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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 288436District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Oct 2016 – May 2026
Value, last 12 filed months
$174 k
at the published price for each month
Months reported
116
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-1112020-04-21226479

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
CondensateDisposition117,528 bbl$6,018,361
GasProduction630,248 Mcf$1,997,254
Total$8,015,616

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 28.8030, -97.9958. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80296, -97.99578 · 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
11,819 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 11,819 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-255345244H11,819 ftOct 2016——

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 (116)

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

116 months

May 20262412,146106.413.05$32,181
Apr 202614974698.932.87$16,881
Mar 202616277189.753.15$16,968
Feb 202618692863.503.75$15,291
Jan 202620587459.138.00$19,112
Dec 202515455056.664.41$11,153
Nov 202515261158.593.93$11,305
Oct 202520185659.383.30$14,764
Sep 202514854662.743.08$10,966
Aug 202523686663.933.01$17,698
Jul 20251192266.743.32$8,015
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20245075.632.06$378
Jul 202411545379.932.15$10,164
Jun 202410358478.082.63$9,580
May 2024761,03278.812.20$8,258
Apr 20241721,16184.451.66$16,452
Mar 20242581,09580.301.55$22,409
Feb 20244241,25776.091.78$34,504
Jan 20243801,29173.023.30$32,005
Dec 20231931,54371.262.61$17,782
Nov 20232641,75977.892.81$25,501
Oct 20233021,67185.443.09$30,962
Sep 20232891,44589.042.74$29,685
Aug 20232641,08380.522.67$24,152
Jul 20232682,04174.852.64$25,452
Jun 20231531,37168.962.26$13,647
May 20233131,32670.622.23$25,058
Apr 202323239278.122.24$19,001
Mar 202310472.852.39$738
Feb 20233420775.112.47$3,064
Jan 20234515276.533.39$3,959
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202215189101.587.54$2,949
Jun 2022152396115.097.98$20,653
May 20223743,268109.378.43$68,464
Apr 20222622,813104.226.84$46,540
Mar 20223553,663108.885.08$57,247
Feb 20223323,01091.054.86$44,854
Jan 20224673,18081.844.54$52,649
Dec 20213302,37471.323.90$32,792
Nov 20214772,83577.435.24$51,781
Oct 20212902,82179.795.71$39,258
Sep 20213022,26869.865.35$33,234
Aug 20212723,18866.024.22$31,413
Jul 20213043,06270.783.98$33,710
Jun 20212251,94169.493.38$22,197
May 20212021,82763.483.02$18,336
Apr 20212682,94960.362.76$24,311
Mar 20213064,30761.302.72$30,460
Feb 20212553,77557.805.55$35,683
Jan 20213101,29450.412.81$19,264
Dec 202016352244.642.68$8,673
Nov 20203742,13638.772.71$20,281
Oct 20203793,11236.972.48$21,725
Sep 20203492,02337.091.99$16,972
Aug 20203872,68939.982.39$21,886
Jul 20203782,61038.371.83$19,267
Jun 20203602,46734.901.69$16,734
May 20204152,37416.921.81$11,330
Apr 20204232,48514.751.80$10,723
Mar 20204252,43130.341.86$17,407
Feb 20206363,52249.881.98$38,700
Jan 20201,0845,02057.252.09$72,575
Dec 20191,0924,99759.012.30$75,954
Nov 20194733,94755.302.75$37,014
Oct 20193752,75753.472.42$26,719
Sep 20194703,43855.052.66$35,009
Aug 20195113,45953.112.30$35,110
Jul 20194632,93556.272.46$33,273
Jun 20194413,24152.782.49$31,350
May 20192863,95058.482.74$27,550
Apr 20196734,09962.632.75$53,425
Mar 20196624,45256.803.06$51,234
Feb 20195563,77850.852.79$38,822
Jan 20196344,49146.033.23$43,681
Dec 20189074,54046.594.19$61,259
Nov 20183773,59752.934.24$35,196
Oct 20184843,66261.443.40$42,181
Sep 20184043,13559.543.11$33,798
Aug 20186453,88759.403.07$50,233
Jul 20186924,19565.142.93$57,376
Jun 20187424,39460.183.08$58,174
May 20188214,98365.382.90$68,132
Apr 20189625,79563.842.90$78,224
Mar 20181,0896,11261.222.79$83,702
Feb 20181,3416,13961.782.77$99,828
Jan 20181,5127,18562.874.01$123,866
Dec 20171,7279,50057.272.92$126,660
Nov 20172,37412,74355.423.12$171,304
Oct 20176,41423,03549.292.98$384,875
Sep 201726238147.523.09$13,626
Aug 20172,21816,07145.373.00$148,914
Jul 20173,40022,56843.873.09$218,832
Jun 20173,58623,98442.493.09$226,414
May 20174,30927,62045.373.26$285,634
Apr 20174,76333,07747.933.21$334,521
Mar 20175,95938,15846.772.98$392,554
Feb 20176,73136,53050.452.95$447,437
Jan 20176,48540,71449.413.42$459,617
Dec 201612,87250,83548.763.72$816,889
Nov 201615,67557,37242.492.64$817,742
Oct 20167,41725,15846.193.09$420,336

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           241 bbl  × $106.41 =    $25,645
Gas                2,146 Mcf  × $  3.05 =     $6,536

────────────────────────────────────────────────────
Month total                                  $32,181

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/288436 is the state's own key, not one this site invented.