L.B. HAILEY UNIT

Operated by MARATHON OIL EF LLC (P-5 525398) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294318District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.2 M
Jun 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
1 month not filed
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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-1112023-05-05231476

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
CondensateDisposition330,482 bbl$24,230,494
GasProduction1,117,413 Mcf$3,936,491
Total$28,166,985

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 28.7989, -98.0044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79885, -98.00440 · 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
11,871 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 11,871 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-255330893H11,871 ftJun 2013

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 (155)

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

155 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202308774.852.64$230
Jun 2023165368.962.26$1,544
May 2023929270.622.23$1,286
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20221076.415.73$76
Nov 202272085.005.65$6,120
Oct 20222919887.185.86$3,689
Sep 20223391,01784.888.16$37,077
Aug 20226593,16194.529.13$91,140
Jul 20225402,242101.587.54$71,763
Jun 20226002,575115.097.98$89,595
May 20226582,819109.378.43$95,738
Apr 20226563,440104.226.84$91,890
Mar 20227282,909108.885.08$94,032
Feb 20224191,82191.054.86$46,998
Dec 20214633,55671.323.90$46,886
Nov 20215161,64877.435.24$48,584
Oct 20217152,63779.795.71$72,117
Sep 20216272,59669.865.35$57,693
Aug 20217513,20166.024.22$63,091
Jul 20217612,97570.783.98$65,710
Jun 20219934,39569.493.38$83,861
May 20216233,34363.483.02$49,636
Apr 20218136,84460.362.76$67,951
Mar 20219875,71061.302.72$76,017
Feb 20214711,96357.805.55$38,114
Jan 20217892,89550.412.81$47,909
Dec 20208766,53044.642.68$56,575
Nov 20207573,36038.772.71$38,443
Oct 20208813,91636.972.48$42,276
Sep 20207292,95737.091.99$32,926
Aug 20208493,61939.982.39$42,575
Jul 20209934,39138.371.83$46,116
Jun 20209008,98234.901.69$46,592
May 20209887,61116.921.81$30,529
Apr 20208093,49614.751.80$18,241
Mar 20201,03210,39930.341.86$50,614
Feb 20209617,25049.881.98$62,295
Jan 20201,3597,67557.252.09$93,880
Dec 20191,1209,03359.012.30$86,906
Nov 20191,0079,00555.302.75$80,457
Oct 20191,2264,93753.472.42$77,495
Sep 201936061655.052.66$21,455
Aug 20191,3703,32853.112.30$80,430
Jul 20191,14759456.272.46$66,003
Jun 20191,1884,87052.782.49$74,835
May 20191,5097,74058.482.74$109,456
Apr 20194391,60862.632.75$31,918
Mar 2019645256.803.06$1,725
Feb 20191061750.852.79$2,231
Jan 20191,0223,55346.033.23$58,512
Dec 20187332,58546.594.19$44,970
Nov 20182,2475,74152.934.24$143,260
Oct 20181,1894,02761.443.40$86,736
Sep 20181,5044,76259.543.11$104,348
Aug 20182,1095,17359.403.07$141,138
Jul 20182,1015,51365.142.93$153,023
Jun 20182,7313,30460.183.08$174,518
May 20183,2124,70465.382.90$223,646
Apr 20183,4354,75163.842.90$233,072
Mar 20184,67922,22461.222.79$348,383
Feb 20181,2982,25661.782.77$86,431
Jan 20182,7284,83662.874.01$190,898
Dec 20172,4693,78157.272.92$152,446
Nov 20173,0773,64855.423.12$181,903
Oct 20172,2805,01749.292.98$127,350
Sep 20171,6245,16847.523.09$93,128
Aug 20171,8585,23045.373.00$100,010
Jul 20172,5937,07143.873.09$135,585
Jun 20172,8269,05442.493.09$148,029
May 20177462,41045.373.26$41,711
Apr 20171,4905,08047.933.21$87,731
Mar 20172,4615,00346.772.98$130,028
Feb 20172,9965,31150.452.95$166,829
Jan 20172,7666,34949.413.42$158,374
Dec 20162,30210,32248.763.72$150,673
Nov 20161,8487,78942.492.64$99,118
Oct 20162,4027,62046.193.09$134,496
Sep 20162,3466,68841.553.10$118,213
Aug 20162,8049,89141.442.92$145,122
Jul 20162,3458,36341.622.92$122,055
Jun 20162,6258,41245.352.69$141,637
May 20162,8498,79042.521.99$138,641
Apr 20163,0889,59936.561.99$132,009
Mar 20163,46912,82433.011.79$137,518
Feb 20163,05012,49726.472.06$106,523
Jan 20162,6619,82427.352.36$96,006
Dec 20152,01616,41332.362.00$98,087
Nov 20152,36624,06038.792.17$143,923
Oct 20152,68411,32643.552.43$144,372
Sep 20153,38113,59142.992.76$182,839
Aug 20153,07513,25740.162.87$161,573
Jul 20153,67120,32748.152.95$236,623
Jun 20152,4729,46056.152.88$166,075
May 20152,73310,52155.212.96$181,983
Apr 20153,47112,20849.822.71$205,967
Mar 20153,77011,64342.892.93$195,864
Feb 20153,51212,15244.662.98$193,013
Jan 20153,91612,64143.433.10$209,267
Dec 20144,47315,94754.693.59$301,900
Nov 20144,44413,80770.464.25$371,829
Oct 20144,63215,83678.303.90$424,461
Sep 20144,65617,43486.164.05$471,689
Aug 20145,16917,36289.394.04$532,115
Jul 20144,90817,46996.564.18$546,930
Jun 20146,36819,64898.164.74$718,153
May 20147,76523,74994.734.73$847,830
Apr 20147,21022,53395.944.81$800,091
Mar 20148,73028,43695.895.06$980,915
Feb 20148,21629,28597.406.19$981,571
Jan 201410,05632,61490.404.86$1,067,590
Dec 201312,22837,81391.824.35$1,287,431
Nov 201310,96838,69088.853.74$1,119,141
Oct 201312,37538,81197.423.78$1,352,253
Sep 201313,85741,126104.113.72$1,595,548
Aug 201317,35851,899104.253.52$1,992,391
Jul 201321,23947,476102.523.72$2,353,926
Jun 20137,06414,74694.403.93$724,844

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Jul 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.85 =         $0
Gas                   87 Mcf  × $  2.64 =       $230

────────────────────────────────────────────────────
Month total                                     $230

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/294318 is the state's own key, not one this site invented.