MARTINEZ, A. UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151881District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Aug 1994 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
382
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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered
1986-07-30
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: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/94.

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 Gas112001-08-21144584
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
CondensateDisposition20,659 bbl$386,694
GasProduction2,263,478 Mcf$2,346,206
Total$2,732,900

1,640,844 Mcf of this lease's gas, across 29 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 27.2903, -99.4031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29032, -99.40314 · 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
8,224 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 8,224 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-5053320848,224 ftAug 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 (382)

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

382 months

May 20260462106.413.05$1,407
Apr 2026043698.932.87$1,251
Mar 2026042889.753.15$1,348
Feb 2026039463.503.75$1,478
Jan 2026044059.138.00$3,519
Dec 2025039956.664.41$1,761
Nov 2025040358.593.93$1,582
Oct 2025041459.383.30$1,368
Sep 2025040662.743.08$1,249
Aug 2025044263.933.01$1,333
Jul 2025042266.743.32$1,399
Jun 2025040466.483.13$1,264
May 2025043460.553.23$1,403
Apr 2025038862.363.54$1,375
Mar 2025037767.704.27$1,609
Feb 2025037270.884.34$1,615
Jan 2025034174.324.28$1,459
Dec 2024031068.993.12$968
Nov 2024033369.052.20$732
Oct 2024036271.372.28$826
Sep 2024038469.612.36$908
Aug 2024036775.632.06$757
Jul 2024036579.932.15$784
Jun 2024034678.082.63$911
May 2024038378.812.20$842
Apr 2024035284.451.66$584
Mar 2024033280.301.55$513
Feb 2024029476.091.78$524
Jan 2024035173.023.30$1,157
Dec 2023037471.262.61$976
Nov 2023036177.892.81$1,014
Oct 2023037285.443.09$1,148
Sep 2023037789.042.74$1,031
Aug 2023037280.522.67$994
Jul 20232736274.852.64$2,977
Jun 2023037768.962.26$851
May 2023039470.622.23$878
Apr 20231537178.122.24$2,002
Mar 2023038572.852.39$921
Feb 2023031675.112.47$779
Jan 2023037376.533.39$1,264
Dec 2022041276.415.73$2,360
Nov 2022038985.005.65$2,196
Oct 2022043887.185.86$2,568
Sep 2022044084.888.16$3,592
Aug 2022041594.529.13$3,788
Jul 20220415101.587.54$3,130
Jun 20220426115.097.98$3,398
May 20220419109.378.43$3,533
Apr 20220406104.226.84$2,776
Mar 20220400108.885.08$2,031
Feb 20221441991.054.86$3,311
Jan 2022042481.844.54$1,924
Dec 2021045871.323.90$1,786
Nov 2021040077.435.24$2,095
Oct 2021032879.795.71$1,874
Sep 2021044969.865.35$2,403
Aug 20212941066.024.22$3,645
Jul 2021043970.783.98$1,748
Jun 2021043669.493.38$1,474
May 2021048063.483.02$1,448
Apr 2021048260.362.76$1,330
Mar 2021043561.302.72$1,182
Feb 2021042257.805.55$2,341
Jan 2021047750.412.81$1,341
Dec 2020048344.642.68$1,292
Nov 2020040338.772.71$1,091
Oct 2020044836.972.48$1,110
Sep 2020045537.091.99$906
Aug 2020043239.982.39$1,030
Jul 2020044638.371.83$814
Jun 2020052834.901.69$892
May 2020055016.921.81$998
Apr 2020053814.751.80$971
Mar 2020042830.341.86$794
Feb 2020036949.881.98$731
Jan 2020042557.252.09$890
Dec 2019041159.012.30$947
Nov 2019039755.302.75$1,092
Oct 2019044553.472.42$1,076
Sep 2019043855.052.66$1,164
Aug 2019043153.112.30$993
Jul 2019845656.272.46$1,572
Jun 2019047852.782.49$1,191
May 2019046958.482.74$1,285
Apr 2019043062.632.75$1,183
Mar 2019046756.803.06$1,430
Feb 2019039950.852.79$1,114
Jan 2019044246.033.23$1,427
Dec 2018033246.594.19$1,390
Nov 2018029352.934.24$1,242
Oct 2018039561.443.40$1,342
Sep 2018046459.543.11$1,442
Aug 2018040859.403.07$1,251
Jul 2018046065.142.93$1,349
Jun 2018042360.183.08$1,302
May 20181144765.382.90$2,016
Apr 2018044063.842.90$1,276
Mar 2018044261.222.79$1,232
Feb 2018041761.782.77$1,153
Jan 2018043562.874.01$1,744
Dec 2017043957.272.92$1,283
Nov 2017040855.423.12$1,272
Oct 2017047349.292.98$1,411
Sep 2017045547.523.09$1,405
Aug 2017044545.373.00$1,337
Jul 2017046943.873.09$1,448
Jun 2017044442.493.09$1,371
May 2017045045.373.26$1,469
Apr 2017043847.933.21$1,407
Mar 2017041846.772.98$1,247
Feb 2017037850.452.95$1,116
Jan 2017049449.413.42$1,689
Dec 2016051748.763.72$1,925
Nov 2016044942.492.64$1,187
Oct 2016045646.193.09$1,409
Sep 2016050441.553.10$1,563
Aug 2016051141.442.92$1,494
Jul 2016050241.622.92$1,468
Jun 2016047245.352.69$1,268
May 2016049442.521.99$984
Apr 2016046636.561.99$928
Mar 2016247733.011.79$922
Feb 2016044626.472.06$920
Jan 2016055027.352.36$1,300
Dec 2015050832.362.00$1,017
Nov 2015041338.792.17$895
Oct 2015049143.552.43$1,191
Sep 2015055142.992.76$1,520
Aug 2015048140.162.87$1,382
Jul 2015049048.152.95$1,443
Jun 2015059156.152.88$1,704
May 2015057855.212.96$1,708
Apr 2015059349.822.71$1,605
Mar 2015059142.892.93$1,734
Feb 2015049144.662.98$1,461
Jan 2015064143.433.10$1,988
Dec 2014058854.693.59$2,112
Nov 2014060570.464.25$2,572
Oct 2014063478.303.90$2,473
Sep 2014058986.164.05$2,383
Aug 2014074789.394.04$3,014
Jul 2014072496.564.18$3,026
Jun 2014060398.164.74$2,856
May 2014158594.734.73$2,860
Apr 2014156595.944.81$2,813
Mar 2014061395.895.06$3,100
Feb 2014055597.406.19$3,437
Jan 2014164090.404.86$3,201
Dec 2013260791.824.35$2,827
Nov 2013070488.853.74$2,632
Oct 2013170897.423.78$2,773
Sep 20130667104.113.72$2,480
Aug 20130616104.253.52$2,170
Jul 20131625102.523.72$2,426
Jun 2013066494.403.93$2,612
May 2013061594.834.15$2,552
Apr 2013073893.964.28$3,161
Mar 2013047593.623.91$1,859
Feb 2013067791.233.42$2,315
Jan 2013072791.603.42$2,486
Dec 2012071286.773.42$2,435
Nov 2012063686.953.62$2,305
Oct 2012066689.383.40$2,264
Sep 2012065194.672.92$1,900
Aug 2012071292.662.91$2,071
Jul 2012058585.133.02$1,767
Jun 2012063079.822.52$1,587
May 2012064291.612.49$1,598
Apr 20120630101.652.00$1,258
Mar 20120649105.052.22$1,442
Feb 20120726101.102.57$1,866
Jan 2012065998.092.73$1,802
Dec 2011064496.873.24$2,086
Nov 2011074895.723.31$2,477
Oct 2011076984.983.65$2,806
Sep 2011069983.623.99$2,786
Aug 2011065783.404.15$2,726
Jul 2011170694.144.52$3,283
Jun 2011063292.904.64$2,932
May 2011071798.134.40$3,158
Apr 20110658105.964.33$2,851
Mar 2011069796.364.06$2,828
Feb 2011065485.644.18$2,734
Jan 2011069186.504.59$3,171
Dec 2010089985.734.35$3,909
Nov 2010082280.843.80$3,120
Oct 2010073078.103.51$2,561
Sep 2010070972.633.98$2,821
Aug 2010074173.684.42$3,275
Jul 2010082172.554.74$3,889
Jun 2010074870.364.91$3,673
May 2010073071.124.24$3,092
Apr 2010065481.694.12$2,696
Mar 2010074378.394.39$3,261
Feb 2010076773.585.44$4,174
Jan 2010092874.365.96$5,535
Dec 2009077471.445.48$4,244
Nov 2009070774.593.75$2,652
Oct 2009074372.544.11$3,054
Sep 2009074965.543.06$2,296
Aug 2009073667.423.22$2,369
Jul 2009071161.133.46$2,463
Jun 2009070666.163.90$2,750
May 2009070254.743.93$2,756
Apr 2009071046.773.59$2,547
Mar 2009074942.144.06$3,040
Feb 2009064332.814.63$2,979
Jan 2009084435.865.37$4,533
Dec 2008076637.105.98$4,578
Nov 2008087155.496.86$5,975
Oct 2008061575.246.92$4,257
Sep 20080763101.767.88$6,010
Aug 20080817114.228.48$6,931
Jul 20080721131.0811.39$8,212
Jun 20080709131.3313.03$9,240
May 20080825123.1711.57$9,549
Apr 20080734110.3110.45$7,674
Mar 20080743101.909.66$7,180
Feb 2008079992.538.77$7,008
Jan 2008070490.388.21$5,777
Dec 2007082188.337.30$5,995
Nov 2007078091.677.29$5,688
Oct 2007178182.856.92$5,489
Sep 2007583075.846.24$5,562
Aug 2007088969.066.39$5,679
Jul 2007096070.906.39$6,132
Jun 2007075762.007.55$5,714
May 2007085858.747.85$6,732
Apr 2007780059.617.81$6,661
Mar 2007084556.927.30$6,170
Feb 2007073155.108.22$6,006
Jan 20071178650.306.73$5,841
Dec 2006080556.656.92$5,569
Nov 2006071254.207.62$5,424
Oct 20062180854.906.01$6,012
Sep 2006083160.085.04$4,186
Aug 2006069668.717.34$5,109
Jul 2006046469.376.34$2,943
Jun 2006088966.286.38$5,675
May 2006089666.016.42$5,757
Apr 2006081264.397.36$5,977
Mar 20061891256.707.08$7,480
Feb 2006082957.597.75$6,426
Jan 200601,01960.598.93$9,103
Dec 2005688454.9413.42$12,189
Nov 200501,16154.6910.59$12,293
Oct 200501,45658.3413.80$20,087
Sep 200501,78061.4512.08$21,501
Aug 200501,34161.519.80$13,138
Jul 200502,22055.697.84$17,413
Jun 200502,70452.337.38$19,958
May 200502,17845.226.65$14,486
Apr 200501,69649.207.36$12,483
Mar 200502,92850.377.15$20,949
Feb 200522,59245.226.31$16,451
Jan 200523,51343.166.32$22,296
Dec 200403,68339.866.75$24,864
Nov 200402,47745.286.33$15,680
Oct 200403,12749.706.52$20,373
Sep 200404,67043.245.28$24,676
Aug 200405,14542.375.55$28,558
Jul 200405,34338.286.08$32,508
Jun 200475,12036.106.43$33,190
May 200407,10637.486.49$46,150
Apr 20041336,72434.475.86$43,977
Mar 200402,79834.365.53$15,473
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200314295530.266.30$10,315
Nov 200301,41728.804.60$6,511
Oct 20031261,53228.174.76$10,841
Sep 2003020326.314.75$964
Aug 200301,68029.765.13$8,618
Jul 20032151,71729.415.17$15,201
Jun 200301,59428.565.98$9,537
May 2003422,16626.595.97$14,054
Apr 200301,80926.675.41$9,782
Mar 200301,57831.146.10$9,620
Feb 200302,53233.487.93$20,068
Jan 200303,44730.315.58$19,241
Dec 200207,68026.914.85$37,277
Nov 2002012,45424.664.14$51,522
Oct 2002110,37326.464.23$43,895
Sep 200201,83727.443.64$6,678
Aug 200201,93825.963.16$6,132
Jul 200262,16624.583.06$6,779
Jun 200202,08823.733.34$6,970
May 200202,11424.663.58$7,577
Apr 2002182,13223.653.51$7,914
Mar 200202,06422.003.10$6,404
Feb 20021151,87618.222.38$6,552
Jan 200202,09917.172.38$4,987
Dec 2001922,03916.932.36$6,379
Nov 2001892,04618.072.41$6,530
Oct 200102,27619.782.53$5,756
Sep 2001882,12124.262.25$6,910
Aug 200102,35924.873.05$7,202
Jul 200102,37623.933.20$7,596
Jun 20011772,07524.563.82$12,282
May 200102,50125.524.31$10,773
Apr 200102,13024.685.34$11,364
Mar 20011722,36924.545.38$16,958
Feb 200102,27827.755.77$13,137
Jan 20011732,55427.478.40$26,203
Dec 2000882,36426.889.12$23,931
Nov 2000862,37232.215.66$16,191
Oct 200002,75231.235.15$14,160
Sep 2000642,52231.875.19$15,120
Aug 20001592,56829.644.54$16,373
Jul 2000822,88028.534.09$14,118
Jun 2000772,86229.304.40$14,841
May 20001242,73527.263.68$13,444
Apr 2000442,58824.513.12$9,143
Mar 2000142,90928.422.86$8,717
Feb 2000152,40527.622.73$6,972
Jan 2000292,44125.272.48$6,788
Dec 1999152,65624.282.42$6,802
Nov 199902,57923.192.43$6,277
Oct 1999292,88920.982.80$8,708
Sep 1999292,58321.752.62$7,395
Aug 1999142,82519.262.88$8,393
Jul 1999292,84917.892.37$7,278
Jun 199902,71815.942.36$6,420
May 1999402,95115.792.32$7,481
Apr 1999272,89415.102.21$6,798
Mar 1999442,88612.471.84$5,854
Feb 1999152,7179.981.82$5,089
Jan 1999292,79710.381.90$5,615
Dec 1998152,8269.201.77$5,149
Nov 1998562,81410.892.19$6,760
Oct 1998282,96612.421.97$6,188
Sep 1998142,71612.592.08$5,833
Aug 1998873,08211.301.91$6,862
Jul 19981323,23711.742.24$8,792
Jun 19982173,42711.242.24$10,106
May 1998714,08312.622.21$9,905
Apr 19982015,98213.042.51$17,608
Mar 19982705,30512.802.31$15,708
Feb 1998698,01313.952.30$19,385
Jan 19982019,60314.702.15$23,647
Dec 19972688,93616.322.41$25,919
Nov 199725211,71618.193.09$40,766
Oct 19972059,27019.253.15$33,145
Sep 19971369,45117.742.95$30,339
Aug 199726915,48317.862.55$44,359
Jul 199713816,48517.582.25$39,467
Jun 199713817,77117.242.26$42,492
May 199720723,13918.972.31$57,343
Apr 199721226,38617.882.08$58,747
Mar 199721220,89118.951.94$44,528
Feb 199728518,39120.492.21$46,408
Jan 199721421,52123.483.54$81,203
Dec 199629420,08423.32$6,856
Nov 199620424,46621.97$4,482
Oct 199627530,25223.31$6,410
Sep 199642432,77022.22$9,421
Aug 199627139,90420.26$5,490
Jul 199626636,31719.55$5,200
Jun 199627234,98718.73$5,095
May 199643152,69819.43$8,374
Apr 199643757,11121.51$9,400
Mar 199652258,19619.38$10,116
Feb 199645433,83916.98$7,709
Jan 199672348,26717.07$12,342
Dec 199556055,67817.19$9,626
Nov 199558561,41416.00$9,360
Oct 199542868,14215.43$6,604
Sep 199538670,09016.18$6,245
Aug 199526653,38815.92$4,235
Jul 199543357,60415.24$6,599
Jun 199531956,32216.41$5,235
May 199544458,74417.56$7,797
Apr 199548360,70117.73$8,564
Mar 199557868,45916.44$9,502
Feb 199551565,76616.58$8,539
Jan 199577977,01115.92$12,402
Dec 199473883,50515.03$11,092
Nov 199466586,48515.90$10,574
Oct 199478692,45515.58$12,246
Sep 199485089,28815.29$12,997
Aug 199453866,90116.13$8,678

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                  462 Mcf  × $  3.05 =     $1,407

────────────────────────────────────────────────────
Month total                                   $1,407

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/151881 is the state's own key, not one this site invented.