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 292231District 02Field 86950600CondensateGasSave
Value, all time
$47.2 M
Dec 2021 – May 2026
Value, last 12 filed months
$1.8 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
CondensateDisposition412,315 bbl$36,353,742
GasProduction2,312,085 Mcf$10,797,815
Total$47,151,557

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 28.5572, -98.2699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.55716, -98.26990 · 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
12,724 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 12,724 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-2973612356H12,724 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 20261,43416,611106.413.05$203,186
Apr 20261,35115,50198.932.87$178,138
Mar 20261,41115,07889.753.15$174,125
Feb 202692514,48963.503.75$113,076
Jan 202676911,55359.138.00$137,871
Dec 20251,01815,53256.664.41$126,228
Nov 20251,06214,45258.593.93$118,967
Oct 20251,04515,40959.383.30$112,976
Sep 20251,36214,89162.743.08$131,270
Aug 20251,45615,94063.933.01$141,137
Jul 20251,57915,62866.743.32$157,192
Jun 20251,62816,15866.483.13$158,783
May 20251,20316,36360.553.23$125,732
Apr 20251,53617,38662.363.54$157,386
Mar 20251,73519,34367.704.27$200,022
Feb 20251,45116,85370.884.34$176,003
Jan 20251,94313,85474.324.28$203,681
Dec 20241,97921,03268.993.12$202,180
Nov 20241,84920,27769.052.20$172,251
Oct 20242,22321,33971.372.28$207,338
Sep 20242,19522,80469.612.36$206,711
Aug 20242,11523,22275.632.06$207,879
Jul 20242,69926,15079.932.15$271,864
Jun 20242,62826,34778.082.63$274,592
May 20242,86530,32778.812.20$292,463
Apr 20243,21532,30784.451.66$325,111
Mar 20243,72038,04580.301.55$357,500
Feb 20243,12024,75076.091.78$281,546
Jan 20243,93327,49373.023.30$377,850
Dec 20233,59323,50071.262.61$317,389
Nov 20234,01927,72877.892.81$390,888
Oct 20234,20319,39185.443.09$418,970
Sep 20234,23625,66089.042.74$447,355
Aug 20235,23337,96780.522.67$522,842
Jul 20235,30737,24674.852.64$495,625
Jun 20233,35325,34468.962.26$288,462
May 20235,97744,98470.622.23$522,293
Apr 20236,09546,17778.122.24$579,474
Mar 20237,41150,06072.852.39$659,693
Feb 20237,28444,01775.112.47$655,633
Jan 20239,32862,36376.533.39$925,140
Dec 20226,74541,56876.415.73$753,532
Nov 20224,96427,60785.005.65$577,815
Oct 202211,63465,93287.185.86$1,400,862
Sep 202213,41070,93984.888.16$1,717,364
Aug 202216,86677,44194.529.13$2,300,991
Jul 202218,57686,921101.587.54$2,542,515
Jun 202218,85297,508115.097.98$2,947,518
May 202224,062110,718109.378.43$3,565,350
Apr 202226,382116,775104.226.84$3,547,993
Mar 202234,851135,967108.885.08$4,484,800
Feb 202235,074137,30691.054.86$3,860,636
Jan 202240,336157,17981.844.54$4,014,326
Dec 202139,075162,65371.323.90$3,421,033

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         1,434 bbl  × $106.41 =   $152,592
Gas               16,611 Mcf  × $  3.05 =    $50,594

────────────────────────────────────────────────────
Month total                                 $203,186

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/292231 is the state's own key, not one this site invented.