MARTIN STATE

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269923District 01Field 39744500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.0 M
Jun 2012 – May 2026
Value, last 12 filed months
$118
at the published price for each month
Months reported
168
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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
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 2015-08-25.

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: WILL REQUIRE A REGULAR SWR 38.

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
CondensateDisposition121 bbl$10,401
GasProduction2,666,508 Mcf$8,946,393
Total$8,956,794

Every month this lease reported (168)

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

168 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202503058.593.93$118
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 20250562.363.54$18
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024013669.052.20$299
Oct 2024072271.372.28$1,647
Sep 202405369.612.36$125
Aug 2024027475.632.06$565
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202405180.301.55$79
Feb 20240076.091.78$0
Jan 202401,40473.023.30$4,630
Dec 202302,67171.262.61$6,973
Nov 202302,67677.892.81$7,513
Oct 202302,93185.443.09$9,049
Sep 202304,27989.042.74$11,703
Aug 202304,77980.522.67$12,774
Jul 202304,94274.852.64$13,056
Jun 202306,60468.962.26$14,915
May 202309,23770.622.23$20,574
Apr 2023010,73678.122.24$24,025
Mar 202307,67472.852.39$18,365
Feb 202304175.112.47$101
Jan 202304676.533.39$156
Dec 202205076.415.73$286
Nov 202207685.005.65$429
Oct 20220087.185.86$0
Sep 202202084.888.16$163
Aug 20220794.529.13$64
Jul 2022010101.587.54$75
Jun 202206115.097.98$48
May 202204109.378.43$34
Apr 202202104.226.84$14
Mar 20220311108.885.08$1,579
Feb 202203,84691.054.86$18,687
Jan 202205,99581.844.54$27,203
Dec 202105,89571.323.90$22,985
Nov 202106,36877.435.24$33,348
Oct 202106,65379.795.71$38,014
Sep 202106,57369.865.35$35,172
Aug 202106,91466.024.22$29,181
Jul 202106,31770.783.98$25,155
Jun 202106,87069.493.38$23,225
May 202106,91763.483.02$20,873
Apr 202106,90760.362.76$19,052
Mar 202106,76861.302.72$18,388
Feb 202106,35657.805.55$35,263
Jan 202107,10850.412.81$19,975
Dec 202007,07544.642.68$18,929
Nov 202006,73438.772.71$18,226
Oct 202007,27036.972.48$18,018
Sep 202007,24037.091.99$14,415
Aug 202007,54139.982.39$17,986
Jul 202007,62138.371.83$13,909
Jun 202007,64934.901.69$12,929
May 202008,02116.921.81$14,556
Apr 202007,95914.751.80$14,361
Mar 202007,72630.341.86$14,341
Feb 202007,82349.881.98$15,495
Jan 202007,79457.252.09$16,326
Dec 201908,11459.012.30$18,698
Nov 201908,34355.302.75$22,949
Oct 201908,77353.472.42$21,218
Sep 201907,97355.052.66$21,186
Aug 201901,46053.112.30$3,364
Jul 201902,39756.272.46$5,897
Jun 201904,58252.782.49$11,415
May 201907,95158.482.74$21,788
Apr 201908,15862.632.75$22,440
Mar 201908,81356.803.06$26,986
Feb 201908,96250.852.79$25,024
Jan 201903,73846.033.23$12,067
Dec 201802,72046.594.19$11,384
Nov 201809,63152.934.24$40,809
Oct 201809,80061.443.40$33,301
Sep 2018010,58059.543.11$32,883
Aug 201807,00159.403.07$21,469
Jul 2018011,69365.142.93$34,282
Jun 201809,74460.183.08$29,982
May 2018013,02865.382.90$37,792
Apr 201809,68663.842.90$28,097
Mar 201807,86961.222.79$21,930
Feb 2018010,07461.782.77$27,866
Jan 2018011,30562.874.01$45,325
Dec 2017011,75457.272.92$34,340
Nov 2017011,51455.423.12$35,905
Oct 2017011,92549.292.98$35,580
Sep 2017012,20047.523.09$37,665
Aug 2017012,34345.373.00$37,083
Jul 2017013,87443.873.09$42,833
Jun 2017013,54742.493.09$41,823
May 2017013,84645.373.26$45,185
Apr 2017014,89747.933.21$47,843
Mar 2017013,83346.772.98$41,273
Feb 2017016,00750.452.95$47,262
Jan 2017013,67649.413.42$46,756
Dec 2016016,98348.763.72$63,225
Nov 2016016,28842.492.64$43,071
Oct 2016017,35846.193.09$53,641
Sep 2016017,36741.553.10$53,849
Aug 2016018,17441.442.92$53,147
Jul 2016019,65241.622.92$57,469
Jun 2016018,62445.352.69$50,021
May 2016018,45142.521.99$36,737
Apr 2016020,56436.561.99$40,944
Mar 2016021,83333.011.79$39,169
Feb 2016019,27626.472.06$39,779
Jan 2016014,12927.352.36$33,406
Dec 2015013,38732.362.00$26,793
Nov 2015018,04738.792.17$39,114
Oct 2015020,53843.552.43$49,837
Sep 2015020,36642.992.76$56,178
Aug 2015022,24340.162.87$63,893
Jul 2015027,58048.152.95$81,225
Jun 2015125,03256.152.88$72,220
May 2015227,39255.212.96$81,066
Apr 2015226,36349.822.71$71,453
Mar 2015529,16042.892.93$85,791
Feb 2015130,38044.662.98$90,461
Jan 2015126,83043.433.10$83,233
Dec 2014330,58754.693.59$110,013
Nov 2014221,67870.464.25$92,312
Oct 2014230,07478.303.90$117,474
Sep 2014417,62486.164.05$71,641
Aug 2014120,41789.394.04$82,474
Jul 2014120,15196.564.18$84,320
Jun 2014035,95598.164.74$170,315
May 2014117,62394.734.73$83,391
Apr 2014539,59495.944.81$190,892
Mar 2014430,02695.895.06$152,219
Feb 2014127,29897.406.19$169,127
Jan 2014036,56290.404.86$177,718
Dec 20137140,83991.824.35$184,352
Nov 20131242,68988.853.74$160,650
Oct 2013045,24197.423.78$170,982
Sep 2013147,443104.113.72$176,485
Aug 2013049,620104.253.52$174,792
Jul 2013055,259102.523.72$205,439
Jun 2013059,06294.403.93$232,315
May 2013150,22594.834.15$208,482
Apr 2013053,70793.964.28$230,005
Mar 2013058,56293.623.91$229,145
Feb 2013056,98791.233.42$194,890
Jan 2013067,29791.603.42$230,150
Dec 2012073,07486.773.42$249,925
Nov 2012075,97986.953.62$275,421
Oct 2012087,69689.383.40$298,138
Sep 2012092,09794.672.92$268,776
Aug 20120109,13692.662.91$317,385
Jul 20120120,06085.133.02$362,677
Jun 2012056,40179.822.52$142,076

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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                   30 Mcf  × $  3.93 =       $118

────────────────────────────────────────────────────
Month total                                     $118

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/269923 is the state's own key, not one this site invented.