MARTIN, J.C. III

Operated by ARETE OPERATING COMPANY III, LLC (P-5 29656) in the DOLORES CREEK, SOUTH (LOBO 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149686District 04Field 252364002 tax incentive programmesCondensateGasSaveExport
Value, all time
$146 k
May 1994 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
385
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1987-04-14
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: CERRITO CREEK (LOBO CONS.) 16724300

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 Gas111994-10-06130208
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
CondensateDisposition1,179 bbl$30,396
GasProduction201,591 Mcf$115,188
Total$145,584

163,729 Mcf of this lease's gas, across 16 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 27.3953, -99.3124. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39526, -99.31237 · 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
9,450 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 9,450 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-4793604612 C9,450 ftMay 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 (385)

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

385 months

May 20260271106.413.05$825
Apr 2026342598.932.87$1,516
Mar 2026343789.753.15$1,646
Feb 2026015763.503.75$589
Jan 2026316959.138.00$1,529
Dec 2025032556.664.41$1,434
Nov 2025014458.593.93$565
Oct 2025315959.383.30$704
Sep 2025822062.743.08$1,179
Aug 2025025963.933.01$781
Jul 2025528066.743.32$1,262
Jun 2025418766.483.13$851
May 2025033060.553.23$1,067
Apr 202505562.363.54$195
Mar 202506967.704.27$295
Feb 202525370.884.34$372
Jan 2025012574.324.28$535
Dec 2024012968.993.12$403
Nov 2024021269.052.20$466
Oct 2024019771.372.28$449
Sep 2024020069.612.36$473
Aug 2024016575.632.06$341
Jul 2024020479.932.15$438
Jun 2024223978.082.63$786
May 2024028678.812.20$629
Apr 2024019984.451.66$330
Mar 2024021680.301.55$334
Feb 20240076.091.78$0
Jan 2024224573.023.30$954
Dec 2023039071.262.61$1,018
Nov 202329277.892.81$414
Oct 2023024185.443.09$744
Sep 2023416489.042.74$805
Aug 2023025880.522.67$690
Jul 2023233274.852.64$1,027
Jun 2023012068.962.26$271
May 20230070.622.23$0
Apr 20232078.122.24$156
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202303076.533.39$102
Dec 2022218576.415.73$1,213
Nov 20220085.005.65$0
Oct 2022119187.185.86$1,207
Sep 20220884.888.16$65
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20222352115.097.98$3,038
May 20222240109.378.43$2,243
Apr 20220150104.226.84$1,026
Mar 20222251108.885.08$1,492
Feb 2022021791.054.86$1,054
Jan 2022224181.844.54$1,257
Dec 2021030471.323.90$1,185
Nov 2021217577.435.24$1,071
Oct 2021223279.795.71$1,485
Sep 2021221669.865.35$1,296
Aug 2021231866.024.22$1,474
Jul 2021228270.783.98$1,265
Jun 2021218869.493.38$775
May 2021017563.483.02$528
Apr 2021221860.362.76$722
Mar 2021327361.302.72$926
Feb 2021217057.805.55$1,059
Jan 2021026750.412.81$750
Dec 2020510644.642.68$507
Nov 2020849338.772.71$1,645
Oct 2020862936.972.48$1,855
Sep 2020853737.091.99$1,366
Aug 2020042439.982.39$1,011
Jul 2020746838.371.83$1,123
Jun 2020753534.901.69$1,149
May 2020073616.921.81$1,336
Apr 2020677714.751.80$1,491
Mar 2020661830.341.86$1,329
Feb 2020721049.881.98$765
Jan 2020720357.252.09$826
Dec 2019622559.012.30$873
Nov 2019018055.302.75$495
Oct 2019614153.472.42$662
Sep 2019626955.052.66$1,045
Aug 2019731153.112.30$1,088
Jul 2019012856.272.46$315
Jun 2019724352.782.49$975
May 2019731058.482.74$1,259
Apr 2019621362.632.75$962
Mar 2019025356.803.06$775
Feb 2019630250.852.79$1,148
Jan 2019031246.033.23$1,007
Dec 2018628346.594.19$1,464
Nov 2018616552.934.24$1,017
Oct 2018016261.443.40$550
Sep 2018632659.543.11$1,370
Aug 2018633259.403.07$1,375
Jul 2018035965.142.93$1,053
Jun 2018538060.183.08$1,470
May 2018637365.382.90$1,474
Apr 2018637263.842.90$1,462
Mar 2018447161.222.79$1,557
Feb 2018045861.782.77$1,267
Jan 2018323462.874.01$1,127
Dec 2017021557.272.92$628
Nov 2017518255.423.12$845
Oct 2017451149.292.98$1,722
Sep 2017526547.523.09$1,056
Aug 2017037745.373.00$1,133
Jul 2017453643.873.09$1,830
Jun 2017166242.493.09$2,086
May 2017064445.373.26$2,102
Apr 2017575447.933.21$2,661
Mar 2017064846.772.98$1,933
Feb 2017374450.452.95$2,348
Jan 2017362349.413.42$2,278
Dec 2016077148.763.72$2,870
Nov 2016379742.492.64$2,235
Oct 2016091446.193.09$2,825
Sep 201621,03141.553.10$3,280
Aug 2016142041.442.92$1,270
Jul 201601841.622.92$53
Jun 2016210845.352.69$381
May 2016030442.521.99$605
Apr 201615136.561.99$138
Mar 2016246333.011.79$897
Feb 2016039226.472.06$809
Jan 2016346027.352.36$1,170
Dec 2015059332.362.00$1,187
Nov 2015360438.792.17$1,425
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199738017.582.25$668
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996138016.98$2,343
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 199501,28816.18$0
Aug 1995095715.92$0
Jul 1995055615.24$0
Jun 19950016.41$0
May 1995153817.56$18
Apr 199501,01517.73$0
Mar 199502,82616.44$0
Feb 199504,29616.58$0
Jan 199504,40015.92$0
Dec 19941775,28215.03$2,660
Nov 1994012,19615.90$0
Oct 199417815,51115.58$2,773
Sep 199417917,52315.29$2,737
Aug 1994016,11116.13$0
Jul 199417820,95617.56$3,126
Jun 1994024,66917.09$0
May 1994035,60515.88$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                  271 Mcf  × $  3.05 =       $825

────────────────────────────────────────────────────
Month total                                     $825

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/149686 is the state's own key, not one this site invented.