E. L. MARTINEZ G. U. NO. 1

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

Gas lease lease 154530District 04Field 587421882 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Feb 1995 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
376
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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1964-09-30
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 80 acres. The field rule took effect on 1991-11-19.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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 Gas111995-10-24132680
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
CondensateDisposition118,721 bbl$3,019,943
GasProduction4,487,654 Mcf$7,984,950
Total$11,004,893

2,269,761 Mcf of this lease's gas, across 21 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 26.6351, -98.3301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.63514, -98.33012 · 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
11,500 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 11,500 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-215322022ST11,500 ftNov 2003

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 (376)

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

376 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 202503458.593.93$134
Oct 202501659.383.30$53
Sep 202506262.743.08$191
Aug 20250763.933.01$21
Jul 202509366.743.32$308
Jun 2025050266.483.13$1,571
May 202502,33060.553.23$7,531
Apr 2025087462.363.54$3,097
Mar 202506367.704.27$269
Feb 20250070.884.34$0
Jan 202503874.324.28$163
Dec 2024013068.993.12$406
Nov 202409569.052.20$209
Oct 202409971.372.28$226
Sep 202406469.612.36$151
Aug 20240075.632.06$0
Jul 202405679.932.15$120
Jun 202404678.082.63$121
May 20240078.812.20$0
Apr 202404784.451.66$78
Mar 202403980.301.55$60
Feb 2024012076.091.78$214
Jan 202409873.023.30$323
Dec 202303371.262.61$86
Nov 20230077.892.81$0
Oct 202304985.443.09$151
Sep 202303089.042.74$82
Aug 20230080.522.67$0
Jul 202303574.852.64$92
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202302472.852.39$57
Feb 2023069675.112.47$1,716
Jan 2023019076.533.39$644
Dec 20220076.415.73$0
Nov 202201685.005.65$90
Oct 202203387.185.86$194
Sep 20220084.888.16$0
Aug 202207494.529.13$675
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202201109.378.43$8
Apr 2022015104.226.84$103
Mar 20220107108.885.08$543
Feb 2022020991.054.86$1,016
Jan 2022021781.844.54$985
Dec 202104871.323.90$187
Nov 202106377.435.24$330
Oct 20210579.795.71$29
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202102463.483.02$72
Apr 202102360.362.76$63
Mar 202104761.302.72$128
Feb 2021018457.805.55$1,021
Jan 2021032750.412.81$919
Dec 2020027644.642.68$738
Nov 2020013538.772.71$365
Oct 2020011436.972.48$283
Sep 202004637.091.99$92
Aug 2020114439.982.39$383
Jul 202095038.371.83$3,645
Jun 2020591234.901.69$2,079
May 202001716.921.81$31
Apr 202011355314.751.80$2,665
Mar 202012081030.341.86$5,144
Feb 202013675749.881.98$8,283
Jan 20201461,35257.252.09$11,191
Dec 20191461,47759.012.30$12,019
Nov 20191461,38855.302.75$11,892
Oct 20191431,24353.472.42$10,652
Sep 20191421,18255.052.66$10,958
Aug 201913582153.112.30$9,062
Jul 201913278456.272.46$9,356
Jun 201911282052.782.49$7,954
May 20199491258.482.74$7,996
Apr 20198193362.632.75$7,639
Mar 20196686356.803.06$6,391
Feb 20197291350.852.79$6,211
Jan 2019631,15446.033.23$6,625
Dec 2018621,02246.594.19$7,166
Nov 2018641,04852.934.24$7,828
Oct 20186449761.443.40$5,621
Sep 20186183459.543.11$6,224
Aug 2018623,26059.403.07$13,680
Jul 20181243,55165.142.93$18,488
Jun 2018621,03160.183.08$6,903
May 201811399665.382.90$10,277
Apr 2018451,15663.842.90$6,226
Mar 20186817061.222.79$4,637
Feb 20183985761.782.77$4,780
Jan 2018411,01362.874.01$6,639
Dec 2017751,10957.272.92$7,535
Nov 2017501,16655.423.12$6,407
Oct 2017391,22949.292.98$5,589
Sep 2017401,51747.523.09$6,584
Aug 2017611,99445.373.00$8,758
Jul 2017872,66443.873.09$12,041
Jun 20171162,80942.493.09$13,601
May 20171722,71845.373.26$16,674
Apr 2017882,38047.933.21$11,861
Mar 20171812,33846.772.98$15,441
Feb 2017851,95550.452.95$10,061
Jan 20171321,48449.413.42$11,596
Dec 201613177148.763.72$9,258
Nov 20161331,32542.492.64$9,155
Oct 2016651,41046.193.09$7,360
Sep 2016591,38141.553.10$6,733
Aug 2016901,43541.442.92$7,926
Jul 2016321,44041.622.92$5,543
Jun 2016641,30145.352.69$6,397
May 2016321,47242.521.99$4,291
Apr 2016321,41036.561.99$3,977
Mar 2016651,47633.011.79$4,794
Feb 2016321,53126.472.06$4,006
Jan 2016651,51727.352.36$5,364
Dec 2015321,49532.362.00$4,028
Nov 2015901,44938.792.17$6,632
Oct 2015261,51943.552.43$4,818
Sep 2015411,45442.992.76$5,773
Aug 2015631,43040.162.87$6,638
Jul 2015491,45748.152.95$6,650
Jun 2015701,35156.152.88$7,825
May 2015871,40655.212.96$8,959
Apr 2015991,50249.822.71$8,997
Mar 2015711,61042.892.93$7,770
Feb 20151071,36444.662.98$8,838
Jan 20151301,38643.433.10$9,943
Dec 20141361,53954.693.59$12,965
Nov 2014521,59270.464.25$10,433
Oct 2014101,91078.303.90$8,234
Sep 2014302,03886.164.05$10,829
Aug 2014102,23389.394.04$9,904
Jul 201402,23996.564.18$9,358
Jun 201402,21398.164.74$10,483
May 201402,27494.734.73$10,748
Apr 201402,13895.944.81$10,282
Mar 201401,75995.895.06$8,895
Feb 201401,63997.406.19$10,149
Jan 201402,15990.404.86$10,494
Dec 201301,13791.824.35$4,951
Nov 201302,04088.853.74$7,626
Oct 201302,18097.423.78$8,239
Sep 201302,142104.113.72$7,963
Aug 2013632,292104.253.52$14,642
Jul 2013522,088102.523.72$13,094
Jun 2013542,05294.403.93$13,169
May 2013592,09094.834.15$14,267
Apr 2013661,95893.964.28$14,587
Mar 2013651,91993.623.91$13,594
Feb 2013641,11291.233.42$9,642
Jan 20131301,81991.603.42$18,129
Dec 2012641,29886.773.42$9,993
Nov 2012651,24386.953.62$10,158
Oct 20121271,78789.383.40$17,426
Sep 2012641,93494.672.92$11,703
Aug 2012631,97292.662.91$11,572
Jul 2012632,12085.133.02$11,767
Jun 20121251,73979.822.52$14,358
May 2012551,71091.612.49$9,294
Apr 2012461,625101.652.00$7,921
Mar 2012901,446105.052.22$12,668
Feb 2012471,434101.102.57$8,437
Jan 2012441,80498.092.73$9,248
Dec 2011911,59896.873.24$13,992
Nov 2011462,17095.723.31$11,589
Oct 2011922,25984.983.65$16,060
Sep 2011421,98983.623.99$11,440
Aug 2011901,66483.404.15$14,410
Jul 2011441,82194.144.52$12,368
Jun 2011492,06992.904.64$14,152
May 20111641,91498.134.40$24,524
Apr 2011581,678105.964.33$13,417
Mar 2011571,84096.364.06$12,958
Feb 20111101,52585.644.18$15,795
Jan 20111011,62186.504.59$16,175
Dec 2010332,27985.734.35$12,738
Nov 2010721,95480.843.80$13,237
Oct 2010402,08778.103.51$10,447
Sep 2010991,86172.633.98$14,596
Aug 20101131,76373.684.42$16,117
Jul 2010361,63772.554.74$10,365
Jun 2010361,84670.364.91$11,598
May 2010742,73171.124.24$16,829
Apr 2010722,42381.694.12$15,871
Mar 2010872,98278.394.39$19,907
Feb 2010452,59973.585.44$17,456
Jan 2010862,40874.365.96$20,756
Dec 2009462,44071.445.48$16,667
Nov 2009612,48374.593.75$13,865
Oct 2009432,29572.544.11$12,552
Sep 2009252,22765.543.06$8,464
Aug 2009282,34667.423.22$9,438
Jul 2009542,81761.133.46$13,061
Jun 2009222,26466.163.90$10,274
May 2009362,67754.743.93$12,480
Apr 2009212,63146.773.59$10,421
Mar 2009422,82442.144.06$13,233
Feb 2009252,36332.814.63$11,768
Jan 2009582,68135.865.37$16,480
Dec 200802,61037.105.98$15,600
Nov 2008682,56855.496.86$21,391
Oct 2008202,26775.246.92$17,197
Sep 2008382,490101.767.88$23,481
Aug 2008222,760114.228.48$25,926
Jul 2008412,814131.0811.39$37,424
Jun 2008522,510131.3313.03$39,541
May 20081742,468123.1711.57$49,997
Apr 20082812,438110.3110.45$56,486
Mar 200802,548101.909.66$24,624
Feb 20082672,86392.538.77$49,816
Jan 2008933,13890.388.21$34,155
Dec 20071582,03588.337.30$28,816
Nov 20072232,95491.677.29$41,982
Oct 2007843,25682.856.92$29,497
Sep 20071611,94775.846.24$24,368
Aug 2007883,31369.066.39$27,241
Jul 20071682,92470.906.39$30,590
Jun 20072513,05462.007.55$38,615
May 2007913,19458.747.85$30,406
Apr 20071642,81559.617.81$31,748
Mar 20072453,09056.927.30$36,508
Feb 2007852,54555.108.22$25,593
Jan 20072992,92350.306.73$34,702
Dec 20062043,12956.656.92$33,204
Nov 2006813,33154.207.62$29,764
Oct 20062393,13954.906.01$31,998
Sep 20061503,37760.085.04$26,023
Aug 2006773,36268.717.34$29,967
Jul 20062203,29369.376.34$36,148
Jun 20061423,52966.286.38$31,940
May 20062264,09666.016.42$41,235
Apr 20062164,19664.397.36$44,793
Mar 2006773,88556.707.08$31,883
Feb 20061462,88757.597.75$30,786
Jan 20062344,46460.598.93$54,056
Dec 20052363,92754.9413.42$65,648
Nov 20052353,82854.6910.59$53,385
Oct 20052303,95658.3413.80$67,994
Sep 2005854,17561.4512.08$55,653
Aug 20052374,06761.519.80$54,422
Jul 20051614,33955.697.84$43,000
Jun 20052334,48552.337.38$45,297
May 20052304,56245.226.65$40,743
Apr 20052304,95649.207.36$47,795
Mar 20052344,95250.377.15$47,218
Feb 20053144,72245.226.31$44,004
Jan 20053135,56043.166.32$48,661
Dec 20043185,92939.866.75$52,703
Nov 20042345,73045.286.33$46,869
Oct 20042306,52549.706.52$53,942
Sep 20042106,56743.245.28$43,780
Aug 20041456,66442.375.55$43,133
Jul 20042448,57338.286.08$61,500
Jun 20043989,03336.106.43$72,477
May 200448010,42537.486.49$85,696
Apr 200417011,06634.475.86$70,690
Mar 200438214,21734.365.53$91,748
Feb 20046539,34832.455.51$72,694
Jan 200464617,80032.036.30$132,825
Dec 20031,18329,81130.266.30$223,656
Nov 20031,13545,28628.804.60$240,784
Oct 20032107,30128.174.76$40,666
Sep 2003558,76926.314.75$43,094
Aug 20031279,30029.765.13$51,486
Jul 20031498,64929.415.17$49,105
Jun 20031407,40828.565.98$48,320
May 200313810,28626.595.97$65,104
Apr 20031039,14526.675.41$52,197
Mar 20031538,34531.146.10$55,636
Feb 20032848,10633.487.93$73,756
Jan 20032959,21830.315.58$60,397
Dec 2002979,25326.914.85$47,522
Nov 20023298,85024.664.14$44,725
Oct 200222610,07226.464.23$48,576
Sep 200221410,52127.443.64$44,118
Aug 200217210,78025.963.16$38,575
Jul 2002409,13224.583.06$28,943
Jun 200214912,83223.733.34$46,372
May 200212012,05424.663.58$46,161
Apr 2002534,49523.653.51$17,041
Mar 200212110,61422.003.10$35,594
Feb 2002897,38018.222.38$19,154
Jan 200210910,18917.172.38$26,077
Dec 20014111,14916.932.36$27,055
Nov 20017110,80318.072.41$27,270
Oct 200110610,90019.782.53$29,661
Sep 2001539,33624.262.25$22,304
Aug 20014410,61024.873.05$33,488
Jul 20014811,44123.933.20$37,726
Jun 200116211,69824.563.82$48,714
May 200120011,78525.524.31$55,866
Apr 200119411,55624.685.34$66,443
Mar 200127712,05924.545.38$71,632
Feb 200123011,70327.755.77$73,875
Jan 200125413,46827.478.40$120,092
Dec 200034615,12926.889.12$147,315
Nov 200019313,25932.215.66$81,236
Oct 200022915,49131.235.15$86,861
Sep 200020314,88831.875.19$83,686
Aug 200022815,95229.644.54$79,192
Jul 200023616,87628.534.09$75,752
Jun 200029816,89129.304.40$83,005
May 200024915,17227.263.68$62,617
Apr 200028516,97024.513.12$59,864
Mar 200033317,03928.422.86$58,191
Feb 200029517,14927.622.73$54,905
Jan 200065719,07525.272.48$63,918
Dec 199977620,31724.282.42$68,084
Nov 199931519,36723.192.43$54,444
Oct 199945522,26920.982.80$71,982
Sep 199944521,41121.752.62$65,751
Aug 199939924,94219.262.88$79,408
Jul 199939126,74817.892.37$70,451
Jun 199948626,45015.942.36$70,224
May 199939028,36315.792.32$71,989
Apr 199956730,53115.102.21$75,976
Mar 199960533,14912.471.84$68,483
Feb 199959633,5229.981.82$66,884
Jan 199963741,93510.381.90$86,286
Dec 199885647,4749.201.77$92,062
Nov 199895953,95310.892.19$128,370
Oct 19981,52357,71112.421.97$132,561
Sep 19981,01451,73912.592.08$120,519
Aug 19982,04059,18611.301.91$135,940
Jul 19981,87872,14011.742.24$183,444
Jun 19982,40375,27011.242.24$195,409
May 199867822,73212.622.21$58,711
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19973018.193.09$55
Oct 19978019.253.15$154
Sep 19974986617.742.95$3,428
Aug 1997122017.862.55$2,179
Jul 199753815,40417.582.25$44,070
Jun 199779758,07517.242.26$144,827
May 19971,17349,27318.972.31$135,999
Apr 19971,25946,68017.882.08$119,735
Mar 19971,26949,44818.951.94$119,934
Feb 19971,26145,16920.492.21$125,476
Jan 19971,58959,85723.483.54$249,186
Dec 19961,57762,28223.32$36,776
Nov 19961,26955,66621.97$27,880
Oct 19961,57558,77123.31$36,713
Sep 19961,51660,19522.22$33,686
Aug 19961,69069,86520.26$34,239
Jul 19961,90275,71619.55$37,184
Jun 19961,94376,06918.73$36,392
May 19962,17266,98319.43$42,202
Apr 19962,00062,04921.51$43,020
Mar 19961,97574,24519.38$38,276
Feb 19962,15278,83716.98$36,541
Jan 19963,279118,63417.07$55,973
Dec 19953,057137,37517.19$52,550
Nov 19954,031143,81416.00$64,496
Oct 19954,657168,62715.43$71,858
Sep 19954,655177,31916.18$75,318
Aug 19956,454240,52115.92$102,748
Jul 19955,219198,23115.24$79,538
Jun 19956,244213,67616.41$102,464
May 19953,577125,76317.56$62,812
Apr 199505,12317.73$0
Mar 19950016.44$0
Feb 19950016.58$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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                   34 Mcf  × $  3.93 =       $134

────────────────────────────────────────────────────
Month total                                     $134

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/154530 is the state's own key, not one this site invented.