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 288639District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 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-1112020-07-09227440

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
CondensateDisposition145,961 bbl$6,938,224
GasProduction669,072 Mcf$1,620,891
Total$8,559,115

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 28.9405, -97.7369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94046, -97.73686 · 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
13,268 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 13,268 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-2553621405H13,268 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 20250262.363.54$7
Mar 202518863967.704.27$15,455
Feb 20250070.884.34$0
Jan 20259018674.324.28$7,485
Dec 20243451,00068.993.12$26,923
Nov 202437632069.052.20$26,666
Oct 202441671.372.28$2,940
Sep 202440534769.612.36$29,012
Aug 202427731075.632.06$21,589
Jul 202417620079.932.15$14,497
Jun 202439626378.082.63$31,612
May 20245741,01278.812.20$47,462
Apr 202458161184.451.66$50,079
Mar 20240080.301.55$0
Feb 202440126276.091.78$30,979
Jan 202455131073.023.30$41,256
Dec 20236191,07971.262.61$46,927
Nov 202340076877.892.81$33,312
Oct 202348473985.443.09$43,634
Sep 202356066089.042.74$51,668
Aug 202332843880.522.67$27,581
Jul 20234201,25874.852.64$34,760
Jun 20234871,78568.962.26$37,615
May 2023084670.622.23$1,884
Apr 20233721,59878.122.24$32,637
Mar 20230072.852.39$0
Feb 20231175.112.47$78
Jan 202311176.533.39$845
Dec 202215859676.415.73$15,487
Nov 20227043,72385.005.65$80,861
Oct 20221,1465,78287.185.86$133,813
Sep 20221,2656,15084.888.16$157,580
Aug 20221,0864,93594.529.13$147,691
Jul 2022946101.587.54$1,261
Jun 2022017115.097.98$136
May 2022138109.378.43$430
Apr 20225521,429104.226.84$67,300
Mar 20221,1983,898108.885.08$150,226
Feb 20229552,82191.054.86$100,660
Jan 20225312,12781.844.54$53,109
Dec 20216643,91671.323.90$62,625
Nov 202137077.435.24$2,865
Oct 20212782,54679.795.71$36,729
Sep 20217034,35069.865.35$72,388
Aug 20211,2744,78366.024.22$104,297
Jul 20211,1614,86970.783.98$101,564
Jun 20211,3365,85069.493.38$112,615
May 20211,4096,30263.483.02$108,461
Apr 20212,0969,11960.362.76$151,669
Mar 20212,06712,31561.302.72$160,166
Feb 20211,2598,72757.805.55$121,187
Jan 20212,25213,73950.412.81$152,134
Dec 20202,47814,21344.642.68$148,644
Nov 20202,61514,69738.772.71$141,162
Oct 20202,97916,27536.972.48$150,470
Sep 20203,37617,94037.091.99$160,935
Aug 20203,84720,97839.982.39$203,838
Jul 20205,42823,70838.371.83$251,542
Jun 20206,23628,77134.901.69$266,268
May 20208,35636,18316.921.81$207,047
Apr 202010,38546,55314.751.80$237,178
Mar 202016,11678,46430.341.86$634,607
Feb 202025,814117,33349.881.98$1,520,000
Jan 202027,598129,64357.252.09$1,851,554
Dec 20195091,59559.012.30$33,712

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             0 bbl  × $ 62.36 =         $0
Gas                    2 Mcf  × $  3.54 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/288639 is the state's own key, not one this site invented.