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 230551District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Dec 2006 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
234
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 IF CAPACITY RESCINDED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 Gas112008-03-26180602
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
CondensateDisposition3,037 bbl$188,828
GasProduction362,868 Mcf$1,725,761
Total$1,914,589

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 28.2384, -99.1886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23842, -99.18864 · 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
7,900 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 7,900 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-28331986197,900 ftDec 2006

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 (234)

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

234 months

May 2026028106.413.05$85
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202602,28959.138.00$18,307
Dec 2025092856.664.41$4,096
Nov 2025058758.593.93$2,305
Oct 2025062359.383.30$2,059
Sep 2025057062.743.08$1,754
Aug 2025073163.933.01$2,204
Jul 2025065666.743.32$2,175
Jun 2025057566.483.13$1,799
May 2025076060.553.23$2,457
Apr 2025054562.363.54$1,931
Mar 2025077267.704.27$3,295
Feb 2025077870.884.34$3,377
Jan 2025046874.324.28$2,002
Dec 2024069768.993.12$2,176
Nov 2024068569.052.20$1,506
Oct 2024067871.372.28$1,547
Sep 2024069769.612.36$1,648
Aug 2024067175.632.06$1,385
Jul 2024085079.932.15$1,825
Jun 2024080878.082.63$2,128
May 2024056478.812.20$1,240
Apr 2024065284.451.66$1,082
Mar 2024068780.301.55$1,062
Feb 2024066576.091.78$1,186
Jan 2024057773.023.30$1,903
Dec 2023081571.262.61$2,128
Nov 2023087177.892.81$2,445
Oct 2023085685.443.09$2,643
Sep 202301,00089.042.74$2,735
Aug 2023085980.522.67$2,296
Jul 2023079974.852.64$2,111
Jun 2023096668.962.26$2,182
May 202301,07270.622.23$2,388
Apr 2023093478.122.24$2,090
Mar 202301,10072.852.39$2,632
Feb 202301,15075.112.47$2,836
Jan 2023098976.533.39$3,350
Dec 2022091176.415.73$5,219
Nov 2022094585.005.65$5,336
Oct 202201,03487.185.86$6,063
Sep 2022062284.888.16$5,078
Aug 202201,08294.529.13$9,876
Jul 202201,099101.587.54$8,289
Jun 202201,099115.097.98$8,767
May 202201,179109.378.43$9,943
Apr 202201,018104.226.84$6,961
Mar 20220960108.885.08$4,873
Feb 2022052191.054.86$2,531
Jan 2022066081.844.54$2,995
Dec 2021084771.323.90$3,303
Nov 2021082377.435.24$4,310
Oct 2021066179.795.71$3,777
Sep 2021085069.865.35$4,548
Aug 2021085066.024.22$3,588
Jul 2021074470.783.98$2,963
Jun 2021076569.493.38$2,586
May 2021081163.483.02$2,447
Apr 2021086960.362.76$2,397
Mar 2021087361.302.72$2,372
Feb 2021065457.805.55$3,628
Jan 2021083150.412.81$2,335
Dec 2020081244.642.68$2,172
Nov 2020074738.772.71$2,022
Oct 2020085236.972.48$2,112
Sep 2020088637.091.99$1,764
Aug 2020078539.982.39$1,872
Jul 2020089438.371.83$1,632
Jun 2020099934.901.69$1,689
May 202001,16616.921.81$2,116
Apr 202001,23414.751.80$2,227
Mar 202001,32030.341.86$2,450
Feb 202001,32149.881.98$2,616
Jan 202001,30757.252.09$2,738
Dec 201901,39459.012.30$3,212
Nov 201901,45655.302.75$4,005
Oct 201901,44853.472.42$3,502
Sep 2019097355.052.66$2,586
Aug 201901,03253.112.30$2,378
Jul 201901,14156.272.46$2,807
Jun 201901,15752.782.49$2,882
May 201901,14958.482.74$3,149
Apr 2019087362.632.75$2,401
Mar 201901,19456.803.06$3,656
Feb 201901,25350.852.79$3,499
Jan 201901,32646.033.23$4,281
Dec 201801,18646.594.19$4,964
Nov 201801,34052.934.24$5,678
Oct 201801,10861.443.40$3,765
Sep 201801,19959.543.11$3,726
Aug 201801,40359.403.07$4,302
Jul 201801,44765.142.93$4,242
Jun 201801,38360.183.08$4,255
May 201801,64765.382.90$4,778
Apr 201801,55563.842.90$4,511
Mar 201801,59061.222.79$4,431
Feb 201801,54261.782.77$4,265
Jan 201801,61262.874.01$6,463
Dec 201701,75657.272.92$5,130
Nov 201701,26955.423.12$3,957
Oct 201701,30949.292.98$3,906
Sep 201701,64447.523.09$5,075
Aug 201701,91745.373.00$5,759
Jul 201701,46343.873.09$4,517
Jun 201701,67842.493.09$5,180
May 201701,39145.373.26$4,539
Apr 2017081647.933.21$2,621
Mar 2017081646.772.98$2,435
Feb 2017036950.452.95$1,090
Jan 2017032349.413.42$1,104
Dec 2016044148.763.72$1,642
Nov 2016080742.492.64$2,134
Oct 201611,42846.193.09$4,459
Sep 201621,22641.553.10$3,884
Aug 201611,67141.442.92$4,928
Jul 201631,34841.622.92$4,067
Jun 201601,27245.352.69$3,416
May 201601,29842.521.99$2,584
Apr 201611,46936.561.99$2,961
Mar 2016282233.011.79$1,541
Feb 201611,42526.472.06$2,967
Jan 201611,57227.352.36$3,744
Dec 201511,52732.362.00$3,089
Nov 201521,53838.792.17$3,411
Oct 201511,83643.552.43$4,499
Sep 201521,45842.992.76$4,108
Aug 201511,79240.162.87$5,188
Jul 201511,85848.152.95$5,520
Jun 201501,29856.152.88$3,742
May 201511,40355.212.96$4,202
Apr 201511,01549.822.71$2,797
Mar 201501,68842.892.93$4,954
Feb 201511,78744.662.98$5,363
Jan 201511,93343.433.10$6,037
Dec 201401,28754.693.59$4,622
Nov 201401,14870.464.25$4,881
Oct 201401,33378.303.90$5,200
Sep 201401,34386.164.05$5,433
Aug 201411,21389.394.04$4,984
Jul 201401,55096.564.18$6,478
Jun 201401,21898.164.74$5,770
May 201411,40694.734.73$6,740
Apr 201411,42295.944.81$6,935
Mar 201421,41195.895.06$7,327
Feb 201411,04397.406.19$6,556
Jan 2014185790.404.86$4,256
Dec 201301,61791.824.35$7,041
Nov 20130188.853.74$4
Oct 20130197.423.78$4
Sep 201311,216104.113.72$4,625
Aug 201315,430104.253.52$19,232
Jul 201321,505102.523.72$5,800
Jun 201311,30894.403.93$5,239
May 201311,22094.834.15$5,157
Apr 201311,35393.964.28$5,888
Mar 201321,12693.623.91$4,593
Feb 201321,07791.233.42$3,866
Jan 201321,37591.603.42$4,886
Dec 201231,75586.773.42$6,263
Nov 201223,85886.953.62$14,159
Oct 201221,19289.383.40$4,231
Sep 201221,14394.672.92$3,525
Aug 201221,24292.662.91$3,797
Jul 201241,07085.133.02$3,573
Jun 201201,09579.822.52$2,758
May 201211,59991.612.49$4,070
Apr 201221,275101.652.00$2,749
Mar 201211,064105.052.22$2,469
Feb 201231,288101.102.57$3,614
Jan 201221,48798.092.73$4,262
Dec 201121,36496.873.24$4,613
Nov 201111,58695.723.31$5,347
Oct 201121,27784.983.65$4,829
Sep 201131,85683.623.99$7,649
Aug 201101,50883.404.15$6,257
Jul 201121,99894.144.52$9,214
Jun 201141,61692.904.64$7,870
May 201102,17898.134.40$9,594
Apr 201122,067105.964.33$9,169
Mar 201101,12196.364.06$4,548
Feb 2011211685.644.18$656
Jan 201122,16786.504.59$10,117
Dec 201032,02385.734.35$9,053
Nov 201012,13480.843.80$8,180
Oct 201012,08278.103.51$7,384
Sep 201022,12672.633.98$8,606
Aug 201021,94673.684.42$8,747
Jul 201022,19172.554.74$10,523
Jun 201012,02870.364.91$10,029
May 201022,22971.124.24$9,583
Apr 201021,93681.694.12$8,145
Mar 201032,19178.394.39$9,851
Feb 201021,93773.585.44$10,689
Jan 201022,01474.365.96$12,160
Dec 200932,25671.445.48$12,586
Nov 200922,21274.593.75$8,448
Oct 200922,30772.544.11$9,627
Sep 200922,54565.543.06$7,931
Aug 200932,30967.423.22$7,634
Jul 200922,45961.133.46$8,641
Jun 200922,34666.163.90$9,270
May 200942,48254.743.93$9,963
Apr 200912,41446.773.59$8,707
Mar 200932,55342.144.06$10,489
Feb 200932,42732.814.63$11,343
Jan 200933,02635.865.37$16,360
Dec 200832,84837.105.98$17,134
Nov 200822,60255.496.86$17,962
Oct 200832,56075.246.92$17,946
Sep 200832,797101.767.88$22,338
Aug 200832,820114.228.48$24,265
Jul 200842,702131.0811.39$31,299
Jun 200832,740131.3313.03$36,103
May 200842,933123.1711.57$34,440
Apr 200832,766110.3110.45$29,249
Mar 200843,196101.909.66$31,294
Feb 200843,10992.538.77$27,638
Jan 200843,63490.388.21$30,181
Dec 200743,51988.337.30$26,049
Nov 200723,53591.677.29$25,960
Oct 20071033,99582.856.92$36,187
Sep 20071584,11075.846.24$37,646
Aug 20071284,31569.066.39$36,404
Jul 20072594,58870.906.39$47,671
Jun 20073134,80362.007.55$55,661
May 20072705,87058.747.85$61,917
Apr 20073796,88759.617.81$76,347
Mar 20074408,86956.927.30$89,806
Feb 20076028,24955.108.22$100,944
Jan 20071712,51650.306.73$25,526
Dec 20062729656.656.92$3,577

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
Condensate             0 bbl  × $106.41 =         $0
Gas                   28 Mcf  × $  3.05 =        $85

────────────────────────────────────────────────────
Month total                                      $85

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/230551 is the state's own key, not one this site invented.