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 279404District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$16.7 M
Jul 2015 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
131
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
GasProduction5,206,888 Mcf$16,675,686
Total$16,675,686

Every month this lease reported (131)

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

131 months

May 202620,960106.413.05$63,841
Apr 202621,28698.932.87$61,085
Mar 202623,42889.753.15$73,785
Feb 202621,43863.503.75$80,399
Jan 202624,08159.138.00$192,598
Dec 202524,83056.664.41$109,584
Nov 202524,46758.593.93$96,068
Oct 202525,92359.383.30$85,671
Sep 202525,88962.743.08$79,658
Aug 202529,22963.933.01$88,118
Jul 202523,42366.743.32$77,652
Jun 202525,95166.483.13$81,193
May 202529,48660.553.23$95,308
Apr 202519,70262.363.54$69,807
Mar 202523,72867.704.27$101,279
Feb 202524,15370.884.34$104,844
Jan 202531,25474.324.28$133,726
Dec 202410,59468.993.12$33,068
Nov 202411,26269.052.20$24,759
Oct 202413,24171.372.28$30,208
Sep 2024069.612.36$0
Aug 20242,63675.632.06$5,440
Jul 202418,40579.932.15$39,508
Jun 202417,74978.082.63$46,751
May 202420,74978.812.20$45,615
Apr 20249,91284.451.66$16,446
Mar 202426,61280.301.55$41,119
Feb 202425,31976.091.78$45,160
Jan 202427,35673.023.30$90,211
Dec 202327,21571.262.61$71,051
Nov 202327,17177.892.81$76,284
Oct 202328,28385.443.09$87,318
Sep 202325,49089.042.74$69,716
Aug 202327,70080.522.67$74,039
Jul 202327,79874.852.64$73,437
Jun 202327,04168.962.26$61,072
May 202327,56570.622.23$61,398
Apr 202326,08778.122.24$58,376
Mar 202328,61872.852.39$68,487
Feb 202326,11275.112.47$64,384
Jan 202329,18876.533.39$98,881
Dec 202229,45176.415.73$168,727
Nov 202228,84785.005.65$162,876
Oct 202230,18387.185.86$176,986
Sep 202229,40184.888.16$240,020
Aug 202230,73994.529.13$280,560
Jul 202231,263101.587.54$235,788
Jun 202230,344115.097.98$242,060
May 202231,641109.378.43$266,830
Apr 202231,004104.226.84$211,993
Mar 202232,985108.885.08$167,445
Feb 202228,97391.054.86$140,775
Jan 202232,90181.844.54$149,294
Dec 202133,11971.323.90$129,135
Nov 202132,70977.435.24$171,292
Oct 202133,90079.795.71$193,700
Sep 202132,64869.865.35$174,697
Aug 202134,47166.024.22$145,488
Jul 202134,86570.783.98$138,835
Jun 202133,92869.493.38$114,698
May 202135,30463.483.02$106,536
Apr 202134,59760.362.76$95,433
Mar 202135,32761.302.72$95,981
Feb 202132,37257.805.55$179,598
Jan 202135,92050.412.81$100,945
Dec 202036,64044.642.68$98,029
Nov 202035,95838.772.71$97,323
Oct 202037,77436.972.48$93,620
Sep 202037,14837.091.99$73,963
Aug 202038,99339.982.39$93,002
Jul 202039,96738.371.83$72,945
Jun 202037,87534.901.69$64,020
May 202040,30716.921.81$73,147
Apr 202038,85614.751.80$70,111
Mar 202040,54130.341.86$75,253
Feb 202039,06949.881.98$77,383
Jan 202042,57257.252.09$89,177
Dec 201943,45059.012.30$100,124
Nov 201943,25155.302.75$118,971
Oct 201945,30653.472.42$109,574
Sep 201944,81355.052.66$119,081
Aug 201949,84353.112.30$114,856
Jul 201937,89556.272.46$93,224
Jun 201936,15952.782.49$90,079
May 201942,75358.482.74$117,157
Apr 201947,62362.632.75$130,997
Mar 201949,74956.803.06$152,336
Feb 201946,18250.852.79$128,950
Jan 201949,86246.033.23$160,964
Dec 201849,24846.594.19$206,125
Nov 201848,33952.934.24$204,824
Oct 201850,85261.443.40$172,799
Sep 201850,02459.543.11$155,475
Aug 201853,49259.403.07$164,036
Jul 201850,82165.142.93$149,001
Jun 201849,76660.183.08$153,126
May 201853,48465.382.90$155,146
Apr 201852,87263.842.90$153,371
Mar 201856,13961.222.79$156,450
Feb 201852,70561.782.77$145,788
Jan 201859,96062.874.01$240,399
Dec 201759,58757.272.92$174,085
Nov 201758,68055.423.12$182,985
Oct 201760,94649.292.98$181,843
Sep 201763,51947.523.09$196,101
Aug 201764,05145.373.00$192,435
Jul 201768,63743.873.09$211,902
Jun 201768,27942.493.09$210,796
May 201772,12545.373.26$235,373
Apr 201769,12347.933.21$221,995
Mar 201773,76846.772.98$220,100
Feb 201768,51050.452.95$202,283
Jan 201777,96249.413.42$266,536
Dec 201679,99548.763.72$297,808
Nov 201680,13142.492.64$211,894
Oct 201686,14246.193.09$266,201
Sep 201686,84741.553.10$269,280
Aug 201692,84641.442.92$271,513
Jul 201695,44941.622.92$279,125
Jun 201698,09145.352.69$263,456
May 201695,76442.521.99$190,670
Apr 2016102,03736.561.99$203,160
Mar 2016110,29233.011.79$197,865
Feb 2016100,36626.472.06$207,118
Jan 201635,23027.352.36$83,296
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

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               20,960 Mcf  × $  3.05 =    $63,841

────────────────────────────────────────────────────
Month total                                  $63,841

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/279404 is the state's own key, not one this site invented.