M. L. MARTIN-STATE A2803

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 279359District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$19.1 M
May 2015 – May 2026
Value, last 12 filed months
$692 k
at the published price for each month
Months reported
133
no gaps in the span
Streams
1
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.

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
GasProduction6,140,126 Mcf$19,076,210
Total$19,076,210

Every month this lease reported (133)

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

133 months

May 202611,971106.413.05$36,462
Apr 202614,73198.932.87$42,274
Mar 202616,32389.753.15$51,408
Feb 202616,90563.503.75$63,399
Jan 202618,42959.138.00$147,394
Dec 202514,47456.664.41$63,879
Nov 20259,45858.593.93$37,136
Oct 202514,29559.383.30$47,243
Sep 20259,65162.743.08$29,695
Aug 20259,08863.933.01$27,398
Jul 202521,73866.743.32$72,066
Jun 202523,51266.483.13$73,562
May 202513,27260.553.23$42,899
Apr 202520,39062.363.54$72,244
Mar 202519,37367.704.27$82,690
Feb 202526,38870.884.34$114,546
Jan 202525,48374.324.28$109,034
Dec 20243,50968.993.12$10,953
Nov 20247,93269.052.20$17,438
Oct 20249,21771.372.28$21,028
Sep 2024069.612.36$0
Aug 20242,57775.632.06$5,318
Jul 202414,51479.932.15$31,156
Jun 20249,59778.082.63$25,278
May 20248,61878.812.20$18,946
Apr 20245,81484.451.66$9,647
Mar 202410,40680.301.55$16,079
Feb 20248,00476.091.78$14,276
Jan 202414,80973.023.30$48,835
Dec 202312,51771.262.61$32,678
Nov 202316,84777.892.81$47,299
Oct 202322,71385.443.09$70,121
Sep 202321,82489.042.74$59,690
Aug 202317,15980.522.67$45,864
Jul 202329,03874.852.64$76,713
Jun 202320,21968.962.26$45,664
May 202313,02770.622.23$29,016
Apr 202320,51978.122.24$45,917
Mar 202322,18872.852.39$53,099
Feb 202320,94675.112.47$51,646
Jan 202326,78476.533.39$90,737
Dec 202224,62176.415.73$141,056
Nov 202226,35485.005.65$148,800
Oct 202230,14787.185.86$176,775
Sep 202227,88484.888.16$227,636
Aug 202225,85594.529.13$235,983
Jul 202227,392101.587.54$206,593
Jun 202226,352115.097.98$210,215
May 202227,461109.378.43$231,580
Apr 202226,442104.226.84$180,800
Mar 202228,287108.885.08$143,596
Feb 202226,16891.054.86$127,146
Jan 202231,66581.844.54$143,686
Dec 202132,77671.323.90$127,798
Nov 202131,77677.435.24$166,406
Oct 202130,60679.795.71$174,879
Sep 202129,55269.865.35$158,130
Aug 202132,50566.024.22$137,190
Jul 202133,24270.783.98$132,372
Jun 202133,92369.493.38$114,681
May 202135,51363.483.02$107,167
Apr 202134,88960.362.76$96,239
Mar 202138,01161.302.72$103,274
Feb 202135,99157.805.55$199,676
Jan 202141,04650.412.81$115,350
Dec 202042,63844.642.68$114,076
Nov 202042,00238.772.71$113,681
Oct 202043,82436.972.48$108,615
Sep 202037,32137.091.99$74,308
Aug 202041,93839.982.39$100,026
Jul 202040,15938.371.83$73,295
Jun 202040,32434.901.69$68,160
May 202042,62416.921.81$77,352
Apr 202042,04814.751.80$75,871
Mar 202044,65030.341.86$82,881
Feb 202042,87149.881.98$84,913
Jan 202046,42057.252.09$97,238
Dec 201948,23159.012.30$111,142
Nov 201947,04655.302.75$129,409
Oct 201950,39253.472.42$121,875
Sep 201949,96655.052.66$132,774
Aug 201952,90553.112.30$121,912
Jul 201954,37056.272.46$133,753
Jun 201953,97052.782.49$134,450
May 201957,70058.482.74$158,116
Apr 201957,27662.632.75$157,549
Mar 201961,12756.803.06$187,177
Feb 201957,66450.852.79$161,011
Jan 201951,84446.033.23$167,362
Dec 201864,89446.594.19$271,610
Nov 201862,31952.934.24$264,061
Oct 201864,94461.443.40$220,685
Sep 201866,73159.543.11$207,400
Aug 201868,49359.403.07$210,038
Jul 201867,90965.142.93$199,101
Jun 201867,92060.183.08$208,984
May 201866,21465.382.90$192,074
Apr 201867,90763.842.90$196,985
Mar 201874,19061.222.79$206,756
Feb 201871,03461.782.77$196,489
Jan 201882,65962.874.01$331,406
Dec 201784,87657.272.92$247,967
Nov 201783,07655.423.12$259,061
Oct 201788,11649.292.98$262,910
Sep 201788,15447.523.09$272,156
Aug 201794,11045.373.00$282,744
Jul 201798,75143.873.09$304,872
Jun 201797,27942.493.09$300,328
May 2017107,25645.373.26$350,019
Apr 2017104,84347.933.21$336,714
Mar 2017107,49546.772.98$320,731
Feb 201798,10250.452.95$289,656
Jan 2017112,94049.413.42$386,119
Dec 2016116,91348.763.72$435,247
Nov 2016115,31542.492.64$304,933
Oct 2016126,12046.193.09$389,744
Sep 2016128,88241.553.10$399,615
Aug 2016139,78041.442.92$408,764
Jul 2016145,55341.622.92$425,646
Jun 2016148,29445.352.69$398,292
May 2016160,78742.521.99$320,133
Apr 2016142,06336.561.99$282,853
Mar 2016193,13333.011.79$346,483
Feb 2016171,91126.472.06$354,761
Jan 201649,13627.352.36$116,175
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$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
Gas               11,971 Mcf  × $  3.05 =    $36,462

────────────────────────────────────────────────────
Month total                                  $36,462

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/279359 is the state's own key, not one this site invented.