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 276460District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Aug 2014 – May 2026
Value, last 12 filed months
$180 k
at the published price for each month
Months reported
142
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 Gas112015-12-17217156
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
CondensateDisposition64,003 bbl$3,040,900
GasProduction2,862,929 Mcf$8,419,515
Total$11,460,415

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 28.2806, -99.1156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28064, -99.11561 · 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
10,709 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 10,709 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-2833490115H10,709 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 (142)

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

142 months

May 202603,835106.413.05$11,681
Apr 202603,48698.932.87$10,004
Mar 202603,34189.753.15$10,522
Feb 202604,88163.503.75$18,305
Jan 2026374,66659.138.00$39,506
Dec 202504,67256.664.41$20,619
Nov 202504,11458.593.93$16,153
Oct 202504,48559.383.30$14,822
Sep 202504,52062.743.08$13,908
Aug 202504,15063.933.01$12,511
Jul 202501,21866.743.32$4,038
Jun 202502,61766.483.13$8,188
May 202502,93160.553.23$9,474
Apr 202503,75762.363.54$13,312
Mar 202504,31167.704.27$18,401
Feb 202504,79470.884.34$20,810
Jan 202504,23174.324.28$18,103
Dec 202406,20468.993.12$19,365
Nov 202402,57969.052.20$5,670
Oct 202404,77671.372.28$10,896
Sep 202403,65269.612.36$8,635
Aug 202404,60175.632.06$9,495
Jul 2024543,23879.932.15$11,267
Jun 2024753,45478.082.63$14,954
May 2024493,43178.812.20$11,405
Apr 202404,22984.451.66$7,017
Mar 202404,82180.301.55$7,449
Feb 202405,76476.091.78$10,281
Jan 202404,70173.023.30$15,502
Dec 2023215,38971.262.61$15,566
Nov 2023225,00377.892.81$15,760
Oct 202305,54885.443.09$17,128
Sep 202306,14889.042.74$16,815
Aug 2023146,30880.522.67$17,988
Jul 2023176,32874.852.64$17,990
Jun 202305,56768.962.26$12,573
May 2023595,94670.622.23$17,411
Apr 202306,35078.122.24$14,210
Mar 202306,89772.852.39$16,506
Feb 2023356,71075.112.47$19,174
Jan 202308,38576.533.39$28,406
Dec 202207,71376.415.73$44,188
Nov 202207,57785.005.65$42,781
Oct 202206,76487.185.86$39,662
Sep 202207,64784.888.16$62,428
Aug 202207,29194.529.13$66,546
Jul 202207,074101.587.54$53,353
Jun 202206,472115.097.98$51,628
May 2022736,783109.378.43$65,185
Apr 20221457,726104.226.84$67,939
Mar 20221508,993108.885.08$61,984
Feb 2022234,89891.054.86$25,893
Jan 20221838,42581.844.54$53,207
Dec 20211708,67171.323.90$45,934
Nov 20212348,34077.435.24$61,794
Oct 20211688,98179.795.71$64,721
Sep 20211548,04669.865.35$53,812
Aug 20211729,72766.024.22$52,409
Jul 20211559,79770.783.98$49,983
Jun 202120110,50069.493.38$49,464
May 202117810,82363.483.02$43,960
Apr 2021011,98160.362.76$33,049
Mar 202107,31061.302.72$19,861
Feb 202108,95357.805.55$49,671
Jan 2021210,69450.412.81$30,154
Dec 2020246,01644.642.68$17,167
Nov 2020136,59738.772.71$18,359
Oct 202008,22336.972.48$20,380
Sep 202007,26437.091.99$14,463
Aug 202018,35539.982.39$19,967
Jul 2020177,90438.371.83$15,078
Jun 2020516,01234.901.69$27,240
May 20201617,23016.921.81$31,539
Apr 20202414,81014.751.80$27,077
Mar 20201911,42030.341.86$21,775
Feb 20203816,15549.881.98$33,893
Jan 20201918,43257.252.09$39,698
Dec 2019618,87659.012.30$43,851
Nov 20191816,00555.302.75$45,020
Oct 20192217,27953.472.42$42,966
Sep 2019011,13855.052.66$29,597
Aug 201929,08253.112.30$21,034
Jul 20191,27924,79256.272.46$132,959
Jun 201966315,28552.782.49$73,071
May 20191,18229,76658.482.74$150,692
Apr 20191,07432,03962.632.75$155,394
Mar 20191,15424,81356.803.06$141,527
Feb 20191,11624,19750.852.79$124,312
Jan 20191,30427,63846.033.23$149,244
Dec 20181,20138,22846.594.19$215,956
Nov 201801,31552.934.24$5,572
Oct 20187364,22461.443.40$59,573
Sep 201813718,40159.543.11$65,347
Aug 201832013,21959.403.07$59,545
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201831065.382.90$2,027
Apr 20184805,53763.842.90$46,705
Mar 20181,27129,32761.222.79$159,540
Feb 20181,28328,46561.782.77$158,001
Jan 20181,37327,51562.874.01$196,637
Dec 20171,16131,69757.272.92$159,094
Nov 20171,32734,71755.423.12$181,802
Oct 20171,31333,24749.292.98$163,916
Sep 20171,12735,50247.523.09$163,160
Aug 20171,20035,08245.373.00$159,844
Jul 201796137,42043.873.09$157,685
Jun 201794826,73842.493.09$122,828
May 20171,36937,90845.373.26$185,821
Apr 20171,46643,15947.933.21$208,875
Mar 20171,45847,96546.772.98$211,303
Feb 20171,35545,55450.452.95$202,862
Jan 20171,69650,80849.413.42$257,502
Dec 20161,56753,84548.763.72$276,863
Nov 20161,42554,02142.492.64$203,399
Oct 201670241,62946.193.09$161,070
Sep 20161,12733,30341.553.10$150,087
Aug 201673637,80541.442.92$141,055
Jul 20161,02351,44441.622.92$193,017
Jun 20161,58054,91945.352.69$219,156
May 20161,52365,16742.521.99$194,508
Apr 20161,68149,93836.561.99$160,886
Mar 20162,46465,55233.011.79$198,938
Feb 20162,53553,02026.472.06$176,515
Jan 20162,54042,50827.352.36$169,973
Dec 20151,98435,52832.362.00$135,308
Nov 201551261,33338.792.17$152,789
Oct 20151,01771,78443.552.43$218,480
Sep 20151,077105,46142.992.76$337,206
Aug 20151,539113,77540.162.87$388,624
Jul 20151,938144,52048.152.95$518,938
Jun 20151,19465,90956.152.88$257,050
May 201581456,00255.212.96$210,452
Apr 20152,251143,02849.822.71$499,260
Mar 201517453,85842.892.93$165,520
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 20140089.394.04$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                3,835 Mcf  × $  3.05 =    $11,681

────────────────────────────────────────────────────
Month total                                  $11,681

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/276460 is the state's own key, not one this site invented.