RANCHO GRANDE TRUST UNIT NO. 1

Name: RANCHO GRANDE TRUST UNIT NO. 1 lease production and value, Aug 2014 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 11207District 02Field 86950600Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$65.1 M

Aug 2014 – May 2026

Value, last 12 filed months

$840 k

at the published price for each month

Months reported

142

no gaps in the span

Streams

oil, casinghead 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”

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.

Stream	Basis	Volume	Value
Oil	Disposition	996,713 bbl	$53,895,615
Casinghead gas	Production	3,564,386 Mcf	$11,231,383
Total			$65,126,998

Wells on this lease (12)

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 28.7844, -98.0321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

28.78207, -98.03152 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

50.0%

6 of 12 wells

With a plug date

0.0%

0 of 12 wells

Median depth

11,721 ft

12 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

650.0%

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.

650.0%

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, 12 of 12 wells. Median 11,721 ft, with the middle half between 11,706 and 11,757 ft; the shallowest is 11,630 ft and the deepest 11,808 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, 12 of 12 wells, Aug 2014 – Dec 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

Aug 2014 – Dec 2017

12 of 12 wells

12 wells


42-25535503	9H	11,751 ft	Dec 2017	—	Yes
42-25535505	10H	11,702 ft	Dec 2017	—	Yes
42-25535502	8H	11,706 ft	Dec 2017	—	—
42-25535012	4H	11,775 ft	Feb 2017	—	Yes
42-25535013	5H	11,710 ft	Feb 2017	—	Yes
42-25535016	6H	11,729 ft	Feb 2017	—	Yes
42-25535020	7H	11,630 ft	Feb 2017	—	Yes
42-25534282	2H	11,808 ft	Mar 2016	—	—
42-25534283	3H	11,780 ft	Mar 2016	—	—
42-25534699	501H	11,713 ft	Mar 2016	—	—
42-25534700	502H	11,705 ft	Mar 2016	—	—
42-25531655	1H	11,747 ft	Aug 2014	—	—

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 2026	834	2,299	106.41	3.05	$95,748
Apr 2026	939	2,130	98.93	2.87	$99,008
Mar 2026	969	2,188	89.75	3.15	$93,859
Feb 2026	663	952	63.50	3.75	$45,671
Jan 2026	560	1,873	59.13	8.00	$48,093
Dec 2025	748	1,330	56.66	4.41	$48,251
Nov 2025	931	2,485	58.59	3.93	$64,304
Oct 2025	737	2,336	59.38	3.30	$51,483
Sep 2025	627	2,624	62.74	3.08	$47,412
Aug 2025	853	2,741	63.93	3.01	$62,796
Jul 2025	1,014	2,929	66.74	3.32	$77,385
Jun 2025	1,429	3,544	66.48	3.13	$106,088
May 2025	2,508	4,097	60.55	3.23	$165,102
Apr 2025	1,471	3,014	62.36	3.54	$102,411
Mar 2025	2,208	3,836	67.70	4.27	$165,855
Feb 2025	1,624	3,315	70.88	4.34	$129,499
Jan 2025	2,429	3,318	74.32	4.28	$194,720
Dec 2024	1,749	4,964	68.99	3.12	$136,158
Nov 2024	1,268	2,951	69.05	2.20	$94,043
Oct 2024	744	1,456	71.37	2.28	$56,421
Sep 2024	1,147	2,199	69.61	2.36	$85,042
Aug 2024	1,469	2,669	75.63	2.06	$116,608
Jul 2024	1,564	4,254	79.93	2.15	$134,142
Jun 2024	1,180	3,698	78.08	2.63	$101,875
May 2024	1,774	4,998	78.81	2.20	$150,797
Apr 2024	1,876	3,408	84.45	1.66	$164,083
Mar 2024	2,509	5,809	80.30	1.55	$210,448
Feb 2024	3,011	5,293	76.09	1.78	$238,548
Jan 2024	983	4,618	73.02	3.30	$87,007
Dec 2023	2,026	8,115	71.26	2.61	$165,559
Nov 2023	2,665	8,000	77.89	2.81	$230,037
Oct 2023	2,753	10,362	85.44	3.09	$267,207
Sep 2023	2,466	10,121	89.04	2.74	$247,254
Aug 2023	2,294	12,445	80.52	2.67	$217,977
Jul 2023	2,798	13,813	74.85	2.64	$245,921
Jun 2023	2,116	12,160	68.96	2.26	$173,382
May 2023	3,551	10,824	70.62	2.23	$274,881
Apr 2023	4,091	21,892	78.12	2.24	$368,578
Mar 2023	4,564	19,786	72.85	2.39	$379,838
Feb 2023	2,821	8,503	75.11	2.47	$232,851
Jan 2023	4,500	20,763	76.53	3.39	$414,724
Dec 2022	3,226	16,400	76.41	5.73	$340,456
Nov 2022	3,766	17,497	85.00	5.65	$418,902
Oct 2022	3,487	17,550	87.18	5.86	$406,906
Sep 2022	3,052	19,253	84.88	8.16	$416,229
Aug 2022	3,229	20,036	94.52	9.13	$488,077
Jul 2022	4,025	23,739	101.58	7.54	$587,901
Jun 2022	6,501	28,487	115.09	7.98	$975,447
May 2022	3,271	18,298	109.37	8.43	$512,057
Apr 2022	3,836	21,685	104.22	6.84	$548,061
Mar 2022	5,043	27,236	108.88	5.08	$687,343
Feb 2022	3,538	17,403	91.05	4.86	$406,693
Jan 2022	10,764	54,234	81.84	4.54	$1,127,022
Dec 2021	4,418	24,441	71.32	3.90	$410,390
Nov 2021	4,714	27,517	77.43	5.24	$509,107
Oct 2021	4,980	29,006	79.79	5.71	$563,091
Sep 2021	4,244	27,434	69.86	5.35	$443,283
Aug 2021	5,296	29,586	66.02	4.22	$474,512
Jul 2021	4,604	33,188	70.78	3.98	$458,028
Jun 2021	5,060	42,224	69.49	3.38	$494,363
May 2021	4,105	38,814	63.48	3.02	$377,713
Apr 2021	6,016	39,689	60.36	2.76	$472,605
Mar 2021	5,965	30,926	61.30	2.72	$449,679
Feb 2021	3,983	26,488	57.80	5.55	$377,172
Jan 2021	5,614	26,647	50.41	2.81	$357,887
Dec 2020	5,773	21,064	44.64	2.68	$314,063
Nov 2020	6,878	31,953	38.77	2.71	$353,143
Oct 2020	7,841	41,098	36.97	2.48	$391,740
Sep 2020	6,171	25,232	37.09	1.99	$279,120
Aug 2020	6,270	32,766	39.98	2.39	$328,825
Jul 2020	5,659	28,372	38.37	1.83	$268,918
Jun 2020	6,628	31,687	34.90	1.69	$284,878
May 2020	6,250	33,854	16.92	1.81	$167,187
Apr 2020	7,930	41,682	14.75	1.80	$192,178
Mar 2020	4,887	24,786	30.34	1.86	$194,280
Feb 2020	2,749	13,632	49.88	1.98	$164,121
Jan 2020	5,372	30,322	57.25	2.09	$371,064
Dec 2019	5,042	23,674	59.01	2.30	$352,082
Nov 2019	5,682	29,458	55.30	2.75	$395,245
Oct 2019	5,790	33,422	53.47	2.42	$390,424
Sep 2019	5,115	27,618	55.05	2.66	$354,970
Aug 2019	4,553	26,047	53.11	2.30	$301,831
Jul 2019	5,251	32,469	56.27	2.46	$375,349
Jun 2019	5,731	37,498	52.78	2.49	$395,897
May 2019	6,584	28,220	58.48	2.74	$462,364
Apr 2019	7,656	41,803	62.63	2.75	$594,483
Mar 2019	5,360	25,879	56.80	3.06	$383,692
Feb 2019	9,941	42,688	50.85	2.79	$624,694
Jan 2019	11,207	41,514	46.03	3.23	$649,873
Dec 2018	8,715	30,396	46.59	4.19	$533,252
Nov 2018	9,287	30,234	52.93	4.24	$619,670
Oct 2018	10,284	31,364	61.44	3.40	$738,426
Sep 2018	11,992	47,360	59.54	3.11	$861,199
Aug 2018	12,101	46,019	59.40	3.07	$859,919
Jul 2018	11,870	42,521	65.14	2.93	$897,878
Jun 2018	13,906	45,209	60.18	3.08	$975,968
May 2018	18,157	55,206	65.38	2.90	$1,347,246
Apr 2018	22,970	68,830	63.84	2.90	$1,666,067
Mar 2018	27,788	79,683	61.22	2.79	$1,923,245
Feb 2018	28,042	73,571	61.78	2.77	$1,935,941
Jan 2018	36,747	88,240	62.87	4.01	$2,664,066
Dec 2017	46,064	93,117	57.27	2.92	$2,910,128
Nov 2017	6,719	16,039	55.42	3.12	$422,382
Oct 2017	6,160	19,549	49.29	2.98	$361,954
Sep 2017	6,746	23,167	47.52	3.09	$392,093
Aug 2017	5,220	22,315	45.37	3.00	$303,875
Jul 2017	5,524	27,578	43.87	3.09	$327,479
Jun 2017	5,549	29,312	42.49	3.09	$326,271
May 2017	6,355	21,966	45.37	3.26	$360,010
Apr 2017	7,200	19,899	47.93	3.21	$409,004
Mar 2017	12,969	26,186	46.77	2.98	$684,691
Feb 2017	13,588	27,407	50.45	2.95	$766,437
Jan 2017	4,044	15,772	49.41	3.42	$253,735
Dec 2016	10,469	43,752	48.76	3.72	$673,350
Nov 2016	11,710	45,515	42.49	2.64	$617,915
Oct 2016	13,637	55,990	46.19	3.09	$802,917
Sep 2016	15,689	60,755	41.55	3.10	$840,257
Aug 2016	19,888	69,016	41.44	2.92	$1,025,985
Jul 2016	23,750	74,082	41.62	2.92	$1,205,116
Jun 2016	27,682	85,414	45.35	2.69	$1,484,786
May 2016	46,114	107,350	42.52	1.99	$2,174,505
Apr 2016	67,955	159,275	36.56	1.99	$2,801,558
Mar 2016	64,956	146,988	33.01	1.79	$2,407,896
Feb 2016	79	817	26.47	2.06	$3,777
Jan 2016	41	774	27.35	2.36	$2,951
Dec 2015	79	643	32.36	2.00	$3,843
Nov 2015	120	2,828	38.79	2.17	$10,784
Oct 2015	171	5,047	43.55	2.43	$19,694
Sep 2015	832	4,365	42.99	2.76	$47,808
Aug 2015	1,212	4,242	40.16	2.87	$60,859
Jul 2015	1,087	3,696	48.15	2.95	$63,224
Jun 2015	1,418	4,532	56.15	2.88	$92,686
May 2015	883	3,760	55.21	2.96	$59,863
Apr 2015	984	4,291	49.82	2.71	$60,637
Mar 2015	859	5,841	42.89	2.93	$53,984
Feb 2015	863	5,740	44.66	2.98	$55,625
Jan 2015	1,291	6,455	43.43	3.10	$76,083
Dec 2014	1,892	7,507	54.69	3.59	$130,434
Nov 2014	1,810	8,000	70.46	4.25	$161,547
Oct 2014	1,724	7,212	78.30	3.90	$163,123
Sep 2014	2,001	6,931	86.16	4.05	$200,445
Aug 2014	0	0	89.39	4.04	$0

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                  834 bbl  × $106.41 =    $88,746
Casinghead gas     2,299 Mcf  × $  3.05 =     $7,002

────────────────────────────────────────────────────
Month total                                  $95,748

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/11207 is the state's own key, not one this site invented.