KENNEDY

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 281497District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Sep 2016 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
117
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 Gas112017-04-12220143
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
CondensateDisposition159,724 bbl$8,339,122
GasProduction1,186,610 Mcf$3,869,179
Total$12,208,301

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 28.7389, -98.0036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73894, -98.00361 · 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
12,419 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 12,419 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-2553484313H12,419 ftSep 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 (117)

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

117 months

May 202612671106.413.05$13,624
Apr 2026716598.932.87$7,211
Mar 2026415689.753.15$3,856
Feb 2026364563.503.75$2,455
Jan 202630259.138.00$1,790
Dec 202521256.664.41$1,199
Nov 20259992258.593.93$9,421
Oct 20251421,48159.383.30$13,326
Sep 20251191,82062.743.08$13,066
Aug 20251471,95563.933.01$15,292
Jul 2025602,43166.743.32$12,064
Jun 2025542,41966.483.13$11,158
May 2025432,54760.553.23$10,836
Apr 20252162,55262.363.54$22,512
Mar 20255314,36067.704.27$54,559
Feb 20257154,27670.884.34$69,241
Jan 20256084,85074.324.28$65,938
Dec 20241,1436,21868.993.12$98,264
Nov 20244525,36569.052.20$43,005
Oct 20244535,08571.372.28$43,932
Sep 20244525,26669.612.36$43,914
Aug 20243023,26575.632.06$29,578
Jul 20243736,04979.932.15$42,799
Jun 20242754,66878.082.63$33,767
May 20243866,09578.812.20$43,820
Apr 20243493,88584.451.66$35,919
Mar 20244986,72780.301.55$50,383
Feb 20245686,96276.091.78$55,637
Jan 20245035,67173.023.30$55,430
Dec 20238286,11771.262.61$74,973
Nov 20235235,59677.892.81$56,448
Oct 20235445,88385.443.09$64,642
Sep 20233696,07089.042.74$49,457
Aug 20234596,30180.522.67$53,801
Jul 20233817,27674.852.64$47,740
Jun 20233336,48768.962.26$37,614
May 20233294,94470.622.23$34,246
Apr 20233185,03278.122.24$36,103
Mar 20233164,98872.852.39$34,958
Feb 20233275,00475.112.47$36,899
Jan 20233395,62276.533.39$44,989
Dec 20224006,36176.415.73$67,007
Nov 20224476,38985.005.65$74,069
Oct 20223515,23687.185.86$61,303
Sep 20223475,27184.888.16$72,484
Aug 20223755,50194.529.13$85,654
Jul 20222785,259101.587.54$67,903
Jun 20221256,517115.097.98$66,374
May 20221496,542109.378.43$71,465
Apr 20223447,861104.226.84$89,602
Mar 20223448,071108.885.08$78,426
Feb 20224946,93091.054.86$78,650
Jan 20224076,72481.844.54$63,820
Dec 20214506,43171.323.90$57,169
Nov 20215617,33077.435.24$81,824
Oct 20215386,91279.795.71$82,421
Sep 20214716,47169.865.35$67,530
Aug 20212715,01466.024.22$39,053
Jul 20215585,89370.783.98$62,962
Jun 20212965,35369.493.38$38,666
May 20215145,91663.483.02$50,481
Apr 20214255,40560.362.76$40,562
Mar 20213065,32561.302.72$33,226
Feb 20214262,38657.805.55$37,860
Jan 20217044,16550.412.81$47,193
Dec 20208334,66044.642.68$49,653
Nov 20207003,92538.772.71$37,762
Oct 20206344,52836.972.48$34,661
Sep 20207915,38837.091.99$40,066
Aug 20207796,45239.982.39$46,533
Jul 20207816,39838.371.83$41,644
Jun 20207865,77134.901.69$37,186
May 20207686,38716.921.81$24,585
Apr 20205136,77914.751.80$19,799
Mar 20206106,88030.341.86$31,278
Feb 20205346,91849.881.98$40,338
Jan 20206277,05357.252.09$50,670
Dec 20197417,83859.012.30$61,788
Nov 20195507,91655.302.75$52,190
Oct 20191,0617,56853.472.42$75,035
Sep 20198975,22355.052.66$63,259
Aug 20192775,76853.112.30$28,003
Jul 20195128,49556.272.46$49,708
Jun 20197187,97852.782.49$57,771
May 20194609,24558.482.74$52,235
Apr 20196896,62062.632.75$61,362
Mar 20191,52711,03356.803.06$120,518
Feb 20199466,91650.852.79$67,415
Jan 20198609,05046.033.23$68,801
Dec 20181,47116,43946.594.19$137,338
Nov 20189077,80352.934.24$81,071
Oct 20187987,34361.443.40$73,981
Sep 20181,1218,08359.543.11$91,866
Aug 20181,2239,49459.403.07$101,760
Jul 20181,34310,58465.142.93$118,514
Jun 20181,51312,03260.183.08$128,074
May 20181,4929,17565.382.90$124,162
Apr 20181,1158,59863.842.90$96,123
Mar 20181,2279,56561.222.79$101,773
Feb 20181,27410,67061.782.77$108,222
Jan 20181,62713,78362.874.01$157,550
Dec 20171,92315,81457.272.92$156,331
Nov 20172,22017,54855.423.12$177,753
Oct 20172,85521,48049.292.98$204,812
Sep 20173,70331,91647.523.09$274,500
Aug 20173,78333,06145.373.00$270,963
Jul 20174,27331,66043.873.09$285,200
Jun 20174,23725,28842.493.09$258,101
May 20174,52825,92845.373.26$290,049
Apr 20175,55031,21847.933.21$366,271
Mar 20176,28035,98246.772.98$401,074
Feb 20177,07540,83650.452.95$477,506
Jan 20179,17251,12849.413.42$627,985
Dec 201611,63259,70048.763.72$789,429
Nov 201612,75868,20842.492.64$722,453
Oct 201619,53083,25746.193.09$1,159,376
Sep 20164,04017,53541.553.10$222,232

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           126 bbl  × $106.41 =    $13,408
Gas                   71 Mcf  × $  3.05 =       $216

────────────────────────────────────────────────────
Month total                                  $13,624

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/281497 is the state's own key, not one this site invented.