MARTIN, J.C. III

Operated by ARETE OPERATING COMPANY III, LLC (P-5 29656) in the CERRITO CREEK (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149171District 04Field 167243002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Mar 1994 – May 2026
Value, last 12 filed months
$46 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 58 leases and 58 wells, and the rule below applies to all of them.

Discovered
2008-05-29
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-05-29.

The Commission's schedule remark for this field reads: HORIZONTAL WELLS. ALLOCATION FORMULA SUSPENDED.

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 Gas111994-10-17130084
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
CondensateDisposition8,260 bbl$252,168
GasProduction3,078,512 Mcf$7,345,368
Total$7,597,536

1,252,339 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 27.3995, -99.3094. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39952, -99.30941 · 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
9,358 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 9,358 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-47936040119,358 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 202601,179106.413.05$3,591
Apr 2026121,25998.932.87$4,800
Mar 2026121,60689.753.15$6,135
Feb 2026086063.503.75$3,225
Jan 20261252459.138.00$4,900
Dec 202501,14256.664.41$5,040
Nov 2025055858.593.93$2,191
Oct 20251256159.383.30$2,567
Sep 20252667862.743.08$3,717
Aug 2025087863.933.01$2,647
Jul 20251590866.743.32$4,011
Jun 20251477166.483.13$3,343
May 202501,18060.553.23$3,814
Apr 2025045962.363.54$1,626
Mar 2025057867.704.27$2,467
Feb 20251144370.884.34$2,703
Jan 2025071674.324.28$3,064
Dec 2024073968.993.12$2,307
Nov 2024084769.052.20$1,862
Oct 2024078871.372.28$1,798
Sep 2024070369.612.36$1,662
Aug 2024090275.632.06$1,861
Jul 2024078279.932.15$1,679
Jun 2024991878.082.63$3,121
May 2024099378.812.20$2,183
Apr 2024073184.451.66$1,213
Mar 202401,02880.301.55$1,588
Feb 2024084176.091.78$1,500
Jan 202491,02473.023.30$4,034
Dec 202301,37471.262.61$3,587
Nov 20231291777.892.81$3,509
Oct 202301,22885.443.09$3,791
Sep 2023231,85489.042.74$7,119
Aug 202301,68780.522.67$4,509
Jul 2023122,28074.852.64$6,922
Jun 2023068568.962.26$1,547
May 20230070.622.23$0
Apr 202312078.122.24$937
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023015476.533.39$522
Dec 2022121,21676.415.73$7,883
Nov 2022066385.005.65$3,743
Oct 2022101,43587.185.86$9,286
Sep 202205284.888.16$425
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022203,500115.097.98$30,222
May 2022141,558109.378.43$14,670
Apr 202201,003104.226.84$6,858
Mar 2022141,730108.885.08$10,306
Feb 202201,47991.054.86$7,186
Jan 2022101,55181.844.54$7,856
Dec 202101,50671.323.90$5,872
Nov 2021151,33077.435.24$8,126
Oct 2021151,47079.795.71$9,596
Sep 2021111,31869.865.35$7,821
Aug 2021121,84766.024.22$8,588
Jul 2021121,66170.783.98$7,464
Jun 2021141,49669.493.38$6,030
May 2021082763.483.02$2,496
Apr 2021101,28460.362.76$4,145
Mar 2021171,62861.302.72$5,465
Feb 20211099957.805.55$6,120
Jan 202101,74450.412.81$4,901
Dec 20203056744.642.68$2,856
Nov 202082,68138.772.71$7,566
Oct 202082,72536.972.48$7,049
Sep 202082,70137.091.99$5,675
Aug 202001,96939.982.39$4,696
Jul 202072,50538.371.83$4,841
Jun 202072,46934.901.69$4,418
May 202002,45216.921.81$4,450
Apr 202072,71714.751.80$5,006
Mar 202072,93730.341.86$5,664
Feb 202072,96349.881.98$6,218
Jan 202073,10557.252.09$6,905
Dec 201972,90459.012.30$7,105
Nov 201902,34355.302.75$6,445
Oct 201962,18053.472.42$5,593
Sep 201962,19455.052.66$6,160
Aug 201972,80353.112.30$6,831
Jul 201901,95156.272.46$4,800
Jun 201972,69552.782.49$7,083
May 201973,07058.482.74$8,822
Apr 201962,66062.632.75$7,693
Mar 201902,99556.803.06$9,171
Feb 201962,90150.852.79$8,405
Jan 201903,21746.033.23$10,385
Dec 201863,25146.594.19$13,886
Nov 201862,91652.934.24$12,673
Oct 201802,04061.443.40$6,932
Sep 201862,97759.543.11$9,610
Aug 201862,79659.403.07$8,931
Jul 201803,08565.142.93$9,045
Jun 201862,67960.183.08$8,604
May 201863,09065.382.90$9,356
Apr 201862,90363.842.90$8,804
Mar 201863,10561.222.79$9,020
Feb 201802,96761.782.77$8,207
Jan 201863,24862.874.01$13,399
Dec 201702,91657.272.92$8,519
Nov 2017122,67455.423.12$9,004
Oct 2017143,05649.292.98$9,808
Sep 2017132,78747.523.09$9,222
Aug 201702,01945.373.00$6,066
Jul 201792,58343.873.09$8,369
Jun 201722,82142.493.09$8,794
May 201702,78145.373.26$9,076
Apr 2017113,00147.933.21$10,165
Mar 201702,36646.772.98$7,059
Feb 201782,61650.452.95$8,128
Jan 201782,35749.413.42$8,453
Dec 201602,84148.763.72$10,577
Nov 201672,69142.492.64$7,413
Oct 201602,51546.193.09$7,772
Sep 201672,33141.553.10$7,518
Aug 201652,63141.442.92$7,901
Jul 201602,82441.622.92$8,258
Jun 201642,06845.352.69$5,736
May 201603,50142.521.99$6,971
Apr 2016142,69136.561.99$5,870
Mar 2016103,09133.011.79$5,875
Feb 201602,89526.472.06$5,974
Jan 2016143,19827.352.36$7,944
Dec 201503,26332.362.00$6,531
Nov 2015143,33438.792.17$7,769
Oct 2015142,79643.552.43$7,394
Sep 2015123,31442.992.76$9,657
Aug 201592,68640.162.87$8,077
Jul 201502,94848.152.95$8,682
Jun 201553,03556.152.88$9,030
May 2015103,01455.212.96$9,460
Apr 201502,84549.822.71$7,700
Mar 201502,99842.892.93$8,798
Feb 2015242,85044.662.98$9,554
Jan 201503,41843.433.10$10,598
Dec 2014163,61454.693.59$13,854
Nov 201472,10370.464.25$9,435
Oct 201492,71278.303.90$11,284
Sep 201403,20186.164.05$12,949
Aug 2014102,69189.394.04$11,752
Jul 2014103,47696.564.18$15,494
Jun 2014113,30598.164.74$16,735
May 201403,45394.734.73$16,321
Apr 2014103,25795.944.81$16,623
Mar 2014113,57895.895.06$19,148
Feb 201403,17497.406.19$19,653
Jan 201403,46290.404.86$16,828
Dec 201303,56991.824.35$15,541
Nov 2013113,54688.853.74$14,233
Oct 2013113,68797.423.78$15,006
Sep 2013103,299104.113.72$13,306
Aug 201303,289104.253.52$11,586
Jul 201393,208102.523.72$12,849
Jun 201392,60894.403.93$11,108
May 201303,11894.834.15$12,937
Apr 201393,21193.964.28$14,597
Mar 201303,16493.623.91$12,380
Feb 201393,05591.233.42$11,269
Jan 201303,32791.603.42$11,378
Dec 201253,22686.773.42$11,467
Nov 201233,24286.953.62$12,013
Oct 201293,28389.383.40$11,966
Sep 201272,99694.672.92$9,406
Aug 201283,35492.662.91$10,495
Jul 201283,62685.133.02$11,634
Jun 201283,61979.822.52$9,755
May 201293,55591.612.49$9,670
Apr 201293,341101.652.00$7,586
Mar 20121783,722105.052.22$26,969
Feb 201282,605101.102.57$7,504
Jan 201263,95398.092.73$11,396
Dec 201103,66196.873.24$11,861
Nov 201173,83195.723.31$13,356
Oct 201153,69484.983.65$13,903
Sep 2011163,64483.623.99$15,862
Aug 201103,53983.404.15$14,684
Jul 2011113,36494.144.52$16,232
Jun 201173,01592.904.64$14,640
May 201193,54298.134.40$16,485
Apr 2011153,518105.964.33$16,834
Mar 201194,10596.364.06$17,523
Feb 201193,30185.644.18$14,569
Jan 201103,74886.504.59$17,199
Dec 2010183,83785.734.35$18,225
Nov 201093,67280.843.80$14,664
Oct 201094,02778.103.51$14,833
Sep 2010173,99372.633.98$17,125
Aug 201093,65073.684.42$16,794
Jul 201093,67872.554.74$18,074
Jun 201093,86070.364.91$19,587
May 201093,84071.124.24$16,903
Apr 2010193,84481.694.12$17,400
Mar 201094,84878.394.39$21,982
Feb 201003,81173.585.44$20,741
Jan 201054,57974.365.96$27,681
Dec 200994,92471.445.48$27,645
Nov 2009784,13574.593.75$21,330
Oct 2009204,05772.544.11$18,126
Sep 200994,00965.543.06$12,876
Aug 2009114,18567.423.22$14,211
Jul 200984,22461.133.46$15,123
Jun 2009164,19066.163.90$17,379
May 2009153,87554.743.93$16,033
Apr 200984,12246.773.59$15,162
Mar 2009154,25342.144.06$17,895
Feb 2009113,90932.814.63$18,471
Jan 200974,56935.865.37$24,791
Dec 200854,46237.105.98$26,856
Nov 2008164,72655.496.86$33,310
Oct 200864,76775.246.92$33,449
Sep 2008122,299101.767.88$19,331
Aug 2008103,822114.228.48$33,564
Jul 2008123,886131.0811.39$45,832
Jun 2008154,694131.3313.03$63,145
May 2008204,739123.1711.57$57,314
Apr 2008144,585110.3110.45$49,480
Mar 200864,923101.909.66$48,188
Feb 200804,47892.538.77$39,275
Jan 200804,03290.388.21$33,086
Dec 200704,11388.337.30$30,033
Nov 200704,27391.677.29$31,157
Oct 200704,75782.856.92$32,928
Sep 200704,77075.846.24$29,785
Aug 200705,05669.066.39$32,297
Jul 200705,05870.906.39$32,310
Jun 200704,94262.007.55$37,304
May 200705,38858.747.85$42,276
Apr 200704,88159.617.81$38,097
Mar 200705,07656.927.30$37,065
Feb 200704,38655.108.22$36,035
Jan 2007985,67250.306.73$43,084
Dec 200604,27456.656.92$29,569
Nov 200604,77954.207.62$36,404
Oct 200605,08454.906.01$30,574
Sep 200605,27560.085.04$26,571
Aug 200604,87468.717.34$35,775
Jul 200605,81069.376.34$36,851
Jun 200605,59066.286.38$35,686
May 200607,12966.016.42$45,804
Apr 200608,80464.397.36$64,802
Mar 200604,51556.707.08$31,979
Feb 200601,86457.597.75$14,448
Jan 200602,72160.598.93$24,308
Dec 200503,03654.9413.42$40,729
Nov 200503,12754.6910.59$33,110
Oct 200505,00858.3413.80$69,089
Sep 200503,81161.4512.08$46,033
Aug 200504,74261.519.80$46,457
Jul 200504,89755.697.84$38,410
Jun 200504,87552.337.38$35,983
May 200504,90345.226.65$32,611
Apr 200504,21849.207.36$31,047
Mar 200504,51950.377.15$32,333
Feb 200505,01645.226.31$31,661
Jan 200505,16143.166.32$32,629
Dec 200406,74939.866.75$45,563
Nov 200406,24745.286.33$39,546
Oct 200407,13949.706.52$46,511
Sep 200406,68643.245.28$35,328
Aug 200405,89742.375.55$32,732
Jul 200406,15738.286.08$37,460
Jun 20041726,94036.106.43$50,854
May 200407,16237.486.49$46,514
Apr 200406,64434.475.86$38,924
Mar 200407,36834.365.53$40,746
Feb 200407,21732.455.51$39,763
Jan 200407,73332.036.30$48,715
Dec 200306,90230.266.30$43,494
Nov 200307,61528.804.60$34,992
Oct 200307,84528.174.76$37,339
Sep 200307,11526.314.75$33,792
Aug 200307,87329.765.13$40,386
Jul 200307,91029.415.17$40,901
Jun 200307,47228.565.98$44,705
May 200308,32426.595.97$49,717
Apr 200308,38526.675.41$45,340
Mar 200308,86631.146.10$54,047
Feb 200309,12733.487.93$72,340
Jan 2003368,62630.315.58$49,242
Dec 200209,93726.914.85$48,232
Nov 200208,12624.664.14$33,617
Oct 200208,58926.464.23$36,324
Sep 200208,10027.443.64$29,445
Aug 200225,96925.963.16$18,939
Jul 200227,17224.583.06$22,008
Jun 200207,78323.733.34$25,982
May 200208,23024.663.58$29,496
Apr 200268,58023.653.51$30,278
Mar 200268,76322.003.10$27,321
Feb 200268,21718.222.38$19,630
Jan 2002610,86817.172.38$25,922
Dec 200107,62916.932.36$18,038
Nov 200107,50118.072.41$18,044
Oct 200106,50419.782.53$16,448
Sep 200177,82424.262.25$17,784
Aug 200108,58724.873.05$26,217
Jul 200114510,04923.933.20$35,597
Jun 200118,77624.563.82$33,585
May 200109,37625.524.31$40,385
Apr 200109,50324.685.34$50,702
Mar 2001210,49524.545.38$56,475
Feb 200109,14527.755.77$52,740
Jan 200109,91427.478.40$83,265
Dec 200018311,51026.889.12$109,919
Nov 2000010,32332.215.66$58,408
Oct 200019,53331.235.15$49,083
Sep 2000010,53931.875.19$54,661
Aug 2000010,30129.644.54$46,774
Jul 2000010,15028.534.09$41,511
Jun 2000010,68729.304.40$46,993
May 2000011,33227.263.68$41,699
Apr 200009,75424.513.12$30,393
Mar 2000111,36628.422.86$32,532
Feb 2000111,46527.622.73$31,287
Jan 2000012,83025.272.48$31,825
Dec 1999113,30724.282.42$32,277
Nov 1999012,05323.192.43$29,337
Oct 1999013,42520.982.80$37,640
Sep 1999013,64421.752.62$35,732
Aug 1999013,20819.262.88$37,981
Jul 1999013,62317.892.37$32,319
Jun 1999012,28515.942.36$29,018
May 199918014,26915.792.32$35,961
Apr 1999014,26615.102.21$31,500
Mar 1999015,36712.471.84$28,250
Feb 1999012,5919.981.82$22,888
Jan 1999014,82010.381.90$28,157
Dec 1998014,3089.201.77$25,373
Nov 199818018,01210.892.19$41,329
Oct 1998016,31312.421.97$32,124
Sep 1998015,23112.592.08$31,720
Aug 1998012,45811.301.91$23,762
Jul 1998014,72811.742.24$32,951
Jun 199817414,43911.242.24$34,260
May 1998015,96712.622.21$35,229
Apr 1998016,42713.042.51$41,155
Mar 1998018,17112.802.31$41,965
Feb 1998015,39913.952.30$35,404
Jan 1998020,60414.702.15$44,397
Dec 199718221,91116.322.41$55,800
Nov 1997020,34318.193.09$62,824
Oct 1997017,60219.253.15$55,443
Sep 199717916,06317.742.95$50,640
Aug 1997015,96317.862.55$40,781
Jul 1997016,46317.582.25$36,991
Jun 1997016,32017.242.26$36,838
May 199717817,82318.972.31$44,521
Apr 1997017,07817.882.08$35,570
Mar 199718217,40418.951.94$37,198
Feb 1997020,09620.492.21$44,330
Jan 199718213,67923.483.54$52,693
Dec 199607,09523.32$0
Nov 1996013,44521.97$0
Oct 199618117,64623.31$4,219
Sep 1996018,00922.22$0
Aug 1996022,73720.26$0
Jul 199617822,38019.55$3,480
Jun 1996021,92518.73$0
May 199617823,68719.43$3,459
Apr 1996024,15921.51$0
Mar 199617925,77919.38$3,469
Feb 199618124,37816.98$3,073
Jan 1996025,25517.07$0
Dec 199517827,22717.19$3,060
Nov 1995028,63016.00$0
Oct 199517729,45315.43$2,731
Sep 1995031,84016.18$0
Aug 199517033,29215.92$2,706
Jul 199517529,66915.24$2,667
Jun 1995030,29516.41$0
May 199517835,24217.56$3,126
Apr 199518040,05717.73$3,191
Mar 1995039,12416.44$0
Feb 199518135,78116.58$3,001
Jan 199517943,47015.92$2,850
Dec 199418046,48515.03$2,705
Nov 199417749,37415.90$2,814
Oct 199417857,49315.58$2,773
Sep 199417759,07215.29$2,706
Aug 199434867,64716.13$5,613
Jul 199413777,04017.56$2,406
Jun 1994350101,76917.09$5,982
May 199435181,35915.88$5,574
Apr 199417661,35914.14$2,489
Mar 1994016612.46$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,179 Mcf  × $  3.05 =     $3,591

────────────────────────────────────────────────────
Month total                                   $3,591

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/149171 is the state's own key, not one this site invented.