845
Feb 20244823,28876.091.78$42,540
Jan 20245723,34273.023.30$52,788
Dec 20235563,67671.262.61$49,218
Nov 20235233,39377.892.81$50,263
Oct 20234763,39285.443.09$51,141
Sep 20235163,50489.042.74$55,528
Aug 20235263,74680.522.67$52,366
Jul 20234793,85674.852.64$46,040
Jun 20234713,83868.962.26$41,148
May 20235194,52970.622.23$46,740
Apr 20236794,37378.122.24$62,829
Mar 20238884,29472.852.39$74,967
Feb 20238083,96175.112.47$70,455
Jan 20238704,54776.533.39$81,985
Dec 20229674,35176.415.73$98,816
Nov 20227642,48885.005.65$78,988
Oct 20229094,46187.185.86$105,405
Sep 20226564,38184.888.16$91,446
Aug 20226454,61594.529.13$103,087
Jul 20226294,926101.587.54$101,046
Jun 20226744,944115.097.98$117,010
May 20226025,159109.378.43$109,347
Apr 20227855,050104.226.84$116,343
Mar 20228185,302108.885.08$115,979
Feb 20226584,86791.054.86$83,559
Jan 20226695,55081.844.54$79,935
Dec 20218316,06071.323.90$82,896
Nov 20218376,01277.435.24$96,293
Oct 20211,0087,84079.795.71$125,225
Sep 20211491,17569.865.35$16,696
Aug 20211,0403,87066.024.22$84,994
Jul 20211,7726,06170.783.98$149,558
Jun 20219385,96369.493.38$85,340
May 20217476,17563.483.02$66,054
Apr 20218786,23860.362.76$70,203
Mar 20219576,49561.302.72$76,311
Feb 20216825,91357.805.55$72,225
Jan 20219137,05050.412.81$65,837
Dec 20201,0337,23844.642.68$65,478
Nov 20209207,20238.772.71$55,161
Oct 20209957,75336.972.48$56,000
Sep 20209617,81137.091.99$51,196
Aug 20201,0628,32239.982.39$62,308
Jul 20201,2378,45238.371.83$62,890
Jun 20201,1868,34234.901.69$55,492
May 20201,2749,57316.921.81$38,929
Apr 20201,2429,88314.751.80$36,152
Mar 20201,31010,41830.341.86$59,084
Feb 20201,3159,47049.881.98$84,349
Jan 20201,46711,39257.252.09$107,849
Dec 20192,05913,52259.012.30$152,661
Nov 20192,14115,82855.302.75$161,935
Oct 20193,22123,02953.472.42$227,923
Sep 201983455.052.66$531
Aug 20191,74411,31553.112.30$118,698
Jul 20192,33114,83156.272.46$167,651
Jun 20192,38314,44952.782.49$161,770
May 20192,43113,61258.482.74$179,466
Apr 20192,62315,25162.632.75$206,229
Mar 20193,01817,54856.803.06$225,156
Feb 20191,78310,31050.852.79$119,453
Jan 20192,68113,94946.033.23$168,436
Dec 20182,96915,56646.594.19$203,476
Nov 20183,11116,57852.934.24$234,910
Oct 20183,41219,04261.443.40$274,340
Sep 20183,64920,42559.543.11$280,742
Aug 20184,32623,64259.403.07$329,464
Jul 20185,00329,79165.142.93$413,239
Jun 20185,60935,01660.183.08$445,291
May 20186,92144,44565.382.90$581,421
Apr 20187,93348,44563.842.90$646,972
Mar 20189,73160,00061.222.79$762,942
Feb 201810,04059,73861.782.77$785,514
Jan 201813,77481,56362.874.01$1,192,984
Dec 201715,92191,02557.272.92$1,177,727
Nov 201717,92398,81755.423.12$1,301,440
Oct 201721,526118,89549.292.98$1,415,761
Sep 201725,679142,06947.523.09$1,658,873
Aug 201722,917118,85345.373.00$1,396,826
Jul 201724,641122,71343.873.09$1,459,850
Jun 201723,741108,55042.493.09$1,343,879
May 20179803,15245.373.26$54,749
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           490 bbl  × $106.41 =    $52,141
Gas                2,083 Mcf  × $  3.05 =     $6,344

────────────────────────────────────────────────────
Month total                                  $58,485

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/281176 is the state's own key, not one this site invented.