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 154700District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.9 M
Jun 1995 – May 2026
Value, last 12 filed months
$289 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 Gas111995-08-23132618
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 bbl$81
GasProduction6,570,265 Mcf$23,919,078
Total$23,919,158

852,673 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 27.1140, -99.3688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.11404, -99.36883 · 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
10,000 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 10,000 ft.

Completions filed
Jun 1995
1 of 1 wells

1 well

42-505333111110,000 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 202605,804106.413.05$17,678
Apr 202605,42898.932.87$15,577
Mar 202605,76489.753.15$18,153
Feb 202605,35063.503.75$20,064
Jan 202606,31759.138.00$50,523
Dec 202507,11256.664.41$31,388
Nov 202506,51958.593.93$25,596
Oct 202507,18359.383.30$23,739
Sep 202506,42162.743.08$19,757
Aug 202507,13563.933.01$21,510
Jul 202507,01166.743.32$23,243
Jun 202506,99266.483.13$21,876
May 202507,09460.553.23$22,930
Apr 202506,12162.363.54$21,687
Mar 202506,27667.704.27$26,788
Feb 202505,86270.884.34$25,446
Jan 202507,13974.324.28$30,546
Dec 202406,68968.993.12$20,879
Nov 202406,38569.052.20$14,037
Oct 202406,44571.372.28$14,704
Sep 202406,31869.612.36$14,938
Aug 202406,29275.632.06$12,984
Jul 202406,49179.932.15$13,934
Jun 202406,45878.082.63$17,010
May 202406,86378.812.20$15,088
Apr 202406,51984.451.66$10,816
Mar 202406,72680.301.55$10,393
Feb 202406,33876.091.78$11,305
Jan 202406,81073.023.30$22,457
Dec 202306,98771.262.61$18,241
Nov 202307,05977.892.81$19,819
Oct 202307,33785.443.09$22,651
Sep 202307,23489.042.74$19,785
Aug 202307,71780.522.67$20,627
Jul 202307,08674.852.64$18,720
Jun 202306,44768.962.26$14,560
May 202306,65270.622.23$14,817
Apr 202307,55778.122.24$16,911
Mar 202308,00872.852.39$19,164
Feb 202307,19075.112.47$17,728
Jan 202307,91176.533.39$26,800
Dec 202208,12176.415.73$46,526
Nov 202207,82985.005.65$44,204
Oct 202208,11487.185.86$47,579
Sep 202207,95484.888.16$64,934
Aug 202208,51394.529.13$77,700
Jul 202208,282101.587.54$62,464
Jun 202207,971115.097.98$63,586
May 202208,502109.378.43$71,698
Apr 202208,752104.226.84$59,843
Mar 202209,266108.885.08$47,038
Feb 202207,51891.054.86$36,529
Jan 202207,98381.844.54$36,224
Dec 202107,80571.323.90$30,433
Nov 202107,29177.435.24$38,182
Oct 202108,05379.795.71$46,014
Sep 202106,66869.865.35$35,680
Aug 202106,76066.024.22$28,531
Jul 202106,79570.783.98$27,058
Jun 202106,57069.493.38$22,211
May 202107,13463.483.02$21,528
Apr 202107,07260.362.76$19,508
Mar 202107,78561.302.72$21,151
Feb 202107,42357.805.55$41,182
Jan 202108,33050.412.81$23,410
Dec 202008,36644.642.68$22,383
Nov 202008,12338.772.71$21,985
Oct 202008,83336.972.48$21,892
Sep 202008,23337.091.99$16,392
Aug 202008,46039.982.39$20,178
Jul 202008,75838.371.83$15,984
Jun 202008,49634.901.69$14,361
May 202008,84916.921.81$16,059
Apr 202008,83814.751.80$15,947
Mar 202008,40630.341.86$15,603
Feb 202008,33949.881.98$16,517
Jan 202009,28057.252.09$19,439
Dec 201909,38159.012.30$21,617
Nov 201909,14955.302.75$25,166
Oct 201909,70253.472.42$23,465
Sep 201909,22555.052.66$24,513
Aug 2019010,21953.112.30$23,548
Jul 2019010,21956.272.46$25,139
Jun 2019010,26652.782.49$25,575
May 201909,91558.482.74$27,170
Apr 201907,92862.632.75$21,808
Mar 201909,12756.803.06$27,948
Feb 201908,14950.852.79$22,754
Jan 201908,67146.033.23$27,992
Dec 201809,28846.594.19$38,874
Nov 201809,10552.934.24$38,580
Oct 201809,48961.443.40$32,244
Sep 201809,14759.543.11$28,429
Aug 201808,79759.403.07$26,977
Jul 201808,62165.142.93$25,276
Jun 201808,36560.183.08$25,738
May 201808,83265.382.90$25,620
Apr 201808,51063.842.90$24,686
Mar 201808,58361.222.79$23,919
Feb 201808,00461.782.77$22,140
Jan 201808,65762.874.01$34,709
Dec 201709,03857.272.92$26,405
Nov 201709,19855.423.12$28,683
Oct 201709,38849.292.98$28,011
Sep 201708,83947.523.09$27,288
Aug 201708,79445.373.00$26,421
Jul 201708,75743.873.09$27,035
Jun 201708,62642.493.09$26,631
May 201708,94045.373.26$29,175
Apr 201709,02547.933.21$28,985
Mar 201709,31546.772.98$27,793
Feb 201708,79250.452.95$25,959
Jan 201709,05749.413.42$30,964
Dec 201609,07248.763.72$33,774
Nov 201609,03042.492.64$23,878
Oct 201609,64146.193.09$29,793
Sep 201609,48141.553.10$29,397
Aug 201609,60241.442.92$28,080
Jul 201609,29741.622.92$27,188
Jun 201609,12245.352.69$24,500
May 2016010,03342.521.99$19,976
Apr 201609,27536.561.99$18,467
Mar 201609,69733.011.79$17,397
Feb 201608,05326.472.06$16,618
Jan 201608,71727.352.36$20,610
Dec 201508,48932.362.00$16,990
Nov 201508,04038.792.17$17,425
Oct 201508,86243.552.43$21,504
Sep 201508,45142.992.76$23,311
Aug 201508,88340.162.87$25,516
Jul 201505,89348.152.95$17,355
Jun 201504,67256.152.88$13,469
May 201506,51955.212.96$19,267
Apr 201504,49749.822.71$12,171
Mar 201506,56042.892.93$19,252
Feb 2015010,36544.662.98$30,848
Jan 2015011,79043.433.10$36,556
Dec 2014010,49954.693.59$37,706
Nov 2014010,14670.464.25$43,139
Oct 2014010,35378.303.90$40,387
Sep 2014010,41486.164.05$42,129
Aug 2014010,57289.394.04$42,659
Jul 2014010,83696.564.18$45,290
Jun 201409,38098.164.74$44,432
May 2014010,52494.734.73$49,742
Apr 2014010,46595.944.81$50,327
Mar 2014010,67495.895.06$53,976
Feb 201409,40197.406.19$58,211
Jan 2014010,52790.404.86$51,169
Dec 2013010,71591.824.35$46,658
Nov 2013010,58888.853.74$39,581
Oct 2013010,36497.423.78$39,169
Sep 201309,899104.113.72$36,802
Aug 2013010,381104.253.52$36,568
Jul 2013010,568102.523.72$39,289
Jun 2013011,05894.403.93$43,496
May 2013010,66294.834.15$44,237
Apr 2013010,53293.964.28$45,104
Mar 2013010,26393.623.91$40,158
Feb 2013010,14891.233.42$34,705
Jan 2013010,32191.603.42$35,297
Dec 2012010,46286.773.42$35,782
Nov 2012010,50386.953.62$38,073
Oct 2012012,25489.383.40$41,660
Sep 2012013,31794.672.92$38,864
Aug 2012011,24492.662.91$32,699
Jul 2012011,08185.133.02$33,473
Jun 2012011,64379.822.52$29,329
May 2012011,83691.612.49$29,452
Apr 2012010,158101.652.00$20,283
Mar 2012011,821105.052.22$26,267
Feb 2012010,667101.102.57$27,417
Jan 2012011,70398.092.73$31,997
Dec 2011011,97796.873.24$38,802
Nov 2011012,42095.723.31$41,126
Oct 2011011,87284.983.65$43,315
Sep 2011010,72583.623.99$42,748
Aug 2011011,73983.404.15$48,709
Jul 2011011,81594.144.52$53,371
Jun 2011013,45492.904.64$62,425
May 201109,34598.134.40$41,163
Apr 2011011,744105.964.33$50,890
Mar 2011013,10996.364.06$53,188
Feb 2011011,58485.644.18$48,421
Jan 2011014,22886.504.59$65,289
Dec 2010012,76685.734.35$55,503
Nov 201013,19180.843.80$12,192
Oct 201006,02478.103.51$21,138
Sep 2010010,64172.633.98$42,346
Aug 2010014,40273.684.42$63,648
Jul 2010012,91672.554.74$61,177
Jun 2010013,56170.364.91$66,590
May 2010014,21471.124.24$60,199
Apr 2010013,58881.694.12$56,019
Mar 2010014,49078.394.39$63,592
Feb 2010012,74973.585.44$69,385
Jan 2010014,00374.365.96$83,515
Dec 2009013,87071.445.48$76,060
Nov 2009013,13074.593.75$49,257
Oct 2009014,74372.544.11$60,597
Sep 2009014,75265.543.06$45,211
Aug 2009014,69967.423.22$47,309
Jul 2009014,85161.133.46$51,451
Jun 2009012,55566.163.90$48,902
May 2009014,35654.743.93$56,358
Apr 2009014,20546.773.59$50,960
Mar 2009015,56442.144.06$63,174
Feb 2009010,25732.814.63$47,521
Jan 2009014,26635.865.37$76,623
Dec 2008015,51637.105.98$92,741
Nov 2008014,71655.496.86$100,957
Oct 2008015,68575.246.92$108,571
Sep 2008014,628101.767.88$115,226
Aug 2008016,255114.228.48$137,891
Jul 2008017,501131.0811.39$199,326
Jun 200808,949131.3313.03$116,629
May 2008012,684123.1711.57$146,808
Apr 2008015,255110.3110.45$159,489
Mar 2008014,698101.909.66$142,043
Feb 2008012,82492.538.77$112,474
Jan 2008015,63790.388.21$128,313
Dec 2007016,93188.337.30$123,630
Nov 2007016,25391.677.29$118,512
Oct 2007016,88282.856.92$116,857
Sep 2007012,79875.846.24$79,913
Aug 2007016,84369.066.39$107,592
Jul 2007016,01570.906.39$102,303
Jun 2007015,22562.007.55$114,925
May 2007015,81958.747.85$124,120
Apr 2007016,26059.617.81$126,913
Mar 2007017,18656.927.30$125,492
Feb 2007015,89255.108.22$130,569
Jan 2007017,82450.306.73$119,899
Dec 2006018,72956.656.92$129,575
Nov 2006017,04454.207.62$129,832
Oct 2006020,72754.906.01$124,648
Sep 2006015,94060.085.04$80,293
Aug 2006016,59368.717.34$121,791
Jul 2006019,05669.376.34$120,868
Jun 2006020,22066.286.38$129,082
May 2006018,47966.016.42$118,728
Apr 2006020,28364.397.36$149,293
Mar 2006017,78256.707.08$125,948
Feb 2006017,16257.597.75$133,025
Jan 2006019,42460.598.93$173,521
Dec 2005018,48654.9413.42$247,997
Nov 2005018,30554.6910.59$193,821
Oct 2005019,41658.3413.80$267,858
Sep 2005019,58761.4512.08$236,591
Aug 2005018,94361.519.80$185,582
Jul 2005019,75055.697.84$154,912
Jun 2005018,78552.337.38$138,653
May 2005020,00145.226.65$133,030
Apr 2005020,36749.207.36$149,911
Mar 2005020,68750.377.15$148,013
Feb 2005018,49945.226.31$116,764
Jan 2005020,85843.166.32$131,868
Dec 2004021,08839.866.75$142,367
Nov 2004020,33045.286.33$128,697
Oct 2004021,38049.706.52$139,293
Sep 2004021,50043.245.28$113,604
Aug 2004019,21342.375.55$106,645
Jul 2004021,15538.286.08$128,711
Jun 2004020,90136.106.43$134,457
May 2004021,60637.486.49$140,322
Apr 2004018,89034.475.86$110,666
Mar 2004021,81334.365.53$120,629
Feb 2004019,25932.455.51$106,110
Jan 2004023,12532.036.30$145,679
Dec 2003023,49330.266.30$148,044
Nov 2003022,90628.804.60$105,257
Oct 2003023,35628.174.76$111,166
Sep 2003023,98826.314.75$113,928
Aug 2003024,12529.765.13$123,755
Jul 2003025,45429.415.17$131,619
Jun 2003025,46428.565.98$152,350
May 2003027,39326.595.97$163,610
Apr 2003026,67526.675.41$144,239
Mar 2003028,80131.146.10$175,572
Feb 2003027,57133.487.93$218,524
Jan 2003030,72030.315.58$171,480
Dec 2002022,58726.914.85$109,632
Nov 2002020,37324.664.14$84,282
Oct 2002020,60826.464.23$87,154
Sep 2002022,24227.443.64$80,854
Aug 2002021,84025.963.16$69,105
Jul 2002024,18224.583.06$74,039
Jun 2002021,54423.733.34$71,919
May 2002023,64224.663.58$84,733
Apr 20020023.653.51$0
Mar 2002023,05422.003.10$71,530
Feb 2002020,67418.222.38$49,115
Jan 2002022,89317.172.38$54,386
Dec 2001024,56616.932.36$58,084
Nov 2001024,30618.072.41$58,469
Oct 2001025,77319.782.53$65,177
Sep 2001023,35324.262.25$52,575
Aug 2001024,63324.873.05$75,208
Jul 2001025,34123.933.20$81,017
Jun 2001025,59524.563.82$97,879
May 2001026,93025.524.31$115,996
Apr 2001026,17724.685.34$139,663
Mar 2001027,95324.545.38$150,288
Feb 2001024,76827.755.77$142,839
Jan 2001025,54927.478.40$214,580
Dec 2000027,88726.889.12$254,399
Nov 2000027,48432.215.66$155,504
Oct 2000027,26631.235.15$140,297
Sep 2000026,53331.875.19$137,613
Aug 2000028,47229.644.54$129,284
Jul 2000025,50828.534.09$104,321
Jun 2000026,54429.304.40$116,721
May 2000028,96827.263.68$106,595
Apr 2000029,02024.513.12$90,426
Mar 2000030,05228.422.86$85,941
Feb 2000028,94727.622.73$78,924
Jan 2000032,56925.272.48$80,787
Dec 1999031,49624.282.42$76,337
Nov 1999033,41523.192.43$81,332
Oct 1999034,21620.982.80$95,932
Sep 1999033,15321.752.62$86,823
Aug 1999033,13319.262.88$95,277
Jul 1999035,87417.892.37$85,106
Jun 1999033,86015.942.36$79,981
May 1999034,61715.792.32$80,347
Apr 1999036,05815.102.21$79,618
Mar 1999037,31812.471.84$68,603
Feb 1999035,3679.981.82$64,290
Jan 1999040,13910.381.90$76,262
Dec 1998039,7819.201.77$70,544
Nov 1998037,23510.892.19$81,385
Oct 1998040,16312.421.97$79,089
Sep 1998040,67312.592.08$84,706
Aug 1998040,76111.301.91$77,745
Jul 1998043,75211.742.24$97,885
Jun 1998043,10711.242.24$96,442
May 1998046,18812.622.21$101,906
Apr 1998045,70013.042.51$114,494
Mar 1998050,67512.802.31$117,031
Feb 1998046,79113.952.30$107,579
Jan 1998053,45514.702.15$115,184
Dec 1997053,82916.322.41$129,787
Nov 1997052,09218.193.09$160,874
Oct 1997051,64219.253.15$162,663
Sep 1997050,30717.742.95$148,651
Aug 1997054,83317.862.55$140,084
Jul 1997058,43417.582.25$131,298
Jun 1997049,94017.242.26$112,725
May 1997040,53818.972.31$93,582
Apr 1997035,96517.882.08$74,907
Mar 1997046,43918.951.94$90,052
Feb 1997038,45020.492.21$84,817
Jan 1997033,29623.483.54$117,858
Dec 1996031,48723.32$0
Nov 1996033,59121.97$0
Oct 1996036,51223.31$0
Sep 1996030,34522.22$0
Aug 1996036,90420.26$0
Jul 1996042,72219.55$0
Jun 1996036,11018.73$0
May 1996041,86419.43$0
Apr 1996042,06121.51$0
Mar 1996043,51119.38$0
Feb 1996046,67716.98$0
Jan 1996051,08017.07$0
Dec 1995054,37117.19$0
Nov 1995061,47316.00$0
Oct 1995067,26615.43$0
Sep 1995075,10516.18$0
Aug 19950101,03115.92$0
Jul 1995020,56315.24$0
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                5,804 Mcf  × $  3.05 =    $17,678

────────────────────────────────────────────────────
Month total                                  $17,678

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/154700 is the state's own key, not one this site invented.