MORGAN 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 294512District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.5 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
103
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-1112023-06-14231439

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
CondensateDisposition210,647 bbl$12,605,433
GasProduction1,202,172 Mcf$3,914,446
Total$16,519,879

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 28.8037, -97.9943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80368, -97.99427 · 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
11,948 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 11,948 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-2553502210H11,948 ftOct 2017

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 (103)

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

103 months

May 2026620106.413.05$6,597
Apr 20262,9573,33498.932.87$302,104
Mar 20261,77681889.753.15$161,972
Feb 20262,07325063.503.75$132,573
Jan 20261,45150659.138.00$89,845
Dec 20254732,03156.664.41$35,764
Nov 20251491,02958.593.93$12,770
Oct 20256584,03859.383.30$52,417
Sep 20256034,14262.743.08$50,577
Aug 20258686,67163.933.01$75,603
Jul 20256075,81866.743.32$59,799
Jun 20256787,11566.483.13$67,334
May 20256066,80660.553.23$58,692
Apr 20256636,71262.363.54$65,126
Mar 20255906,34467.704.27$67,021
Feb 20257186,32570.884.34$78,348
Jan 20259457,24374.324.28$101,223
Dec 20245873,88768.993.12$52,630
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20248779.932.15$654
Jun 20242552,69678.082.63$27,012
May 20245744,77378.812.20$55,730
Apr 20244903,98084.451.66$47,984
Mar 20241,8205,10880.301.55$154,039
Feb 20245114,42476.091.78$46,773
Jan 20245084,50773.023.30$51,957
Dec 20236096,06071.262.61$59,218
Nov 20233131477.892.81$3,296
Oct 20233083,05285.443.09$35,738
Sep 20237256,18589.042.74$81,470
Aug 20236837,48080.522.67$74,988
Jul 20236757,25574.852.64$69,690
Jun 20236686,81868.962.26$61,464
May 20236876,55070.622.23$63,105
Apr 20234824,62478.122.24$48,001
Mar 20236655,51672.852.39$61,646
Feb 20237225,99775.112.47$69,016
Jan 20237626,26176.533.39$79,526
Dec 20226466,58276.415.73$87,070
Nov 20227665,76685.005.65$97,666
Oct 20226905,28787.185.86$91,156
Sep 20226237,07484.888.16$110,630
Aug 20227597,70594.529.13$142,065
Jul 20228418,049101.587.54$146,135
Jun 20228907,488115.097.98$162,163
May 20228157,127109.378.43$149,239
Apr 20228607,687104.226.84$142,190
Mar 20224373,030108.885.08$62,962
Feb 20226035,01091.054.86$79,246
Dec 20211,1019,07271.323.90$113,896
Nov 20211,0676,53077.435.24$116,814
Oct 20212672,37179.795.71$34,852
Sep 20211,2349,12269.865.35$135,018
Aug 20211,2228,19466.024.22$115,260
Jul 20211,2415,79770.783.98$110,922
Jun 20211,0577,92569.493.38$100,242
May 20211,26010,44963.483.02$111,516
Apr 20211,2828,17560.362.76$99,932
Mar 20213,8114,95761.302.72$247,082
Feb 20218252,05857.805.55$59,103
Jan 20215175,27050.412.81$40,872
Dec 20209779,74644.642.68$69,688
Nov 20201,13510,09038.772.71$71,313
Oct 20201,50814,46636.972.48$91,604
Sep 20201,35913,55037.091.99$77,384
Aug 20201,85117,61539.982.39$116,017
Jul 20201,0937,99438.371.83$56,528
Jun 20201,68016,06634.901.69$85,789
May 20201,76115,09316.921.81$57,186
Apr 20202,63019,72414.751.80$74,382
Mar 20201,2167,29630.341.86$50,436
Feb 20201,71710,52749.881.98$106,494
Jan 20206052,74657.252.09$40,388
Dec 20191,1065,64059.012.30$78,262
Nov 20191,2575,81355.302.75$85,502
Oct 20191,74310,39353.472.42$118,334
Sep 20192,39216,69255.052.66$176,035
Aug 20195062,16553.112.30$31,863
Jul 20191,25110,38556.272.46$95,941
Jun 20192,40518,04152.782.49$171,880
May 20191,5657,02458.482.74$110,769
Apr 20192,70724,98062.632.75$238,252
Mar 20193,13027,62956.803.06$262,387
Feb 20192,90923,91850.852.79$214,707
Jan 20192,26516,99546.033.23$159,121
Dec 20183,84131,35646.594.19$310,191
Nov 20184,28433,61852.934.24$369,200
Oct 20183,76931,18761.443.40$337,543
Sep 20185,49445,46659.543.11$468,421
Aug 20185,75039,31859.403.07$462,121
Jul 20185,60534,68665.142.93$466,805
Jun 20186,25633,82160.183.08$480,551
May 20188,02340,59165.382.90$642,290
Apr 20184,99521,31963.842.90$380,723
Mar 20185,89727,66461.222.79$438,109
Feb 20185,16420,72361.782.77$376,354
Jan 20189,03841,39162.874.01$734,169
Dec 201716,54863,11657.272.92$1,132,099
Nov 201719,41368,75655.423.12$1,290,274
Oct 201715,34139,17149.292.98$873,032

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            62 bbl  × $106.41 =     $6,597
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $6,597

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/294512 is the state's own key, not one this site invented.