MARTIN UNIT

Operated by WAGNER OIL COMPANY (P-5 891175) in the ORANGEDALE (LULING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 50121District 02Field 67544250CondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – Aug 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
272
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1963-02-05
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: FIELD RETURNED TO A.O.F. 4/1/95 BASED ON COMPLETED SURVEY

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
CondensateDisposition7,386 bbl$226,475
GasProduction636,269 Mcf$2,300,918
Total$2,527,393

169,694 Mcf of this lease's gas, across 47 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 28.4505, -97.8558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45055, -97.85583 · 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
10,525 ft
1 wells filed one
Completion to plug
44.7 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 10,525 ft.

Completions filed
Dec 1970
1 of 1 wells
Plug dates filed
Aug 2015
1 of 1 wells

Last completion to plug: a median of 44.7 years across the 1 well that filed both dates, with the middle half between 44.7 years and 44.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-02530078110,525 ftDec 1970Aug 2015Yes

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 (272)

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

272 months

Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201039078.103.51$3,046
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20091627365.543.06$10,841
Aug 200906167.423.22$196
Jul 200904761.133.46$163
Jun 200901,10766.163.90$4,312
May 200903,63954.743.93$14,286
Apr 2009027446.773.59$983
Mar 2009070542.144.06$2,862
Feb 2009049832.814.63$2,307
Jan 200901,00435.865.37$5,392
Dec 2008065737.105.98$3,927
Nov 200802,91455.496.86$19,991
Oct 20081823,60275.246.92$38,627
Sep 200801,131101.767.88$8,909
Aug 200801,663114.228.48$14,107
Jul 200801,805131.0811.39$20,558
Jun 200801,754131.3313.03$22,859
May 200802,594123.1711.57$30,024
Apr 200802,006110.3110.45$20,972
Mar 20081832,875101.909.66$46,432
Feb 200803,09692.538.77$27,154
Jan 200803,57390.388.21$29,319
Dec 200703,57088.337.30$26,068
Nov 200702,77091.677.29$20,198
Oct 20071823,57382.856.92$39,811
Sep 200703,36075.846.24$20,980
Aug 200703,27869.066.39$20,940
Jul 200701,79770.906.39$11,479
Jun 200702,42162.007.55$18,275
May 20071753,25758.747.85$35,835
Apr 200703,60459.617.81$28,130
Mar 20071692,95456.927.30$31,190
Feb 200703,08455.108.22$25,338
Jan 200701,84250.306.73$12,391
Dec 200602,78956.656.92$19,296
Nov 20061833,29454.207.62$35,011
Oct 200603,31854.906.01$19,954
Sep 200602,62060.085.04$13,197
Aug 200601,24168.717.34$9,109
Jul 200602,50869.376.34$15,908
Jun 200602,39666.286.38$15,296
May 200601,81766.016.42$11,674
Apr 20061793,00264.397.36$33,622
Mar 200602,82456.707.08$20,002
Feb 200602,47457.597.75$19,176
Jan 200603,12160.598.93$27,881
Dec 200502,75954.9413.42$37,013
Nov 200503,17054.6910.59$33,565
Oct 200502,86258.3413.80$39,483
Sep 20051742,63961.4512.08$42,569
Aug 200503,14361.519.80$30,791
Jul 200503,12255.697.84$24,488
Jun 200503,50152.337.38$25,841
May 200504,09045.226.65$27,203
Apr 200503,34949.207.36$24,650
Mar 20051543,44450.377.15$32,398
Feb 200502,33745.226.31$14,751
Jan 200502,36943.166.32$14,977
Dec 200402,84939.866.75$19,234
Nov 200402,73145.286.33$17,288
Oct 200403,29149.706.52$21,441
Sep 200403,15143.245.28$16,650
Aug 200403,17642.375.55$17,629
Jul 20041422,42338.286.08$20,178
Jun 2004098936.106.43$6,362
May 200401,14537.486.49$7,436
Apr 200403,64234.475.86$21,337
Mar 200402,63634.365.53$14,577
Feb 200402,33832.455.51$12,881
Jan 200403,64532.036.30$22,962
Dec 200303,47730.266.30$21,911
Nov 200303,52028.804.60$16,175
Oct 200304,32728.174.76$20,595
Sep 20031703,31726.314.75$20,226
Aug 200304,31729.765.13$22,145
Jul 200302,31429.415.17$11,965
Jun 2003066228.565.98$3,961
May 200302,19226.595.97$13,092
Apr 200302,56926.675.41$13,891
Mar 200303,01931.146.10$18,404
Feb 200303,19933.487.93$25,355
Jan 200303,55530.315.58$19,844
Dec 20021734,41626.914.85$26,090
Nov 200203,93924.664.14$16,295
Oct 200203,99926.464.23$16,912
Sep 200201,74527.443.64$6,343
Aug 200203,45625.963.16$10,935
Jul 20021803,09924.583.06$13,913
Jun 200202,90223.733.34$9,688
May 200203,13924.663.58$11,250
Apr 200203,41123.653.51$11,981
Mar 200203,80922.003.10$11,818
Feb 200203,09518.222.38$7,353
Jan 200203,54317.172.38$8,417
Dec 200102,81816.932.36$6,663
Nov 20011533,47318.072.41$11,119
Oct 200104,03319.782.53$10,199
Sep 200104,02724.262.25$9,066
Aug 200103,29424.873.05$10,057
Jul 200103,34423.933.20$10,691
Jun 200103,20424.563.82$12,253
May 200103,58225.524.31$15,429
Apr 20011754,00224.685.34$25,671
Mar 200103,76024.545.38$20,215
Feb 200102,91627.755.77$16,817
Jan 200103,84127.478.40$32,260
Dec 200002,85926.889.12$26,081
Nov 200003,50132.215.66$19,809
Oct 200004,00631.235.15$20,613
Sep 200003,48831.875.19$18,091
Aug 20001454,25629.644.54$23,623
Jul 200003,87628.534.09$15,852
Jun 200004,30729.304.40$18,939
May 200004,61627.263.68$16,986
Apr 200003,99024.513.12$12,433
Mar 20001703,99228.422.86$16,248
Feb 200003,21627.622.73$8,768
Jan 200004,03325.272.48$10,004
Dec 199904,07824.282.42$9,884
Nov 199904,34323.192.43$10,571
Oct 19991584,22620.982.80$15,163
Sep 199904,08421.752.62$10,695
Aug 199904,02319.262.88$11,569
Jul 199903,90217.892.37$9,257
Jun 19991582,36115.942.36$8,095
May 199903,02415.792.32$7,019
Apr 199903,39415.102.21$7,494
Mar 199903,59012.471.84$6,600
Feb 19991632,2619.981.82$5,737
Jan 199902,95210.381.90$5,609
Dec 199803,6929.201.77$6,547
Nov 199803,73210.892.19$8,157
Oct 19981823,87212.421.97$9,885
Sep 199804,42912.592.08$9,224
Aug 199803,36611.301.91$6,420
Jul 19981673,31411.742.24$9,375
Jun 199803,08911.242.24$6,911
May 199803,16312.622.21$6,979
Apr 199804,17113.042.51$10,450
Mar 19981644,15912.802.31$11,704
Feb 199804,53213.952.30$10,420
Jan 199824,33214.702.15$9,364
Dec 19971794,40416.322.41$13,540
Nov 199702,51018.193.09$7,752
Oct 199702,81419.253.15$8,864
Sep 19971713,03617.742.95$12,005
Aug 199701,26517.862.55$3,232
Jul 1997071117.582.25$1,598
Jun 199703,76517.242.26$8,498
May 199704,89818.972.31$11,307
Apr 19971324,09717.882.08$10,893
Mar 199704,75818.951.94$9,226
Feb 19971774,81820.492.21$14,255
Jan 199705,16223.483.54$18,272
Dec 199603,99323.32$0
Nov 19961834,39021.97$4,021
Oct 199605,38223.31$0
Sep 199602,68622.22$0
Aug 19960020.26$0
Jul 199604,01019.55$0
Jun 19961765,41118.73$3,296
May 199604,94419.43$0
Apr 19961654,50721.51$3,549
Mar 199605,02219.38$0
Feb 1996095816.98$0
Jan 19961793,27017.07$3,056
Dec 199503,64117.19$0
Nov 199501,50016.00$0
Oct 199502,97315.43$0
Sep 199503,94116.18$0
Aug 19951633,04515.92$2,595
Jul 199504,06515.24$0
Jun 199504,34316.41$0
May 19951824,76017.56$3,196
Apr 199504,52217.73$0
Mar 199504,73316.44$0
Feb 199503,26416.58$0
Jan 19951793,79315.92$2,850
Dec 199403,08015.03$0
Nov 19941683,07615.90$2,671
Oct 199403,76915.58$0
Sep 199403,75615.29$0
Aug 199403,99016.13$0
Jul 19941723,98617.56$3,020
Jun 199402,78317.09$0
May 199403,32815.88$0
Apr 199403,10514.14$0
Mar 19941832,77212.46$2,280
Feb 199403,60012.50$0
Jan 199404,76112.66$0
Dec 19931793,09112.33$2,207
Nov 199303,33214.49$0
Oct 199303,66915.85$0
Sep 19931823,10515.03$2,735
Aug 199303,66915.66$0
Jul 19930115.46$0
Jun 19931793,73716.79$3,005
May 199304,13617.68$0
Apr 19931683,73018.05$3,032
Mar 199303,32218.14$0
Feb 199302,97017.90$0
Jan 19931853,77316.93$3,132

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.

Oct 2010 — as filed, then multipliedworked
Condensate            39 bbl  × $ 78.10 =     $3,046
Gas                    0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $3,046

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/50121 is the state's own key, not one this site invented.