MARTIN, J. C.

Operated by PETROVYBE OPCO LLC (P-5 101779) 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 277773District 01Field 87251500CondensateGasSaveExport
Value, all time
$617 k
Mar 2015 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
135
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 IF CAPACITY RESCINDED

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
CondensateDisposition3 bbl$177
GasProduction189,216 Mcf$616,803
Total$616,981

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 28.2317, -99.2048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23167, -99.20479 · 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
8,000 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 8,000 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-28332136208,000 ftMar 2019

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 (135)

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

135 months

May 2026080106.413.05$244
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20263559.138.00$217
Dec 202501,51956.664.41$6,704
Nov 202501,35058.593.93$5,301
Oct 202501,29859.383.30$4,290
Sep 202501,11662.743.08$3,434
Aug 2025084963.933.01$2,560
Jul 2025099766.743.32$3,305
Jun 2025078566.483.13$2,456
May 2025098660.553.23$3,187
Apr 202501,05962.363.54$3,752
Mar 202501,24167.704.27$5,297
Feb 202501,44070.884.34$6,251
Jan 202501,36674.324.28$5,845
Dec 202401,20768.993.12$3,767
Nov 2024089969.052.20$1,976
Oct 2024053871.372.28$1,227
Sep 202401,11469.612.36$2,634
Aug 2024085875.632.06$1,771
Jul 202401,14579.932.15$2,458
Jun 2024082378.082.63$2,168
May 2024064578.812.20$1,418
Apr 2024089684.451.66$1,487
Mar 2024085280.301.55$1,316
Feb 2024084776.091.78$1,511
Jan 2024079573.023.30$2,622
Dec 202301,04971.262.61$2,739
Nov 202301,21177.892.81$3,400
Oct 202301,10185.443.09$3,399
Sep 202301,39989.042.74$3,826
Aug 202301,44480.522.67$3,860
Jul 202301,53574.852.64$4,055
Jun 202301,23268.962.26$2,782
May 202301,30570.622.23$2,907
Apr 202301,51878.122.24$3,397
Mar 202301,38572.852.39$3,315
Feb 202301,15775.112.47$2,853
Jan 202301,25176.533.39$4,238
Dec 202201,31176.415.73$7,511
Nov 202201,26285.005.65$7,126
Oct 202201,49687.185.86$8,772
Sep 202201,82884.888.16$14,923
Aug 202201,67894.529.13$15,315
Jul 202201,812101.587.54$13,666
Jun 20220971115.097.98$7,746
May 202201,439109.378.43$12,135
Apr 202201,350104.226.84$9,231
Mar 202201,689108.885.08$8,574
Feb 202201,47091.054.86$7,142
Jan 202201,29281.844.54$5,863
Dec 202101,50671.323.90$5,872
Nov 202101,35077.435.24$7,070
Oct 202101,23679.795.71$7,062
Sep 202101,92369.865.35$10,290
Aug 202101,89266.024.22$7,985
Jul 202101,94470.783.98$7,741
Jun 202101,99269.493.38$6,734
May 202102,17063.483.02$6,548
Apr 202102,27660.362.76$6,278
Mar 202102,64361.302.72$7,181
Feb 202102,60657.805.55$14,458
Jan 202102,02650.412.81$5,694
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202001,04636.972.48$2,592
Sep 202001,90037.091.99$3,783
Aug 202002,10339.982.39$5,016
Jul 202001,98738.371.83$3,627
Jun 202002,07834.901.69$3,512
May 202002,34816.921.81$4,261
Apr 202001,84614.751.80$3,331
Mar 202002,16930.341.86$4,026
Feb 202001,95849.881.98$3,878
Jan 202002,08757.252.09$4,372
Dec 201902,42259.012.30$5,581
Nov 201902,47255.302.75$6,800
Oct 201902,08553.472.42$5,043
Sep 201902,38555.052.66$6,338
Aug 201902,61353.112.30$6,021
Jul 201903,11756.272.46$7,668
Jun 201903,95252.782.49$9,845
May 201903,93558.482.74$10,783
Apr 201903,83562.632.75$10,549
Mar 201901,87156.803.06$5,729
Feb 2019062150.852.79$1,734
Jan 201901,13046.033.23$3,648
Dec 2018077846.594.19$3,256
Nov 201801,26752.934.24$5,369
Oct 201801,25061.443.40$4,248
Sep 201801,21059.543.11$3,761
Aug 201801,41959.403.07$4,351
Jul 201801,46565.142.93$4,295
Jun 201801,48660.183.08$4,572
May 201801,74465.382.90$5,059
Apr 201801,82963.842.90$5,306
Mar 201801,70561.222.79$4,752
Feb 201801,43361.782.77$3,964
Jan 201801,52562.874.01$6,114
Dec 201701,43357.272.92$4,187
Nov 201701,31655.423.12$4,104
Oct 201701,43649.292.98$4,285
Sep 201701,74947.523.09$5,400
Aug 201701,48345.373.00$4,456
Jul 201701,45643.873.09$4,495
Jun 201702,02442.493.09$6,249
May 201701,14645.373.26$3,740
Apr 201702,37147.933.21$7,615
Mar 201702,37146.772.98$7,074
Feb 201701,45850.452.95$4,305
Jan 2017051549.413.42$1,761
Dec 2016083848.763.72$3,120
Nov 201601,78942.492.64$4,731
Oct 201601,15046.193.09$3,554
Sep 201601,16841.553.10$3,622
Aug 201601,33141.442.92$3,892
Jul 201601,92341.622.92$5,624
Jun 201601,62145.352.69$4,354
May 201602,07342.521.99$4,127
Apr 201601,88036.561.99$3,743
Mar 2016087733.011.79$1,573
Feb 2016052526.472.06$1,083
Jan 2016084427.352.36$1,996
Dec 2015064232.362.00$1,285
Nov 2015048038.792.17$1,040
Oct 2015057843.552.43$1,403
Sep 2015042242.992.76$1,164
Aug 2015073640.162.87$2,114
Jul 2015057448.152.95$1,690
Jun 2015068256.152.88$1,966
May 2015058555.212.96$1,729
Apr 2015051049.822.71$1,380
Mar 2015070042.892.93$2,054

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                   80 Mcf  × $  3.05 =       $244

────────────────────────────────────────────────────
Month total                                     $244

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/277773 is the state's own key, not one this site invented.