MARTINEZ, E.C.

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 148708District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Mar 1994 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
387
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 Gas112001-08-21144589
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
CondensateDisposition29,629 bbl$761,909
GasProduction3,941,672 Mcf$10,353,553
Total$11,115,461

1,486,171 Mcf of this lease's gas, across 34 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 27.2823, -99.4007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28227, -99.40070 · 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
8,365 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 8,365 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-5053315938,365 ftMar 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 (387)

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

387 months

May 20263330106.413.05$1,324
Apr 2026046198.932.87$1,323
Mar 2026034089.753.15$1,071
Feb 2026032163.503.75$1,204
Jan 2026038559.138.00$3,079
Dec 2025042356.664.41$1,867
Nov 2025042058.593.93$1,649
Oct 2025044359.383.30$1,464
Sep 2025039762.743.08$1,222
Aug 2025045363.933.01$1,366
Jul 2025042066.743.32$1,392
Jun 2025033066.483.13$1,032
May 2025032160.553.23$1,038
Apr 2025033562.363.54$1,187
Mar 2025033167.704.27$1,413
Feb 2025030670.884.34$1,328
Jan 2025033174.324.28$1,416
Dec 2024030068.993.12$936
Nov 2024036169.052.20$794
Oct 2024044671.372.28$1,018
Sep 2024038769.612.36$915
Aug 2024026375.632.06$543
Jul 2024032979.932.15$706
Jun 2024053278.082.63$1,401
May 202401,20278.812.20$2,643
Apr 202401,20784.451.66$2,003
Mar 202401,39580.301.55$2,155
Feb 202401,12376.091.78$2,003
Jan 2024052773.023.30$1,738
Dec 2023052571.262.61$1,371
Nov 2023050077.892.81$1,404
Oct 2023057785.443.09$1,781
Sep 2023073989.042.74$2,021
Aug 202301,21080.522.67$3,234
Jul 202301,46774.852.64$3,876
Jun 202304468.962.26$99
May 20230170.622.23$2
Apr 20230178.122.24$2
Mar 202323072.852.39$1,676
Feb 20230075.112.47$0
Jan 2023031576.533.39$1,067
Dec 2022042476.415.73$2,429
Nov 202202,59885.005.65$14,669
Oct 202202,48287.185.86$14,554
Sep 202202,71284.888.16$22,140
Aug 202202,41494.529.13$22,033
Jul 202202,565101.587.54$19,345
Jun 202202,678115.097.98$21,363
May 2022272,659109.378.43$25,376
Apr 202203,263104.226.84$22,311
Mar 202202,287108.885.08$11,610
Feb 202201,82491.054.86$8,863
Jan 202202,21181.844.54$10,033
Dec 202102,81171.323.90$10,960
Nov 202103,31877.435.24$17,376
Oct 2021371,94779.795.71$14,077
Sep 202103,32869.865.35$17,808
Aug 202101,94566.024.22$8,209
Jul 2021262,78470.783.98$12,926
Jun 202102,59069.493.38$8,756
May 202102,71263.483.02$8,184
Apr 202102,59160.362.76$7,147
Mar 202102,87861.302.72$7,819
Feb 202102,42757.805.55$13,465
Jan 2021212,98450.412.81$9,444
Dec 202002,88244.642.68$7,711
Nov 202002,87238.772.71$7,773
Oct 202003,97636.972.48$9,854
Sep 2020281,42037.091.99$3,866
Aug 202002,80139.982.39$6,681
Jul 202002,90138.371.83$5,295
Jun 202002,76734.901.69$4,677
May 202002,99916.921.81$5,442
Apr 2020252,77814.751.80$5,381
Mar 20201403,08330.341.86$9,970
Feb 202002,75249.881.98$5,451
Jan 202002,91357.252.09$6,102
Dec 2019162,97659.012.30$7,802
Nov 201902,91555.302.75$8,018
Oct 201903,05753.472.42$7,393
Sep 2019432,88555.052.66$10,033
Aug 201903,10153.112.30$7,146
Jul 201903,14156.272.46$7,727
Jun 201902,99452.782.49$7,459
May 201902,97758.482.74$8,158
Apr 2019462,95862.632.75$11,018
Mar 201903,07856.803.06$9,425
Feb 201902,72750.852.79$7,614
Jan 201902,92346.033.23$9,436
Dec 201803,09746.594.19$12,962
Nov 2018522,95552.934.24$15,273
Oct 201803,00861.443.40$10,221
Sep 201802,92459.543.11$9,088
Aug 201802,83859.403.07$8,703
Jul 201803,03865.142.93$8,907
Jun 201842,80060.183.08$8,856
May 201803,02765.382.90$8,781
Apr 201802,92363.842.90$8,479
Mar 2018443,25061.222.79$11,751
Feb 201802,99761.782.77$8,290
Jan 201803,19462.874.01$12,806
Dec 201783,20957.272.92$9,833
Nov 201702,97755.423.12$9,283
Oct 201703,05349.292.98$9,109
Sep 2017262,94247.523.09$10,318
Aug 201703,09845.373.00$9,308
Jul 201703,24243.873.09$10,009
Jun 201703,04842.493.09$9,410
May 2017433,48545.373.26$13,324
Apr 201703,42147.933.21$10,987
Mar 201703,57346.772.98$10,661
Feb 2017203,22550.452.95$10,531
Jan 201702,88949.413.42$9,877
Dec 201603,25648.763.72$12,122
Nov 201603,71542.492.64$9,824
Oct 201603,24246.193.09$10,019
Sep 201603,65841.553.10$11,342
Aug 201603,70441.442.92$10,832
Jul 201603,43041.622.92$10,030
Jun 201603,74045.352.69$10,045
May 201603,79142.521.99$7,548
Apr 201613,86136.561.99$7,724
Mar 201603,99833.011.79$7,172
Feb 201603,39226.472.06$7,000
Jan 201603,45927.352.36$8,178
Dec 201503,95532.362.00$7,916
Nov 201503,76438.792.17$8,158
Oct 201504,09843.552.43$9,944
Sep 201503,93142.992.76$10,843
Aug 201504,00740.162.87$11,510
Jul 201503,95248.152.95$11,639
Jun 201503,86756.152.88$11,148
May 201504,08755.212.96$12,079
Apr 201504,10549.822.71$11,110
Mar 201503,95142.892.93$11,595
Feb 201503,41844.662.98$10,173
Jan 201503,29843.433.10$10,226
Dec 201403,14154.693.59$11,280
Nov 201403,29770.464.25$14,018
Oct 201403,20978.303.90$12,518
Sep 2014822,97586.164.05$19,100
Aug 201413,19689.394.04$12,986
Jul 201413,61196.564.18$15,189
Jun 201423,78198.164.74$18,106
May 2014753,84594.734.73$25,278
Apr 2014653,69695.944.81$24,011
Mar 201403,73295.895.06$18,872
Feb 201422,54397.406.19$15,941
Jan 201413,47790.404.86$16,991
Dec 201332,13191.824.35$9,555
Nov 201322,81388.853.74$10,693
Oct 2013492,40097.423.78$13,844
Sep 2013863,010104.113.72$20,144
Aug 201304,083104.253.52$14,383
Jul 201333,015102.523.72$11,517
Jun 201303,54094.403.93$13,924
May 201304,18494.834.15$17,360
Apr 201304,26293.964.28$18,252
Mar 2013774,75793.623.91$25,822
Feb 201304,22291.233.42$14,439
Jan 201304,32291.603.42$14,781
Dec 2012614,94686.773.42$22,209
Nov 201204,43686.953.62$16,080
Oct 201204,82389.383.40$16,397
Sep 201204,68394.672.92$13,667
Aug 201203,51192.662.91$10,211
Jul 201204,90285.133.02$14,808
Jun 2012924,56179.822.52$18,833
May 201204,98491.612.49$12,402
Apr 201205,199101.652.00$10,381
Mar 20121353,884105.052.22$22,812
Feb 201214,460101.102.57$11,564
Jan 201204,85598.092.73$13,274
Dec 201104,69896.873.24$15,220
Nov 201134,83995.723.31$16,310
Oct 20111194,95184.983.65$28,177
Sep 20111444,71083.623.99$30,814
Aug 201115,07783.404.15$21,150
Jul 201125,13394.144.52$23,375
Jun 20111115,18592.904.64$34,370
May 2011895,48598.134.40$32,894
Apr 201105,329105.964.33$23,092
Mar 2011555,19496.364.06$26,374
Feb 201103,96985.644.18$16,590
Jan 2011504,77386.504.59$26,227
Dec 201005,12885.734.35$22,295
Nov 2010504,73580.843.80$22,013
Oct 201004,71178.103.51$16,530
Sep 2010605,06972.633.98$24,530
Aug 201015,26573.684.42$23,342
Jul 201005,51372.554.74$26,112
Jun 2010443,98370.364.91$22,654
May 2010375,63671.124.24$26,501
Apr 201015,14981.694.12$21,309
Mar 2010455,67378.394.39$28,424
Feb 201015,21273.585.44$28,439
Jan 2010385,89874.365.96$38,002
Dec 2009525,17671.445.48$32,099
Nov 200935,72174.593.75$21,686
Oct 2009586,04272.544.11$29,041
Sep 2009635,89265.543.06$22,187
Aug 200916,02767.423.22$19,465
Jul 2009525,86161.133.46$23,484
Jun 2009868,99866.163.90$40,737
May 200926,22454.743.93$24,543
Apr 2009866,23646.773.59$26,394
Mar 2009786,22942.144.06$28,570
Feb 200904,87132.814.63$22,567
Jan 2009646,31735.865.37$36,224
Dec 2008386,02237.105.98$37,404
Nov 200816,02155.496.86$41,362
Oct 2008256,12475.246.92$44,271
Sep 2008326,383101.767.88$53,536
Aug 2008256,942114.228.48$61,745
Jul 200806,024131.0811.39$68,610
Jun 200805,773131.3313.03$75,237
May 2008216,836123.1711.57$81,708
Apr 2008286,489110.3110.45$70,930
Mar 200817,233101.909.66$70,002
Feb 2008187,55292.538.77$67,901
Jan 2008206,03090.388.21$51,288
Dec 2007217,04688.337.30$53,305
Nov 200706,83891.677.29$49,861
Oct 200737,43482.856.92$51,707
Sep 200707,61775.846.24$47,562
Aug 200707,03669.066.39$44,946
Jul 200707,45170.906.39$47,597
Jun 200715,88462.007.55$44,477
May 200727,65958.747.85$60,212
Apr 200708,13159.617.81$63,464
Mar 200718,09456.927.30$59,159
Feb 200727,46655.108.22$61,451
Jan 200727,59150.306.73$51,164
Dec 200668,02756.656.92$55,874
Nov 2006246,36254.207.62$49,763
Oct 2006348,95954.906.01$55,744
Sep 2006348,63460.085.04$45,534
Aug 2006586,07568.717.34$48,575
Jul 2006725,53669.376.34$40,108
Jun 20061375,91066.286.38$46,809
May 20061148,30566.016.42$60,885
Apr 20061199,56864.397.36$78,087
Mar 20064010,15156.707.08$74,167
Feb 20061029,22857.597.75$77,402
Jan 20061239,19360.598.93$89,577
Dec 20052510,60454.9413.42$143,630
Nov 20055710,76354.6910.59$117,080
Oct 20054911,52258.3413.80$161,813
Sep 2005214,17961.4512.08$51,769
Aug 2005409,02961.519.80$90,916
Jul 2005419,31355.697.84$75,331
Jun 2005499,57552.337.38$73,238
May 2005609,74945.226.65$67,555
Apr 2005528,67349.207.36$66,396
Mar 2005358,85450.377.15$65,112
Feb 2005417,76245.226.31$50,847
Jan 2005479,28143.166.32$60,705
Dec 2004659,34839.866.75$65,700
Nov 2004639,24745.286.33$61,390
Oct 200409,73249.706.52$63,405
Sep 2004529,68643.245.28$53,428
Aug 2004299,69942.375.55$55,065
Jul 200409,61338.286.08$58,487
Jun 2004799,11436.106.43$61,482
May 200409,71337.486.49$63,082
Apr 200409,56834.475.86$56,054
Mar 20045710,56234.365.53$60,368
Feb 200409,27232.455.51$51,085
Jan 20047410,77932.036.30$70,274
Dec 2003010,32630.266.30$65,071
Nov 200309,87028.804.60$45,354
Oct 20036010,42028.174.76$51,286
Sep 200309,94426.314.75$47,228
Aug 2003010,18629.765.13$52,251
Jul 2003699,69129.415.17$52,140
Jun 2003010,54128.565.98$63,066
May 20037110,41826.595.97$64,111
Apr 2003010,35926.675.41$56,014
Mar 20038210,72531.146.10$67,934
Feb 2003010,26033.487.93$81,320
Jan 20038211,32630.315.58$65,708
Dec 2002011,93426.914.85$57,925
Nov 20028811,63324.664.14$50,295
Oct 20027411,84726.464.23$52,060
Sep 2002012,25227.443.64$44,538
Aug 20029712,45225.963.16$41,918
Jul 2002012,72524.583.06$38,961
Jun 20028113,14023.733.34$45,787
May 2002011,97924.663.58$42,933
Apr 20027811,93723.653.51$43,771
Mar 20028312,04922.003.10$39,211
Feb 2002010,92718.222.38$25,959
Jan 20025912,39617.172.38$30,462
Dec 20016112,50316.932.36$30,595
Nov 2001012,57918.072.41$30,259
Oct 20015913,48719.782.53$35,274
Sep 2001012,74724.262.25$28,698
Aug 20016513,59424.873.05$43,121
Jul 20016013,13023.933.20$43,413
Jun 2001012,81324.563.82$48,999
May 20017313,69825.524.31$60,865
Apr 2001012,87724.685.34$68,703
Mar 20017314,04424.545.38$77,298
Feb 20017112,51827.755.77$74,163
Jan 20017314,10227.478.40$120,445
Dec 2000013,34826.889.12$121,767
Nov 20007013,41832.215.66$78,174
Oct 20007214,51731.235.15$76,946
Sep 2000013,49731.875.19$70,002
Aug 20006714,69829.644.54$68,726
Jul 20007114,89028.534.09$62,922
Jun 2000014,69729.304.40$64,626
May 20006315,23327.263.68$57,771
Apr 20006414,72724.513.12$47,458
Mar 20007315,26828.422.86$45,737
Feb 20007414,69927.622.73$42,121
Jan 20007415,77425.272.48$40,997
Dec 19997316,71824.282.42$42,292
Nov 19997215,65423.192.43$39,771
Oct 1999016,26720.982.80$45,608
Sep 19997317,43321.752.62$47,242
Aug 19996515,31519.262.88$45,292
Jul 19997216,41317.892.37$40,226
Jun 19996917,14615.942.36$41,600
May 1999018,03115.792.32$41,850
Apr 19997317,79015.102.21$40,384
Mar 19996218,05212.471.84$33,959
Feb 19996218,1779.981.82$33,661
Jan 199914917,75310.381.90$35,276
Dec 19987917,5109.201.77$31,778
Nov 19987518,17710.892.19$40,547
Oct 19988219,07312.421.97$38,577
Sep 19988118,62912.592.08$39,817
Aug 19988020,18011.301.91$39,394
Jul 19987920,52411.742.24$46,845
Jun 199815919,18611.242.24$44,711
May 19986520,36712.622.21$45,757
Apr 19988019,82613.042.51$50,714
Mar 199816219,85412.802.31$47,925
Feb 19988118,10913.952.30$42,765
Jan 199821720,63814.702.15$47,660
Dec 199717121,84316.322.41$55,456
Nov 199715221,14918.193.09$68,078
Oct 199726322,66919.253.15$76,466
Sep 199730022,49717.742.95$71,798
Aug 199715724,08117.862.55$64,325
Jul 199731124,67517.582.25$60,911
Jun 199730623,55317.242.26$58,439
May 199728424,69718.972.31$62,401
Apr 199733123,08917.882.08$54,008
Mar 199716425,31118.951.94$52,189
Feb 199733522,84820.492.21$57,265
Jan 199725325,41823.483.54$95,913
Dec 199633226,03623.32$7,742
Nov 199633926,32721.97$7,448
Oct 199615928,29123.31$3,706
Sep 199615727,57422.22$3,489
Aug 199629927,89620.26$6,058
Jul 199633231,18319.55$6,491
Jun 199633327,18018.73$6,237
May 199615030,59319.43$2,915
Apr 199646231,44021.51$9,938
Mar 199632232,88219.38$6,240
Feb 199632132,46016.98$5,451
Jan 199648236,57617.07$8,228
Dec 199531835,99017.19$5,466
Nov 199549241,25416.00$7,872
Oct 199548240,52015.43$7,437
Sep 199531641,31616.18$5,113
Aug 199533148,09915.92$5,270
Jul 199564743,96515.24$9,860
Jun 199533940,54516.41$5,563
May 199547342,83117.56$8,306
Apr 199550143,60517.73$8,883
Mar 199568745,64516.44$11,294
Feb 199566142,43716.58$10,959
Jan 199567249,71615.92$10,698
Dec 199467352,78015.03$10,115
Nov 199485553,93215.90$13,595
Oct 199467659,72815.58$10,532
Sep 19941,04559,83215.29$15,978
Aug 199468064,27816.13$10,968
Jul 199487369,04117.56$15,330
Jun 19941,04471,77717.09$17,842
May 199499674,57015.88$15,816
Apr 19941,02270,85114.14$14,451
Mar 199422735,02112.46$2,828

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             3 bbl  × $106.41 =       $319
Gas                  330 Mcf  × $  3.05 =     $1,005

────────────────────────────────────────────────────
Month total                                   $1,324

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/148708 is the state's own key, not one this site invented.