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 135304District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$24 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 Gas112003-10-10153334
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
CondensateDisposition1,780 bbl$58,186
GasProduction420,429 Mcf$1,111,263
Total$1,169,450

157,403 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 27.2119, -99.1937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21190, -99.19375 · 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
9,800 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 9,800 ft.

Completions filed
Jul 1990
1 of 1 wells

1 well

42-5053266099,800 ftJul 1990

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 20260471106.413.05$1,435
Apr 2026045298.932.87$1,297
Mar 20261446389.753.15$2,715
Feb 2026035563.503.75$1,331
Jan 2026056159.138.00$4,487
Dec 2025035856.664.41$1,580
Nov 2025857458.593.93$2,723
Oct 2025045059.383.30$1,487
Sep 2025052562.743.08$1,615
Aug 2025055963.933.01$1,685
Jul 2025059066.743.32$1,956
Jun 2025067966.483.13$2,124
May 20251654960.553.23$2,743
Apr 2025050762.363.54$1,796
Mar 20251066467.704.27$3,511
Feb 2025059370.884.34$2,574
Jan 2025064674.324.28$2,764
Dec 20241397968.993.12$3,953
Nov 2024070269.052.20$1,543
Oct 202401,24271.372.28$2,834
Sep 202401,54769.612.36$3,658
Aug 2024032575.632.06$671
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 20230171.262.61$3
Nov 20230077.892.81$0
Oct 2023023385.443.09$719
Sep 2023011689.042.74$317
Aug 2023022080.522.67$588
Jul 2023079874.852.64$2,108
Jun 2023131,38068.962.26$4,013
May 2023151,49470.622.23$4,387
Apr 202301,33378.122.24$2,983
Mar 202301,07172.852.39$2,563
Feb 2023523375.112.47$950
Jan 2023027776.533.39$938
Dec 2022025776.415.73$1,472
Nov 2022629285.005.65$2,159
Oct 2022043187.185.86$2,527
Sep 2022082584.888.16$6,735
Aug 2022020094.529.13$1,825
Jul 20220206101.587.54$1,554
Jun 20225263115.097.98$2,673
May 20227651109.378.43$6,256
Apr 20220403104.226.84$2,756
Mar 20220156108.885.08$792
Feb 2022017991.054.86$870
Jan 2022728781.844.54$1,875
Dec 2021099171.323.90$3,864
Nov 202105777.435.24$299
Oct 202158279.795.71$867
Sep 2021010869.865.35$578
Aug 2021011666.024.22$490
Jul 2021913970.783.98$1,191
Jun 2021012469.493.38$419
May 2021019563.483.02$588
Apr 2021728060.362.76$1,195
Mar 202101,24461.302.72$3,380
Feb 2021647757.805.55$2,993
Jan 2021014650.412.81$410
Dec 2020218344.642.68$579
Nov 2020020038.772.71$541
Oct 2020677836.972.48$2,150
Sep 202002,07937.091.99$4,139
Aug 202001,68339.982.39$4,014
Jul 202092,48238.371.83$4,875
Jun 2020011634.901.69$196
May 202007816.921.81$142
Apr 2020110914.751.80$211
Mar 2020010730.341.86$199
Feb 2020111149.881.98$270
Jan 202008657.252.09$180
Dec 2019010559.012.30$242
Nov 2019110655.302.75$347
Oct 2019011953.472.42$288
Sep 2019014055.052.66$372
Aug 2019022053.112.30$507
Jul 2019015156.272.46$371
Jun 2019014652.782.49$364
May 2019115258.482.74$475
Apr 2019224962.632.75$810
Mar 2019013956.803.06$426
Feb 2019017150.852.79$477
Jan 2019112746.033.23$456
Dec 2018016846.594.19$703
Nov 2018027752.934.24$1,174
Oct 201805461.443.40$184
Sep 201818959.543.11$336
Aug 2018010359.403.07$316
Jul 2018010165.142.93$296
Jun 2018013660.183.08$418
May 2018114865.382.90$495
Apr 2018012063.842.90$348
Mar 2018023461.222.79$652
Feb 2018117861.782.77$554
Jan 2018022562.874.01$902
Dec 2017021357.272.92$622
Nov 2017021855.423.12$680
Oct 2017028749.292.98$856
Sep 2017232247.523.09$1,089
Aug 2017031345.373.00$940
Jul 2017128843.873.09$933
Jun 2017031842.493.09$982
May 2017027445.373.26$894
Apr 2017135447.933.21$1,185
Mar 2017021346.772.98$636
Feb 2017230750.452.95$1,007
Jan 2017027549.413.42$940
Dec 2016032548.763.72$1,210
Nov 2016232042.492.64$931
Oct 2016031046.193.09$958
Sep 2016027341.553.10$846
Aug 2016029841.442.92$871
Jul 2016230441.622.92$972
Jun 2016027445.352.69$736
May 2016023442.521.99$466
Apr 2016226536.561.99$601
Mar 2016032833.011.79$588
Feb 2016027426.472.06$565
Jan 2016234627.352.36$873
Dec 2015029432.362.00$588
Nov 2015032138.792.17$696
Oct 2015232443.552.43$873
Sep 2015027942.992.76$770
Aug 2015030740.162.87$882
Jul 2015036248.152.95$1,066
Jun 2015044356.152.88$1,277
May 2015350855.212.96$1,667
Apr 2015077649.822.71$2,100
Mar 201571,79142.892.93$5,556
Feb 2015132,45344.662.98$7,881
Jan 2015122,35943.433.10$7,836
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 20120089.383.40$0
Sep 201208094.672.92$233
Aug 2012051192.662.91$1,486
Jul 2012079585.133.02$2,402
Jun 201201,07879.822.52$2,716
May 201211,79091.612.49$4,546
Apr 20123715101.652.00$1,733
Mar 20122374105.052.22$1,041
Feb 20123398101.102.57$1,326
Jan 2012537598.092.73$1,516
Dec 2011535196.873.24$1,622
Nov 2011331995.723.31$1,343
Oct 2011238184.983.65$1,560
Sep 2011432283.623.99$1,618
Aug 2011238983.404.15$1,781
Jul 2011337594.144.52$1,976
Jun 20111371192.904.64$4,507
May 2011982198.134.40$4,500
Apr 20115746105.964.33$3,762
Mar 2011486996.364.06$3,911
Feb 2011076085.644.18$3,177
Jan 2011571586.504.59$3,713
Dec 2010045985.734.35$1,996
Nov 2010067280.843.80$2,550
Oct 2010672678.103.51$3,016
Sep 2010075672.633.98$3,008
Aug 20101976673.684.42$4,785
Jul 20101691672.554.74$5,499
Jun 2010079170.364.91$3,884
May 20102980171.124.24$5,455
Apr 2010076481.694.12$3,150
Mar 2010975078.394.39$3,997
Feb 2010063573.585.44$3,456
Jan 2010063774.365.96$3,799
Dec 2009767771.445.48$4,213
Nov 2009784574.593.75$3,692
Oct 2009081672.544.11$3,354
Sep 2009575965.543.06$2,654
Aug 2009072067.423.22$2,317
Jul 2009080661.133.46$2,792
Jun 2009375566.163.90$3,139
May 2009048554.743.93$1,904
Apr 2009062746.773.59$2,249
Mar 2009362542.144.06$2,663
Feb 2009064132.814.63$2,970
Jan 2009679835.865.37$4,501
Dec 2008847837.105.98$3,154
Nov 2008079455.496.86$5,447
Oct 20081984875.246.92$7,299
Sep 20080779101.767.88$6,136
Aug 20080845114.228.48$7,168
Jul 20080753131.0811.39$8,576
Jun 200815893131.3313.03$13,608
May 20080967123.1711.57$11,192
Apr 20080824110.3110.45$8,615
Mar 20080865101.909.66$8,359
Feb 20081779392.538.77$8,528
Jan 2008084090.388.21$6,893
Dec 2007082188.337.30$5,995
Nov 20071184691.677.29$7,177
Oct 2007089482.856.92$6,188
Sep 2007084875.846.24$5,295
Aug 2007087669.066.39$5,596
Jul 2007080070.906.39$5,110
Jun 2007081862.007.55$6,175
May 2007084458.747.85$6,622
Apr 2007079559.617.81$6,205
Mar 2007088556.927.30$6,462
Feb 2007074855.108.22$6,146
Jan 2007086450.306.73$5,812
Dec 2006089856.656.92$6,213
Nov 2006089354.207.62$6,802
Oct 2006092254.906.01$5,545
Sep 2006087760.085.04$4,418
Aug 2006090468.717.34$6,635
Jul 2006085669.376.34$5,429
Jun 2006067966.286.38$4,335
May 2006083966.016.42$5,391
Apr 2006094364.397.36$6,941
Mar 200601,02456.707.08$7,253
Feb 2006094057.597.75$7,286
Jan 2006079260.598.93$7,075
Dec 2005078554.9413.42$10,531
Nov 2005065554.6910.59$6,935
Oct 2005080558.3413.80$11,106
Sep 2005090961.4512.08$10,980
Aug 2005088761.519.80$8,690
Jul 2005098855.697.84$7,750
Jun 2005089452.337.38$6,599
May 2005095945.226.65$6,378
Apr 2005080649.207.36$5,933
Mar 2005085350.377.15$6,103
Feb 2005083845.226.31$5,289
Jan 200501,02943.166.32$6,506
Dec 200401,00839.866.75$6,805
Nov 200401,05845.286.33$6,698
Oct 200401,11149.706.52$7,238
Sep 200401,13443.245.28$5,992
Aug 200401,14042.375.55$6,328
Jul 200401,09838.286.08$6,680
Jun 200401,10736.106.43$7,121
May 200401,12637.486.49$7,313
Apr 200401,14434.475.86$6,702
Mar 200401,11534.365.53$6,166
Feb 200401,03832.455.51$5,719
Jan 20040032.036.30$0
Dec 2003098530.266.30$6,207
Nov 2003091528.804.60$4,205
Oct 200301,06028.174.76$5,045
Sep 200301,08226.314.75$5,139
Aug 200301,21429.765.13$6,227
Jul 200301,24229.415.17$6,422
Jun 200301,33828.565.98$8,005
May 200301,37426.595.97$8,206
Apr 200301,42026.675.41$7,678
Mar 200301,35431.146.10$8,254
Feb 200301,22933.487.93$9,741
Jan 200301,50430.315.58$8,395
Dec 200201,35126.914.85$6,557
Nov 200201,15424.664.14$4,774
Oct 200201,19026.464.23$5,033
Sep 200201,33227.443.64$4,842
Aug 200291,64725.963.16$5,445
Jul 200291,36024.583.06$4,385
Jun 20021076523.733.34$2,791
May 2002121,22324.663.58$4,679
Apr 2002171,29623.653.51$4,954
Mar 200251,17122.003.10$3,743
Feb 2002131,08318.222.38$2,810
Jan 200241,08217.172.38$2,639
Dec 2001388016.932.36$2,131
Nov 200131,02618.072.41$2,522
Oct 200131,03219.782.53$2,669
Sep 2001393224.262.25$2,171
Aug 200111,03624.873.05$3,188
Jul 200101,25123.933.20$4,000
Jun 200101,35824.563.82$5,193
May 200101,30825.524.31$5,634
Apr 200101,22624.685.34$6,541
Mar 200101,11024.545.38$5,968
Feb 200101,27127.755.77$7,330
Jan 200101,31327.478.40$11,028
Dec 2000098326.889.12$8,967
Nov 200001,08832.215.66$6,156
Oct 200001,26131.235.15$6,488
Sep 200001,19731.875.19$6,208
Aug 200001,51729.644.54$6,888
Jul 200061,54928.534.09$6,506
Jun 2000181,32329.304.40$6,345
May 2000212,29227.263.68$9,006
Apr 2000261,26224.513.12$4,570
Mar 2000121,59828.422.86$4,911
Feb 200041,36427.622.73$3,829
Jan 200002,09525.272.48$5,197
Dec 199971,74724.282.42$4,404
Nov 199921,53023.192.43$3,770
Oct 199941,50620.982.80$4,306
Sep 199961,63621.752.62$4,415
Aug 199931,10519.262.88$3,235
Jul 199901,18117.892.37$2,802
Jun 199901,38515.942.36$3,272
May 199901,07315.792.32$2,490
Apr 199901,50615.102.21$3,325
Mar 199901,74012.471.84$3,199
Feb 199902,3469.981.82$4,265
Jan 199902,29710.381.90$4,364
Dec 199801,3939.201.77$2,470
Nov 199801,27410.892.19$2,785
Oct 199801,89712.421.97$3,736
Sep 199801,52312.592.08$3,172
Aug 199802,27211.301.91$4,334
Jul 199852,11611.742.24$4,793
Jun 19981389511.242.24$2,148
May 1998191,37312.622.21$3,269
Apr 1998271,89613.042.51$5,102
Mar 199881,39012.802.31$3,313
Feb 1998451,28213.952.30$3,575
Jan 1998511,91514.702.15$4,876
Dec 1997552,21216.322.41$6,231
Nov 1997412,14118.193.09$7,358
Oct 1997421,70719.253.15$6,185
Sep 1997431,62217.742.95$5,556
Aug 1997401,95017.862.55$5,696
Jul 1997411,97717.582.25$5,163
Jun 1997351,95417.242.26$5,014
May 1997651,87318.972.31$5,557
Apr 1997311,91017.882.08$4,532
Mar 1997462,10718.951.94$4,957
Feb 1997321,88420.492.21$4,812
Jan 1997142,01823.483.54$7,472
Dec 199602,23123.32$0
Nov 199602,27621.97$0
Oct 199602,37623.31$0
Sep 199602,14722.22$0
Aug 199602,47320.26$0
Jul 199602,55019.55$0
Jun 199602,55018.73$0
May 199602,57719.43$0
Apr 199602,52021.51$0
Mar 199602,61319.38$0
Feb 199602,69116.98$0
Jan 199662,70117.07$102
Dec 1995142,91117.19$241
Nov 199592,52216.00$144
Oct 199592,86315.43$139
Sep 199592,68716.18$146
Aug 199592,87915.92$143
Jul 199592,79915.24$137
Jun 1995202,69416.41$328
May 1995162,71717.56$281
Apr 1995292,71917.73$514
Mar 1995243,06916.44$395
Feb 1995222,86616.58$365
Jan 1995323,28515.92$509
Dec 1994393,33815.03$586
Nov 1994573,73415.90$906
Oct 1994242,83315.58$374
Sep 1994403,24315.29$612
Aug 1994244,00616.13$387
Jul 199423,82217.56$35
Jun 199423,63117.09$34
May 199433,79515.88$48
Apr 199433,46714.14$42
Mar 199434,28712.46$37
Feb 199433,53912.50$38
Jan 199423,61212.66$25
Dec 199304,42512.33$0
Nov 199305,24214.49$0
Oct 199305,85215.85$0
Sep 199304,38915.03$0
Aug 199314,39415.66$16
Jul 199333,47615.46$46
Jun 199333,34216.79$50
May 199333,13017.68$53
Apr 199343,45318.05$72
Mar 199343,27918.14$73
Feb 199364,70617.90$107
Jan 1993194,69216.93$322

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                  471 Mcf  × $  3.05 =     $1,435

────────────────────────────────────────────────────
Month total                                   $1,435

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/135304 is the state's own key, not one this site invented.