G. MARTINEZ

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CISCO-BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150699District 04Field 182962252 tax incentive programmesGasSaveExport
Value, all time
$23.5 M
Jul 1994 – May 2026
Value, last 12 filed months
$349 k
at the published price for each month
Months reported
383
no gaps in the span
Streams
1
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 264 leases and 264 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
0 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 2009-06-18.

The Commission's schedule remark for this field reads: SUSPENDED. OPERATORS ARE REQUIRED TO PERFORM ANNUAL G-10 TESTS.

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 Gas111994-09-23130622
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
GasProduction10,695,288 Mcf$23,546,280
Total$23,546,280

4,969,832 Mcf of this lease's gas, across 30 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 27.1190, -99.3072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.11900, -99.30723 · 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
9,609 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 9,609 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-5053318679,609 ftJul 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 (383)

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

383 months

May 20267,912106.413.05$24,099
Apr 20267,62298.932.87$21,873
Mar 20267,84089.753.15$24,692
Feb 20266,44763.503.75$24,178
Jan 20268,18159.138.00$65,431
Dec 20258,07856.664.41$35,651
Nov 20257,57058.593.93$29,723
Oct 20257,66759.383.30$25,338
Sep 20256,96762.743.08$21,437
Aug 20257,70863.933.01$23,238
Jul 20258,45366.743.32$28,023
Jun 20258,19766.483.13$25,646
May 20258,13460.553.23$26,292
Apr 20258,47262.363.54$30,017
Mar 20258,38467.704.27$35,786
Feb 20255,85170.884.34$25,398
Jan 20256,59374.324.28$28,209
Dec 20248,73068.993.12$27,250
Nov 20249,49269.052.20$20,868
Oct 20249,88471.372.28$22,549
Sep 20249,15869.612.36$21,653
Aug 20248,82675.632.06$18,214
Jul 20249,89279.932.15$21,234
Jun 20249,66378.082.63$25,452
May 202410,53878.812.20$23,167
Apr 202410,34284.451.66$17,159
Mar 202410,54180.301.55$16,287
Feb 202410,10176.091.78$18,017
Jan 202410,34473.023.30$34,111
Dec 202315,98271.262.61$41,725
Nov 202315,26577.892.81$42,857
Oct 202314,86685.443.09$45,896
Sep 202318,24589.042.74$49,901
Aug 202314,30880.522.67$38,244
Jul 20232,16674.852.64$5,722
Jun 20235,32668.962.26$12,029
May 20235,34270.622.23$11,899
Apr 20235,23478.122.24$11,712
Mar 20235,33572.852.39$12,768
Feb 20233,29975.112.47$8,134
Jan 20236,02176.533.39$20,397
Dec 20223,05976.415.73$17,525
Nov 20225,02385.005.65$28,361
Oct 20225,86387.185.86$34,379
Sep 20224,30284.888.16$35,120
Aug 20225,43294.529.13$49,579
Jul 20224,411101.587.54$33,268
Jun 20224,883115.097.98$38,953
May 20225,191109.378.43$43,776
Apr 20225,147104.226.84$35,193
Mar 20225,827108.885.08$29,580
Feb 20224,87591.054.86$23,687
Jan 20226,05881.844.54$27,489
Dec 20215,55971.323.90$21,675
Nov 20215,42177.435.24$28,389
Oct 20215,60379.795.71$32,015
Sep 20215,43869.865.35$29,098
Aug 20215,33566.024.22$22,517
Jul 20215,27870.783.98$21,017
Jun 20215,51369.493.38$18,637
May 20215,27263.483.02$15,909
Apr 20217,33360.362.76$20,227
Mar 20215,89561.302.72$16,016
Feb 20216,05157.805.55$33,571
Jan 20217,31350.412.81$20,552
Dec 20206,22644.642.68$16,657
Nov 20206,14238.772.71$16,624
Oct 20205,99236.972.48$14,851
Sep 20206,77437.091.99$13,487
Aug 20207,57639.982.39$18,070
Jul 20207,90338.371.83$14,424
Jun 20208,00834.901.69$13,536
May 20208,39416.921.81$15,233
Apr 20206,67814.751.80$12,050
Mar 20207,39630.341.86$13,729
Feb 20207,31149.881.98$14,481
Jan 20208,06257.252.09$16,888
Dec 20197,48759.012.30$17,253
Nov 20197,54155.302.75$20,743
Oct 20197,84053.472.42$18,961
Sep 20197,71555.052.66$20,501
Aug 20198,29653.112.30$19,117
Jul 20197,22356.272.46$17,769
Jun 20196,27152.782.49$15,622
May 20197,21258.482.74$19,763
Apr 20197,69562.632.75$21,167
Mar 20197,73956.803.06$23,698
Feb 20196,20350.852.79$17,320
Jan 20197,62446.033.23$24,612
Dec 20185,68346.594.19$23,786
Nov 20186,22152.934.24$26,360
Oct 20185,81861.443.40$19,770
Sep 20185,34859.543.11$16,622
Aug 20186,54959.403.07$20,083
Jul 20188,00465.142.93$23,467
Jun 20187,41160.183.08$22,803
May 201810,21765.382.90$29,637
Apr 20188,73763.842.90$25,344
Mar 201810,10461.222.79$28,158
Feb 20189,25761.782.77$25,606
Jan 201810,83462.874.01$43,437
Dec 201710,67357.272.92$31,181
Nov 201710,87155.423.12$33,900
Oct 201711,06449.292.98$33,011
Sep 201710,45147.523.09$32,265
Aug 201710,52945.373.00$31,633
Jul 201711,72943.873.09$36,211
Jun 20179,01742.493.09$27,838
May 201710,65845.373.26$34,781
Apr 201711,01647.933.21$35,379
Mar 201711,78146.772.98$35,151
Feb 201710,42150.452.95$30,769
Jan 201712,00849.413.42$41,053
Dec 201612,34148.763.72$45,943
Nov 20166,86842.492.64$18,161
Oct 201612,03846.193.09$37,201
Sep 201611,01841.553.10$34,163
Aug 201612,08241.442.92$35,332
Jul 201613,21741.622.92$38,651
Jun 201612,27745.352.69$32,974
May 201610,50642.521.99$20,918
Apr 201610,42136.561.99$20,749
Mar 201611,15433.011.79$20,010
Feb 20169,28326.472.06$19,157
Jan 201610,29827.352.36$24,348
Dec 20159,89732.362.00$19,808
Nov 20159,72438.792.17$21,075
Oct 201510,43743.552.43$25,326
Sep 20159,95542.992.76$27,460
Aug 201510,24340.162.87$29,423
Jul 20159,95148.152.95$29,306
Jun 201510,28656.152.88$29,653
May 201510,85055.212.96$32,067
Apr 201510,72649.822.71$29,031
Mar 201511,24342.892.93$32,995
Feb 201510,72744.662.98$31,926
Jan 201512,33743.433.10$38,252
Dec 201412,56054.693.59$45,107
Nov 201412,09370.464.25$51,418
Oct 201412,47078.303.90$48,645
Sep 201411,53686.164.05$46,668
Aug 201412,07089.394.04$48,704
Jul 201411,05296.564.18$46,193
Jun 201410,72898.164.74$50,817
May 201411,26594.734.73$53,245
Apr 201410,83695.944.81$52,112
Mar 201411,90795.895.06$60,211
Feb 201411,12997.406.19$68,911
Jan 201412,64390.404.86$61,454
Dec 201312,71291.824.35$55,354
Nov 201311,22088.853.74$41,944
Oct 20138,31397.423.78$31,418
Sep 2013858104.113.72$3,190
Aug 20135,406104.253.52$19,043
Jul 201311,401102.523.72$42,386
Jun 201312,15794.403.93$47,818
May 201310,72794.834.15$44,507
Apr 201310,47393.964.28$44,852
Mar 201310,77093.623.91$42,142
Feb 201310,51991.233.42$35,974
Jan 201312,28991.603.42$42,027
Dec 201211,38486.773.42$38,935
Nov 201212,67086.953.62$45,928
Oct 201211,91389.383.40$40,500
Sep 201212,63594.672.92$36,874
Aug 201211,31392.662.91$32,900
Jul 201211,91485.133.02$35,990
Jun 201210,53379.822.52$26,533
May 201210,19391.612.49$25,363
Apr 201210,991101.652.00$21,947
Mar 201212,776105.052.22$28,389
Feb 201212,553101.102.57$32,264
Jan 201212,84298.092.73$35,111
Dec 201112,22596.873.24$39,606
Nov 201112,95395.723.31$42,891
Oct 201112,75284.983.65$46,526
Sep 201112,68283.623.99$50,548
Aug 201112,75783.404.15$52,933
Jul 201113,94494.144.52$62,988
Jun 201112,28992.904.64$57,019
May 201112,81198.134.40$56,430
Apr 201112,541105.964.33$54,344
Mar 201111,93596.364.06$48,424
Feb 201110,40885.644.18$43,505
Jan 201113,52586.504.59$62,063
Dec 201013,56985.734.35$58,995
Nov 201013,72980.843.80$52,106
Oct 201012,06278.103.51$42,324
Sep 201012,28372.633.98$48,880
Aug 201012,23873.684.42$54,084
Jul 201013,72272.554.74$64,994
Jun 201012,32070.364.91$60,496
May 201014,00771.124.24$59,323
Apr 201012,61281.694.12$51,995
Mar 201014,47178.394.39$63,508
Feb 201012,12973.585.44$66,010
Jan 201011,82174.365.96$70,502
Dec 200913,22071.445.48$72,495
Nov 200914,06474.593.75$52,761
Oct 200914,63072.544.11$60,133
Sep 200914,24365.543.06$43,651
Aug 200915,44567.423.22$49,710
Jul 200914,26361.133.46$49,414
Jun 200915,27366.163.90$59,488
May 200914,51754.743.93$56,990
Apr 200910,86346.773.59$38,971
Mar 200915,17642.144.06$61,599
Feb 200912,70132.814.63$58,844
Jan 200915,49335.865.37$83,213
Dec 200812,76337.105.98$76,286
Nov 200814,10855.496.86$96,786
Oct 200815,94875.246.92$110,392
Sep 200814,604101.767.88$115,037
Aug 200815,791114.228.48$133,955
Jul 200815,468131.0811.39$176,172
Jun 200813,744131.3313.03$179,120
May 200815,828123.1711.57$183,198
Apr 200815,578110.3110.45$162,866
Mar 200815,842101.909.66$153,098
Feb 200815,65792.538.77$137,321
Jan 200817,25890.388.21$141,614
Dec 200716,99088.337.30$124,060
Nov 200714,39591.677.29$104,964
Oct 200711,22682.856.92$77,706
Sep 200716,23275.846.24$101,355
Aug 200717,27369.066.39$110,339
Jul 200713,47370.906.39$86,065
Jun 200715,48462.007.55$116,880
May 200718,47558.747.85$144,960
Apr 200718,00659.617.81$140,540
Mar 200717,30156.927.30$126,331
Feb 200712,10555.108.22$99,455
Jan 200713,13250.306.73$88,337
Dec 200617,34456.656.92$119,993
Nov 200616,11654.207.62$122,763
Oct 200614,02254.906.01$84,326
Sep 200617,11060.085.04$86,186
Aug 200618,98668.717.34$139,356
Jul 200619,02169.376.34$120,646
Jun 200615,36766.286.38$98,101
May 200618,48066.016.42$118,734
Apr 200618,40364.397.36$135,455
Mar 200612,00256.707.08$85,009
Feb 200614,53257.597.75$112,639
Jan 200613,72360.598.93$122,592
Dec 200518,26454.9413.42$245,019
Nov 200516,14954.6910.59$170,992
Oct 200517,02058.3413.80$234,804
Sep 200517,18261.4512.08$207,541
Aug 200516,85761.519.80$165,145
Jul 200516,93155.697.84$132,801
Jun 200517,26052.337.38$127,397
May 200517,24445.226.65$114,693
Apr 200517,34349.207.36$127,653
Mar 200517,97150.377.15$128,580
Feb 200517,94745.226.31$113,280
Jan 200519,94343.166.32$126,084
Dec 200422,66539.866.75$153,013
Nov 200419,50745.286.33$123,488
Oct 200421,11549.706.52$137,566
Sep 200421,40443.245.28$113,097
Aug 200420,61842.375.55$114,444
Jul 200417,34938.286.08$105,554
Jun 200421,99736.106.43$141,507
May 200418,94437.486.49$123,033
Apr 200419,54634.475.86$114,509
Mar 200419,18434.365.53$106,090
Feb 200419,21532.455.51$105,867
Jan 200421,88132.036.30$137,842
Dec 200323,10130.266.30$145,574
Nov 200323,47928.804.60$107,890
Oct 200322,35428.174.76$106,397
Sep 200320,63026.314.75$97,979
Aug 200324,05329.765.13$123,385
Jul 200321,78829.415.17$112,662
Jun 200319,88228.565.98$118,953
May 200322,67826.595.97$135,448
Apr 200324,73926.675.41$133,771
Mar 200325,00731.146.10$152,444
Feb 200320,33533.487.93$161,173
Jan 200325,83530.315.58$144,212
Dec 200225,53526.914.85$123,941
Nov 200226,13824.664.14$108,132
Oct 200226,80726.464.23$113,370
Sep 200220,78927.443.64$75,572
Aug 200223,27825.963.16$73,655
Jul 200223,83024.583.06$72,962
Jun 200223,87023.733.34$79,684
May 200224,38524.663.58$87,396
Apr 200221,79923.653.51$76,565
Mar 200226,68222.003.10$82,787
Feb 200225,96718.222.38$61,689
Jan 200219,84317.172.38$47,141
Dec 200122,82816.932.36$53,975
Nov 200124,15618.072.41$58,108
Oct 200124,97519.782.53$63,159
Sep 200122,43224.262.25$50,502
Aug 200119,90124.873.05$60,761
Jul 200122,82023.933.20$72,957
Jun 200127,43024.563.82$104,897
May 200127,67125.524.31$119,188
Apr 200125,51724.685.34$136,141
Mar 200123,52624.545.38$126,486
Feb 200125,60527.755.77$147,666
Jan 200127,61527.478.40$231,932
Dec 200029,37326.889.12$267,955
Nov 200029,97532.215.66$169,599
Oct 200030,19431.235.15$155,363
Sep 200025,48031.875.19$132,152
Aug 200028,75829.644.54$130,583
Jul 200031,30828.534.09$128,042
Jun 200029,92729.304.40$131,597
May 200030,33327.263.68$111,618
Apr 200036,63824.513.12$114,164
Mar 200030,52228.422.86$87,285
Feb 200031,65927.622.73$86,318
Jan 200031,33025.272.48$77,714
Dec 199932,27724.282.42$78,230
Nov 199932,15223.192.43$78,258
Oct 199932,97220.982.80$92,444
Sep 199931,80021.752.62$83,279
Aug 199936,21919.262.88$104,151
Jul 199935,48517.892.37$84,184
Jun 199934,49215.942.36$81,474
May 199936,89215.792.32$85,627
Apr 199937,14915.102.21$82,027
Mar 199939,88112.471.84$73,314
Feb 199937,2929.981.82$67,789
Jan 199941,42410.381.90$78,704
Dec 199842,0399.201.77$74,549
Nov 199838,04510.892.19$83,156
Oct 199842,27712.421.97$83,252
Sep 199838,47212.592.08$80,123
Aug 199840,36611.301.91$76,992
Jul 199834,07811.742.24$76,242
Jun 199837,84511.242.24$84,669
May 199845,55312.622.21$100,505
Apr 199827,25013.042.51$68,270
Mar 199836,14712.802.31$83,479
Feb 199829,17813.952.30$67,084
Jan 199843,68414.702.15$94,130
Dec 199747,71016.322.41$115,034
Nov 199742,39418.193.09$130,924
Oct 199748,27719.253.15$152,064
Sep 199745,03017.742.95$133,058
Aug 199748,29517.862.55$123,381
Jul 199750,27517.582.25$112,965
Jun 199749,32317.242.26$111,332
May 199751,99118.972.31$120,021
Apr 199751,12617.882.08$106,484
Mar 199753,60318.951.94$103,944
Feb 199749,16320.492.21$108,449
Jan 199746,03023.483.54$162,932
Dec 199647,96223.32$0
Nov 199661,93621.97$0
Oct 199666,48223.31$0
Sep 199665,45322.22$0
Aug 199673,13720.26$0
Jul 199671,67319.55$0
Jun 199673,86118.73$0
May 199678,10619.43$0
Apr 199683,34021.51$0
Mar 199693,18819.38$0
Feb 199691,16516.98$0
Jan 1996102,30417.07$0
Dec 1995108,06717.19$0
Nov 1995115,38216.00$0
Oct 1995125,77315.43$0
Sep 1995138,44916.18$0
Aug 1995166,26315.92$0
Jul 1995152,17015.24$0
Jun 1995113,87216.41$0
May 1995157,72217.56$0
Apr 1995174,70817.73$0
Mar 1995219,02316.44$0
Feb 1995230,99916.58$0
Jan 1995256,03615.92$0
Dec 1994388,52615.03$0
Nov 1994435,66215.90$0
Oct 1994448,31615.58$0
Sep 1994415,87815.29$0
Aug 1994395,63116.13$0
Jul 199418,74817.56$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
Gas                7,912 Mcf  × $  3.05 =    $24,099

────────────────────────────────────────────────────
Month total                                  $24,099

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/150699 is the state's own key, not one this site invented.