E. L. MARTINEZ G.U. 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 140524District 04Field 587421882 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.1 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 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 Gas111995-10-31132678
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
CondensateDisposition139,465 bbl$3,510,565
GasProduction7,507,938 Mcf$27,619,834
Total$31,130,400

2,088,302 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 26.6272, -98.3312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.62722, -98.33122 · 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
11,000 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 11,000 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-215320433ST11,000 ftMay 2003

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 2025013470.884.34$582
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 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
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 201903950.852.79$109
Jan 20190046.033.23$0
Dec 2018013146.594.19$548
Nov 201809152.934.24$386
Oct 2018012161.443.40$411
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201803260.183.08$98
May 201809065.382.90$261
Apr 201802863.842.90$81
Mar 201806361.222.79$176
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 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015823156.152.88$4,694
May 201502055.212.96$59
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014016078.303.90$624
Sep 2014020386.164.05$821
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 2013019102.523.72$71
Jun 20130094.403.93$0
May 201302794.834.15$112
Apr 201304493.964.28$188
Mar 201309593.623.91$372
Feb 2013058891.233.42$2,011
Jan 201307591.603.42$256
Dec 201208086.773.42$274
Nov 201208486.953.62$305
Oct 201204389.383.40$146
Sep 201208594.672.92$248
Aug 201205192.662.91$148
Jul 201206285.133.02$187
Jun 201203979.822.52$98
May 201202891.612.49$70
Apr 201201,983101.652.00$3,960
Mar 20121853,829105.052.22$27,943
Feb 201203,134101.102.57$8,055
Jan 201203,63798.092.73$9,944
Dec 201103,96596.873.24$12,846
Nov 20111904,20495.723.31$32,107
Oct 201104,25084.983.65$15,506
Sep 201103,82283.623.99$15,234
Aug 201104,37483.404.15$18,149
Jul 20111924,54394.144.52$38,597
Jun 201103,82092.904.64$17,724
May 201101,65298.134.40$7,277
Apr 20110864105.964.33$3,744
Mar 2011087596.364.06$3,550
Feb 201101,35785.644.18$5,672
Jan 201102,74086.504.59$12,573
Dec 20101793,37385.734.35$30,011
Nov 201003,30680.843.80$12,547
Oct 201003,35478.103.51$11,769
Sep 201003,39572.633.98$13,510
Aug 20101823,47373.684.42$28,758
Jul 201003,64072.554.74$17,241
Jun 201002,68970.364.91$13,204
May 201003,30971.124.24$14,014
Apr 20101793,37181.694.12$28,520
Mar 201003,93478.394.39$17,265
Feb 201003,46273.585.44$18,841
Jan 201003,32274.365.96$19,813
Dec 20091903,67571.445.48$33,726
Nov 200933,75274.593.75$14,299
Oct 200913,69572.544.11$15,260
Sep 200903,57065.543.06$10,941
Aug 20091824,03867.423.22$25,267
Jul 200944,35561.133.46$15,332
Jun 200904,05066.163.90$15,775
May 200904,28454.743.93$16,818
Apr 20091964,67546.773.59$25,938
Mar 200934,78342.144.06$19,541
Feb 200905,04232.814.63$23,360
Jan 200915,76535.865.37$31,000
Dec 20082005,76637.105.98$41,884
Nov 200805,55255.496.86$38,089
Oct 200806,08575.246.92$42,120
Sep 20081975,938101.767.88$66,821
Aug 200806,058114.228.48$51,390
Jul 200806,409131.0811.39$72,995
Jun 20081966,911131.3313.03$115,809
May 200803,599123.1711.57$41,656
Apr 20080303110.3110.45$3,168
Mar 20080564101.909.66$5,451
Feb 20081986,23892.538.77$73,032
Jan 200816,61490.388.21$54,363
Dec 200708,36488.337.30$61,074
Nov 200720421,30191.677.29$174,021
Oct 200735924,19782.856.92$197,234
Sep 2007115,55675.846.24$97,210
Aug 200719419,31869.066.39$136,800
Jul 200734922,01770.906.39$165,387
Jun 2007018,83762.007.55$142,190
May 200739626,38158.747.85$230,254
Apr 2007222,65859.617.81$176,969
Mar 200735419,54556.927.30$162,867
Feb 200719521,35355.108.22$186,181
Jan 200719822,45450.306.73$161,004
Dec 200636524,96256.656.92$193,375
Nov 200656227,86254.207.62$242,699
Oct 20061122,54454.906.01$136,179
Sep 200619820,52860.085.04$115,299
Aug 200638722,25068.717.34$189,904
Jul 200619924,98269.376.34$172,259
Jun 200623027,37866.286.38$190,022
May 200635925,59866.016.42$188,165
Apr 200635922,50264.397.36$188,742
Mar 200635829,17256.707.08$226,922
Feb 200636121,21257.597.75$185,207
Jan 2006030,28460.598.93$270,537
Dec 200556034,89354.9413.42$498,870
Nov 200535633,04454.6910.59$369,353
Oct 200535834,69058.3413.80$499,461
Sep 200536138,62061.4512.08$488,674
Aug 200535832,95361.519.80$344,856
Jul 200535140,69055.697.84$338,705
Jun 200536840,68552.337.38$319,555
May 200536546,96345.226.65$328,864
Apr 200571350,07449.207.36$403,648
Mar 200535754,92250.377.15$410,942
Feb 200571456,62845.226.31$389,718
Jan 200571672,06743.166.32$486,525
Dec 200476576,88939.866.75$549,577
Nov 200472580,51145.286.33$542,496
Oct 20041,25286,71949.706.52$627,207
Sep 20041,07085,75743.245.28$499,398
Aug 20041,41682,23742.375.55$516,466
Jul 200438548,10838.286.08$307,436
Jun 200455350,87236.106.43$347,224
May 200471459,11437.486.49$410,681
Apr 200436163,45134.475.86$384,169
Mar 200454071,54134.365.53$414,186
Feb 200473374,12832.455.51$432,203
Jan 20041,278107,21132.036.30$716,325
Dec 20031,079102,60730.266.30$679,243
Nov 2003915111,33828.804.60$537,968
Oct 20031,421144,86528.174.76$729,535
Sep 20032,133138,13126.314.75$712,153
Aug 20032,474150,70029.765.13$846,675
Jul 20033,034151,50829.415.17$872,654
Jun 20032,841130,19528.565.98$860,090
May 20033,195148,23226.595.97$970,297
Apr 20031,42885,40426.675.41$499,888
Mar 200335638,21131.146.10$244,022
Feb 200371533,62133.487.93$290,414
Jan 200336138,46630.315.58$225,661
Dec 200236239,54626.914.85$201,688
Nov 200235840,92024.664.14$178,113
Oct 200252045,42826.464.23$205,880
Sep 200254849,34327.443.64$194,409
Aug 200271054,02725.963.16$189,382
Jul 200235561,69224.583.06$197,612
Jun 200270969,73323.733.34$249,610
May 20021,06487,54024.663.58$339,982
Apr 20021,07187,55923.653.51$332,864
Mar 20021,07988,90922.003.10$299,598
Feb 20021,445101,03818.222.38$266,362
Jan 20022,191111,38517.172.38$302,235
Dec 20011,81688,13616.932.36$239,134
Nov 20011,60659,54618.072.41$172,260
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200101,81424.873.05$5,538
Jul 20013536,75923.933.20$30,056
Jun 200105,86224.563.82$22,417
May 200117,78425.524.31$33,554
Apr 20013586,81824.685.34$45,212
Mar 200107,68224.545.38$41,302
Feb 20013656,89727.755.77$49,904
Jan 200107,55927.478.40$63,486
Dec 20003587,93526.889.12$82,010
Nov 200008,81032.215.66$49,847
Oct 20003539,72531.235.15$61,064
Sep 20003569,74831.875.19$61,904
Aug 200009,85329.644.54$44,740
Jul 200035411,53828.534.09$57,287
Jun 2000011,08729.304.40$48,752
May 200035012,55527.263.68$55,740
Apr 200035311,02624.513.12$43,009
Mar 200036013,93028.422.86$50,068
Feb 200035712,63327.622.73$44,304
Jan 200035713,18825.272.48$41,734
Dec 199919313,86024.282.42$38,279
Nov 199935813,89423.192.43$42,120
Oct 199935614,35720.982.80$47,722
Sep 199935512,23721.752.62$39,768
Aug 199935412,96619.262.88$44,103
Jul 199935513,54017.892.37$38,473
Jun 1999013,59115.942.36$32,103
May 199935113,96415.792.32$37,953
Apr 199935613,89415.102.21$36,054
Mar 199936315,40512.471.84$32,846
Feb 199936015,1009.981.82$31,041
Jan 199935716,91510.381.90$35,843
Dec 199871918,2209.201.77$38,925
Nov 199836117,41110.892.19$41,987
Oct 199836019,38012.421.97$42,634
Sep 199835622,63312.592.08$51,618
Aug 199870723,81911.301.91$53,420
Jul 199836119,06611.742.24$46,894
Jun 199835519,94111.242.24$48,604
May 199871321,02712.622.21$55,391
Apr 199836221,70613.042.51$59,101
Mar 199835423,71212.802.31$59,293
Feb 199871524,03713.952.30$65,238
Jan 199871928,74814.702.15$72,515
Dec 199772430,29616.322.41$84,862
Nov 199772130,80218.193.09$108,240
Oct 199771734,45019.253.15$122,314
Sep 199771338,44917.742.95$126,261
Aug 19971,07240,90217.862.55$123,640
Jul 19971,07845,64517.582.25$121,513
Jun 19971,07450,65617.242.26$132,856
May 19971,07242,81418.972.31$119,172
Apr 199772216,24517.882.08$46,744
Mar 199771518,61018.951.94$49,637
Feb 199754614,97020.492.21$44,210
Jan 199754617,20823.483.54$73,731
Dec 19961,06920,20123.32$24,929
Nov 199635719,25521.97$7,843
Oct 199690419,44723.31$21,072
Sep 199671221,25722.22$15,821
Aug 199671122,40820.26$14,405
Jul 199689920,52319.55$17,575
Jun 199688621,32718.73$16,595
May 199670322,55419.43$13,659
Apr 199690834,00121.51$19,531
Mar 199689923,01719.38$17,423
Feb 199691520,81016.98$15,537
Jan 199690821,96217.07$15,500
Dec 19951,08323,55817.19$18,617
Nov 199591522,85116.00$14,640
Oct 19951,07223,62015.43$16,541
Sep 199589923,89016.18$14,546
Aug 19951,09225,68615.92$17,385
Jul 199590122,70715.24$13,731
Jun 19951,07624,93916.41$17,657
May 19951972,82517.56$3,459
Apr 19951927,59717.73$3,404
Mar 199539714,55516.44$6,527
Feb 199539015,30416.58$6,466
Jan 199536213,47815.92$5,763
Dec 199456624,59615.03$8,507
Nov 199435415,86715.90$5,629
Oct 199471527,50615.58$11,140
Sep 199471838,34115.29$10,978
Aug 19941,06955,06616.13$17,243
Jul 19942,13389,95117.56$37,455
Jun 19941,79774,02817.09$30,711
May 19943673,34015.88$5,828
Apr 19941,07953,59414.14$15,257
Mar 19941,79958,72012.46$22,416
Feb 19941,08456,03812.50$13,550
Jan 19941,81566,95512.66$22,978
Dec 19931,98481,26212.33$24,463
Nov 19931,61763,33614.49$23,430
Oct 19931,79260,38215.85$28,403
Sep 19931,77965,81515.03$26,738
Aug 19932,13679,34615.66$33,450
Jul 19931,61357,25115.46$24,937
Jun 19931,96480,05216.79$32,976
May 19932,33890,76117.68$41,336
Apr 19932,54494,60418.05$45,919
Mar 19932,557109,03818.14$46,384
Feb 19932,558114,70217.90$45,788
Jan 19933,468139,97916.93$58,713

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.

Feb 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.88 =         $0
Gas                  134 Mcf  × $  4.34 =       $582

────────────────────────────────────────────────────
Month total                                     $582

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/140524 is the state's own key, not one this site invented.