MARTIN UNIT

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the THEIS, SOUTH(SLICK FIRST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220079District 02Field 89275400CondensateGasSaveExport
Value, all time
$10.6 M
Mar 2006 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1976-02-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/2006.

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
CondensateDisposition35,578 bbl$2,445,124
GasProduction1,199,558 Mcf$8,112,645
Total$10,557,768

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 28.4551, -97.8568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45515, -97.85677 · 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
9,800 ft
1 wells filed one
Completion to plug
16.2 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 9,800 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253337329,800 ftMar 2006May 2022Yes

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 (195)

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

195 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150532.362.00$10
Nov 201501438.792.17$30
Oct 201503943.552.43$95
Sep 201503942.992.76$108
Aug 201506140.162.87$175
Jul 201504148.152.95$121
Jun 201506356.152.88$182
May 201507655.212.96$225
Apr 20150049.822.71$0
Mar 201504542.892.93$132
Feb 201503544.662.98$104
Jan 201505543.433.10$171
Dec 201407054.693.59$251
Nov 201406470.464.25$272
Oct 201409578.303.90$371
Sep 201408786.164.05$352
Aug 201407689.394.04$307
Jul 201407096.564.18$293
Jun 201406498.164.74$303
May 201407394.734.73$345
Apr 2014010395.944.81$495
Mar 201409395.895.06$470
Feb 201408997.406.19$551
Jan 201406090.404.86$292
Dec 2013010091.824.35$435
Nov 201304588.853.74$168
Oct 20130097.423.78$0
Sep 201318595104.113.72$19,614
Aug 201304104.253.52$14
Jul 2013044102.523.72$164
Jun 20130094.403.93$0
May 201307294.834.15$299
Apr 201301893.964.28$77
Mar 20130093.623.91$0
Feb 2013010891.233.42$369
Jan 2013011591.603.42$393
Dec 2012015986.773.42$544
Nov 201217714386.953.62$15,909
Oct 201201,15089.383.40$3,910
Sep 201201,41594.672.92$4,130
Aug 201201,58392.662.91$4,604
Jul 201201,44785.133.02$4,371
Jun 201201,63479.822.52$4,116
May 20121721,57791.612.49$19,681
Apr 201201,385101.652.00$2,766
Mar 201203,317105.052.22$7,371
Feb 20121772,873101.102.57$25,279
Jan 201202,51998.092.73$6,887
Dec 201101,90396.873.24$6,165
Nov 20111772,53795.723.31$25,343
Oct 201102,56384.983.65$9,351
Sep 20111752,56383.623.99$24,849
Aug 201102,82383.404.15$11,714
Jul 20111772,75194.144.52$29,090
Jun 201102,57292.904.64$11,934
May 20111742,53598.134.40$28,241
Apr 201102,389105.964.33$10,352
Mar 201102,37996.364.06$9,652
Feb 20111782,31285.644.18$24,908
Jan 201102,07086.504.59$9,499
Dec 20101782,20585.734.35$24,847
Nov 201002,03180.843.80$7,708
Oct 20101771,74778.103.51$19,954
Sep 201002,45972.633.98$9,786
Aug 20101762,76973.684.42$25,205
Jul 201003,50272.554.74$16,587
Jun 20101793,60470.364.91$30,292
May 201003,49471.124.24$14,798
Apr 20101793,14681.694.12$27,592
Mar 201002,84978.394.39$12,503
Feb 20101793,73673.585.44$33,503
Jan 201003,90474.365.96$23,284
Dec 20091792,77571.445.48$28,005
Nov 20091774,59074.593.75$30,422
Oct 20091774,80072.544.11$32,569
Sep 20091743,65265.543.06$22,596
Aug 200907,15967.423.22$23,041
Jul 20093519,51961.133.46$54,435
Jun 20091748,84866.163.90$45,975
May 200935310,04154.743.93$58,742
Apr 20091799,05246.773.59$40,846
Mar 200935011,36442.144.06$60,875
Feb 20093599,66232.814.63$56,543
Jan 2009012,23635.865.37$65,720
Dec 200835511,18537.105.98$80,025
Nov 200835411,57955.496.86$99,080
Oct 200835812,04275.246.92$110,290
Sep 200817711,471101.767.88$108,370
Aug 200853011,900114.228.48$161,485
Jul 200835215,142131.0811.39$218,599
Jun 200853213,008131.3313.03$239,396
May 200836515,362123.1711.57$222,761
Apr 2008015,335110.3110.45$160,325
Mar 200836215,861101.909.66$190,170
Feb 200835815,68392.538.77$170,675
Jan 200853916,79890.388.21$186,555
Dec 200754119,31288.337.30$188,802
Nov 200754019,83091.677.29$194,096
Oct 200771321,93282.856.92$210,885
Sep 200771423,72875.846.24$202,311
Aug 200771126,63969.066.39$219,270
Jul 200771528,62570.906.39$233,548
Jun 200788631,37762.007.55$291,780
May 200789237,24458.747.85$344,623
Apr 20071,24938,36959.617.81$373,931
Mar 20071,24943,81256.927.30$391,007
Feb 20071,24541,18155.108.22$406,943
Jan 20071,44650,13250.306.73$409,964
Dec 20061,61852,90456.656.92$457,673
Nov 20061,62153,82654.207.62$497,877
Oct 20061,77155,93854.906.01$433,628
Sep 20061,95457,91360.085.04$409,116
Aug 20061,94257,48868.717.34$555,392
Jul 20062,11455,99669.376.34$501,817
Jun 20061,78352,21566.286.38$451,512
May 20061,95055,46766.016.42$485,095
Apr 200650929,78564.397.36$252,006
Mar 2006071856.707.08$5,086

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.

Dec 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.36 =         $0
Gas                    5 Mcf  × $  2.00 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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. 02/G/220079 is the state's own key, not one this site invented.