STRAUBE 01 - W01 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 292327District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.9 M
Dec 2021 – May 2026
Value, last 12 filed months
$773 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-1112022-07-29230735

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
CondensateDisposition173,038 bbl$15,673,281
GasProduction2,831,329 Mcf$14,230,071
Total$29,903,352

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 29.0268, -97.5126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02680, -97.51264 · 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
13,727 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 13,727 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-1233507701H13,727 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 202648512,410106.413.05$89,408
Apr 202638810,27998.932.87$67,883
Mar 202646010,91189.753.15$75,649
Feb 20263578,81663.503.75$55,732
Jan 202645010,16459.138.00$107,899
Dec 202547411,38156.664.41$77,085
Nov 20251537,88358.593.93$39,916
Oct 2025418,31459.383.30$29,911
Sep 2025357,07562.743.08$23,965
Aug 20251459,10163.933.01$36,707
Jul 202550914,74466.743.32$82,850
Jun 202549417,03966.483.13$86,151
May 202540115,91360.553.23$75,716
Apr 202555114,68562.363.54$86,391
Mar 202549613,30167.704.27$90,352
Feb 202547812,03870.884.34$86,136
Jan 202557514,14474.324.28$103,252
Dec 202451416,05568.993.12$85,574
Nov 202459216,52669.052.20$77,209
Oct 202454517,73471.372.28$79,355
Sep 202463919,61269.612.36$90,851
Aug 202480520,10275.632.06$102,365
Jul 202487821,23279.932.15$115,755
Jun 202497920,31978.082.63$129,960
May 20241,04321,37678.812.20$129,193
Apr 20241,06224,53684.451.66$130,396
Mar 202491429,89880.301.55$119,591
Feb 20241,14930,76476.091.78$142,299
Jan 202482932,19973.023.30$166,715
Dec 202371033,55771.262.61$138,203
Nov 20231,03438,62577.892.81$188,980
Oct 20231,28147,60885.443.09$256,428
Sep 20231,35738,89189.042.74$227,196
Aug 20231,50231,13280.522.67$204,153
Jul 20231,65532,90674.852.64$210,808
Jun 20231,58234,78468.962.26$187,654
May 20232,61640,55670.622.23$275,076
Apr 20233,04541,59278.122.24$330,948
Mar 20232,15346,00672.852.39$266,946
Feb 20233,14145,51375.112.47$348,141
Jan 20233,96654,95376.533.39$489,683
Dec 20223,58560,66176.415.73$621,462
Nov 20224,13969,01385.005.65$741,476
Oct 20224,95987,18687.185.86$943,563
Sep 20226,612103,37884.888.16$1,405,171
Aug 20228,073114,90994.529.13$1,811,853
Jul 20229,432133,637101.587.54$1,966,004
Jun 202210,237131,096115.097.98$2,223,955
May 202210,478156,965109.378.43$2,469,671
Apr 202215,001169,612104.226.84$2,723,143
Mar 202216,441199,608108.885.08$2,803,386
Feb 202214,631196,67591.054.86$2,287,765
Jan 202218,677258,61681.844.54$2,702,042
Dec 202110,290195,29971.323.90$1,495,377

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           485 bbl  × $106.41 =    $51,609
Gas               12,410 Mcf  × $  3.05 =    $37,799

────────────────────────────────────────────────────
Month total                                  $89,408

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/292327 is the state's own key, not one this site invented.