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EASLEY 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 286206District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Jan 2019 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (AUSTIN CHALK) 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 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
NGPA1none——
ST-1112019-11-25225269

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
CondensateDisposition127,519 bbl$7,911,203
GasProduction1,671,340 Mcf$4,822,889
Total$12,734,092

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 28.7570, -97.9642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75698, -97.96418 · 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
12,542 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 12,542 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-255360864H12,542 ftAug 2019——

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 (89)

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

89 months

May 202676420106.413.05$9,366
Apr 202613368598.932.87$15,123
Mar 202612937189.753.15$12,746
Feb 20265529163.503.75$4,584
Jan 202610875759.138.00$12,440
Dec 202513276256.664.41$10,842
Nov 202515080358.593.93$11,941
Oct 202512673359.383.30$9,904
Sep 202514092462.743.08$11,627
Aug 20251501,31263.933.01$13,545
Jul 20251651,07266.743.32$14,566
Jun 20252901,61866.483.13$24,341
May 20253241,89360.553.23$25,737
Apr 20254002,19162.363.54$32,707
Mar 20252842,55767.704.27$30,141
Feb 20252201,85770.884.34$23,655
Jan 20252741,87174.324.28$28,369
Dec 20242451,96268.993.12$23,027
Nov 20242522,33969.052.20$22,543
Oct 20242672,42971.372.28$24,597
Sep 20243642,93169.612.36$32,268
Aug 20247894,51475.632.06$68,987
Jul 20248534,35379.932.15$77,524
Jun 20241,46110,22878.082.63$141,015
May 20244816,34878.812.20$51,863
Apr 20242285,10084.451.66$27,717
Mar 20241133,24980.301.55$14,094
Feb 20241415976.091.78$1,349
Jan 2024963,45273.023.30$18,393
Dec 20232433,01171.262.61$25,177
Nov 20234284,11377.892.81$44,884
Oct 20235755,26685.443.09$65,386
Sep 20235135,20589.042.74$59,913
Aug 20236456,10480.522.67$68,251
Jul 20231,2119,10274.852.64$114,689
Jun 20236614,83468.962.26$56,500
May 20237146,81670.622.23$65,605
Apr 20236757,05178.122.24$68,509
Mar 20238696,82072.852.39$79,628
Feb 20231,0058,17475.112.47$95,640
Jan 20231,01010,39576.533.39$112,511
Dec 20221,0276,62476.415.73$116,423
Nov 20221,1958,61185.005.65$150,194
Oct 20221,49811,74387.185.86$199,454
Sep 20221,1426,24084.888.16$147,874
Aug 20221,0128,46594.529.13$172,916
Jul 20228267,082101.587.54$137,318
Jun 20228157,607115.097.98$154,481
May 20229538,802109.378.43$178,457
Apr 20221,0189,427104.226.84$170,554
Mar 20221,18810,372108.885.08$182,002
Feb 202299711,04391.054.86$144,433
Jan 20227829,30781.844.54$106,231
Dec 20211,16313,43171.323.90$135,314
Nov 202194811,81277.435.24$135,261
Oct 202196312,58079.795.71$148,718
Sep 202188712,36269.865.35$128,114
Aug 20211,54413,69066.024.22$159,715
Jul 20211,04215,00970.783.98$133,520
Jun 20211,33920,08069.493.38$160,930
May 20211,19522,08363.483.02$142,498
Apr 20211,40420,37560.362.76$140,948
Mar 202177013,52461.302.72$83,945
Feb 202164512,12257.805.55$104,533
Jan 202181416,10250.412.81$86,285
Dec 202085717,70244.642.68$85,617
Nov 202093618,25338.772.71$85,692
Oct 20201,01419,05236.972.48$84,707
Sep 20201,03821,42937.091.99$81,165
Aug 20201,01022,59239.982.39$94,264
Jul 20201,09423,62738.371.83$85,099
Jun 20201,20224,82334.901.69$83,908
May 20201,36328,44616.921.81$74,684
Apr 20201,50332,19314.751.80$80,258
Mar 20201,68535,94830.341.86$117,851
Feb 20201,60932,80949.881.98$145,241
Jan 20202,41542,13457.252.09$226,519
Dec 20192,55448,37359.012.30$262,180
Nov 20192,55650,13055.302.75$279,239
Oct 20193,31274,37853.472.42$356,979
Sep 20194,08272,66055.052.66$417,792
Aug 20195,06666,90353.112.30$423,224
Jul 20196,47990,00956.272.46$586,001
Jun 20199,794135,74352.782.49$855,090
May 201914,538178,57258.482.74$1,339,527
Apr 201921,377202,99962.632.75$1,897,231
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$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            76 bbl  × $106.41 =     $8,087
Gas                  420 Mcf  × $  3.05 =     $1,279

────────────────────────────────────────────────────
Month total                                   $9,366

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/286206 is the state's own key, not one this site invented.