HARDY UNIT AC

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11749District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$59.6 M
Mar 2019 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
87
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
OilDisposition956,309 bbl$51,779,188
Casinghead gasProduction3,018,723 Mcf$7,851,463
Total$59,630,652

Wells on this lease (2)

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 28.9540, -97.9757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.95403, -97.97575 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,660 ft
2 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.
2100.0%

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

Between 10,653 and 10,667 ft, median 10,660 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2019
2 of 2 wells

2 wells

42-255362971H10,653 ftNov 2019
42-255362982H10,667 ftNov 2019

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 (87)

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

87 months

May 20261,7183,234106.413.05$192,663
Apr 20261,4933,38198.932.87$157,405
Mar 20261,59610,97889.753.15$177,816
Feb 20261,2636,03663.503.75$102,837
Jan 20261,3735,21059.138.00$122,855
Dec 20251,9343,98256.664.41$127,154
Nov 20252,1176,62158.593.93$150,032
Oct 20251,7917,04459.383.30$129,629
Sep 20256233,74762.743.08$50,616
Aug 20251,0925,22663.933.01$85,567
Jul 20251,7844,64266.743.32$134,453
Jun 20259254,52266.483.13$75,642
May 20251,0541,83860.553.23$69,761
Apr 20252,8792,79162.363.54$189,423
Mar 20251,8902,85067.704.27$140,118
Feb 20252,9325,78970.884.34$232,949
Jan 20252,9173,60474.324.28$232,212
Dec 20242,6924,04668.993.12$198,350
Nov 20241,8615,59669.052.20$140,805
Oct 20242,5146,97371.372.28$195,332
Sep 20242,4499,11169.612.36$192,017
Aug 20241,97710,78175.632.06$171,769
Jul 20243,86411,43179.932.15$333,387
Jun 20241,6585,66278.082.63$144,370
May 202424688978.812.20$21,342
Apr 20245943,37084.451.66$55,755
Mar 20241,7779,62880.301.55$157,570
Feb 20241,6837,30076.091.78$141,080
Jan 20241,7586,09573.023.30$148,468
Dec 20231,7397,24571.262.61$142,836
Nov 20232,0297,54277.892.81$179,213
Oct 20232,86110,18985.443.09$275,900
Sep 20232,29610,20689.042.74$232,350
Aug 20232,5055,57180.522.67$216,593
Jul 20232,2987,94174.852.64$192,984
Jun 20232,0436,87368.962.26$156,408
May 20231,3005,19370.622.23$103,373
Apr 20232,2547,38478.122.24$192,606
Mar 20232,4227,04972.852.39$193,312
Feb 20232,8718,13675.112.47$235,702
Jan 20232,8878,13376.533.39$248,494
Dec 20225492,93276.415.73$58,747
Nov 20221,3703,63285.005.65$136,957
Oct 20223,12510,28787.185.86$332,758
Sep 20223,16010,46484.888.16$353,646
Aug 20223,6398,48494.529.13$421,393
Jul 20223,22911,607101.587.54$415,543
Jun 20222,91211,429115.097.98$426,314
May 20223,34710,801109.378.43$457,147
Apr 20223,92210,190104.226.84$478,426
Mar 20223,8238,795108.885.08$460,895
Feb 20224,3789,95591.054.86$446,987
Jan 20224,1399,50481.844.54$381,862
Dec 20214,18911,03671.323.90$341,790
Nov 20214,38310,94977.435.24$396,714
Oct 20215,24116,82579.795.71$514,315
Sep 20215,93716,53069.865.35$503,210
Aug 20215,25314,64966.024.22$408,630
Jul 20211,6125,05070.783.98$134,207
Jun 20213069.493.38$208
May 202167944963.483.02$44,458
Apr 20217,05038,40560.362.76$531,475
Mar 202111,04267,78361.302.72$861,037
Feb 20218,08156,07857.805.55$778,200
Jan 202110,26375,90350.412.81$730,666
Dec 202011,41872,06744.642.68$702,512
Nov 202011,88677,35738.772.71$670,192
Oct 202013,42288,72836.972.48$716,117
Sep 202013,98389,11337.091.99$696,057
Aug 202016,20297,38839.982.39$880,036
Jul 202017,664102,90638.371.83$865,583
Jun 202019,362111,47634.901.69$864,163
May 202022,683128,17416.921.81$616,400
Apr 202025,313139,30814.751.80$624,731
Mar 202030,482164,96130.341.86$1,231,029
Feb 202035,137158,40649.881.98$2,066,384
Jan 202044,890180,88757.252.09$2,948,864
Dec 201959,445218,83659.012.30$4,012,126
Nov 201967,103170,85655.302.75$4,180,770
Oct 2019101,884169,85953.472.42$5,858,548
Sep 201999,785140,00655.052.66$5,865,199
Aug 2019110,737140,20253.112.30$6,204,318
Jul 201973,62892,61756.272.46$4,370,891
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$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                1,718 bbl  × $106.41 =   $182,812
Casinghead gas     3,234 Mcf  × $  3.05 =     $9,850

────────────────────────────────────────────────────
Month total                                 $192,663

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/11749 is the state's own key, not one this site invented.