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 132276District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$495 k
Jan 1993 – May 2026
Value, last 12 filed months
$16 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
High Cost Gas112003-10-10153336
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
CondensateDisposition512 bbl$22,498
GasProduction191,744 Mcf$472,790
Total$495,287

81,384 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 27.2043, -99.1843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20431, -99.18431 · 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
9,810 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 9,810 ft.

Completions filed
Oct 1989
1 of 1 wells

1 well

42-5053259279,810 ftOct 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 20260352106.413.05$1,072
Apr 2026027198.932.87$778
Mar 2026837189.753.15$1,886
Feb 2026024963.503.75$934
Jan 2026027359.138.00$2,183
Dec 2025023956.664.41$1,055
Nov 2025438858.593.93$1,758
Oct 2025035759.383.30$1,180
Sep 2025044962.743.08$1,382
Aug 2025038963.933.01$1,173
Jul 2025046866.743.32$1,552
Jun 2025040066.483.13$1,251
May 2025844860.553.23$1,932
Apr 2025037062.363.54$1,311
Mar 2025442067.704.27$2,063
Feb 2025049570.884.34$2,149
Jan 2025026174.324.28$1,117
Dec 2024330968.993.12$1,171
Nov 2024039969.052.20$877
Oct 2024038471.372.28$876
Sep 20240169.612.36$2
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 20230671.262.61$16
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202303489.042.74$93
Aug 202309380.522.67$249
Jul 2023012974.852.64$341
Jun 2023214368.962.26$461
May 2023314870.622.23$542
Apr 2023015878.122.24$354
Mar 2023015872.852.39$378
Feb 2023312875.112.47$541
Jan 2023015976.533.39$539
Dec 2022016776.415.73$957
Nov 2022318085.005.65$1,271
Oct 202208987.185.86$522
Sep 2022015084.888.16$1,225
Aug 2022015994.529.13$1,451
Jul 20220161101.587.54$1,214
Jun 20223159115.097.98$1,614
May 20223176109.378.43$1,812
Apr 20220194104.226.84$1,326
Mar 20220191108.885.08$970
Feb 2022017191.054.86$831
Jan 2022218981.844.54$1,021
Dec 2021014171.323.90$550
Nov 202108677.435.24$450
Oct 2021411979.795.71$999
Sep 2021015269.865.35$813
Aug 2021013766.024.22$578
Jul 2021518670.783.98$1,095
Jun 2021020669.493.38$696
May 2021021163.483.02$637
Apr 2021219760.362.76$664
Mar 2021018461.302.72$500
Feb 2021216657.805.55$1,037
Jan 2021015750.412.81$441
Dec 2020216344.642.68$525
Nov 2020028138.772.71$761
Oct 2020126936.972.48$704
Sep 2020025437.091.99$506
Aug 2020228939.982.39$769
Jul 2020225138.371.83$535
Jun 2020028734.901.69$485
May 2020011016.921.81$200
Apr 2020219814.751.80$387
Mar 2020024030.341.86$446
Feb 2020122149.881.98$488
Jan 2020022857.252.09$478
Dec 2019025859.012.30$595
Nov 2019223155.302.75$746
Oct 2019018953.472.42$457
Sep 2019021855.052.66$579
Aug 2019030753.112.30$707
Jul 2019034156.272.46$839
Jun 2019033352.782.49$830
May 2019220758.482.74$684
Apr 2019221462.632.75$714
Mar 2019024556.803.06$750
Feb 2019022050.852.79$614
Jan 2019222746.033.23$825
Dec 2018020246.594.19$845
Nov 2018021152.934.24$894
Oct 201808161.443.40$275
Sep 2018114259.543.11$501
Aug 2018021159.403.07$647
Jul 2018016665.142.93$487
Jun 2018016160.183.08$495
May 2018119865.382.90$640
Apr 2018017763.842.90$513
Mar 2018017961.222.79$499
Feb 2018222461.782.77$743
Jan 2018033462.874.01$1,339
Dec 2017032057.272.92$935
Nov 2017035655.423.12$1,110
Oct 2017035549.292.98$1,059
Sep 2017335647.523.09$1,242
Aug 2017036845.373.00$1,106
Jul 2017736043.873.09$1,419
Jun 2017035442.493.09$1,093
May 2017037745.373.26$1,230
Apr 2017443047.933.21$1,573
Mar 2017038146.772.98$1,137
Feb 2017338450.452.95$1,285
Jan 2017041749.413.42$1,426
Dec 2016042548.763.72$1,582
Nov 2016340142.492.64$1,188
Oct 2016037246.193.09$1,150
Sep 2016039041.553.10$1,209
Aug 2016044341.442.92$1,295
Jul 2016344141.622.92$1,414
Jun 2016052245.352.69$1,402
May 2016060242.521.99$1,199
Apr 2016359336.561.99$1,290
Mar 2016063633.011.79$1,141
Feb 2016053126.472.06$1,096
Jan 2016355427.352.36$1,392
Dec 2015063732.362.00$1,275
Nov 2015061138.792.17$1,324
Oct 2015457343.552.43$1,565
Sep 2015058342.992.76$1,608
Aug 2015057340.162.87$1,646
Jul 2015028048.152.95$825
Jun 2015027056.152.88$778
May 2015228355.212.96$947
Apr 2015025849.822.71$698
Mar 2015231742.892.93$1,016
Feb 2015235244.662.98$1,137
Jan 2015129143.433.10$946
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20121089.383.40$89
Sep 201214994.672.92$238
Aug 2012248092.662.91$1,581
Jul 2012363985.133.02$2,186
Jun 2012452279.822.52$1,634
May 2012457491.612.49$1,795
Apr 20124577101.652.00$1,559
Mar 20122563105.052.22$1,461
Feb 20123496101.102.57$1,578
Jan 2012656398.092.73$2,128
Dec 2011653896.873.24$2,324
Nov 2011358495.723.31$2,221
Oct 2011365684.983.65$2,648
Sep 2011763683.623.99$3,120
Aug 2011371883.404.15$3,229
Jul 2011377694.144.52$3,788
Jun 20111173992.904.64$4,451
May 2011692198.134.40$4,646
Apr 20112796105.964.33$3,661
Mar 2011185096.364.06$3,545
Feb 2011072085.644.18$3,010
Jan 2011090086.504.59$4,130
Dec 2010059385.734.35$2,578
Nov 2010098780.843.80$3,746
Oct 201001,01078.103.51$3,544
Sep 201001,02772.633.98$4,087
Aug 201001,01773.684.42$4,494
Jul 2010099472.554.74$4,708
Jun 2010084370.364.91$4,139
May 2010048571.124.24$2,054
Apr 2010019981.694.12$820
Mar 2010019878.394.39$869
Feb 2010022173.585.44$1,203
Jan 2010023974.365.96$1,425
Dec 2009016171.445.48$883
Nov 2009016974.593.75$634
Oct 2009013472.544.11$551
Sep 2009018565.543.06$567
Aug 2009023267.423.22$747
Jul 2009026561.133.46$918
Jun 2009024566.163.90$954
May 2009021254.743.93$832
Apr 2009023046.773.59$825
Mar 2009023042.144.06$934
Feb 2009025332.814.63$1,172
Jan 2009122435.865.37$1,239
Dec 2008017537.105.98$1,046
Nov 2008027055.496.86$1,852
Oct 2008029375.246.92$2,028
Sep 20080211101.767.88$1,662
Aug 20080236114.228.48$2,002
Jul 20080247131.0811.39$2,813
Jun 20080279131.3313.03$3,636
May 20080236123.1711.57$2,732
Apr 20080267110.3110.45$2,791
Mar 20080354101.909.66$3,421
Feb 2008235492.538.77$3,290
Jan 2008035190.388.21$2,880
Dec 2007029988.337.30$2,183
Nov 2007234991.677.29$2,728
Oct 2007237982.856.92$2,789
Sep 2007042175.846.24$2,629
Aug 2007141869.066.39$2,739
Jul 2007035070.906.39$2,236
Jun 2007038262.007.55$2,884
May 2007037458.747.85$2,935
Apr 2007037259.617.81$2,904
Mar 2007047156.927.30$3,439
Feb 2007051755.108.22$4,248
Jan 2007040450.306.73$2,718
Dec 2006025856.656.92$1,785
Nov 2006020554.207.62$1,562
Oct 2006033054.906.01$1,985
Sep 2006037860.085.04$1,904
Aug 2006035168.717.34$2,576
Jul 2006033369.376.34$2,112
Jun 2006033366.286.38$2,126
May 2006033066.016.42$2,120
Apr 2006033264.397.36$2,444
Mar 2006031856.707.08$2,252
Feb 2006030257.597.75$2,341
Jan 2006035960.598.93$3,207
Dec 2005032254.9413.42$4,320
Nov 2005037954.6910.59$4,013
Oct 2005039558.3413.80$5,449
Sep 2005238761.4512.08$4,797
Aug 2005441061.519.80$4,263
Jul 2005338455.697.84$3,179
Jun 2005538252.337.38$3,081
May 2005746745.226.65$3,423
Apr 2005037349.207.36$2,745
Mar 2005631150.377.15$2,527
Feb 2005231945.226.31$2,104
Jan 2005037343.166.32$2,358
Dec 2004049139.866.75$3,315
Nov 2004040045.286.33$2,532
Oct 2004043649.706.52$2,841
Sep 2004040643.245.28$2,145
Aug 2004044842.375.55$2,487
Jul 2004033438.286.08$2,032
Jun 2004038936.106.43$2,502
May 2004042537.486.49$2,760
Apr 2004238134.475.86$2,301
Mar 2004238734.365.53$2,209
Feb 2004932732.455.51$2,094
Jan 20042626532.036.30$2,502
Dec 20032236030.266.30$2,934
Nov 2003029628.804.60$1,360
Oct 20031435228.174.76$2,070
Sep 20031239726.314.75$2,201
Aug 20032237929.765.13$2,599
Jul 2003838829.415.17$2,242
Jun 2003039428.565.98$2,357
May 2003040426.595.97$2,413
Apr 2003038626.675.41$2,087
Mar 2003046131.146.10$2,810
Feb 2003031833.487.93$2,520
Jan 2003034930.315.58$1,948
Dec 2002039226.914.85$1,903
Nov 2002043824.664.14$1,812
Oct 2002035226.464.23$1,489
Sep 2002039827.443.64$1,447
Aug 2002045825.963.16$1,449
Jul 2002040724.583.06$1,246
Jun 2002038223.733.34$1,275
May 2002043224.663.58$1,548
Apr 2002046023.653.51$1,616
Mar 2002045622.003.10$1,415
Feb 2002033118.222.38$786
Jan 2002044317.172.38$1,052
Dec 2001045716.932.36$1,081
Nov 2001057318.072.41$1,378
Oct 2001060119.782.53$1,520
Sep 2001058524.262.25$1,317
Aug 2001081224.873.05$2,479
Jul 2001085523.933.20$2,734
Jun 2001056424.563.82$2,157
May 2001066025.524.31$2,843
Apr 2001062324.685.34$3,324
Mar 2001073124.545.38$3,930
Feb 2001058327.755.77$3,362
Jan 2001069727.478.40$5,854
Dec 2000066926.889.12$6,103
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999053610.381.90$1,018
Dec 199805589.201.77$990
Nov 1998037510.892.19$820
Oct 1998055712.421.97$1,097
Sep 1998049412.592.08$1,029
Aug 1998063511.301.91$1,211
Jul 1998051611.742.24$1,154
Jun 1998027211.242.24$609
May 1998034712.622.21$766
Apr 1998035513.042.51$889
Mar 1998046812.802.31$1,081
Feb 1998043713.952.30$1,005
Jan 1998049314.702.15$1,062
Dec 1997063216.322.41$1,524
Nov 1997047618.193.09$1,470
Oct 1997053719.253.15$1,691
Sep 1997047317.742.95$1,398
Aug 1997039517.862.55$1,009
Jul 1997039017.582.25$876
Jun 1997059917.242.26$1,352
May 1997066218.972.31$1,528
Apr 1997050117.882.08$1,043
Mar 1997044218.951.94$857
Feb 1997034820.492.21$768
Jan 1997050023.483.54$1,770
Dec 1996046323.32$0
Nov 1996056221.97$0
Oct 1996065023.31$0
Sep 1996058522.22$0
Aug 1996081120.26$0
Jul 1996076919.55$0
Jun 199601,18918.73$0
May 199601,15719.43$0
Apr 199601,10721.51$0
Mar 1996095019.38$0
Feb 199601,20716.98$0
Jan 199671,40017.07$119
Dec 1995161,43117.19$275
Nov 1995101,22416.00$160
Oct 199591,21015.43$139
Sep 1995111,19716.18$178
Aug 1995111,73915.92$175
Jul 1995111,41215.24$168
Jun 199531,41616.41$49
May 199511,75817.56$18
Apr 199511,66117.73$18
Mar 199511,87116.44$16
Feb 199512,31416.58$17
Jan 199522,14115.92$32
Dec 199422,30515.03$30
Nov 199442,36515.90$64
Oct 199421,91115.58$31
Sep 199432,44615.29$46
Aug 199483,12816.13$129
Jul 199493,23117.56$158
Jun 1994103,53117.09$171
May 1994133,49515.88$206
Apr 1994133,43814.14$184
Mar 199483,76612.46$100
Feb 199441,07612.50$50
Jan 1994298112.66$25
Dec 1993093212.33$0
Nov 199301,17614.49$0
Oct 199301,77715.85$0
Sep 199301,30215.03$0
Aug 199301,55415.66$0
Jul 199301,45815.46$0
Jun 199301,43716.79$0
May 199301,32817.68$0
Apr 199301,42818.05$0
Mar 199302,27618.14$0
Feb 199302,21217.90$0
Jan 199302,60716.93$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                  352 Mcf  × $  3.05 =     $1,072

────────────────────────────────────────────────────
Month total                                   $1,072

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/132276 is the state's own key, not one this site invented.