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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 281417District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.5 M
Nov 2015 – May 2026
Value, last 12 filed months
$797 k
at the published price for each month
Months reported
127
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-1112020-09-21227956

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
CondensateDisposition354,705 bbl$19,723,648
GasProduction2,194,120 Mcf$6,797,845
Total$26,521,493

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 29.0501, -97.5447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05012, -97.54469 · 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
13,607 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 13,607 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-1233411302H13,607 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 (127)

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

127 months

May 2026329701106.413.05$37,144
Apr 20267961,13898.932.87$82,014
Mar 20269141,79889.753.15$87,694
Feb 20269591,83163.503.75$67,763
Jan 20267515,05359.138.00$84,820
Dec 20251,2214,69456.664.41$89,898
Nov 20257972,24158.593.93$55,495
Oct 20259023,77559.383.30$66,037
Sep 20257883,00062.743.08$58,670
Aug 20255822,84263.933.01$45,775
Jul 20255971,33166.743.32$44,256
Jun 20251,0991,32466.483.13$77,204
May 20251,3232,15660.553.23$87,077
Apr 20258494,57762.363.54$69,161
Mar 20258706,99867.704.27$88,769
Feb 20252710270.884.34$2,357
Jan 20258534,61774.324.28$83,150
Dec 20249155,52668.993.12$80,375
Nov 20249115,73869.052.20$75,519
Oct 20249925,82471.372.28$84,086
Sep 20241,0226,29769.612.36$86,030
Aug 20249656,23375.632.06$85,846
Jul 20249846,24379.932.15$92,052
Jun 20248745,75778.082.63$83,406
May 20249275,86478.812.20$85,949
Apr 20248545,58884.451.66$81,392
Mar 20248985,62680.301.55$80,802
Feb 20248025,77476.091.78$71,323
Jan 20248695,66273.023.30$82,126
Dec 20237756,24171.262.61$71,520
Nov 20232952,57477.892.81$30,204
Oct 20234922,97685.443.09$51,224
Sep 20238386,15989.042.74$91,461
Aug 20238775,64780.522.67$85,710
Jul 20231,0896,41974.852.64$98,469
Jun 20231,1236,44568.962.26$91,998
May 20231,2407,28470.622.23$103,793
Apr 20231,1946,91378.122.24$108,745
Mar 20231,0556,97472.852.39$93,547
Feb 20239446,57775.112.47$87,121
Jan 20231,0176,91676.533.39$101,260
Dec 202289610,40576.415.73$128,074
Nov 20229557,13885.005.65$121,478
Oct 20221,1087,89687.185.86$142,896
Sep 20229547,85084.888.16$145,060
Aug 20229888,33494.529.13$169,452
Jul 20228888,645101.587.54$155,404
Jun 20221,0708,412115.097.98$190,251
May 20229598,594109.378.43$177,359
Apr 20221,2788,435104.226.84$190,868
Mar 20221,3098,439108.885.08$185,364
Feb 20221,0857,37791.054.86$134,633
Jan 20221,1088,73381.844.54$130,306
Dec 20211,3749,72471.323.90$135,909
Nov 20211,3439,58477.435.24$154,178
Oct 20211,33610,96979.795.71$169,275
Sep 20219788,75369.865.35$115,160
Aug 20211,3839,78566.024.22$132,604
Jul 20211,14311,25470.783.98$125,716
Jun 20211,18911,56069.493.38$121,704
May 20211,24112,48063.483.02$116,439
Apr 20211,42612,64760.362.76$120,959
Mar 20211,57413,76261.302.72$133,877
Feb 20211,19212,36357.805.55$137,487
Jan 20211,55215,05150.412.81$120,534
Dec 20201,64515,71244.642.68$115,470
Nov 20201,68815,50338.772.71$107,404
Oct 20202,08017,74236.972.48$120,870
Sep 20201,99718,74737.091.99$111,395
Aug 20202,16120,20539.982.39$134,588
Jul 20202,83720,67538.371.83$146,590
Jun 20202,86119,82934.901.69$133,366
May 20203,27922,95716.921.81$97,142
Apr 20203,54925,48714.751.80$98,336
Mar 20204,04827,87930.341.86$174,566
Feb 20204,84131,61849.881.98$304,094
Jan 20205,81138,19957.252.09$412,697
Dec 20196,94448,36359.012.30$521,211
Nov 20197,38965,94655.302.75$590,009
Oct 201913,59894,43753.472.42$955,485
Sep 20193,84817,04855.052.66$257,134
Aug 20191,1236,78653.112.30$75,280
Jul 20191,77910,35356.272.46$125,573
Jun 20192,02111,55752.782.49$135,459
May 20192,38213,45658.482.74$176,173
Apr 20192,31910,78662.632.75$174,908
Mar 20194772,74656.803.06$35,502
Feb 20192,28313,40350.852.79$153,515
Jan 20192,77416,38946.033.23$180,594
Dec 20182,99617,89446.594.19$214,478
Nov 20183,16819,11352.934.24$248,669
Oct 20183,53221,51761.443.40$290,123
Sep 20183,75823,04159.543.11$295,363
Aug 20184,24625,15759.403.07$329,358
Jul 20184,67928,87165.142.93$389,436
Jun 20185,18233,11460.183.08$413,742
May 20186,16141,29265.382.90$522,586
Apr 20187,16348,36663.842.90$597,586
Mar 20188,65857,62161.222.79$690,623
Feb 20189,32360,10661.782.77$742,235
Jan 201812,43078,63262.874.01$1,096,735
Dec 201714,82785,45957.272.92$1,098,812
Nov 201716,81394,86455.423.12$1,227,597
Oct 201721,232120,53849.292.98$1,406,172
Sep 201724,203135,05647.523.09$1,567,082
Aug 201720,635106,37245.373.00$1,255,794
Jul 201720,828104,50743.873.09$1,236,367
Jun 201717,19979,15242.493.09$975,150
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
Nov 20150038.792.17$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           329 bbl  × $106.41 =    $35,009
Gas                  701 Mcf  × $  3.05 =     $2,135

────────────────────────────────────────────────────
Month total                                  $37,144

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/281417 is the state's own key, not one this site invented.