MARTIN-STATE

Operated by HURD ENTERPRISES, LTD. (P-5 419886) in the CAMPANA, SOUTH (WILCOX 10,200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261832District 01Field 15146629CondensateGasSaveExport
Value, all time
$13.3 M
Feb 2011 – Feb 2016
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
61
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1971-09-13
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2013.

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
CondensateDisposition18,006 bbl$1,659,685
GasProduction3,363,584 Mcf$11,625,889
Total$13,285,574

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 28.0628, -98.4643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06275, -98.46425 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,800 ft
1 wells filed one
Completion to plug
2.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,800 ft.

Completions filed
Sep 2016
1 of 1 wells
Plug dates filed
Sep 2018
1 of 1 wells

Last completion to plug: a median of 2.0 years across the 1 well that filed both dates, with the middle half between 2.0 years and 2.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31134475111,800 ftSep 2016Sep 2018Yes

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 (61)

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

61 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201535032.362.00$1,133
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20141056,31089.394.04$34,848
Jul 2014013,94296.564.18$58,272
Jun 2014016,18498.164.74$76,662
May 201417619,54794.734.73$109,063
Apr 2014020,62095.944.81$99,164
Mar 201416423,11895.895.06$132,629
Feb 201417322,96297.406.19$159,031
Jan 2014035,40790.404.86$172,104
Dec 201316339,58991.824.35$187,356
Nov 2013055,72888.853.74$208,327
Oct 201316374,63097.423.78$297,933
Sep 2013080,004104.113.72$297,434
Aug 201317091,129104.253.52$338,734
Jul 20130107,735102.523.72$400,531
Jun 2013163105,81294.403.93$431,589
May 20130116,04694.834.15$481,484
Apr 2013167126,31193.964.28$556,630
Mar 2013179138,58893.623.91$559,035
Feb 2013157128,83691.233.42$454,931
Jan 2013164131,50791.603.42$464,765
Dec 2012185140,28986.773.42$495,863
Nov 2012098,19986.953.62$355,967
Oct 2012178138,09689.383.40$485,392
Sep 2012356140,31594.672.92$443,198
Aug 20120127,49592.662.91$370,776
Jul 2012168159,94185.133.02$497,452
Jun 2012343167,13979.822.52$448,408
May 20120130,39991.612.49$324,474
Apr 2012179103,883101.652.00$225,629
Mar 20121,066102,584105.052.22$339,933
Feb 20121,43779,765101.102.57$350,296
Jan 20121,06564,10798.092.73$279,740
Dec 20111,46073,95896.873.24$381,035
Nov 20111,79986,21495.723.31$457,679
Oct 20111,78693,52984.983.65$493,019
Sep 20112,12098,94183.623.99$571,633
Aug 20111,92189,05183.404.15$529,713
Jul 20111,25157,11694.144.52$375,776
Jun 201171358,55892.904.64$337,940
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0

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.

Dec 2015 — as filed, then multipliedworked
Condensate            35 bbl  × $ 32.36 =     $1,133
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,133

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/261832 is the state's own key, not one this site invented.