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 279360District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$17.8 M
May 2015 – May 2026
Value, last 12 filed months
$522 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
GasProduction5,798,598 Mcf$17,838,868
Total$17,838,868

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 202610,207106.413.05$31,089
Apr 20268,46798.932.87$24,298
Mar 20269,94289.753.15$31,312
Feb 202611,14463.503.75$41,794
Jan 202610,09859.138.00$80,763
Dec 202513,38556.664.41$59,073
Nov 202516,70058.593.93$65,572
Oct 202512,79259.383.30$42,276
Sep 20254,56662.743.08$14,049
Aug 202514,18863.933.01$42,773
Jul 202512,08866.743.32$40,074
Jun 202515,57766.483.13$48,736
May 202512,28860.553.23$39,719
Apr 202512,72962.363.54$45,100
Mar 202515,11267.704.27$64,503
Feb 202527,78770.884.34$120,619
Jan 202521,62174.324.28$92,509
Dec 20241,38168.993.12$4,311
Nov 20246,79769.052.20$14,943
Oct 20248,47271.372.28$19,328
Sep 2024069.612.36$0
Aug 20242,87875.632.06$5,939
Jul 202410,67979.932.15$22,923
Jun 20248,86678.082.63$23,353
May 20249,67378.812.20$21,266
Apr 20245,83084.451.66$9,673
Mar 202416,08980.301.55$24,860
Feb 20249,26876.091.78$16,531
Jan 20244,56273.023.30$15,044
Dec 20233,78771.262.61$9,887
Nov 20233,99677.892.81$11,219
Oct 202312,88085.443.09$39,764
Sep 20239,36989.042.74$25,625
Aug 20239,41980.522.67$25,176
Jul 20238,65774.852.64$22,870
Jun 202310,81568.962.26$24,425
May 202313,67070.622.23$30,449
Apr 202312,56378.122.24$28,113
Mar 202310,45372.852.39$25,016
Feb 202313,94975.112.47$34,394
Jan 202317,62076.533.39$59,692
Dec 202218,88276.415.73$108,176
Nov 202220,85385.005.65$117,740
Oct 202219,40687.185.86$113,792
Sep 202221,29084.888.16$173,805
Aug 202223,10894.529.13$210,910
Jul 202226,417101.587.54$199,239
Jun 202221,582115.097.98$172,164
May 202227,291109.378.43$230,146
Apr 202224,132104.226.84$165,005
Mar 202226,714108.885.08$135,611
Feb 202224,90191.054.86$120,990
Jan 202228,84081.844.54$130,867
Dec 202129,04171.323.90$113,234
Nov 202131,40177.435.24$164,442
Oct 202130,16279.795.71$172,342
Sep 202123,27769.865.35$124,553
Aug 202132,76466.024.22$138,283
Jul 202133,52270.783.98$133,487
Jun 202133,38669.493.38$112,865
May 202135,18063.483.02$106,162
Apr 202135,20960.362.76$97,121
Mar 202133,78561.302.72$91,792
Feb 202130,89457.805.55$171,398
Jan 202137,41550.412.81$105,146
Dec 202037,61844.642.68$100,645
Nov 202036,98238.772.71$100,094
Oct 202039,91736.972.48$98,931
Sep 202040,53137.091.99$80,699
Aug 202041,49739.982.39$98,974
Jul 202042,73838.371.83$78,002
Jun 202043,29934.901.69$73,189
May 202046,37116.921.81$84,152
Apr 202046,69314.751.80$84,252
Mar 202046,98530.341.86$87,215
Feb 202049,62849.881.98$98,297
Jan 202059,55957.252.09$124,761
Dec 201943,93559.012.30$101,242
Nov 201942,51355.302.75$116,941
Oct 201946,14753.472.42$111,608
Sep 201947,77855.052.66$126,960
Aug 201950,22853.112.30$115,743
Jul 201946,54556.272.46$114,503
Jun 201942,49452.782.49$105,861
May 201951,24258.482.74$140,419
Apr 201952,50562.632.75$144,426
Mar 201956,72756.803.06$173,704
Feb 201952,88050.852.79$147,653
Jan 201960,89546.033.23$196,580
Dec 201860,13946.594.19$251,708
Nov 201864,54352.934.24$273,484
Oct 201869,07061.443.40$234,705
Sep 201869,15659.543.11$214,937
Aug 201879,94759.403.07$245,162
Jul 201867,71365.142.93$198,526
Jun 201866,60960.183.08$204,951
May 201872,41065.382.90$210,047
Apr 201873,22763.842.90$212,417
Mar 201880,63561.222.79$224,717
Feb 201884,02461.782.77$232,420
Jan 201881,46962.874.01$326,635
Dec 201783,56457.272.92$244,134
Nov 201785,80955.423.12$267,583
Oct 201789,76649.292.98$267,833
Sep 201793,25247.523.09$287,895
Aug 201790,94945.373.00$273,247
Jul 201798,26443.873.09$303,368
Jun 201799,43042.493.09$306,968
May 2017111,25145.373.26$363,057
Apr 2017102,73747.933.21$329,950
Mar 201796,74546.772.98$288,656
Feb 201789,77750.452.95$265,076
Jan 2017101,44249.413.42$346,810
Dec 2016108,41048.763.72$403,592
Nov 2016113,88942.492.64$301,162
Oct 2016119,66646.193.09$369,799
Sep 2016115,22441.553.10$357,267
Aug 2016129,69441.442.92$379,269
Jul 2016136,36941.622.92$398,789
Jun 2016143,46345.352.69$385,317
May 2016137,68442.521.99$274,134
Apr 2016132,18336.561.99$263,182
Mar 2016200,14733.011.79$359,066
Feb 2016156,75126.472.06$323,476
Jan 201657,66727.352.36$136,346
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               10,207 Mcf  × $  3.05 =    $31,089

────────────────────────────────────────────────────
Month total                                  $31,089

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/279360 is the state's own key, not one this site invented.