MARTINEZ, L.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the J J & J (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114070District 04Field 45044400NGPA filingCondensateGasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1984-06-14
as the register files it
Field class
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 40 acres. The field rule took effect on 1985-02-04.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 3-1-85

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
CondensateDisposition1,342 bbl$50,493
GasProduction1,569,732 Mcf$3,045,552
Total$3,096,045

645,557 Mcf of this lease's gas, across 36 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 27.1490, -99.2062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.14905, -99.20624 · 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
12,400 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 12,400 ft.

Completions filed
Jan 1994
1 of 1 wells

1 well

42-50531899212,400 ftJan 1994

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 20260343106.413.05$1,045
Apr 202608198.932.87$232
Mar 2026724789.753.15$1,406
Feb 2026020563.503.75$769
Jan 202609759.138.00$776
Dec 2025012556.664.41$552
Nov 2025534458.593.93$1,644
Oct 2025019859.383.30$654
Sep 2025075762.743.08$2,329
Aug 202501,12663.933.01$3,395
Jul 202501,23166.743.32$4,081
Jun 202501,50566.483.13$4,709
May 202541,24560.553.23$4,266
Apr 2025021362.363.54$755
Mar 20251067.704.27$68
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202306389.042.74$172
Aug 202309680.522.67$257
Jul 2023015574.852.64$409
Jun 2023430368.962.26$960
May 2023895170.622.23$2,683
Apr 2023052678.122.24$1,177
Mar 2023031072.852.39$742
Feb 2023635275.112.47$1,319
Jan 2023057076.533.39$1,931
Dec 202201,01076.415.73$5,786
Nov 2022617685.005.65$1,504
Oct 2022034387.185.86$2,011
Sep 2022035484.888.16$2,890
Aug 2022037294.529.13$3,395
Jul 20220379101.587.54$2,858
Jun 202210904115.097.98$8,362
May 20225537109.378.43$5,075
Apr 20220115104.226.84$786
Mar 20220101108.885.08$513
Feb 202209091.054.86$437
Jan 202277081.844.54$891
Dec 2021051971.323.90$2,024
Nov 2021059077.435.24$3,090
Oct 2021865079.795.71$4,352
Sep 2021026169.865.35$1,397
Aug 2021068066.024.22$2,870
Jul 20219070.783.98$637
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021099661.302.72$2,706
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202003544.642.68$94
Nov 20200038.772.71$0
Oct 2020011236.972.48$278
Sep 20200037.091.99$0
Aug 2020020739.982.39$494
Jul 2020437638.371.83$840
Jun 2020028634.901.69$483
May 2020061816.921.81$1,122
Apr 2020101,21614.751.80$2,342
Mar 2020026930.341.86$499
Feb 20201676149.881.98$2,305
Jan 2020051957.252.09$1,087
Dec 2019076459.012.30$1,761
Nov 2019643655.302.75$1,531
Oct 2019091053.472.42$2,201
Sep 2019099155.052.66$2,633
Aug 201901,00453.112.30$2,314
Jul 2019096156.272.46$2,364
Jun 201901,33652.782.49$3,328
May 2019182,14458.482.74$6,928
Apr 2019131,41962.632.75$4,717
Mar 201901,54756.803.06$4,737
Feb 201901,98350.852.79$5,537
Jan 2019102,06946.033.23$7,139
Dec 2018068946.594.19$2,884
Nov 2018047952.934.24$2,030
Oct 2018023861.443.40$809
Sep 2018334759.543.11$1,257
Aug 2018058259.403.07$1,785
Jul 2018049765.142.93$1,457
Jun 2018053860.183.08$1,655
May 20182260165.382.90$3,182
Apr 2018061263.842.90$1,775
Mar 2018036161.222.79$1,006
Feb 20182068461.782.77$3,128
Jan 2018023062.874.01$922
Dec 2017012157.272.92$354
Nov 2017011555.423.12$359
Oct 2017014949.292.98$445
Sep 2017313447.523.09$556
Aug 2017013745.373.00$412
Jul 2017517943.873.09$772
Jun 2017018742.493.09$577
May 201709945.373.26$323
Apr 2017114347.933.21$507
Mar 2017016446.772.98$489
Feb 2017115450.452.95$505
Jan 2017016449.413.42$561
Dec 201601,71148.763.72$6,370
Nov 201681,02742.492.64$3,056
Oct 201601,20646.193.09$3,727
Sep 2016093241.553.10$2,890
Aug 2016076641.442.92$2,240
Jul 201671,05041.622.92$3,362
Jun 201601,28645.352.69$3,454
May 201603,10842.521.99$6,188
Apr 2016223,83136.561.99$8,432
Mar 201605,20233.011.79$9,332
Feb 201604,32426.472.06$8,923
Jan 2016264,72527.352.36$11,883
Dec 201505,01432.362.00$10,035
Nov 201505,22538.792.17$11,324
Oct 2015335,42943.552.43$14,611
Sep 201504,72342.992.76$13,028
Aug 201505,06440.162.87$14,546
Jul 201504,82448.152.95$14,207
Jun 201504,90756.152.88$14,146
May 2015203,43855.212.96$11,265
Apr 2015026849.822.71$725
Mar 2015115142.892.93$486
Feb 2015225044.662.98$833
Jan 2015597443.433.10$3,237
Dec 201404,88054.693.59$17,526
Nov 201405,53470.464.25$23,530
Oct 2014276,66578.303.90$28,114
Sep 201405,97786.164.05$24,180
Aug 201405,17089.394.04$20,862
Jul 201405,53896.564.18$23,147
Jun 20141234,71998.164.74$34,427
May 201404,82494.734.73$22,801
Apr 2014036395.944.81$1,746
Mar 2014050395.895.06$2,544
Feb 2014042597.406.19$2,632
Jan 2014036290.404.86$1,760
Dec 2013042991.824.35$1,868
Nov 2013032788.853.74$1,222
Oct 2013021497.423.78$809
Sep 20130324104.113.72$1,205
Aug 20130596104.253.52$2,099
Jul 201302,690102.523.72$10,001
Jun 201305,14694.403.93$20,241
May 201306,64394.834.15$27,562
Apr 201307,82893.964.28$33,524
Mar 201304,12593.623.91$16,141
Feb 2013032991.233.42$1,125
Jan 2013031091.603.42$1,060
Dec 2012018286.773.42$622
Nov 2012014186.953.62$511
Oct 201208089.383.40$272
Sep 2012024194.672.92$703
Aug 201204,76692.662.91$13,860
Jul 201217,41385.133.02$22,478
Jun 201202,30479.822.52$5,804
May 2012348991.612.49$1,492
Apr 201214445101.652.00$2,312
Mar 2012102,719105.052.22$7,092
Feb 201267,368101.102.57$19,544
Jan 201222,94998.092.73$8,259
Dec 2011149696.873.24$1,704
Nov 2011132595.723.31$1,172
Oct 2011034284.983.65$1,248
Sep 2011020683.623.99$821
Aug 2011027783.404.15$1,149
Jul 2011033394.144.52$1,504
Jun 2011227992.904.64$1,480
May 2011135298.134.40$1,649
Apr 20111346105.964.33$1,605
Mar 2011121196.364.06$952
Feb 2011031485.644.18$1,313
Jan 2011124986.504.59$1,229
Dec 2010020285.734.35$878
Nov 2010026080.843.80$987
Oct 2010130278.103.51$1,138
Sep 2010026872.633.98$1,067
Aug 2010027173.684.42$1,198
Jul 2010031872.554.74$1,506
Jun 2010032070.364.91$1,571
May 2010043771.124.24$1,851
Apr 2010019081.694.12$783
Mar 2010026978.394.39$1,181
Feb 2010029173.585.44$1,584
Jan 2010025574.365.96$1,521
Dec 2009024471.445.48$1,338
Nov 2009032874.593.75$1,230
Oct 2009039572.544.11$1,624
Sep 2009041065.543.06$1,257
Aug 2009020567.423.22$660
Jul 2009012861.133.46$443
Jun 2009034966.163.90$1,359
May 2009028054.743.93$1,099
Apr 200901,00446.773.59$3,602
Mar 2009079642.144.06$3,231
Feb 2009047732.814.63$2,210
Jan 2009044335.865.37$2,379
Dec 2008020737.105.98$1,237
Nov 2008025655.496.86$1,756
Oct 2008031675.246.92$2,187
Sep 20080439101.767.88$3,458
Aug 20080340114.228.48$2,884
Jul 20080636131.0811.39$7,244
Jun 20080481131.3313.03$6,269
May 20080218123.1711.57$2,523
Apr 20080163110.3110.45$1,704
Mar 20080139101.909.66$1,343
Feb 2008016192.538.77$1,412
Jan 2008012190.388.21$993
Dec 2007019688.337.30$1,431
Nov 2007011291.677.29$817
Oct 2007010482.856.92$720
Sep 200707675.846.24$475
Aug 2007029269.066.39$1,865
Jul 2007016070.906.39$1,022
Jun 200706262.007.55$468
May 200707158.747.85$557
Apr 200702359.617.81$180
Mar 200701,14356.927.30$8,346
Feb 200701355.108.22$107
Jan 200701,08650.306.73$7,305
Dec 2006042456.656.92$2,933
Nov 2006025754.207.62$1,958
Oct 2006013154.906.01$788
Sep 2006014460.085.04$725
Aug 2006026568.717.34$1,945
Jul 2006031369.376.34$1,985
Jun 2006055666.286.38$3,549
May 2006057266.016.42$3,675
Apr 2006026564.397.36$1,951
Mar 2006038656.707.08$2,734
Feb 2006037957.597.75$2,938
Jan 2006023260.598.93$2,073
Dec 2005030054.9413.42$4,025
Nov 2005020254.6910.59$2,139
Oct 2005013858.3413.80$1,904
Sep 2005013961.4512.08$1,679
Aug 2005014961.519.80$1,460
Jul 2005010255.697.84$800
Jun 2005011252.337.38$827
May 2005011745.226.65$778
Apr 2005012649.207.36$927
Mar 200506650.377.15$472
Feb 200509645.226.31$606
Jan 200505043.166.32$316
Dec 200404739.866.75$317
Nov 200404345.286.33$272
Oct 200404849.706.52$313
Sep 200404243.245.28$222
Aug 200404942.375.55$272
Jul 2004027538.286.08$1,673
Jun 2004070436.106.43$4,529
May 2004071337.486.49$4,631
Apr 2004031634.475.86$1,851
Mar 2004028934.365.53$1,598
Feb 2004022632.455.51$1,245
Jan 200401,58632.036.30$9,991
Dec 2003037530.266.30$2,363
Nov 2003073328.804.60$3,368
Oct 2003075628.174.76$3,598
Sep 2003088726.314.75$4,213
Aug 2003085029.765.13$4,360
Jul 2003050229.415.17$2,596
Jun 2003068528.565.98$4,098
May 2003073826.595.97$4,408
Apr 2003085426.675.41$4,618
Mar 2003043531.146.10$2,652
Feb 2003043933.487.93$3,479
Jan 2003037730.315.58$2,104
Dec 2002079326.914.85$3,849
Nov 200201,87624.664.14$7,761
Oct 200208,80826.464.23$37,250
Sep 200208,92027.443.64$32,426
Aug 200208,66225.963.16$27,408
Jul 200208,78424.583.06$26,895
Jun 200208,14323.733.34$27,183
May 200208,51524.663.58$30,518
Apr 200208,19323.653.51$28,776
Mar 200208,46622.003.10$26,268
Feb 200207,79518.222.38$18,518
Jan 200208,22417.172.38$19,538
Dec 200107,33916.932.36$17,352
Nov 200108,09618.072.41$19,475
Oct 200108,78619.782.53$22,219
Sep 200108,52624.262.25$19,195
Aug 200109,09924.873.05$27,781
Jul 2001011,58623.933.20$37,041
Jun 2001011,12824.563.82$42,555
May 2001011,43825.524.31$49,267
Apr 2001011,16524.685.34$59,569
Mar 2001010,87524.545.38$58,469
Feb 200109,63227.755.77$55,549
Jan 200109,90227.478.40$83,165
Dec 200009,64826.889.12$88,014
Nov 200009,63332.215.66$54,504
Oct 200009,03731.235.15$46,500
Sep 2000010,50131.875.19$54,463
Aug 2000011,59829.644.54$52,664
Jul 2000012,60928.534.09$51,568
Jun 2000012,64829.304.40$55,616
May 200005,29727.263.68$19,492
Apr 200008,27324.513.12$25,779
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000825.272.48$20
Dec 1999013824.282.42$334
Nov 199908,17923.192.43$19,908
Oct 1999011,45820.982.80$32,125
Sep 199908,54921.752.62$22,389
Aug 1999012,50419.262.88$35,957
Jul 1999010,79917.892.37$25,619
Jun 1999010,94115.942.36$25,844
May 1999010,75915.792.32$24,972
Apr 1999010,36515.102.21$22,886
Mar 1999010,39112.471.84$19,102
Feb 1999010,4589.981.82$19,010
Jan 1999011,17210.381.90$21,226
Dec 1998012,4949.201.77$22,156
Nov 1998015,01710.892.19$32,823
Oct 1998017,33212.421.97$34,130
Sep 199806,87212.592.08$14,312
Aug 19980011.301.91$0
Jul 1998095411.742.24$2,134
Jun 199808,57111.242.24$19,176
May 199809,28112.622.21$20,477
Apr 1998010,55713.042.51$26,449
Mar 1998010,22612.802.31$23,616
Feb 199808,90913.952.30$20,483
Jan 1998010,86514.702.15$23,412
Dec 1997015,16216.322.41$36,557
Nov 1997011,31718.193.09$34,950
Oct 199709,48719.253.15$29,882
Sep 1997011,94017.742.95$35,281
Aug 1997011,90417.862.55$30,412
Jul 1997011,48917.582.25$25,815
Jun 1997012,49617.242.26$28,206
May 1997012,71618.972.31$29,355
Apr 1997012,96817.882.08$27,009
Mar 1997013,06118.951.94$25,327
Feb 1997011,74720.492.21$25,913
Jan 1997013,40723.483.54$47,457
Dec 1996013,30623.32$0
Nov 1996014,48921.97$0
Oct 1996015,46423.31$0
Sep 1996014,09622.22$0
Aug 1996014,45120.26$0
Jul 1996014,16419.55$0
Jun 1996012,96318.73$0
May 1996014,68519.43$0
Apr 1996013,83021.51$0
Mar 1996011,91919.38$0
Feb 1996014,76816.98$0
Jan 1996014,39717.07$0
Dec 1995113,18617.19$17
Nov 1995216,03716.00$32
Oct 1995216,94215.43$31
Sep 1995116,05616.18$16
Aug 1995216,70715.92$32
Jul 1995217,82015.24$30
Jun 199510216,39416.41$1,674
May 19958815,52917.56$1,545
Apr 199516816,25217.73$2,979
Mar 199513818,47216.44$2,269
Feb 199512116,73416.58$2,006
Jan 19953818,82915.92$605
Dec 1994420,60715.03$60
Nov 1994821,00415.90$127
Oct 1994322,08115.58$47
Sep 1994421,37115.29$61
Aug 1994220,99416.13$32
Jul 1994022,47417.56$0
Jun 1994024,43017.09$0
May 1994025,22115.88$0
Apr 1994025,50714.14$0
Mar 1994027,08012.46$0
Feb 19944527,12212.50$563
Jan 19948020,17612.66$1,013
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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                  343 Mcf  × $  3.05 =     $1,045

────────────────────────────────────────────────────
Month total                                   $1,045

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/114070 is the state's own key, not one this site invented.