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 149690District 04Field 167243002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Apr 1994 – May 2026
Value, last 12 filed months
$30
at the published price for each month
Months reported
386
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 Gas111994-09-14130207
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
CondensateDisposition4,992 bbl$99,642
GasProduction990,722 Mcf$1,182,532
Total$1,282,173

692,620 Mcf of this lease's gas, across 33 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 T9,450 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 (386)

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

386 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202501063.933.01$30
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202404479.932.15$94
Jun 202405178.082.63$134
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202409880.301.55$151
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202305285.443.09$161
Sep 2023014889.042.74$405
Aug 2023032080.522.67$855
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015358843.552.43$1,557
Sep 2015376342.992.76$2,234
Aug 2015372840.162.87$2,212
Jul 2015095148.152.95$2,801
Jun 2015295556.152.88$2,865
May 201551,14455.212.96$3,657
Apr 201501,28749.822.71$3,483
Mar 201501,56542.892.93$4,593
Feb 2015141,57144.662.98$5,301
Jan 201502,03143.433.10$6,297
Dec 2014112,28654.693.59$8,811
Nov 201471,88470.464.25$8,504
Oct 201453,03278.303.90$12,219
Sep 201401,50186.164.05$6,072
Aug 2014121,44389.394.04$6,895
Jul 201422,58496.564.18$10,993
Jun 2014168498.164.74$3,338
May 2014022794.734.73$1,073
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140497.406.19$25
Jan 201404290.404.86$204
Dec 201303791.824.35$161
Nov 201305188.853.74$191
Oct 201306497.423.78$242
Sep 2013065104.113.72$242
Aug 2013085104.253.52$299
Jul 20131130102.523.72$586
Jun 2013037694.403.93$1,479
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201305293.623.91$203
Feb 201303691.233.42$123
Jan 2013021291.603.42$725
Dec 2012017886.773.42$609
Nov 201202586.953.62$91
Oct 2012128689.383.40$1,062
Sep 2012022794.672.92$662
Aug 2012503392.662.91$4,729
Jul 20120085.133.02$0
Jun 20120379.822.52$8
May 2012014391.612.49$356
Apr 20120145101.652.00$290
Mar 201200105.052.22$0
Feb 201210101.102.57$101
Jan 2012032798.092.73$894
Dec 2011013496.873.24$434
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201113783.623.99$231
Aug 2011018383.404.15$759
Jul 20111094.144.52$94
Jun 201102592.904.64$116
May 2011117398.134.40$860
Apr 201110105.964.33$106
Mar 201116996.364.06$376
Feb 2011110785.644.18$533
Jan 20110086.504.59$0
Dec 201023185.734.35$306
Nov 2010121680.843.80$901
Oct 2010113678.103.51$555
Sep 2010216372.633.98$794
Aug 2010111473.684.42$577
Jul 2010126272.554.74$1,314
Jun 201011,37070.364.91$6,798
May 201002,30971.124.24$9,779
Apr 2010052281.694.12$2,152
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 200924061.133.46$1,467
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 200804075.246.92$277
Sep 20081182101.767.88$1,535
Aug 2008154114.228.48$572
Jul 20081159131.0811.39$1,942
Jun 20081322131.3313.03$4,328
May 20084865123.1711.57$10,504
Apr 200831,043110.3110.45$11,235
Mar 200811,075101.909.66$10,491
Feb 200801,16592.538.77$10,218
Jan 200801,43790.388.21$11,792
Dec 200701,63588.337.30$11,939
Nov 200701,79591.677.29$13,089
Oct 200702,14082.856.92$14,813
Sep 200702,26175.846.24$14,118
Aug 2007951,40069.066.39$15,504
Jul 200702,58570.906.39$16,513
Jun 200702,49762.007.55$18,848
May 200703,30858.747.85$25,955
Apr 200703,34959.617.81$26,140
Mar 200704,33056.927.30$31,618
Feb 200704,63455.108.22$38,073
Jan 200704,56950.306.73$30,735
Dec 200601,08156.656.92$7,479
Nov 200602,64354.207.62$20,133
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006036868.717.34$2,701
Jul 2006041569.376.34$2,632
Jun 2006034266.286.38$2,183
May 2006041066.016.42$2,634
Apr 2006041264.397.36$3,033
Mar 2006061156.707.08$4,328
Feb 2006061257.597.75$4,744
Jan 2006076660.598.93$6,843
Dec 2005090654.9413.42$12,154
Nov 2005096554.6910.59$10,218
Oct 200501,28858.3413.80$17,769
Sep 2005030561.4512.08$3,684
Aug 20050061.519.80$0
Jul 2005010655.697.84$831
Jun 2005030152.337.38$2,222
May 2005034745.226.65$2,308
Apr 2005027449.207.36$2,017
Mar 2005030550.377.15$2,182
Feb 2005032245.226.31$2,032
Jan 2005041743.166.32$2,636
Dec 2004050339.866.75$3,396
Nov 2004050245.286.33$3,178
Oct 2004050549.706.52$3,290
Sep 2004057843.245.28$3,054
Aug 2004048242.375.55$2,675
Jul 2004058538.286.08$3,559
Jun 2004061836.106.43$3,976
May 2004061637.486.49$4,001
Apr 2004067234.475.86$3,937
Mar 2004075134.365.53$4,153
Feb 2004071332.455.51$3,928
Jan 2004084632.036.30$5,330
Dec 2003089430.266.30$5,634
Nov 200301,56628.804.60$7,196
Oct 2003097628.174.76$4,645
Sep 200301,07526.314.75$5,106
Aug 200301,05229.765.13$5,396
Jul 200301,54529.415.17$7,989
Jun 200301,28628.565.98$7,694
May 200301,98226.595.97$11,838
Apr 2003039126.675.41$2,114
Mar 2003024431.146.10$1,487
Feb 2003034933.487.93$2,766
Jan 2003131930.315.58$1,811
Dec 2002053726.914.85$2,606
Nov 2002046124.664.14$1,907
Oct 2002041526.464.23$1,755
Sep 2002054227.443.64$1,970
Aug 2002020325.963.16$642
Jul 200204524.583.06$138
Jun 2002016423.733.34$547
May 200201,07924.663.58$3,867
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200256017.172.38$962
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001079724.262.25$1,794
Aug 200101,29624.873.05$3,957
Jul 200101,40223.933.20$4,482
Jun 200101,26424.563.82$4,834
May 200101,43925.524.31$6,198
Apr 200101,50924.685.34$8,051
Mar 200101,64924.545.38$8,866
Feb 200121,29827.755.77$7,541
Jan 200101,42027.478.40$11,926
Dec 200001,55526.889.12$14,185
Nov 200001,47332.215.66$8,334
Oct 200001,52631.235.15$7,852
Sep 200001,56031.875.19$8,091
Aug 200001,67229.644.54$7,592
Jul 200001,56128.534.09$6,384
Jun 200001,81429.304.40$7,977
May 200001,93527.263.68$7,120
Apr 200001,62824.513.12$5,073
Mar 200001,28828.422.86$3,683
Feb 200001,59427.622.73$4,346
Jan 200001,09425.272.48$2,714
Dec 199901,23924.282.42$3,003
Nov 199902,23423.192.43$5,438
Oct 199903,09720.982.80$8,683
Sep 199902,27321.752.62$5,953
Aug 199902,37819.262.88$6,838
Jul 199902,69717.892.37$6,398
Jun 199903,09315.942.36$7,306
May 19991712,28015.792.32$7,992
Apr 199902,94715.102.21$6,507
Mar 199903,48212.471.84$6,401
Feb 199903,4369.981.82$6,246
Jan 199903,90410.381.90$7,417
Dec 199803,8459.201.77$6,818
Nov 199803,74810.892.19$8,192
Oct 199804,38812.421.97$8,641
Sep 199803,10212.592.08$6,460
Aug 199803,96511.301.91$7,563
Jul 199803,92511.742.24$8,781
Jun 199803,00211.242.24$6,716
May 199804,93212.622.21$10,882
Apr 199805,10313.042.51$12,785
Mar 199805,68712.802.31$13,134
Feb 199805,30813.952.30$12,204
Jan 199805,98514.702.15$12,896
Dec 199706,47016.322.41$15,600
Nov 199705,14218.193.09$15,880
Oct 199705,73119.253.15$18,052
Sep 199705,23717.742.95$15,475
Aug 199705,61217.862.55$14,337
Jul 199706,40417.582.25$14,389
Jun 19971836,51717.242.26$17,865
May 199706,71418.972.31$15,499
Apr 199705,75117.882.08$11,978
Mar 199705,84718.951.94$11,338
Feb 199706,01720.492.21$13,273
Jan 19971814,98023.483.54$21,878
Dec 199605,40023.32$0
Nov 199605,43921.97$0
Oct 199608,06523.31$0
Sep 1996011,13722.22$0
Aug 1996010,40320.26$0
Jul 199617712,29119.55$3,460
Jun 1996011,14718.73$0
May 1996013,63819.43$0
Apr 1996013,27321.51$0
Mar 199618115,30519.38$3,508
Feb 199618013,59416.98$3,056
Jan 1996014,54317.07$0
Dec 199518015,72117.19$3,094
Nov 1995015,76916.00$0
Oct 199518018,80515.43$2,777
Sep 199506,18416.18$0
Aug 199517212,19315.92$2,738
Jul 199509,85115.24$0
Jun 199509,86716.41$0
May 1995130,49117.56$18
Apr 1995013,28617.73$0
Mar 1995015,77616.44$0
Feb 199517917,03016.58$2,968
Jan 199518527,57815.92$2,945
Dec 199418035,34215.03$2,705
Nov 1994028,41115.90$0
Oct 199435836,59215.58$5,578
Sep 199436448,39615.29$5,566
Aug 199436349,10216.13$5,855
Jul 199471660,47817.56$12,573
Jun 199436055,99917.09$6,152
May 199435550,66315.88$5,637
Apr 1994085114.14$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.

Aug 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.93 =         $0
Gas                   10 Mcf  × $  3.01 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/149690 is the state's own key, not one this site invented.