MARTINEZ, M.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the LAS OVEJAS (WILCOX 8500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119603District 04Field 52169850NGPA filingCondensateGasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$166 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1985-11-14
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: ALLOCATION FORMULA EFFECTIVE 04/01/87.

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
CondensateDisposition7,995 bbl$241,894
GasProduction1,340,249 Mcf$3,728,924
Total$3,970,818

457,049 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 27.2097, -99.1745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20967, -99.17454 · 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
11,300 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 11,300 ft.

Completions filed
Nov 1985
1 of 1 wells

1 well

42-50531662111,300 ftNov 1985

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 202601,332106.413.05$4,057
Apr 202602,90998.932.87$8,348
Mar 2026842,26589.753.15$14,672
Feb 202601,51463.503.75$5,678
Jan 202602,74259.138.00$21,930
Dec 202504,22556.664.41$18,646
Nov 2025522,51458.593.93$12,918
Oct 202503,82259.383.30$12,631
Sep 202504,10962.743.08$12,643
Aug 202505,87163.933.01$17,700
Jul 202506,08866.743.32$20,183
Jun 202505,28466.483.13$16,532
May 2025846,33460.553.23$25,560
Apr 202505,40262.363.54$19,140
Mar 2025305,86767.704.27$27,073
Feb 202503,45470.884.34$14,993
Jan 202502,21674.324.28$9,482
Dec 2024860868.993.12$2,450
Nov 2024056969.052.20$1,251
Oct 2024094471.372.28$2,154
Sep 2024066569.612.36$1,572
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 20230271.262.61$5
Nov 20230077.892.81$0
Oct 2023022385.443.09$688
Sep 202309689.042.74$263
Aug 2023013980.522.67$372
Jul 2023022974.852.64$605
Jun 2023326068.962.26$794
May 2023526570.622.23$943
Apr 2023023978.122.24$535
Mar 2023036772.852.39$878
Feb 2023629675.112.47$1,181
Jan 2023033876.533.39$1,145
Dec 2022029676.415.73$1,696
Nov 2022632985.005.65$2,368
Oct 2022032987.185.86$1,929
Sep 2022037484.888.16$3,053
Aug 2022035894.529.13$3,268
Jul 20220347101.587.54$2,617
Jun 20227389115.097.98$3,909
May 20229326109.378.43$3,734
Apr 20220380104.226.84$2,598
Mar 20220449108.885.08$2,279
Feb 2022042591.054.86$2,065
Jan 20221346881.844.54$3,188
Dec 2021047871.323.90$1,864
Nov 2021067977.435.24$3,556
Oct 20212977879.795.71$6,759
Sep 202101,20169.865.35$6,426
Aug 202102,67066.024.22$11,269
Jul 2021331,58370.783.98$8,639
Jun 202105,11769.493.38$17,299
May 202105,97263.483.02$18,022
Apr 2021544,77860.362.76$16,439
Mar 202106,10761.302.72$16,592
Feb 2021625,80257.805.55$35,773
Jan 202106,07050.412.81$17,058
Dec 2020786,53144.642.68$20,955
Nov 202007,33038.772.71$19,839
Oct 202067,41936.972.48$18,609
Sep 202008,18937.091.99$16,305
Aug 202009,83739.982.39$23,462
Jul 2020458,78938.371.83$17,768
Jun 2020010,13134.901.69$17,125
May 202005,18916.921.81$9,417
Apr 2020223614.751.80$455
Mar 2020025330.341.86$470
Feb 2020525449.881.98$752
Jan 2020026557.252.09$555
Dec 2019018459.012.30$424
Nov 2019224255.302.75$776
Oct 2019036753.472.42$888
Sep 2019029855.052.66$792
Aug 2019028753.112.30$661
Jul 2019022156.272.46$544
Jun 2019022952.782.49$570
May 2019222158.482.74$723
Apr 2019223462.632.75$769
Mar 2019031256.803.06$955
Feb 2019024550.852.79$684
Jan 2019224546.033.23$883
Dec 2018026846.594.19$1,122
Nov 2018033252.934.24$1,407
Oct 2018015561.443.40$527
Sep 2018228859.543.11$1,014
Aug 2018035259.403.07$1,079
Jul 2018031365.142.93$918
Jun 2018030460.183.08$935
May 2018230865.382.90$1,024
Apr 2018027263.842.90$789
Mar 2018036661.222.79$1,020
Feb 2018230461.782.77$964
Jan 2018030962.874.01$1,239
Dec 2017031257.272.92$912
Nov 2017029555.423.12$920
Oct 2017032749.292.98$976
Sep 2017330547.523.09$1,084
Aug 2017032245.373.00$967
Jul 20171034043.873.09$1,488
Jun 2017031342.493.09$966
May 2017025145.373.26$819
Apr 2017335347.933.21$1,277
Mar 2017035846.772.98$1,068
Feb 2017332150.452.95$1,099
Jan 2017035049.413.42$1,197
Dec 2016032248.763.72$1,199
Nov 2016226442.492.64$783
Oct 2016024546.193.09$757
Sep 2016024641.553.10$763
Aug 2016026941.442.92$787
Jul 2016227241.622.92$879
Jun 2016025145.352.69$674
May 2016029342.521.99$583
Apr 2016229136.561.99$653
Mar 2016031833.011.79$571
Feb 2016029026.472.06$598
Jan 2016127127.352.36$668
Dec 2015030432.362.00$608
Nov 2015036038.792.17$780
Oct 2015232043.552.43$864
Sep 2015034742.992.76$957
Aug 2015041140.162.87$1,181
Jul 2015041248.152.95$1,213
Jun 2015041056.152.88$1,182
May 2015243455.212.96$1,393
Apr 2015040249.822.71$1,088
Mar 2015238142.892.93$1,204
Feb 2015344044.662.98$1,444
Jan 2015246643.433.10$1,532
Dec 2014043354.693.59$1,555
Nov 2014042270.464.25$1,794
Oct 2014246978.303.90$1,986
Sep 2014043686.164.05$1,764
Aug 2014057689.394.04$2,324
Jul 2014062596.564.18$2,612
Jun 2014271,05498.164.74$7,643
May 201402,14294.734.73$10,124
Apr 201402,64195.944.81$12,701
Mar 201402,82695.895.06$14,291
Feb 201403,46197.406.19$21,431
Jan 201403,22190.404.86$15,656
Dec 201302,90591.824.35$12,650
Nov 201302,65088.853.74$9,906
Oct 201303,20097.423.78$12,094
Sep 201303,562104.113.72$13,243
Aug 2013314,432104.253.52$18,844
Jul 201300102.523.72$0
Jun 2013393,30694.403.93$16,685
May 2013453,67894.834.15$19,528
Apr 201302,34193.964.28$10,026
Mar 201303,23193.623.91$12,642
Feb 201303,79991.233.42$12,992
Jan 201304,07491.603.42$13,933
Dec 201213,92886.773.42$13,521
Nov 201213,34586.953.62$12,212
Oct 201223,97989.383.40$13,706
Sep 201244,50594.672.92$13,526
Aug 2012183,12892.662.91$10,765
Jul 2012403,23285.133.02$13,168
Jun 2012524,14579.822.52$14,592
May 2012483,83791.612.49$13,945
Apr 2012284,521101.652.00$11,874
Mar 201285,459105.052.22$12,971
Feb 2012106,194101.102.57$16,931
Jan 2012215,85798.092.73$18,073
Dec 2011206,41996.873.24$22,733
Nov 201186,76495.723.31$23,163
Oct 201127,66384.983.65$28,129
Sep 201111,61683.623.99$6,525
Aug 2011147183.404.15$2,038
Jul 2011145894.144.52$2,163
Jun 2011242792.904.64$2,167
May 2011345998.134.40$2,316
Apr 20113480105.964.33$2,398
Mar 2011440596.364.06$2,029
Feb 2011050885.644.18$2,123
Jan 2011655986.504.59$3,084
Dec 2010035885.734.35$1,556
Nov 2010047880.843.80$1,814
Oct 2010650878.103.51$2,251
Sep 2010054072.633.98$2,149
Aug 2010359073.684.42$2,828
Jul 2010348272.554.74$2,501
Jun 2010056570.364.91$2,774
May 2010764471.124.24$3,225
Apr 2010056481.694.12$2,325
Mar 2010568478.394.39$3,394
Feb 2010057373.585.44$3,118
Jan 2010079274.365.96$4,724
Dec 2009978871.445.48$4,964
Nov 20091573474.593.75$3,872
Oct 200902,03672.544.11$8,368
Sep 2009212,53365.543.06$9,139
Aug 200902,70567.423.22$8,706
Jul 200904,12561.133.46$14,291
Jun 2009143,10066.163.90$13,001
May 200901,46654.743.93$5,755
Apr 200902,95246.773.59$10,590
Mar 2009113,35342.144.06$14,073
Feb 200903,48232.814.63$16,132
Jan 200925,72935.865.37$30,842
Dec 200832,24537.105.98$13,530
Nov 200804,66455.496.86$31,997
Oct 200824,93675.246.92$34,317
Sep 200805,700101.767.88$44,899
Aug 200805,478114.228.48$46,470
Jul 200805,585131.0811.39$63,610
Jun 200807,578131.3313.03$98,761
May 200807,439123.1711.57$86,101
Apr 200807,504110.3110.45$78,453
Mar 20080469101.909.66$4,532
Feb 2008065892.538.77$5,771
Jan 2008058590.388.21$4,800
Dec 2007053588.337.30$3,907
Nov 2007050891.677.29$3,704
Oct 2007069282.856.92$4,790
Sep 2007054875.846.24$3,422
Aug 2007135569.066.39$2,337
Jul 2007046670.906.39$2,977
Jun 2007083262.007.55$6,280
May 2007078058.747.85$6,120
Apr 2007486559.617.81$6,990
Mar 200701,19656.927.30$8,733
Feb 2007057555.108.22$4,724
Jan 2007061550.306.73$4,137
Dec 200601,52456.656.92$10,544
Nov 200603,13654.207.62$23,888
Oct 2006068954.906.01$4,144
Sep 2006055860.085.04$2,811
Aug 2006055168.717.34$4,044
Jul 2006065069.376.34$4,123
Jun 2006056266.286.38$3,588
May 2006101,01866.016.42$7,201
Apr 200602,83264.397.36$20,845
Mar 2006322,91656.707.08$22,468
Feb 200602,90757.597.75$22,533
Jan 2006613,31860.598.93$33,337
Dec 2005354,22954.9413.42$58,657
Nov 2005544,59654.6910.59$51,618
Oct 2005112,96458.3413.80$41,532
Sep 2005261,17561.4512.08$15,791
Aug 2005352,29761.519.80$24,656
Jul 2005432,53955.697.84$22,310
Jun 2005313,57452.337.38$28,002
May 2005612,19845.226.65$17,378
Apr 200502,01449.207.36$14,824
Mar 2005782,72050.377.15$23,390
Feb 2005362,96245.226.31$20,324
Jan 200504,80443.166.32$30,372
Dec 200413,14539.866.75$21,272
Nov 200411,28345.286.33$8,167
Oct 200422,95849.706.52$19,371
Sep 2004104,93343.245.28$26,498
Aug 2004112,02142.375.55$11,684
Jul 2004292,65638.286.08$17,270
Jun 200482,71836.106.43$17,774
May 20041591337.486.49$6,492
Apr 2004462,10734.475.86$13,929
Mar 2004263,55634.365.53$20,559
Feb 2004363,35732.455.51$19,664
Jan 2004584,52632.036.30$30,370
Dec 2003623,18630.266.30$21,953
Nov 200304,02028.804.60$18,473
Oct 2003233,41928.174.76$16,921
Sep 2003262,81826.314.75$14,068
Aug 2003494,32729.765.13$23,655
Jul 2003362,71729.415.17$15,108
Jun 2003522,60128.565.98$17,047
May 2003563,92926.595.97$24,956
Apr 2003313,83426.675.41$21,558
Mar 2003594,09931.146.10$26,825
Feb 2003273,57933.487.93$29,271
Jan 200384,58030.315.58$25,808
Dec 2002144,49626.914.85$22,199
Nov 2002144,04024.664.14$17,059
Oct 2002154,29626.464.23$18,565
Sep 2002154,78827.443.64$17,817
Aug 2002654,28625.963.16$15,249
Jul 2002894,31124.583.06$15,387
Jun 2002995,02223.733.34$19,114
May 2002895,04324.663.58$20,269
Apr 20021114,59923.653.51$18,778
Mar 2002423,60222.003.10$12,100
Feb 2002884,58218.222.38$12,489
Jan 200203,93417.172.38$9,346
Dec 2001042816.932.36$1,012
Nov 200104,75218.072.41$11,431
Oct 200104,50319.782.53$11,388
Sep 200105,09924.262.25$11,479
Aug 200106,40124.873.05$19,543
Jul 200104,72923.933.20$15,119
Jun 2001061724.563.82$2,360
May 200101,95625.524.31$8,425
Apr 200103,52724.685.34$18,818
Mar 200102,58724.545.38$13,909
Feb 200103,30927.755.77$19,083
Jan 200106,89627.478.40$57,918
Dec 200002,42926.889.12$22,159
Nov 200002,57032.215.66$14,541
Oct 200003,86531.235.15$19,887
Sep 200004,40631.875.19$22,852
Aug 200004,07529.644.54$18,504
Jul 200063,94728.534.09$16,313
Jun 2000124,10829.304.40$18,416
May 2000583527.263.68$3,209
Apr 2000171,79424.513.12$6,007
Mar 2000993,57628.422.86$13,040
Feb 20002043,81027.622.73$16,022
Jan 200004,21425.272.48$10,453
Dec 1999255,76924.282.42$14,589
Nov 19992454,20123.192.43$15,907
Oct 1999123,95420.982.80$11,338
Sep 1999284,02521.752.62$11,150
Aug 1999125,13119.262.88$14,986
Jul 1999644,82117.892.37$12,582
Jun 1999334,04815.942.36$10,088
May 1999614,23915.792.32$10,802
Apr 1999333,43115.102.21$8,074
Mar 199904,61612.471.84$8,486
Feb 1999623,8679.981.82$7,648
Jan 199963,88810.381.90$7,449
Dec 199804,4129.201.77$7,824
Nov 199804,15310.892.19$9,077
Oct 199804,37312.421.97$8,611
Sep 199804,90212.592.08$10,209
Aug 199815,23611.301.91$9,998
Jul 1998414,56211.742.24$10,688
Jun 1998894,85111.242.24$11,853
May 1998925,58312.622.21$13,479
Apr 19981385,31913.042.51$15,125
Mar 1998514,51212.802.31$11,073
Feb 1998675,10213.952.30$12,665
Jan 1998725,24014.702.15$12,350
Dec 1997815,66716.322.41$14,986
Nov 1997475,98618.193.09$19,341
Oct 1997723,49419.253.15$12,391
Sep 1997725,63917.742.95$17,940
Aug 1997676,03217.862.55$16,607
Jul 1997636,25317.582.25$15,158
Jun 1997765,49517.242.26$13,714
May 19971595,12618.972.31$14,850
Apr 1997874,91017.882.08$11,782
Mar 19971326,54318.951.94$15,189
Feb 1997886,06320.492.21$15,177
Jan 1997386,04023.483.54$22,272
Dec 199606,41823.32$0
Nov 199606,76321.97$0
Oct 199607,24523.31$0
Sep 199605,91122.22$0
Aug 199607,59220.26$0
Jul 1996148,49919.55$274
Jun 1996463,66218.73$862
May 1996386,66919.43$738
Apr 1996515,38621.51$1,097
Mar 1996496,04319.38$950
Feb 1996426,10216.98$713
Jan 19961043,33417.07$1,775
Dec 19952146,74217.19$3,679
Nov 19951577,02416.00$2,512
Oct 19951567,92015.43$2,407
Sep 19951638,10716.18$2,637
Aug 19951439,25815.92$2,277
Jul 19951366,33715.24$2,073
Jun 1995276,57016.41$443
May 199517,04617.56$18
Apr 199528,19417.73$35
Mar 1995112,12616.44$16
Feb 199512,21916.58$17
Jan 199558,51615.92$80
Dec 1994610,30815.03$90
Nov 1994810,57115.90$127
Oct 199456,56715.58$78
Sep 1994711,81815.29$107
Aug 1994310,99916.13$48
Jul 1994011,89417.56$0
Jun 199409,57217.09$0
May 1994010,89415.88$0
Apr 199409,90314.14$0
Mar 199409,43012.46$0
Feb 1994010,33612.50$0
Jan 199403,09312.66$0
Dec 199308,75812.33$0
Nov 1993015,23314.49$0
Oct 1993014,46115.85$0
Sep 199309,55615.03$0
Aug 19932414,76915.66$376
Jul 1993658,02415.46$1,005
Jun 199310013,11516.79$1,679
May 199318319,28617.68$3,235
Apr 199317419,73318.05$3,141
Mar 199317616,07418.14$3,193
Feb 199319117,09517.90$3,419
Jan 199321421,87716.93$3,623

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                1,332 Mcf  × $  3.05 =     $4,057

────────────────────────────────────────────────────
Month total                                   $4,057

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/119603 is the state's own key, not one this site invented.