THREE SISTERS 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 292230District 02Field 86950600CondensateGasSave
Value, all time
$46.7 M
Dec 2021 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
54
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition412,380 bbl$36,424,593
GasProduction2,184,997 Mcf$10,250,919
Total$46,675,513

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 28.5587, -98.2691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.55872, -98.26908 · 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
12,695 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 12,695 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-2973612255H12,695 ftDec 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 (54)

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

54 months

May 20267247,059106.413.05$98,541
Apr 20267847,10898.932.87$97,959
Mar 202694710,78589.753.15$118,960
Feb 20263444,99963.503.75$40,592
Jan 20267219,58059.138.00$119,253
Dec 202575910,84956.664.41$90,885
Nov 202597212,03158.593.93$104,188
Oct 202594012,70559.383.30$97,805
Sep 20251,24712,92262.743.08$117,997
Aug 20251,46414,81363.933.01$138,251
Jul 20251,51714,78766.743.32$150,266
Jun 20251,56214,79766.483.13$150,137
May 20251,21515,33960.553.23$123,149
Apr 20251,54615,85462.363.54$152,581
Mar 20251,77516,56567.704.27$190,872
Feb 20251,37015,37870.884.34$163,859
Jan 20251,57114,51074.324.28$178,840
Dec 20242,15517,31868.993.12$202,729
Nov 20241,91717,92369.052.20$171,771
Oct 20242,27622,19071.372.28$213,062
Sep 20242,17721,73969.612.36$202,940
Aug 20242,48523,79875.632.06$237,051
Jul 20242,72525,54279.932.15$272,637
Jun 20242,82427,32478.082.63$292,469
May 20242,96130,10878.812.20$299,547
Apr 20243,18732,89884.451.66$323,727
Mar 20243,75337,40980.301.55$359,168
Feb 20243,17324,52876.091.78$285,183
Jan 20244,01226,48973.023.30$380,308
Dec 20233,64923,42171.262.61$321,173
Nov 20234,24724,40177.892.81$399,306
Oct 20234,34526,17985.443.09$452,059
Sep 20234,46228,46189.042.74$475,138
Aug 20234,99131,81080.522.67$486,900
Jul 20235,81538,95974.852.64$538,175
Jun 20233,71627,59868.962.26$318,585
May 20236,48944,78770.622.23$558,012
Apr 20236,54645,26778.122.24$612,670
Mar 20237,79849,45672.852.39$686,440
Feb 20237,59942,85175.112.47$676,418
Jan 20239,32360,29076.533.39$917,735
Dec 20227,07340,59176.415.73$772,997
Nov 20225,20426,97185.005.65$594,624
Oct 202212,28564,13987.185.86$1,447,102
Sep 202213,71367,77984.888.16$1,717,286
Aug 202217,54777,26594.529.13$2,363,752
Jul 202219,14887,253101.587.54$2,603,123
Jun 202219,45596,978115.097.98$3,012,689
May 202224,865108,104109.378.43$3,631,130
Apr 202226,841111,418104.226.84$3,559,201
Mar 202235,100127,433108.885.08$4,468,589
Feb 202233,774126,97591.054.86$3,692,074
Jan 202238,563144,42381.844.54$3,811,341
Dec 202136,729144,84171.323.90$3,184,265

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           724 bbl  × $106.41 =    $77,041
Gas                7,059 Mcf  × $  3.05 =    $21,501

────────────────────────────────────────────────────
Month total                                  $98,541

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/292230 is the state's own key, not one this site invented.