MAY UNIT 1

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 294410District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$35.3 M
Jun 2018 – May 2026
Value, last 12 filed months
$802 k
at the published price for each month
Months reported
95
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-1112023-05-11231499

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
CondensateDisposition491,880 bbl$29,249,524
GasProduction1,910,016 Mcf$6,029,786
Total$35,279,310

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 28.8091, -97.9442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80915, -97.94423 · 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
12,369 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 12,369 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-255355939H12,369 ftJun 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 (95)

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

95 months

May 20261,4597,678106.413.05$178,638
Apr 20264648998.932.87$5,954
Mar 202614983689.753.15$16,006
Feb 20265242,12563.503.75$41,243
Jan 20266573,01759.138.00$62,978
Dec 20251,6465,87056.664.41$119,169
Nov 20251,6889,04958.593.93$134,430
Oct 20257717,70559.383.30$71,246
Sep 20252062.743.08$125
Aug 202532063.933.01$2,046
Jul 20255781,57266.743.32$43,787
Jun 20251,6275,77066.483.13$126,216
May 20251,5665,82060.553.23$113,633
Apr 20251,7875,30162.363.54$130,219
Mar 20251,9655,97067.704.27$158,512
Feb 20258633,05070.884.34$74,409
Jan 20251,83110,73674.324.28$182,016
Dec 20241,5235,79268.993.12$123,151
Nov 20241,9155,62569.052.20$144,597
Oct 20242,2457,82371.372.28$178,073
Sep 20242,3267,91769.612.36$180,632
Aug 20242,17510,00675.632.06$185,144
Jul 20241,5899,95679.932.15$148,380
Jun 20241,2928,47978.082.63$123,213
May 20241,59311,20378.812.20$150,173
Apr 20241,85911,40584.451.66$175,916
Mar 20241,1137,55780.301.55$101,050
Feb 20241,3327,26276.091.78$114,305
Jan 20241,0326,10273.023.30$95,479
Dec 20231,1926,55471.262.61$102,053
Nov 20231,1736,52077.892.81$109,670
Oct 20231,4698,97685.443.09$153,223
Sep 20231,6299,51689.042.74$171,073
Aug 20231,87512,13780.522.67$183,416
Jul 20232,71715,46674.852.64$244,226
Jun 20231,6847,66668.962.26$133,442
May 20231,3555,16970.622.23$107,204
Apr 20231,2325,34978.122.24$108,214
Mar 20231,0465,56172.852.39$89,509
Feb 20238132,92475.112.47$68,274
Jan 20232,5828,99676.533.39$228,076
Dec 20221,9718,80676.415.73$201,054
Nov 20222,5489,45285.005.65$269,948
Oct 20222,82810,44487.185.86$307,786
Sep 20222,5809,10784.888.16$293,337
Aug 20222,4899,18694.529.13$319,102
Jul 20222,41010,240101.587.54$322,039
Jun 20222,59710,548115.097.98$383,032
May 20223,38711,228109.378.43$465,122
Apr 20223,46511,643104.226.84$440,732
Mar 20223,35410,202108.885.08$416,973
Feb 20222,5428,17791.054.86$271,180
Dec 20213,45310,25071.323.90$286,234
Nov 20213,6029,89477.435.24$330,716
Oct 20213,70412,44379.795.71$366,640
Sep 20213,50212,52869.865.35$311,686
Aug 20213,58915,16966.024.22$300,968
Jul 20213,74016,07570.783.98$328,729
Jun 20213,70514,04369.493.38$304,935
May 20214,15914,73663.483.02$308,482
Apr 20213,82415,66760.362.76$274,033
Mar 20214,09118,31461.302.72$300,536
Feb 20212,75916,18057.805.55$249,236
Jan 20214,74817,70050.412.81$289,088
Dec 20204,94720,22144.642.68$274,935
Nov 20205,20619,47438.772.71$254,544
Oct 20205,63520,75236.972.48$259,758
Sep 20205,34423,15037.091.99$244,302
Aug 20204,58024,07439.982.39$240,527
Jul 20204,63825,69338.371.83$224,853
Jun 20204,47621,63834.901.69$192,787
May 20206,07626,48716.921.81$150,873
Apr 20206,42225,02214.751.80$139,874
Mar 20206,81827,40730.341.86$257,732
Feb 20206,97925,71849.881.98$399,051
Jan 202010,23028,53657.252.09$645,443
Dec 20197,78234,63659.012.30$539,030
Nov 20197,05438,82355.302.75$496,877
Oct 20198,84554,48753.472.42$604,721
Sep 20199,41443,53155.052.66$633,915
Aug 20198,91947,05553.112.30$582,120
Jul 20199,41241,71656.272.46$632,237
Jun 20199,82040,96752.782.49$620,357
May 201910,69145,47558.482.74$749,826
Apr 201911,90336,90962.632.75$847,010
Mar 201913,71137,68256.803.06$894,171
Feb 201913,45439,75850.852.79$795,149
Jan 201915,00951,80746.033.23$858,107
Dec 201816,35257,80446.594.19$1,003,775
Nov 201818,52964,18652.934.24$1,252,711
Oct 201822,32277,03161.443.40$1,633,221
Sep 201824,66385,10159.543.11$1,732,929
Aug 201829,054103,35859.403.07$2,042,761
Jul 201836,843121,98165.142.93$2,757,587
Jun 201815,75348,55660.183.08$1,097,418

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         1,459 bbl  × $106.41 =   $155,252
Gas                7,678 Mcf  × $  3.05 =    $23,386

────────────────────────────────────────────────────
Month total                                 $178,638

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/294410 is the state's own key, not one this site invented.