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 136476District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$49 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 Gas112003-10-10153333
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
CondensateDisposition11,104 bbl$279,012
GasProduction1,561,495 Mcf$4,027,278
Total$4,306,291

563,728 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 27.2173, -99.1874. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21730, -99.18743 · 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
Nov 1990
1 of 1 wells

1 well

42-50532719109,800 ftNov 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 20260939106.413.05$2,860
Apr 2026083398.932.87$2,390
Mar 2026341,03589.753.15$6,311
Feb 202601,05663.503.75$3,960
Jan 202602,40659.138.00$19,243
Dec 2025039656.664.41$1,748
Nov 20251168158.593.93$3,318
Oct 2025047959.383.30$1,583
Sep 2025051262.743.08$1,575
Aug 2025055363.933.01$1,667
Jul 2025066266.743.32$2,195
Jun 2025056166.483.13$1,755
May 20253063060.553.23$3,853
Apr 2025068862.363.54$2,438
Mar 2025221,14667.704.27$6,381
Feb 202501,60770.884.34$6,976
Jan 202501,37974.324.28$5,900
Dec 2024281,91168.993.12$7,897
Nov 202402,09669.052.20$4,608
Oct 202401,92371.372.28$4,387
Sep 202404,22869.612.36$9,997
Aug 202401,00175.632.06$2,066
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 20230571.262.61$13
Nov 20230077.892.81$0
Oct 2023094985.443.09$2,930
Sep 2023056089.042.74$1,532
Aug 2023042980.522.67$1,147
Jul 2023098774.852.64$2,607
Jun 2023121,11168.962.26$3,337
May 2023191,02670.622.23$3,627
Apr 202301,09678.122.24$2,453
Mar 202301,30872.852.39$3,130
Feb 20232098475.112.47$3,928
Jan 202301,23376.533.39$4,177
Dec 2022095176.415.73$5,448
Nov 2022211,22985.005.65$8,724
Oct 202201,04587.185.86$6,128
Sep 202201,18384.888.16$9,658
Aug 202201,28994.529.13$11,765
Jul 202201,320101.587.54$9,956
Jun 2022191,158115.097.98$11,424
May 2022211,579109.378.43$15,613
Apr 202201,339104.226.84$9,156
Mar 202201,031108.885.08$5,234
Feb 202201,19191.054.86$5,787
Jan 2022161,98181.844.54$10,299
Dec 2021085071.323.90$3,314
Nov 2021091177.435.24$4,771
Oct 2021131,46079.795.71$9,380
Sep 202101,29569.865.35$6,929
Aug 202101,10466.024.22$4,660
Jul 202181,30870.783.98$5,775
Jun 202101,93769.493.38$6,548
May 202101,37763.483.02$4,155
Apr 2021151,64760.362.76$5,449
Mar 202101,41261.302.72$3,836
Feb 2021171,67357.805.55$10,264
Jan 2021092050.412.81$2,585
Dec 2020161,26544.642.68$4,099
Nov 202001,70138.772.71$4,604
Oct 202061,48636.972.48$3,905
Sep 202001,37937.091.99$2,746
Aug 202001,49739.982.39$3,570
Jul 2020785238.371.83$1,824
Jun 2020064634.901.69$1,092
May 202001,25516.921.81$2,278
Apr 2020131,61414.751.80$3,104
Mar 202001,03730.341.86$1,925
Feb 202081,10149.881.98$2,580
Jan 202001,64357.252.09$3,442
Dec 201901,73559.012.30$3,998
Nov 2019111,60655.302.75$5,026
Oct 201901,54753.472.42$3,741
Sep 201901,34555.052.66$3,574
Aug 201901,85153.112.30$4,265
Jul 201901,62656.272.46$4,000
Jun 201901,65552.782.49$4,123
May 2019121,44058.482.74$4,648
Apr 201991,19962.632.75$3,862
Mar 201901,78956.803.06$5,478
Feb 201901,16350.852.79$3,247
Jan 2019101,27446.033.23$4,573
Dec 201801,24546.594.19$5,211
Nov 201801,29152.934.24$5,470
Oct 2018092661.443.40$3,147
Sep 2018121,41359.543.11$5,106
Aug 201801,33859.403.07$4,103
Jul 201801,44965.142.93$4,248
Jun 201801,54460.183.08$4,751
May 2018101,56365.382.90$5,188
Apr 201801,73963.842.90$5,044
Mar 201801,65661.222.79$4,615
Feb 2018121,66261.782.77$5,339
Jan 201801,58462.874.01$6,351
Dec 201701,86957.272.92$5,460
Nov 201701,88855.423.12$5,887
Oct 201701,94349.292.98$5,797
Sep 2017111,91147.523.09$6,423
Aug 201701,52345.373.00$4,576
Jul 201771,54243.873.09$5,068
Jun 201701,49942.493.09$4,628
May 201701,64745.373.26$5,375
Apr 2017111,60647.933.21$5,685
Mar 201701,64346.772.98$4,902
Feb 2017131,61850.452.95$5,433
Jan 201701,88549.413.42$6,444
Dec 201601,61748.763.72$6,020
Nov 2016131,66342.492.64$4,950
Oct 201601,56146.193.09$4,824
Sep 201601,65741.553.10$5,138
Aug 201601,65941.442.92$4,851
Jul 2016121,69941.622.92$5,468
Jun 201601,82145.352.69$4,891
May 201601,89842.521.99$3,779
Apr 2016111,94236.561.99$4,269
Mar 201602,26033.011.79$4,054
Feb 201601,83926.472.06$3,795
Jan 2016101,86127.352.36$4,674
Dec 201501,94432.362.00$3,891
Nov 201501,85738.792.17$4,025
Oct 2015121,99643.552.43$5,366
Sep 201501,66542.992.76$4,593
Aug 201501,90040.162.87$5,458
Jul 201501,68248.152.95$4,954
Jun 201501,44656.152.88$4,169
May 2015101,78455.212.96$5,825
Apr 201501,88449.822.71$5,099
Mar 2015132,34142.892.93$7,428
Feb 2015121,85444.662.98$6,054
Jan 2015122,29943.433.10$7,650
Dec 201402,64754.693.59$9,506
Nov 201402,36570.464.25$10,056
Oct 2014122,92778.303.90$12,358
Sep 201401,13686.164.05$4,596
Aug 201401,01589.394.04$4,096
Jul 201401,12396.564.18$4,694
Jun 2014511,95398.164.74$14,257
May 201401,72394.734.73$8,144
Apr 201401,60395.944.81$7,709
Mar 201402,19695.895.06$11,105
Feb 201401,78397.406.19$11,040
Jan 201402,05790.404.86$9,999
Dec 201302,21691.824.35$9,650
Nov 201302,30788.853.74$8,624
Oct 201301,84697.423.78$6,977
Sep 201302,066104.113.72$7,681
Aug 201302,510104.253.52$8,842
Jul 2013262,211102.523.72$10,885
Jun 201382,71494.403.93$11,430
May 2013132,15894.834.15$10,187
Apr 201381,92193.964.28$8,979
Mar 201332,21393.623.91$8,940
Feb 201381,92191.233.42$7,299
Jan 201302,32191.603.42$7,938
Dec 201292,84386.773.42$10,504
Nov 201231,42786.953.62$5,434
Oct 201232,16689.383.40$7,632
Sep 201233,01894.672.92$9,092
Aug 201241,41392.662.91$4,480
Jul 201291,65085.133.02$5,750
Jun 2012142,08479.822.52$6,367
May 2012112,41291.612.49$7,010
Apr 201282,193101.652.00$5,192
Mar 201232,950105.052.22$6,870
Feb 201232,027101.102.57$5,513
Jan 201281,23298.092.73$4,153
Dec 201191,62396.873.24$6,130
Nov 201151,96795.723.31$6,992
Oct 201152,23184.983.65$8,565
Sep 201192,60483.623.99$11,132
Aug 201142,45983.404.15$10,537
Jul 201142,51294.144.52$11,724
Jun 2011132,04692.904.64$10,701
May 2011182,56998.134.40$13,082
Apr 2011142,741105.964.33$13,361
Mar 2011183,20996.364.06$14,754
Feb 201102,31485.644.18$9,672
Jan 2011342,31486.504.59$13,559
Dec 201001,67685.734.35$7,287
Nov 201002,79280.843.80$10,597
Oct 2010322,07878.103.51$9,791
Sep 201002,85672.633.98$11,365
Aug 2010202,22173.684.42$11,289
Jul 2010192,82772.554.74$14,769
Jun 201002,52770.364.91$12,409
May 2010413,11371.124.24$16,100
Apr 201003,34081.694.12$13,770
Mar 2010123,26178.394.39$15,252
Feb 201002,34773.585.44$12,773
Jan 201001,91474.365.96$11,415
Dec 200991,38671.445.48$8,243
Nov 200982,03274.593.75$8,220
Oct 200901,29072.544.11$5,302
Sep 200961,78965.543.06$5,876
Aug 200901,55067.423.22$4,989
Jul 200901,99061.133.46$6,894
Jun 200921,48466.163.90$5,913
May 2009077754.743.93$3,050
Apr 200901,14846.773.59$4,118
Mar 200931,29242.144.06$5,371
Feb 200901,27632.814.63$5,912
Jan 200952,66635.865.37$14,498
Dec 2008666437.105.98$4,191
Nov 200801,32155.496.86$9,063
Oct 2008141,25675.246.92$9,747
Sep 200801,305101.767.88$10,280
Aug 200801,311114.228.48$11,121
Jul 200801,436131.0811.39$16,355
Jun 2008111,909131.3313.03$26,324
May 200801,682123.1711.57$19,468
Apr 20080988110.3110.45$10,329
Mar 200801,877101.909.66$18,139
Feb 2008181,66792.538.77$16,286
Jan 200803,04490.388.21$24,978
Dec 200702,56688.337.30$18,737
Nov 200772,94991.677.29$22,145
Oct 2007111,47282.856.92$11,101
Sep 200702,79075.846.24$17,421
Aug 2007162,38969.066.39$16,366
Jul 200701,82570.906.39$11,658
Jun 200702,38362.007.55$17,988
May 200701,79058.747.85$14,045
Apr 2007142,37759.617.81$19,388
Mar 200701,87756.927.30$13,706
Feb 200701,47555.108.22$12,119
Jan 200702,05650.306.73$13,830
Dec 200602,07556.656.92$14,356
Nov 200603,79454.207.62$28,901
Oct 200602,40954.906.01$14,487
Sep 200623,48360.085.04$17,665
Aug 200602,76468.717.34$20,288
Jul 200603,51069.376.34$22,263
Jun 200602,04666.286.38$13,061
May 2006182,28266.016.42$15,850
Apr 200602,98064.397.36$21,934
Mar 2006333,54556.707.08$26,980
Feb 200603,33857.597.75$25,873
Jan 2006273,69460.598.93$34,636
Dec 2005123,23254.9413.42$44,018
Nov 2005252,91554.6910.59$32,232
Oct 2005133,02958.3413.80$42,546
Sep 200592,78461.4512.08$34,181
Aug 200572,55061.519.80$25,413
Jul 200572,93355.697.84$23,395
Jun 200573,31852.337.38$24,857
May 2005142,85345.226.65$19,609
Apr 200503,13349.207.36$23,060
Mar 2005143,25350.377.15$23,980
Feb 200583,11145.226.31$19,998
Jan 2005293,52943.166.32$23,563
Dec 2004263,97239.866.75$27,852
Nov 2004113,89045.286.33$25,123
Oct 200463,80049.706.52$25,056
Sep 200493,65943.245.28$19,723
Aug 2004102,99542.375.55$17,048
Jul 2004373,22738.286.08$21,050
Jun 2004183,32536.106.43$22,040
May 2004203,48937.486.49$23,409
Apr 2004353,54534.475.86$21,975
Mar 2004163,71934.365.53$21,116
Feb 2004103,28532.455.51$18,424
Jan 2004213,58532.036.30$23,257
Dec 2003223,17730.266.30$20,686
Nov 200303,75328.804.60$17,246
Oct 2003103,62628.174.76$17,540
Sep 200393,36626.314.75$16,223
Aug 2003183,70729.765.13$19,552
Jul 200373,70129.415.17$19,343
Jun 200303,45328.565.98$20,659
May 200303,82026.595.97$22,816
Apr 200304,35726.675.41$23,560
Mar 200324,24931.146.10$25,964
Feb 200344,19433.487.93$33,375
Jan 2003154,54430.315.58$25,819
Dec 2002334,19026.914.85$21,225
Nov 2002354,80224.664.14$20,729
Oct 2002335,23326.464.23$23,004
Sep 2002324,94127.443.64$18,840
Aug 200294,53925.963.16$14,596
Jul 200204,42524.583.06$13,548
Jun 200204,71523.733.34$15,740
May 200204,43824.663.58$15,906
Apr 200204,09223.653.51$14,372
Mar 200204,31422.003.10$13,385
Feb 200204,02318.222.38$9,557
Jan 200204,08417.172.38$9,702
Dec 200104,32916.932.36$10,235
Nov 200103,77018.072.41$9,069
Oct 200104,72119.782.53$11,939
Sep 200104,84324.262.25$10,903
Aug 200175,19724.873.05$16,041
Jul 2001544,99623.933.20$17,265
Jun 2001355,11924.563.82$20,435
May 2001654,48125.524.31$20,960
Apr 2001484,36124.685.34$24,452
Mar 2001554,64524.545.38$26,323
Feb 2001593,74427.755.77$23,229
Jan 2001385,36827.478.40$46,128
Dec 2000455,63526.889.12$52,615
Nov 2000624,17632.215.66$25,625
Oct 2000284,93931.235.15$26,288
Sep 2000625,15331.875.19$28,702
Aug 2000395,82529.644.54$27,606
Jul 2000404,61728.534.09$20,024
Jun 2000394,92829.304.40$22,812
May 2000445,89427.263.68$22,888
Apr 2000685,41524.513.12$18,540
Mar 20001305,94428.422.86$20,693
Feb 2000466,22027.622.73$18,229
Jan 200005,92125.272.48$14,687
Dec 1999916,19224.282.42$17,217
Nov 1999306,02623.192.43$15,363
Oct 1999485,93920.982.80$17,658
Sep 19991046,09421.752.62$18,221
Aug 1999466,97119.262.88$20,932
Jul 1999306,74317.892.37$16,534
Jun 1999156,67915.942.36$16,016
May 1999307,05015.792.32$16,837
Apr 1999146,12515.102.21$13,736
Mar 199906,42212.471.84$11,806
Feb 1999316,4059.981.82$11,952
Jan 1999427,02210.381.90$13,777
Dec 19981167,3839.201.77$14,160
Nov 19981047,63710.892.19$17,825
Oct 1998517,13112.421.97$14,676
Sep 19981047,38312.592.08$16,685
Aug 1998988,47611.301.91$17,274
Jul 199807,34911.742.24$16,442
Jun 199806,84111.242.24$15,305
May 199807,83912.622.21$17,296
Apr 199807,64913.042.51$19,163
Mar 199807,88312.802.31$18,205
Feb 199807,92113.952.30$18,211
Jan 199809,50314.702.15$20,477
Dec 199707,53316.322.41$18,163
Nov 199707,91118.193.09$24,431
Oct 199709,24219.253.15$29,111
Sep 199708,58317.742.95$25,362
Aug 199709,21417.862.55$23,539
Jul 199709,78217.582.25$21,980
Jun 1997319,88817.242.26$22,854
May 1997879,36718.972.31$23,274
Apr 1997429,50417.882.08$20,546
Mar 19976310,51118.951.94$21,576
Feb 1997469,60120.492.21$22,121
Jan 19977010,53723.483.54$38,941
Dec 19963211,06523.32$746
Nov 19963111,25721.97$681
Oct 19965012,23023.31$1,166
Sep 19964611,97222.22$1,022
Aug 19962513,55920.26$507
Jul 199614211,22319.55$2,776
Jun 19962738,84518.73$5,113
May 19961998,29419.43$3,867
Apr 19962677,47321.51$5,743
Mar 19962617,85819.38$5,058
Feb 19962748,47916.98$4,653
Jan 19962868,33217.07$4,882
Dec 19952297,95417.19$3,937
Nov 19951558,31916.00$2,480
Oct 19951478,11115.43$2,268
Sep 19951518,48216.18$2,443
Aug 19951629,27215.92$2,579
Jul 19951759,37915.24$2,667
Jun 1995919,23816.41$1,493
May 19954710,19317.56$825
Apr 1995879,78017.73$1,543
Mar 19957510,82916.44$1,233
Feb 19956711,15616.58$1,111
Jan 19952211,69415.92$350
Dec 1994411,89015.03$60
Nov 1994613,25215.90$95
Oct 1994310,06915.58$47
Sep 1994513,23615.29$76
Aug 19946814,18516.13$1,097
Jul 19948812,23317.56$1,545
Jun 19949210,64517.09$1,572
May 199412112,04515.88$1,921
Apr 19941159,36214.14$1,626
Mar 199412210,98212.46$1,520
Feb 19941369,50012.50$1,700
Jan 199425811,79312.66$3,266
Dec 199331014,72512.33$3,822
Nov 199324414,87814.49$3,536
Oct 199333317,21515.85$5,278
Sep 199311212,94315.03$1,683
Aug 199314814,79515.66$2,318
Jul 199314414,22415.46$2,226
Jun 199315816,18616.79$2,653
May 199322316,27617.68$3,943
Apr 199322417,34618.05$4,043
Mar 199323715,29418.14$4,299
Feb 199325115,83817.90$4,493
Jan 199330519,82216.93$5,164

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                  939 Mcf  × $  3.05 =     $2,860

────────────────────────────────────────────────────
Month total                                   $2,860

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/136476 is the state's own key, not one this site invented.