ER03 - L01 - G01 A

Operated by MARATHON OIL EF LLC (P-5 525398) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291330District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$40.4 M
Jun 2021 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
60
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-01-23.

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: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

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-1112022-05-09230315

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
CondensateDisposition224,055 bbl$17,938,866
GasProduction4,892,207 Mcf$22,429,177
Total$40,368,043

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 28.9870, -97.5382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98697, -97.53816 · 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
13,979 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 13,979 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-1233503001H13,979 ftJun 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 (60)

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

60 months

May 20262,03130,982106.413.05$310,485
Apr 202674425,58098.932.87$147,011
Mar 202646010,79189.753.15$75,271
Feb 202673322,42363.503.75$130,639
Jan 202689122,45659.138.00$232,286
Dec 202580821,17756.664.41$139,243
Nov 202588423,91058.593.93$145,675
Oct 202585623,97259.383.30$130,053
Sep 202592722,76962.743.08$128,218
Aug 202594723,48763.933.01$131,349
Jul 202588425,34166.743.32$143,009
Jun 202590626,70466.483.13$143,780
May 20251,00028,07560.553.23$151,297
Apr 20251,01026,45762.363.54$156,724
Mar 20251,08230,96967.704.27$205,437
Feb 202596723,72270.884.34$171,514
Jan 202598128,94674.324.28$196,759
Dec 202485332,71468.993.12$160,961
Nov 202499231,83469.052.20$138,483
Oct 20241,07934,54671.372.28$155,821
Sep 20241,04734,94169.612.36$155,495
Aug 20241,09537,23475.632.06$159,652
Jul 202478042,49079.932.15$153,554
Jun 202463922,03578.082.63$107,933
May 20241,17132,97378.812.20$164,776
Apr 20242,26336,93384.451.66$252,390
Mar 202461836,40480.301.55$105,874
Feb 20241,41237,98076.091.78$175,182
Jan 20242,13441,84473.023.30$293,812
Dec 20232,42345,39371.262.61$291,171
Nov 20232,11646,32577.892.81$294,875
Oct 20231,66246,67985.443.09$286,112
Sep 20231,80146,79389.042.74$288,342
Aug 20231,82048,99380.522.67$277,499
Jul 20231,76554,11074.852.64$275,058
Jun 20231,43454,31268.962.26$221,551
May 20231,98258,19370.622.23$269,588
Apr 20231,93760,22878.122.24$286,094
Mar 20232,31864,51472.852.39$323,259
Feb 2023058,66075.112.47$144,637
Jan 20233,10573,97176.533.39$488,219
Dec 20222,78168,97976.415.73$607,682
Nov 20223,20275,61785.005.65$699,119
Oct 20223,56684,20387.185.86$804,630
Sep 20223,40186,80384.888.16$997,309
Aug 20224,03796,42694.529.13$1,261,673
Jul 20225,308105,776101.587.54$1,336,958
Jun 20226,193108,868115.097.98$1,581,214
May 20226,272121,867109.378.43$1,713,678
Apr 20228,945128,296104.226.84$1,809,485
Mar 20229,919140,941108.885.08$1,795,454
Feb 20225,265153,30691.054.86$1,224,268
Jan 20228,577184,46181.844.54$1,538,967
Dec 20219,849214,22571.323.90$1,537,720
Nov 202111,207241,39377.435.24$2,131,897
Oct 202112,806288,10079.795.71$2,667,957
Sep 202115,968331,10769.865.35$2,887,252
Aug 202128,464407,39066.024.22$3,598,619
Jul 202121,572444,08470.783.98$3,295,244
Jun 20214,166112,50569.493.38$669,832

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         2,031 bbl  × $106.41 =   $216,119
Gas               30,982 Mcf  × $  3.05 =    $94,366

────────────────────────────────────────────────────
Month total                                 $310,485

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/291330 is the state's own key, not one this site invented.