ELIZONDO 01

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 288634District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Dec 2019 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
78
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
NGPA1none
ST-1112020-07-09227441

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
CondensateDisposition168,526 bbl$8,092,433
GasProduction710,449 Mcf$1,863,244
Total$9,955,676

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 28.9400, -97.7354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94003, -97.73544 · 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
13,236 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 13,236 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-2553621506H13,236 ftDec 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 (78)

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

78 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202572562.363.54$525
Mar 202523543167.704.27$17,749
Feb 20250070.884.34$0
Jan 20252174.324.28$153
Dec 20246512468.993.12$4,871
Nov 20241464069.052.20$10,169
Oct 20240071.372.28$0
Sep 20247334469.612.36$5,895
Aug 20246023075.632.06$5,012
Jul 202406579.932.15$140
Jun 202414782178.082.63$13,640
May 202443178.812.20$383
Apr 202414971584.451.66$13,769
Mar 20240080.301.55$0
Feb 20243511,44676.091.78$29,287
Jan 20240073.023.30$0
Dec 202323071.262.61$221
Nov 202323577.892.81$254
Oct 202315585.443.09$255
Sep 202313259689.042.74$13,383
Aug 202315356880.522.67$13,838
Jul 202315862274.852.64$13,470
Jun 20233451,08768.962.26$26,246
May 202312157270.622.23$9,819
Apr 20236111,92678.122.24$52,041
Mar 202319972.852.39$310
Feb 202321175.112.47$177
Jan 202351376.533.39$3,913
Dec 20225973,78976.415.73$67,324
Nov 20227953,53285.005.65$87,517
Oct 20221,1054,42487.185.86$122,275
Sep 20221,6676,39684.888.16$193,710
Aug 20222,5129,15994.529.13$321,030
Jul 20221,75510,471101.587.54$257,246
Jun 20221,7706,754115.097.98$257,587
May 2022112109.378.43$211
Apr 20227021,685104.226.84$84,684
Mar 20221,3684,275108.885.08$170,649
Feb 20227053,58891.054.86$81,624
Jan 20221,0254,19881.844.54$102,935
Dec 20211,0284,35771.323.90$90,305
Nov 20218794,02077.435.24$89,113
Oct 20218904,35979.795.71$95,920
Sep 20211,2236,11169.865.35$118,138
Aug 20211,3296,43466.024.22$114,896
Jul 20215252,07270.783.98$45,410
Jun 20218785,94069.493.38$81,093
May 20218645,01263.483.02$69,971
Apr 20211,5135,20860.362.76$105,691
Mar 20212,1138,71661.302.72$153,208
Feb 20211,8159,83357.805.55$159,460
Jan 20212,02911,49750.412.81$134,592
Dec 20202,50313,60444.642.68$148,131
Nov 20202,66012,76538.772.71$137,678
Oct 20203,18315,23536.972.48$155,434
Sep 20203,68716,67737.091.99$169,955
Aug 20204,26619,76039.982.39$217,684
Jul 20206,09324,78138.371.83$279,017
Jun 20206,98628,71934.901.69$292,355
May 20209,46136,01116.921.81$225,431
Apr 202012,80046,08214.751.80$271,949
Mar 202020,06381,42830.341.86$759,861
Feb 202029,910119,64549.881.98$1,728,888
Jan 202034,055150,88657.252.09$2,265,716
Dec 20199533,13759.012.30$63,465

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.

Apr 2025 — as filed, then multipliedworked
Condensate             7 bbl  × $ 62.36 =       $437
Gas                   25 Mcf  × $  3.54 =        $89

────────────────────────────────────────────────────
Month total                                     $525

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/288634 is the state's own key, not one this site invented.