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FOSTER 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 288718District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.9 M
Feb 2020 – May 2026
Value, last 12 filed months
$811 k
at the published price for each month
Months reported
76
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-1112020-07-27227487

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
CondensateDisposition281,423 bbl$15,972,972
GasProduction1,758,888 Mcf$5,954,202
Total$21,927,175

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 28.8109, -97.9212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81086, -97.92119 · 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
12,645 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 12,645 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-255366333H12,645 ftJan 2021——

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 (76)

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

76 months

May 20264457,294106.413.05$69,569
Apr 20265358,37898.932.87$76,970
Mar 20264267,20889.753.15$60,935
Feb 20265857,35163.503.75$64,716
Jan 20267258,61459.138.00$111,763
Dec 202575711,94356.664.41$95,600
Nov 20252012,69958.593.93$22,374
Oct 20256468,53559.383.30$66,566
Sep 20256018,18962.743.08$62,904
Aug 20255508,74363.933.01$61,520
Jul 20255079,15366.743.32$64,181
Jun 20253789,31766.483.13$54,280
May 20254959,88360.553.23$61,917
Apr 20255899,24962.363.54$69,500
Mar 20255849,81367.704.27$81,422
Feb 20254219,24570.884.34$69,972
Jan 20256348,31074.324.28$82,675
Dec 20247668,57568.993.12$79,612
Nov 20249458,88169.052.20$84,777
Oct 20241,5248,70471.372.28$128,625
Sep 20241,4368,85869.612.36$120,903
Aug 20241,4429,43075.632.06$128,518
Jul 20242,0509,39779.932.15$184,028
Jun 20241,8889,31178.082.63$171,940
May 20242,2549,85278.812.20$199,297
Apr 20241,88211,83084.451.66$178,563
Mar 20242,09210,01780.301.55$183,465
Feb 20242,06910,29976.091.78$175,800
Jan 20241,4238,74673.023.30$132,749
Dec 20231,6639,73171.262.61$143,910
Nov 20231,29310,25777.892.81$129,509
Oct 20231,72313,94385.443.09$190,259
Sep 20231,66714,04389.042.74$186,838
Aug 20231,47014,49880.522.67$157,116
Jul 20231,62413,53074.852.64$157,300
Jun 20231,67912,55368.962.26$144,135
May 20231,90513,33470.622.23$164,231
Apr 20231,99313,48678.122.24$185,872
Mar 20232,55814,01272.852.39$219,883
Feb 20232,30712,29775.112.47$203,599
Jan 20232,20214,13876.533.39$216,415
Dec 20221,95715,91676.415.73$240,718
Nov 20222,98615,97485.005.65$344,002
Oct 20222,63816,25987.185.86$325,320
Sep 20222,10416,20384.888.16$310,864
Aug 20222,35118,10494.529.13$387,455
Jul 20222,60119,836101.587.54$413,814
Jun 20222,26519,840115.097.98$418,947
May 20222,51322,580109.378.43$465,265
Apr 20222,74623,556104.226.84$447,255
Mar 20222,76224,636108.885.08$425,789
Feb 20223,59925,05991.054.86$449,447
Jan 20224,50328,16481.844.54$496,325
Dec 20214,23329,20271.323.90$415,760
Nov 20214,80530,24177.435.24$530,419
Oct 20215,46732,69979.795.71$623,050
Sep 20215,51733,12869.865.35$562,683
Aug 20216,30338,39666.024.22$578,178
Jul 20216,94041,35370.783.98$655,884
Jun 20217,52339,89869.493.38$657,653
May 20216,84350,29663.483.02$586,170
Apr 20217,33543,29160.362.76$562,155
Mar 20218,05241,91161.302.72$607,457
Feb 20216,37836,41757.805.55$570,688
Jan 20217,65043,25550.412.81$507,195
Dec 20208,50345,02244.642.68$500,028
Nov 20209,58549,04038.772.71$504,341
Oct 202011,57658,80236.972.48$573,701
Sep 202012,33863,28837.091.99$583,625
Aug 202014,42576,12539.982.39$758,277
Jul 202016,67289,74738.371.83$803,504
Jun 202018,817100,63634.901.69$826,819
May 202021,383118,30216.921.81$576,489
Apr 20207,11938,06614.751.80$173,691
Mar 20200030.341.86$0
Feb 20200049.881.98$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           445 bbl  × $106.41 =    $47,352
Gas                7,294 Mcf  × $  3.05 =    $22,216

────────────────────────────────────────────────────
Month total                                  $69,569

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/288718 is the state's own key, not one this site invented.