MARTINEZ, ANTONIO ET AL

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 150087District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Jun 1994 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
384
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 Gas112001-08-21144586
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
CondensateDisposition35,260 bbl$756,685
GasProduction3,601,273 Mcf$7,344,504
Total$8,101,189

1,748,702 Mcf of this lease's gas, across 31 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 27.2801, -99.3994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28015, -99.39943 · 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
8,191 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 8,191 ft.

Completions filed
Jun 1994
1 of 1 wells

1 well

42-50533199108,191 ftJun 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 (384)

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

384 months

May 202601,861106.413.05$5,668
Apr 202601,70698.932.87$4,896
Mar 202691,74089.753.15$6,288
Feb 2026291,67163.503.75$8,108
Jan 202601,85859.138.00$14,860
Dec 202501,93456.664.41$8,535
Nov 202501,71558.593.93$6,734
Oct 202502,14659.383.30$7,092
Sep 202502,31962.743.08$7,135
Aug 202501,48963.933.01$4,489
Jul 202502,36866.743.32$7,850
Jun 202502,19166.483.13$6,855
May 202502,19360.553.23$7,088
Apr 202502,25962.363.54$8,004
Mar 202572,24867.704.27$10,069
Feb 202501,94370.884.34$8,434
Jan 2025182,06774.324.28$10,182
Dec 202402,14568.993.12$6,695
Nov 202402,47269.052.20$5,435
Oct 2024252,50471.372.28$7,497
Sep 202402,97469.612.36$7,032
Aug 202403,46775.632.06$7,155
Jul 202403,51379.932.15$7,541
Jun 202404,52878.082.63$11,927
May 202406,56278.812.20$14,426
Apr 20243510784.451.66$3,133
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202328085.443.09$2,392
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202323074.852.64$1,722
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023071278.122.24$1,593
Mar 2023171,25472.852.39$4,239
Feb 2023191,31175.112.47$4,660
Jan 202301,36976.533.39$4,638
Dec 202201,34476.415.73$7,700
Nov 202201,21685.005.65$6,866
Oct 202201,22587.185.86$7,183
Sep 202201,30384.888.16$10,637
Aug 202201,41694.529.13$12,924
Jul 202201,409101.587.54$10,627
Jun 202202,173115.097.98$17,334
May 202201,759109.378.43$14,834
Apr 202201,305104.226.84$8,923
Mar 202201,267108.885.08$6,432
Feb 2022048491.054.86$2,352
Jan 202202,42681.844.54$11,008
Dec 202105,70471.323.90$22,241
Nov 202105,37777.435.24$28,159
Oct 2021255,45079.795.71$33,135
Sep 202105,68169.865.35$30,399
Aug 202104,98266.024.22$21,027
Jul 2021281,36770.783.98$7,425
Jun 2021281,33669.493.38$6,462
May 202101,59563.483.02$4,813
Apr 202101,71460.362.76$4,728
Mar 2021271,35361.302.72$5,331
Feb 2021262,07057.805.55$12,987
Jan 2021252,73350.412.81$8,941
Dec 2020232,51844.642.68$7,764
Nov 2020213,11638.772.71$9,248
Oct 202001,79636.972.48$4,451
Sep 202002,83837.091.99$5,651
Aug 202033,56139.982.39$8,613
Jul 2020017238.371.83$314
Jun 20200234.901.69$3
May 20200016.921.81$0
Apr 2020212114.751.80$348
Mar 2020241,57130.341.86$3,644
Feb 2020141,69949.881.98$4,063
Jan 2020622,15357.252.09$8,059
Dec 201901,79959.012.30$4,146
Nov 2019302,27855.302.75$7,925
Oct 201902,27453.472.42$5,500
Sep 2019242,20155.052.66$7,170
Aug 201902,35553.112.30$5,427
Jul 2019322,51456.272.46$7,985
Jun 2019622,29352.782.49$8,985
May 2019322,48358.482.74$8,676
Apr 2019322,02062.632.75$7,561
Mar 201902,86956.803.06$8,785
Feb 2019482,08150.852.79$8,251
Jan 2019941,89946.033.23$10,457
Dec 2018932,13346.594.19$13,260
Nov 2018452,21252.934.24$11,755
Oct 2018462,32861.443.40$10,737
Sep 2018452,21459.543.11$9,560
Aug 201802,28959.403.07$7,019
Jul 2018462,50865.142.93$10,350
Jun 201802,47160.183.08$7,603
May 2018472,47765.382.90$10,258
Apr 2018461,78863.842.90$8,123
Mar 2018462,66261.222.79$10,235
Feb 2018451,81661.782.77$7,803
Jan 2018441,91162.874.01$10,428
Dec 201702,06457.272.92$6,030
Nov 2017311,76655.423.12$7,225
Oct 2017431,97949.292.98$8,024
Sep 2017421,51147.523.09$6,661
Aug 2017372,34445.373.00$8,721
Jul 2017392,39043.873.09$9,090
Jun 2017771,91542.493.09$9,184
May 2017382,19845.373.26$8,897
Apr 2017382,36447.933.21$9,414
Mar 201752,70746.772.98$8,311
Feb 201782,56950.452.95$7,989
Jan 201702,84449.413.42$9,723
Dec 201602,84848.763.72$10,603
Nov 201602,84942.492.64$7,534
Oct 201603,15546.193.09$9,750
Sep 201602,36841.553.10$7,342
Aug 201602,60541.442.92$7,618
Jul 201602,28241.622.92$6,673
Jun 201602,49645.352.69$6,704
May 201603,27742.521.99$6,525
Apr 201602,43336.561.99$4,844
Mar 201603,66633.011.79$6,577
Feb 201601,23526.472.06$2,549
Jan 201602,74827.352.36$6,497
Dec 201503,22932.362.00$6,463
Nov 201501,16238.792.17$2,518
Oct 201502,73943.552.43$6,646
Sep 201503,05742.992.76$8,432
Aug 201501,76040.162.87$5,056
Jul 201502,67348.152.95$7,872
Jun 201503,28256.152.88$9,462
May 201502,46455.212.96$7,282
Apr 201502,34649.822.71$6,350
Mar 201503,69642.892.93$10,847
Feb 201502,22844.662.98$6,631
Jan 201502,55443.433.10$7,919
Dec 201402,96454.693.59$10,645
Nov 201403,55570.464.25$15,115
Oct 201403,66378.303.90$14,289
Sep 201403,61686.164.05$14,628
Aug 201401,99189.394.04$8,034
Jul 201403,42796.564.18$14,323
Jun 201403,47398.164.74$16,451
May 201403,90294.734.73$18,443
Apr 201473,82095.944.81$19,042
Mar 201401,82695.895.06$9,234
Feb 201491,57097.406.19$10,598
Jan 201403,00990.404.86$14,626
Dec 201383,34391.824.35$15,292
Nov 201303,82188.853.74$14,284
Oct 201332,01497.423.78$7,904
Sep 201301,854104.113.72$6,893
Aug 201383,320104.253.52$12,529
Jul 201303,037102.523.72$11,291
Jun 2013172,80294.403.93$12,626
May 201303,43894.834.15$14,265
Apr 2013143,56793.964.28$16,591
Mar 201353,04393.623.91$12,375
Feb 201302,42791.233.42$8,300
Jan 201393,27691.603.42$12,028
Dec 201213,42186.773.42$11,787
Nov 201203,16386.953.62$11,466
Oct 201203,69889.383.40$12,572
Sep 201204,23194.672.92$12,348
Aug 201201,31492.662.91$3,821
Jul 201202,55285.133.02$7,709
Jun 201203,20179.822.52$8,063
May 201203,82791.612.49$9,523
Apr 201203,358101.652.00$6,705
Mar 201283,093105.052.22$7,713
Feb 2012213,221101.102.57$10,402
Jan 201203,52298.092.73$9,629
Dec 2011103,16496.873.24$11,219
Nov 201103,97295.723.31$13,152
Oct 201114,56384.983.65$16,733
Sep 201153,09983.623.99$12,770
Aug 2011112,59783.404.15$11,693
Jul 201103,83294.144.52$17,310
Jun 201192,61392.904.64$12,960
May 201184,22998.134.40$19,413
Apr 201193,134105.964.33$14,534
Mar 201194,12896.364.06$17,616
Feb 201193,58285.644.18$15,743
Jan 201192,04886.504.59$10,176
Dec 201081,97485.734.35$9,268
Nov 2010113,96480.843.80$15,934
Oct 2010103,46678.103.51$12,943
Sep 2010184,42272.633.98$18,905
Aug 201064,24173.684.42$19,185
Jul 2010173,81672.554.74$19,308
Jun 2010121,79870.364.91$9,673
May 2010244,67171.124.24$21,490
Apr 2010284,86481.694.12$22,340
Mar 2010143,46678.394.39$16,309
Feb 2010202,97773.585.44$17,674
Jan 2010374,27274.365.96$28,230
Dec 2009182,70171.445.48$16,098
Nov 2009353,66774.593.75$16,367
Oct 2009333,65772.544.11$17,425
Sep 2009363,30865.543.06$12,498
Aug 2009153,69667.423.22$12,907
Jul 200974,88561.133.46$17,352
Jun 2009112,81166.163.90$11,677
May 2009104,15754.743.93$16,867
Apr 2009124,35446.773.59$16,181
Mar 2009154,65142.144.06$19,511
Feb 2009212,90232.814.63$14,134
Jan 2009224,36535.865.37$24,233
Dec 200802,82537.105.98$16,885
Nov 2008304,38455.496.86$31,741
Oct 2008285,08975.246.92$37,333
Sep 2008174,511101.767.88$37,263
Aug 200805,336114.228.48$45,265
Jul 200803,287131.0811.39$37,437
Jun 2008104,347131.3313.03$57,966
May 200802,609123.1711.57$30,197
Apr 2008183,547110.3110.45$39,069
Mar 2008385,778101.909.66$59,711
Feb 2008263,68792.538.77$34,743
Jan 2008555,12590.388.21$47,025
Dec 2007435,01788.337.30$40,432
Nov 2007254,40191.677.29$34,383
Oct 2007415,04382.856.92$38,304
Sep 2007194,87575.846.24$31,881
Aug 200714,28869.066.39$27,461
Jul 200701,79370.906.39$11,454
Jun 200702,85662.007.55$21,558
May 200705,28058.747.85$41,428
Apr 2007115,25859.617.81$41,695
Mar 200705,75056.927.30$41,986
Feb 200766,78855.108.22$56,101
Jan 200708,58250.306.73$57,730
Dec 200603,39856.656.92$23,509
Nov 200602,38054.207.62$18,130
Oct 200602,30454.906.01$13,856
Sep 200602,67260.085.04$13,459
Aug 200605,07768.717.34$37,265
Jul 200605,54469.376.34$35,164
Jun 200603,57166.286.38$22,797
May 200604,42566.016.42$28,431
Apr 200605,19164.397.36$38,208
Mar 200604,79656.707.08$33,970
Feb 200604,56057.597.75$35,345
Jan 200605,17160.598.93$46,194
Dec 200505,28954.9413.42$70,954
Nov 200504,63154.6910.59$49,035
Oct 200505,35258.3413.80$73,835
Sep 200504,01161.4512.08$48,449
Aug 200504,56861.519.80$44,752
Jul 200534,72455.697.84$37,220
Jun 200565,05252.337.38$37,603
May 200504,68945.226.65$31,187
Apr 2005164,31849.207.36$32,570
Mar 2005395,45750.377.15$41,009
Feb 2005123,86445.226.31$24,932
Jan 2005286,26643.166.32$40,823
Dec 2004134,74039.866.75$32,518
Nov 200405,89345.286.33$37,305
Oct 2004106,66249.706.52$43,901
Sep 2004105,33043.245.28$28,596
Aug 200495,31842.375.55$29,900
Jul 200406,08538.286.08$37,022
Jun 200406,08436.106.43$39,138
May 200404,04237.486.49$26,251
Apr 200403,95234.475.86$23,153
Mar 200404,82834.365.53$26,700
Feb 200405,22832.455.51$28,804
Jan 2004415,70632.036.30$37,259
Dec 2003495,89530.266.30$38,631
Nov 2003475,67828.804.60$27,445
Oct 200305,92128.174.76$28,182
Sep 200306,67526.314.75$31,702
Aug 2003466,10629.765.13$32,691
Jul 200306,61129.415.17$34,184
Jun 2003486,66128.565.98$41,223
May 200306,47026.595.97$38,643
Apr 2003398,06426.675.41$44,644
Mar 2003396,38231.146.10$40,119
Feb 200307,08733.487.93$56,171
Jan 2003406,94030.315.58$39,952
Dec 2002388,52226.914.85$42,386
Nov 2002377,12424.664.14$30,384
Oct 2002368,73426.464.23$37,890
Sep 200207,98027.443.64$29,009
Aug 200208,76425.963.16$27,731
Jul 200208,87124.583.06$27,161
Jun 2002398,96523.733.34$30,853
May 200209,19224.663.58$32,944
Apr 2002389,10623.653.51$32,882
Mar 2002409,47922.003.10$30,291
Feb 2002408,93518.222.38$21,956
Jan 20023410,36417.172.38$25,205
Dec 20015510,43516.932.36$25,604
Nov 2001288,81318.072.41$21,706
Oct 200109,27219.782.53$23,448
Sep 2001288,40624.262.25$19,604
Aug 2001339,48024.873.05$29,765
Jul 2001178,62323.933.20$27,975
Jun 2001169,25124.563.82$35,770
May 20013010,18525.524.31$44,636
Apr 2001169,71124.685.34$52,206
Mar 2001349,87324.545.38$53,916
Feb 2001178,63327.755.77$50,259
Jan 20013211,49027.478.40$97,381
Dec 2000489,21526.889.12$85,354
Nov 2000348,21932.215.66$47,598
Oct 20001711,31531.235.15$58,752
Sep 20002911,87631.875.19$62,519
Aug 2000339,17929.644.54$42,658
Jul 20004310,59328.534.09$44,550
Jun 20005111,55329.304.40$52,296
May 20005010,87827.263.68$41,391
Apr 20005811,61824.513.12$37,623
Mar 20006312,77528.422.86$38,324
Feb 20009011,36927.622.73$33,483
Jan 20004513,03825.272.48$33,478
Dec 19999213,15124.282.42$34,108
Nov 1999458,75423.192.43$22,351
Oct 19999611,28220.982.80$33,646
Sep 19995910,39421.752.62$28,504
Aug 19998710,30519.262.88$31,309
Jul 199918113,59917.892.37$35,500
Jun 19999312,72415.942.36$31,538
May 19999213,93815.792.32$33,803
Apr 199918213,68915.102.21$32,974
Mar 199930615,50512.471.84$32,319
Feb 199912111,1049.981.82$21,392
Jan 199930212,09910.381.90$26,122
Dec 199816315,6549.201.77$29,259
Nov 19982617,32610.892.19$38,153
Oct 199811416,13912.421.97$33,197
Sep 1998013,41812.592.08$27,945
Aug 19982116,75011.301.91$32,185
Jul 19981918,40711.742.24$41,404
Jun 19983119,14311.242.24$43,177
May 19982115,02012.622.21$33,404
Apr 19982516,25513.042.51$41,050
Mar 19983918,68212.802.31$43,644
Feb 19981318,06213.952.30$41,708
Jan 19983722,04914.702.15$48,055
Dec 19973222,44116.322.41$54,630
Nov 19976713,36718.193.09$42,500
Oct 199729721,08519.253.15$72,131
Sep 199715118,33317.742.95$56,851
Aug 19977322,51917.862.55$58,834
Jul 199722120,99417.582.25$51,057
Jun 199729522,32817.242.26$55,485
May 199715623,15918.972.31$56,422
Apr 199731920,74317.882.08$48,907
Mar 199726624,43018.951.94$52,414
Feb 199754724,78320.492.21$65,877
Jan 199748725,13523.483.54$100,405
Dec 199637135,15123.32$8,652
Nov 199649130,43521.97$10,787
Oct 199648731,07823.31$11,352
Sep 199648634,45322.22$10,799
Aug 199648538,29820.26$9,826
Jul 199636531,40519.55$7,136
Jun 199647927,00518.73$8,972
May 199649135,19619.43$9,540
Apr 199661838,40721.51$13,293
Mar 199662638,66419.38$12,132
Feb 199675545,06116.98$12,820
Jan 199685254,85917.07$14,544
Dec 199541035,70317.19$7,048
Nov 199573163,65716.00$11,696
Oct 199559741,33615.43$9,212
Sep 199550238,82816.18$8,122
Aug 199549340,34515.92$7,849
Jul 199585952,97815.24$13,091
Jun 199560246,76316.41$9,879
May 199588061,20817.56$15,453
Apr 199589264,28517.73$15,815
Mar 19951,43561,99416.44$23,591
Feb 19951,10359,84416.58$18,288
Jan 19951,46974,86615.92$23,386
Dec 19941,28078,32715.03$19,238
Nov 19941,55282,94315.90$24,677
Oct 199499197,55515.58$15,440
Sep 1994794110,24615.29$12,140
Aug 19942,079126,26416.13$33,534
Jul 19942,282153,76317.56$40,072
Jun 199431317,78517.09$5,349

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                1,861 Mcf  × $  3.05 =     $5,668

────────────────────────────────────────────────────
Month total                                   $5,668

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/150087 is the state's own key, not one this site invented.