BAILEY-RETZLOFF UNIT AC

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282647District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Mar 2017 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
111
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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 Gas112017-12-20221201
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
CondensateDisposition89,468 bbl$4,715,318
GasProduction771,411 Mcf$2,391,574
Total$7,106,892

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 28.7714, -97.9876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77142, -97.98762 · 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
12,194 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 12,194 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-255351313H12,194 ftApr 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 (111)

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

111 months

May 20261151,745106.413.05$17,552
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20265063.503.75$318
Jan 202630259.138.00$1,790
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20257163.933.01$451
Jul 20252066.743.32$133
Jun 20253066.483.13$199
May 2025639860.553.23$4,131
Apr 202514490262.363.54$12,176
Mar 2025671,40267.704.27$10,520
Feb 202549670.884.34$3,499
Jan 202556774.324.28$4,192
Dec 202411046068.993.12$9,025
Nov 20244843569.052.20$4,271
Oct 20242582,73171.372.28$24,644
Sep 20242733,26169.612.36$26,714
Aug 20243424,26775.632.06$34,671
Jul 20242983,52779.932.15$31,390
Jun 20241893,25778.082.63$23,336
May 20244013,37078.812.20$39,012
Apr 20243872,35684.451.66$36,591
Mar 20243412,35880.301.55$31,026
Feb 20242032,54776.091.78$19,989
Jan 2024781,08873.023.30$9,283
Dec 20232071.262.61$143
Nov 2023971,13377.892.81$10,736
Oct 20232503,02185.443.09$30,687
Sep 2023901,24089.042.74$11,405
Aug 20231391,97780.522.67$16,477
Jul 2023871,04674.852.64$9,275
Jun 20231581,75868.962.26$14,866
May 20232442,54070.622.23$22,889
Apr 20232672,44378.122.24$26,325
Mar 20232902,32372.852.39$26,686
Feb 20232222,05175.112.47$21,732
Jan 20231172,69576.533.39$18,084
Dec 20221312,87976.415.73$26,504
Nov 20225543,12785.005.65$64,746
Oct 20226036,41987.185.86$90,209
Sep 202212499984.888.16$18,681
Aug 20221482,09494.529.13$33,101
Jul 202210101.587.54$102
Jun 2022841,052115.097.98$18,060
May 20221171,468109.378.43$25,176
Apr 20221942,212104.226.84$35,343
Mar 20221301,915108.885.08$23,876
Feb 20221312,22891.054.86$22,753
Jan 20221151,53081.844.54$16,354
Dec 20211221,60971.323.90$14,975
Nov 20211141,18777.435.24$15,043
Oct 20211571,95179.795.71$23,675
Sep 2021671,19569.865.35$11,075
Aug 20211892,28766.024.22$22,130
Jul 20211752,28670.783.98$21,490
Jun 20212393,19969.493.38$27,423
May 20211763,57663.483.02$21,964
Apr 20211863,10460.362.76$19,789
Mar 20211962,73361.302.72$19,440
Feb 20211451,89957.805.55$18,917
Jan 20211762,19750.412.81$15,046
Dec 20202754,70844.642.68$24,872
Nov 20203726,93238.772.71$33,184
Oct 20203617,04736.972.48$30,812
Sep 20203555,01637.091.99$23,154
Aug 20203785,20039.982.39$27,515
Jul 20204433,79038.371.83$23,915
Jun 20204254,11034.901.69$21,780
May 20204075,76416.921.81$17,347
Apr 20203575,62214.751.80$15,410
Mar 20202002,20330.341.86$10,157
Feb 20204146,11649.881.98$32,764
Jan 20205766,84457.252.09$47,312
Dec 20194905,78459.012.30$42,243
Nov 20193644,74855.302.75$33,190
Oct 20194635,91553.472.42$39,062
Sep 20194435,34655.052.66$38,593
Aug 20193876,05753.112.30$34,511
Jul 20194495,66956.272.46$39,211
Jun 20194665,78852.782.49$39,015
May 20198226,12458.482.74$64,852
Apr 20199098,10862.632.75$79,233
Mar 20191,1469,06756.803.06$92,857
Feb 20197897,80950.852.79$61,925
Jan 20197747,79146.033.23$60,778
Dec 20185145,01846.594.19$44,950
Nov 20186708,75052.934.24$72,539
Oct 20187319,11361.443.40$75,879
Sep 201882411,28459.543.11$84,132
Aug 20181,00012,39859.403.07$97,419
Jul 20181,04413,10665.142.93$106,431
Jun 20181,16813,35360.183.08$111,376
May 20181,33016,69065.382.90$135,370
Apr 20181,88116,69063.842.90$168,497
Mar 20181,72718,26761.222.79$156,634
Feb 20181,65618,12161.782.77$152,433
Jan 20182,13223,60162.874.01$228,663
Dec 20172,16415,96657.272.92$170,577
Nov 20172,52021,13155.423.12$205,552
Oct 20173,17326,95449.292.98$236,819
Sep 20174,08029,59847.523.09$285,259
Aug 20173,64029,58545.373.00$254,032
Jul 20176,68545,42943.873.09$433,523
Jun 20178,12952,97242.493.09$508,941
May 201711,76369,96045.373.26$761,995
Apr 201710,86662,67447.933.21$722,091
Mar 20170046.772.98$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           115 bbl  × $106.41 =    $12,237
Gas                1,745 Mcf  × $  3.05 =     $5,315

────────────────────────────────────────────────────
Month total                                  $17,552

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/282647 is the state's own key, not one this site invented.