DIRECT ASSETS 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.

Oil lease lease 10908District 02Field 86950600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$74.3 M
Aug 2014 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
142
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition1,104,262 bbl$60,211,192
Casinghead gasProduction4,511,343 Mcf$14,129,854
Total$74,341,046

Wells on this lease (10)

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 28.8056, -97.9855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

28.80669, -97.98498 · 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
30.0%
3 of 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
12,027 ft
10 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
330.0%
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.
770.0%

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

Total depth in feet, 10 of 10 wells. Median 12,027 ft, with the middle half between 11,993 and 12,062 ft; the shallowest is 11,972 ft and the deepest 12,082 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 10 wells, Feb 2015 – Oct 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 2015 – Oct 2017
10 of 10 wells

10 wells

42-2553504912H11,981 ftOct 2017Yes
42-255347307H12,055 ftFeb 2017
42-255347318H12,015 ftFeb 2017
42-255347339H11,998 ftFeb 2017
42-25534772501H11,991 ftFeb 2017
42-25534774503H11,972 ftFeb 2017
42-255341444H12,064 ftJan 2016Yes
42-255341433H12,079 ftJan 2016Yes
42-255334872H12,039 ftFeb 2015
42-2553374410H12,082 ftFeb 2015

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 (142)

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

142 months

May 20261,2294,407106.413.05$144,201
Apr 20262,3908,63898.932.87$261,231
Mar 20262,3938,21589.753.15$240,644
Feb 20269585,10963.503.75$79,993
Jan 20269764,74759.138.00$95,677
Dec 20251,6008,10056.664.41$126,404
Nov 20251,6818,98958.593.93$133,785
Oct 20252,04712,19359.383.30$161,847
Sep 20252,27112,27162.743.08$180,239
Aug 20251,96813,07163.933.01$165,220
Jul 20251,65210,51466.743.32$145,110
Jun 20251,62010,80666.483.13$141,507
May 20251,83911,15960.553.23$147,421
Apr 20251,88310,83162.363.54$155,799
Mar 20251,89710,52567.704.27$173,351
Feb 20251,4548,95470.884.34$141,927
Jan 20252,02210,68374.324.28$195,984
Dec 20241,3097,86168.993.12$114,845
Nov 20241,2179,75069.052.20$105,469
Oct 20241,2509,39171.372.28$110,637
Sep 20241,3399,65669.612.36$116,038
Aug 20241,4959,31675.632.06$132,292
Jul 20241,4968,45979.932.15$137,733
Jun 20241,58911,38778.082.63$154,062
May 20241,95311,44278.812.20$179,070
Apr 20241,8867,64784.451.66$171,961
Mar 20242,20212,13780.301.55$195,574
Feb 20242,03311,06376.091.78$174,423
Jan 20241,94511,59273.023.30$180,250
Dec 20232,15214,59071.262.61$191,442
Nov 20232,03414,35577.892.81$198,731
Oct 20232,15310,98585.443.09$217,866
Sep 20232,49710,61589.042.74$251,365
Aug 20232,30813,55880.522.67$222,079
Jul 20232,45513,73574.852.64$220,042
Jun 20232,17811,89168.962.26$177,050
May 20232,60714,12270.622.23$215,562
Apr 20233,72715,61478.122.24$326,094
Mar 20232,79214,13772.852.39$237,229
Feb 20231,3998,67875.112.47$126,476
Jan 20231,1336,53876.533.39$108,857
Dec 20221,2559,40476.415.73$149,771
Nov 20222,2499,17285.005.65$242,952
Oct 20222,0799,47887.185.86$236,824
Sep 20222,60714,01684.888.16$335,704
Aug 20222,11013,32794.529.13$321,075
Jul 20222,37814,506101.587.54$350,963
Jun 20222,42111,456115.097.98$370,020
May 20222,81714,485109.378.43$430,248
Apr 20222,79313,124104.226.84$380,823
Mar 20222,50816,880108.885.08$358,761
Feb 20221,5798,76691.054.86$186,361
Jan 20224,25922,77381.844.54$451,893
Dec 20211,72910,65871.323.90$164,869
Nov 20212,55215,77777.435.24$280,223
Oct 20212,71918,08479.795.71$320,279
Sep 20212,71116,77569.865.35$279,152
Aug 20212,77817,87766.024.22$258,855
Jul 20213,08518,84570.783.98$293,399
Jun 20212,89313,41169.493.38$246,372
May 20212,43716,53163.483.02$204,586
Apr 20212,97016,62460.362.76$225,125
Mar 20212,85016,49661.302.72$219,524
Feb 20211,8807,62357.805.55$150,956
Jan 20213,03016,39750.412.81$198,822
Dec 20203,55819,42144.642.68$210,789
Nov 20204,17423,08638.772.71$224,310
Oct 20204,23222,65936.972.48$212,616
Sep 20203,56621,68937.091.99$175,447
Aug 20203,99924,01339.982.39$217,153
Jul 20203,34621,22238.371.83$167,119
Jun 20202,90120,48034.901.69$135,862
May 20203,25019,47716.921.81$90,336
Apr 20203,99522,18614.751.80$98,958
Mar 20204,00924,54530.341.86$167,194
Feb 20204,06524,45949.881.98$251,207
Jan 20203,10616,11557.252.09$211,575
Dec 20193,33315,58159.012.30$232,585
Nov 20192,84713,76155.302.75$195,291
Oct 20194,08223,73953.472.42$275,678
Sep 20194,97829,11655.052.66$351,408
Aug 20195,02031,53653.112.30$339,283
Jul 20195,70534,41056.272.46$405,671
Jun 20195,60434,38052.782.49$381,427
May 20195,92035,67958.482.74$443,973
Apr 20195,17636,96962.632.75$425,864
Mar 20196,48838,52556.803.06$486,486
Feb 20195,90233,46050.852.79$393,544
Jan 20196,65633,89246.033.23$415,785
Dec 20186,90538,36346.594.19$482,270
Nov 20188,12839,90352.934.24$599,294
Oct 20187,74850,18761.443.40$646,577
Sep 20188,08549,70259.543.11$635,855
Aug 20189,46558,26359.403.07$740,888
Jul 20189,77859,67965.142.93$811,911
Jun 201811,47667,96260.183.08$899,739
May 201814,23276,84365.382.90$1,153,394
Apr 20189,15145,95763.842.90$717,512
Mar 20188,51447,92561.222.79$654,786
Feb 201810,02546,61361.782.77$748,282
Jan 201811,98748,67962.874.01$948,792
Dec 201716,97177,88857.272.92$1,199,481
Nov 201716,84576,01355.423.12$1,170,586
Oct 201736,610123,02449.292.98$2,171,571
Sep 201719,01468,56447.523.09$1,115,222
Aug 201719,37891,03945.373.00$1,152,697
Jul 201731,069129,67843.873.09$1,763,349
Jun 201733,873127,56642.493.09$1,833,096
May 201744,206152,67945.373.26$2,503,879
Apr 201754,449169,96247.933.21$3,155,591
Mar 201779,351225,99046.772.98$4,385,528
Feb 201757,963143,64350.452.95$3,348,354
Jan 20172,1757,04049.413.42$131,535
Dec 20162,4317,59648.763.72$146,814
Nov 20162,3526,54542.492.64$117,244
Oct 20162,3407,40646.193.09$130,971
Sep 20162,3137,88441.553.10$120,551
Aug 20162,4929,41041.442.92$130,787
Jul 20162,50510,93941.622.92$136,247
Jun 20162,55510,62845.352.69$144,414
May 20162,85714,56042.521.99$150,469
Apr 20163,05111,63136.561.99$134,702
Mar 20163,54013,07533.011.79$140,312
Feb 20163,62612,98226.472.06$122,770
Jan 20163,0317,27627.352.36$100,101
Dec 201527,44184,34932.362.00$1,056,808
Nov 201527,68078,21138.792.17$1,243,216
Oct 201539,453110,52243.552.43$1,986,369
Sep 201535,864103,98142.992.76$1,828,617
Aug 20153,36914,13640.162.87$175,905
Jul 20156,40130,96948.152.95$399,414
Jun 20155,92333,77556.152.88$429,945
May 20157,57254,72755.212.96$579,793
Apr 201512,72967,66849.822.71$817,307
Mar 201513,17640,80942.892.93$684,881
Feb 20152,2077,74144.662.98$121,603
Jan 20158,97523,81443.433.10$463,623
Dec 201413,79163,30354.693.59$981,574
Nov 201418,02951,98170.464.25$1,491,338
Oct 201423,46966,75478.303.90$2,098,027
Sep 201432,13595,19286.164.05$3,153,845
Aug 201421,92749,70189.394.04$2,160,604

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
Oil                1,229 bbl  × $106.41 =   $130,778
Casinghead gas     4,407 Mcf  × $  3.05 =    $13,423

────────────────────────────────────────────────────
Month total                                 $144,201

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/O/10908 is the state's own key, not one this site invented.