MARTINEZ, E.L. G.U. NO. 1

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MCALLEN RANCH (VICKSBURG N) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139488District 04Field 587421882 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$53
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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1964-09-30
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-11-19.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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 Gas111995-10-24132679
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
CondensateDisposition179,154 bbl$5,639,646
GasProduction7,109,432 Mcf$20,089,093
Total$25,728,739

2,689,836 Mcf of this lease's gas, across 30 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 26.6318, -98.3310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.63180, -98.33100 · 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
11,604 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 11,604 ft.

Completions filed
Dec 1999
1 of 1 wells

1 well

42-215320164ST11,604 ftDec 1999

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 202501659.383.30$53
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 20221760101.587.54$17,878
Jun 20221903,272115.097.98$47,969
May 202206,357109.378.43$53,609
Apr 202203,493104.226.84$23,884
Mar 20221835,179108.885.08$46,216
Feb 20225594,57091.054.86$73,102
Jan 202204,79181.844.54$21,740
Dec 20211874,96071.323.90$32,676
Nov 202104,79977.435.24$25,132
Oct 20211885,45179.795.71$46,147
Sep 20211855,04969.865.35$39,941
Aug 20211845,28566.024.22$34,454
Jul 202105,62470.783.98$22,395
Jun 20211865,35069.493.38$31,011
May 20211845,50363.483.02$28,287
Apr 20211835,11760.362.76$25,161
Mar 20211855,40661.302.72$26,028
Feb 202104,73857.805.55$26,286
Jan 20211715,38350.412.81$23,748
Dec 20201615,44744.642.68$21,760
Nov 20201705,56538.772.71$21,653
Oct 20201845,74736.972.48$21,046
Sep 20201855,64537.091.99$18,101
Aug 20201836,07739.982.39$21,811
Jul 2020906,15338.371.83$14,683
Jun 20201245,82634.901.69$14,175
May 202006,16416.921.81$11,186
Apr 2020675,13614.751.80$10,256
Mar 2020646,08330.341.86$13,233
Feb 2020505,76249.881.98$13,907
Jan 2020415,58257.252.09$14,040
Dec 2019415,42259.012.30$14,914
Nov 2019425,24255.302.75$16,742
Oct 2019425,67053.472.42$15,959
Sep 2019445,45555.052.66$16,918
Aug 2019456,26153.112.30$16,818
Jul 2019566,44756.272.46$19,011
Jun 2019716,16452.782.49$19,103
May 2019986,35258.482.74$23,138
Apr 20191086,27462.632.75$24,022
Mar 2019706,55156.803.06$24,036
Feb 2019765,74350.852.79$19,900
Jan 2019686,44146.033.23$23,923
Dec 2018675,82046.594.19$27,481
Nov 2018695,81452.934.24$28,287
Oct 2018683,85361.443.40$17,271
Sep 2018654,91659.543.11$19,149
Aug 20186717,60859.403.07$57,976
Jul 201813919,03765.142.93$64,869
Jun 2018725,64760.183.08$21,708
May 20181475,34865.382.90$25,124
Apr 2018755,35963.842.90$20,333
Mar 20181555,51361.222.79$24,853
Feb 2018945,31961.782.77$20,520
Jan 20181026,52062.874.01$32,554
Dec 20171866,95357.272.92$30,966
Nov 20171247,09455.423.12$28,994
Oct 2017916,09249.292.98$22,662
Sep 2017867,37247.523.09$26,846
Aug 2017605,43145.373.00$19,039
Jul 2017356,30243.873.09$20,991
Jun 20171606,68042.493.09$27,421
May 20171956,65445.373.26$30,562
Apr 2017936,51347.933.21$25,375
Mar 20171976,39446.772.98$28,291
Feb 2017996,06850.452.95$22,911
Jan 20172197,37949.413.42$36,048
Dec 20162367,43448.763.72$39,183
Nov 20162417,11542.492.64$29,055
Oct 20161217,49046.193.09$28,735
Sep 20161187,28841.553.10$27,500
Aug 20162517,57541.442.92$32,553
Jul 20161297,60141.622.92$27,597
Jun 20162577,03845.352.69$30,558
May 20161297,64442.521.99$20,705
Apr 20161297,27236.561.99$19,195
Mar 20162617,68533.011.79$22,403
Feb 20161296,97426.472.06$17,806
Jan 20162607,71227.352.36$25,345
Dec 20151297,74232.362.00$19,669
Nov 20153577,48338.792.17$30,066
Oct 20151017,96543.552.43$23,726
Sep 20151677,97942.992.76$29,189
Aug 20152498,56940.162.87$34,614
Jul 20151508,50648.152.95$32,273
Jun 20151148,26756.152.88$30,234
May 20151708,12355.212.96$33,393
Apr 20152467,54649.822.71$32,680
Mar 20152807,81042.892.93$34,929
Feb 20152676,54944.662.98$31,415
Jan 20152387,35243.433.10$33,132
Dec 20142317,77354.693.59$40,549
Nov 2014797,42270.464.25$37,124
Oct 2014267,00778.303.90$29,370
Sep 20141386,40386.164.05$37,793
Aug 2014976,54989.394.04$35,097
Jul 20141346,56796.564.18$40,386
Jun 20141376,49298.164.74$44,200
May 20142066,67794.734.73$51,074
Apr 20141896,19795.944.81$47,935
Mar 20141145,15495.895.06$36,994
Feb 20141635,24897.406.19$48,372
Jan 20141526,33290.404.86$44,519
Dec 20131636,07791.824.35$41,429
Nov 20133276,10788.853.74$51,884
Oct 20133536,42697.423.78$58,675
Sep 201306,266104.113.72$23,295
Aug 20131296,668104.253.52$36,937
Jul 20131396,194102.523.72$37,278
Jun 20131386,19394.403.93$37,387
May 20131366,18294.834.15$38,546
Apr 20131286,16993.964.28$38,446
Mar 20131296,89893.623.91$39,068
Feb 20131296,38391.233.42$33,598
Jan 20132607,45991.603.42$49,325
Dec 20121297,64186.773.42$37,327
Nov 20121297,55686.953.62$38,607
Oct 20122547,26389.383.40$47,394
Sep 20121286,76494.672.92$31,858
Aug 20121267,13892.662.91$32,434
Jul 20121266,85785.133.02$31,440
Jun 20122547,20879.822.52$38,432
May 20121377,63591.612.49$31,549
Apr 20121457,723101.652.00$30,161
Mar 20122867,904105.052.22$47,608
Feb 20121487,906101.102.57$35,283
Jan 20121408,54298.092.73$37,087
Dec 20112888,66296.873.24$55,961
Nov 20111467,99395.723.31$40,442
Oct 20112938,39384.983.65$55,521
Sep 20111468,70083.623.99$46,885
Aug 20112918,43383.404.15$59,261
Jul 20111408,91294.144.52$53,437
Jun 20111408,65692.904.64$53,169
May 20113968,90698.134.40$78,089
Apr 20111358,955105.964.33$53,109
Mar 20111359,44096.364.06$51,310
Feb 20112609,16185.644.18$60,559
Jan 20112618,66886.504.59$62,352
Dec 20101489,34585.734.35$53,318
Nov 20102909,37080.843.80$59,006
Oct 20101439,90278.103.51$45,913
Sep 20102619,80772.633.98$57,983
Aug 201024410,20473.684.42$63,073
Jul 201014210,57972.554.74$60,409
Jun 20101439,39570.364.91$56,195
May 20103039,72571.124.24$62,737
Apr 20102889,77681.694.12$63,830
Mar 20102859,32278.394.39$63,252
Feb 20101588,46373.585.44$57,684
Jan 20102869,57774.365.96$78,385
Dec 20091479,87171.445.48$64,632
Nov 20093109,73874.593.75$59,655
Oct 200933110,11572.544.11$65,586
Sep 20091529,39665.543.06$38,758
Aug 200916710,37867.423.22$44,661
Jul 200933410,27161.133.46$56,001
Jun 20091669,98766.163.90$49,882
May 20093509,69154.743.93$57,203
Apr 20091788,68346.773.59$39,475
Mar 20093578,70142.144.06$50,361
Feb 20091717,80832.814.63$41,785
Jan 20094988,50135.865.37$63,517
Dec 200878,52137.105.98$51,191
Nov 20084948,35755.496.86$84,744
Oct 20081829,05775.246.92$76,386
Sep 20083208,613101.767.88$100,409
Aug 20081748,837114.228.48$94,839
Jul 20083129,048131.0811.39$143,949
Jun 20081458,814131.3313.03$133,912
May 20081788,672123.1711.57$122,297
Apr 20082669,068110.3110.45$124,147
Mar 200809,594101.909.66$92,717
Feb 20082909,48092.538.77$109,979
Jan 20081139,40590.388.21$87,388
Dec 200720310,10288.337.30$91,695
Nov 20073259,81591.677.29$101,361
Oct 200712111,29882.856.92$88,229
Sep 20071946,56975.846.24$55,731
Aug 200710410,56469.066.39$74,664
Jul 200719610,45070.906.39$80,650
Jun 200730210,24362.007.55$96,043
May 200711510,81958.747.85$91,644
Apr 200720110,50659.617.81$93,983
Mar 200730411,00956.927.30$97,691
Feb 200710910,05455.108.22$88,610
Jan 200737811,37550.306.73$95,531
Dec 200627511,28456.656.92$93,646
Nov 200611210,78454.207.62$88,217
Oct 200631112,32554.906.01$91,194
Sep 200621211,32860.085.04$69,798
Aug 200611512,35568.717.34$98,586
Jul 200632812,24169.376.34$100,395
Jun 200621111,08866.286.38$84,770
May 200633811,91366.016.42$98,852
Apr 200632511,58864.397.36$106,220
Mar 200611712,90556.707.08$98,039
Feb 20062199,37957.597.75$85,310
Jan 200632612,04160.598.93$127,318
Dec 200532512,50654.9413.42$185,628
Nov 200532011,92054.6910.59$143,715
Oct 200531812,15158.3413.80$186,184
Sep 200511712,32361.4512.08$156,039
Aug 200532612,28661.519.80$140,416
Jul 200522213,44655.697.84$117,829
Jun 200532513,32952.337.38$115,389
May 200532614,00545.226.65$107,891
Apr 200531613,35849.207.36$113,868
Mar 200532113,45350.377.15$112,423
Feb 200543412,49845.226.31$98,512
Jan 200543213,58343.166.32$104,520
Dec 200444213,87339.866.75$111,276
Nov 200433413,22545.286.33$98,843
Oct 200435713,53649.706.52$105,931
Sep 200434413,35643.245.28$85,446
Aug 200424013,75542.375.55$86,518
Jul 200434415,72538.286.08$108,842
Jun 200451015,64336.106.43$119,043
May 200456416,48937.486.49$128,228
Apr 200417717,77234.475.86$110,218
Mar 200433218,46934.365.53$113,544
Feb 200445617,97532.455.51$113,833
Jan 200443221,33432.036.30$148,233
Dec 200356826,60630.266.30$184,849
Nov 200391630,09828.804.60$164,686
Oct 200362032,05628.174.76$170,040
Sep 200326731,75626.314.75$157,845
Aug 20031,02942,14829.765.13$246,830
Jul 20031,39545,24829.415.17$274,997
Jun 20031,53449,66128.565.98$340,931
May 200357320,75326.595.97$139,187
Apr 200333923,11126.675.41$134,009
Mar 200352627,82731.146.10$186,014
Feb 200392226,31433.487.93$239,430
Jan 200390629,33230.315.58$191,193
Dec 200235127,40926.914.85$142,482
Nov 200287328,39324.664.14$138,989
Oct 200272330,55126.464.23$148,334
Sep 200283030,56427.443.64$133,881
Aug 200297131,43225.963.16$124,663
Jul 200247430,99824.583.06$106,559
Jun 20021,11629,37223.733.34$124,533
May 200280230,40024.663.58$128,731
Apr 200298432,58423.653.51$137,717
Mar 20021,08235,50022.003.10$133,951
Feb 200298628,59218.222.38$85,890
Jan 200296037,24017.172.38$104,954
Dec 200191837,71616.932.36$104,717
Nov 200199141,75118.072.41$118,340
Oct 20011,48844,58419.782.53$142,180
Sep 200192645,35424.262.25$124,571
Aug 20011,21347,93924.873.05$176,533
Jul 200192447,81123.933.20$174,967
Jun 20011,18548,13624.563.82$213,183
May 20011,30052,73125.524.31$260,305
Apr 20011,20054,90024.685.34$322,525
Mar 20011,69457,17524.545.38$348,969
Feb 20011,34354,21227.755.77$349,913
Jan 20011,49266,72527.478.40$601,393
Dec 20002,03971,69426.889.12$708,837
Nov 20001,68762,62032.215.66$408,642
Oct 20001,83168,24831.235.15$408,352
Sep 20001,83871,09631.875.19$427,316
Aug 20002,13377,81929.644.54$416,579
Jul 20002,26182,35928.534.09$401,334
Jun 20002,48084,17529.304.40$442,803
May 20002,81084,73527.263.68$388,404
Apr 20002,98281,19624.513.12$326,096
Mar 20003,43585,60328.422.86$342,426
Feb 20002,99478,43127.622.73$296,536
Jan 20003,61473,97225.272.48$274,813
Dec 199939123,12824.282.42$65,549
Nov 19991023.192.43$23
Oct 19996020.982.80$126
Sep 199922021.752.62$479
Aug 1999723,20419.262.88$10,600
Jul 1999903,54717.892.37$10,025
Jun 19991433,21515.942.36$9,874
May 1999833,51115.792.32$9,460
Apr 19991223,36515.102.21$9,272
Mar 19991403,57812.471.84$8,323
Feb 19991393,1019.981.82$7,024
Jan 19991533,84710.381.90$8,897
Dec 19981904,0069.201.77$8,852
Nov 19981814,60810.892.19$12,043
Oct 19981826,20212.421.97$14,473
Sep 1998735,60112.592.08$12,584
Aug 19981315,94911.301.91$12,827
Jul 19981136,42711.742.24$15,706
Jun 19981626,60911.242.24$16,607
May 19982646,53112.622.21$17,741
Apr 19981765,91213.042.51$17,107
Mar 19981626,57612.802.31$17,260
Feb 19981536,56713.952.30$17,233
Jan 19981917,74314.702.15$19,492
Dec 19972107,93816.322.41$22,567
Nov 19972448,04518.193.09$29,283
Oct 19972389,15019.253.15$33,402
Sep 19972329,02717.742.95$30,789
Aug 199722611,34517.862.55$33,020
Jul 199717611,94217.582.25$29,927
Jun 199720712,47817.242.26$31,734
May 199743111,55118.972.31$34,842
Apr 199726914,36517.882.08$34,729
Mar 199725913,43418.951.94$30,958
Feb 199727512,89720.492.21$34,084
Jan 199733617,33823.483.54$69,261
Dec 199630018,35323.32$6,996
Nov 199635819,07721.97$7,865
Oct 199639818,77323.31$9,277
Sep 199645323,21622.22$10,066
Aug 199662733,35320.26$12,703
Jul 199626316,81419.55$5,142
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 199514017.56$246
Apr 19950017.73$0
Mar 19950016.44$0
Feb 199599016.58$1,641
Jan 19950015.92$0
Dec 199472218,55415.03$10,852
Nov 19941,80770,61315.90$28,731
Oct 19941,80075,72515.58$28,044
Sep 19941,79577,57715.29$27,446
Aug 19941,79383,15116.13$28,921
Jul 19941,78288,46517.56$31,292
Jun 19942,14487,65617.09$36,641
May 19942,15094,98915.88$34,142
Apr 19942,16378,98314.14$30,585
Mar 19942,52088,73912.46$31,399
Feb 19941,81379,96612.50$22,663
Jan 19942,53396,82012.66$32,068
Dec 19932,52697,08412.33$31,146
Nov 19932,53593,94714.49$36,732
Oct 19932,509107,39915.85$39,768
Sep 19932,851110,35115.03$42,851
Aug 19932,722118,54515.66$42,627
Jul 19933,042125,54415.46$47,029
Jun 19933,079128,75416.79$51,696
May 19933,797142,11417.68$67,131
Apr 19933,637145,92718.05$65,648
Mar 19934,365168,05818.14$79,181
Feb 19933,834170,67517.90$68,629
Jan 19935,102210,61416.93$86,377

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.

Oct 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.38 =         $0
Gas                   16 Mcf  × $  3.30 =        $53

────────────────────────────────────────────────────
Month total                                      $53

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/139488 is the state's own key, not one this site invented.