A. MARTINEZ UNIT

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

Gas lease lease 148338District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Feb 1994 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
388
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-08-21144583
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
CondensateDisposition52,418 bbl$1,076,123
GasProduction6,479,848 Mcf$12,952,461
Total$14,028,584

2,995,176 Mcf of this lease's gas, across 35 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 27.2889, -99.4092. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28888, -99.40919 · 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
9,100 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 9,100 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-5053314039,100 ftFeb 1994

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 (388)

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

388 months

May 202601,930106.413.05$5,878
Apr 202602,00698.932.87$5,757
Mar 202602,07189.753.15$6,522
Feb 202601,94263.503.75$7,283
Jan 202602,08759.138.00$16,692
Dec 202502,33556.664.41$10,305
Nov 202501,75558.593.93$6,891
Oct 202502,31359.383.30$7,644
Sep 202502,04362.743.08$6,286
Aug 202502,30963.933.01$6,961
Jul 202501,92966.743.32$6,395
Jun 20251552,22566.483.13$17,266
May 202502,33860.553.23$7,557
Apr 202502,17662.363.54$7,710
Mar 202502,07167.704.27$8,840
Feb 202501,52170.884.34$6,602
Jan 202502,04074.324.28$8,729
Dec 202401,77768.993.12$5,547
Nov 202402,27069.052.20$4,990
Oct 2024962,05371.372.28$11,535
Sep 202401,31569.612.36$3,109
Aug 202401,83975.632.06$3,795
Jul 202402,07679.932.15$4,456
Jun 202402,33578.082.63$6,150
May 20241121,89978.812.20$13,002
Apr 202401,68284.451.66$2,791
Mar 202402,04280.301.55$3,155
Feb 202401,68376.091.78$3,002
Jan 202402,29473.023.30$7,565
Dec 202301,87771.262.61$4,900
Nov 202302,05777.892.81$5,775
Oct 202301,73485.443.09$5,353
Sep 202301,90189.042.74$5,199
Aug 202302,03280.522.67$5,431
Jul 2023782,34074.852.64$12,020
Jun 202302,11568.962.26$4,777
May 202302,46770.622.23$5,495
Apr 2023152,43178.122.24$6,612
Mar 202302,60772.852.39$6,239
Feb 202302,38575.112.47$5,881
Jan 202302,63576.533.39$8,927
Dec 202202,46576.415.73$14,122
Nov 202202,07385.005.65$11,705
Oct 202201,87987.185.86$11,018
Sep 202202,02784.888.16$16,548
Aug 202202,49494.529.13$22,763
Jul 202202,714101.587.54$20,469
Jun 202202,011115.097.98$16,042
May 202201,915109.378.43$16,149
Apr 202202,193104.226.84$14,995
Mar 202201,904108.885.08$9,665
Feb 2022161,83491.054.86$10,368
Jan 202202,31981.844.54$10,523
Dec 202102,42171.323.90$9,440
Nov 202102,21377.435.24$11,589
Oct 202101,48879.795.71$8,502
Sep 202102,29569.865.35$12,280
Aug 2021542,09266.024.22$12,395
Jul 202102,24870.783.98$8,952
Jun 202101,84869.493.38$6,247
May 202102,51363.483.02$7,583
Apr 202102,45760.362.76$6,777
Mar 202102,04361.302.72$5,551
Feb 202102,25357.805.55$12,500
Jan 202102,46550.412.81$6,927
Dec 202002,37644.642.68$6,357
Nov 202002,08938.772.71$5,654
Oct 202002,34536.972.48$5,812
Sep 202002,10237.091.99$4,185
Aug 202002,21739.982.39$5,288
Jul 202002,37938.371.83$4,342
Jun 202002,26334.901.69$3,825
May 202002,50216.921.81$4,541
Apr 202002,64914.751.80$4,780
Mar 202002,65130.341.86$4,921
Feb 202001,95649.881.98$3,874
Jan 202002,52057.252.09$5,279
Dec 201952,29859.012.30$5,590
Nov 201902,40955.302.75$6,626
Oct 201902,48353.472.42$6,005
Sep 201902,64155.052.66$7,018
Aug 201902,77753.112.30$6,399
Jul 2019242,61456.272.46$7,781
Jun 201902,53852.782.49$6,323
May 201902,65458.482.74$7,273
Apr 201902,54462.632.75$6,998
Mar 201902,74356.803.06$8,399
Feb 201902,37650.852.79$6,634
Jan 201902,70646.033.23$8,735
Dec 201802,15346.594.19$9,011
Nov 201801,98552.934.24$8,411
Oct 201802,38261.443.40$8,094
Sep 201802,14259.543.11$6,657
Aug 201802,39559.403.07$7,344
Jul 201802,49265.142.93$7,306
Jun 201802,22360.183.08$6,840
May 2018592,89165.382.90$12,244
Apr 201802,70063.842.90$7,832
Mar 201802,70661.222.79$7,541
Feb 201801,76261.782.77$4,874
Jan 201801,92662.874.01$7,722
Dec 201702,43557.272.92$7,114
Nov 201702,67455.423.12$8,338
Oct 201702,97349.292.98$8,870
Sep 2017912,61847.523.09$12,407
Aug 201702,69645.373.00$8,100
Jul 201702,95543.873.09$9,123
Jun 201702,70542.493.09$8,351
May 201703,01245.373.26$9,829
Apr 201703,00547.933.21$9,651
Mar 2017882,83046.772.98$12,560
Feb 201702,73050.452.95$8,061
Jan 201703,01549.413.42$10,308
Dec 201603,43148.763.72$12,773
Nov 201603,03342.492.64$8,020
Oct 201603,10646.193.09$9,598
Sep 201602,49441.553.10$7,733
Aug 201602,85341.442.92$8,343
Jul 201602,95941.622.92$8,653
Jun 201602,72545.352.69$7,319
May 201602,96642.521.99$5,905
Apr 201603,31236.561.99$6,594
Mar 2016723,24433.011.79$8,196
Feb 201602,42526.472.06$5,004
Jan 201603,44427.352.36$8,143
Dec 201503,44432.362.00$6,893
Nov 201502,90138.792.17$6,287
Oct 201503,42443.552.43$8,309
Sep 201503,36242.992.76$9,274
Aug 201503,07340.162.87$8,827
Jul 201502,50648.152.95$7,380
Jun 201502,62656.152.88$7,570
May 201503,33155.212.96$9,845
Apr 201503,23149.822.71$8,745
Mar 201503,47942.892.93$10,210
Feb 201503,12644.662.98$9,304
Jan 201503,83043.433.10$11,875
Dec 201403,74254.693.59$13,439
Nov 201403,64970.464.25$15,515
Oct 201403,94678.303.90$15,393
Sep 2014553,72086.164.05$19,788
Aug 201402,97089.394.04$11,984
Jul 201402,70396.564.18$11,297
Jun 201403,23798.164.74$15,333
May 2014913,56294.734.73$25,456
Apr 201403,55895.944.81$17,111
Mar 201403,81795.895.06$19,302
Feb 201403,61597.406.19$22,384
Jan 201404,25590.404.86$20,682
Dec 201303,72291.824.35$16,207
Nov 201303,60288.853.74$13,465
Oct 2013634,19897.423.78$22,003
Sep 201303,884104.113.72$14,440
Aug 201304,166104.253.52$14,675
Jul 201304,489102.523.72$16,689
Jun 201303,73894.403.93$14,703
May 201304,46594.834.15$18,526
Apr 2013464,52393.964.28$23,692
Mar 201303,92793.623.91$15,366
Feb 201303,63991.233.42$12,445
Jan 201304,39591.603.42$15,031
Dec 201204,31286.773.42$14,748
Nov 201204,02586.953.62$14,590
Oct 201204,79689.383.40$16,305
Sep 201205,05594.672.92$14,753
Aug 20121315,14892.662.91$27,110
Jul 201204,27985.133.02$12,926
Jun 201205,05979.822.52$12,744
May 201205,26291.612.49$13,094
Apr 201204,870101.652.00$9,724
Mar 201202,763105.052.22$6,140
Feb 201201,498101.102.57$3,850
Jan 201203,50898.092.73$9,591
Dec 201103,90496.873.24$12,648
Nov 201104,62095.723.31$15,298
Oct 201104,33884.983.65$15,827
Sep 201104,36483.623.99$17,394
Aug 201105,15883.404.15$21,402
Jul 201105,02294.144.52$22,686
Jun 20111185,04492.904.64$34,366
May 201105,40398.134.40$23,799
Apr 201105,207105.964.33$22,563
Mar 201105,77196.364.06$23,415
Feb 201105,08885.644.18$21,268
Jan 201104,46986.504.59$20,507
Dec 201004,38085.734.35$19,043
Nov 201004,96980.843.80$18,859
Oct 2010875,57678.103.51$26,360
Sep 201005,52872.633.98$21,999
Aug 201006,10273.684.42$26,967
Jul 201004,99972.554.74$23,678
Jun 20101285,01370.364.91$33,622
May 201005,20371.124.24$22,036
Apr 201004,96681.694.12$20,473
Mar 201005,72878.394.39$25,138
Feb 201004,51573.585.44$24,572
Jan 20101226,56374.365.96$48,214
Dec 200905,74771.445.48$31,515
Nov 200905,97874.593.75$22,426
Oct 200906,03572.544.11$24,805
Sep 200906,15965.543.06$18,876
Aug 200905,77567.423.22$18,587
Jul 200905,70661.133.46$19,768
Jun 200905,87166.163.90$22,868
May 200906,31054.743.93$24,771
Apr 20091225,56346.773.59$25,663
Mar 200905,89942.144.06$23,944
Feb 200903,41032.814.63$15,799
Jan 200905,16035.865.37$27,714
Dec 20081435,32537.105.98$37,134
Nov 200806,16455.496.86$42,287
Oct 200803,81975.246.92$26,435
Sep 200805,835101.767.88$45,963
Aug 200806,408114.228.48$54,359
Jul 200804,423131.0811.39$50,375
Jun 200805,170131.3313.03$67,379
May 200806,425123.1711.57$74,365
Apr 20081217,046110.3110.45$87,012
Mar 200806,811101.909.66$65,822
Feb 200806,38692.538.77$56,009
Jan 20081346,21890.388.21$63,134
Dec 200705,02888.337.30$36,714
Nov 200706,17191.677.29$44,997
Oct 200707,44282.856.92$51,513
Sep 20071626,81675.846.24$54,846
Aug 200706,55869.066.39$41,892
Jul 200708,09770.906.39$51,723
Jun 200705,84762.007.55$44,136
May 200707,32358.747.85$57,458
Apr 20071857,67059.617.81$70,894
Mar 200707,84056.927.30$57,247
Feb 200706,00455.108.22$49,329
Jan 20071087,74250.306.73$57,512
Dec 200606,40956.656.92$44,340
Nov 200606,34954.207.62$48,363
Oct 2006618,87054.906.01$56,691
Sep 200606,78560.085.04$34,177
Aug 200604,38268.717.34$32,164
Jul 200606,71169.376.34$42,566
Jun 200607,52066.286.38$48,007
May 200608,89066.016.42$57,118
Apr 200609,69364.397.36$71,345
Mar 200611410,12356.707.08$78,164
Feb 200607,28257.597.75$56,444
Jan 200608,17360.598.93$73,012
Dec 2005857,18254.9413.42$101,019
Nov 200506,41754.6910.59$67,946
Oct 200508,08558.3413.80$111,539
Sep 200509,89261.4512.08$119,485
Aug 200506,87561.519.80$67,353
Jul 200508,20355.697.84$64,341
Jun 200507,97352.337.38$58,849
May 200508,36245.226.65$55,617
Apr 200509,77449.207.36$71,941
Mar 2005010,24550.377.15$73,302
Feb 20051889,23345.226.31$66,779
Jan 200516011,12443.166.32$77,234
Dec 2004011,06639.866.75$74,707
Nov 2004010,66245.286.33$67,495
Oct 2004010,76749.706.52$70,148
Sep 2004011,44343.245.28$60,464
Aug 2004011,68742.375.55$64,871
Jul 2004011,42538.286.08$69,512
Jun 20041639,15136.106.43$64,753
May 200407,87937.486.49$51,171
Apr 20042237,58834.475.86$52,141
Mar 200409,06234.365.53$50,114
Feb 200408,38532.455.51$46,198
Jan 200408,44832.036.30$53,219
Dec 2003529,27930.266.30$60,046
Nov 2003010,95028.804.60$50,317
Oct 20035211,31628.174.76$55,325
Sep 2003011,78426.314.75$55,966
Aug 2003012,03929.765.13$61,757
Jul 200314213,48729.415.17$73,915
Jun 2003014,91128.565.98$89,212
May 200312616,55926.595.97$102,252
Apr 200317015,78126.675.41$89,866
Mar 20031768,74831.146.10$58,809
Feb 200308,27933.487.93$65,618
Jan 20031809,10530.315.58$56,280
Dec 20021819,64126.914.85$51,666
Nov 200208,91124.664.14$36,864
Oct 20021779,75426.464.23$45,934
Sep 2002012,18027.443.64$44,277
Aug 2002012,48025.963.16$39,489
Jul 200234312,32824.583.06$46,176
Jun 2002014,28823.733.34$47,697
May 2002013,76124.663.58$49,319
Apr 200215814,15923.653.51$53,468
Mar 2002013,38122.003.10$41,518
Feb 200223613,15318.222.38$35,547
Jan 2002016,07117.172.38$38,180
Dec 20019215,27616.932.36$37,676
Nov 20018915,55518.072.41$39,026
Oct 2001015,68919.782.53$39,676
Sep 20018815,98724.262.25$38,127
Aug 2001016,91624.873.05$51,647
Jul 2001016,99923.933.20$54,347
Jun 200117717,05424.563.82$69,564
May 2001017,36625.524.31$74,801
Apr 2001018,51224.685.34$98,767
Mar 200117418,21424.545.38$102,196
Feb 2001016,70927.755.77$96,362
Jan 200117419,27027.478.40$166,624
Dec 20008820,49226.889.12$189,304
Nov 20008619,53132.215.66$113,276
Oct 2000020,70331.235.15$106,527
Sep 20006420,26431.875.19$107,139
Aug 200016924,06829.644.54$114,296
Jul 20009424,59528.534.09$103,269
Jun 200010024,60629.304.40$111,129
May 200022526,04227.263.68$101,962
Apr 200012725,98824.513.12$84,091
Mar 200015626,54628.422.86$80,348
Feb 200015426,03427.622.73$75,235
Jan 200031428,91525.272.48$79,658
Dec 199915630,21224.282.42$77,013
Nov 1999030,78923.192.43$74,940
Oct 199930432,90820.982.80$98,642
Sep 199929932,39421.752.62$91,338
Aug 199915233,74319.262.88$99,959
Jul 199929836,72217.892.37$92,449
Jun 1999037,81915.942.36$89,332
May 199943234,21315.792.32$86,230
Apr 199928831,88015.102.21$74,741
Mar 199945836,97512.471.84$73,684
Feb 199915233,1159.981.82$61,713
Jan 199931039,16710.381.90$77,633
Dec 199815640,0689.201.77$72,489
Nov 199861440,18710.892.19$94,524
Oct 199829643,26712.421.97$88,878
Sep 199814943,65812.592.08$92,799
Aug 199824746,04211.301.91$90,609
Jul 199820649,34411.742.24$112,814
Jun 199829849,63111.242.24$114,387
May 19989953,95812.622.21$120,299
Apr 199829855,19213.042.51$142,160
Mar 199842455,19512.802.31$132,897
Feb 19989945,94913.952.30$107,024
Jan 199828056,69314.702.15$126,278
Dec 199737059,39016.322.41$149,234
Nov 199735648,95418.193.09$157,658
Oct 199729145,38619.253.15$148,559
Sep 199719045,78417.742.95$138,657
Aug 199738544,43417.862.55$120,393
Jul 199718943,84717.582.25$101,844
Jun 199718849,75417.242.26$115,546
May 199728746,91618.972.31$113,750
Apr 199729747,70717.882.08$104,674
Mar 199730352,29118.951.94$107,141
Feb 199739946,11120.492.21$109,892
Jan 199731653,31523.483.54$196,139
Dec 199643759,20023.32$10,191
Nov 199628556,95421.97$6,261
Oct 199638865,68323.31$9,044
Sep 199658763,94122.22$13,043
Aug 199641368,86520.26$8,367
Jul 199643872,50619.55$8,563
Jun 199641477,30018.73$7,754
May 199658983,87319.43$11,444
Apr 199660686,24621.51$13,035
Mar 199673693,53719.38$14,264
Feb 199659995,40016.98$10,171
Jan 1996982103,46817.07$16,763
Dec 1995760104,06717.19$13,064
Nov 1995822104,85116.00$13,152
Oct 1995771111,31015.43$11,897
Sep 199569696,10316.18$11,261
Aug 199548079,67715.92$7,642
Jul 199578679,46215.24$11,979
Jun 199557476,11716.41$9,419
May 199580081,19617.56$14,048
Apr 199586482,91417.73$15,319
Mar 19951,01386,43816.44$16,654
Feb 199588574,36616.58$14,673
Jan 19951,45885,28215.92$23,211
Dec 19941,78891,70115.03$26,874
Nov 19941,60891,73915.90$25,567
Oct 19941,90495,95315.58$29,664
Sep 19942,07492,74615.29$31,711
Aug 19941,65496,43616.13$26,679
Jul 19941,926115,11417.56$33,821
Jun 19941,72097,15317.09$29,395
May 19941,69897,09615.88$26,964
Apr 19941,68287,56214.14$23,783
Mar 19942,03995,02712.46$25,406
Feb 199431745,89312.50$3,963

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,930 Mcf  × $  3.05 =     $5,878

────────────────────────────────────────────────────
Month total                                   $5,878

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/148338 is the state's own key, not one this site invented.