MARTIN, J. C.

Operated by PETROVYBE OPCO LLC (P-5 101779) in the SUN T S H (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208727District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Dec 2004 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
258
no gaps in the span
Streams
2
condensate, 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 326 leases and 350 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-15.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA OF 5% PER WELL 95% DEL. IF CAPACITY RESCINDED

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-03-13164180
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition8,815 bbl$611,503
GasProduction363,222 Mcf$2,077,574
Total$2,689,077

Wells on this lease (1)

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 28.2296, -99.1907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22961, -99.19070 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,000 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 8,000 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-28331853108,000 ftDec 2004

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 (258)

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

258 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026093959.138.00$7,510
Dec 20258056.664.41$453
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202501074.324.28$43
Dec 202401068.993.12$31
Nov 202401069.052.20$22
Oct 202401071.372.28$23
Sep 202401069.612.36$24
Aug 202401075.632.06$21
Jul 202401079.932.15$21
Jun 202401078.082.63$26
May 202401078.812.20$22
Apr 202401084.451.66$17
Mar 202401080.301.55$15
Feb 202401076.091.78$18
Jan 202401073.023.30$33
Dec 202301071.262.61$26
Nov 202301077.892.81$28
Oct 202301085.443.09$31
Sep 202301089.042.74$27
Aug 202301080.522.67$27
Jul 202301074.852.64$26
Jun 202301068.962.26$23
May 202301070.622.23$22
Apr 202301078.122.24$22
Mar 202301072.852.39$24
Feb 202301075.112.47$25
Jan 202301076.533.39$34
Dec 202201076.415.73$57
Nov 202201085.005.65$56
Oct 202201087.185.86$59
Sep 202201084.888.16$82
Aug 202201094.529.13$91
Jul 2022010101.587.54$75
Jun 2022010115.097.98$80
May 2022010109.378.43$84
Apr 2022010104.226.84$68
Mar 2022010108.885.08$51
Feb 202201091.054.86$49
Jan 202201081.844.54$45
Dec 202101071.323.90$39
Nov 20210077.435.24$0
Oct 202101079.795.71$57
Sep 202101069.865.35$54
Aug 202101066.024.22$42
Jul 202101070.783.98$40
Jun 202101069.493.38$34
May 202101063.483.02$30
Apr 202101060.362.76$28
Mar 202101061.302.72$27
Feb 202101057.805.55$55
Jan 202101050.412.81$28
Dec 202001044.642.68$27
Nov 202001038.772.71$27
Oct 2020111036.972.48$431
Sep 202001037.091.99$20
Aug 202001039.982.39$24
Jul 202001038.371.83$18
Jun 202001034.901.69$17
May 202001016.921.81$18
Apr 202001014.751.80$18
Mar 202001030.341.86$19
Feb 202001049.881.98$20
Jan 202001057.252.09$21
Dec 2019111059.012.30$672
Nov 201901055.302.75$28
Oct 201951053.472.42$292
Sep 201901055.052.66$27
Aug 201901053.112.30$23
Jul 201901056.272.46$25
Jun 201901052.782.49$25
May 201901058.482.74$27
Apr 2019111062.632.75$716
Mar 2019111056.803.06$655
Feb 2019121050.852.79$638
Jan 2019221046.033.23$1,045
Dec 201801046.594.19$42
Nov 201801152.934.24$47
Oct 20188961.443.40$522
Sep 201811959.543.11$683
Aug 201801059.403.07$31
Jul 2018111065.142.93$746
Jun 201892960.183.08$631
May 201802965.382.90$84
Apr 2018112663.842.90$778
Mar 201802561.222.79$70
Feb 2018112861.782.77$757
Jan 201872862.874.01$552
Dec 20170857.272.92$23
Nov 20170755.423.12$22
Oct 20170949.292.98$27
Sep 201701047.523.09$31
Aug 20178845.373.00$387
Jul 201704843.873.09$148
Jun 201706842.493.09$210
May 2017710145.373.26$647
Apr 2017012147.933.21$389
Mar 2017012146.772.98$361
Feb 20170850.452.95$24
Jan 20170649.413.42$21
Dec 20165648.763.72$266
Nov 2016060642.492.64$1,602
Oct 2016780946.193.09$2,823
Sep 20163041.553.10$125
Aug 20161527841.442.92$1,435
Jul 2016151,30041.622.92$4,426
Jun 2016056945.352.69$1,528
May 201606442.521.99$127
Apr 2016632036.561.99$856
Mar 2016725233.011.79$683
Feb 2016783226.472.06$1,902
Jan 201661,02427.352.36$2,585
Dec 201561,09832.362.00$2,392
Nov 201551,02838.792.17$2,422
Oct 2015950243.552.43$1,610
Sep 2015141,07542.992.76$3,567
Aug 2015152,09040.162.87$6,606
Jul 20151744448.152.95$2,126
Jun 20151861556.152.88$2,784
May 20151719155.212.96$1,503
Apr 20151735049.822.71$1,794
Mar 20151529442.892.93$1,506
Feb 20152134944.662.98$1,977
Jan 20154166943.433.10$3,855
Dec 20141712054.693.59$1,361
Nov 2014048270.464.25$2,049
Oct 20141723778.303.90$2,256
Sep 20141744686.164.05$3,269
Aug 20141742989.394.04$3,251
Jul 20141651696.564.18$3,702
Jun 201406798.164.74$317
May 20141718094.734.73$2,461
Apr 20141611195.944.81$2,069
Mar 20142536295.895.06$4,228
Feb 2014327697.406.19$2,001
Jan 2014713890.404.86$1,304
Dec 2013172,99291.824.35$14,590
Nov 2013163,02088.853.74$12,711
Oct 2013165,37797.423.78$21,880
Sep 2013325,069104.113.72$22,177
Aug 2013175,384104.253.52$20,738
Jul 2013435,774102.523.72$25,875
Jun 2013234,84994.403.93$21,244
May 2013223,42994.834.15$16,313
Apr 2013232,20293.964.28$11,591
Mar 20135798593.623.91$9,191
Feb 2013512,24291.233.42$12,320
Jan 2013302,09591.603.42$9,913
Dec 2012261,08086.773.42$5,950
Nov 2012191,70586.953.62$7,833
Oct 20123919989.383.40$4,162
Sep 2012425,58594.672.92$20,275
Aug 2012419,59292.662.91$31,694
Jul 2012809,92285.133.02$36,783
Jun 201208,39479.822.52$21,145
May 2012254,13191.612.49$12,570
Apr 2012735,805101.652.00$19,012
Mar 2012418,111105.052.22$22,330
Feb 2012964,029101.102.57$20,061
Jan 2012495,27098.092.73$19,215
Dec 2011506,79196.873.24$26,845
Nov 2011458,67695.723.31$33,036
Oct 2011485,37984.983.65$23,705
Sep 2011951,63483.623.99$14,457
Aug 201101,71783.404.15$7,124
Jul 2011321,91294.144.52$11,649
Jun 2011371,69592.904.64$11,302
May 2011057298.134.40$2,520
Apr 201167954105.964.33$11,233
Mar 20112993696.364.06$6,592
Feb 2011511,36485.644.18$10,069
Jan 20116514986.504.59$6,306
Dec 20109979485.734.35$11,939
Nov 20103236580.843.80$3,972
Oct 2010261,03178.103.51$5,648
Sep 2010471,26972.633.98$8,464
Aug 2010531,27873.684.42$9,553
Jul 2010501,20672.554.74$9,340
Jun 20102476570.364.91$5,445
May 20104767571.124.24$6,201
Apr 2010491,50481.694.12$10,203
Mar 2010741,34878.394.39$11,717
Feb 20104866673.585.44$7,156
Jan 20104888274.365.96$8,830
Dec 2009731,45271.445.48$13,178
Nov 2009451,28874.593.75$8,188
Oct 2009481,44672.544.11$9,425
Sep 2009471,51665.543.06$7,727
Aug 2009701,81467.423.22$10,558
Jul 2009461,00461.133.46$6,290
Jun 2009471,18966.163.90$7,741
May 2009971,31154.743.93$10,456
Apr 2009241,20646.773.59$5,449
Mar 2009731,26042.144.06$8,191
Feb 2009741,07732.814.63$7,418
Jan 20096993335.865.37$7,485
Dec 20087287137.105.98$7,877
Nov 2008471,14755.496.86$10,477
Oct 2008751,69175.246.92$17,348
Sep 2008714,449101.767.88$42,270
Aug 2008754,262114.228.48$44,721
Jul 2008985,294131.0811.39$73,141
Jun 2008755,103131.3313.03$76,355
May 2008954,170123.1711.57$59,966
Apr 2008714,534110.3110.45$55,234
Mar 2008964,459101.909.66$52,874
Feb 2008984,02692.538.77$44,378
Jan 20081213,54290.388.21$40,001
Dec 20071203,20388.337.30$33,988
Nov 2007673,91291.677.29$34,667
Oct 200712412282.856.92$11,118
Sep 2007592,08775.846.24$17,506
Aug 2007482,17769.066.39$17,221
Jul 2007831,89670.906.39$17,996
Jun 2007751,83962.007.55$18,532
May 2007672,38758.747.85$22,665
Apr 2007173,71259.617.81$29,986
Mar 2007601,67756.927.30$15,661
Feb 2007761,19255.108.22$13,981
Jan 20072135450.306.73$3,438
Dec 20061672,47656.656.92$26,591
Nov 2006721,81554.207.62$17,728
Oct 2006393,32654.906.01$22,143
Sep 20061143,02760.085.04$22,097
Aug 2006403,50268.717.34$28,453
Jul 20061044,12569.376.34$33,378
Jun 20061103,03266.286.38$26,647
May 20061232,85466.016.42$26,456
Apr 20061303,02964.397.36$30,666
Mar 20062013,96156.707.08$39,452
Feb 20061332,39157.597.75$26,192
Jan 20061061,98160.598.93$24,119
Dec 2005913,01354.9413.42$45,420
Nov 20051784,38254.6910.59$56,133
Oct 20052435,00958.3413.80$83,280
Sep 20052323,56061.4512.08$57,258
Aug 20051373,60061.519.80$43,695
Jul 20051104,07355.697.84$38,073
Jun 20051334,56352.337.38$40,640
May 20051254,29645.226.65$34,226
Apr 20051685,82349.207.36$51,126
Mar 20051696,80950.377.15$57,230
Feb 200524010,08845.226.31$74,527
Jan 200523910,08843.166.32$74,094
Dec 20043017,46739.866.75$62,408

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  939 Mcf  × $  8.00 =     $7,510

────────────────────────────────────────────────────
Month total                                   $7,510

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. 01/G/208727 is the state's own key, not one this site invented.