MARTIN, H.L.

Name: MARTIN, H.L. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the PENITAS (7950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140755District 04Field 70481806CondensateGasSave Export

Value, all time

$470 k

Jan 1993 – Jun 2011

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

222

no gaps in the span

Streams

condensate, gas

The PENITAS (7950) field

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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1967-09-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/98.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	10,207 bbl	$221,953
Gas	Production	177,948 Mcf	$248,155
Total			$470,108

95,661 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 26.2314, -98.4605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.23138, -98.46055 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,929 ft

1 wells filed one

Completion to plug

13.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 10,929 ft.

Completions filed

Feb 1998

1 of 1 wells

Plug dates filed

Jun 2011

1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21531206	2	10,929 ft	Feb 1998	Jun 2011	Yes

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 (222)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

222 months


Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	77	0	85.73	4.35	$6,601
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	1	70.36	4.91	$5
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	1	78.39	4.39	$4
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	120	2	67.42	3.22	$8,097
Jul 2009	0	14	61.13	3.46	$49
Jun 2009	0	15	66.16	3.90	$58
May 2009	0	43	54.74	3.93	$169
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	124	1	42.14	4.06	$5,229
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	3	35.86	5.37	$16
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	12	114.22	8.48	$102
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	51	131.33	13.03	$665
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	2	101.90	9.66	$19
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	10	90.38	8.21	$82
Dec 2007	0	12	88.33	7.30	$88
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	41	82.85	6.92	$284
Sep 2007	20	4	75.84	6.24	$1,542
Aug 2007	0	1	69.06	6.39	$6
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	1	58.74	7.85	$8
Apr 2007	0	2	59.61	7.81	$16
Mar 2007	7	2	56.92	7.30	$413
Feb 2007	38	1	55.10	8.22	$2,102
Jan 2007	0	3	50.30	6.73	$20
Dec 2006	0	3	56.65	6.92	$21
Nov 2006	0	3	54.20	7.62	$23
Oct 2006	33	35	54.90	6.01	$2,022
Sep 2006	0	32	60.08	5.04	$161
Aug 2006	0	34	68.71	7.34	$250
Jul 2006	0	7	69.37	6.34	$44
Jun 2006	14	34	66.28	6.38	$1,145
May 2006	0	10	66.01	6.42	$64
Apr 2006	0	33	64.39	7.36	$243
Mar 2006	31	28	56.70	7.08	$1,956
Feb 2006	0	14	57.59	7.75	$109
Jan 2006	0	42	60.59	8.93	$375
Dec 2005	0	34	54.94	13.42	$456
Nov 2005	0	28	54.69	10.59	$296
Oct 2005	155	23	58.34	13.80	$9,360
Sep 2005	0	25	61.45	12.08	$302
Aug 2005	0	27	61.51	9.80	$265
Jul 2005	131	39	55.69	7.84	$7,601
Jun 2005	0	31	52.33	7.38	$229
May 2005	0	21	45.22	6.65	$140
Apr 2005	0	14	49.20	7.36	$103
Mar 2005	0	29	50.37	7.15	$207
Feb 2005	0	17	45.22	6.31	$107
Jan 2005	0	42	43.16	6.32	$266
Dec 2004	0	485	39.86	6.75	$3,274
Nov 2004	0	18	45.28	6.33	$114
Oct 2004	190	29	49.70	6.52	$9,632
Sep 2004	0	26	43.24	5.28	$137
Aug 2004	0	32	42.37	5.55	$178
Jul 2004	0	19	38.28	6.08	$116
Jun 2004	189	20	36.10	6.43	$6,952
May 2004	0	20	37.48	6.49	$130
Apr 2004	0	6	34.47	5.86	$35
Mar 2004	188	9	34.36	5.53	$6,509
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	185	2	32.03	6.30	$5,938
Dec 2003	0	4	30.26	6.30	$25
Nov 2003	190	4	28.80	4.60	$5,490
Oct 2003	0	2	28.17	4.76	$10
Sep 2003	2	30	26.31	4.75	$195
Aug 2003	0	69	29.76	5.13	$354
Jul 2003	0	183	29.41	5.17	$946
Jun 2003	180	305	28.56	5.98	$6,966
May 2003	0	237	26.59	5.97	$1,416
Apr 2003	0	330	26.67	5.41	$1,784
Mar 2003	0	218	31.14	6.10	$1,329
Feb 2003	182	214	33.48	7.93	$7,790
Jan 2003	0	385	30.31	5.58	$2,149
Dec 2002	0	379	26.91	4.85	$1,840
Nov 2002	0	442	24.66	4.14	$1,829
Oct 2002	0	335	26.46	4.23	$1,417
Sep 2002	173	682	27.44	3.64	$7,226
Aug 2002	0	757	25.96	3.16	$2,395
Jul 2002	183	830	24.58	3.06	$7,039
Jun 2002	0	860	23.73	3.34	$2,871
May 2002	177	904	24.66	3.58	$7,605
Apr 2002	0	715	23.65	3.51	$2,511
Mar 2002	0	759	22.00	3.10	$2,355
Feb 2002	0	665	18.22	2.38	$1,580
Jan 2002	0	1,055	17.17	2.38	$2,506
Dec 2001	0	576	16.93	2.36	$1,362
Nov 2001	0	349	18.07	2.41	$840
Oct 2001	0	460	19.78	2.53	$1,163
Sep 2001	5	443	24.26	2.25	$1,119
Aug 2001	0	733	24.87	3.05	$2,238
Jul 2001	0	793	23.93	3.20	$2,535
Jun 2001	0	848	24.56	3.82	$3,243
May 2001	0	907	25.52	4.31	$3,907
Apr 2001	0	1,122	24.68	5.34	$5,986
Mar 2001	0	1,119	24.54	5.38	$6,016
Feb 2001	1	785	27.75	5.77	$4,555
Jan 2001	0	242	27.47	8.40	$2,033
Dec 2000	0	592	26.88	9.12	$5,401
Nov 2000	0	717	32.21	5.66	$4,057
Oct 2000	0	757	31.23	5.15	$3,895
Sep 2000	0	820	31.87	5.19	$4,253
Aug 2000	0	761	29.64	4.54	$3,456
Jul 2000	0	1,030	28.53	4.09	$4,212
Jun 2000	0	507	29.30	4.40	$2,229
May 2000	0	507	27.26	3.68	$1,866
Apr 2000	0	286	24.51	3.12	$891
Mar 2000	0	348	28.42	2.86	$995
Feb 2000	0	492	27.62	2.73	$1,341
Jan 2000	0	576	25.27	2.48	$1,429
Dec 1999	0	604	24.28	2.42	$1,464
Nov 1999	0	503	23.19	2.43	$1,224
Oct 1999	0	412	20.98	2.80	$1,155
Sep 1999	0	298	21.75	2.62	$780
Aug 1999	0	504	19.26	2.88	$1,449
Jul 1999	0	644	17.89	2.37	$1,528
Jun 1999	0	930	15.94	2.36	$2,197
May 1999	0	2,239	15.79	2.32	$5,197
Apr 1999	0	858	15.10	2.21	$1,895
Mar 1999	0	110	12.47	1.84	$202
Feb 1999	0	88	9.98	1.82	$160
Jan 1999	0	109	10.38	1.90	$207
Dec 1998	0	253	9.20	1.77	$449
Nov 1998	185	477	10.89	2.19	$3,057
Oct 1998	2	691	12.42	1.97	$1,386
Sep 1998	0	995	12.59	2.08	$2,072
Aug 1998	179	554	11.30	1.91	$3,079
Jul 1998	0	1,254	11.74	2.24	$2,806
Jun 1998	0	312	11.24	2.24	$698
May 1998	0	1,606	12.62	2.21	$3,543
Apr 1998	198	8,101	13.04	2.51	$22,878
Mar 1998	754	10,185	12.80	2.31	$33,173
Feb 1998	373	14,858	13.95	2.30	$39,364
Jan 1998	0	455	14.70	2.15	$980
Dec 1997	180	525	16.32	2.41	$4,203
Nov 1997	0	518	18.19	3.09	$1,600
Oct 1997	0	499	19.25	3.15	$1,572
Sep 1997	191	548	17.74	2.95	$5,008
Aug 1997	0	579	17.86	2.55	$1,479
Jul 1997	0	672	17.58	2.25	$1,510
Jun 1997	0	629	17.24	2.26	$1,420
May 1997	195	637	18.97	2.31	$5,170
Apr 1997	0	642	17.88	2.08	$1,337
Mar 1997	0	688	18.95	1.94	$1,334
Feb 1997	0	681	20.49	2.21	$1,502
Jan 1997	0	1,001	23.48	3.54	$3,543
Dec 1996	0	1,344	23.32	—	$0
Nov 1996	0	1,044	21.97	—	$0
Oct 1996	0	1,519	23.31	—	$0
Sep 1996	0	672	22.22	—	$0
Aug 1996	0	790	20.26	—	$0
Jul 1996	0	812	19.55	—	$0
Jun 1996	0	921	18.73	—	$0
May 1996	0	975	19.43	—	$0
Apr 1996	188	1,232	21.51	—	$4,044
Mar 1996	0	1,378	19.38	—	$0
Feb 1996	0	486	16.98	—	$0
Jan 1996	197	385	17.07	—	$3,363
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	110	16.00	—	$0
Oct 1995	1	1,246	15.43	—	$15
Sep 1995	0	836	16.18	—	$0
Aug 1995	201	982	15.92	—	$3,200
Jul 1995	0	1,255	15.24	—	$0
Jun 1995	0	1,112	16.41	—	$0
May 1995	199	1,174	17.56	—	$3,494
Apr 1995	1	1,471	17.73	—	$18
Mar 1995	287	2,151	16.44	—	$4,718
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	41	15.92	—	$0
Dec 1994	0	847	15.03	—	$0
Nov 1994	1	1,500	15.90	—	$16
Oct 1994	198	1,707	15.58	—	$3,085
Sep 1994	397	1,682	15.29	—	$6,070
Aug 1994	1	2,065	16.13	—	$16
Jul 1994	0	2,182	17.56	—	$0
Jun 1994	2	2,269	17.09	—	$34
May 1994	398	2,622	15.88	—	$6,320
Apr 1994	2	1,998	14.14	—	$28
Mar 1994	0	2,697	12.46	—	$0
Feb 1994	0	1,772	12.50	—	$0
Jan 1994	599	2,983	12.66	—	$7,583
Dec 1993	0	3,192	12.33	—	$0
Nov 1993	376	3,034	14.49	—	$5,448
Oct 1993	0	2,838	15.85	—	$0
Sep 1993	0	2,896	15.03	—	$0
Aug 1993	0	3,294	15.66	—	$0
Jul 1993	710	3,682	15.46	—	$10,977
Jun 1993	0	3,768	16.79	—	$0
May 1993	208	4,322	17.68	—	$3,677
Apr 1993	396	4,577	18.05	—	$7,148
Mar 1993	197	5,000	18.14	—	$3,574
Feb 1993	199	5,409	17.90	—	$3,562
Jan 1993	597	7,389	16.93	—	$10,107

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.

Dec 2010 — as filed, then multipliedworked

Condensate            77 bbl  × $ 85.73 =     $6,601
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $6,601

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/140755 is the state's own key, not one this site invented.