THREE SISTERS 01 - WK01 C

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 293573District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$33.9 M
Aug 2022 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
46
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2017-10-10.

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: GAS WELLS

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-1112023-03-03231703

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
CondensateDisposition277,112 bbl$21,935,390
GasProduction2,953,697 Mcf$11,999,319
Total$33,934,709

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 28.5479, -98.2173. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.54786, -98.21726 · 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
12,950 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 12,950 ft.

Completions filed
Aug 2022
1 of 1 wells

1 well

42-2973623303H12,950 ftAug 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 (46)

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

46 months

May 20264547,242106.413.05$70,368
Apr 202672610,93798.932.87$103,209
Mar 202694113,34089.753.15$126,468
Feb 20261,13815,98963.503.75$132,227
Jan 20261,66623,99259.138.00$290,397
Dec 20251,77723,95656.664.41$206,411
Nov 20251,30522,73558.593.93$165,728
Oct 20251,71127,93659.383.30$193,923
Sep 202581015,17262.743.08$97,502
Aug 20251,56431,26763.933.01$194,249
Jul 20251,72128,28266.743.32$208,620
Jun 20251,28426,08166.483.13$166,960
May 20251,20927,94260.553.23$163,522
Apr 20251,39330,61862.363.54$195,351
Mar 20251,66537,52667.704.27$272,893
Feb 20251,37236,98470.884.34$257,789
Jan 20251,55342,87074.324.28$298,846
Dec 20241,47313,66768.993.12$144,282
Nov 20241,88429,70769.052.20$195,399
Oct 20242,51452,31671.372.28$298,778
Sep 20243,09754,78569.612.36$345,114
Aug 20240075.632.06$0
Jul 20242,47840,25579.932.15$284,478
Jun 20243,71250,54678.082.63$422,970
May 20244,07151,21178.812.20$433,420
Apr 20243,83747,41384.451.66$402,702
Mar 20244,71452,64980.301.55$459,884
Feb 20244,42252,34376.091.78$429,831
Jan 20245,07161,16173.023.30$571,973
Dec 20234,59859,25771.262.61$482,357
Nov 20235,30663,55777.892.81$591,724
Oct 20234,47272,00485.443.09$604,384
Sep 20235,33573,53889.042.74$676,158
Aug 202310,88377,28280.522.67$1,082,865
Jul 20238,03690,53074.852.64$840,657
Jun 20236,60873,21468.962.26$621,040
May 20239,44898,73270.622.23$887,133
Apr 202310,129106,68978.122.24$1,030,022
Mar 202311,568122,98172.852.39$1,137,042
Feb 202311,107106,99175.112.47$1,098,052
Jan 202317,177145,13176.533.39$1,806,219
Dec 202218,434166,57876.415.73$2,362,881
Nov 202220,098188,09785.005.65$2,770,363
Oct 202228,558228,02687.185.86$3,826,776
Sep 202232,827251,64584.888.16$4,840,705
Aug 202212,966100,52394.529.13$2,143,036

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           454 bbl  × $106.41 =    $48,310
Gas                7,242 Mcf  × $  3.05 =    $22,058

────────────────────────────────────────────────────
Month total                                  $70,368

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/293573 is the state's own key, not one this site invented.