MARTINEZ, M.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the POK - A - DOT (8600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122996District 04Field 72163500NGPA filingCondensateGasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$53 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 78 leases and 78 wells, and the rule below applies to all of them.

Discovered
1976-10-08
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2008-08-12.

The Commission's schedule remark for this field reads: FORMULA TO REMAIN SUSPENDED.

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
CondensateDisposition7,396 bbl$231,214
GasProduction1,265,288 Mcf$3,298,672
Total$3,529,886

481,671 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 27.2034, -99.1895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20335, -99.18952 · 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
9,423 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 9,423 ft.

Completions filed
Dec 1988
1 of 1 wells

1 well

42-5053225949,423 ftDec 1988

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 202601,262106.413.05$3,844
Apr 202601,00898.932.87$2,893
Mar 2026291,66589.753.15$7,847
Feb 202601,21463.503.75$4,553
Jan 202601,04159.138.00$8,326
Dec 2025084556.664.41$3,729
Nov 2025141,19258.593.93$5,501
Oct 2025072159.383.30$2,383
Sep 202501,26562.743.08$3,892
Aug 2025095363.933.01$2,873
Jul 202501,13866.743.32$3,773
Jun 202501,05966.483.13$3,313
May 2025341,44960.553.23$6,742
Apr 202501,22862.363.54$4,351
Mar 2025191,34667.704.27$7,031
Feb 202501,47970.884.34$6,420
Jan 202501,60874.324.28$6,880
Dec 2024201,37468.993.12$5,669
Nov 202401,63569.052.20$3,594
Oct 202402,01371.372.28$4,592
Sep 202401,96869.612.36$4,653
Aug 2024047275.632.06$974
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 2023032285.443.09$994
Sep 2023026189.042.74$714
Aug 2023046780.522.67$1,248
Jul 2023086474.852.64$2,283
Jun 2023131,22968.962.26$3,672
May 2023201,01570.622.23$3,673
Apr 202301,27278.122.24$2,846
Mar 202301,21172.852.39$2,898
Feb 2023201,01575.112.47$4,005
Jan 2023097976.533.39$3,317
Dec 2022094676.415.73$5,420
Nov 2022211,18585.005.65$8,476
Oct 202201,40187.185.86$8,215
Sep 202201,31784.888.16$10,752
Aug 202201,36294.529.13$12,431
Jul 202201,279101.587.54$9,646
Jun 2022191,215115.097.98$11,879
May 2022181,281109.378.43$12,771
Apr 202201,316104.226.84$8,998
Mar 202201,164108.885.08$5,909
Feb 202201,02991.054.86$5,000
Jan 20221189481.844.54$4,957
Dec 2021069571.323.90$2,710
Nov 2021071977.435.24$3,765
Oct 20211186879.795.71$5,837
Sep 202101,08969.865.35$5,827
Aug 2021095166.024.22$4,014
Jul 2021896070.783.98$4,389
Jun 202101,02569.493.38$3,465
May 2021097563.483.02$2,942
Apr 20211088960.362.76$3,056
Mar 202101,18261.302.72$3,211
Feb 2021121,09657.805.55$6,774
Jan 202101,13950.412.81$3,201
Dec 2020141,44244.642.68$4,483
Nov 202001,41638.772.71$3,833
Oct 202061,03036.972.48$2,775
Sep 202001,20237.091.99$2,393
Aug 202001,26039.982.39$3,005
Jul 2020799638.371.83$2,086
Jun 2020077734.901.69$1,313
May 2020058216.921.81$1,056
Apr 202081,04814.751.80$2,009
Mar 202001,21430.341.86$2,253
Feb 202071,20049.881.98$2,726
Jan 202001,33757.252.09$2,801
Dec 201901,34359.012.30$3,095
Nov 2019111,68855.302.75$5,251
Oct 201901,90453.472.42$4,605
Sep 201901,60555.052.66$4,265
Aug 201901,45653.112.30$3,355
Jul 201901,78656.272.46$4,394
Jun 201901,60952.782.49$4,008
May 2019101,19558.482.74$3,859
Apr 201991,09162.632.75$3,565
Mar 201901,52956.803.06$4,682
Feb 201901,29350.852.79$3,610
Jan 2019121,56346.033.23$5,598
Dec 201801,58946.594.19$6,651
Nov 2018077052.934.24$3,263
Oct 2018042661.443.40$1,448
Sep 2018565259.543.11$2,324
Aug 2018078959.403.07$2,420
Jul 2018073265.142.93$2,146
Jun 2018067160.183.08$2,065
May 2018483565.382.90$2,684
Apr 2018068563.842.90$1,987
Mar 2018046861.222.79$1,304
Feb 2018863161.782.77$2,240
Jan 2018051762.874.01$2,073
Dec 201701,28057.272.92$3,740
Nov 201701,85955.423.12$5,797
Oct 201701,78449.292.98$5,323
Sep 201781,01747.523.09$3,520
Aug 201701,09645.373.00$3,293
Jul 201791,51843.873.09$5,081
Jun 201701,63942.493.09$5,060
May 201701,65745.373.26$5,407
Apr 2017141,41547.933.21$5,215
Mar 201701,45346.772.98$4,335
Feb 2017111,36350.452.95$4,579
Jan 201701,76549.413.42$6,034
Dec 201601,59548.763.72$5,938
Nov 2016101,26242.492.64$3,762
Oct 2016083446.193.09$2,577
Sep 201601,08641.553.10$3,367
Aug 201601,49141.442.92$4,360
Jul 2016101,40141.622.92$4,513
Jun 201601,45845.352.69$3,916
May 201601,79342.521.99$3,570
Apr 2016101,75836.561.99$3,866
Mar 201601,88033.011.79$3,373
Feb 201601,57226.472.06$3,244
Jan 201661,14327.352.36$2,867
Dec 201501,01932.362.00$2,039
Nov 2015089138.792.17$1,931
Oct 2015101,70243.552.43$4,566
Sep 201501,94242.992.76$5,357
Aug 201501,98840.162.87$5,711
Jul 201501,84948.152.95$5,445
Jun 201501,39356.152.88$4,016
May 2015101,77355.212.96$5,792
Apr 201501,84249.822.71$4,986
Mar 2015111,93242.892.93$6,142
Feb 2015101,62044.662.98$5,268
Jan 201591,82743.433.10$6,056
Dec 201401,68254.693.59$6,041
Nov 201402,33870.464.25$9,941
Oct 201471,75878.303.90$7,406
Sep 201401,68486.164.05$6,813
Aug 201401,86489.394.04$7,521
Jul 201401,55796.564.18$6,508
Jun 2014542,08898.164.74$15,191
May 201401,30694.734.73$6,173
Apr 201401,82095.944.81$8,753
Mar 201401,31795.895.06$6,660
Feb 201401,78397.406.19$11,040
Jan 201401,50090.404.86$7,291
Dec 201301,72091.824.35$7,490
Nov 201301,48588.853.74$5,551
Oct 201301,81797.423.78$6,867
Sep 201301,569104.113.72$5,833
Aug 201302,263104.253.52$7,972
Jul 2013172,118102.523.72$9,617
Jun 201381,84694.403.93$8,016
May 2013112,32794.834.15$10,698
Apr 201371,48593.964.28$7,017
Mar 201331,89693.623.91$7,700
Feb 201361,48691.233.42$5,629
Jan 201301,47591.603.42$5,044
Dec 201292,05086.773.42$7,792
Nov 201231,47186.953.62$5,593
Oct 201232,03989.383.40$7,200
Sep 201232,13194.672.92$6,503
Aug 201231,45192.662.91$4,498
Jul 201241,96785.133.02$6,282
Jun 201281,14779.822.52$3,528
May 2012131,28991.612.49$4,398
Apr 2012381,261101.652.00$6,381
Mar 2012232,434105.052.22$7,825
Feb 2012232,712101.102.57$9,296
Jan 2012321,84298.092.73$8,175
Dec 2011351,23496.873.24$7,388
Nov 2011211,34995.723.31$6,477
Oct 2011211,67684.983.65$7,900
Sep 2011431,97183.623.99$11,452
Aug 2011222,03783.404.15$10,287
Jul 2011142,49594.144.52$12,588
Jun 2011431,37392.904.64$10,365
May 2011291,54498.134.40$9,647
Apr 2011101,834105.964.33$9,007
Mar 201181,64896.364.06$7,457
Feb 201101,71085.644.18$7,148
Jan 201101,94186.504.59$8,907
Dec 201002,45385.734.35$10,665
Nov 201001,64180.843.80$6,228
Oct 201001,29478.103.51$4,541
Sep 201001,57772.633.98$6,276
Aug 201002,25673.684.42$9,970
Jul 201011,43872.554.74$6,884
Jun 201001,35170.364.91$6,634
May 201071,54271.124.24$7,029
Apr 201001,60381.694.12$6,609
Mar 2010163,51478.394.39$16,676
Feb 201001,28673.585.44$6,999
Jan 201001,25874.365.96$7,503
Dec 2009341,24571.445.48$9,256
Nov 2009212,76374.593.75$11,932
Oct 200901,34272.544.11$5,516
Sep 2009181,34765.543.06$5,308
Aug 200901,16167.423.22$3,737
Jul 200901,75761.133.46$6,087
Jun 20091494266.163.90$4,595
May 2009068354.743.93$2,681
Apr 200901,09146.773.59$3,914
Mar 2009171,41942.144.06$6,476
Feb 200901,07432.814.63$4,976
Jan 2009142,52235.865.37$14,048
Dec 20081298437.105.98$6,327
Nov 200801,89855.496.86$13,021
Oct 200871,19675.246.92$8,805
Sep 200801,610101.767.88$12,682
Aug 200801,338114.228.48$11,350
Jul 200801,256131.0811.39$14,305
Jun 200822,098131.3313.03$27,605
May 200801,417123.1711.57$16,401
Apr 200801,276110.3110.45$13,340
Mar 200801,403101.909.66$13,559
Feb 200831,62292.538.77$14,503
Jan 200802,24690.388.21$18,430
Dec 200702,04388.337.30$14,918
Nov 200721,74691.677.29$12,915
Oct 200721,72082.856.92$12,072
Sep 200701,76375.846.24$11,008
Aug 200711,86169.066.39$11,957
Jul 200701,71070.906.39$10,923
Jun 200701,71362.007.55$12,930
May 200702,47458.747.85$19,412
Apr 200722,75859.617.81$21,646
Mar 200702,59356.927.30$18,934
Feb 200701,57555.108.22$12,940
Jan 200701,23550.306.73$8,308
Dec 200601,52256.656.92$10,530
Nov 200601,62854.207.62$12,401
Oct 200602,49754.906.01$15,016
Sep 200601,84460.085.04$9,289
Aug 200602,34568.717.34$17,212
Jul 200602,44269.376.34$15,489
Jun 200602,37766.286.38$15,174
May 200611,63666.016.42$10,577
Apr 200602,08164.397.36$15,317
Mar 2006182,71756.707.08$20,265
Feb 200602,10357.597.75$16,301
Jan 2006392,71160.598.93$26,581
Dec 2005212,71854.9413.42$37,617
Nov 2005412,95854.6910.59$33,563
Oct 2005202,77158.3413.80$39,395
Sep 2005222,44761.4512.08$30,909
Aug 2005292,06461.519.80$22,004
Jul 2005282,53455.697.84$21,435
Jun 2005322,60752.337.38$20,917
May 2005562,60445.226.65$19,852
Apr 200501,99949.207.36$14,714
Mar 2005592,90250.377.15$23,735
Feb 2005252,35945.226.31$16,020
Jan 2005283,23743.166.32$21,673
Dec 2004293,03939.866.75$21,672
Nov 2004133,20945.286.33$20,903
Oct 200493,48449.706.52$23,146
Sep 200423,37243.245.28$17,904
Aug 200422,88642.375.55$16,104
Jul 200492,09638.286.08$13,097
Jun 200442,48336.106.43$16,118
May 200452,59237.486.49$17,021
Apr 2004102,53734.475.86$15,208
Mar 200453,06534.365.53$17,122
Feb 200442,75832.455.51$15,325
Jan 200483,09632.036.30$19,760
Dec 200392,71830.266.30$17,400
Nov 200303,32028.804.60$15,256
Oct 200343,26428.174.76$15,648
Sep 200342,76026.314.75$13,213
Aug 200373,25929.765.13$16,926
Jul 200333,08929.415.17$16,061
Jun 200303,28728.565.98$19,666
May 200303,27826.595.97$19,578
Apr 200303,43326.675.41$18,563
Mar 200303,18231.146.10$19,398
Feb 200303,13633.487.93$24,856
Jan 200303,84930.315.58$21,485
Dec 200203,72026.914.85$18,056
Nov 200203,71024.664.14$15,348
Oct 200203,91026.464.23$16,536
Sep 200203,46727.443.64$12,603
Aug 200203,81525.963.16$12,071
Jul 200203,73824.583.06$11,445
Jun 200203,82823.733.34$12,779
May 200203,48124.663.58$12,476
Apr 200204,63723.653.51$16,287
Mar 200205,11422.003.10$15,867
Feb 200201,65318.222.38$3,927
Jan 200202,25817.172.38$5,364
Dec 200102,39016.932.36$5,651
Nov 200103,74218.072.41$9,001
Oct 200104,19219.782.53$10,601
Sep 200104,55024.262.25$10,244
Aug 200173,08024.873.05$9,578
Jul 2001613,30423.933.20$12,023
Jun 2001434,20524.563.82$17,137
May 2001913,88825.524.31$19,069
Apr 2001866,17324.685.34$35,057
Mar 20011065,07124.545.38$29,865
Feb 2001996,02027.755.77$37,465
Jan 200185,60927.478.40$47,328
Dec 2000117,08726.889.12$64,947
Nov 2000103,65332.215.66$20,991
Oct 200043,87831.235.15$20,079
Sep 2000104,31931.875.19$22,719
Aug 200064,28229.644.54$19,621
Jul 2000184,30928.534.09$18,136
Jun 2000344,21329.304.40$19,522
May 2000334,30327.263.68$16,734
Apr 2000523,67024.513.12$12,710
Mar 2000394,39428.422.86$13,674
Feb 2000134,51627.622.73$12,672
Jan 200005,46825.272.48$13,563
Dec 1999244,76924.282.42$12,141
Nov 199984,49823.192.43$11,134
Oct 1999124,89220.982.80$13,968
Sep 1999284,37921.752.62$12,077
Aug 1999125,47719.262.88$15,981
Jul 1999314,97017.892.37$12,345
Jun 1999193,83615.942.36$9,364
May 1999355,14315.792.32$12,490
Apr 1999164,40315.102.21$9,964
Mar 199904,04312.471.84$7,432
Feb 1999334,3279.981.82$8,195
Jan 199934,29610.381.90$8,193
Dec 199805,0669.201.77$8,984
Nov 199804,51110.892.19$9,860
Oct 199804,98312.421.97$9,813
Sep 199804,88512.592.08$10,174
Aug 199804,80811.301.91$9,171
Jul 199804,83111.742.24$10,808
Jun 199804,96211.242.24$11,101
May 199805,42112.622.21$11,961
Apr 199804,95513.042.51$12,414
Mar 199804,91012.802.31$11,339
Feb 199804,62413.952.30$10,631
Jan 199805,46514.702.15$11,776
Dec 199705,76416.322.41$13,898
Nov 199705,06518.193.09$15,642
Oct 199706,10919.253.15$19,242
Sep 199705,49017.742.95$16,222
Aug 199705,76417.862.55$14,726
Jul 199705,48817.582.25$12,331
Jun 1997505,80417.242.26$13,963
May 19971345,07018.972.31$14,246
Apr 1997724,63017.882.08$10,931
Mar 19971086,13518.951.94$13,943
Feb 1997745,52720.492.21$13,708
Jan 19974165,71623.483.54$30,001
Dec 19962566,25723.32$5,970
Nov 19962426,72521.97$5,317
Oct 19963677,09723.31$8,555
Sep 19963596,42622.22$7,977
Aug 19962377,66020.26$4,802
Jul 1996987,99819.55$1,916
Jun 1996226,37318.73$412
May 1996188,05219.43$350
Apr 1996247,48521.51$516
Mar 1996247,93819.38$465
Feb 1996248,46716.98$408
Jan 1996227,58817.07$376
Dec 1995149,76017.19$241
Nov 199589,38916.00$128
Oct 199567,03515.43$93
Sep 199566,79416.18$97
Aug 199577,43515.92$111
Jul 199587,85315.24$122
Jun 1995227,63616.41$361
May 1995178,02317.56$299
Apr 1995418,34317.73$727
Mar 19952313,89816.44$378
Feb 1995182,42016.58$298
Jan 199589,68915.92$127
Dec 199429,62315.03$30
Nov 1994310,39415.90$48
Oct 199417,22415.58$16
Sep 199429,06515.29$31
Aug 1994689,77816.13$1,097
Jul 1994949,85917.56$1,651
Jun 19941029,31717.09$1,743
May 199414010,63215.88$2,223
Apr 19941359,11014.14$1,909
Mar 199413111,89212.46$1,632
Feb 19941339,43712.50$1,663
Jan 199413910,84012.66$1,760
Dec 19938913,96412.33$1,097
Nov 19936612,63014.49$956
Oct 19938914,61015.85$1,411
Sep 19933210,42215.03$481
Aug 19935313,77815.66$830
Jul 19936413,64315.46$989
Jun 19937015,39516.79$1,175
May 19939614,87217.68$1,697
Apr 199310016,23718.05$1,805
Mar 199310815,19418.14$1,959
Feb 199311514,22317.90$2,059
Jan 199313923,19116.93$2,353

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                1,262 Mcf  × $  3.05 =     $3,844

────────────────────────────────────────────────────
Month total                                   $3,844

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/122996 is the state's own key, not one this site invented.