MARTINEZ, E.T.

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

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143481District 04Field 059936002 tax incentive programmesCondensateGasSave Export

Value, all time

$698 k

Jan 1993 – Sep 2018

Value, last 12 filed months

at the published price for each month

Months reported

309

no gaps in the span

Streams

condensate, gas

The BASHARA-HEREFORD (7300) 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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered

1986-07-30

as the register files it

Field class

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: “ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/94.”

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	4	4	2001-08-22 – 2002-09-10	4 dockets
NGPA	5	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	2,437 bbl	$59,006
Gas	Production	1,089,235 Mcf	$638,928
Total			$697,934

918,292 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 27.2934, -99.3825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29336, -99.38254 · 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

8,737 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 8,737 ft.

Completions filed

Oct 2016

1 of 1 wells

1 well


42-50531136	4	8,737 ft	Oct 2016	—	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 (309)

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

309 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	1	0	46.19	3.09	$46
Sep 2016	0	183	41.55	3.10	$567
Aug 2016	0	223	41.44	2.92	$652
Jul 2016	0	232	41.62	2.92	$678
Jun 2016	0	231	45.35	2.69	$620
May 2016	0	253	42.52	1.99	$504
Apr 2016	0	266	36.56	1.99	$530
Mar 2016	0	276	33.01	1.79	$495
Feb 2016	0	352	26.47	2.06	$726
Jan 2016	0	325	27.35	2.36	$768
Dec 2015	0	321	32.36	2.00	$642
Nov 2015	0	333	38.79	2.17	$722
Oct 2015	0	363	43.55	2.43	$881
Sep 2015	0	392	42.99	2.76	$1,081
Aug 2015	0	476	40.16	2.87	$1,367
Jul 2015	0	448	48.15	2.95	$1,319
Jun 2015	0	490	56.15	2.88	$1,413
May 2015	0	604	55.21	2.96	$1,785
Apr 2015	0	640	49.82	2.71	$1,732
Mar 2015	0	453	42.89	2.93	$1,329
Feb 2015	0	233	44.66	2.98	$693
Jan 2015	0	256	43.43	3.10	$794
Dec 2014	0	301	54.69	3.59	$1,081
Nov 2014	0	282	70.46	4.25	$1,199
Oct 2014	0	367	78.30	3.90	$1,432
Sep 2014	0	298	86.16	4.05	$1,206
Aug 2014	2	303	89.39	4.04	$1,401
Jul 2014	1	282	96.56	4.18	$1,275
Jun 2014	1	301	98.16	4.74	$1,524
May 2014	2	320	94.73	4.73	$1,702
Apr 2014	3	541	95.94	4.81	$2,890
Mar 2014	0	218	95.89	5.06	$1,102
Feb 2014	1	254	97.40	6.19	$1,670
Jan 2014	1	249	90.40	4.86	$1,301
Dec 2013	2	328	91.82	4.35	$1,612
Nov 2013	1	297	88.85	3.74	$1,199
Oct 2013	10	410	97.42	3.78	$2,524
Sep 2013	1	304	104.11	3.72	$1,234
Aug 2013	0	315	104.25	3.52	$1,110
Jul 2013	3	383	102.52	3.72	$1,731
Jun 2013	0	322	94.40	3.93	$1,267
May 2013	0	383	94.83	4.15	$1,589
Apr 2013	0	412	93.96	4.28	$1,764
Mar 2013	1	428	93.62	3.91	$1,768
Feb 2013	0	362	91.23	3.42	$1,238
Jan 2013	0	312	91.60	3.42	$1,067
Dec 2012	0	274	86.77	3.42	$937
Nov 2012	0	296	86.95	3.62	$1,073
Oct 2012	0	345	89.38	3.40	$1,173
Sep 2012	0	367	94.67	2.92	$1,071
Aug 2012	0	480	92.66	2.91	$1,396
Jul 2012	0	331	85.13	3.02	$1,000
Jun 2012	0	374	79.82	2.52	$942
May 2012	0	520	91.61	2.49	$1,294
Apr 2012	0	490	101.65	2.00	$978
Mar 2012	2	293	105.05	2.22	$861
Feb 2012	1	286	101.10	2.57	$836
Jan 2012	0	339	98.09	2.73	$927
Dec 2011	0	299	96.87	3.24	$969
Nov 2011	1	369	95.72	3.31	$1,318
Oct 2011	3	351	84.98	3.65	$1,536
Sep 2011	0	319	83.62	3.99	$1,271
Aug 2011	1	387	83.40	4.15	$1,689
Jul 2011	2	357	94.14	4.52	$1,801
Jun 2011	1	335	92.90	4.64	$1,647
May 2011	3	402	98.13	4.40	$2,065
Apr 2011	2	319	105.96	4.33	$1,594
Mar 2011	1	316	96.36	4.06	$1,378
Feb 2011	1	309	85.64	4.18	$1,377
Jan 2011	6	311	86.50	4.59	$1,946
Dec 2010	0	317	85.73	4.35	$1,378
Nov 2010	3	263	80.84	3.80	$1,241
Oct 2010	2	514	78.10	3.51	$1,960
Sep 2010	0	406	72.63	3.98	$1,616
Aug 2010	0	378	73.68	4.42	$1,671
Jul 2010	0	469	72.55	4.74	$2,221
Jun 2010	0	294	70.36	4.91	$1,444
May 2010	0	361	71.12	4.24	$1,529
Apr 2010	0	452	81.69	4.12	$1,863
Mar 2010	0	276	78.39	4.39	$1,211
Feb 2010	0	303	73.58	5.44	$1,649
Jan 2010	0	303	74.36	5.96	$1,807
Dec 2009	0	427	71.44	5.48	$2,342
Nov 2009	0	316	74.59	3.75	$1,185
Oct 2009	0	328	72.54	4.11	$1,348
Sep 2009	0	318	65.54	3.06	$975
Aug 2009	0	532	67.42	3.22	$1,712
Jul 2009	0	212	61.13	3.46	$734
Jun 2009	0	247	66.16	3.90	$962
May 2009	0	272	54.74	3.93	$1,068
Apr 2009	0	324	46.77	3.59	$1,162
Mar 2009	0	457	42.14	4.06	$1,855
Feb 2009	0	229	32.81	4.63	$1,061
Jan 2009	0	322	35.86	5.37	$1,729
Dec 2008	0	354	37.10	5.98	$2,116
Nov 2008	0	302	55.49	6.86	$2,072
Oct 2008	0	421	75.24	6.92	$2,914
Sep 2008	0	483	101.76	7.88	$3,805
Aug 2008	0	533	114.22	8.48	$4,521
Jul 2008	0	348	131.08	11.39	$3,964
Jun 2008	0	325	131.33	13.03	$4,236
May 2008	0	488	123.17	11.57	$5,648
Apr 2008	0	638	110.31	10.45	$6,670
Mar 2008	0	450	101.90	9.66	$4,349
Feb 2008	0	728	92.53	8.77	$6,385
Jan 2008	2	272	90.38	8.21	$2,413
Dec 2007	7	195	88.33	7.30	$2,042
Nov 2007	0	223	91.67	7.29	$1,626
Oct 2007	3	247	82.85	6.92	$1,958
Sep 2007	2	271	75.84	6.24	$1,844
Aug 2007	5	270	69.06	6.39	$2,070
Jul 2007	6	286	70.90	6.39	$2,252
Jun 2007	6	331	62.00	7.55	$2,871
May 2007	0	296	58.74	7.85	$2,323
Apr 2007	0	265	59.61	7.81	$2,068
Mar 2007	0	301	56.92	7.30	$2,198
Feb 2007	0	227	55.10	8.22	$1,865
Jan 2007	0	341	50.30	6.73	$2,294
Dec 2006	0	369	56.65	6.92	$2,553
Nov 2006	8	346	54.20	7.62	$3,069
Oct 2006	1	278	54.90	6.01	$1,727
Sep 2006	0	358	60.08	5.04	$1,803
Aug 2006	0	602	68.71	7.34	$4,419
Jul 2006	0	454	69.37	6.34	$2,880
Jun 2006	0	488	66.28	6.38	$3,115
May 2006	0	652	66.01	6.42	$4,189
Apr 2006	9	821	64.39	7.36	$6,622
Mar 2006	0	445	56.70	7.08	$3,152
Feb 2006	0	434	57.59	7.75	$3,364
Jan 2006	0	419	60.59	8.93	$3,743
Dec 2005	14	25	54.94	13.42	$1,105
Nov 2005	0	143	54.69	10.59	$1,514
Oct 2005	21	0	58.34	13.80	$1,225
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	35	394	61.51	9.80	$6,013
Jul 2005	0	862	55.69	7.84	$6,761
Jun 2005	0	315	52.33	7.38	$2,325
May 2005	0	746	45.22	6.65	$4,962
Apr 2005	0	543	49.20	7.36	$3,997
Mar 2005	0	594	50.37	7.15	$4,250
Feb 2005	0	556	45.22	6.31	$3,509
Jan 2005	0	438	43.16	6.32	$2,769
Dec 2004	0	570	39.86	6.75	$3,848
Nov 2004	0	405	45.28	6.33	$2,564
Oct 2004	0	546	49.70	6.52	$3,557
Sep 2004	0	470	43.24	5.28	$2,483
Aug 2004	28	649	42.37	5.55	$4,789
Jul 2004	0	439	38.28	6.08	$2,671
Jun 2004	0	503	36.10	6.43	$3,236
May 2004	0	406	37.48	6.49	$2,637
Apr 2004	0	432	34.47	5.86	$2,531
Mar 2004	0	359	34.36	5.53	$1,985
Feb 2004	0	528	32.45	5.51	$2,909
Jan 2004	0	500	32.03	6.30	$3,150
Dec 2003	0	582	30.26	6.30	$3,668
Nov 2003	28	719	28.80	4.60	$4,110
Oct 2003	26	596	28.17	4.76	$3,569
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	47	526	29.76	5.13	$4,097
Jul 2003	0	487	29.41	5.17	$2,518
Jun 2003	0	514	28.56	5.98	$3,075
May 2003	56	503	26.59	5.97	$4,493
Apr 2003	0	506	26.67	5.41	$2,736
Mar 2003	58	556	31.14	6.10	$5,196
Feb 2003	0	463	33.48	7.93	$3,670
Jan 2003	88	563	30.31	5.58	$5,810
Dec 2002	102	897	26.91	4.85	$7,099
Nov 2002	0	743	24.66	4.14	$3,074
Oct 2002	199	711	26.46	4.23	$8,272
Sep 2002	0	773	27.44	3.64	$2,810
Aug 2002	0	857	25.96	3.16	$2,712
Jul 2002	0	836	24.58	3.06	$2,560
Jun 2002	0	921	23.73	3.34	$3,075
May 2002	39	943	24.66	3.58	$4,341
Apr 2002	0	941	23.65	3.51	$3,305
Mar 2002	0	1,232	22.00	3.10	$3,823
Feb 2002	0	1,020	18.22	2.38	$2,423
Jan 2002	0	711	17.17	2.38	$1,689
Dec 2001	0	716	16.93	2.36	$1,693
Nov 2001	0	747	18.07	2.41	$1,797
Oct 2001	0	835	19.78	2.53	$2,112
Sep 2001	0	777	24.26	2.25	$1,749
Aug 2001	0	775	24.87	3.05	$2,366
Jul 2001	0	698	23.93	3.20	$2,232
Jun 2001	0	655	24.56	3.82	$2,505
May 2001	0	722	25.52	4.31	$3,110
Apr 2001	0	723	24.68	5.34	$3,857
Mar 2001	0	720	24.54	5.38	$3,871
Feb 2001	0	754	27.75	5.77	$4,348
Jan 2001	0	493	27.47	8.40	$4,141
Dec 2000	22	697	26.88	9.12	$6,950
Nov 2000	0	827	32.21	5.66	$4,679
Oct 2000	0	1,057	31.23	5.15	$5,439
Sep 2000	0	664	31.87	5.19	$3,444
Aug 2000	0	638	29.64	4.54	$2,897
Jul 2000	0	1,354	28.53	4.09	$5,538
Jun 2000	0	1,522	29.30	4.40	$6,693
May 2000	0	1,775	27.26	3.68	$6,532
Apr 2000	0	1,979	24.51	3.12	$6,167
Mar 2000	0	2,125	28.42	2.86	$6,077
Feb 2000	0	1,275	27.62	2.73	$3,476
Jan 2000	0	1,037	25.27	2.48	$2,572
Dec 1999	9	1,001	24.28	2.42	$2,645
Nov 1999	0	1,340	23.19	2.43	$3,262
Oct 1999	0	1,308	20.98	2.80	$3,667
Sep 1999	0	1,627	21.75	2.62	$4,261
Aug 1999	0	1,341	19.26	2.88	$3,856
Jul 1999	22	1,270	17.89	2.37	$3,406
Jun 1999	0	1,223	15.94	2.36	$2,889
May 1999	0	1,468	15.79	2.32	$3,407
Apr 1999	0	1,486	15.10	2.21	$3,281
Mar 1999	0	1,836	12.47	1.84	$3,375
Feb 1999	0	1,710	9.98	1.82	$3,108
Jan 1999	38	1,850	10.38	1.90	$3,909
Dec 1998	0	1,761	9.20	1.77	$3,123
Nov 1998	0	1,628	10.89	2.19	$3,558
Oct 1998	0	1,027	12.42	1.97	$2,022
Sep 1998	0	1,479	12.59	2.08	$3,080
Aug 1998	27	1,841	11.30	1.91	$3,817
Jul 1998	0	1,017	11.74	2.24	$2,275
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	354	12.62	2.21	$781
Apr 1998	0	2,156	13.04	2.51	$5,401
Mar 1998	19	2,677	12.80	2.31	$6,426
Feb 1998	0	2,403	13.95	2.30	$5,525
Jan 1998	0	2,834	14.70	2.15	$6,107
Dec 1997	0	2,411	16.32	2.41	$5,813
Nov 1997	29	2,205	18.19	3.09	$7,337
Oct 1997	0	2,546	19.25	3.15	$8,019
Sep 1997	0	2,376	17.74	2.95	$7,021
Aug 1997	31	2,956	17.86	2.55	$8,105
Jul 1997	0	3,032	17.58	2.25	$6,813
Jun 1997	27	2,877	17.24	2.26	$6,959
May 1997	0	2,958	18.97	2.31	$6,829
Apr 1997	31	3,437	17.88	2.08	$7,713
Mar 1997	0	3,894	18.95	1.94	$7,551
Feb 1997	29	3,786	20.49	2.21	$8,946
Jan 1997	0	4,868	23.48	3.54	$17,231
Dec 1996	35	4,781	23.32	—	$816
Nov 1996	0	5,076	21.97	—	$0
Oct 1996	37	6,157	23.31	—	$862
Sep 1996	0	7,003	22.22	—	$0
Aug 1996	12	13,380	20.26	—	$243
Jul 1996	19	17,056	19.55	—	$371
Jun 1996	39	4,496	18.73	—	$730
May 1996	45	8,218	19.43	—	$874
Apr 1996	59	8,633	21.51	—	$1,269
Mar 1996	0	9,396	19.38	—	$0
Feb 1996	0	8,744	16.98	—	$0
Jan 1996	0	11,334	17.07	—	$0
Dec 1995	0	11,842	17.19	—	$0
Nov 1995	0	12,054	16.00	—	$0
Oct 1995	100	12,219	15.43	—	$1,543
Sep 1995	0	12,633	16.18	—	$0
Aug 1995	0	12,732	15.92	—	$0
Jul 1995	0	12,261	15.24	—	$0
Jun 1995	0	12,688	16.41	—	$0
May 1995	0	14,317	17.56	—	$0
Apr 1995	0	14,294	17.73	—	$0
Mar 1995	0	16,601	16.44	—	$0
Feb 1995	0	15,569	16.58	—	$0
Jan 1995	131	18,464	15.92	—	$2,086
Dec 1994	0	19,069	15.03	—	$0
Nov 1994	0	23,549	15.90	—	$0
Oct 1994	0	23,047	15.58	—	$0
Sep 1994	78	11,766	15.29	—	$1,193
Aug 1994	0	12,644	16.13	—	$0
Jul 1994	0	13,657	17.56	—	$0
Jun 1994	0	14,445	17.09	—	$0
May 1994	0	16,065	15.88	—	$0
Apr 1994	0	12,639	14.14	—	$0
Mar 1994	75	14,164	12.46	—	$935
Feb 1994	0	13,552	12.50	—	$0
Jan 1994	0	15,401	12.66	—	$0
Dec 1993	0	9,552	12.33	—	$0
Nov 1993	171	31,379	14.49	—	$2,478
Oct 1993	0	28,824	15.85	—	$0
Sep 1993	0	29,494	15.03	—	$0
Aug 1993	0	32,103	15.66	—	$0
Jul 1993	0	35,836	15.46	—	$0
Jun 1993	179	38,751	16.79	—	$3,005
May 1993	0	43,076	17.68	—	$0
Apr 1993	168	46,497	18.05	—	$3,032
Mar 1993	0	51,861	18.14	—	$0
Feb 1993	0	52,970	17.90	—	$0
Jan 1993	156	58,003	16.93	—	$2,641

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 2016 — as filed, then multipliedworked

Condensate             1 bbl  × $ 46.19 =        $46
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $46

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/143481 is the state's own key, not one this site invented.