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 281183District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.4 M
Dec 2015 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
126
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 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-1112020-09-29227953

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
CondensateDisposition400,299 bbl$22,101,714
GasProduction2,396,867 Mcf$7,341,642
Total$29,443,356

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 29.0550, -97.5460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05496, -97.54600 · 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
12,519 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 12,519 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-1233411605H12,519 ftJun 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 (126)

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

126 months

May 20261,3864,450106.413.05$161,038
Apr 20261,59856898.932.87$159,720
Mar 20262,13173789.753.15$193,578
Feb 20261,34347463.503.75$87,058
Jan 20261,17349659.138.00$73,326
Dec 20251,51157656.664.41$88,155
Nov 202547916158.593.93$28,697
Oct 20251,5693,02559.383.30$103,164
Sep 20251,6393,73162.743.08$114,311
Aug 20251,2573,39763.933.01$90,601
Jul 20251,2873,44066.743.32$97,299
Jun 20251,1763,80166.483.13$90,073
May 20251,5964,81460.553.23$112,198
Apr 20255645,34262.363.54$54,098
Mar 20254741,90567.704.27$40,221
Feb 2025471,04970.884.34$7,885
Jan 20252585,73674.324.28$43,717
Dec 20242264,06068.993.12$28,265
Nov 20242162,53069.052.20$20,477
Oct 20242092,60471.372.28$20,857
Sep 20241162,49569.612.36$13,974
Aug 20241562,77875.632.06$17,531
Jul 20242233,08379.932.15$24,442
Jun 20241862,75778.082.63$21,785
May 20242713,12278.812.20$28,221
Apr 202420134,48984.451.66$74,199
Mar 20245642,96380.301.55$49,867
Feb 202425519,14176.091.78$53,544
Jan 20242122,42273.023.30$23,467
Dec 20232802,52671.262.61$26,547
Nov 20233364,60077.892.81$39,086
Oct 20232853,01385.443.09$33,652
Sep 20232083,02489.042.74$26,791
Aug 20231,6452,95080.522.67$140,340
Jul 20236943,37374.852.64$60,857
Jun 20235243,33768.962.26$43,672
May 20233993,30070.622.23$35,528
Apr 20234193,40678.122.24$40,354
Mar 20235433,65672.852.39$48,307
Feb 20234152,92275.112.47$38,375
Jan 20235574,13676.533.39$56,639
Dec 20225504,48876.415.73$67,738
Nov 20224694,09285.005.65$62,969
Oct 20225784,42887.185.86$76,355
Sep 20225894,56284.888.16$87,237
Aug 20228015,05194.529.13$121,812
Jul 20227055,113101.587.54$110,177
Jun 202224176115.097.98$28,343
May 2022301147109.378.43$34,160
Apr 2022433516104.226.84$48,655
Mar 20224711,445108.885.08$58,618
Feb 202240225191.054.86$37,822
Jan 20225901,18981.844.54$53,681
Dec 20218536,47271.323.90$86,071
Nov 20217946,40277.435.24$95,006
Oct 20214344,23279.795.71$58,810
Sep 20211069.865.35$70
Aug 20213241,62866.024.22$28,262
Jul 20213333,15370.783.98$36,125
Jun 20214963,77769.493.38$47,236
May 20214123,36863.483.02$36,317
Apr 20215896,05060.362.76$52,240
Mar 20216416,64861.302.72$57,356
Feb 20214384,43157.805.55$49,899
Jan 20216045,75050.412.81$46,607
Dec 20206637,22744.642.68$48,932
Nov 20207377,75638.772.71$49,566
Oct 20207988,41036.972.48$50,346
Sep 20208558,84737.091.99$49,327
Aug 20209618,35739.982.39$58,353
Jul 20201,2108,89938.371.83$62,669
Jun 20201,2138,09234.901.69$56,012
May 20201,1659,99116.921.81$37,843
Apr 20201,31511,84114.751.80$40,762
Mar 20201,46313,71330.341.86$69,842
Feb 20201,77615,00649.881.98$118,309
Jan 20201,95214,54657.252.09$142,222
Dec 20194142,67259.012.30$30,587
Nov 20190055.302.75$0
Oct 20198155353.472.42$5,669
Sep 20191,5977,22855.052.66$107,122
Aug 20193,00819,24253.112.30$204,095
Jul 20194,20126,91656.272.46$302,605
Jun 20194,32727,40952.782.49$296,660
May 20194,54429,15258.482.74$345,619
Apr 20194,79830,79962.632.75$385,218
Mar 20195,57234,44756.803.06$421,970
Feb 20195,58735,72150.852.79$383,840
Jan 20196,17441,79346.033.23$419,105
Dec 20186,21144,83246.594.19$477,012
Nov 20186,44646,84152.934.24$539,663
Oct 20187,21552,10661.443.40$620,350
Sep 20187,66955,59559.543.11$629,402
Aug 20188,58357,57759.403.07$686,394
Jul 20189,56066,13765.142.93$816,644
Jun 201810,27370,09060.183.08$833,890
May 201811,69876,48165.382.90$986,671
Apr 201811,89471,99663.842.90$968,159
Mar 201814,21186,86961.222.79$1,112,087
Feb 201815,23893,04461.782.77$1,198,775
Jan 201818,575109,15962.874.01$1,605,464
Dec 201721,138120,08457.272.92$1,561,401
Nov 201716,62191,62655.423.12$1,206,859
Oct 201727,278153,81849.292.98$1,803,476
Sep 201731,536175,67647.523.09$2,040,952
Aug 201727,215139,78645.373.00$1,654,718
Jul 201729,098143,17243.873.09$1,718,541
Jun 201724,752113,70342.493.09$1,402,745
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
Dec 20150032.362.00$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         1,386 bbl  × $106.41 =   $147,484
Gas                4,450 Mcf  × $  3.05 =    $13,554

────────────────────────────────────────────────────
Month total                                 $161,038

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/281183 is the state's own key, not one this site invented.