MARTIN

Operated by CML EXPLORATION, LLC (P-5 120648) in the CALDWELL (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214539District 03Field 14710660CondensateGasSaveExport
Value, all time
$7.2 M
Jan 2006 – Nov 2014
Value, last 12 filed months
$925
at the published price for each month
Months reported
107
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1982-04-16
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
457 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2005-06-21.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 11/2013 - ELK.

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
CondensateDisposition27,557 bbl$1,694,233
GasProduction826,439 Mcf$5,473,929
Total$7,168,162

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 30.4048, -96.5200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40479, -96.52005 · 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
10,043 ft
1 wells filed one
Completion to plug
8.8 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 10,043 ft.

Completions filed
Jan 2006
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-05133621110,043 ftJan 2006Nov 2014Yes

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

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 20140494.734.73$19
Apr 20140595.944.81$24
Mar 20140095.895.06$0
Feb 2014013997.406.19$861
Jan 20140090.404.86$0
Dec 20130591.824.35$22
Nov 201305088.853.74$187
Oct 201303697.423.78$136
Sep 2013057104.113.72$212
Aug 201308104.253.52$28
Jul 2013021102.523.72$78
Jun 201308794.403.93$342
May 2013011694.834.15$481
Apr 20130593.964.28$21
Mar 2013017293.623.91$673
Feb 20131895491.233.42$17,427
Jan 2013065391.603.42$2,233
Dec 201201,42086.773.42$4,857
Nov 2012081586.953.62$2,954
Oct 20121911,12489.383.40$20,893
Sep 201201,14194.672.92$3,330
Aug 2012093392.662.91$2,713
Jul 201202,11085.133.02$6,374
Jun 201201,67279.822.52$4,212
May 20121942,25691.612.49$23,386
Apr 201211,955101.652.00$4,005
Mar 20120802105.052.22$1,782
Feb 20121971,156101.102.57$22,888
Jan 201212,62398.092.73$7,270
Dec 201103,11096.873.24$10,076
Nov 201101,64495.723.31$5,444
Oct 20111892,17184.983.65$23,982
Sep 201102,17383.623.99$8,661
Aug 201102,10383.404.15$8,726
Jul 201101,90794.144.52$8,614
Jun 20111911,66492.904.64$25,465
May 201103,89998.134.40$17,174
Apr 201103,691105.964.33$15,994
Mar 20111953,58696.364.06$33,340
Feb 201101,03885.644.18$4,339
Jan 201101,30986.504.59$6,007
Dec 20101914,04585.734.35$33,961
Nov 201004,98580.843.80$18,920
Oct 20101904,06578.103.51$29,103
Sep 201004,63872.633.98$18,457
Aug 201006,78973.684.42$30,003
Jul 201004,08972.554.74$19,368
Jun 20101932,94270.364.91$28,026
May 201001,96071.124.24$8,301
Apr 201003,57681.694.12$14,743
Mar 201005,76678.394.39$25,305
Feb 20101953,47673.585.44$33,266
Jan 201005,09174.365.96$30,363
Dec 20091944,40871.445.48$38,032
Nov 200905,97874.593.75$22,426
Oct 200919,26572.544.11$38,154
Sep 200916,65865.543.06$20,471
Aug 20091925,64067.423.22$31,097
Jul 200903,37861.133.46$11,703
Jun 20091933,28966.163.90$25,580
May 200913,06854.743.93$12,099
Apr 200902,53146.773.59$9,080
Mar 20091961,56142.144.06$14,596
Feb 200901,52232.814.63$7,051
Jan 200902,51435.865.37$13,503
Dec 20081975,85737.105.98$42,317
Nov 200805,64055.496.86$38,692
Oct 200815,96275.246.92$41,344
Sep 20081934,210101.767.88$52,802
Aug 200806,167114.228.48$52,315
Jul 20081926,812131.0811.39$102,752
Jun 200802,166131.3313.03$28,229
May 20081934,749123.1711.57$78,738
Apr 200802,954110.3110.45$30,884
Mar 20081954,001101.909.66$58,536
Feb 200803,85192.538.77$33,776
Jan 200804,60090.388.21$37,746
Dec 200702,53988.337.30$18,540
Nov 2007033491.677.29$2,435
Oct 200703,03482.856.92$21,001
Sep 200704,91475.846.24$30,684
Aug 20071905,43369.066.39$47,827
Jul 2007012,72870.906.39$81,306
Jun 200719814,86562.007.55$124,484
May 2007016,47358.747.85$129,252
Apr 200719616,14559.617.81$137,699
Mar 200719,48019,48056.927.30$1,251,044
Feb 200717819,43555.108.22$169,486
Jan 200719923,02650.306.73$164,902
Dec 200619525,83456.656.92$189,778
Nov 2006026,71754.207.62$203,516
Oct 200618229,39154.906.01$186,743
Sep 200619831,36660.085.04$169,893
Aug 200619732,79468.717.34$254,241
Jul 200634136,14169.376.34$252,889
Jun 200639330,40066.286.38$220,118
May 200638835,10966.016.42$251,187
Apr 200619954,23864.397.36$412,031
Mar 200655777,82156.707.08$582,782
Feb 200660092,30257.597.75$749,998
Jan 2006010,00360.598.93$89,360

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.73 =         $0
Gas                    4 Mcf  × $  4.73 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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. 03/G/214539 is the state's own key, not one this site invented.