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MAY B UNIT

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 283429District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.0 M
Jul 2017 – May 2026
Value, last 12 filed months
$749 k
at the published price for each month
Months reported
107
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (EAGLE FORD) field

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 Gas112018-05-17221802
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
CondensateDisposition178,117 bbl$10,269,940
GasProduction1,666,687 Mcf$5,773,094
Total$16,043,034

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 28.7999, -97.9573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79992, -97.95726 · 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
12,362 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 12,362 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-2553513424H12,362 ftJul 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 (107)

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

107 months

May 202699516,718106.413.05$156,798
Apr 202683116,42698.932.87$129,349
Mar 202672717,75589.753.15$121,167
Feb 202620251463.503.75$14,755
Jan 20261624,39759.138.00$44,746
Dec 20250056.664.41$0
Nov 20255058.593.93$293
Oct 20252527,74659.383.30$40,563
Sep 20251281,86562.743.08$13,769
Aug 202567211,59763.933.01$77,923
Jul 202577111,85566.743.32$90,758
Jun 20254948,25866.483.13$58,678
May 20255917,89760.553.23$61,311
Apr 20254987,46262.363.54$57,494
Mar 202559110,96667.704.27$86,817
Feb 202547510,68770.884.34$80,059
Jan 20253735,68474.324.28$52,041
Dec 20241452,38268.993.12$17,439
Nov 20241803,08969.052.20$19,220
Oct 20245678,50971.372.28$59,879
Sep 20245606,77869.612.36$55,007
Aug 20244093,81575.632.06$38,805
Jul 20243532,31779.932.15$33,189
Jun 202427792378.082.63$24,059
May 20249178.812.20$711
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20241173.023.30$76
Dec 2023192471.262.61$1,417
Nov 202319839377.892.81$16,526
Oct 20234466,81385.443.09$59,140
Sep 20234305,14989.042.74$52,370
Aug 20234274,51780.522.67$46,455
Jul 20231191,47674.852.64$12,806
Jun 20232338,02168.962.26$34,183
May 20232574,10770.622.23$27,297
Apr 20234755178.122.24$4,905
Mar 20234762,89272.852.39$41,598
Feb 20232846375.112.47$3,245
Jan 20231886,90776.533.39$37,787
Dec 20221,32314,26676.415.73$182,821
Nov 202254213,09385.005.65$119,996
Oct 202240613,55487.185.86$114,872
Sep 202259713,07184.888.16$157,381
Aug 202258512,36494.529.13$168,142
Jul 202261113,336101.587.54$162,647
Jun 202259713,591115.097.98$177,127
May 202259114,831109.378.43$189,708
Apr 202261114,200104.226.84$160,772
Mar 202266714,916108.885.08$148,343
Feb 202271211,63191.054.86$121,341
Jan 202276711,31081.844.54$114,092
Dec 202175412,15771.323.90$101,177
Nov 202180510,07277.435.24$115,077
Oct 202192412,36879.795.71$144,395
Sep 202179813,07269.865.35$125,696
Aug 202166910,08866.024.22$86,745
Jul 20216678,76170.783.98$82,097
Jun 20216747,82769.493.38$73,296
May 20217308,31163.483.02$71,420
Apr 20214305,70060.362.76$41,678
Mar 20211142861.302.72$1,837
Feb 202110470957.805.55$9,945
Jan 202112369250.412.81$8,145
Dec 20208094,19644.642.68$47,340
Nov 202039152538.772.71$16,580
Oct 202098610,01236.972.48$61,266
Sep 20207869,97837.091.99$49,019
Aug 202087410,83139.982.39$60,776
Jul 202078012,13338.371.83$52,073
Jun 202080611,95834.901.69$48,342
May 202082311,59516.921.81$34,967
Apr 202094812,17014.751.80$35,942
Mar 20201,11313,64130.341.86$59,089
Feb 202092813,33849.881.98$72,707
Jan 20201,10215,69657.252.09$95,969
Dec 20191,20017,12459.012.30$110,272
Nov 20191,20317,37555.302.75$114,319
Oct 20191,19316,95253.472.42$104,789
Sep 20191,32216,64755.052.66$117,012
Aug 20191,49417,86553.112.30$120,514
Jul 20191,63519,28256.272.46$139,436
Jun 20191,37115,48152.782.49$110,928
May 20191,57819,80058.482.74$146,540
Apr 20191,99820,88162.632.75$182,572
Mar 20192,10725,10056.803.06$196,536
Feb 20192,19129,10150.852.79$192,669
Jan 20192,65536,11746.033.23$238,802
Dec 20183,27241,34346.594.19$325,481
Nov 20183,83747,98052.934.24$406,395
Oct 20184,57847,58761.443.40$442,977
Sep 20185,50256,10459.543.11$501,960
Aug 20184,97341,35659.403.07$422,217
Jul 20188,08167,14065.142.93$723,243
Jun 20186,84251,42860.183.08$569,991
May 20183,72020,69465.382.90$303,243
Apr 201863063.842.90$4,022
Mar 20182,89416,97461.222.79$224,475
Feb 20181,6578,28261.782.77$125,278
Jan 201811,27276,36962.874.01$1,014,858
Dec 20179,53861,08057.272.92$724,688
Nov 201710,26861,42455.423.12$760,595
Oct 201713,38880,94749.292.98$901,414
Sep 20178,64045,52847.523.09$551,130
Aug 201713,04463,44345.373.00$782,414
Jul 20178,42141,90743.873.09$498,808

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           995 bbl  × $106.41 =   $105,878
Gas               16,718 Mcf  × $  3.05 =    $50,920

────────────────────────────────────────────────────
Month total                                 $156,798

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/283429 is the state's own key, not one this site invented.