LUNA UNIT

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 294358District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Nov 2018 – May 2026
Value, last 12 filed months
$370 k
at the published price for each month
Months reported
90
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 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-1112023-05-05231406

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
CondensateDisposition122,852 bbl$6,938,893
GasProduction488,731 Mcf$1,572,483
Total$8,511,375

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 28.8112, -97.9607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81119, -97.96070 · 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
12,277 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 12,277 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-2553584612H12,277 ftNov 2018

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 (90)

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

90 months

May 2026264731106.413.05$30,319
Apr 20264691,27098.932.87$50,043
Mar 202643445389.753.15$40,378
Feb 20264321,60663.503.75$33,455
Jan 20264641,46259.138.00$39,129
Dec 202528252256.664.41$18,282
Nov 202517576058.593.93$13,237
Oct 202511983059.383.30$9,809
Sep 20253391,56462.743.08$26,081
Aug 20253041,54363.933.01$24,086
Jul 20254891,73766.743.32$38,394
Jun 20256181,81566.483.13$46,763
May 20253951,48060.553.23$28,701
Apr 20252491,03162.363.54$19,181
Mar 20252061,01367.704.27$18,270
Feb 202525679570.884.34$21,596
Jan 20251941,01774.324.28$18,770
Dec 20241961,45568.993.12$18,064
Nov 20241981,34669.052.20$16,631
Oct 20243631,79871.372.28$30,009
Sep 20243421,85169.612.36$28,183
Aug 20244281,77775.632.06$36,037
Jul 20244361,67779.932.15$38,449
Jun 20244011,72278.082.63$35,846
May 20243811,85178.812.20$34,096
Apr 20249022,22784.451.66$79,869
Mar 20243942,65380.301.55$35,737
Feb 20243492,56276.091.78$31,125
Jan 202416184573.023.30$14,543
Dec 20233721,73571.262.61$31,038
Nov 20232611,71177.892.81$25,133
Oct 20233661,99485.443.09$37,427
Sep 20233562,02589.042.74$37,237
Aug 20233261,78180.522.67$31,010
Jul 20233732,01774.852.64$33,248
Jun 20234152,21968.962.26$33,630
May 20233642,08870.622.23$30,356
Apr 20233191,77278.122.24$28,886
Mar 20233492,87172.852.39$32,295
Feb 20232942,25775.112.47$27,647
Jan 20233923,01176.533.39$40,200
Dec 20224233,27076.415.73$51,056
Nov 20227135,03085.005.65$89,005
Oct 20226802,25787.185.86$72,517
Sep 20225461,67684.888.16$60,027
Aug 20226081,80894.529.13$73,970
Jul 20226502,286101.587.54$83,268
Jun 20223971,194115.097.98$55,216
May 20225911,646109.378.43$78,518
Apr 20224331,821104.226.84$57,579
Mar 20224881,677108.885.08$61,647
Feb 20222891,49791.054.86$33,587
Dec 20216233,63771.323.90$58,613
Nov 20216603,82677.435.24$71,140
Oct 20216563,43179.795.71$71,947
Sep 20216203,05769.865.35$59,671
Aug 20214402,97866.024.22$41,618
Jul 20214944,07270.783.98$51,180
Jun 20216283,30569.493.38$54,813
May 20211,1943,82363.483.02$87,332
Apr 20211,8063,53360.362.76$118,756
Mar 20211,1132,35861.302.72$74,633
Feb 20217732,67757.805.55$59,531
Jan 20218362,75750.412.81$49,891
Dec 20207122,98044.642.68$39,757
Nov 20209954,27738.772.71$50,152
Oct 20201,1245,42936.972.48$55,010
Sep 20204002,31637.091.99$19,447
Aug 20209636,09239.982.39$53,031
Jul 20207835,70538.371.83$40,456
Jun 20205783,65934.901.69$26,357
May 20201,1255,43516.921.81$28,898
Apr 20201,2775,69614.751.80$29,114
Mar 20201,6906,63930.341.86$63,598
Feb 20209264,13949.881.98$54,387
Jan 20201,5986,14357.252.09$104,353
Dec 20192,2347,64459.012.30$149,443
Nov 20192,6669,65355.302.75$173,982
Oct 20192,61614,34353.472.42$174,567
Sep 20193,82115,06155.052.66$250,367
Aug 20194,28927,97353.112.30$292,249
Jul 20193,20515,20656.272.46$217,753
Jun 20193,16612,94352.782.49$199,345
May 20193,75015,95258.482.74$263,014
Apr 20195,06220,46562.632.75$373,326
Mar 20196,39324,64456.803.06$438,585
Feb 20196,96019,55550.852.79$408,518
Jan 20199,32331,40846.033.23$530,528
Dec 201815,04751,51046.594.19$916,632
Nov 201812,06133,37452.934.24$779,802

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.

May 2026 — as filed, then multipliedworked
Condensate           264 bbl  × $106.41 =    $28,092
Gas                  731 Mcf  × $  3.05 =     $2,227

────────────────────────────────────────────────────
Month total                                  $30,319

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/294358 is the state's own key, not one this site invented.