BAILEY-RETZLOFF UNIT

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 281178District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Aug 2016 – May 2026
Value, last 12 filed months
$366 k
at the published price for each month
Months reported
118
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
High Cost Gas112018-05-17221796
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
CondensateDisposition194,486 bbl$9,839,576
GasProduction1,296,283 Mcf$4,156,772
Total$13,996,348

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 28.7674, -97.9794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.76739, -97.97939 · 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
12,395 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 12,395 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-255348208H12,395 ftAug 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 (118)

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

118 months

May 2026894,456106.413.05$23,043
Apr 2026595,83298.932.87$22,573
Mar 2026914,79889.753.15$23,278
Feb 20261583,11163.503.75$21,700
Jan 2026395,51459.138.00$46,407
Dec 20251834,53156.664.41$30,366
Nov 20253773,27858.593.93$34,959
Oct 20253883,27059.383.30$33,846
Sep 20253332,94262.743.08$29,945
Aug 20252803,48063.933.01$28,392
Jul 20254333,81466.743.32$41,543
Jun 20253103,06066.483.13$30,183
May 20255163,28860.553.23$41,872
Apr 20252853,78562.363.54$31,183
Mar 20254593,91567.704.27$47,785
Feb 20257803,99570.884.34$72,628
Jan 20254845,79874.324.28$60,779
Dec 202424010,60868.993.12$49,669
Nov 20243604,45469.052.20$34,650
Oct 20246764,71071.372.28$58,992
Sep 20245003,29269.612.36$42,588
Aug 20244454,28675.632.06$42,500
Jul 20246084,90379.932.15$59,122
Jun 20243933,17378.082.63$39,043
May 20243243,07978.812.20$32,303
Apr 20243983,13984.451.66$38,819
Mar 20242612,12180.301.55$24,236
Feb 20242132,77576.091.78$21,157
Jan 20242063,28973.023.30$25,888
Dec 20231803,11271.262.61$20,951
Nov 20233073,62377.892.81$34,084
Oct 20233904,55185.443.09$47,372
Sep 20235384,42689.042.74$60,009
Aug 20235074,73380.522.67$53,474
Jul 20236615,82174.852.64$64,854
Jun 20233082,04368.962.26$25,854
May 20236924,74070.622.23$59,427
Apr 20237324,93178.122.24$68,218
Mar 20234613,44172.852.39$41,819
Feb 20233272,31975.112.47$30,279
Jan 20236294,11276.533.39$62,068
Dec 20224783,64776.415.73$57,418
Nov 20224403,82385.005.65$58,985
Oct 20223735,98887.185.86$67,630
Sep 20223483,79284.888.16$60,495
Aug 20222944,31594.529.13$67,173
Jul 20224895,751101.587.54$93,047
Jun 20223203,631115.097.98$65,794
May 20222784,328109.378.43$66,903
Apr 20223534,820104.226.84$69,747
Mar 20225105,970108.885.08$85,835
Feb 20222394,25191.054.86$42,416
Jan 20224166,10981.844.54$61,766
Dec 20214816,44171.323.90$59,419
Nov 20214765,40377.435.24$65,151
Oct 20213413,95879.795.71$49,824
Sep 20214194,85369.865.35$55,239
Aug 20214846,13266.024.22$57,834
Jul 20215476,54670.783.98$64,783
Jun 20214947,08969.493.38$58,293
May 20213477,61763.483.02$45,013
Apr 20214127,22460.362.76$44,795
Mar 20214956,33261.302.72$47,547
Feb 20213545,20257.805.55$49,322
Jan 20215156,83850.412.81$45,178
Dec 20204897,01844.642.68$40,605
Nov 20205397,23538.772.71$40,479
Oct 20205577,48436.972.48$39,141
Sep 20206258,67437.091.99$40,452
Aug 20206478,81339.982.39$46,887
Jul 20206808,68938.371.83$41,950
Jun 20206468,67534.901.69$37,209
May 20201,1248,95316.921.81$35,266
Apr 20203,4977,17714.751.80$64,531
Mar 20202,6386,83030.341.86$92,715
Feb 20207496,17249.881.98$49,585
Jan 20201,0907,08557.252.09$77,244
Dec 20198948,01659.012.30$71,227
Nov 20199657,67355.302.75$74,471
Oct 20193,4517,51753.472.42$202,705
Sep 20198748,51555.052.66$70,740
Aug 20199589,86953.112.30$73,621
Jul 20199669,95456.272.46$78,844
Jun 20191,0039,73552.782.49$77,190
May 20191,27411,75158.482.74$106,705
Apr 20191,49111,46462.632.75$124,915
Mar 201929786056.803.06$19,503
Feb 20191,11910,98650.852.79$87,576
Jan 20191,20012,31746.033.23$94,997
Dec 20181,48112,03646.594.19$119,376
Nov 20181,61516,54452.934.24$155,583
Oct 20181,48113,85861.443.40$138,083
Sep 20181,55713,33559.543.11$134,149
Aug 20181,60113,06559.403.07$135,164
Jul 20181,60214,19965.142.93$145,984
Jun 20181,89014,90360.183.08$159,596
May 20182,44516,15165.382.90$206,705
Apr 20182,07413,50763.842.90$171,585
Mar 20182,10615,93961.222.79$173,349
Feb 20181,98414,57461.782.77$162,885
Jan 201832917,02562.874.01$88,943
Dec 20172,69119,02457.272.92$209,693
Nov 20172,75019,64255.423.12$213,656
Oct 20173,09522,48549.292.98$219,641
Sep 20172,87117,56947.523.09$190,670
Aug 20172,98618,62545.373.00$191,432
Jul 20174,36225,57443.873.09$270,315
Jun 20174,40226,65742.493.09$269,339
May 20175,52630,57045.373.26$350,477
Apr 20179,50946,22247.933.21$604,213
Mar 20173,52815,78746.772.98$212,108
Feb 20175,02332,97350.452.95$350,766
Jan 20176,32437,95949.413.42$442,243
Dec 20167,65742,35248.763.72$531,025
Nov 20168,77247,23842.492.64$497,636
Oct 201613,05058,00046.193.09$782,015
Sep 201615,53270,93741.553.10$865,304
Aug 201622,94791,46341.442.92$1,218,393

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            89 bbl  × $106.41 =     $9,470
Gas                4,456 Mcf  × $  3.05 =    $13,572

────────────────────────────────────────────────────
Month total                                  $23,043

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/281178 is the state's own key, not one this site invented.