JC MARTIN

Operated by BPX OPERATING COMPANY (P-5 85408) 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 288849District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.7 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
78
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 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.

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
NGPA1none
ST-1112020-06-08227022

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
CondensateDisposition2,483 bbl$90,851
GasProduction5,747,293 Mcf$19,612,397
Total$19,703,248

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 28.2303, -99.0751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23025, -99.07510 · 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
11,197 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 11,197 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-2833687063H11,197 ftMar 2020

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 (78)

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

78 months

May 2026028,237106.413.05$86,005
Apr 2026028,74598.932.87$82,490
Mar 2026030,07389.753.15$94,713
Feb 20263432,06963.503.75$122,428
Jan 2026031,70059.138.00$253,534
Dec 2025024,70256.664.41$109,019
Nov 2025036,13958.593.93$141,898
Oct 2025036,65259.383.30$121,129
Sep 2025033,93462.743.08$104,412
Aug 20251737,78363.933.01$114,993
Jul 2025041,44866.743.32$137,408
Jun 2025048,98166.483.13$153,248
May 20255520,81260.553.23$70,601
Apr 20254741,95362.363.54$151,575
Mar 2025049,70367.704.27$212,148
Feb 20255829,02370.884.34$130,095
Jan 20257046,17374.324.28$202,762
Dec 20242648,05568.993.12$151,791
Nov 20242647,55469.052.20$106,340
Oct 20242351,67471.372.28$119,531
Sep 20242954,26169.612.36$130,311
Aug 2024163,68875.632.06$131,504
Jul 2024066,70279.932.15$143,182
Jun 2024052,65678.082.63$138,695
May 2024023,66978.812.20$52,035
Apr 2024123,57084.451.66$39,192
Mar 2024231,06080.301.55$48,152
Feb 20241425,98176.091.78$47,406
Jan 2024924,58073.023.30$81,714
Dec 2023335,01271.262.61$91,620
Nov 2023346,47177.892.81$130,704
Oct 2023460,36685.443.09$186,709
Sep 2023047,58489.042.74$130,144
Aug 2023247,22180.522.67$126,377
Jul 20231051,59574.852.64$137,052
Jun 2023849,50368.962.26$112,353
May 2023655,83970.622.23$124,800
Apr 2023050,86978.122.24$113,833
Mar 2023061,23772.852.39$146,550
Feb 2023061,64475.112.47$151,994
Jan 2023073,77176.533.39$249,915
Dec 2022169,90776.415.73$400,579
Nov 2022166,98585.005.65$378,296
Oct 2022669,72287.185.86$409,356
Sep 2022070,54984.888.16$575,939
Aug 2022274,15994.529.13$677,050
Jul 2022275,783101.587.54$571,765
Jun 2022688,938115.097.98$710,167
May 2022384,073109.378.43$709,319
Apr 2022074,984104.226.84$512,711
Mar 2022880,315108.885.08$408,582
Feb 2022870,30691.054.86$342,334
Jan 2022479,92481.844.54$362,997
Dec 2021079,80471.323.90$311,165
Nov 2021180,59077.435.24$422,115
Oct 2021886,76179.795.71$496,379
Sep 20211989,40569.865.35$479,726
Aug 20211993,85566.024.22$397,378
Jul 20211468,69870.783.98$274,552
Jun 20211287,56869.493.38$296,868
May 2021794,44763.483.02$285,454
Apr 2021790,46860.362.76$249,971
Mar 202126109,35461.302.72$298,702
Feb 20214281,03457.805.55$452,000
Jan 20211135,30350.412.81$380,288
Dec 202042127,65144.642.68$343,400
Nov 2020213134,36738.772.71$371,932
Oct 20201167,05336.972.48$414,066
Sep 202016174,11737.091.99$347,267
Aug 202015197,19539.982.39$470,929
Jul 2020210207,71338.371.83$387,159
Jun 202049244,79634.901.69$415,491
May 2020306244,30416.921.81$448,528
Apr 2020657330,13214.751.80$605,374
Mar 2020329164,34430.341.86$315,042
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$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
Condensate             0 bbl  × $106.41 =         $0
Gas               28,237 Mcf  × $  3.05 =    $86,005

────────────────────────────────────────────────────
Month total                                  $86,005

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/288849 is the state's own key, not one this site invented.