MARTIN RANCH C

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19157District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.0 M
Jul 2017 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
107
no gaps in the span
Streams
2
oil, casinghead 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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition326,698 bbl$21,451,893
Casinghead gasProduction198,119 Mcf$573,342
Total$22,025,235

Wells on this lease (2)

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 28.5315, -98.9178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

28.53155, -98.91781 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,115 ft
2 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.
2100.0%

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

Between 9,052 and 9,178 ft, median 9,115 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2017 – Oct 2023
2 of 2 wells

2 wells

42-28337441101H9,178 ftOct 2023
42-2833553111H9,052 ftJul 2017

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 (107)

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

107 months

May 20261,7201,865106.413.05$188,706
Apr 20261,9201,25498.932.87$193,544
Mar 20262,1371,37989.753.15$196,139
Feb 20262,1251,36263.503.75$140,045
Jan 20262,3342,01259.138.00$154,101
Dec 20252,3051,67756.664.41$138,003
Nov 20252,5411,89058.593.93$156,298
Oct 20252,5062,57759.383.30$157,323
Sep 20252,5503,63462.743.08$171,169
Aug 20252,6394,69763.933.01$182,872
Jul 20252,6001,00066.743.32$176,839
Jun 20252,8001,01166.483.13$189,307
May 20253,2621,15960.553.23$201,260
Apr 20253,1771,14062.363.54$202,157
Mar 20253,3131,69467.704.27$231,521
Feb 20253,5841,00370.884.34$258,388
Jan 20253,6581,28374.324.28$277,352
Dec 20244,6002,39768.993.12$324,836
Nov 20244,6822,89169.052.20$329,648
Oct 20245,3235,09771.372.28$391,531
Sep 20244,6434,84569.612.36$334,655
Aug 20246,1008,32175.632.06$478,514
Jul 20246,3208,98479.932.15$524,443
Jun 20247,92714,21778.082.63$656,387
May 20248,0554,81978.812.20$645,409
Apr 202410,5537,45084.451.66$903,562
Mar 202410,1234,48480.301.55$819,805
Feb 202410,2325,74376.091.78$788,796
Jan 202411,8395,29573.023.30$881,945
Dec 202313,0804,92771.262.61$944,944
Nov 202314,7245,38377.892.81$1,161,965
Oct 202314,5663,43185.443.09$1,255,112
Sep 202321089.042.74$1,870
Aug 2023625980.522.67$50,349
Jul 2023193074.852.64$14,446
Jun 2023536068.962.26$36,963
May 20232993970.622.23$21,202
Apr 202343968678.122.24$35,830
Mar 20232384,94472.852.39$29,170
Feb 2023831,00675.112.47$8,715
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202210085.005.65$850
Oct 20221331987.185.86$11,706
Sep 202248914384.888.16$42,674
Aug 202254886094.529.13$59,646
Jul 2022644669101.587.54$70,463
Jun 2022576776115.097.98$72,482
May 2022674909109.378.43$81,381
Apr 2022015104.226.84$103
Mar 20221,265628108.885.08$140,921
Feb 20229091.054.86$819
Jan 202216610581.844.54$14,062
Dec 202149048771.323.90$36,846
Nov 202153071877.435.24$44,798
Oct 20214671,01479.795.71$43,056
Sep 202125720769.865.35$19,062
Aug 202141923866.024.22$28,667
Jul 202162355170.783.98$46,290
Jun 20217261,16569.493.38$54,388
May 202156736763.483.02$37,101
Apr 202168852260.362.76$42,968
Mar 202159935961.302.72$37,694
Feb 202164231657.805.55$38,861
Jan 202165862250.412.81$34,918
Dec 202063152944.642.68$29,583
Nov 202049736338.772.71$20,251
Oct 202088958136.972.48$34,306
Sep 202077618437.091.99$29,148
Aug 202058427939.982.39$24,014
Jul 20201,0703,89338.371.83$48,161
Jun 202086542834.901.69$30,912
May 20206681,41816.921.81$13,876
Apr 202080662014.751.80$13,007
Mar 202095255030.341.86$29,905
Feb 202085043049.881.98$43,250
Jan 202096758557.252.09$56,586
Dec 20191,0501,39359.012.30$65,170
Nov 20191,0892,18255.302.75$66,224
Oct 20191,12793053.472.42$62,510
Sep 20191,06998755.052.66$61,471
Aug 20191,1191,31053.112.30$62,449
Jul 20191,2771,36956.272.46$75,225
Jun 20191,381452.782.49$72,899
May 20191,574058.482.74$92,048
Apr 20191,6551,32962.632.75$107,308
Mar 20191,7411,39656.803.06$103,163
Feb 20191,7151,38750.852.79$91,081
Jan 20191,8341,36346.033.23$88,819
Dec 20182,08981046.594.19$100,717
Nov 20182,19676452.934.24$119,472
Oct 20182,35075061.443.40$146,933
Sep 20182,3941,06259.543.11$145,839
Aug 20182,8671,28759.403.07$174,246
Jul 20182,45966565.142.93$162,129
Jun 20182,16475460.183.08$132,550
May 20183,2771,91865.382.90$219,814
Apr 20183,7521,97263.842.90$245,248
Mar 20184,2871,58361.222.79$266,862
Feb 20184,3091,52361.782.77$270,423
Jan 20185,8933,78162.874.01$385,652
Dec 20178,1413,32057.272.92$475,935
Nov 20179,9413,08155.423.12$560,538
Oct 201710,6973,10349.292.98$536,513
Sep 201711,5682,39447.523.09$557,102
Aug 201712,3333,85645.373.00$571,133
Jul 201718,2435,69143.873.09$817,890

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
Oil                1,720 bbl  × $106.41 =   $183,025
Casinghead gas     1,865 Mcf  × $  3.05 =     $5,680

────────────────────────────────────────────────────
Month total                                 $188,706

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/O/19157 is the state's own key, not one this site invented.