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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 281416District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.5 M
Mar 2016 – May 2026
Value, last 12 filed months
$489 k
at the published price for each month
Months reported
123
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 Gas112017-02-23219969
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
CondensateDisposition396,096 bbl$19,584,208
GasProduction2,269,178 Mcf$6,965,398
Total$26,549,606

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 29.0340, -97.5375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03397, -97.53754 · 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
13,650 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 13,650 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-1233415507H13,650 ftMar 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 (123)

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

123 months

May 2026224842106.413.05$26,400
Apr 202616468898.932.87$18,199
Mar 20265224,70189.753.15$61,655
Feb 20260063.503.75$0
Jan 20264093,39759.138.00$51,353
Dec 20254924,18556.664.41$46,347
Nov 20254333,87458.593.93$40,581
Oct 20254464,35559.383.30$40,876
Sep 20254263,92062.743.08$38,789
Aug 20254804,06863.933.01$42,950
Jul 20254734,13466.743.32$45,273
Jun 20258696,05566.483.13$76,716
May 20253091,18560.553.23$22,540
Apr 20252971,30762.363.54$23,152
Mar 20254322,60967.704.27$40,382
Feb 20255714,06570.884.34$58,118
Jan 20258444,43674.324.28$81,706
Dec 20247925,03568.993.12$70,356
Nov 20249225,10869.052.20$74,894
Oct 20249134,88171.372.28$76,296
Sep 20246284,09969.612.36$53,407
Aug 20247595,00675.632.06$67,734
Jul 20248905,78079.932.15$83,545
Jun 20248444,59778.082.63$78,008
May 20241,1677,12478.812.20$107,633
Apr 20245812,75784.451.66$53,640
Mar 20243282,83880.301.55$30,723
Feb 20246004,75176.091.78$54,128
Jan 20246785,47273.023.30$67,552
Dec 20237125,93971.262.61$66,242
Nov 20236645,90777.892.81$68,303
Oct 20236225,85585.443.09$71,220
Sep 20235435,89589.042.74$64,472
Aug 20235986,02480.522.67$64,252
Jul 20235916,16574.852.64$60,523
Jun 20235346,01568.962.26$50,409
May 20235806,64670.622.23$55,763
Apr 20235296,45678.122.24$55,772
Mar 20235836,87772.852.39$58,929
Feb 20235806,31675.112.47$59,137
Jan 20237817,44876.533.39$85,002
Dec 20223633,47976.415.73$47,668
Nov 20225285,45585.005.65$75,680
Oct 20226936,54087.185.86$98,765
Sep 20226156,67884.888.16$106,718
Aug 20227386,99394.529.13$133,582
Jul 20227097,074101.587.54$125,373
Jun 20227237,095115.097.98$139,808
May 20226618,022109.378.43$139,943
Apr 20225445,203104.226.84$92,272
Mar 20227757,192108.885.08$120,891
Feb 20226416,62591.054.86$90,553
Jan 20228157,37381.844.54$100,156
Dec 20217567,53771.323.90$83,306
Nov 20216917,44077.435.24$92,466
Oct 20216027,48279.795.71$90,785
Sep 20217017,91469.865.35$91,319
Aug 20211,0468,58666.024.22$105,295
Jul 20218479,06170.783.98$96,032
Jun 20218538,79769.493.38$89,014
May 20218189,28763.483.02$79,952
Apr 20219159,41860.362.76$81,208
Mar 20211,08112,80661.302.72$101,058
Feb 20217919,54457.805.55$98,669
Jan 20211,02911,49850.412.81$84,184
Dec 202097210,86044.642.68$72,446
Nov 20208769,34438.772.71$59,253
Oct 20208689,63136.972.48$55,960
Sep 20208869,75637.091.99$52,286
Aug 202093110,65139.982.39$62,625
Jul 20201,05810,98038.371.83$60,635
Jun 202098210,85134.901.69$52,613
May 20201,11611,73116.921.81$40,172
Apr 202094310,28914.751.80$32,475
Mar 20201,12112,96930.341.86$58,085
Feb 20208478,00549.881.98$58,104
Jan 20201,17012,34557.252.09$92,842
Dec 20191,33513,94059.012.30$110,901
Nov 20191,40215,54255.302.75$120,282
Oct 20191,1429,64253.472.42$84,382
Sep 20191,50110,29655.052.66$109,989
Aug 20191,62310,48353.112.30$110,354
Jul 20191,63210,66056.272.46$118,057
Jun 20191,52510,57552.782.49$106,834
May 20191,99115,01058.482.74$157,566
Apr 20194563,17762.632.75$37,298
Mar 20191,91713,41956.803.06$149,976
Feb 20191,80312,84350.852.79$127,543
Jan 20192,17214,83046.033.23$147,851
Dec 20182,37315,70846.594.19$176,303
Nov 20182,28515,58952.934.24$186,999
Oct 20182,49717,54361.443.40$213,028
Sep 20182,38616,73459.543.11$194,072
Aug 20182,57217,94859.403.07$207,815
Jul 20182,75619,68365.142.93$237,234
Jun 20182,78319,97760.183.08$228,949
May 20183,05222,31965.382.90$264,283
Apr 20183,20423,30963.842.90$272,158
Mar 20183,60126,52461.222.79$294,371
Feb 20183,57926,04561.782.77$293,154
Jan 20184,63629,07662.874.01$408,040
Dec 20175,35032,52657.272.92$401,420
Nov 20175,66834,63655.423.12$422,128
Oct 20176,53338,91749.292.98$438,127
Sep 20177,33641,43147.523.09$476,516
Aug 20177,57842,29445.373.00$470,882
Jul 20178,83749,04643.873.09$539,098
Jun 20179,86652,10942.493.09$580,081
May 201710,79157,17345.373.26$676,166
Apr 201711,57159,67747.933.21$746,257
Mar 201712,10460,07846.772.98$745,358
Feb 201711,93760,12950.452.95$779,759
Jan 201714,76875,46049.413.42$987,670
Dec 201616,95885,83648.763.72$1,146,425
Nov 201618,91393,57142.492.64$1,051,048
Oct 201619,98696,84246.193.09$1,222,420
Sep 201618,09685,37341.553.10$1,016,599
Aug 201618,31482,24941.442.92$999,456
Jul 201616,94871,85941.622.92$915,516
Jun 201616,87770,09245.352.69$953,627
May 201618,79574,93542.521.99$948,362
Apr 201621,05378,15536.561.99$925,307
Mar 201610,07934,59533.011.79$394,772

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           224 bbl  × $106.41 =    $23,836
Gas                  842 Mcf  × $  3.05 =     $2,565

────────────────────────────────────────────────────
Month total                                  $26,400

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/281416 is the state's own key, not one this site invented.