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 281498District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Sep 2016 – May 2026
Value, last 12 filed months
$102 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 Gas112017-04-12220142
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
CondensateDisposition179,008 bbl$9,410,923
GasProduction1,324,347 Mcf$4,171,193
Total$13,582,115

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 28.7366, -98.0036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73655, -98.00357 · 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
12,355 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 12,355 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-25534844512H12,355 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 202622399106.413.05$3,556
Apr 20261720898.932.87$2,279
Mar 20266442689.753.15$7,086
Feb 20261712263.503.75$1,537
Jan 20265059.138.00$296
Dec 2025083856.664.41$3,698
Nov 20250058.593.93$0
Oct 2025114359.383.30$795
Sep 20251291,03462.743.08$11,275
Aug 20252301,49763.933.01$19,217
Jul 20253292,54366.743.32$30,388
Jun 20252302,15766.483.13$22,039
May 20252301,60360.553.23$19,108
Apr 20252191,07262.363.54$17,455
Mar 20252331,22167.704.27$20,986
Feb 202516691070.884.34$15,716
Jan 20252982,19074.324.28$31,518
Dec 20243737,48968.993.12$49,109
Nov 20243803,12369.052.20$33,105
Oct 20246541,83971.372.28$50,871
Sep 20242843,90169.612.36$28,993
Aug 20244714,78775.632.06$45,500
Jul 20245354,40379.932.15$52,214
Jun 20244424,81278.082.63$47,186
May 20246948,61578.812.20$73,634
Apr 20246667,41884.451.66$68,552
Mar 202467013,01380.301.55$73,908
Feb 20245469,93776.091.78$59,269
Jan 20243774,18473.023.30$41,326
Dec 20234513,58671.262.61$41,500
Nov 20234703,74777.892.81$47,128
Oct 20237733,47985.443.09$76,786
Sep 20234843,96289.042.74$53,932
Aug 202323910080.522.67$19,512
Jul 202317916374.852.64$13,829
Jun 20232123,06468.962.26$21,540
May 20231842,43770.622.23$18,422
Apr 20232094,79278.122.24$27,050
Mar 20232604,12672.852.39$28,815
Feb 20233083,79275.112.47$32,484
Jan 20233484,40976.533.39$41,569
Dec 20223094,62876.415.73$50,125
Nov 20223264,83085.005.65$54,981
Oct 20223714,60787.185.86$59,358
Sep 20223814,19584.888.16$66,586
Aug 20223874,57294.529.13$78,309
Jul 20222353,774101.587.54$52,335
Jun 20224154,486115.097.98$83,548
May 20225093,314109.378.43$83,616
Apr 20224922,807104.226.84$70,469
Mar 20225073,019108.885.08$70,528
Feb 20223912,64591.054.86$48,452
Jan 20224634,88381.844.54$60,049
Dec 20217835,65171.323.90$77,877
Nov 20216195,97577.435.24$79,219
Oct 20215365,85879.795.71$76,239
Sep 20215615,24469.865.35$67,252
Aug 20215265,11366.024.22$56,306
Jul 20215926,23370.783.98$66,722
Jun 20215655,76769.493.38$58,758
May 20215065,22663.483.02$47,891
Apr 20215375,12860.362.76$46,559
Mar 20215836,05261.302.72$52,181
Feb 20214805,37857.805.55$57,581
Jan 20216597,42350.412.81$54,081
Dec 20205375,32644.642.68$38,221
Nov 20206176,83238.772.71$42,412
Oct 20205816,23436.972.48$36,930
Sep 20202281937.091.99$2,447
Aug 20204436,97839.982.39$34,354
Jul 20202487,11138.371.83$22,494
Jun 20203007,31634.901.69$22,836
May 20201,1717,24416.921.81$32,959
Apr 20201,2367,48314.751.80$31,733
Mar 20201,3177,25930.341.86$53,432
Feb 20201,4717,69949.881.98$88,623
Jan 20201,0487,49257.252.09$75,692
Dec 20197658,18359.012.30$63,999
Nov 20198058,66055.302.75$68,338
Oct 20199167,24753.472.42$66,506
Sep 20191,5848,89755.052.66$110,841
Aug 20193124,24253.112.30$26,345
Jul 201991610,17156.272.46$76,565
Jun 20191,21210,37552.782.49$89,816
May 20191,2719,46758.482.74$100,271
Apr 20191,0468,17162.632.75$87,987
Mar 20191,46513,41756.803.06$124,296
Feb 20191,29810,10850.852.79$94,227
Jan 20191,8299,94146.033.23$116,280
Dec 20183094,08546.594.19$31,494
Nov 20181,03410,26952.934.24$98,242
Oct 20181,24511,56561.443.40$115,792
Sep 20181,37712,79259.543.11$121,744
Aug 20181,51816,34559.403.07$140,292
Jul 20181,99318,52165.142.93$184,125
Jun 20181,88319,16660.183.08$172,291
May 20182,25721,13965.382.90$208,883
Apr 20182,03720,06563.842.90$188,247
Mar 20182,08920,95361.222.79$186,281
Feb 20181,93020,74061.782.77$176,605
Jan 20182,18823,61262.874.01$232,228
Dec 20172,45025,63957.272.92$215,216
Nov 20172,58124,39055.423.12$219,096
Oct 20173,00426,37349.292.98$226,756
Sep 20173,12229,00347.523.09$237,898
Aug 20172,93723,13045.373.00$202,743
Jul 20174,25231,34043.873.09$283,291
Jun 20174,13331,10942.493.09$271,653
May 20175,73040,35145.373.26$391,652
Apr 20176,40043,09547.933.21$445,156
Mar 20177,22647,96046.772.98$481,057
Feb 20177,92151,30250.452.95$551,089
Jan 201710,83362,77949.413.42$749,887
Dec 201612,80273,84848.763.72$899,149
Nov 201615,08578,68842.492.64$849,040
Oct 201620,48890,14146.193.09$1,224,900
Sep 20163,63215,02641.553.10$197,500

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            22 bbl  × $106.41 =     $2,341
Gas                  399 Mcf  × $  3.05 =     $1,215

────────────────────────────────────────────────────
Month total                                   $3,556

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/281498 is the state's own key, not one this site invented.