KIM "A"

Operated by MARTINEAU PETROLEUM, INC. (P-5 531036) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24589District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$2.6 M
Apr 2004 – Apr 2009
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
61
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
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 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition49,248 bbl$2,264,482
Casinghead gasProduction55,017 Mcf$362,646
Total$2,627,128

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 30.7460, -96.3488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.74603, -96.34885 · 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
8,709 ft
1 wells filed one
Completion to plug
4.9 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 8,709 ft.

Completions filed
Apr 2004
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-041305645H8,709 ftApr 2004Mar 2009Yes

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 (61)

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

61 months

Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200988032.814.63$2,887
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008870131.0811.39$11,404
Jun 2008130131.3313.03$1,707
May 2008880123.1711.57$10,839
Apr 200820110.3110.45$221
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200782888.337.30$7,301
Nov 200751191.677.29$539
Oct 20070682.856.92$42
Sep 200704275.846.24$262
Aug 200715224069.066.39$12,030
Jul 2007814070.906.39$1,462
Jun 20079127362.007.55$7,703
May 20071372558.747.85$8,244
Apr 200716725759.617.81$11,961
Mar 200719856456.927.30$15,388
Feb 200737048055.108.22$24,331
Jan 200752932750.306.73$28,808
Dec 200635947256.656.92$23,603
Nov 200649257454.207.62$31,039
Oct 200660592054.906.01$38,747
Sep 20065331,36860.085.04$38,914
Aug 20066861,37068.717.34$57,191
Jul 200669385169.376.34$53,471
Jun 200650530066.286.38$35,387
May 200679963966.016.42$56,848
Apr 2006526064.397.36$33,869
Mar 2006534056.707.08$30,278
Feb 200619610957.597.75$12,133
Jan 200638348460.598.93$27,530
Dec 200585895254.9413.42$59,910
Nov 200555573454.6910.59$38,125
Oct 200571237358.3413.80$46,684
Sep 200568957461.4512.08$49,272
Aug 200587190961.519.80$62,481
Jul 200589939055.697.84$53,124
Jun 200562062152.337.38$37,028
May 200592723645.226.65$43,489
Apr 20059221,09549.207.36$53,422
Mar 20051,29176250.377.15$70,480
Feb 20051,27463845.226.31$61,637
Jan 20051,8043,37743.166.32$99,211
Dec 20042,0491,12939.866.75$89,295
Nov 20042,3802,17245.286.33$121,516
Oct 20042,2793,23449.706.52$134,336
Sep 20042,7943,54343.245.28$139,533
Aug 20042,7523,30442.375.55$134,942
Jul 20042,9353,60838.286.08$134,304
Jun 20042,6342,19736.106.43$109,221
May 20043,0612,04637.486.49$128,014
Apr 20048,61413,66334.475.86$376,969

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 2009 — as filed, then multipliedworked
Oil                   88 bbl  × $ 32.81 =     $2,887
Casinghead gas         0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                   $2,887

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/O/24589 is the state's own key, not one this site invented.