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 136399District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 Gas112003-10-10153337
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
CondensateDisposition3,081 bbl$54,915
GasProduction736,832 Mcf$1,285,863
Total$1,340,778

438,092 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 27.2001, -99.1861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20011, -99.18609 · 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
11,898 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 11,898 ft.

Completions filed
Oct 1990
1 of 1 wells

1 well

42-50531920211,898 ftOct 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
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 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20221081.844.54$82
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20214079.795.71$319
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20217070.783.98$495
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202010044.642.68$446
Nov 20200038.772.71$0
Oct 20206036.972.48$222
Sep 20200037.091.99$0
Aug 202025039.982.39$1,000
Jul 202010038.371.83$384
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202003330.341.86$61
Feb 20205049.881.98$249
Jan 20200057.252.09$0
Dec 201902259.012.30$51
Nov 20190355.302.75$8
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
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 20180046.594.19$0
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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201501143.552.43$27
Sep 201504042.992.76$110
Aug 201504540.162.87$129
Jul 201505348.152.95$156
Jun 201502056.152.88$58
May 201505455.212.96$160
Apr 201505549.822.71$149
Mar 201506942.892.93$202
Feb 201505544.662.98$164
Jan 201506143.433.10$189
Dec 201407554.693.59$269
Nov 201409070.464.25$383
Oct 201402878.303.90$109
Sep 2014018386.164.05$740
Aug 2014012689.394.04$508
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140894.734.73$38
Apr 20140995.944.81$43
Mar 20140095.895.06$0
Feb 201401197.406.19$68
Jan 20140890.404.86$39
Dec 201303591.824.35$152
Nov 20130388.853.74$11
Oct 201301297.423.78$45
Sep 2013087104.113.72$323
Aug 2013034104.253.52$120
Jul 2013069102.523.72$257
Jun 2013020894.403.93$818
May 2013015294.834.15$631
Apr 2013019793.964.28$844
Mar 2013019293.623.91$751
Feb 201309791.233.42$332
Jan 2013019191.603.42$653
Dec 2012018586.773.42$633
Nov 2012014286.953.62$515
Oct 2012017189.383.40$581
Sep 2012025994.672.92$756
Aug 2012024792.662.91$718
Jul 2012037685.133.02$1,136
Jun 2012046079.822.52$1,159
May 2012036491.612.49$906
Apr 20121391101.652.00$882
Mar 20121443105.052.22$1,089
Feb 20121756101.102.57$2,044
Jan 2012279498.092.73$2,367
Dec 2011268096.873.24$2,397
Nov 2011174495.723.31$2,559
Oct 2011182084.983.65$3,077
Sep 2011283183.623.99$3,479
Aug 2011188383.404.15$3,747
Jul 2011186294.144.52$3,988
Jun 2011286292.904.64$4,185
May 2011185998.134.40$3,882
Apr 20111884105.964.33$3,937
Mar 2011097796.364.06$3,964
Feb 2011086785.644.18$3,624
Jan 2011083086.504.59$3,809
Dec 2010055785.734.35$2,422
Nov 2010077280.843.80$2,930
Oct 2010080978.103.51$2,839
Sep 2010091172.633.98$3,625
Aug 2010090673.684.42$4,004
Jul 2010092172.554.74$4,362
Jun 2010086570.364.91$4,248
May 201001,03671.124.24$4,388
Apr 201001,03581.694.12$4,267
Mar 201001,07778.394.39$4,727
Feb 2010088873.585.44$4,833
Jan 2010093174.365.96$5,553
Dec 200901,03571.445.48$5,676
Nov 200901,13274.593.75$4,247
Oct 200901,01472.544.11$4,168
Sep 2009195565.543.06$2,992
Aug 2009082067.423.22$2,639
Jul 2009099561.133.46$3,447
Jun 2009292166.163.90$3,720
May 2009052154.743.93$2,045
Apr 2009071746.773.59$2,572
Mar 2009178942.144.06$3,245
Feb 2009068932.814.63$3,192
Jan 2009071735.865.37$3,851
Dec 2008051337.105.98$3,066
Nov 2008084955.496.86$5,824
Oct 2008086575.246.92$5,988
Sep 20080882101.767.88$6,948
Aug 20080920114.228.48$7,804
Jul 20080937131.0811.39$10,672
Jun 200801,050131.3313.03$13,684
May 200801,019123.1711.57$11,794
Apr 200801,106110.3110.45$11,563
Mar 200801,158101.909.66$11,191
Feb 2008097292.538.77$8,525
Jan 200801,09590.388.21$8,985
Dec 200701,02188.337.30$7,455
Nov 2007099091.677.29$7,219
Oct 200701,07982.856.92$7,469
Sep 200701,32075.846.24$8,242
Aug 200711,25269.066.39$8,067
Jul 200701,24470.906.39$7,947
Jun 200701,07762.007.55$8,130
May 200701,07758.747.85$8,450
Apr 200701,02459.617.81$7,993
Mar 2007083856.927.30$6,119
Feb 2007077255.108.22$6,343
Jan 200701,00750.306.73$6,774
Dec 200601,16256.656.92$8,039
Nov 200601,19554.207.62$9,103
Oct 200601,26754.906.01$7,619
Sep 2006079960.085.04$4,025
Aug 2006091368.717.34$6,701
Jul 200601,09469.376.34$6,939
Jun 2006082766.286.38$5,279
May 2006099166.016.42$6,367
Apr 200601,11164.397.36$8,177
Mar 200601,20656.707.08$8,542
Feb 200601,19657.597.75$9,270
Jan 200601,42360.598.93$12,712
Dec 200501,07054.9413.42$14,354
Nov 2005092954.6910.59$9,837
Oct 2005088358.3413.80$12,182
Sep 2005094461.4512.08$11,403
Aug 200501,05161.519.80$10,296
Jul 200501,24455.697.84$9,757
Jun 200501,17552.337.38$8,673
May 200501,10045.226.65$7,316
Apr 200501,16449.207.36$8,568
Mar 200501,21150.377.15$8,665
Feb 200501,10945.226.31$7,000
Jan 200501,43643.166.32$9,079
Dec 200401,35939.866.75$9,175
Nov 200401,37945.286.33$8,730
Oct 200401,53249.706.52$9,981
Sep 200401,48243.245.28$7,831
Aug 200401,28442.375.55$7,127
Jul 200401,32138.286.08$8,037
Jun 200401,39036.106.43$8,942
May 200401,43537.486.49$9,320
Apr 200401,45134.475.86$8,501
Mar 200401,50734.365.53$8,334
Feb 200401,45132.455.51$7,994
Jan 200401,38632.036.30$8,731
Dec 200301,27930.266.30$8,060
Nov 200301,20228.804.60$5,523
Oct 200301,48828.174.76$7,082
Sep 200301,45226.314.75$6,896
Aug 200301,54829.765.13$7,941
Jul 200301,53729.415.17$7,948
Jun 200301,83428.565.98$10,973
May 200301,67626.595.97$10,010
Apr 200301,75026.675.41$9,463
Mar 200301,75331.146.10$10,686
Feb 200301,69333.487.93$13,419
Jan 200321,85530.315.58$10,415
Dec 200221,71426.914.85$8,373
Nov 200221,64824.664.14$6,867
Oct 200221,84526.464.23$7,856
Sep 200221,99127.443.64$7,293
Aug 200211,83925.963.16$5,845
Jul 200202,04824.583.06$6,270
Jun 200201,97023.733.34$6,576
May 200202,16824.663.58$7,770
Apr 200201,95123.653.51$6,853
Mar 200201,80122.003.10$5,588
Feb 200291,25418.222.38$3,143
Jan 2002201,22617.172.38$3,256
Dec 2001151,51816.932.36$3,843
Nov 200181,74818.072.41$4,349
Oct 2001669019.782.53$1,864
Sep 20011193124.262.25$2,363
Aug 200161,35124.873.05$4,274
Jul 200101,72823.933.20$5,525
Jun 200102,01224.563.82$7,694
May 200101,74525.524.31$7,516
Apr 200101,80324.685.34$9,620
Mar 200101,94024.545.38$10,430
Feb 200101,90527.755.77$10,986
Jan 200102,13227.478.40$17,906
Dec 200001,99526.889.12$18,199
Nov 200001,18532.215.66$6,705
Oct 200001,59431.235.15$8,202
Sep 200001,05631.875.19$5,477
Aug 200001,50529.644.54$6,834
Jul 200031,82728.534.09$7,558
Jun 200081,59429.304.40$7,244
May 2000112,69827.263.68$10,228
Apr 2000162,26624.513.12$7,453
Mar 2000402,56628.422.86$8,475
Feb 2000191,82327.622.73$5,495
Jan 200001,95925.272.48$4,859
Dec 1999412,45224.282.42$6,938
Nov 1999132,54823.192.43$6,503
Oct 1999203,27120.982.80$9,591
Sep 1999432,37721.752.62$7,160
Aug 1999182,80319.262.88$8,407
Jul 199902,46117.892.37$5,838
Jun 199902,38615.942.36$5,636
May 199902,46115.792.32$5,712
Apr 199902,20515.102.21$4,869
Mar 199903,16812.471.84$5,824
Feb 199903,3969.981.82$6,173
Jan 199903,81510.381.90$7,248
Dec 199803,4679.201.77$6,148
Nov 199802,82010.892.19$6,164
Oct 199802,70712.421.97$5,331
Sep 199802,34212.592.08$4,878
Aug 199802,59111.301.91$4,942
Jul 199802,31011.742.24$5,168
Jun 199802,67511.242.24$5,985
May 199802,77612.622.21$6,125
Apr 199802,71813.042.51$6,809
Mar 199803,20712.802.31$7,406
Feb 199802,43613.952.30$5,601
Jan 199803,09114.702.15$6,660
Dec 199703,96516.322.41$9,560
Nov 199703,22518.193.09$9,960
Oct 199703,73519.253.15$11,765
Sep 199703,46117.742.95$10,227
Aug 199703,80617.862.55$9,723
Jul 199703,94717.582.25$8,869
Jun 199703,51317.242.26$7,930
May 199703,55218.972.31$8,200
Apr 199703,75317.882.08$7,817
Mar 199703,92618.951.94$7,613
Feb 199703,69620.492.21$8,153
Jan 199704,00523.483.54$14,177
Dec 199604,13423.32$0
Nov 199604,27421.97$0
Oct 199604,60123.31$0
Sep 199604,46822.22$0
Aug 199604,90520.26$0
Jul 199605,25319.55$0
Jun 199604,60318.73$0
May 199605,31719.43$0
Apr 199605,10821.51$0
Mar 199605,62419.38$0
Feb 199605,85816.98$0
Jan 1996266,27917.07$444
Dec 1995647,20917.19$1,100
Nov 1995437,25416.00$688
Oct 1995497,11015.43$756
Sep 1995509,53016.18$809
Aug 1995509,08115.92$796
Jul 1995539,31215.24$808
Jun 1995148,82716.41$230
May 199548,56617.56$70
Apr 199578,76417.73$124
Mar 1995611,13216.44$99
Feb 199542,68616.58$66
Jan 1995149,48415.92$223
Dec 19941810,49715.03$271
Nov 19942710,53915.90$429
Oct 1994128,61415.58$187
Sep 19941910,67515.29$291
Aug 19941611,10616.13$258
Jul 1994911,39217.56$158
Jun 1994910,31017.09$154
May 19941211,03315.88$191
Apr 19941110,29514.14$156
Mar 19941011,37912.46$125
Feb 1994149,65212.50$175
Jan 199413810,95612.66$1,747
Dec 199325011,80812.33$3,083
Nov 199319312,37614.49$2,797
Oct 199325412,58215.85$4,026
Sep 19939911,16115.03$1,488
Aug 199312113,43315.66$1,895
Jul 19939511,35915.46$1,469
Jun 199310011,10116.79$1,679
May 199316313,93117.68$2,882
Apr 199315713,96118.05$2,834
Mar 199316612,42418.14$3,011
Feb 199317112,40317.90$3,061
Jan 199322515,72616.93$3,809

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.

Jan 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $ 81.84 =        $82
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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/136399 is the state's own key, not one this site invented.