MARTINEZ, S. A

Name: MARTINEZ, S. A 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 HUNDIDO (9300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142847District 04Field 43593600CondensateGasSave Export

Value, all time

$125 k

Jan 1993 – Mar 2002

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

111

no gaps in the span

Streams

condensate, gas

The HUNDIDO (9300) 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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered

1978-09-30

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 1994-10-10.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 12/1/93.”

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	49 bbl	$741
Gas	Production	141,153 Mcf	$124,076
Total			$124,817

98,268 Mcf of this lease's gas, across 47 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 27.1353, -99.2841. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.13534, -99.28411 · 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

0.0%

0 of 1 wells

Median depth

11,003 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

1100.0%

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.

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 11,003 ft.

Completions filed

Mar 2002

1 of 1 wells

1 well


42-50530998	3	11,003 ft	Mar 2002	—	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 (111)

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

111 months


Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	46	17.17	2.38	$109
Dec 2001	0	87	16.93	2.36	$206
Nov 2001	0	114	18.07	2.41	$274
Oct 2001	0	162	19.78	2.53	$410
Sep 2001	0	243	24.26	2.25	$547
Aug 2001	0	137	24.87	3.05	$418
Jul 2001	0	241	23.93	3.20	$771
Jun 2001	0	183	24.56	3.82	$700
May 2001	0	247	25.52	4.31	$1,064
Apr 2001	0	326	24.68	5.34	$1,739
Mar 2001	0	449	24.54	5.38	$2,414
Feb 2001	0	434	27.75	5.77	$2,503
Jan 2001	0	598	27.47	8.40	$5,022
Dec 2000	0	580	26.88	9.12	$5,291
Nov 2000	0	595	32.21	5.66	$3,367
Oct 2000	0	577	31.23	5.15	$2,969
Sep 2000	0	600	31.87	5.19	$3,112
Aug 2000	0	725	29.64	4.54	$3,292
Jul 2000	0	691	28.53	4.09	$2,826
Jun 2000	0	573	29.30	4.40	$2,520
May 2000	0	352	27.26	3.68	$1,295
Apr 2000	0	640	24.51	3.12	$1,994
Mar 2000	0	610	28.42	2.86	$1,744
Feb 2000	0	311	27.62	2.73	$848
Jan 2000	0	635	25.27	2.48	$1,575
Dec 1999	0	496	24.28	2.42	$1,202
Nov 1999	0	527	23.19	2.43	$1,283
Oct 1999	0	564	20.98	2.80	$1,581
Sep 1999	0	587	21.75	2.62	$1,537
Aug 1999	0	621	19.26	2.88	$1,786
Jul 1999	0	704	17.89	2.37	$1,670
Jun 1999	0	633	15.94	2.36	$1,495
May 1999	0	664	15.79	2.32	$1,541
Apr 1999	0	544	15.10	2.21	$1,201
Mar 1999	0	754	12.47	1.84	$1,386
Feb 1999	12	731	9.98	1.82	$1,449
Jan 1999	0	882	10.38	1.90	$1,676
Dec 1998	0	829	9.20	1.77	$1,470
Nov 1998	0	927	10.89	2.19	$2,026
Oct 1998	0	933	12.42	1.97	$1,837
Sep 1998	0	1,011	12.59	2.08	$2,106
Aug 1998	0	956	11.30	1.91	$1,823
Jul 1998	0	1,143	11.74	2.24	$2,557
Jun 1998	0	685	11.24	2.24	$1,533
May 1998	0	804	12.62	2.21	$1,774
Apr 1998	0	828	13.04	2.51	$2,074
Mar 1998	0	966	12.80	2.31	$2,231
Feb 1998	0	699	13.95	2.30	$1,607
Jan 1998	0	1,114	14.70	2.15	$2,400
Dec 1997	0	1,303	16.32	2.41	$3,142
Nov 1997	0	1,180	18.19	3.09	$3,644
Oct 1997	0	1,122	19.25	3.15	$3,534
Sep 1997	0	818	17.74	2.95	$2,417
Aug 1997	0	830	17.86	2.55	$2,120
Jul 1997	0	1,042	17.58	2.25	$2,341
Jun 1997	0	1,116	17.24	2.26	$2,519
May 1997	0	1,277	18.97	2.31	$2,948
Apr 1997	0	1,289	17.88	2.08	$2,685
Mar 1997	0	1,567	18.95	1.94	$3,039
Feb 1997	0	1,194	20.49	2.21	$2,634
Jan 1997	0	1,389	23.48	3.54	$4,917
Dec 1996	0	1,882	23.32	—	$0
Nov 1996	0	1,693	21.97	—	$0
Oct 1996	0	1,868	23.31	—	$0
Sep 1996	0	1,726	22.22	—	$0
Aug 1996	0	1,629	20.26	—	$0
Jul 1996	0	1,882	19.55	—	$0
Jun 1996	0	1,741	18.73	—	$0
May 1996	0	1,447	19.43	—	$0
Apr 1996	0	1,802	21.51	—	$0
Mar 1996	0	1,715	19.38	—	$0
Feb 1996	0	1,843	16.98	—	$0
Jan 1996	0	2,020	17.07	—	$0
Dec 1995	0	2,221	17.19	—	$0
Nov 1995	0	1,174	16.00	—	$0
Oct 1995	0	826	15.43	—	$0
Sep 1995	0	1,289	16.18	—	$0
Aug 1995	0	1,561	15.92	—	$0
Jul 1995	0	1,751	15.24	—	$0
Jun 1995	0	1,552	16.41	—	$0
May 1995	0	1,927	17.56	—	$0
Apr 1995	0	2,115	17.73	—	$0
Mar 1995	0	2,206	16.44	—	$0
Feb 1995	0	2,190	16.58	—	$0
Jan 1995	0	2,098	15.92	—	$0
Dec 1994	0	1,972	15.03	—	$0
Nov 1994	0	2,293	15.90	—	$0
Oct 1994	0	2,646	15.58	—	$0
Sep 1994	0	2,710	15.29	—	$0
Aug 1994	0	2,805	16.13	—	$0
Jul 1994	0	2,210	17.56	—	$0
Jun 1994	0	2,357	17.09	—	$0
May 1994	0	2,708	15.88	—	$0
Apr 1994	0	2,634	14.14	—	$0
Mar 1994	0	2,951	12.46	—	$0
Feb 1994	0	2,798	12.50	—	$0
Jan 1994	0	2,509	12.66	—	$0
Dec 1993	0	2,545	12.33	—	$0
Nov 1993	0	2,528	14.49	—	$0
Oct 1993	0	2,693	15.85	—	$0
Sep 1993	0	2,731	15.03	—	$0
Aug 1993	0	3,134	15.66	—	$0
Jul 1993	0	2,463	15.46	—	$0
Jun 1993	37	0	16.79	—	$621
May 1993	0	1,568	17.68	—	$0
Apr 1993	0	1,990	18.05	—	$0
Mar 1993	0	2,222	18.14	—	$0
Feb 1993	0	1,897	17.90	—	$0
Jan 1993	0	1,746	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.

Jan 2002 — as filed, then multipliedworked

Condensate             0 bbl  × $ 17.17 =         $0
Gas                   46 Mcf  × $  2.38 =       $109

────────────────────────────────────────────────────
Month total                                     $109

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/142847 is the state's own key, not one this site invented.