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 137793District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$4 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 Gas112003-10-10153332
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
CondensateDisposition8,174 bbl$234,761
GasProduction1,293,355 Mcf$3,644,408
Total$3,879,170

458,891 Mcf of this lease's gas, across 46 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 27.2135, -99.1838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21345, -99.18384 · 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
Apr 1991
1 of 1 wells

1 well

42-50532754119,800 ftApr 1991

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 20260194106.413.05$591
Apr 2026012098.932.87$344
Mar 202635889.753.15$452
Feb 202605163.503.75$191
Jan 202605659.138.00$448
Dec 202505856.664.41$256
Nov 2025211958.593.93$584
Oct 202501459.383.30$46
Sep 202502162.743.08$65
Aug 202509063.933.01$271
Jul 202502666.743.32$86
Jun 2025010366.483.13$322
May 2025614460.553.23$829
Apr 2025015062.363.54$531
Mar 2025423867.704.27$1,287
Feb 2025034070.884.34$1,476
Jan 2025035874.324.28$1,532
Dec 2024437268.993.12$1,437
Nov 2024033069.052.20$725
Oct 2024060871.372.28$1,387
Sep 2024019969.612.36$471
Aug 202405275.632.06$107
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 20230271.262.61$5
Nov 20230077.892.81$0
Oct 2023015885.443.09$488
Sep 2023014689.042.74$399
Aug 2023023980.522.67$639
Jul 2023031174.852.64$822
Jun 2023435068.962.26$1,066
May 2023637370.622.23$1,255
Apr 2023041278.122.24$922
Mar 2023052472.852.39$1,254
Feb 2023417375.112.47$727
Jan 2023015376.533.39$518
Dec 2022011976.415.73$682
Nov 2022421185.005.65$1,531
Oct 2022026687.185.86$1,560
Sep 2022026884.888.16$2,188
Aug 2022031094.529.13$2,829
Jul 20220356101.587.54$2,685
Jun 20225346115.097.98$3,336
May 20224101109.378.43$1,289
Apr 20220226104.226.84$1,545
Mar 20220210108.885.08$1,066
Feb 2022029991.054.86$1,453
Jan 2022637181.844.54$2,175
Dec 2021036571.323.90$1,423
Nov 2021043377.435.24$2,268
Oct 2021843079.795.71$3,095
Sep 2021063469.865.35$3,392
Aug 2021071966.024.22$3,035
Jul 2021686270.783.98$3,857
Jun 2021085869.493.38$2,901
May 2021086163.483.02$2,598
Apr 20211089660.362.76$3,075
Mar 2021095361.302.72$2,589
Feb 2021877157.805.55$4,740
Jan 2021078150.412.81$2,195
Dec 20201189344.642.68$2,880
Nov 2020093338.772.71$2,525
Oct 202051,06736.972.48$2,829
Sep 202001,07237.091.99$2,134
Aug 202001,17239.982.39$2,795
Jul 2020696938.371.83$1,999
Jun 2020083034.901.69$1,403
May 2020086916.921.81$1,577
Apr 2020788314.751.80$1,697
Mar 2020097330.341.86$1,806
Feb 2020592449.881.98$2,080
Jan 2020097157.252.09$2,034
Dec 201901,03559.012.30$2,385
Nov 201971,02955.302.75$3,218
Oct 201901,05653.472.42$2,554
Sep 2019094655.052.66$2,514
Aug 2019097853.112.30$2,254
Jul 2019099956.272.46$2,458
Jun 2019092852.782.49$2,312
May 2019899158.482.74$3,184
Apr 2019779262.632.75$2,617
Mar 2019097856.803.06$2,995
Feb 2019089950.852.79$2,510
Jan 2019898746.033.23$3,554
Dec 201801,06846.594.19$4,470
Nov 2018098852.934.24$4,186
Oct 2018063061.443.40$2,141
Sep 201891,04559.543.11$3,784
Aug 2018098759.403.07$3,027
Jul 201801,03365.142.93$3,029
Jun 201801,06460.183.08$3,274
May 201871,19965.382.90$3,936
Apr 201801,07863.842.90$3,127
Mar 201801,15861.222.79$3,227
Feb 201881,09161.782.77$3,512
Jan 201801,07662.874.01$4,314
Dec 201701,21557.272.92$3,550
Nov 201701,18855.423.12$3,705
Oct 201701,14349.292.98$3,410
Sep 201791,16847.523.09$4,034
Aug 201701,21545.373.00$3,650
Jul 201761,33443.873.09$4,382
Jun 201701,27242.493.09$3,927
May 201701,38545.373.26$4,520
Apr 201781,26947.933.21$4,459
Mar 201701,37646.772.98$4,106
Feb 2017101,22650.452.95$4,124
Jan 201701,36949.413.42$4,680
Dec 201601,34348.763.72$5,000
Nov 201691,22742.492.64$3,627
Oct 201601,17146.193.09$3,619
Sep 201601,19641.553.10$3,708
Aug 201601,28241.442.92$3,749
Jul 201691,34141.622.92$4,296
Jun 201601,36345.352.69$3,661
May 201601,47442.521.99$2,935
Apr 201691,48036.561.99$3,276
Mar 201601,55933.011.79$2,797
Feb 201601,32726.472.06$2,738
Jan 201681,46427.352.36$3,680
Dec 201501,40932.362.00$2,820
Nov 201501,35338.792.17$2,932
Oct 201581,35443.552.43$3,634
Sep 201501,28742.992.76$3,550
Aug 201501,39240.162.87$3,999
Jul 201501,58848.152.95$4,677
Jun 201501,44056.152.88$4,151
May 2015101,72055.212.96$5,635
Apr 201501,65449.822.71$4,477
Mar 2015101,70542.892.93$5,433
Feb 2015101,53744.662.98$5,021
Jan 201591,66643.433.10$5,557
Dec 201401,38154.693.59$4,960
Nov 201401,31470.464.25$5,587
Oct 201461,36678.303.90$5,799
Sep 201401,23786.164.05$5,004
Aug 201401,41289.394.04$5,698
Jul 201401,48296.564.18$6,194
Jun 2014301,16698.164.74$8,468
May 201401,36094.734.73$6,428
Apr 201401,26595.944.81$6,084
Mar 201401,43595.895.06$7,257
Feb 201401,40997.406.19$8,725
Jan 201401,52690.404.86$7,417
Dec 201301,66191.824.35$7,233
Nov 201301,54288.853.74$5,764
Oct 201301,51797.423.78$5,733
Sep 201301,503104.113.72$5,588
Aug 201301,856104.253.52$6,538
Jul 20131351,765102.523.72$20,402
Jun 2013331,82694.403.93$10,298
May 2013551,89294.834.15$13,066
Apr 201301,89693.964.28$8,120
Mar 201301,96893.623.91$7,701
Feb 201301,68291.233.42$5,752
Jan 201301,69091.603.42$5,780
Dec 201201,72486.773.42$5,896
Nov 201201,58586.953.62$5,746
Oct 201201,71589.383.40$5,830
Sep 201201,79894.672.92$5,247
Aug 201201,78992.662.91$5,203
Jul 201201,88685.133.02$5,697
Jun 201201,79079.822.52$4,509
May 201211,78191.612.49$4,523
Apr 201261,769101.652.00$4,142
Mar 201241,787105.052.22$4,391
Feb 201252,357101.102.57$6,564
Jan 201282,01398.092.73$6,288
Dec 201181,81096.873.24$6,639
Nov 201141,80795.723.31$6,366
Oct 201142,00684.983.65$7,659
Sep 201171,89483.623.99$8,134
Aug 201132,07483.404.15$8,856
Jul 201132,10394.144.52$9,782
Jun 2011101,91192.904.64$9,796
May 201192,00598.134.40$9,715
Apr 201161,921105.964.33$8,960
Mar 201172,10596.364.06$9,215
Feb 201101,94285.644.18$8,118
Jan 2011112,06386.504.59$10,418
Dec 201001,61385.734.35$7,013
Nov 201002,07280.843.80$7,864
Oct 2010111,85978.103.51$7,382
Sep 201002,00672.633.98$7,983
Aug 2010202,07873.684.42$10,657
Jul 2010192,07272.554.74$11,192
Jun 201002,03670.364.91$9,998
May 2010382,26571.124.24$12,295
Apr 201002,22781.694.12$9,181
Mar 2010102,30878.394.39$10,913
Feb 201002,05073.585.44$11,157
Jan 201002,52774.365.96$15,071
Dec 200952,18671.445.48$12,345
Nov 200952,35074.593.75$9,189
Oct 200902,40172.544.11$9,869
Sep 2009102,20265.543.06$7,404
Aug 200902,13767.423.22$6,878
Jul 200902,52161.133.46$8,734
Jun 2009131,93166.163.90$8,381
May 200901,34154.743.93$5,264
Apr 200901,94446.773.59$6,974
Mar 2009102,09642.144.06$8,929
Feb 200902,04032.814.63$9,451
Jan 200941,73835.865.37$9,478
Dec 200851,31037.105.98$8,016
Nov 200802,31755.496.86$15,895
Oct 200862,27875.246.92$16,220
Sep 200802,453101.767.88$19,323
Aug 200802,488114.228.48$21,106
Jul 200802,274131.0811.39$25,900
Jun 200842,427131.3313.03$32,156
May 200802,409123.1711.57$27,882
Apr 200802,437110.3110.45$25,478
Mar 200802,729101.909.66$26,373
Feb 200842,55292.538.77$22,753
Jan 200802,63590.388.21$21,622
Dec 200702,59188.337.30$18,919
Nov 200722,46491.677.29$18,150
Oct 200722,62282.856.92$18,315
Sep 200702,84875.846.24$17,783
Aug 2007212,88969.066.39$19,905
Jul 200702,86770.906.39$18,314
Jun 200702,57162.007.55$19,407
May 200702,98258.747.85$23,398
Apr 2007322,96959.617.81$25,081
Mar 200703,16056.927.30$23,074
Feb 200702,67355.108.22$21,961
Jan 200703,17950.306.73$21,385
Dec 200603,36656.656.92$23,287
Nov 200602,92954.207.62$22,312
Oct 200603,16154.906.01$19,010
Sep 200642,96960.085.04$15,196
Aug 200603,06068.717.34$22,460
Jul 200603,24469.376.34$20,576
Jun 200602,39566.286.38$15,289
May 2006313,08166.016.42$21,842
Apr 200603,15964.397.36$23,252
Mar 2006453,30656.707.08$25,968
Feb 200603,10157.597.75$24,036
Jan 2006313,38760.598.93$32,135
Dec 2005153,36354.9413.42$45,940
Nov 2005313,30754.6910.59$36,711
Oct 2005173,24858.3413.80$45,800
Sep 2005173,17061.4512.08$39,335
Aug 2005163,50461.519.80$35,312
Jul 2005153,51455.697.84$28,398
Jun 2005173,44052.337.38$26,280
May 2005313,32045.226.65$23,484
Apr 200503,30349.207.36$24,312
Mar 2005313,22650.377.15$24,643
Feb 2005133,14145.226.31$20,414
Jan 2005253,75043.166.32$24,787
Dec 2004224,07139.866.75$28,361
Nov 2004103,64945.286.33$23,553
Oct 200464,02349.706.52$26,508
Sep 200493,62743.245.28$19,554
Aug 2004103,17342.375.55$18,036
Jul 2004363,72638.286.08$24,048
Jun 2004183,64136.106.43$24,072
May 2004183,89337.486.49$25,958
Apr 2004363,65234.475.86$22,636
Mar 2004203,99434.365.53$22,775
Feb 2004293,70232.455.51$21,338
Jan 2004594,07632.036.30$27,567
Dec 2003573,83030.266.30$25,860
Nov 200303,84728.804.60$17,678
Oct 2003284,01828.174.76$19,913
Sep 2003263,85126.314.75$18,974
Aug 2003494,14629.765.13$22,726
Jul 2003954,20129.415.17$24,517
Jun 20031324,56728.565.98$31,094
May 20031294,54726.595.97$30,588
Apr 2003634,47526.675.41$25,878
Mar 20031414,19731.146.10$29,976
Feb 2003704,31533.487.93$36,544
Jan 2003764,74330.315.58$28,779
Dec 20021464,51726.914.85$25,853
Nov 20021454,23124.664.14$21,079
Oct 20021364,53526.464.23$22,778
Sep 20021304,11327.443.64$18,519
Aug 20021013,95625.963.16$15,139
Jul 2002834,68124.583.06$16,372
Jun 2002854,40423.733.34$16,719
May 2002814,44724.663.58$17,936
Apr 20021264,32323.653.51$18,164
Mar 2002414,48622.003.10$14,821
Feb 20021794,16118.222.38$13,147
Jan 20021694,51217.172.38$13,621
Dec 20011223,87716.932.36$11,232
Nov 20011204,69118.072.41$13,453
Oct 20011144,71119.782.53$14,168
Sep 20011444,47324.262.25$13,564
Aug 2001694,81224.873.05$16,408
Jul 2001544,14223.933.20$14,535
Jun 2001384,19924.563.82$16,991
May 2001774,35625.524.31$20,728
Apr 2001564,30024.685.34$24,324
Mar 2001714,34424.545.38$25,098
Feb 2001744,50727.755.77$28,046
Jan 2001284,94127.478.40$42,267
Dec 2000314,68426.889.12$43,563
Nov 2000514,67532.215.66$28,094
Oct 2000214,69831.235.15$24,829
Sep 2000434,38331.875.19$24,103
Aug 2000294,82729.644.54$22,778
Jul 2000325,28428.534.09$22,523
Jun 2000224,52929.304.40$20,560
May 2000245,38427.263.68$20,466
Apr 2000344,60624.513.12$15,186
Mar 2000344,65428.422.86$14,276
Feb 2000134,23727.622.73$11,911
Jan 200004,60225.272.48$11,415
Dec 1999275,26324.282.42$13,412
Nov 199995,37823.192.43$13,299
Oct 1999135,14820.982.80$14,706
Sep 1999284,93521.752.62$13,533
Aug 1999125,62619.262.88$16,409
Jul 19992265,05317.892.37$16,031
Jun 19991095,12915.942.36$13,853
May 19992204,89915.792.32$14,844
Apr 19991054,50315.102.21$11,528
Mar 199905,05712.471.84$9,296
Feb 19992254,4239.981.82$10,286
Jan 1999245,16710.381.90$10,066
Dec 199804,9609.201.77$8,796
Nov 199804,86010.892.19$10,623
Oct 199805,21112.421.97$10,262
Sep 199805,18412.592.08$10,796
Aug 199805,86411.301.91$11,185
Jul 199806,14411.742.24$13,746
Jun 199805,35211.242.24$11,974
May 199805,56412.622.21$12,276
Apr 199805,48713.042.51$13,747
Mar 199805,11812.802.31$11,820
Feb 199804,54013.952.30$10,438
Jan 199805,20414.702.15$11,214
Dec 199705,99516.322.41$14,455
Nov 199705,56118.193.09$17,174
Oct 199706,33319.253.15$19,948
Sep 199705,92617.742.95$17,511
Aug 199706,32417.862.55$16,156
Jul 199706,70917.582.25$15,075
Jun 1997106,17417.242.26$14,108
May 1997286,38218.972.31$15,264
Apr 1997136,63317.882.08$14,048
Mar 1997206,97618.951.94$13,906
Feb 1997146,48220.492.21$14,586
Jan 199767,02923.483.54$25,021
Dec 199607,24223.32$0
Nov 199607,56021.97$0
Oct 199607,95223.31$0
Sep 199607,26422.22$0
Aug 199608,41220.26$0
Jul 199658,12819.55$98
Jun 1996127,13418.73$225
May 199697,38519.43$175
Apr 1996126,89921.51$258
Mar 1996116,35719.38$213
Feb 1996116,87416.98$187
Jan 1996146,58117.07$239
Dec 1995157,09017.19$258
Nov 1995107,48316.00$160
Oct 1995107,46915.43$154
Sep 199597,72916.18$146
Aug 199596,95715.92$143
Jul 199596,84815.24$137
Jun 1995326,40716.41$525
May 1995266,17417.56$457
Apr 1995496,30417.73$869
Mar 1995407,06216.44$658
Feb 1995335,88416.58$547
Jan 1995196,82015.92$302
Dec 1994137,40715.03$195
Nov 1994196,74515.90$302
Oct 199495,76015.58$140
Sep 1994127,23215.29$183
Aug 1994235,85516.13$371
Jul 1994186,50717.56$316
Jun 1994183,93317.09$308
May 1994154,83615.88$238
Apr 1994155214.14$14
Mar 19940012.46$0
Feb 199431012.50$388
Jan 19949613,17612.66$1,215
Dec 199310416,26412.33$1,282
Nov 19938117,40014.49$1,174
Oct 199310017,42115.85$1,585
Sep 19933913,26815.03$586
Aug 19937218,37715.66$1,128
Jul 19939017,68715.46$1,391
Jun 19939316,96216.79$1,561
May 199315722,15317.68$2,776
Apr 199315422,14518.05$2,780
Mar 199316620,91118.14$3,011
Feb 199316319,31217.90$2,918
Jan 199321224,97316.93$3,589

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                  194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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/137793 is the state's own key, not one this site invented.