STRAUBE 01 - LS02 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 292235District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$35.6 M
Dec 2021 – May 2026
Value, last 12 filed months
$453 k
at the published price for each month
Months reported
54
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-1112022-07-28230734

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
CondensateDisposition273,770 bbl$24,507,617
GasProduction2,305,691 Mcf$11,053,024
Total$35,560,641

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 29.0581, -97.5445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05809, -97.54450 · 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
13,568 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 13,568 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-1233507501H13,568 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 202619817,117106.413.05$73,205
Apr 202615814,17898.932.87$56,318
Mar 20269013,86289.753.15$51,735
Feb 202619615,34263.503.75$69,983
Jan 202620513,75359.138.00$122,117
Dec 20252827,54856.664.41$49,290
Nov 202510625358.593.93$7,204
Oct 202575059.383.30$4,454
Sep 202563062.743.08$3,953
Aug 202569063.933.01$4,411
Jul 202516066.743.32$1,068
Jun 20251312166.483.13$8,775
May 20254805,21460.553.23$45,917
Apr 202599310,63462.363.54$99,601
Mar 20253975,38067.704.27$49,840
Feb 20253215,50170.884.34$46,631
Jan 202586114,04674.324.28$124,088
Dec 202491515,65068.993.12$111,975
Nov 202486115,66869.052.20$93,897
Oct 20241,11616,10271.372.28$116,384
Sep 20241,74816,66369.612.36$161,076
Aug 20242,71916,25575.632.06$239,182
Jul 20242,29018,55779.932.15$222,874
Jun 20242,01121,83678.082.63$214,534
May 20242,21124,92978.812.20$229,054
Apr 20242,13226,01184.451.66$223,205
Mar 20242,01132,03880.301.55$210,986
Feb 20243,14343,33676.091.78$316,447
Jan 20242,55245,19373.023.30$335,378
Dec 20232,71345,76471.262.61$312,805
Nov 20232,38946,74277.892.81$317,310
Oct 20232,56152,26985.443.09$380,181
Sep 20233,04243,50689.042.74$389,850
Aug 20232,93331,72780.522.67$320,968
Jul 20233,24530,15974.852.64$322,562
Jun 20233,62030,32968.962.26$318,133
May 20234,15934,61570.622.23$370,810
Apr 20234,03436,83378.122.24$397,559
Mar 20233,43738,71972.852.39$343,046
Feb 20234,92440,66275.112.47$470,101
Jan 20236,35249,05776.533.39$652,310
Dec 20225,96255,19376.415.73$771,762
Nov 20226,69059,23285.005.65$903,086
Oct 20228,12364,50187.185.86$1,086,382
Sep 20228,65470,33584.888.16$1,308,744
Aug 202210,72080,44394.529.13$1,747,471
Jul 202212,30690,597101.587.54$1,933,333
Jun 202214,40797,023115.097.98$2,432,074
May 202215,048115,147109.378.43$2,616,839
Apr 202222,227123,460104.226.84$3,160,668
Mar 202225,711143,443108.885.08$3,527,588
Feb 202222,687157,54391.054.86$2,831,128
Jan 202230,488196,39481.844.54$3,386,311
Dec 202118,988156,91171.323.90$1,966,039

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           198 bbl  × $106.41 =    $21,069
Gas               17,117 Mcf  × $  3.05 =    $52,136

────────────────────────────────────────────────────
Month total                                  $73,205

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/292235 is the state's own key, not one this site invented.