MARTINEZ, M. B.

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

Operated by EOG RESOURCES, INC. (P-5 253162) in the JENNINGS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142684District 04Field 462164032 tax incentive programmesCondensateGasSave Export

Value, all time

$4.1 M

Jan 1993 – Nov 2011

Value, last 12 filed months

at the published price for each month

Months reported

227

no gaps in the span

Streams

condensate, gas

The JENNINGS RANCH (LOBO CONS.) 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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered

1998-09-22

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 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: “PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1993-06-11	125875
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,724 bbl	$30,128
Gas	Production	2,456,278 Mcf	$4,099,931
Total			$4,130,059

1,522,464 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 27.2241, -99.1765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22413, -99.17652 · 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

11,650 ft

1 wells filed one

Completion to plug

19.2 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 11,650 ft.

Completions filed

Sep 1992

1 of 1 wells

Plug dates filed

Nov 2011

1 of 1 wells

Last completion to plug: a median of 19.2 years across the 1 well that filed both dates, with the middle half between 19.2 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50532891	1	11,650 ft	Sep 1992	Nov 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 (227)

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

227 months


Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
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	0	0	85.73	4.35	$0
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	2	10	73.68	4.42	$192
Jul 2010	1	9	72.55	4.74	$115
Jun 2010	0	3	70.36	4.91	$15
May 2010	0	5	71.12	4.24	$21
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	1	0	71.44	5.48	$71
Nov 2009	1	0	74.59	3.75	$75
Oct 2009	0	215	72.54	4.11	$884
Sep 2009	3	3,227	65.54	3.06	$10,087
Aug 2009	0	2,834	67.42	3.22	$9,121
Jul 2009	0	3,063	61.13	3.46	$10,612
Jun 2009	12	2,447	66.16	3.90	$10,325
May 2009	0	1,608	54.74	3.93	$6,313
Apr 2009	0	2,451	46.77	3.59	$8,793
Mar 2009	21	2,621	42.14	4.06	$11,524
Feb 2009	0	2,767	32.81	4.63	$12,820
Jan 2009	38	3,372	35.86	5.37	$19,474
Dec 2008	37	2,533	37.10	5.98	$16,513
Nov 2008	0	3,569	55.49	6.86	$24,485
Oct 2008	13	3,839	75.24	6.92	$27,552
Sep 2008	0	3,150	101.76	7.88	$24,813
Aug 2008	0	2,972	114.22	8.48	$25,212
Jul 2008	0	2,925	131.08	11.39	$33,314
Jun 2008	1	3,202	131.33	13.03	$41,862
May 2008	0	3,644	123.17	11.57	$42,177
Apr 2008	0	2,901	110.31	10.45	$30,330
Mar 2008	0	3,048	101.90	9.66	$29,456
Feb 2008	2	3,544	92.53	8.77	$31,268
Jan 2008	0	3,450	90.38	8.21	$28,310
Dec 2007	0	3,699	88.33	7.30	$27,010
Nov 2007	2	3,709	91.67	7.29	$27,228
Oct 2007	2	2,863	82.85	6.92	$19,983
Sep 2007	0	3,858	75.84	6.24	$24,090
Aug 2007	5	3,434	69.06	6.39	$22,281
Jul 2007	0	4,122	70.90	6.39	$26,331
Jun 2007	0	3,062	62.00	7.55	$23,113
May 2007	0	3,190	58.74	7.85	$25,030
Apr 2007	5	3,100	59.61	7.81	$24,494
Mar 2007	0	2,970	56.92	7.30	$21,687
Feb 2007	0	4,125	55.10	8.22	$33,891
Jan 2007	0	3,844	50.30	6.73	$25,858
Dec 2006	0	3,848	56.65	6.92	$26,622
Nov 2006	0	3,959	54.20	7.62	$30,158
Oct 2006	0	3,760	54.90	6.01	$22,612
Sep 2006	1	3,209	60.08	5.04	$16,224
Aug 2006	0	3,603	68.71	7.34	$26,446
Jul 2006	0	3,773	69.37	6.34	$23,931
Jun 2006	0	2,627	66.28	6.38	$16,770
May 2006	5	3,626	66.01	6.42	$23,627
Apr 2006	0	3,910	64.39	7.36	$28,779
Mar 2006	5	3,536	56.70	7.08	$25,329
Feb 2006	0	3,890	57.59	7.75	$30,152
Jan 2006	0	4,381	60.59	8.93	$39,137
Dec 2005	0	4,717	54.94	13.42	$63,280
Nov 2005	0	4,032	54.69	10.59	$42,692
Oct 2005	0	3,979	58.34	13.80	$54,893
Sep 2005	0	4,241	61.45	12.08	$51,227
Aug 2005	0	4,579	61.51	9.80	$44,860
Jul 2005	0	4,805	55.69	7.84	$37,689
Jun 2005	0	4,193	52.33	7.38	$30,949
May 2005	0	4,553	45.22	6.65	$30,283
Apr 2005	0	4,255	49.20	7.36	$31,319
Mar 2005	0	4,125	50.37	7.15	$29,514
Feb 2005	0	4,380	45.22	6.31	$27,646
Jan 2005	0	5,032	43.16	6.32	$31,813
Dec 2004	0	4,581	39.86	6.75	$30,927
Nov 2004	0	4,734	45.28	6.33	$29,968
Oct 2004	0	5,502	49.70	6.52	$35,846
Sep 2004	0	4,895	43.24	5.28	$25,865
Aug 2004	0	4,099	42.37	5.55	$22,752
Jul 2004	0	5,089	38.28	6.08	$30,962
Jun 2004	0	4,763	36.10	6.43	$30,640
May 2004	0	5,142	37.48	6.49	$33,395
Apr 2004	0	4,547	34.47	5.86	$26,638
Mar 2004	0	5,557	34.36	5.53	$30,731
Feb 2004	0	4,489	32.45	5.51	$24,733
Jan 2004	0	4,961	32.03	6.30	$31,253
Dec 2003	0	5,584	30.26	6.30	$35,188
Nov 2003	0	5,422	28.80	4.60	$24,915
Oct 2003	0	5,266	28.17	4.76	$25,064
Sep 2003	0	5,352	26.31	4.75	$25,419
Aug 2003	0	5,792	29.76	5.13	$29,711
Jul 2003	0	5,964	29.41	5.17	$30,839
Jun 2003	0	6,158	28.56	5.98	$36,843
May 2003	0	5,927	26.59	5.97	$35,400
Apr 2003	0	5,016	26.67	5.41	$27,123
Mar 2003	0	5,731	31.14	6.10	$34,936
Feb 2003	0	5,214	33.48	7.93	$41,326
Jan 2003	0	5,915	30.31	5.58	$33,018
Dec 2002	0	6,395	26.91	4.85	$31,040
Nov 2002	0	6,141	24.66	4.14	$25,405
Oct 2002	0	6,461	26.46	4.23	$27,324
Sep 2002	0	6,338	27.44	3.64	$23,040
Aug 2002	0	6,598	25.96	3.16	$20,877
Jul 2002	0	6,491	24.58	3.06	$19,874
Jun 2002	0	6,485	23.73	3.34	$21,648
May 2002	0	6,584	24.66	3.58	$23,597
Apr 2002	0	6,097	23.65	3.51	$21,415
Mar 2002	0	6,266	22.00	3.10	$19,442
Feb 2002	0	5,967	18.22	2.38	$14,176
Jan 2002	0	5,978	17.17	2.38	$14,202
Dec 2001	0	5,714	16.93	2.36	$13,510
Nov 2001	0	6,362	18.07	2.41	$15,304
Oct 2001	0	6,678	19.78	2.53	$16,888
Sep 2001	0	7,216	24.26	2.25	$16,246
Aug 2001	2	5,585	24.87	3.05	$17,102
Jul 2001	15	6,483	23.93	3.20	$21,086
Jun 2001	10	6,602	24.56	3.82	$25,493
May 2001	21	6,548	25.52	4.31	$28,740
Apr 2001	16	8,443	24.68	5.34	$45,441
Mar 2001	17	5,931	24.54	5.38	$32,305
Feb 2001	15	6,606	27.75	5.77	$38,514
Jan 2001	0	9,049	27.47	8.40	$76,000
Dec 2000	0	8,420	26.88	9.12	$76,811
Nov 2000	0	8,004	32.21	5.66	$45,287
Oct 2000	0	2,862	31.23	5.15	$14,726
Sep 2000	0	4,393	31.87	5.19	$22,784
Aug 2000	0	3,775	29.64	4.54	$17,141
Jul 2000	3	7,293	28.53	4.09	$29,912
Jun 2000	8	6,113	29.30	4.40	$27,115
May 2000	10	8,279	27.26	3.68	$30,737
Apr 2000	14	7,194	24.51	3.12	$22,760
Mar 2000	20	7,981	28.42	2.86	$23,392
Feb 2000	7	7,451	27.62	2.73	$20,508
Jan 2000	0	7,798	25.27	2.48	$19,343
Dec 1999	14	18,452	24.28	2.42	$45,062
Nov 1999	5	7,400	23.19	2.43	$18,127
Oct 1999	7	7,823	20.98	2.80	$22,080
Sep 1999	16	7,569	21.75	2.62	$20,170
Aug 1999	7	8,555	19.26	2.88	$24,736
Jul 1999	0	8,081	17.89	2.37	$19,171
Jun 1999	0	7,891	15.94	2.36	$18,639
May 1999	0	7,644	15.79	2.32	$17,742
Apr 1999	0	7,422	15.10	2.21	$16,388
Mar 1999	0	7,986	12.47	1.84	$14,681
Feb 1999	0	8,028	9.98	1.82	$14,593
Jan 1999	71	9,111	10.38	1.90	$18,047
Dec 1998	203	8,783	9.20	1.77	$17,443
Nov 1998	210	8,572	10.89	2.19	$21,023
Oct 1998	108	9,573	12.42	1.97	$20,193
Sep 1998	209	10,306	12.59	2.08	$24,095
Aug 1998	214	11,035	11.30	1.91	$23,466
Jul 1998	0	10,752	11.74	2.24	$24,055
Jun 1998	0	6,276	11.24	2.24	$14,041
May 1998	0	4,938	12.62	2.21	$10,895
Apr 1998	0	10,130	13.04	2.51	$25,379
Mar 1998	0	10,352	12.80	2.31	$23,907
Feb 1998	0	10,572	13.95	2.30	$24,306
Jan 1998	0	11,643	14.70	2.15	$25,088
Dec 1997	0	12,600	16.32	2.41	$30,380
Nov 1997	0	11,958	18.19	3.09	$36,929
Oct 1997	0	13,482	19.25	3.15	$42,466
Sep 1997	0	13,150	17.74	2.95	$38,857
Aug 1997	0	12,517	17.86	2.55	$31,978
Jul 1997	0	11,874	17.58	2.25	$26,680
Jun 1997	0	11,772	17.24	2.26	$26,572
May 1997	0	12,150	18.97	2.31	$28,048
Apr 1997	0	12,416	17.88	2.08	$25,860
Mar 1997	0	13,193	18.95	1.94	$25,583
Feb 1997	0	12,471	20.49	2.21	$27,510
Jan 1997	0	12,658	23.48	3.54	$44,806
Dec 1996	0	12,922	23.32	—	$0
Nov 1996	0	13,172	21.97	—	$0
Oct 1996	0	14,510	23.31	—	$0
Sep 1996	0	13,997	22.22	—	$0
Aug 1996	0	15,728	20.26	—	$0
Jul 1996	0	14,942	19.55	—	$0
Jun 1996	0	14,481	18.73	—	$0
May 1996	0	17,199	19.43	—	$0
Apr 1996	0	15,742	21.51	—	$0
Mar 1996	0	15,828	19.38	—	$0
Feb 1996	0	17,654	16.98	—	$0
Jan 1996	4	15,675	17.07	—	$68
Dec 1995	11	18,071	17.19	—	$189
Nov 1995	8	18,698	16.00	—	$128
Oct 1995	7	20,065	15.43	—	$108
Sep 1995	7	19,091	16.18	—	$113
Aug 1995	8	20,609	15.92	—	$127
Jul 1995	9	21,866	15.24	—	$137
Jun 1995	26	21,633	16.41	—	$427
May 1995	21	22,177	17.56	—	$369
Apr 1995	41	22,771	17.73	—	$727
Mar 1995	35	26,477	16.44	—	$575
Feb 1995	89	26,101	16.58	—	$1,476
Jan 1995	36	28,051	15.92	—	$573
Dec 1994	4	32,471	15.03	—	$60
Nov 1994	4	29,714	15.90	—	$64
Oct 1994	1	18,065	15.58	—	$16
Sep 1994	3	12,293	15.29	—	$46
Aug 1994	6	34,348	16.13	—	$97
Jul 1994	6	36,793	17.56	—	$105
Jun 1994	6	34,309	17.09	—	$103
May 1994	9	38,337	15.88	—	$143
Apr 1994	4	38,222	14.14	—	$57
Mar 1994	0	47,375	12.46	—	$0
Feb 1994	0	33,596	12.50	—	$0
Jan 1994	0	20,217	12.66	—	$0
Dec 1993	0	31,337	12.33	—	$0
Nov 1993	0	35,109	14.49	—	$0
Oct 1993	0	19,632	15.85	—	$0
Sep 1993	0	56,710	15.03	—	$0
Aug 1993	0	69,011	15.66	—	$0
Jul 1993	0	77,500	15.46	—	$0
Jun 1993	0	70,427	16.79	—	$0
May 1993	0	58,879	17.68	—	$0
Apr 1993	0	62,077	18.05	—	$0
Mar 1993	0	68,270	18.14	—	$0
Feb 1993	0	71,338	17.90	—	$0
Jan 1993	0	78,974	16.93	—	$0

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.

Aug 2010 — as filed, then multipliedworked

Condensate             2 bbl  × $ 73.68 =       $147
Gas                   10 Mcf  × $  4.42 =        $44

────────────────────────────────────────────────────
Month total                                     $192

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/142684 is the state's own key, not one this site invented.