MARTINEZ DIM

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278918District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Nov 2014 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
139
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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 Gas112016-03-28218391
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
CondensateDisposition97,288 bbl$4,956,116
GasProduction481,004 Mcf$1,462,139
Total$6,418,255

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 28.4068, -99.8377. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40677, -99.83775 · 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
6,666 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 6,666 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-12735945A 1H6,666 ftMay 2014

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 (139)

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

139 months

May 202619195106.413.05$20,614
Apr 202612460798.932.87$14,009
Mar 202623217389.753.15$21,367
Feb 20261631,11263.503.75$14,521
Jan 202625382459.138.00$21,550
Dec 20252541,37556.664.41$20,460
Nov 202516224958.593.93$10,469
Oct 202517127259.383.30$11,053
Sep 202515233362.743.08$10,561
Aug 202525377963.933.01$18,523
Jul 20256681166.743.32$7,093
Jun 2025571,45166.483.13$8,329
May 202511318160.553.23$7,427
Apr 202520664262.363.54$15,121
Mar 202520157467.704.27$16,058
Feb 20252421,84170.884.34$25,144
Jan 20252401,87574.324.28$25,859
Dec 202415696568.993.12$13,775
Nov 20242971,36869.052.20$23,515
Oct 20242451,49971.372.28$20,905
Sep 20241561,36269.612.36$14,079
Aug 20241371,18075.632.06$12,796
Jul 20242371,67179.932.15$22,530
Jun 2024063478.082.63$1,670
May 202413778.812.20$160
Apr 202421961784.451.66$19,518
Mar 20243011,78380.301.55$26,925
Feb 202401,06576.091.78$1,900
Jan 202401,28573.023.30$4,237
Dec 20231091,52571.262.61$11,749
Nov 2023421,43377.892.81$7,295
Oct 202313881385.443.09$14,301
Sep 20232301,77989.042.74$25,345
Aug 202315047180.522.67$13,337
Jul 20231491,59474.852.64$15,364
Jun 20239269968.962.26$7,923
May 202320340270.622.23$15,231
Apr 20231596278.122.24$12,560
Mar 20232631,65272.852.39$23,113
Feb 20232561,68775.112.47$23,388
Jan 20231932,01376.533.39$21,590
Dec 20222122,30376.415.73$29,393
Nov 20221602,04085.005.65$25,118
Oct 20221861,84187.185.86$27,011
Sep 20223052,33484.888.16$44,942
Aug 20223592,11394.529.13$53,218
Jul 20223081,868101.587.54$45,375
Jun 20222551,773115.097.98$43,492
May 20221681,279109.378.43$29,160
Apr 2022199730104.226.84$25,731
Mar 2022138258108.885.08$16,335
Feb 20223121,36591.054.86$35,040
Jan 20222651,39481.844.54$28,013
Dec 20211931,72771.323.90$20,499
Nov 202113721077.435.24$11,708
Oct 20211225679.795.71$10,054
Sep 202119597069.865.35$18,813
Aug 20213052,42266.024.22$30,358
Jul 20213321,76770.783.98$30,535
Jun 20211922,61569.493.38$22,182
May 20213733,55463.483.02$34,403
Apr 20214122,15860.362.76$30,821
Mar 20215332,58361.302.72$39,691
Feb 20212361,82057.805.55$23,738
Jan 20214181,91050.412.81$26,439
Dec 202031315444.642.68$14,384
Nov 20203571,84038.772.71$18,821
Oct 20204041,79136.972.48$19,375
Sep 20204102,10337.091.99$19,394
Aug 20204651,42439.982.39$21,987
Jul 20202353,46638.371.83$15,343
Jun 20200034.901.69$0
May 2020541416.921.81$939
Apr 20203832,15614.751.80$9,539
Mar 20204042,43630.341.86$16,779
Feb 20203672,43049.881.98$23,119
Jan 20204432,12757.252.09$29,817
Dec 20193951,93459.012.30$27,766
Nov 20194532,33955.302.75$31,485
Oct 20194472,87753.472.42$30,859
Sep 20194852,60055.052.66$33,608
Aug 201949312353.112.30$26,467
Jul 201940693256.272.46$25,138
Jun 201919822052.782.49$10,999
May 201935938958.482.74$22,060
Apr 201946024262.632.75$29,475
Mar 20195033,75156.803.06$40,056
Feb 201947583650.852.79$26,488
Jan 201961330246.033.23$29,191
Dec 20185411,05446.594.19$29,617
Nov 201840714852.934.24$22,170
Oct 20184092,10661.443.40$32,285
Sep 20185694,96159.543.11$49,297
Aug 20184663,63159.403.07$38,815
Jul 20180065.142.93$0
Jun 20181861,14560.183.08$14,717
May 20186033,38765.382.90$49,249
Apr 20186114,36563.842.90$51,668
Mar 20187745,77761.222.79$63,484
Feb 20187284,91261.782.77$58,563
Jan 20188005,33462.874.01$71,682
Dec 20179175,06457.272.92$67,311
Nov 20179045,50555.423.12$67,266
Oct 20178885,82449.292.98$61,146
Sep 20178706,21647.523.09$60,533
Aug 20171,0275,72045.373.00$63,780
Jul 20178385,25243.873.09$52,977
Jun 20179305,13442.493.09$55,366
May 20178945,02445.373.26$56,956
Apr 20176754,68047.933.21$47,383
Mar 20171,0437,31346.772.98$70,601
Feb 20171,1587,85550.452.95$81,614
Jan 20178166,52849.413.42$62,636
Dec 20161,0297,44548.763.72$77,891
Nov 20161,0647,30642.492.64$64,529
Oct 20161,0475,60946.193.09$65,694
Sep 20161,0876,27841.553.10$64,631
Aug 20161,1616,83941.442.92$68,111
Jul 20161,2667,75341.622.92$75,363
Jun 20161,3987,97845.352.69$84,827
May 20161,5588,48242.521.99$83,134
Apr 20161,3217,37036.561.99$62,970
Mar 20161,4048,90133.011.79$62,315
Feb 20161,8139,27126.472.06$67,122
Jan 20161,94310,21827.352.36$77,300
Dec 20152,26612,49432.362.00$98,333
Nov 20152,38812,65938.792.17$120,067
Oct 20152,49710,56343.552.43$134,376
Sep 20152,37610,12842.992.76$130,082
Aug 20152,63410,78040.162.87$136,747
Jul 20152,80410,67748.152.95$166,457
Jun 20152,92610,28056.152.88$193,931
May 20153,32311,01155.212.96$216,005
Apr 20153,46210,45149.822.71$200,763
Mar 20152,7719,25742.892.93$146,015
Feb 20153,27111,21244.662.98$179,452
Jan 20153,89614,66943.433.10$214,686
Dec 20144,35317,83354.693.59$302,110
Nov 20142,92610,23970.464.25$249,701

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           191 bbl  × $106.41 =    $20,324
Gas                   95 Mcf  × $  3.05 =       $289

────────────────────────────────────────────────────
Month total                                  $20,614

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/278918 is the state's own key, not one this site invented.