MORGAN 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 283162District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.8 M
Jan 2017 – May 2026
Value, last 12 filed months
$387 k
at the published price for each month
Months reported
113
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 Gas112018-09-28222713
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
CondensateDisposition176,680 bbl$10,677,266
GasProduction983,321 Mcf$3,115,772
Total$13,793,039

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 28.8041, -97.9936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80409, -97.99363 · 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
11,838 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 11,838 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-255350996H11,838 ftOct 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 (113)

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

113 months

May 2026100106.413.05$1,064
Apr 20264863,46898.932.87$58,032
Mar 20264563,70589.753.15$52,595
Feb 20263973,85063.503.75$39,648
Jan 20264154,50859.138.00$60,594
Dec 20253363,38156.664.41$33,959
Nov 20254054,44558.593.93$41,182
Oct 20255113,80559.383.30$42,918
Sep 20254521,95762.743.08$34,380
Aug 20252362,40463.933.01$22,335
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20253070.884.34$213
Jan 202566774.324.28$4,935
Dec 20243332,12868.993.12$29,616
Nov 20242571,42369.052.20$20,874
Oct 20244073,81971.372.28$37,760
Sep 20242483,51169.612.36$25,565
Aug 20242963,49475.632.06$29,597
Jul 20243513,04179.932.15$34,583
Jun 20245163,71278.082.63$50,067
May 20245722,97878.812.20$51,626
Apr 20243123,61484.451.66$32,345
Mar 20243423,35180.301.55$32,640
Feb 20243923,27476.091.78$35,667
Jan 20247513,81073.023.30$67,402
Dec 20235533,88071.262.61$49,536
Nov 20235334,28077.892.81$53,532
Oct 20230085.443.09$0
Sep 202327489.042.74$380
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20231068.962.26$69
May 20232938170.622.23$2,897
Apr 20233492,14878.122.24$32,071
Mar 20235933,52372.852.39$51,631
Feb 20238860375.112.47$8,096
Jan 20234432,37476.533.39$41,945
Dec 20223591,48876.415.73$35,956
Nov 20227762,47485.005.65$79,929
Oct 20225792,29187.185.86$63,911
Sep 20227332,99384.888.16$86,651
Aug 20228253,21894.529.13$107,350
Jul 20226203,971101.587.54$92,929
Jun 20225963,686115.097.98$97,998
May 2022326807109.378.43$42,460
Apr 20221,1514,627104.226.84$151,595
Mar 20221,3916,956108.885.08$186,764
Feb 20221,0084,23291.054.86$112,341
Jan 20221,2805,04381.844.54$127,639
Dec 20211,4545,35771.323.90$124,587
Nov 20211,7705,46877.435.24$165,686
Oct 20211,3746,27679.795.71$145,492
Sep 20217944,58369.865.35$79,992
Aug 20217634,48266.024.22$69,290
Jul 20219514,92170.783.98$86,908
Jun 20216613,39269.493.38$57,400
May 20211,1685,03763.483.02$89,345
Apr 20211,2994,87360.362.76$91,849
Mar 20211,4187,76861.302.72$108,029
Feb 20218256,30357.805.55$82,654
Jan 20211,48610,50950.412.81$104,442
Dec 20206646,97444.642.68$48,300
Nov 20208695,87538.772.71$49,592
Oct 20209505,81036.972.48$49,521
Sep 20201,3596,63137.091.99$63,608
Aug 20201,0576,78939.982.39$58,451
Jul 20201,1508,46338.371.83$59,571
Jun 20201,1718,56034.901.69$55,337
May 20201,0058,04516.921.81$31,604
Apr 20207345,01014.751.80$19,866
Mar 20201,36113,66330.341.86$66,654
Feb 20201,28210,26349.881.98$84,274
Jan 20208916,93857.252.09$65,543
Dec 20191,4459,16359.012.30$106,384
Nov 20191,92512,54755.302.75$140,966
Oct 20191,70411,69153.472.42$119,388
Sep 20191,55111,72955.052.66$116,550
Aug 20191,47912,36553.112.30$107,043
Jul 20191,85512,93656.272.46$136,204
Jun 20192,23813,12252.782.49$150,811
May 20192,58316,29258.482.74$195,699
Apr 20191,98814,97062.632.75$165,686
Mar 20192,70614,84456.803.06$199,155
Feb 20192,51013,75850.852.79$166,049
Jan 20192,99919,27446.033.23$200,264
Dec 20182,92619,26146.594.19$216,938
Nov 20182,71620,21752.934.24$229,422
Oct 20183,01024,90261.443.40$269,553
Sep 20183,26723,28359.543.11$266,881
Aug 20184,30228,65059.403.07$343,396
Jul 20184,98731,01865.142.93$415,794
Jun 20185,14832,71560.183.08$410,468
May 20186,41137,56765.382.90$528,126
Apr 20188,02942,21863.842.90$635,037
Mar 20188,34647,57461.222.79$643,523
Feb 20188,28442,35861.782.77$628,953
Jan 201811,74854,76362.874.01$958,159
Dec 201714,65453,11257.272.92$994,402
Nov 201714,08246,13555.423.12$924,290
Oct 20176,54626,13349.292.98$400,625
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
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

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            10 bbl  × $106.41 =     $1,064
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,064

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/283162 is the state's own key, not one this site invented.