MERCURIO MARTINEZ ET AL UNIT

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 151764District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$137 k
Sep 1994 – Jan 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
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 Gas112001-08-21144595
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
CondensateDisposition23 bbl$358
GasProduction128,280 Mcf$136,357
Total$136,715

80,009 Mcf of this lease's gas, across 28 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 27.2730, -99.3898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27299, -99.38978 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,200 ft
1 wells filed one
Completion to plug
11.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,200 ft.

Completions filed
Sep 1994
1 of 1 wells
Plug dates filed
Jan 2006
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053321148,200 ftSep 1994Jan 2006Yes

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 (137)

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

137 months

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 200104516.932.36$106
Nov 2001063718.072.41$1,532
Oct 2001064419.782.53$1,629
Sep 2001027824.262.25$626
Aug 2001028524.873.05$870
Jul 2001031223.933.20$997
Jun 2001018524.563.82$707
May 2001039625.524.31$1,706
Apr 2001051424.685.34$2,742
Mar 2001056724.545.38$3,048
Feb 2001057227.755.77$3,299
Jan 2001038927.478.40$3,267
Dec 2000075526.889.12$6,887
Nov 200001,39532.215.66$7,893
Oct 200008131.235.15$417
Sep 200006131.875.19$316
Aug 20000029.644.54$0
Jul 2000072028.534.09$2,945
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 200001,17424.513.12$3,658
Mar 200001,77128.422.86$5,065
Feb 200001,07727.622.73$2,936
Jan 200001,21325.272.48$3,009
Dec 199901,75024.282.42$4,242
Nov 199901,44623.192.43$3,520
Oct 1999057620.982.80$1,615
Sep 1999058821.752.62$1,540
Aug 1999065319.262.88$1,878
Jul 1999057017.892.37$1,352
Jun 1999073715.942.36$1,741
May 1999071615.792.32$1,662
Apr 1999059515.102.21$1,314
Mar 1999062712.471.84$1,153
Feb 199906929.981.82$1,258
Jan 1999084110.381.90$1,598
Dec 199801,7229.201.77$3,054
Nov 199801,91410.892.19$4,183
Oct 1998037812.421.97$744
Sep 19980012.592.08$0
Aug 1998037711.301.91$719
Jul 1998067111.742.24$1,501
Jun 1998049811.242.24$1,114
May 1998025612.622.21$565
Apr 1998073213.042.51$1,834
Mar 199801,14212.802.31$2,637
Feb 199802,84313.952.30$6,536
Jan 199801,66414.702.15$3,586
Dec 1997060416.322.41$1,456
Nov 1997062118.193.09$1,918
Oct 1997055719.253.15$1,754
Sep 1997068817.742.95$2,033
Aug 1997074517.862.55$1,903
Jul 1997091517.582.25$2,056
Jun 1997094517.242.26$2,133
May 199702,05118.972.31$4,735
Apr 199701,17917.882.08$2,456
Mar 199701,81218.951.94$3,514
Feb 199701,16820.492.21$2,576
Jan 199701,92723.483.54$6,821
Dec 199602,06823.32$0
Nov 199602,91021.97$0
Oct 199603,55723.31$0
Sep 199603,51522.22$0
Aug 199602,65520.26$0
Jul 199602,42419.55$0
Jun 199602,46118.73$0
May 199604,34519.43$0
Apr 199605,26421.51$0
Mar 199608,01019.38$0
Feb 199606,28716.98$0
Jan 1996045017.07$0
Dec 1995051617.19$0
Nov 1995052816.00$0
Oct 1995069615.43$0
Sep 1995089516.18$0
Aug 199501,08815.92$0
Jul 199501,67015.24$0
Jun 199502,14516.41$0
May 1995058417.56$0
Apr 199501,80317.73$0
Mar 199502,86316.44$0
Feb 199502,40116.58$0
Jan 199501,42015.92$0
Dec 199403,10915.03$0
Nov 199453,68815.90$80
Oct 1994115,85615.58$171
Sep 199476,80115.29$107

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.

Dec 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.93 =         $0
Gas                   45 Mcf  × $  2.36 =       $106

────────────────────────────────────────────────────
Month total                                     $106

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/151764 is the state's own key, not one this site invented.