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 116773District 04Field 45044400NGPA filingCondensateGasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$59 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
NGPA2none

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
CondensateDisposition776 bbl$48,547
GasProduction1,100,901 Mcf$3,438,265
Total$3,486,813

311,593 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 27.1534, -99.2140. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.15342, -99.21397 · 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
12,300 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 12,300 ft.

Completions filed
Jan 1989
1 of 1 wells

1 well

42-50531953312,300 ftJan 1989

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 20260956106.413.05$2,912
Apr 2026064498.932.87$1,848
Mar 2026231,12889.753.15$5,617
Feb 2026089363.503.75$3,349
Jan 202601,01659.138.00$8,126
Dec 202501,15056.664.41$5,075
Nov 202591,81558.593.93$7,654
Oct 202501,42059.383.30$4,693
Sep 202501,54362.743.08$4,748
Aug 202501,42463.933.01$4,293
Jul 202501,73766.743.32$5,759
Jun 202501,58266.483.13$4,950
May 2025261060.553.23$2,093
Apr 2025011962.363.54$422
Mar 20251067.704.27$68
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20241068.993.12$69
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 2023017389.042.74$473
Aug 2023027580.522.67$735
Jul 2023040074.852.64$1,057
Jun 2023649268.962.26$1,525
May 20231049270.622.23$1,802
Apr 2023052378.122.24$1,170
Mar 2023056472.852.39$1,350
Feb 20231358675.112.47$2,421
Jan 202301,00776.533.39$3,411
Dec 20220076.415.73$0
Nov 20221666185.005.65$5,092
Oct 2022039187.185.86$2,293
Sep 2022060284.888.16$4,915
Aug 2022065894.529.13$6,006
Jul 20220661101.587.54$4,985
Jun 2022301,978115.097.98$19,232
May 202227822109.378.43$9,885
Apr 202201,250104.226.84$8,547
Mar 202202,156108.885.08$10,945
Feb 202202,40191.054.86$11,666
Jan 2022271,32981.844.54$8,240
Dec 202102,45771.323.90$9,580
Nov 202102,08877.435.24$10,935
Oct 2021141,05379.795.71$7,134
Sep 2021013969.865.35$744
Aug 202101,78966.024.22$7,551
Jul 2021141,15570.783.98$5,590
Jun 202102,08669.493.38$7,052
May 202102,38463.483.02$7,194
Apr 2021252,22460.362.76$7,644
Mar 202109761.302.72$264
Feb 2021131,24057.805.55$7,631
Jan 202103,27250.412.81$9,195
Dec 20201077044.642.68$2,507
Nov 202001,25738.772.71$3,402
Oct 2020046336.972.48$1,148
Sep 20200037.091.99$0
Aug 2020038239.982.39$911
Jul 2020667638.371.83$1,464
Jun 2020063234.901.69$1,068
May 2020038116.921.81$691
Apr 2020121,53914.751.80$2,954
Mar 202001,35430.341.86$2,513
Feb 2020342,87749.881.98$7,394
Jan 202002,58857.252.09$5,421
Dec 201902,46559.012.30$5,680
Nov 2019143,48355.302.75$10,355
Oct 201902,34053.472.42$5,659
Sep 201902,01055.052.66$5,341
Aug 2019066353.112.30$1,528
Jul 201901,96056.272.46$4,822
Jun 2019093452.782.49$2,327
May 2019162,01558.482.74$6,457
Apr 2019101,22862.632.75$4,004
Mar 201901,96256.803.06$6,008
Feb 201901,27350.852.79$3,555
Jan 2019131,35546.033.23$4,973
Dec 201802,21846.594.19$9,283
Nov 201801,91052.934.24$8,093
Oct 201801,96561.443.40$6,677
Sep 2018232,95259.543.11$10,544
Aug 201801,86259.403.07$5,710
Jul 201803,47565.142.93$10,188
Jun 201802,84060.183.08$8,738
May 201881,50565.382.90$4,889
Apr 201801,21363.842.90$3,519
Mar 201801,17261.222.79$3,266
Feb 2018993061.782.77$3,129
Jan 201801,62562.874.01$6,515
Dec 201701,43957.272.92$4,204
Nov 201701,31055.423.12$4,085
Oct 201701,56449.292.98$4,666
Sep 2017101,27447.523.09$4,408
Aug 201701,37045.373.00$4,116
Jul 201791,71243.873.09$5,680
Jun 201702,04742.493.09$6,320
May 201702,02245.373.26$6,599
Apr 2017112,09647.933.21$7,259
Mar 201702,09046.772.98$6,236
Feb 2017151,89950.452.95$6,364
Jan 201702,13349.413.42$7,292
Dec 201602,07648.763.72$7,729
Nov 2016224,04442.492.64$11,629
Oct 201603,71846.193.09$11,490
Sep 201603,67041.553.10$11,379
Aug 201604,31341.442.92$12,613
Jul 2016183,57941.622.92$11,215
Jun 201602,67245.352.69$7,177
May 201602,18942.521.99$4,358
Apr 2016132,16136.561.99$4,778
Mar 201602,65633.011.79$4,765
Feb 201602,40626.472.06$4,965
Jan 2016122,23527.352.36$5,613
Dec 201502,38932.362.00$4,781
Nov 201502,19538.792.17$4,757
Oct 2015111,83843.552.43$4,939
Sep 201501,61242.992.76$4,447
Aug 201501,95340.162.87$5,610
Jul 201502,38648.152.95$7,027
Jun 201501,50456.152.88$4,336
May 2015152,64755.212.96$8,651
Apr 201501,96049.822.71$5,305
Mar 2015142,42042.892.93$7,702
Feb 2015131,98444.662.98$6,485
Jan 2015132,56243.433.10$8,508
Dec 201402,57854.693.59$9,259
Nov 201402,37370.464.25$10,090
Oct 2014122,87278.303.90$12,143
Sep 201402,64486.164.05$10,696
Aug 201402,10189.394.04$8,478
Jul 201402,32896.564.18$9,730
Jun 2014622,36298.164.74$17,274
May 201402,33394.734.73$11,027
Apr 201402,39595.944.81$11,518
Mar 201402,55795.895.06$12,930
Feb 201402,08397.406.19$12,898
Jan 201402,65890.404.86$12,920
Dec 201302,55691.824.35$11,130
Nov 201302,41588.853.74$9,028
Oct 201302,75997.423.78$10,427
Sep 201302,388104.113.72$8,878
Aug 201303,191104.253.52$11,241
Jul 201302,823102.523.72$10,495
Jun 201302,70194.403.93$10,624
May 201302,97894.834.15$12,356
Apr 201302,92093.964.28$12,505
Mar 201303,07093.623.91$12,013
Feb 201303,09591.233.42$10,585
Jan 201303,24991.603.42$11,111
Dec 201204,45486.773.42$15,233
Nov 201203,06186.953.62$11,096
Oct 201204,43489.383.40$15,074
Sep 201201,96494.672.92$5,732
Aug 201201,03592.662.91$3,010
Jul 2012063685.133.02$1,921
Jun 2012076679.822.52$1,930
May 2012184691.612.49$2,197
Apr 20123922101.652.00$2,146
Mar 201211,342105.052.22$3,087
Feb 20121954101.102.57$2,553
Jan 2012453198.092.73$1,844
Dec 2011574596.873.24$2,898
Nov 201131,00595.723.31$3,615
Oct 201121,36984.983.65$5,165
Sep 201171,20983.623.99$5,404
Aug 201141,56483.404.15$6,823
Jul 201142,49994.144.52$11,665
Jun 2011102,04592.904.64$10,418
May 201161,69198.134.40$8,037
Apr 201131,607105.964.33$7,281
Mar 201122,66396.364.06$10,997
Feb 201102,70085.644.18$11,286
Jan 201103,73586.504.59$17,139
Dec 201002,01585.734.35$8,761
Nov 201003,25480.843.80$12,350
Oct 201003,52278.103.51$12,358
Sep 2010065372.633.98$2,599
Aug 201002,03673.684.42$8,998
Jul 201001,76472.554.74$8,355
Jun 201003,04570.364.91$14,952
May 2010083971.124.24$3,553
Apr 201002,32381.694.12$9,577
Mar 201002,04378.394.39$8,966
Feb 201001,63173.585.44$8,876
Jan 201002,73374.365.96$16,300
Dec 200901,73371.445.48$9,503
Nov 200903,98174.593.75$14,935
Oct 200903,79972.544.11$15,615
Sep 200901,77465.543.06$5,437
Aug 2009067367.423.22$2,166
Jul 2009089361.133.46$3,094
Jun 2009085066.163.90$3,311
May 2009091754.743.93$3,600
Apr 200901,48046.773.59$5,310
Mar 200902,18842.144.06$8,881
Feb 200901,62232.814.63$7,515
Jan 200902,93935.865.37$15,785
Dec 200812,09437.105.98$12,553
Nov 200804,05955.496.86$27,846
Oct 200804,35375.246.92$30,131
Sep 200803,924101.767.88$30,910
Aug 200803,123114.228.48$26,492
Jul 200801,254131.0811.39$14,282
Jun 200801,452131.3313.03$18,923
May 200802,275123.1711.57$26,332
Apr 200803,287110.3110.45$34,365
Mar 200803,996101.909.66$38,618
Feb 200801,97792.538.77$17,339
Jan 200802,05190.388.21$16,830
Dec 200701,54088.337.30$11,245
Nov 2007096791.677.29$7,051
Oct 200701,26982.856.92$8,784
Sep 200701,89175.846.24$11,808
Aug 200702,20769.066.39$14,098
Jul 200702,26670.906.39$14,475
Jun 200701,44062.007.55$10,870
May 200701,18558.747.85$9,298
Apr 200701,29159.617.81$10,077
Mar 200701,13256.927.30$8,266
Feb 200701,13655.108.22$9,333
Jan 200701,79950.306.73$12,102
Dec 200602,84956.656.92$19,711
Nov 200603,61954.207.62$27,568
Oct 200602,32054.906.01$13,952
Sep 200602,30360.085.04$11,601
Aug 200603,01168.717.34$22,101
Jul 200603,18069.376.34$20,170
Jun 200601,08666.286.38$6,933
May 200603,27666.016.42$21,048
Apr 200602,88664.397.36$21,242
Mar 200603,66856.707.08$25,980
Feb 200603,07557.597.75$23,835
Jan 200603,99760.598.93$35,706
Dec 200502,88054.9413.42$38,636
Nov 200502,87554.6910.59$30,442
Oct 200503,80058.3413.80$52,424
Sep 200503,51961.4512.08$42,506
Aug 200501,55361.519.80$15,214
Jul 200503,66955.697.84$28,778
Jun 200504,06552.337.38$30,004
May 200504,26945.226.65$28,394
Apr 200502,19449.207.36$16,149
Mar 200503,23950.377.15$23,175
Feb 200503,86945.226.31$24,421
Jan 200504,23043.166.32$26,743
Dec 200403,45239.866.75$23,305
Nov 200404,47445.286.33$28,322
Oct 200402,80649.706.52$18,281
Sep 200405,17843.245.28$27,360
Aug 200401,27242.375.55$7,060
Jul 200402,20938.286.08$13,440
Jun 200402,51136.106.43$16,153
May 200401,61037.486.49$10,456
Apr 200402,86934.475.86$16,808
Mar 200403,42134.365.53$18,919
Feb 200404,21432.455.51$23,218
Jan 200405,42832.036.30$34,194
Dec 200304,48030.266.30$28,231
Nov 200306,99328.804.60$32,134
Oct 200308,32928.174.76$39,643
Sep 200307,54726.314.75$35,843
Aug 200309,11129.765.13$46,737
Jul 2003010,31129.415.17$53,317
Jun 200304,23428.565.98$25,332
May 200303,43526.595.97$20,516
Apr 200302,89426.675.41$15,649
Mar 200302,90231.146.10$17,691
Feb 2003088933.487.93$7,046
Jan 2003088930.315.58$4,962
Dec 2002094326.914.85$4,577
Nov 200201,10224.664.14$4,559
Oct 200201,07526.464.23$4,546
Sep 2002098227.443.64$3,570
Aug 2002097125.963.16$3,072
Jul 200201,03224.583.06$3,160
Jun 2002094823.733.34$3,165
May 200201,01724.663.58$3,645
Apr 2002091523.653.51$3,214
Mar 2002099322.003.10$3,081
Feb 200201,00418.222.38$2,385
Jan 200201,02517.172.38$2,435
Dec 2001046716.932.36$1,104
Nov 200101,21618.072.41$2,925
Oct 2001097519.782.53$2,466
Sep 200101,04424.262.25$2,350
Aug 2001087824.873.05$2,681
Jul 200101,13023.933.20$3,613
Jun 2001096424.563.82$3,686
May 200101,20625.524.31$5,195
Apr 200101,00624.685.34$5,367
Mar 200101,53424.545.38$8,247
Feb 200101,08227.755.77$6,240
Jan 200101,64727.478.40$13,833
Dec 200001,72826.889.12$15,764
Nov 200001,75032.215.66$9,902
Oct 200002,33431.235.15$12,010
Sep 200001,39231.875.19$7,220
Aug 200001,56429.644.54$7,102
Jul 200002,07028.534.09$8,466
Jun 200002,33229.304.40$10,254
May 200004,10527.263.68$15,105
Apr 200002,03324.513.12$6,335
Mar 200003,71228.422.86$10,615
Feb 200002,63627.622.73$7,187
Jan 200004,83325.272.48$11,988
Dec 199908,80024.282.42$21,329
Nov 199903,50723.192.43$8,536
Oct 199904,72020.982.80$13,234
Sep 199904,73421.752.62$12,398
Aug 199905,32819.262.88$15,321
Jul 199904,27217.892.37$10,135
Jun 199904,59815.942.36$10,861
May 199904,39115.792.32$10,192
Apr 199903,67315.102.21$8,110
Mar 199906,25812.471.84$11,504
Feb 199906,6599.981.82$12,105
Jan 199906,26810.381.90$11,909
Dec 199803,5169.201.77$6,235
Nov 199801,13910.892.19$2,490
Oct 199801,60512.421.97$3,161
Sep 199801,58512.592.08$3,301
Aug 199804,08011.301.91$7,782
Jul 199804,86111.742.24$10,875
Jun 199802,55011.242.24$5,705
May 199802,75012.622.21$6,067
Apr 199804,59313.042.51$11,507
Mar 199804,17712.802.31$9,647
Feb 199805,74913.952.30$13,218
Jan 199807,13814.702.15$15,381
Dec 199707,02916.322.41$16,948
Nov 1997011,59518.193.09$35,808
Oct 199703,36119.253.15$10,587
Sep 199702,40517.742.95$7,106
Aug 199702,73017.862.55$6,974
Jul 199702,81817.582.25$6,332
Jun 199702,82817.242.26$6,383
May 199703,33818.972.31$7,706
Apr 199703,24817.882.08$6,765
Mar 199702,95718.951.94$5,734
Feb 199702,73020.492.21$6,022
Jan 199703,06123.483.54$10,835
Dec 199602,82823.32$0
Nov 199603,07621.97$0
Oct 199603,15523.31$0
Sep 199603,17122.22$0
Aug 199603,20320.26$0
Jul 199602,75019.55$0
Jun 199603,30918.73$0
May 199603,54419.43$0
Apr 199603,37821.51$0
Mar 199604,20419.38$0
Feb 199604,14416.98$0
Jan 199633,92717.07$51
Dec 199572,53517.19$120
Nov 199552,89616.00$80
Oct 199552,84815.43$77
Sep 199563,12016.18$97
Aug 199574,30515.92$111
Jul 199533,97115.24$46
Jun 199514,77516.41$16
May 199506,80317.56$0
Apr 199518,15617.73$18
Mar 199516,40616.44$16
Feb 1995110,30316.58$17
Jan 199518,75815.92$16
Dec 199414,90215.03$15
Nov 199425,32415.90$32
Oct 199423,63715.58$31
Sep 199439,03515.29$46
Aug 199448,96716.13$65
Jul 199477,83517.56$123
Jun 1994516,44017.09$85
May 199446,35115.88$64
Apr 199445,90514.14$57
Mar 199447,38912.46$50
Feb 199446,29012.50$50
Jan 199425,43812.66$25
Dec 199306,02712.33$0
Nov 199309,16514.49$0
Oct 1993011,23915.85$0
Sep 199309,62815.03$0
Aug 1993012,97515.66$0
Jul 199304,76015.46$0
Jun 199305,66016.79$0
May 1993012,06417.68$0
Apr 199308,33618.05$0
Mar 1993011,59118.14$0
Feb 199309,38517.90$0
Jan 1993017,68516.93$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                  956 Mcf  × $  3.05 =     $2,912

────────────────────────────────────────────────────
Month total                                   $2,912

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/116773 is the state's own key, not one this site invented.