REYNOLDS GAS UNIT 1

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 290092District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Oct 2018 – May 2026
Value, last 12 filed months
$614 k
at the published price for each month
Months reported
92
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-1112020-10-28227255

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
CondensateDisposition74,087 bbl$4,604,270
GasProduction331,875 Mcf$1,100,833
Total$5,705,103

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 28.9014, -97.7587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90137, -97.75871 · 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
12,980 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 12,980 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-255333879H12,980 ftJul 2014

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 (92)

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

92 months

May 20265581,678106.413.05$64,488
Apr 20269133,35798.932.87$99,957
Mar 20262181,05589.753.15$22,888
Feb 20265732,13663.503.75$44,396
Jan 20265623,29559.138.00$59,584
Dec 20251,5523,63456.664.41$103,974
Nov 20254383,16058.593.93$38,070
Oct 20253453,43059.383.30$31,822
Sep 20252533,15862.743.08$25,590
Aug 20252943,26463.933.01$28,636
Jul 20255233,30066.743.32$45,845
Jun 20255703,35566.483.13$48,390
May 20254763,16860.553.23$39,062
Apr 20254733,53562.363.54$42,021
Mar 20251,1714,95567.704.27$100,426
Feb 20251137270.884.34$2,394
Jan 20253341,27274.324.28$30,265
Dec 20245743,12468.993.12$49,351
Nov 20246982,99469.052.20$54,779
Oct 20246802,70771.372.28$54,707
Sep 20247035,06469.612.36$60,909
Aug 20247575,76875.632.06$69,155
Jul 20247665,11879.932.15$72,213
Jun 20248454,63478.082.63$78,183
May 20241,0594,98778.812.20$94,423
Apr 20244702,52084.451.66$43,873
Mar 20245462,35680.301.55$47,484
Feb 20246422,26076.091.78$52,881
Jan 20246942,58973.023.30$59,214
Dec 20236323,16871.262.61$53,307
Nov 20236572,96177.892.81$59,487
Oct 20237633,32285.443.09$75,447
Sep 20236973,06489.042.74$70,441
Aug 20237202,82480.522.67$65,523
Jul 20237192,39574.852.64$60,144
Jun 20236542,20968.962.26$50,089
May 20237272,44270.622.23$56,780
Apr 20236042,46678.122.24$52,703
Mar 20236823,06972.852.39$57,028
Feb 20236171,67375.112.47$50,468
Jan 20237606,17876.533.39$79,092
Dec 20226153,86376.415.73$69,124
Nov 20225634,62285.005.65$73,952
Oct 20224471,53987.185.86$47,994
Sep 20224951,98584.888.16$58,221
Aug 20225392,26094.529.13$71,574
Jul 20224701,864101.587.54$61,801
Jun 20224182,677115.097.98$69,463
May 20221421,960109.378.43$32,059
Apr 20221843,490104.226.84$43,040
Mar 20224732,737108.885.08$65,394
Feb 20223821,92291.054.86$44,120
Jan 20223251,48281.844.54$33,323
Dec 20216163,11071.323.90$56,059
Nov 20217744,50177.435.24$83,502
Oct 20217103,90879.795.71$78,981
Sep 20217943,96869.865.35$76,701
Aug 20211,0154,15366.024.22$84,538
Jul 20216564,04370.783.98$62,531
Jun 20219894,21169.493.38$82,961
May 20218884,40063.483.02$69,648
Apr 20211,0464,03360.362.76$74,261
Mar 20211,23892561.302.72$78,403
Feb 20213382,39257.805.55$32,807
Jan 20215472,34350.412.81$34,159
Dec 20209033,70044.642.68$50,209
Nov 20201,0801,64738.772.71$46,329
Oct 20209144,67436.972.48$45,375
Sep 20201,2315,34637.091.99$56,302
Aug 20201,2045,41339.982.39$61,046
Jul 20201,3874,03738.371.83$60,587
Jun 20201,3175,44434.901.69$55,165
May 20201,2733,40816.921.81$27,724
Apr 20201,2115,31514.751.80$27,453
Mar 20208624,52630.341.86$34,554
Feb 20209425,27749.881.98$57,439
Jan 20201,3605,04557.252.09$88,428
Dec 20191,1516,36559.012.30$82,588
Nov 20197752,00955.302.75$48,384
Oct 20198903,51453.472.42$56,087
Sep 20191,4605,06055.052.66$93,819
Aug 20191,3595,51853.112.30$84,892
Jul 20191,4202,47056.272.46$85,980
Jun 20191,3395,43452.782.49$84,210
May 20198985,34558.482.74$67,162
Apr 20191,4144,81862.632.75$101,812
Mar 20191,4895,36056.803.06$100,988
Feb 20191,3435,35950.852.79$83,255
Jan 20191,7815,86146.033.23$100,900
Dec 20181,2896,76346.594.19$88,361
Nov 20181,5316,60452.934.24$109,019
Oct 20181,6707,15961.443.40$126,932

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           558 bbl  × $106.41 =    $59,377
Gas                1,678 Mcf  × $  3.05 =     $5,111

────────────────────────────────────────────────────
Month total                                  $64,488

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/290092 is the state's own key, not one this site invented.