BARNHART (EF)-J.M. PRESTON SA2

Operated by MARATHON OIL EF LLC (P-5 525398) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12713District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.2 M
Oct 2023 – May 2026
Value, last 12 filed months
$4.4 M
at the published price for each month
Months reported
32
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition385,001 bbl$28,460,496
Casinghead gasProduction271,432 Mcf$755,019
Total$29,215,515

Every month this lease reported (32)

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

32 months

May 20266,5283,683106.413.05$705,862
Apr 20265,0733,07998.932.87$510,708
Mar 20261,09966889.753.15$100,739
Feb 20264,0192,69963.503.75$265,329
Jan 20265,8884,01059.138.00$380,229
Dec 20256,0574,23356.664.41$361,871
Nov 20254,2602,99958.593.93$261,369
Oct 20255,8744,01359.383.30$362,060
Sep 20255,0283,26062.743.08$325,487
Aug 20253,0132,11163.933.01$198,985
Jul 20255,7948,19766.743.32$413,866
Jun 20257,7286,73866.483.13$534,839
May 20258,5396,71760.553.23$538,748
Apr 202510,19912,80062.363.54$681,362
Mar 202510,4128,82567.704.27$742,560
Feb 20255,6713,39470.884.34$416,693
Jan 20251,47799074.324.28$114,007
Dec 20248,2075,48068.993.12$583,306
Nov 202411,85414,31069.052.20$849,978
Oct 202413,41612,95471.372.28$987,053
Sep 202413,09710,45769.612.36$936,406
Aug 202415,87811,24275.632.06$1,224,052
Jul 202418,52311,24579.932.15$1,504,682
Jun 202418,51112,10278.082.63$1,477,215
May 202415,1089,95678.812.20$1,212,549
Apr 202417,06511,47884.451.66$1,460,184
Mar 202420,18514,08880.301.55$1,642,623
Feb 202423,57914,40576.091.78$1,819,819
Jan 202428,62818,02773.023.30$2,149,863
Dec 202337,18920,99871.262.61$2,704,908
Nov 202346,37325,86377.892.81$3,684,605
Oct 202372941185.443.09$63,555

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                6,528 bbl  × $106.41 =   $694,644
Casinghead gas     3,683 Mcf  × $  3.05 =    $11,218

────────────────────────────────────────────────────
Month total                                 $705,862

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/12713 is the state's own key, not one this site invented.