JC MARTIN

Operated by BPX OPERATING COMPANY (P-5 85408) 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 276440District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.7 M
Sep 2014 – May 2026
Value, last 12 filed months
$364 k
at the published price for each month
Months reported
141
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.

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 Gas112016-02-08217420
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
CondensateDisposition37,330 bbl$1,877,055
GasProduction3,280,468 Mcf$9,813,202
Total$11,690,257

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 28.2549, -99.0891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.25492, -99.08912 · 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
10,998 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 10,998 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-2833490519H10,998 ftMar 2015

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 (141)

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

141 months

May 202607,788106.413.05$23,721
Apr 202607,07798.932.87$20,309
Mar 202606,78489.753.15$21,366
Feb 202609,91063.503.75$37,166
Jan 2026379,47359.138.00$77,952
Dec 202509,48756.664.41$41,870
Nov 202508,35458.593.93$32,801
Oct 202509,10559.383.30$30,091
Sep 202509,17862.743.08$28,240
Aug 202508,42663.933.01$25,402
Jul 202502,47466.743.32$8,202
Jun 202505,31566.483.13$16,629
May 202505,95160.553.23$19,236
Apr 202507,63062.363.54$27,034
Mar 202508,75467.704.27$37,365
Feb 202509,73470.884.34$42,254
Jan 202508,59074.324.28$36,754
Dec 2024012,59768.993.12$39,320
Nov 202405,23769.052.20$11,513
Oct 202409,69871.372.28$22,125
Sep 202407,41469.612.36$17,529
Aug 202409,34375.632.06$19,281
Jul 2024546,57579.932.15$18,430
Jun 2024757,01378.082.63$24,328
May 2024496,96578.812.20$19,174
Apr 202408,58984.451.66$14,251
Mar 202409,78880.301.55$15,124
Feb 2024011,70376.091.78$20,874
Jan 202409,54473.023.30$31,473
Dec 20232110,94371.262.61$30,066
Nov 20232210,15777.892.81$30,230
Oct 2023011,26585.443.09$34,778
Sep 2023012,48489.042.74$34,144
Aug 20231412,80880.522.67$35,362
Jul 20231712,85074.852.64$35,220
Jun 2023011,30368.962.26$25,528
May 20235912,07370.622.23$31,058
Apr 2023012,89478.122.24$28,854
Mar 2023014,00472.852.39$33,514
Feb 20233513,62575.112.47$36,224
Jan 2023017,02676.533.39$57,679
Dec 2022015,66376.415.73$89,735
Nov 2022015,38585.005.65$86,867
Oct 2022013,73687.185.86$80,545
Sep 2022015,52984.888.16$126,774
Aug 2022014,80494.529.13$135,118
Jul 2022014,366101.587.54$108,350
Jun 2022013,040115.097.98$104,023
May 202214813,775109.378.43$132,352
Apr 202229515,443104.226.84$136,338
Mar 202230518,168108.885.08$125,436
Feb 2022479,94591.054.86$52,601
Jan 202237217,10781.844.54$108,071
Dec 202134517,60871.323.90$93,261
Nov 202147516,93377.435.24$125,455
Oct 202134218,23779.795.71$131,492
Sep 202131316,33969.865.35$109,295
Aug 202135019,75166.024.22$106,468
Jul 202131419,89470.783.98$101,444
Jun 202140721,32469.493.38$100,371
May 202136121,97563.483.02$89,230
Apr 202154224,33160.362.76$99,830
Mar 202132014,84461.302.72$59,946
Feb 202128918,17857.805.55$117,555
Jan 202133121,71550.412.81$77,711
Dec 202082712,21444.642.68$69,595
Nov 202050313,39638.772.71$55,759
Oct 202053016,69736.972.48$60,976
Sep 202049814,75137.091.99$47,841
Aug 202047916,96739.982.39$59,618
Jul 202024416,05138.371.83$38,657
Jun 202046432,51434.901.69$71,152
May 202055934,98816.921.81$72,953
Apr 202020530,07414.751.80$57,289
Mar 202022823,22930.341.86$50,036
Feb 202044732,91349.881.98$87,486
Jan 202058037,63457.252.09$112,038
Dec 201933438,56959.012.30$108,586
Nov 201952332,74455.302.75$118,991
Oct 201945735,29753.472.42$109,803
Sep 201927622,76455.052.66$75,684
Aug 201935718,65353.112.30$61,944
Jul 201932017,33756.272.46$60,656
Jun 20197010,68952.782.49$30,323
May 201929220,81558.482.74$74,116
Apr 201919122,40562.632.75$73,592
Mar 201922217,35256.803.06$65,743
Feb 201926616,92150.852.79$60,773
Jan 201939119,32846.033.23$80,392
Dec 201841326,73346.594.19$131,131
Nov 2018091952.934.24$3,894
Oct 20181192,34161.443.40$15,266
Sep 201811713,61759.543.11$49,288
Aug 201837927,21459.403.07$105,966
Jul 201876038,65565.142.93$162,838
Jun 201852834,08760.183.08$136,658
May 201856729,33165.382.90$122,154
Apr 201848824,67363.842.90$102,725
Mar 201832720,50961.222.79$77,174
Feb 201835119,90761.782.77$76,750
Jan 201839319,24262.874.01$101,855
Dec 201734122,16657.272.92$84,287
Nov 201741024,27755.423.12$98,427
Oct 201744623,91349.292.98$93,332
Sep 201731824,82747.523.09$91,759
Aug 201736124,53245.373.00$90,083
Jul 201734826,16943.873.09$96,058
Jun 201751131,67942.493.09$119,514
May 201757432,11045.373.26$130,830
Apr 201751630,18147.933.21$121,661
Mar 201744133,54346.772.98$120,707
Feb 201755331,84450.452.95$121,921
Jan 201776635,53049.413.42$159,318
Dec 201674237,65448.763.72$176,359
Nov 201680337,76442.492.64$133,981
Oct 201666931,38146.193.09$127,877
Sep 201685932,48941.553.10$136,428
Aug 201655138,84241.442.92$136,421
Jul 201690046,56241.622.92$173,621
Jun 20161,15448,31945.352.69$182,111
May 20161,16357,33742.521.99$163,611
Apr 20161,41464,00236.561.99$179,126
Mar 20161,57658,24433.011.79$156,514
Feb 201649778,11726.472.06$174,360
Jan 201628289,91927.352.36$220,314
Dec 201531090,40432.362.00$190,967
Nov 201584796,07538.792.17$241,081
Oct 20154763,84143.552.43$156,962
Sep 20153193,79242.992.76$260,050
Aug 201544101,18540.162.87$292,420
Jul 201555128,52848.152.95$381,173
Jun 20157758,61656.152.88$173,305
May 20154549,80555.212.96$149,681
Apr 20153527,27349.822.71$75,560
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

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                7,788 Mcf  × $  3.05 =    $23,721

────────────────────────────────────────────────────
Month total                                  $23,721

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/276440 is the state's own key, not one this site invented.