BARNHART (EF)-J.M. PRESTON SA3

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 12714District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.1 M
Oct 2023 – May 2026
Value, last 12 filed months
$4.3 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
OilDisposition328,833 bbl$24,506,743
Casinghead gasProduction205,345 Mcf$544,395
Total$25,051,137

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 20265,377391106.413.05$573,357
Apr 20267,50960698.932.87$744,604
Mar 20263,04524189.753.15$274,048
Feb 20264,23336663.503.75$270,168
Jan 20264,5523,10459.138.00$293,985
Dec 20255,1233,57556.664.41$306,047
Nov 20257,0554,71358.593.93$431,858
Oct 20257,5195,15659.383.30$463,518
Sep 20255,2063,38562.743.08$337,040
Aug 20251,2831,25063.933.01$85,791
Jul 20252,2981,54166.743.32$158,477
Jun 20255,6813,65466.483.13$389,105
May 20255,6953,99460.553.23$357,742
Apr 20254,5214,49362.363.54$297,849
Mar 20252,78597067.704.27$192,685
Feb 20251,3041,24370.884.34$97,823
Jan 202525013774.324.28$19,166
Dec 20247,8855,29668.993.12$560,517
Nov 202411,17612,79569.052.20$799,832
Oct 20249,1786,71571.372.28$670,353
Sep 202412,02110,72669.612.36$862,142
Aug 202414,5429,78275.632.06$1,119,998
Jul 202416,6377,47779.932.15$1,345,845
Jun 202412,7457,64978.082.63$1,015,277
May 202413,2148,89578.812.20$1,060,950
Apr 202416,46711,07784.451.66$1,409,017
Mar 202419,95313,91380.301.55$1,623,723
Feb 202421,82613,60076.091.78$1,684,998
Jan 202423,39314,97073.023.30$1,757,523
Dec 202333,73219,61771.262.61$2,454,957
Nov 202341,97523,67477.892.81$3,335,899
Oct 202365334085.443.09$56,842

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                5,377 bbl  × $106.41 =   $572,167
Casinghead gas       391 Mcf  × $  3.05 =     $1,191

────────────────────────────────────────────────────
Month total                                 $573,357

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/12714 is the state's own key, not one this site invented.