MARTIN

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the SHARONLEE (SLIGO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235990District 02Field 82721500Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$33.2 M
Dec 2007 – May 2026
Value, last 12 filed months
$234
at the published price for each month
Months reported
222
no gaps in the span
Streams
1
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1985-06-16
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: AOF-1 AND AOF-2 EFFECTIVE 03/01/2009.

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
High Cost Gas112008-07-15183817
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
GasProduction6,251,682 Mcf$33,205,105
Total$33,205,105

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 28.3074, -98.2879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30743, -98.28789 · 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
17,200 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 17,200 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-29734735117,200 ftMay 2011

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 (222)

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

222 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 20261589.753.15$47
Feb 20262063.503.75$75
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 20251758.593.93$67
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 20251563.933.01$45
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 20251362.363.54$46
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 20242369.052.20$51
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 20241279.932.15$26
Jun 20242578.082.63$66
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 20231878.122.24$40
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 20222594.529.13$228
Jul 20220101.587.54$0
Jun 202221115.097.98$168
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 202235108.885.08$178
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 20213160.362.76$86
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 202119750.412.81$554
Dec 20201344.642.68$35
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020637.091.99$12
Aug 2020039.982.39$0
Jul 2020438.371.83$7
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20202030.341.86$37
Feb 2020049.881.98$0
Jan 2020857.252.09$17
Dec 20191259.012.30$28
Nov 2019255.302.75$6
Oct 20191053.472.42$24
Sep 2019655.052.66$16
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019556.803.06$15
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 20182565.382.90$73
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 20175049.413.42$171
Dec 20167948.763.72$294
Nov 20166542.492.64$172
Oct 201612446.193.09$383
Sep 20166641.553.10$205
Aug 201623741.442.92$693
Jul 201622741.622.92$664
Jun 201625145.352.69$674
May 201636242.521.99$721
Apr 201641936.561.99$834
Mar 201655733.011.79$999
Feb 201664526.472.06$1,331
Jan 20161,57727.352.36$3,729
Dec 20151,75032.362.00$3,502
Nov 20151,59138.792.17$3,448
Oct 20152,47943.552.43$6,015
Sep 20152,59642.992.76$7,161
Aug 20152,47040.162.87$7,095
Jul 20152,91048.152.95$8,570
Jun 20152,34456.152.88$6,757
May 20153,08955.212.96$9,129
Apr 20152,45449.822.71$6,642
Mar 20152,91642.892.93$8,558
Feb 20153,13244.662.98$9,321
Jan 20153,68943.433.10$11,438
Dec 20143,85054.693.59$13,827
Nov 20143,81970.464.25$16,238
Oct 20144,96978.303.90$19,384
Sep 20145,17586.164.05$20,935
Aug 20145,37689.394.04$21,693
Jul 20146,38996.564.18$26,703
Jun 20145,62098.164.74$26,621
May 20147,35594.734.73$34,764
Apr 20145,13795.944.81$24,704
Mar 20146,45695.895.06$32,647
Feb 20147,05997.406.19$43,709
Jan 20148,80490.404.86$42,794
Dec 201310,19191.824.35$44,377
Nov 201310,40688.853.74$38,901
Oct 201312,06997.423.78$45,613
Sep 201312,692104.113.72$47,186
Aug 201314,396104.253.52$50,711
Jul 201316,919102.523.72$62,900
Jun 201317,13394.403.93$67,391
May 201315,62294.834.15$64,817
Apr 201313,96393.964.28$59,798
Mar 201316,13593.623.91$63,134
Feb 201317,24191.233.42$58,963
Jan 201320,63991.603.42$70,584
Dec 201222,10886.773.42$75,613
Nov 201223,07886.953.62$83,657
Oct 201225,73589.383.40$87,491
Sep 201227,66094.672.92$80,723
Aug 201231,15992.662.91$90,615
Jul 201228,77285.133.02$86,914
Jun 201232,97479.822.52$83,063
May 201236,17591.612.49$90,015
Apr 201237,614101.652.00$75,108
Mar 201243,088105.052.22$95,745
Feb 201242,224101.102.57$108,526
Jan 201247,92498.092.73$131,028
Dec 201149,65596.873.24$160,869
Nov 201152,50295.723.31$173,849
Oct 201152,39184.983.65$191,151
Sep 201162,61383.623.99$249,563
Aug 201168,94983.404.15$286,091
Jul 201175,82594.144.52$342,520
Jun 201179,40892.904.64$368,444
May 201182,90098.134.40$365,160
Apr 201178,377105.964.33$339,629
Mar 201186,08096.364.06$349,256
Feb 201175,16285.644.18$314,176
Jan 201197,73886.504.59$448,498
Dec 2010111,68285.734.35$485,565
Nov 201097,98880.843.80$371,897
Oct 201085,63278.103.51$300,473
Sep 201088,57172.633.98$352,466
Aug 201097,19873.684.42$429,553
Jul 201098,66872.554.74$467,340
Jun 2010103,84870.364.91$509,935
May 2010103,72671.124.24$439,302
Apr 2010108,98381.694.12$449,303
Mar 2010121,13178.394.39$531,604
Feb 2010101,14973.585.44$550,489
Jan 2010115,93674.365.96$691,453
Dec 2009125,43271.445.48$687,838
Nov 2009124,37574.593.75$466,593
Oct 2009140,68672.544.11$578,255
Sep 2009133,65465.543.06$409,616
Aug 2009148,69167.423.22$478,562
Jul 2009154,98161.133.46$536,932
Jun 2009148,98166.163.90$580,281
May 2009158,40854.743.93$621,870
Apr 2009155,56746.773.59$558,097
Mar 2009193,13442.144.06$783,931
Feb 2009187,71332.814.63$869,674
Jan 2009211,64735.865.37$1,136,756
Dec 2008211,92537.105.98$1,266,705
Nov 2008212,30255.496.86$1,456,468
Oct 2008214,04575.246.92$1,481,615
Sep 2008202,400101.767.88$1,594,323
Aug 2008184,443114.228.48$1,564,634
Jul 2008187,438131.0811.39$2,134,812
Jun 2008189,803131.3313.03$2,473,632
May 2008187,362123.1711.57$2,168,582
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$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.

Mar 2026 — as filed, then multipliedworked
Gas                   15 Mcf  × $  3.15 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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/235990 is the state's own key, not one this site invented.