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KENNEDY

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 294525District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.4 M
Sep 2016 – May 2026
Value, last 12 filed months
$409 k
at the published price for each month
Months reported
116
1 month not filed
Streams
2
condensate, gas

The SUGARKANE (EAGLE FORD) field

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-1112023-05-15231445

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
CondensateDisposition206,181 bbl$10,830,302
GasProduction1,411,962 Mcf$4,580,354
Total$15,410,656

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 28.7372, -98.0033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73724, -98.00334 · 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
12,414 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 12,414 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-2553484212H12,414 ftSep 2016——

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 (116)

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

116 months

May 20262292,873106.413.05$33,119
Apr 20262692,29898.932.87$33,207
Mar 20264293,22389.753.15$48,653
Feb 20264934,20163.503.75$47,061
Jan 20265285,66459.138.00$76,521
Dec 20251032,05856.664.41$14,919
Nov 202517468958.593.93$12,900
Oct 20253342,87959.383.30$29,348
Sep 20251921,63962.743.08$17,089
Aug 20253562,36663.933.01$29,892
Jul 20253821,80066.743.32$31,462
Jun 20254132,23766.483.13$34,455
May 20253392,49360.553.23$28,585
Apr 20253751,05662.363.54$27,127
Mar 20251929067.704.27$13,383
Feb 20253502,16970.884.34$34,223
Jan 20252372,47574.324.28$28,204
Dec 2024851,63968.993.12$10,980
Nov 20243612,23969.052.20$29,849
Oct 20241451,91671.372.28$14,720
Sep 20247389369.612.36$7,193
Aug 20242082,24375.632.06$20,360
Jul 20244653,64479.932.15$44,990
Jun 20243542,87078.082.63$35,200
May 2024801178.812.20$6,329
Apr 202413184.451.66$1,100
Mar 202420280.301.55$1,609
Feb 202415512976.091.78$12,024
Jan 20243873,56573.023.30$40,015
Dec 20234804,60471.262.61$46,225
Nov 20237054,71277.892.81$68,142
Oct 20236374,75185.443.09$69,093
Sep 20233764,17289.042.74$44,890
Aug 20232673,24780.522.67$30,178
Jul 20232113,10774.852.64$24,001
Jun 20231512,66668.962.26$16,434
May 20231453,13270.622.23$17,216
Apr 20234184,41978.122.24$42,543
Mar 20233684,27572.852.39$37,040
Feb 20235454,17175.112.47$51,219
Jan 20233825,04176.533.39$46,312
Dec 20224425,91476.415.73$67,655
Nov 20224105,77685.005.65$67,462
Oct 20224335,05787.185.86$67,402
Sep 20224574,87084.888.16$78,547
Aug 20225095,64894.529.13$99,661
Jul 20224415,796101.587.54$88,511
Jun 20225536,415115.097.98$114,819
May 20227327,124109.378.43$140,136
Apr 20227446,800104.226.84$124,035
Mar 20227106,617108.885.08$110,895
Feb 20225965,82191.054.86$82,549
Dec 20215455,38671.323.90$59,870
Nov 20216045,84277.435.24$77,361
Oct 20215364,94479.795.71$71,017
Sep 20215654,99169.865.35$66,177
Aug 20216965,33966.024.22$68,484
Jul 20217685,42670.783.98$75,966
Jun 20214332,37569.493.38$38,118
May 20216385,47763.483.02$57,028
Apr 20217536,39360.362.76$63,086
Mar 20218058,01061.302.72$71,109
Feb 20214165,13257.805.55$52,517
Jan 20214194,00550.412.81$32,377
Dec 20206437,80844.642.68$49,594
Nov 20205025,53438.772.71$34,441
Oct 20206527,71636.972.48$43,228
Sep 202079511,53237.091.99$52,447
Aug 20206798,91639.982.39$48,412
Jul 20206619,34438.371.83$42,416
Jun 20206699,00834.901.69$38,574
May 20209668,96516.921.81$32,614
Apr 20209748,66814.751.80$30,007
Mar 20201,1019,15530.341.86$50,398
Feb 20209468,29049.881.98$63,606
Jan 20209459,56957.252.09$74,146
Dec 20191,1179,52259.012.30$87,856
Nov 20191,1899,21555.302.75$91,099
Oct 20191,22010,87153.472.42$91,525
Sep 20191,12911,10155.052.66$91,650
Aug 20191,46713,79153.112.30$109,692
Jul 201991610,34256.272.46$76,985
Jun 20191,31112,02552.782.49$99,151
May 20191,45213,80958.482.74$122,754
Apr 20191,45314,05562.632.75$129,662
Mar 20191,74414,49456.803.06$143,441
Feb 20191,98214,88250.852.79$142,339
Jan 20192,18619,84446.033.23$164,682
Dec 201895010,79646.594.19$89,447
Nov 20181,99023,32552.934.24$204,164
Oct 20182,27925,67461.443.40$227,264
Sep 20181,71013,33359.543.11$143,252
Aug 20181,90516,16659.403.07$162,731
Jul 20181,73714,69265.142.93$156,223
Jun 20181,81315,58260.183.08$157,051
May 20182,33218,91965.382.90$207,346
Apr 20182,11017,69463.842.90$186,029
Mar 20182,26618,50361.222.79$190,289
Feb 20182,22720,06861.782.77$193,095
Jan 20182,87128,44462.874.01$294,541
Dec 20173,60033,59657.272.92$304,323
Nov 20174,30337,05355.423.12$354,017
Oct 20175,21141,09049.292.98$379,450
Sep 20174,21938,79047.523.09$320,242
Aug 20174,19227,58945.373.00$273,079
Jul 20175,46336,18943.873.09$351,387
Jun 20175,49231,65542.493.09$331,083
May 20176,57735,25045.373.26$413,433
Apr 20177,38337,48947.933.21$474,267
Mar 20177,87139,95046.772.98$487,325
Feb 20178,91745,52850.452.95$584,289
Jan 201711,33254,87549.413.42$747,521
Dec 201613,81964,47548.763.72$913,844
Nov 201615,07071,66942.492.64$829,842
Oct 201621,28982,28546.193.09$1,237,621
Sep 20164,92316,01041.553.10$254,192

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           229 bbl  × $106.41 =    $24,368
Gas                2,873 Mcf  × $  3.05 =     $8,751

────────────────────────────────────────────────────
Month total                                  $33,119

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/294525 is the state's own key, not one this site invented.