STRAUBE 01 - W01 B

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 292224District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
May 2021 – May 2026
Value, last 12 filed months
$657 k
at the published price for each month
Months reported
61
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-1112025-08-26237439

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
CondensateDisposition43,658 bbl$3,247,642
GasProduction832,979 Mcf$2,463,919
Total$5,711,561

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 29.0276, -97.5113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02759, -97.51126 · 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
13,725 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 13,725 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-1233507802H13,725 ftOct 2022

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 (61)

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

61 months

May 2026220106.413.05$2,341
Apr 202618098.932.87$1,781
Mar 2026532,41889.753.15$12,372
Feb 20261343,94363.503.75$23,297
Jan 20262216,05359.138.00$61,479
Dec 202546510,19356.664.41$71,332
Nov 202556410,79258.593.93$75,419
Oct 202583015,28159.383.30$99,787
Sep 202573813,61862.743.08$88,204
Aug 202575313,56163.933.01$89,022
Jul 20254959,99066.743.32$66,155
Jun 202543111,75866.483.13$65,440
May 202533411,31960.553.23$56,810
Apr 20253048,60862.363.54$49,457
Mar 20254629,55467.704.27$72,057
Feb 20254007,68070.884.34$61,690
Jan 202553711,06474.324.28$87,249
Dec 202444512,09168.993.12$68,441
Nov 202441412,10769.052.20$55,203
Oct 202445413,17371.372.28$62,455
Sep 20241,03621,84269.612.36$123,758
Aug 20241,94036,99875.632.06$223,072
Jul 20241,75629,48579.932.15$203,649
Jun 20241,13418,08378.082.63$136,173
May 202498518,46178.812.20$118,213
Apr 202497621,76184.451.66$118,529
Mar 202491322,84380.301.55$108,609
Feb 202471221,53776.091.78$92,590
Jan 202471422,85273.023.30$127,494
Dec 202380525,27671.262.61$123,353
Nov 202398725,86777.892.81$149,501
Oct 202383520,13285.443.09$133,496
Sep 20231,11824,33389.042.74$166,098
Aug 20231,12424,38980.522.67$155,693
Jul 20231,25626,40974.852.64$163,779
Jun 20231,26026,84968.962.26$147,528
May 20232,26732,10370.622.23$231,602
Apr 20232,49234,70578.122.24$272,337
Mar 20232,10438,09172.852.39$244,434
Feb 20233,08340,51775.112.47$331,466
Jan 20233,99151,21276.533.39$478,923
Dec 20224,09666,03176.415.73$691,272
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$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            22 bbl  × $106.41 =     $2,341
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,341

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/292224 is the state's own key, not one this site invented.