MARTIN TR. 4

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 271421District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Aug 2012 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
166
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 IF CAPACITY RESCINDED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 Gas112014-04-16212826
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
CondensateDisposition13,517 bbl$992,986
GasProduction363,217 Mcf$1,241,738
Total$2,234,724

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 28.2288, -99.1847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22875, -99.18471 · 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
7,755 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 7,755 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-2833317923H7,755 ftSep 2013

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 (166)

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

166 months

May 202606106.413.05$18
Apr 20260098.932.87$0
Mar 202615289.753.15$1,353
Feb 20260063.503.75$0
Jan 20263192259.138.00$9,207
Dec 2025089856.664.41$3,963
Nov 2025088558.593.93$3,475
Oct 2025092359.383.30$3,050
Sep 20257785662.743.08$7,465
Aug 2025086263.933.01$2,599
Jul 2025082466.743.32$2,732
Jun 2025083066.483.13$2,597
May 202511285360.553.23$9,539
Apr 2025082362.363.54$2,916
Mar 2025091567.704.27$3,906
Feb 20253872970.884.34$5,858
Jan 2025076874.324.28$3,286
Dec 2024080968.993.12$2,525
Nov 20243881569.052.20$4,416
Oct 20246183371.372.28$6,254
Sep 20243980669.612.36$4,620
Aug 20243384975.632.06$4,248
Jul 20243691579.932.15$4,842
Jun 20243185478.082.63$4,670
May 20247681878.812.20$7,788
Apr 2024088384.451.66$1,465
Mar 20245396280.301.55$5,742
Feb 202417976276.091.78$14,979
Jan 2024073973.023.30$2,437
Dec 2023098871.262.61$2,579
Nov 2023080177.892.81$2,249
Oct 2023083585.443.09$2,578
Sep 202315788489.042.74$16,397
Aug 2023092180.522.67$2,462
Jul 2023094374.852.64$2,491
Jun 20236384168.962.26$6,244
May 202301,03270.622.23$2,299
Apr 202316689178.122.24$14,962
Mar 2023097572.852.39$2,333
Feb 2023081575.112.47$2,010
Jan 20239286276.533.39$9,961
Dec 2022083876.415.73$4,801
Nov 20224485285.005.65$8,551
Oct 20225493887.185.86$10,208
Sep 20226191784.888.16$12,664
Aug 2022097394.529.13$8,881
Jul 202253992101.587.54$12,865
Jun 202268973115.097.98$15,588
May 2022661,017109.378.43$15,795
Apr 20220943104.226.84$6,448
Mar 2022109984108.885.08$16,863
Feb 2022090391.054.86$4,388
Jan 20221071,02881.844.54$13,422
Dec 202101,03471.323.90$4,032
Nov 20219298077.435.24$12,256
Oct 20211531,04779.795.71$18,190
Sep 202101,11369.865.35$5,956
Aug 202101,09866.024.22$4,634
Jul 2021221,06870.783.98$5,810
Jun 2021471,11069.493.38$7,019
May 2021761,11963.483.02$8,201
Apr 20211111,06060.362.76$9,624
Mar 2021811,10561.302.72$7,968
Feb 202101,18057.805.55$6,547
Jan 20211751,37350.412.81$12,680
Dec 202001,36444.642.68$3,649
Nov 2020591,35938.772.71$5,966
Oct 202001,38936.972.48$3,443
Sep 2020231,31037.091.99$3,461
Aug 20201361,44739.982.39$8,889
Jul 20201541,38138.371.83$8,429
Jun 202001,41234.901.69$2,387
May 202001,47516.921.81$2,677
Apr 20201841,40114.751.80$5,242
Mar 202001,38830.341.86$2,576
Feb 2020731,32049.881.98$6,256
Jan 2020961,37657.252.09$8,378
Dec 201901,35959.012.30$3,132
Nov 20191321,14055.302.75$10,435
Oct 201901,30653.472.42$3,159
Sep 2019661,14655.052.66$6,679
Aug 2019093553.112.30$2,155
Jul 20191381,67656.272.46$11,888
Jun 201901,64152.782.49$4,088
May 2019631,59958.482.74$8,066
Apr 2019991,52362.632.75$10,390
Mar 2019691,22256.803.06$7,661
Feb 20191821,44550.852.79$13,289
Jan 20191091,55946.033.23$10,050
Dec 201801,37746.594.19$5,763
Nov 201801,35152.934.24$5,725
Oct 2018871,41561.443.40$10,154
Sep 2018571,42059.543.11$7,807
Aug 2018771,46659.403.07$9,069
Jul 2018451,41165.142.93$7,068
Jun 2018681,50960.183.08$8,735
May 2018891,56765.382.90$10,364
Apr 2018931,47563.842.90$10,216
Mar 20181031,51161.222.79$10,517
Feb 20181951,40861.782.77$15,942
Jan 201811,61362.874.01$6,530
Dec 2017771,49557.272.92$8,777
Nov 2017851,64855.423.12$9,850
Oct 2017961,70149.292.98$9,807
Sep 2017911,58947.523.09$9,230
Aug 2017671,75445.373.00$8,310
Jul 2017641,66443.873.09$7,945
Jun 20171051,54042.493.09$9,216
May 2017961,70345.373.26$9,913
Apr 2017991,70747.933.21$10,227
Mar 2017931,87646.772.98$9,947
Feb 20171051,64950.452.95$10,166
Jan 20171401,80449.413.42$13,085
Dec 2016531,99648.763.72$10,015
Nov 20161251,80642.492.64$10,087
Oct 20161092,21246.193.09$11,870
Sep 20161501,92941.553.10$12,214
Aug 2016742,35341.442.92$9,948
Jul 20161153,69641.622.92$15,595
Jun 201602,67645.352.69$7,187
May 201604,53142.521.99$9,021
Apr 201613,15936.561.99$6,326
Mar 2016144,84233.011.79$9,149
Feb 2016294,88226.472.06$10,842
Jan 2016495,32727.352.36$13,935
Dec 2015645,40132.362.00$12,881
Nov 2015163,42438.792.17$8,042
Oct 2015802,49743.552.43$9,543
Sep 2015932,42142.992.76$10,676
Aug 2015572,53840.162.87$9,580
Jul 2015332,57548.152.95$9,173
Jun 2015502,50956.152.88$10,041
May 2015772,61855.212.96$11,989
Apr 20151152,78149.822.71$13,256
Mar 2015303,07842.892.93$10,320
Feb 20151192,90844.662.98$13,969
Jan 2015272,96643.433.10$10,369
Dec 20141043,23954.693.59$17,320
Nov 2014513,21970.464.25$17,280
Oct 2014973,28378.303.90$20,402
Sep 2014953,47186.164.05$22,227
Aug 2014603,73389.394.04$20,427
Jul 2014783,72296.564.18$23,088
Jun 2014803,88298.164.74$26,241
May 20141374,04194.734.73$32,078
Apr 20143164,10995.944.81$50,078
Mar 20142224,50095.895.06$44,043
Feb 20142404,42197.406.19$50,751
Jan 20143684,88890.404.86$57,026
Dec 20131595,45491.824.35$38,349
Nov 20132364,83388.853.74$39,036
Oct 20134306,09497.423.78$64,922
Sep 20131133,854104.113.72$26,093
Aug 20132715,398104.253.52$47,267
Jul 20134175,484102.523.72$63,139
Jun 20131435,77994.403.93$36,230
May 20131996,35094.834.15$45,218
Apr 20132146,61493.964.28$48,432
Mar 20132846,69593.623.91$52,785
Feb 20132646,33091.233.42$45,733
Jan 20133947,98691.603.42$63,402
Dec 20124528,45686.773.42$68,141
Nov 2012839,06586.953.62$40,077
Oct 2012949,10789.383.40$39,363
Sep 2012789,24494.672.92$34,362
Aug 20122267,44192.662.91$42,581

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                    6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/271421 is the state's own key, not one this site invented.