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 283131District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Jun 2017 – May 2026
Value, last 12 filed months
$349 k
at the published price for each month
Months reported
108
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 Gas112018-04-25221601
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
CondensateDisposition146,297 bbl$8,600,072
GasProduction1,107,558 Mcf$3,618,837
Total$12,218,908

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 28.7536, -98.0113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75359, -98.01132 · 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
12,279 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 12,279 ft.

Completions filed
Mar 2023
1 of 1 wells

1 well

42-2553515714H12,279 ftMar 2023

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 (108)

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

108 months

May 20263882,239106.413.05$48,107
Apr 20264702,79098.932.87$54,504
Mar 20266654,10189.753.15$72,600
Feb 202614038863.503.75$10,345
Jan 202616523859.138.00$11,660
Dec 202521566956.664.41$15,134
Nov 20252792,18058.593.93$24,906
Oct 20252252,53159.383.30$21,725
Sep 20251562,66962.743.08$18,000
Aug 20251923,18363.933.01$21,871
Jul 20252453,42366.743.32$27,699
Jun 20251992,99366.483.13$22,594
May 20251803,40960.553.23$21,918
Apr 20252714,02162.363.54$31,146
Mar 20254833,98067.704.27$49,687
Feb 20253092,88070.884.34$34,404
Jan 20252351,36974.324.28$23,323
Dec 20243493,17568.993.12$33,988
Nov 20243574,18069.052.20$33,840
Oct 20244734,64671.372.28$44,357
Sep 20244714,86269.612.36$44,282
Aug 20244675,21075.632.06$46,071
Jul 20244834,65579.932.15$48,599
Jun 20244903,79278.082.63$48,247
May 20245423,99778.812.20$51,502
Apr 20247823,41984.451.66$71,713
Mar 20245762,69480.301.55$50,415
Feb 20242431,14376.091.78$20,529
Jan 20244521,51773.023.30$38,008
Dec 20237153,81771.262.61$60,916
Nov 20237442,25777.892.81$64,287
Oct 20236891,88185.443.09$64,675
Sep 20239274,33389.042.74$94,391
Aug 20238614,86780.522.67$82,337
Jul 20238333,81974.852.64$72,439
Jun 20239203,62568.962.26$71,630
May 20239193,85370.622.23$73,482
Apr 20232804,94978.122.24$32,948
Mar 20231,0153,12972.852.39$81,431
Feb 20230075.112.47$0
Jan 20231216776.533.39$1,484
Dec 20221713,18076.415.73$31,285
Nov 20222544,57285.005.65$47,404
Oct 20223125,84987.185.86$61,497
Sep 20223295,19684.888.16$70,344
Aug 20222564,05494.529.13$61,199
Jul 20224154,536101.587.54$76,367
Jun 20224343,035115.097.98$74,160
May 20226165,629109.378.43$114,842
Apr 20225936,204104.226.84$104,223
Mar 20227539,002108.885.08$127,684
Feb 20223563,70391.054.86$50,406
Jan 20227498,60181.844.54$100,327
Dec 20219549,79071.323.90$106,212
Nov 20211,18810,48777.435.24$146,906
Oct 20211,43211,98379.795.71$182,729
Sep 20211,03310,17069.865.35$126,584
Aug 20211,45113,04366.024.22$150,844
Jul 20211,72513,79270.783.98$177,016
Jun 20212,08620,71969.493.38$214,999
May 20212002,83963.483.02$21,263
Apr 20216528,73160.362.76$63,438
Mar 20215116,29061.302.72$48,414
Feb 20215226,16357.805.55$64,364
Jan 202190310,72650.412.81$75,663
Dec 20208758,49344.642.68$61,783
Nov 20203213,00138.772.71$20,568
Oct 20207113,47836.972.48$34,906
Sep 20208589,33737.091.99$50,414
Aug 20205256,22139.982.39$35,827
Jul 20207669,33938.371.83$46,436
Jun 20201,14611,73834.901.69$59,836
May 20209447,53916.921.81$29,654
Apr 20201,0107,23914.751.80$27,959
Mar 20203559130.341.86$2,159
Feb 20204213,89149.881.98$28,706
Jan 202015157.252.09$861
Dec 20195173,39859.012.30$38,338
Nov 20195726,56655.302.75$49,693
Oct 201996111,47153.472.42$79,128
Sep 20191,20714,19255.052.66$104,157
Aug 201997011,07353.112.30$77,033
Jul 20196636,73256.272.46$53,868
Jun 20191,36913,48352.782.49$105,845
May 20191,45011,51358.482.74$116,345
Apr 20191,22911,12162.632.75$107,563
Mar 20193655,09156.803.06$36,321
Feb 20198339,02350.852.79$67,552
Jan 20191,56617,12746.033.23$127,372
Dec 20181,75917,42146.594.19$154,866
Nov 20181,91713,84852.934.24$160,144
Oct 20182,08815,57661.443.40$181,215
Sep 20182,20519,40359.543.11$191,590
Aug 20182,78825,34559.403.07$243,329
Jul 20182,82526,81265.142.93$262,630
Jun 20183,34329,13460.183.08$290,825
May 20184,21530,61965.382.90$364,396
Apr 20183,50623,69663.842.90$292,560
Mar 20183,89326,28861.222.79$311,590
Feb 20184,18824,81761.782.77$327,381
Jan 20185,17233,75562.874.01$460,498
Dec 20176,07938,40357.272.92$460,339
Nov 20177,29340,52155.423.12$530,537
Oct 201710,46269,54649.292.98$723,175
Sep 201715,24999,68547.523.09$1,032,388
Aug 201713,67469,68745.373.00$829,757
Jul 20170043.873.09$0
Jun 20170042.493.09$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           388 bbl  × $106.41 =    $41,287
Gas                2,239 Mcf  × $  3.05 =     $6,820

────────────────────────────────────────────────────
Month total                                  $48,107

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/283131 is the state's own key, not one this site invented.