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 291374District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.5 M
Jun 2021 – May 2026
Value, last 12 filed months
$904 k
at the published price for each month
Months reported
60
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-1112022-02-10229984

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
CondensateDisposition361 bbl$26,453
GasProduction6,023,233 Mcf$29,478,178
Total$29,504,631

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 28.2229, -99.0919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22292, -99.09194 · 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
11,211 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 11,211 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-2833705682H11,211 ftJun 2021

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 (60)

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

60 months

May 2026019,349106.413.05$58,934
Apr 2026016,55398.932.87$47,502
Mar 20261820,15889.753.15$65,102
Feb 2026019,20163.503.75$72,010
Jan 20261820,54959.138.00$165,414
Dec 2025019,22256.664.41$84,834
Nov 2025019,61158.593.93$77,001
Oct 20253018,02559.383.30$61,351
Sep 2025018,18062.743.08$55,938
Aug 2025022,44963.933.01$67,678
Jul 2025022,00466.743.32$72,948
Jun 2025024,04166.483.13$75,218
May 20251625,71460.553.23$84,085
Apr 2025026,64962.363.54$94,421
Mar 2025029,14067.704.27$124,379
Feb 20251824,92970.884.34$109,489
Jan 20251531,61174.324.28$136,368
Dec 2024032,14368.993.12$100,330
Nov 2024531,56169.052.20$69,730
Oct 2024034,97371.372.28$79,787
Sep 2024032,12369.612.36$75,950
Aug 2024436,30675.632.06$75,225
Jul 20241035,53879.932.15$77,085
Jun 2024042,91178.082.63$113,027
May 20242346,48678.812.20$104,009
Apr 2024043,38484.451.66$71,983
Mar 20243744,66580.301.55$71,984
Feb 2024038,66976.091.78$68,972
Jan 20246441,87973.023.30$142,776
Dec 20233142,77071.262.61$113,870
Nov 20234846,53877.892.81$134,397
Oct 2023050,51285.443.09$155,945
Sep 2023050,51389.042.74$138,155
Aug 2023054,35080.522.67$145,271
Jul 20232157,02574.852.64$152,220
Jun 2023056,98968.962.26$128,709
May 2023061,35870.622.23$136,669
Apr 2023050,64178.122.24$113,322
Mar 2023068,20872.852.39$163,233
Feb 2023019,47575.112.47$48,019
Jan 20230114,64676.533.39$388,389
Dec 20220124,70076.415.73$714,416
Nov 2022056,35885.005.65$318,209
Oct 20220114,21987.185.86$669,753
Sep 20220111,77084.888.16$912,455
Aug 20220165,42694.529.13$1,509,870
Jul 20220174,852101.587.54$1,318,748
Jun 20220188,578115.097.98$1,504,324
May 20220225,500109.378.43$1,901,651
Apr 20220212,291104.226.84$1,451,561
Mar 20220234,479108.885.08$1,190,309
Feb 20220228,04191.054.86$1,108,015
Jan 20220250,97281.844.54$1,138,831
Dec 20210310,07871.323.90$1,209,031
Nov 20210339,87677.435.24$1,779,880
Oct 20210402,20379.795.71$2,298,136
Sep 20210463,38169.865.35$2,479,515
Aug 20210322,03066.024.22$1,359,157
Jul 20210553,58170.783.98$2,204,404
Jun 2021333,85069.493.38$114,642

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               19,349 Mcf  × $  3.05 =    $58,934

────────────────────────────────────────────────────
Month total                                  $58,934

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/291374 is the state's own key, not one this site invented.