MARTIN, J. C. ET AL

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 154549District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Jun 1995 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
372
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 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 Gas111995-08-11132475
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
CondensateDisposition1,545 bbl$38,320
GasProduction3,831,132 Mcf$9,966,605
Total$10,004,924

1,358,168 Mcf of this lease's gas, across 18 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 27.1147, -99.3526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.11472, -99.35256 · 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
10,026 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 10,026 ft.

Completions filed
Jun 1995
1 of 1 wells

1 well

42-505332861010,026 ftJun 1995

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 (372)

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

372 months

May 202601,404106.413.05$4,276
Apr 202601,55598.932.87$4,462
Mar 202601,57989.753.15$4,973
Feb 202601,49663.503.75$5,610
Jan 202601,68659.138.00$13,484
Dec 202501,80156.664.41$7,948
Nov 202501,86458.593.93$7,319
Oct 202502,02359.383.30$6,686
Sep 202502,04562.743.08$6,292
Aug 202502,05363.933.01$6,189
Jul 202502,04266.743.32$6,770
Jun 202502,03466.483.13$6,364
May 202502,19460.553.23$7,092
Apr 202502,02362.363.54$7,168
Mar 202502,49167.704.27$10,632
Feb 202502,18670.884.34$9,489
Jan 202502,32374.324.28$9,939
Dec 202402,54168.993.12$7,931
Nov 202402,50269.052.20$5,501
Oct 202402,42871.372.28$5,539
Sep 202401,93569.612.36$4,575
Aug 202401,54675.632.06$3,190
Jul 202402,48679.932.15$5,336
Jun 202402,48278.082.63$6,538
May 202402,75978.812.20$6,066
Apr 202402,88884.451.66$4,792
Mar 202402,82680.301.55$4,367
Feb 202402,14876.091.78$3,831
Jan 202402,48873.023.30$8,205
Dec 202302,27571.262.61$5,939
Nov 202301,69377.892.81$4,753
Oct 202302,05985.443.09$6,357
Sep 202301,81389.042.74$4,959
Aug 202302,15680.522.67$5,763
Jul 202302,02674.852.64$5,352
Jun 202302,10168.962.26$4,745
May 202301,93770.622.23$4,314
Apr 202301,99678.122.24$4,467
Mar 202302,55172.852.39$6,105
Feb 202302,24475.112.47$5,533
Jan 202302,52876.533.39$8,564
Dec 202202,30176.415.73$13,183
Nov 202202,44985.005.65$13,828
Oct 202202,53987.185.86$14,888
Sep 202202,60784.888.16$21,283
Aug 202202,82294.529.13$25,757
Jul 202202,876101.587.54$21,691
Jun 202202,692115.097.98$21,475
May 202202,768109.378.43$23,343
Apr 202202,865104.226.84$19,590
Mar 202202,859108.885.08$14,513
Feb 202202,20691.054.86$10,719
Jan 202203,14781.844.54$14,280
Dec 202103,23971.323.90$12,629
Nov 202102,87277.435.24$15,040
Oct 202103,19379.795.71$18,244
Sep 202103,06769.865.35$16,411
Aug 202103,25166.024.22$13,721
Jul 202103,34570.783.98$13,320
Jun 202102,62669.493.38$8,878
May 202102,83363.483.02$8,549
Apr 202102,87460.362.76$7,928
Mar 202102,78261.302.72$7,559
Feb 202102,73757.805.55$15,185
Jan 202103,01350.412.81$8,467
Dec 202002,93244.642.68$7,844
Nov 202002,80638.772.71$7,595
Oct 202002,42036.972.48$5,998
Sep 202002,54137.091.99$5,059
Aug 202002,42939.982.39$5,793
Jul 202002,83638.371.83$5,176
Jun 202002,96534.901.69$5,012
May 202002,87516.921.81$5,217
Apr 202002,80214.751.80$5,056
Mar 202002,95630.341.86$5,487
Feb 202003,16949.881.98$6,277
Jan 202002,93657.252.09$6,150
Dec 201902,91059.012.30$6,706
Nov 201903,44955.302.75$9,487
Oct 201903,54353.472.42$8,569
Sep 201903,38655.052.66$8,998
Aug 201903,12353.112.30$7,197
Jul 201903,54356.272.46$8,716
Jun 201903,38652.782.49$8,435
May 201903,12358.482.74$8,558
Apr 201903,17062.632.75$8,720
Mar 201903,05556.803.06$9,355
Feb 201902,85350.852.79$7,966
Jan 201903,36646.033.23$10,866
Dec 201803,52746.594.19$14,762
Nov 201802,77152.934.24$11,741
Oct 201803,31761.443.40$11,271
Sep 201803,13759.543.11$9,750
Aug 201802,87059.403.07$8,801
Jul 201802,68465.142.93$7,869
Jun 201803,16160.183.08$9,726
May 201803,32865.382.90$9,654
Apr 201803,14663.842.90$9,126
Mar 201803,39361.222.79$9,456
Feb 201803,33561.782.77$9,225
Jan 201803,71462.874.01$14,891
Dec 201703,53157.272.92$10,316
Nov 201703,56655.423.12$11,120
Oct 201703,78149.292.98$11,281
Sep 201703,51247.523.09$10,843
Aug 201703,37645.373.00$10,143
Jul 201703,57043.873.09$11,022
Jun 201703,80642.493.09$11,750
May 201703,99245.373.26$13,027
Apr 201703,64847.933.21$11,716
Mar 201703,86046.772.98$11,517
Feb 201703,86150.452.95$11,400
Jan 201704,70349.413.42$16,079
Dec 201604,35348.763.72$16,205
Nov 201605,05842.492.64$13,375
Oct 201604,91646.193.09$15,192
Sep 201603,82841.553.10$11,869
Aug 201602,97841.442.92$8,709
Jul 201602,53041.622.92$7,399
Jun 201603,14345.352.69$8,442
May 201603,70842.521.99$7,383
Apr 201604,11036.561.99$8,183
Mar 201604,19633.011.79$7,528
Feb 201603,87026.472.06$7,986
Jan 201603,96527.352.36$9,375
Dec 201503,51432.362.00$7,033
Nov 201502,64538.792.17$5,733
Oct 201503,00943.552.43$7,302
Sep 201504,05642.992.76$11,188
Aug 201504,24440.162.87$12,191
Jul 201502,90748.152.95$8,561
Jun 201503,45356.152.88$9,955
May 201504,02755.212.96$11,902
Apr 201503,77449.822.71$10,215
Mar 201504,37442.892.93$12,836
Feb 201503,54544.662.98$10,551
Jan 201503,36243.433.10$10,424
Dec 201403,76654.693.59$13,525
Nov 201405,04470.464.25$21,446
Oct 201401,50278.303.90$5,859
Sep 201404,72486.164.05$19,111
Aug 201405,24989.394.04$21,180
Jul 201405,14296.564.18$21,492
Jun 201404,20598.164.74$19,919
May 201404,01594.734.73$18,977
Apr 201404,14495.944.81$19,929
Mar 201404,03895.895.06$20,419
Feb 201403,82697.406.19$23,691
Jan 201403,67090.404.86$17,839
Dec 201304,75691.824.35$20,710
Nov 201304,72588.853.74$17,663
Oct 201304,52997.423.78$17,117
Sep 201304,677104.113.72$17,388
Aug 201305,022104.253.52$17,691
Jul 201305,033102.523.72$18,711
Jun 201305,44194.403.93$21,402
May 201305,47194.834.15$22,700
Apr 201305,90293.964.28$25,276
Mar 201305,10293.623.91$19,963
Feb 201303,23191.233.42$11,050
Jan 201303,92591.603.42$13,423
Dec 201204,28086.773.42$14,638
Nov 201204,83186.953.62$17,512
Oct 2012325,02389.383.40$19,937
Sep 201205,03394.672.92$14,688
Aug 201205,49192.662.91$15,969
Jul 201205,39785.133.02$16,303
Jun 201205,90079.822.52$14,862
May 201205,74691.612.49$14,298
Apr 201204,347101.652.00$8,680
Mar 201206,313105.052.22$14,028
Feb 201205,785101.102.57$14,869
Jan 201205,43998.092.73$14,871
Dec 201105,76596.873.24$18,677
Nov 201106,88795.723.31$22,805
Oct 201105,12584.983.65$18,699
Sep 2011875,05083.623.99$27,403
Aug 201106,95983.404.15$28,875
Jul 201106,89494.144.52$31,142
Jun 201105,01692.904.64$23,274
May 201103,64098.134.40$16,034
Apr 201105,802105.964.33$25,142
Mar 201107,24796.364.06$29,404
Feb 201106,12885.644.18$25,615
Jan 201106,73986.504.59$30,924
Dec 201007,46285.734.35$32,443
Nov 201007,53080.843.80$28,579
Oct 201008,02178.103.51$28,145
Sep 201028,82472.633.98$35,260
Aug 201019,36673.684.42$41,465
Jul 201008,87172.554.74$42,017
Jun 2010410,83470.364.91$53,481
May 2010612,72871.124.24$54,333
Apr 2010313,93481.694.12$57,691
Mar 201026,40478.394.39$28,262
Feb 201025,46173.585.44$29,868
Jan 201036,02974.365.96$36,181
Dec 200924,87871.445.48$26,893
Nov 200925,11874.593.75$19,349
Oct 200916,70872.544.11$27,644
Sep 200918,70565.543.06$26,744
Aug 200906,55467.423.22$21,094
Jul 200904,84961.133.46$16,799
Jun 200901,96466.163.90$7,650
May 2009019854.743.93$777
Apr 2009014146.773.59$506
Mar 200913,39642.144.06$13,827
Feb 200905,67632.814.63$26,297
Jan 200906,56035.865.37$35,234
Dec 200818,36137.105.98$50,012
Nov 200808,47455.496.86$58,135
Oct 200807,89375.246.92$54,635
Sep 200801,106101.767.88$8,712
Aug 200804,756114.228.48$40,345
Jul 200803,558131.0811.39$40,524
Jun 200801,100131.3313.03$14,336
May 200804,294123.1711.57$49,700
Apr 200817,402110.3110.45$77,497
Mar 200826,594101.909.66$63,929
Feb 200815,43592.538.77$47,761
Jan 200807,14890.388.21$58,655
Dec 200707,53288.337.30$54,998
Nov 200706,97891.677.29$50,881
Oct 200706,04882.856.92$41,864
Sep 200705,56875.846.24$34,767
Aug 200707,57369.066.39$48,376
Jul 200717,40270.906.39$47,354
Jun 200706,43762.007.55$48,589
May 200746,74458.747.85$53,150
Apr 200775,06759.617.81$39,966
Mar 200787,21956.927.30$53,168
Feb 200707,23555.108.22$59,443
Jan 200707,78750.306.73$52,382
Dec 20064456.656.92$254
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20062268.717.34$152
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200607,37056.707.08$52,201
Feb 200607,11357.597.75$55,134
Jan 200607,16360.598.93$63,989
Dec 200508,99054.9413.42$120,604
Nov 200508,99454.6910.59$95,232
Oct 200508,29058.3413.80$114,367
Sep 200507,59561.4512.08$91,740
Aug 200507,81361.519.80$76,543
Jul 200508,22355.697.84$64,498
Jun 200507,24752.337.38$53,490
May 200509,01945.226.65$59,987
Apr 200509,13449.207.36$67,231
Mar 200509,49750.377.15$67,950
Feb 200508,01545.226.31$50,590
Jan 200509,12143.166.32$57,665
Dec 200409,11539.866.75$61,536
Nov 200408,82545.286.33$55,866
Oct 200409,74249.706.52$63,470
Sep 200409,61043.245.28$50,778
Aug 200408,64942.375.55$48,008
Jul 200409,62138.286.08$58,536
Jun 200408,35136.106.43$53,722
May 2004010,09037.486.49$65,530
Apr 200408,34434.475.86$48,883
Mar 200409,74634.365.53$53,897
Feb 200408,26032.455.51$45,509
Jan 200409,92032.036.30$62,492
Dec 200309,26230.266.30$58,366
Nov 200309,40028.804.60$43,195
Oct 200309,60728.174.76$45,726
Sep 2003010,09926.314.75$47,964
Aug 200309,69029.765.13$49,707
Jul 200309,92229.415.17$51,305
Jun 2003010,12328.565.98$60,566
May 2003010,55926.595.97$63,066
Apr 2003010,35326.675.41$55,982
Mar 2003010,27331.146.10$62,625
Feb 200307,94633.487.93$62,979
Jan 2003010,07130.315.58$56,217
Dec 2002011,62426.914.85$56,420
Nov 2002011,27524.664.14$46,644
Oct 2002011,53126.464.23$48,766
Sep 2002012,47927.443.64$45,364
Aug 2002011,59425.963.16$36,685
Jul 2002011,75724.583.06$35,997
Jun 2002010,87823.733.34$36,313
May 2002011,50124.663.58$41,220
Apr 20020023.653.51$0
Mar 2002012,50322.003.10$38,793
Feb 2002011,40218.222.38$27,088
Jan 2002012,09617.172.38$28,736
Dec 2001012,83016.932.36$30,335
Nov 2001012,89318.072.41$31,014
Oct 2001013,56919.782.53$34,314
Sep 2001011,80324.262.25$26,572
Aug 2001012,53824.873.05$38,281
Jul 2001012,80923.933.20$40,951
Jun 2001012,92424.563.82$49,423
May 2001012,60325.524.31$54,285
Apr 2001012,79424.685.34$68,260
Mar 2001013,55224.545.38$72,862
Feb 2001013,19827.755.77$76,114
Jan 2001012,87627.478.40$108,142
Dec 2000013,65426.889.12$124,559
Nov 2000013,06032.215.66$73,893
Oct 2000013,18431.235.15$67,838
Sep 2000012,75331.875.19$66,143
Aug 2000013,35929.644.54$60,660
Jul 2000012,50128.534.09$51,126
Jun 2000014,13129.304.40$62,138
May 2000012,58527.263.68$46,310
Apr 2000011,82224.513.12$36,837
Mar 2000013,86428.422.86$39,648
Feb 2000011,85427.622.73$32,320
Jan 2000015,49725.272.48$38,440
Dec 1999014,97324.282.42$36,290
Nov 1999018,70023.192.43$45,516
Oct 1999016,55620.982.80$46,418
Sep 1999015,74221.752.62$41,226
Aug 1999012,90519.262.88$37,110
Jul 1999018,24517.892.37$43,284
Jun 1999017,70815.942.36$41,828
May 1999019,86315.792.32$46,102
Apr 1999012,88515.102.21$28,451
Mar 1999016,89512.471.84$31,059
Feb 1999016,7279.981.82$30,406
Jan 1999017,50810.381.90$33,264
Dec 1998019,5999.201.77$34,755
Nov 1998016,68310.892.19$36,464
Oct 1998017,18112.421.97$33,833
Sep 1998018,14412.592.08$37,787
Aug 1998017,80211.301.91$33,955
Jul 1998020,46511.742.24$45,786
Jun 1998022,38711.242.24$50,086
May 1998019,83412.622.21$43,761
Apr 1998020,63113.042.51$51,687
Mar 1998020,53812.802.31$47,431
Feb 1998019,70713.952.30$45,309
Jan 1998024,57314.702.15$52,950
Dec 1997020,49016.322.41$49,403
Nov 1997025,13818.193.09$77,633
Oct 1997027,79419.253.15$87,546
Sep 1997029,86617.742.95$88,250
Aug 1997025,60517.862.55$65,414
Jul 1997032,26017.582.25$72,486
Jun 199718434,75217.242.26$81,614
May 1997033,99118.972.31$78,468
Apr 1997028,58117.882.08$59,528
Mar 199705,60618.951.94$10,871
Feb 199719614,18120.492.21$35,298
Jan 1997015,19223.483.54$53,775
Dec 1996030,50423.32$0
Nov 199619636,14021.97$4,306
Oct 1996042,38523.31$0
Sep 1996033,33122.22$0
Aug 1996039,44720.26$0
Jul 1996054,28419.55$0
Jun 1996050,76718.73$0
May 1996062,17719.43$0
Apr 1996049,09821.51$0
Mar 1996040,41019.38$0
Feb 199619347,14916.98$3,277
Jan 1996056,17217.07$0
Dec 1995053,93917.19$0
Nov 1995076,25416.00$0
Oct 1995199117,29615.43$3,071
Sep 19950130,96516.18$0
Aug 1995198191,96815.92$3,152
Jul 1995199245,88215.24$3,033
Jun 19950016.41$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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,404 Mcf  × $  3.05 =     $4,276

────────────────────────────────────────────────────
Month total                                   $4,276

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/154549 is the state's own key, not one this site invented.