RETZLOFF-TOM UNIT

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 9811District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.6 M
Oct 2011 – Sep 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
96
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
OilDisposition95,521 bbl$8,175,728
Casinghead gasProduction119,790 Mcf$389,621
Total$8,565,348

Every month this lease reported (96)

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

96 months

Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201738050645.373.00$18,761
Jul 201739772343.873.09$19,648
Jun 201740770742.493.09$19,476
May 201744873445.373.26$22,721
Apr 201739164747.933.21$20,819
Mar 201743555146.772.98$21,989
Feb 201742148150.452.95$22,660
Jan 201743775149.413.42$24,160
Dec 201644591448.763.72$25,101
Nov 201644762242.492.64$20,638
Oct 20164041,08546.193.09$22,014
Sep 20164761,19941.553.10$23,495
Aug 20165431,42841.442.92$26,678
Jul 20165861,42941.622.92$28,568
Jun 20164581,00745.352.69$23,475
May 201659496842.521.99$27,184
Apr 201637441236.561.99$14,494
Mar 20165021,06433.011.79$18,480
Feb 201653492926.472.06$16,052
Jan 201649383227.352.36$15,451
Dec 201567582432.362.00$23,492
Nov 201565792838.792.17$27,496
Oct 20156301,38443.552.43$30,795
Sep 20155371,27442.992.76$26,600
Aug 20156281,47540.162.87$29,457
Jul 20156301,49448.152.95$34,734
Jun 20156341,63656.152.88$40,315
May 20157061,83855.212.96$44,410
Apr 20156402,20249.822.71$37,845
Mar 20152702,21942.892.93$18,092
Feb 20152881,94744.662.98$18,657
Jan 20157493,56143.433.10$43,570
Dec 20148334,25654.693.59$60,842
Nov 20147631,42370.464.25$59,811
Oct 201436893378.303.90$32,454
Sep 20146391,50486.164.05$61,141
Aug 20147782,51589.394.04$79,694
Jul 20149502,72996.564.18$103,138
Jun 20141,2471,27198.164.74$128,426
May 20141,04491694.734.73$103,228
Apr 20148552,03795.944.81$91,825
Mar 20149352,27995.895.06$101,182
Feb 20148872,00797.406.19$98,821
Jan 20149821,20690.404.86$94,635
Dec 201392774091.824.35$88,339
Nov 20131,0741,13288.853.74$99,657
Oct 20131,12398097.423.78$113,106
Sep 20131,307290104.113.72$137,150
Aug 20131,3491,055104.253.52$144,350
Jul 20132,312879102.523.72$240,294
Jun 20131,3271,08094.403.93$129,517
May 20131,3501,09294.834.15$132,551
Apr 20131,4711,06293.964.28$142,763
Mar 20131,4261,03193.623.91$137,536
Feb 20131,36941791.233.42$126,320
Jan 20131,47243391.603.42$136,316
Dec 20121,4991,14186.773.42$133,971
Nov 20121,5051,54686.953.62$136,464
Oct 20122,1042,11289.383.40$195,236
Sep 20122,5902,29594.672.92$251,893
Aug 20122,3332,70092.662.91$224,028
Jul 20122,3452,72385.133.02$207,855
Jun 20122,7933,63679.822.52$232,096
May 20122,6263,68391.612.49$249,732
Apr 20122,9133,635101.652.00$303,365
Mar 20125,0332,280105.052.22$533,783
Feb 20123,5823,362101.102.57$370,781
Jan 20124,5833,97498.092.73$460,412
Dec 20114,6754,39296.873.24$467,096
Nov 201111,78811,27395.723.31$1,165,675
Oct 20112,148084.983.65$182,537

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.

Aug 2017 — as filed, then multipliedworked
Oil                  380 bbl  × $ 45.37 =    $17,241
Casinghead gas       506 Mcf  × $  3.00 =     $1,520

────────────────────────────────────────────────────
Month total                                  $18,761

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/9811 is the state's own key, not one this site invented.