MARTIN, J. C.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the J.C. MARTIN, SOUTH (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 106487District 04Field 44958500NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
401
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
1983-02-23
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 Commission's schedule remark for this field reads: ADMIN. APPROVAL OF SUSPENSION OF ALLOC. FORMULA EFFECTIVE 7-1-92

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
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
CondensateDisposition5 bbl$220
GasProduction593,842 Mcf$1,916,658
Total$1,916,878

145,778 Mcf of this lease's gas, across 48 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 27.1076, -99.3615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10763, -99.36152 · 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
10,120 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 10,120 ft.

Completions filed
Jun 1983
1 of 1 wells

1 well

42-505316141010,120 ftJun 1983

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 (401)

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

401 months

May 20260715106.413.05$2,178
Apr 2026061098.932.87$1,751
Mar 2026071289.753.15$2,242
Feb 2026049763.503.75$1,864
Jan 2026059459.138.00$4,751
Dec 2025065956.664.41$2,908
Nov 2025160158.593.93$2,418
Oct 2025084359.383.30$2,786
Sep 2025074762.743.08$2,298
Aug 2025065263.933.01$1,966
Jul 2025048566.743.32$1,608
Jun 2025057366.483.13$1,793
May 202501,12860.553.23$3,646
Apr 202501,10362.363.54$3,908
Mar 202501,22367.704.27$5,220
Feb 202511,23270.884.34$5,419
Jan 2025097074.324.28$4,150
Dec 202401,41568.993.12$4,417
Nov 202401,76269.052.20$3,874
Oct 202402,45471.372.28$5,599
Sep 202401,48469.612.36$3,509
Aug 2024087175.632.06$1,797
Jul 2024066679.932.15$1,430
Jun 2024065578.082.63$1,725
May 2024067078.812.20$1,473
Apr 2024065184.451.66$1,080
Mar 2024066480.301.55$1,026
Feb 2024061876.091.78$1,102
Jan 2024065473.023.30$2,157
Dec 2023066471.262.61$1,734
Nov 2023064277.892.81$1,802
Oct 2023066585.443.09$2,053
Sep 2023063489.042.74$1,734
Aug 2023065480.522.67$1,748
Jul 2023064174.852.64$1,693
Jun 2023062368.962.26$1,407
May 2023063970.622.23$1,423
Apr 2023065478.122.24$1,464
Mar 2023070372.852.39$1,682
Feb 2023061175.112.47$1,507
Jan 2023066776.533.39$2,260
Dec 2022067976.415.73$3,890
Nov 2022068385.005.65$3,856
Oct 2022065687.185.86$3,847
Sep 2022069584.888.16$5,674
Aug 2022092594.529.13$8,443
Jul 20220925101.587.54$6,976
Jun 20220839115.097.98$6,693
May 20220609109.378.43$5,136
Apr 20220661104.226.84$4,520
Mar 20220726108.885.08$3,685
Feb 2022068691.054.86$3,333
Jan 202201,02381.844.54$4,642
Dec 202101,09771.323.90$4,277
Nov 202101,02677.435.24$5,373
Oct 2021095279.795.71$5,440
Sep 2021081569.865.35$4,361
Aug 2021084966.024.22$3,583
Jul 2021088070.783.98$3,504
Jun 2021086169.493.38$2,911
May 202101,19663.483.02$3,609
Apr 202101,09860.362.76$3,029
Mar 202101,12261.302.72$3,048
Feb 2021087357.805.55$4,843
Jan 202101,31750.412.81$3,701
Dec 202001,61944.642.68$4,332
Nov 2020070338.772.71$1,903
Oct 2020080936.972.48$2,005
Sep 2020081637.091.99$1,625
Aug 2020088139.982.39$2,101
Jul 202001,02938.371.83$1,878
Jun 2020087034.901.69$1,471
May 202001,03016.921.81$1,869
Apr 202001,26414.751.80$2,281
Mar 2020076630.341.86$1,422
Feb 2020080149.881.98$1,587
Jan 202001,10357.252.09$2,311
Dec 2019089159.012.30$2,053
Nov 2019091555.302.75$2,517
Oct 201901,19053.472.42$2,878
Sep 201911,16255.052.66$3,143
Aug 201901,29253.112.30$2,977
Jul 201901,00056.272.46$2,460
Jun 2019085052.782.49$2,118
May 2019096958.482.74$2,655
Apr 201901,10762.632.75$3,045
Mar 2019093656.803.06$2,866
Feb 201901,09950.852.79$3,069
Jan 201901,06746.033.23$3,444
Dec 201801,09246.594.19$4,571
Nov 201801,01952.934.24$4,318
Oct 2018096061.443.40$3,262
Sep 201801,04159.543.11$3,235
Aug 2018090159.403.07$2,763
Jul 2018090265.142.93$2,645
Jun 2018090160.183.08$2,772
May 201801,05065.382.90$3,046
Apr 201801,04063.842.90$3,017
Mar 201801,09861.222.79$3,060
Feb 201801,00561.782.77$2,780
Jan 201801,13062.874.01$4,531
Dec 201701,05257.272.92$3,073
Nov 201701,07555.423.12$3,352
Oct 201701,11649.292.98$3,330
Sep 201701,02747.523.09$3,171
Aug 2017097445.373.00$2,926
Jul 201701,03043.873.09$3,180
Jun 2017079142.493.09$2,442
May 2017075445.373.26$2,461
Apr 2017088547.933.21$2,842
Mar 2017092546.772.98$2,760
Feb 2017087950.452.95$2,595
Jan 201701,09549.413.42$3,744
Dec 201601,22448.763.72$4,557
Nov 201601,04842.492.64$2,771
Oct 201601,20646.193.09$3,727
Sep 201601,30441.553.10$4,043
Aug 201601,32241.442.92$3,866
Jul 201601,25341.622.92$3,664
Jun 201601,35045.352.69$3,626
May 201601,03442.521.99$2,059
Apr 201601,42236.561.99$2,831
Mar 201601,67233.011.79$3,000
Feb 201602,70226.472.06$5,576
Jan 2016087227.352.36$2,062
Dec 2015081132.362.00$1,623
Nov 2015043138.792.17$934
Oct 2015042243.552.43$1,024
Sep 2015060542.992.76$1,669
Aug 201501,06140.162.87$3,048
Jul 201501,26448.152.95$3,723
Jun 201501,16456.152.88$3,356
May 201501,32855.212.96$3,925
Apr 201501,11649.822.71$3,021
Mar 2015087742.892.93$2,574
Feb 201501,16044.662.98$3,452
Jan 201501,48643.433.10$4,608
Dec 201401,38354.693.59$4,967
Nov 2014084370.464.25$3,584
Oct 2014085878.303.90$3,347
Sep 2014082186.164.05$3,321
Aug 2014089289.394.04$3,599
Jul 201401,15196.564.18$4,811
Jun 2014084798.164.74$4,012
May 2014076594.734.73$3,616
Apr 201401,16195.944.81$5,583
Mar 201401,30395.895.06$6,589
Feb 201401,30097.406.19$8,050
Jan 201401,59590.404.86$7,753
Dec 201301,21091.824.35$5,269
Nov 201301,16088.853.74$4,336
Oct 201301,19597.423.78$4,516
Sep 201301,132104.113.72$4,208
Aug 201301,541104.253.52$5,428
Jul 20130494102.523.72$1,837
Jun 2013051294.403.93$2,014
May 201301,29794.834.15$5,381
Apr 201301,36893.964.28$5,859
Mar 201301,57093.623.91$6,143
Feb 201301,41091.233.42$4,822
Jan 201301,58791.603.42$5,427
Dec 201201,78786.773.42$6,112
Nov 201201,81786.953.62$6,587
Oct 201201,82789.383.40$6,211
Sep 201201,34194.672.92$3,914
Aug 201201,57592.662.91$4,580
Jul 201201,54885.133.02$4,676
Jun 201201,67379.822.52$4,214
May 201201,33491.612.49$3,319
Apr 201201,535101.652.00$3,065
Mar 20120886105.052.22$1,969
Feb 201201,039101.102.57$2,670
Jan 201201,71898.092.73$4,697
Dec 201101,90996.873.24$6,185
Nov 201101,85995.723.31$6,156
Oct 201102,00884.983.65$7,326
Sep 201102,11283.623.99$8,418
Aug 201101,65183.404.15$6,851
Jul 201101,93694.144.52$8,745
Jun 201102,02492.904.64$9,391
May 201102,76498.134.40$12,175
Apr 201101,465105.964.33$6,348
Mar 201101,95296.364.06$7,920
Feb 201102,14985.644.18$8,983
Jan 201103,69686.504.59$16,960
Dec 201002,26585.734.35$9,848
Nov 201001,01580.843.80$3,852
Oct 2010023278.103.51$814
Sep 2010055672.633.98$2,213
Aug 2010019473.684.42$857
Jul 2010045772.554.74$2,165
Jun 2010075070.364.91$3,683
May 2010054071.124.24$2,287
Apr 201001,00881.694.12$4,156
Mar 201001,43478.394.39$6,293
Feb 201001,08773.585.44$5,916
Jan 2010098774.365.96$5,887
Dec 200902,04271.445.48$11,198
Nov 200901,55074.593.75$5,815
Oct 200901,67572.544.11$6,885
Sep 200901,77965.543.06$5,452
Aug 200901,82967.423.22$5,887
Jul 200902,23261.133.46$7,733
Jun 200901,84966.163.90$7,202
May 200901,69554.743.93$6,654
Apr 200902,30246.773.59$8,258
Mar 200901,69842.144.06$6,892
Feb 2009097332.814.63$4,508
Jan 200901,29435.865.37$6,950
Dec 200801,66037.105.98$9,922
Nov 200802,28155.496.86$15,648
Oct 200802,71575.246.92$18,793
Sep 200802,130101.767.88$16,778
Aug 200803,892114.228.48$33,016
Jul 200803,225131.0811.39$36,731
Jun 200801,296131.3313.03$16,890
May 200801,297123.1711.57$15,012
Apr 200801,938110.3110.45$20,262
Mar 200801,541101.909.66$14,892
Feb 2008084492.538.77$7,402
Jan 200801,04090.388.21$8,534
Dec 200701,38588.337.30$10,113
Nov 2007081191.677.29$5,914
Oct 200701,08082.856.92$7,476
Sep 2007071775.846.24$4,477
Aug 2007099369.066.39$6,343
Jul 200701,00770.906.39$6,433
Jun 200701,23062.007.55$9,285
May 200701,11058.747.85$8,709
Apr 200701,53259.617.81$11,958
Mar 200701,92856.927.30$14,078
Feb 200701,08455.108.22$8,906
Jan 200701,70850.306.73$11,489
Dec 200601,47956.656.92$10,232
Nov 200601,02754.207.62$7,823
Oct 200601,61154.906.01$9,688
Sep 200601,77460.085.04$8,936
Aug 200601,12668.717.34$8,265
Jul 200601,26669.376.34$8,030
Jun 200602,32066.286.38$14,811
May 200602,27766.016.42$14,630
Apr 200604,16864.397.36$30,678
Mar 200602,93556.707.08$20,788
Feb 2006071057.597.75$5,503
Jan 2006079960.598.93$7,138
Dec 2005066954.9413.42$8,975
Nov 2005063854.6910.59$6,755
Oct 200501,03758.3413.80$14,306
Sep 200501,29161.4512.08$15,594
Aug 2005070161.519.80$6,868
Jul 200501,16455.697.84$9,130
Jun 200501,13952.337.38$8,407
May 200501,12045.226.65$7,449
Apr 200501,19949.207.36$8,825
Mar 200501,12650.377.15$8,056
Feb 200501,01045.226.31$6,375
Jan 200501,13743.166.32$7,188
Dec 200401,20039.866.75$8,101
Nov 200401,14145.286.33$7,223
Oct 200401,20049.706.52$7,818
Sep 200401,14743.245.28$6,061
Aug 200401,18342.375.55$6,566
Jul 200401,12138.286.08$6,820
Jun 200401,12736.106.43$7,250
May 200401,14937.486.49$7,462
Apr 200401,14634.475.86$6,714
Mar 200401,26534.365.53$6,996
Feb 200401,24432.455.51$6,854
Jan 200401,78132.036.30$11,220
Dec 200301,38430.266.30$8,721
Nov 200301,28528.804.60$5,905
Oct 200301,36128.174.76$6,478
Sep 200301,29926.314.75$6,169
Aug 200301,33729.765.13$6,858
Jul 200301,34029.415.17$6,929
Jun 200301,35228.565.98$8,089
May 200301,60926.595.97$9,610
Apr 2003086626.675.41$4,683
Mar 200301,46931.146.10$8,955
Feb 200301,14333.487.93$9,059
Jan 200301,52630.315.58$8,518
Dec 200201,80826.914.85$8,776
Nov 200201,21724.664.14$5,035
Oct 200201,47326.464.23$6,229
Sep 200201,62027.443.64$5,889
Aug 200201,37725.963.16$4,357
Jul 200201,39524.583.06$4,271
Jun 200201,36723.733.34$4,563
May 200201,38024.663.58$4,946
Apr 200201,34423.653.51$4,721
Mar 200201,43322.003.10$4,446
Feb 200201,23218.222.38$2,927
Jan 200201,26317.172.38$3,000
Dec 200101,55916.932.36$3,686
Nov 200101,32618.072.41$3,190
Oct 200101,34819.782.53$3,409
Sep 200101,26224.262.25$2,841
Aug 200101,45924.873.05$4,455
Jul 200101,45423.933.20$4,649
Jun 200101,11324.563.82$4,256
May 200101,45925.524.31$6,284
Apr 200101,33224.685.34$7,107
Mar 200101,32624.545.38$7,129
Feb 200101,27627.755.77$7,359
Jan 200101,44327.478.40$12,119
Dec 200001,38926.889.12$12,671
Nov 200001,29532.215.66$7,327
Oct 200001,39031.235.15$7,152
Sep 200001,40431.875.19$7,282
Aug 20000029.644.54$0
Jul 200001,45528.534.09$5,951
Jun 200001,59629.304.40$7,018
May 200001,51527.263.68$5,575
Apr 200001,55724.513.12$4,852
Mar 200001,60628.422.86$4,593
Feb 200001,39127.622.73$3,793
Jan 200001,42025.272.48$3,522
Dec 1999087424.282.42$2,118
Nov 1999089723.192.43$2,183
Oct 199901,50220.982.80$4,211
Sep 199901,45221.752.62$3,803
Aug 199901,52719.262.88$4,391
Jul 199901,45217.892.37$3,445
Jun 199901,56115.942.36$3,687
May 199901,59715.792.32$3,707
Apr 199901,43115.102.21$3,160
Mar 199901,43912.471.84$2,645
Feb 199901,1579.981.82$2,103
Jan 199901,54610.381.90$2,937
Dec 199801,5309.201.77$2,713
Nov 199801,54610.892.19$3,379
Oct 199801,49012.421.97$2,934
Sep 199801,46012.592.08$3,041
Aug 199801,43911.301.91$2,745
Jul 199801,26011.742.24$2,819
Jun 199801,36311.242.24$3,049
May 199801,37412.622.21$3,032
Apr 199801,41813.042.51$3,553
Mar 199801,82712.802.31$4,219
Feb 199802,53513.952.30$5,828
Jan 199802,57814.702.15$5,555
Dec 199702,49016.322.41$6,004
Nov 199701,67718.193.09$5,179
Oct 199701,87119.253.15$5,893
Sep 199701,17017.742.95$3,457
Aug 199701,81317.862.55$4,632
Jul 199701,91517.582.25$4,303
Jun 199702,35417.242.26$5,313
May 199702,51018.972.31$5,794
Apr 199712,48717.882.08$5,198
Mar 199702,79318.951.94$5,416
Feb 199702,21320.492.21$4,882
Jan 199703,00423.483.54$10,633
Dec 199603,09223.32$0
Nov 199602,92521.97$0
Oct 199603,27623.31$0
Sep 199602,02822.22$0
Aug 199602,26120.26$0
Jul 199602,11119.55$0
Jun 199602,94618.73$0
May 199602,31619.43$0
Apr 199602,78321.51$0
Mar 199603,12019.38$0
Feb 199603,32116.98$0
Jan 199603,30117.07$0
Dec 199503,50617.19$0
Nov 199502,66216.00$0
Oct 199502,69715.43$0
Sep 199503,07916.18$0
Aug 199503,43715.92$0
Jul 199503,14815.24$0
Jun 199503,20316.41$0
May 199504,46817.56$0
Apr 199515,29617.73$18
Mar 199504,14516.44$0
Feb 199506,30616.58$0
Jan 199505,55315.92$0
Dec 199402,17015.03$0
Nov 199402,19915.90$0
Oct 199402,18615.58$0
Sep 199402,22815.29$0
Aug 199402,26816.13$0
Jul 199402,22617.56$0
Jun 199402,17917.09$0
May 199402,27515.88$0
Apr 199402,26114.14$0
Mar 199402,29212.46$0
Feb 199402,02612.50$0
Jan 199402,28712.66$0
Dec 199302,37412.33$0
Nov 199302,24514.49$0
Oct 199302,32115.85$0
Sep 199302,75115.03$0
Aug 199303,34415.66$0
Jul 199302,75515.46$0
Jun 199303,79816.79$0
May 199303,71717.68$0
Apr 199302,97118.05$0
Mar 199303,61518.14$0
Feb 199303,94117.90$0
Jan 199304,36916.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  715 Mcf  × $  3.05 =     $2,178

────────────────────────────────────────────────────
Month total                                   $2,178

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. 04/G/106487 is the state's own key, not one this site invented.