MARTIN, J.C.&D.

Operated by SILVER PINES ENERGY CORP. (P-5 781875) in the SUN T S H (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9092District 01Field 87251500NGPA filingOilCasinghead gasSaveExport
Value, all time
$200 k
Jan 1993 – May 2002
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
113
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 326 leases and 350 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-15.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA OF 5% PER WELL 95% DEL. IF CAPACITY RESCINDED

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

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
OilDisposition4,924 bbl$101,475
Casinghead gasProduction78,503 Mcf$98,889
Total$200,364

44,443 Mcf of this lease's gas, across 37 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.2395, -99.1905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23950, -99.19048 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,743 ft
1 wells filed one
Completion to plug
3.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,743 ft.

Completions filed
Aug 1983
1 of 1 wells
Plug dates filed
Aug 1986
1 of 1 wells

Last completion to plug: a median of 3.0 years across the 1 well that filed both dates, with the middle half between 3.0 years and 3.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2833095017,743 ftAug 1983Aug 1986Yes

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 (113)

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

113 months

May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200227018.222.38$492
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001030519.782.53$771
Sep 2001027024.262.25$608
Aug 2001030324.873.05$925
Jul 2001020623.933.20$659
Jun 2001047924.563.82$1,832
May 200112750225.524.31$5,403
Apr 200118449424.685.34$7,177
Mar 200118440924.545.38$6,714
Feb 2001033127.755.77$1,909
Jan 2001039327.478.40$3,301
Dec 200018234326.889.12$8,021
Nov 2000022832.215.66$1,290
Oct 2000032631.235.15$1,677
Sep 200017332431.875.19$7,194
Aug 2000020529.644.54$931
Jul 2000020128.534.09$822
Jun 200017662529.304.40$7,905
May 2000052727.263.68$1,939
Apr 200016660824.513.12$5,963
Mar 200018176728.422.86$7,337
Feb 200017379427.622.73$6,943
Jan 200014676825.272.48$5,594
Dec 199917388624.282.42$6,348
Nov 1999092723.192.43$2,256
Oct 199918170720.982.80$5,780
Sep 1999153721.752.62$1,428
Aug 199917777719.262.88$5,643
Jul 1999066917.892.37$1,587
Jun 199919634815.942.36$3,946
May 1999041615.792.32$966
Apr 199916867015.102.21$4,016
Mar 1999053312.471.84$980
Feb 19991814289.981.82$2,584
Jan 1999045810.381.90$870
Dec 199803029.201.77$536
Nov 1998039410.892.19$861
Oct 1998033712.421.97$664
Sep 199818537312.592.08$3,106
Aug 1998036811.301.91$702
Jul 1998049311.742.24$1,103
Jun 1998064011.242.24$1,432
May 199818348012.622.21$3,369
Apr 1998169513.042.51$1,754
Mar 1998271112.802.31$1,668
Feb 1998068013.952.30$1,563
Jan 1998073214.702.15$1,577
Dec 199717168516.322.41$4,442
Nov 199701,06018.193.09$3,274
Oct 1997279419.253.15$2,539
Sep 199717675217.742.95$5,344
Aug 1997086017.862.55$2,197
Jul 1997088417.582.25$1,986
Jun 199717387317.242.26$4,953
May 1997097218.972.31$2,244
Apr 199701,05017.882.08$2,187
Mar 19971751,06118.951.94$5,374
Feb 199701,03220.492.21$2,276
Jan 19971651,06823.483.54$7,655
Dec 199601,04823.32$0
Nov 199601,21321.97$0
Oct 199601,22523.31$0
Sep 19963361,05722.22$7,466
Aug 1996092020.26$0
Jul 199601,24919.55$0
Jun 199601,13618.73$0
May 1996090719.43$0
Apr 1996049921.51$0
Mar 1996011519.38$0
Feb 1996017516.98$0
Jan 1996031817.07$0
Dec 1995021817.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199401,64715.03$0
Nov 199402,17915.90$0
Oct 199402,30515.58$0
Sep 199401,92415.29$0
Aug 199401,56616.13$0
Jul 199402,00817.56$0
Jun 199401,87917.09$0
May 199401,95915.88$0
Apr 19941671,64914.14$2,361
Mar 19942021,67412.46$2,517
Feb 199401,65512.50$0
Jan 199401,81212.66$0
Dec 199301,40612.33$0
Nov 199301,39914.49$0
Oct 1993097615.85$0
Sep 1993045415.03$0
Aug 1993075615.66$0
Jul 1993087915.46$0
Jun 199301,05416.79$0
May 199301,37317.68$0
Apr 199301,68018.05$0
Mar 1993081218.14$0
Feb 19931901,04317.90$3,401
Jan 1993027416.93$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.

Feb 2002 — as filed, then multipliedworked
Oil                   27 bbl  × $ 18.22 =       $492
Casinghead gas         0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                     $492

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/9092 is the state's own key, not one this site invented.