MARTIN, J.C. III

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the DOLORES CREEK (WILCOX 8200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132625District 04Field 252352002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2019
Value, last 12 filed months
$326
at the published price for each month
Months reported
317
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
1979-12-12
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: CAPACITY ALLOWABLE 06/01/90

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 Gas111998-05-22138646
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
CondensateDisposition3,331 bbl$74,297
GasProduction384,461 Mcf$1,130,269
Total$1,204,567

124,454 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 27.3994, -99.3022. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39943, -99.30217 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,878 ft
1 wells filed one
Completion to plug
2.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,878 ft.

Completions filed
Apr 2016
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793295159,878 ftApr 2016Nov 2018Yes

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 (317)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

317 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20187046.594.19$326
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016042827.352.36$1,012
Dec 2015372732.362.00$1,552
Nov 2015067838.792.17$1,469
Oct 2015035143.552.43$852
Sep 2015060342.992.76$1,663
Aug 2015068440.162.87$1,965
Jul 2015063448.152.95$1,867
Jun 2015063556.152.88$1,831
May 2015064755.212.96$1,912
Apr 2015046149.822.71$1,248
Mar 2015034742.892.93$1,018
Feb 2015035044.662.98$1,042
Jan 2015039343.433.10$1,219
Dec 2014039954.693.59$1,433
Nov 2014041970.464.25$1,782
Oct 2014044178.303.90$1,720
Sep 2014073286.164.05$2,961
Aug 2014070689.394.04$2,849
Jul 2014077096.564.18$3,218
Jun 2014061498.164.74$2,908
May 2014075494.734.73$3,564
Apr 2014063395.944.81$3,044
Mar 2014069495.895.06$3,509
Feb 2014059697.406.19$3,690
Jan 201401,03590.404.86$5,031
Dec 2013074191.824.35$3,227
Nov 2013057188.853.74$2,135
Oct 2013047397.423.78$1,788
Sep 20130540104.113.72$2,008
Aug 20130633104.253.52$2,230
Jul 20130479102.523.72$1,781
Jun 2013041994.403.93$1,648
May 2013052294.834.15$2,166
Apr 2013046393.964.28$1,983
Mar 2013062793.623.91$2,453
Feb 2013067491.233.42$2,305
Jan 2013079191.603.42$2,705
Dec 2012070686.773.42$2,415
Nov 2012064286.953.62$2,327
Oct 2012075589.383.40$2,567
Sep 2012080594.672.92$2,349
Aug 2012067792.662.91$1,969
Jul 2012060885.133.02$1,837
Jun 2012053779.822.52$1,353
May 2012061091.612.49$1,518
Apr 20120775101.652.00$1,548
Mar 20120580105.052.22$1,289
Feb 20120688101.102.57$1,768
Jan 2012066298.092.73$1,810
Dec 2011048796.873.24$1,578
Nov 2011067395.723.31$2,228
Oct 2011064184.983.65$2,339
Sep 2011096783.623.99$3,854
Aug 2011084483.404.15$3,502
Jul 2011080694.144.52$3,641
Jun 2011083892.904.64$3,888
May 2011083498.134.40$3,674
Apr 20110804105.964.33$3,484
Mar 2011070396.364.06$2,852
Feb 2011079885.644.18$3,336
Jan 2011074986.504.59$3,437
Dec 2010073285.734.35$3,183
Nov 2010075780.843.80$2,873
Oct 2010073878.103.51$2,590
Sep 2010061972.633.98$2,463
Aug 2010079273.684.42$3,500
Jul 2010071472.554.74$3,382
Jun 2010082870.364.91$4,066
May 201001,26571.124.24$5,358
Apr 201001,14781.694.12$4,729
Mar 201001,11678.394.39$4,898
Feb 2010070573.585.44$3,837
Jan 2010089774.365.96$5,350
Dec 2009080671.445.48$4,420
Nov 2009073974.593.75$2,772
Oct 2009068972.544.11$2,832
Sep 2009074065.543.06$2,268
Aug 2009079167.423.22$2,546
Jul 2009052561.133.46$1,819
Jun 2009079466.163.90$3,093
May 2009065754.743.93$2,579
Apr 2009080046.773.59$2,870
Mar 2009054442.144.06$2,208
Feb 2009383632.814.63$3,972
Jan 200901,12735.865.37$6,053
Dec 200801,21637.105.98$7,268
Nov 2008095755.496.86$6,565
Oct 200801,10675.246.92$7,656
Sep 200801,168101.767.88$9,200
Aug 200851,008114.228.48$9,122
Jul 20080996131.0811.39$11,344
Jun 20080875131.3313.03$11,404
May 20080957123.1711.57$11,077
Apr 20080925110.3110.45$9,671
Mar 20084981101.909.66$9,888
Feb 2008083692.538.77$7,332
Jan 2008496290.388.21$8,255
Dec 200701,02688.337.30$7,492
Nov 2007078791.677.29$5,739
Oct 2007384582.856.92$6,098
Sep 2007082275.846.24$5,133
Aug 200701,00869.066.39$6,439
Jul 20071694070.906.39$7,139
Jun 2007095362.007.55$7,194
May 200701,01458.747.85$7,956
Apr 2007101,03059.617.81$8,635
Mar 200701,02456.927.30$7,477
Feb 20071680255.108.22$7,471
Jan 2007088650.306.73$5,960
Dec 2006096456.656.92$6,669
Nov 200601,02954.207.62$7,838
Oct 2006699554.906.01$6,313
Sep 2006092560.085.04$4,659
Aug 2006982068.717.34$6,637
Jul 20061484369.376.34$6,318
Jun 2006088366.286.38$5,637
May 2006092066.016.42$5,911
Apr 20061483664.397.36$7,055
Mar 20061897956.707.08$7,955
Feb 200601,07357.597.75$8,317
Jan 2006151,08360.598.93$10,584
Dec 200501,02654.9413.42$13,764
Nov 2005151,13854.6910.59$12,870
Oct 200501,08058.3413.80$14,899
Sep 200501,15261.4512.08$13,915
Aug 2005121,10061.519.80$11,515
Jul 200501,08955.697.84$8,542
Jun 20052797752.337.38$8,624
May 200501,10945.226.65$7,376
Apr 2005211,55849.207.36$12,501
Mar 2005231,23650.377.15$10,002
Feb 200501,14745.226.31$7,240
Jan 200501,25943.166.32$7,960
Dec 2004261,49939.866.75$11,156
Nov 20041749745.286.33$3,916
Oct 200401,02149.706.52$6,652
Sep 2004094243.245.28$4,977
Aug 2004211,15642.375.55$7,306
Jul 200401,19338.286.08$7,258
Jun 2004020136.106.43$1,293
May 2004221,13237.486.49$8,176
Apr 2004096234.475.86$5,636
Mar 20042876334.365.53$5,182
Feb 20043582732.455.51$5,692
Jan 2004351,07332.036.30$7,881
Dec 200301,03830.266.30$6,541
Nov 2003291,12028.804.60$5,982
Oct 200301,17228.174.76$5,578
Sep 20032291826.314.75$4,939
Aug 2003241,06229.765.13$6,162
Jul 200301,04829.415.17$5,419
Jun 20032575128.565.98$5,207
May 2003261,21626.595.97$7,954
Apr 2003211,23126.675.41$7,216
Mar 200301,55331.146.10$9,467
Feb 20032786533.487.93$7,760
Jan 2003087030.315.58$4,856
Dec 2002301,18126.914.85$6,540
Nov 20021680424.664.14$3,721
Oct 2002151,19726.464.23$5,459
Sep 20021194627.443.64$3,741
Aug 2002131,11125.963.16$3,853
Jul 200201,09524.583.06$3,353
Jun 2002131,18323.733.34$4,258
May 2002121,03024.663.58$3,987
Apr 2002321,09923.653.51$4,617
Mar 200201,19022.003.10$3,692
Feb 2002161,19518.222.38$3,130
Jan 2002331,23417.172.38$3,498
Dec 2001121,99416.932.36$4,918
Nov 2001078918.072.41$1,898
Oct 200171,32219.782.53$3,482
Sep 200171,62624.262.25$3,830
Aug 200181,62624.873.05$5,163
Jul 200181,59823.933.20$5,300
Jun 2001201,21124.563.82$5,122
May 200181,24125.524.31$5,550
Apr 2001181,04824.685.34$6,036
Mar 2001171,43424.545.38$8,127
Feb 2001181,21927.755.77$7,530
Jan 2001311,28727.478.40$11,661
Dec 2000191,59926.889.12$15,098
Nov 2000181,25632.215.66$7,686
Oct 2000063131.235.15$3,247
Sep 200081,21731.875.19$6,567
Aug 200061,07529.644.54$5,059
Jul 2000101,25928.534.09$5,434
Jun 2000141,16129.304.40$5,515
May 2000321,55327.263.68$6,587
Apr 2000121,79924.513.12$5,900
Mar 2000111,60528.422.86$4,903
Feb 2000131,54727.622.73$4,577
Jan 2000231,81325.272.48$5,078
Dec 1999191,62124.282.42$4,390
Nov 1999111,63123.192.43$4,225
Oct 1999191,60020.982.80$4,885
Sep 199911,57721.752.62$4,152
Aug 1999101,36919.262.88$4,129
Jul 1999181,64717.892.37$4,229
Jun 1999151,24315.942.36$3,175
May 199971,28815.792.32$3,100
Apr 199981,30715.102.21$3,007
Mar 1999262,20112.471.84$4,370
Feb 1999191,6979.981.82$3,274
Jan 1999181,99410.381.90$3,975
Dec 1998272,3299.201.77$4,378
Nov 1998293,16910.892.19$7,242
Oct 1998262,04012.421.97$4,340
Sep 1998212,27112.592.08$4,994
Aug 1998323,10711.301.91$6,288
Jul 1998283,65811.742.24$8,513
Jun 1998271,83811.242.24$4,416
May 1998222,60812.622.21$6,032
Apr 1998432,84813.042.51$7,696
Mar 1998192,35912.802.31$5,691
Feb 1998432,01513.952.30$5,233
Jan 1998592,81114.702.15$6,924
Dec 1997522,76516.322.41$7,515
Nov 199703,12418.193.09$9,648
Oct 199702,56319.253.15$8,073
Sep 1997542,13017.742.95$7,252
Aug 199702,40617.862.55$6,147
Jul 1997533,59017.582.25$8,998
Jun 199702,75117.242.26$6,210
May 1997555,19418.972.31$13,034
Apr 1997373,06817.882.08$7,052
Mar 199702,55918.951.94$4,962
Feb 1997321,63720.492.21$4,267
Jan 199701,15123.483.54$4,074
Dec 1996251,90323.32$583
Nov 199601,94121.97$0
Oct 1996271,81123.31$629
Sep 1996271,86022.22$600
Aug 199602,24920.26$0
Jul 1996282,43419.55$547
Jun 1996252,09418.73$468
May 1996251,96119.43$486
Apr 199601,97221.51$0
Mar 1996231,79019.38$446
Feb 1996212,28116.98$357
Jan 1996202,07117.07$341
Dec 1995242,11117.19$413
Nov 199502,00816.00$0
Oct 1995222,51315.43$339
Sep 1995172,43316.18$275
Aug 199502,51215.92$0
Jul 1995192,49715.24$290
Jun 1995192,30416.41$312
May 199502,67117.56$0
Apr 1995283,05017.73$496
Mar 1995643,01416.44$1,052
Feb 199502,66316.58$0
Jan 1995562,88915.92$892
Dec 1994222,49115.03$331
Nov 1994232,72415.90$366
Oct 199402,90815.58$0
Sep 1994222,74415.29$336
Aug 1994322,88416.13$516
Jul 1994122,90817.56$211
Jun 1994121,00317.09$205
May 1994221,94715.88$349
Apr 1994622,66414.14$877
Mar 1994293,12312.46$361
Feb 199403,03712.50$0
Jan 1994831,94112.66$1,051
Dec 19931072,65812.33$1,319
Nov 1993562,67614.49$811
Oct 1993413,14315.85$650
Sep 1993943,08815.03$1,413
Aug 1993613,83215.66$955
Jul 199303,02215.46$0
Jun 19931223,12016.79$2,048
May 199303,47417.68$0
Apr 1993623,03918.05$1,119
Mar 199303,59018.14$0
Feb 1993293,56617.90$519
Jan 1993263,84016.93$440

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.

Dec 2018 — as filed, then multipliedworked
Condensate             7 bbl  × $ 46.59 =       $326
Gas                    0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                     $326

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/132625 is the state's own key, not one this site invented.