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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 281295District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$37.7 M
Apr 2016 – May 2026
Value, last 12 filed months
$1.1 M
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 Gas112017-02-23219972
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
CondensateDisposition530,158 bbl$27,487,900
GasProduction3,215,197 Mcf$10,171,938
Total$37,659,838

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 29.0549, -97.5534. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05487, -97.55338 · 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
13,552 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 13,552 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-1233416410H13,552 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 20269857,608106.413.05$127,987
Apr 20269227,09498.932.87$111,571
Mar 20261,0639,68889.753.15$125,916
Feb 20267158,02063.503.75$75,480
Jan 20262024,08859.138.00$44,640
Dec 20252782,10056.664.41$25,020
Nov 20254314,65658.593.93$43,534
Oct 20251,0407,14059.383.30$85,352
Sep 20259567,51962.743.08$83,115
Aug 20251,3668,81763.933.01$113,910
Jul 20251,1949,59566.743.32$111,497
Jun 20251,1959,60766.483.13$109,501
May 20251,63811,34460.553.23$135,848
Apr 20256894,44962.363.54$58,729
Mar 202561610,12967.704.27$84,937
Feb 202510270570.884.34$10,290
Jan 20251,1257,50074.324.28$115,700
Dec 20249248,13668.993.12$89,142
Nov 20241,13811,33769.052.20$103,503
Oct 20241,10411,34871.372.28$104,682
Sep 20248849,49969.612.36$83,994
Aug 20249269,83975.632.06$90,337
Jul 20241,29212,75179.932.15$130,641
Jun 20241,0629,09078.082.63$106,864
May 20248738,90778.812.20$88,383
Apr 20241,02911,39284.451.66$105,801
Mar 20241,00911,21880.301.55$98,356
Feb 202495611,59276.091.78$93,418
Jan 202497310,82573.023.30$106,746
Dec 20231,20114,86171.262.61$124,381
Nov 20231,06213,69177.892.81$121,157
Oct 20231,21513,92885.443.09$146,809
Sep 20231,04312,96589.042.74$128,329
Aug 20236308,29280.522.67$72,891
Jul 20235348,40574.852.64$62,174
Jun 20238489,35068.962.26$79,595
May 20236197,80570.622.23$61,099
Apr 20234058,49278.122.24$50,642
Mar 202370611,71872.852.39$79,475
Feb 202373410,31675.112.47$80,567
Jan 20231,47612,96876.533.39$156,890
Dec 20221,24914,68176.415.73$179,545
Nov 20221,11713,71485.005.65$172,377
Oct 20221,18915,69487.185.86$195,683
Sep 202295613,20384.888.16$188,930
Aug 20221,20317,03494.529.13$269,180
Jul 20221,17716,394101.587.54$243,205
Jun 20221,17215,904115.097.98$261,755
May 20221,11217,674109.378.43$270,665
Apr 20221,43415,737104.226.84$257,055
Mar 20221,42215,979108.885.08$235,943
Feb 20221,17414,39591.054.86$176,836
Jan 20221,32317,95281.844.54$189,735
Dec 20211,41418,72271.323.90$173,846
Nov 20211,31018,18177.435.24$196,644
Oct 20211,29918,58579.795.71$209,839
Sep 20211,37918,51169.865.35$195,388
Aug 20211,89619,05966.024.22$205,614
Jul 20211,56319,40070.783.98$187,881
Jun 20211,58918,63969.493.38$173,431
May 20211,50519,97963.483.02$155,827
Apr 20211,86020,00360.362.76$167,446
Mar 20212,04921,35261.302.72$183,616
Feb 20211,36315,27257.805.55$163,510
Jan 20211,87219,69050.412.81$149,702
Dec 20201,96419,73644.642.68$140,476
Nov 20202,03820,97938.772.71$135,794
Oct 20202,03922,66736.972.48$131,560
Sep 20201,86419,89837.091.99$108,753
Aug 20202,01721,09639.982.39$130,956
Jul 20202,25221,95738.371.83$126,483
Jun 20202,23522,39834.901.69$115,861
May 20202,51123,95116.921.81$85,951
Apr 20202,37624,46214.751.80$79,185
Mar 20202,39424,76430.341.86$118,602
Feb 20202,69123,92849.881.98$181,621
Jan 20202,76625,96557.252.09$212,743
Dec 20192,50921,24759.012.30$197,017
Nov 20191,81721,76255.302.75$160,341
Oct 20193,26333,75853.472.42$256,118
Sep 20193,09726,71155.052.66$241,468
Aug 20194,18736,54053.112.30$306,573
Jul 20194,91137,93756.272.46$369,669
Jun 20194,90432,29152.782.49$339,276
May 20193,34921,99158.482.74$256,112
Apr 20197776,12062.632.75$65,498
Mar 20193,39226,40956.803.06$273,533
Feb 20193,28024,96850.852.79$236,504
Jan 20193,97927,77446.033.23$272,813
Dec 20184,79627,23746.594.19$337,444
Nov 20184,74927,53152.934.24$368,020
Oct 20184,99029,70361.443.40$407,519
Sep 20184,97829,84959.543.11$389,161
Aug 20185,38731,98559.403.07$418,072
Jul 20185,66933,21265.142.93$466,652
Jun 20185,92134,20760.183.08$461,578
May 20186,54237,33765.382.90$536,023
Apr 20186,83237,96463.842.90$546,281
Mar 20187,61841,71261.222.79$582,619
Feb 20187,43440,11861.782.77$570,244
Jan 20188,75446,09762.874.01$735,182
Dec 20179,49750,28457.272.92$690,799
Nov 20179,98152,01355.423.12$715,342
Oct 201711,19257,61749.292.98$723,564
Sep 201712,07161,86147.523.09$764,596
Aug 201711,55258,62645.373.00$700,250
Jul 201714,17971,14643.873.09$841,680
Jun 201710,30246,92742.493.09$582,609
May 20170045.373.26$0
Apr 20172,22410,36347.933.21$139,878
Mar 201716,22075,52446.772.98$983,949
Feb 201716,55678,02250.452.95$1,065,618
Jan 201718,54783,79649.413.42$1,202,889
Dec 201620,16894,09348.763.72$1,333,684
Nov 201623,738112,39242.492.64$1,305,831
Oct 201624,527111,14746.193.09$1,476,375
Sep 201622,30295,09041.553.10$1,221,487
Aug 201621,23782,10141.442.92$1,120,153
Jul 201619,37373,82441.622.92$1,022,191
Jun 201619,56473,94545.352.69$1,085,831
May 201621,43077,02442.521.99$1,064,561
Apr 201614,42948,60336.561.99$624,295

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           985 bbl  × $106.41 =   $104,814
Gas                7,608 Mcf  × $  3.05 =    $23,173

────────────────────────────────────────────────────
Month total                                 $127,987

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/281295 is the state's own key, not one this site invented.