MARTINEZ, E. T.

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 157859District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Feb 1996 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
364
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 Gas112001-08-21144591
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
CondensateDisposition2,354 bbl$54,496
GasProduction4,708,659 Mcf$12,389,843
Total$12,444,338

1,094,251 Mcf of this lease's gas, across 11 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 27.2896, -99.3825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28959, -99.38252 · 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
8,450 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 8,450 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-5053338768,450 ftFeb 1996

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 (364)

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

364 months

May 202601,486106.413.05$4,526
Apr 202601,46698.932.87$4,207
Mar 202601,56889.753.15$4,938
Feb 202601,34163.503.75$5,029
Jan 202601,51959.138.00$12,149
Dec 202501,49656.664.41$6,602
Nov 202501,44758.593.93$5,682
Oct 202501,57559.383.30$5,205
Sep 202501,44862.743.08$4,455
Aug 202501,49763.933.01$4,513
Jul 202501,66666.743.32$5,523
Jun 202501,56366.483.13$4,890
May 202501,45860.553.23$4,713
Apr 202501,65562.363.54$5,864
Mar 202501,65767.704.27$7,073
Feb 202501,45170.884.34$6,299
Jan 202501,58274.324.28$6,769
Dec 202401,65968.993.12$5,178
Nov 202401,39269.052.20$3,060
Oct 202401,77271.372.28$4,043
Sep 202401,42469.612.36$3,367
Aug 202401,69675.632.06$3,500
Jul 202401,63079.932.15$3,499
Jun 202401,68678.082.63$4,441
May 202401,43078.812.20$3,144
Apr 202401,40184.451.66$2,325
Mar 202401,34080.301.55$2,070
Feb 202401,30976.091.78$2,335
Jan 202401,24673.023.30$4,109
Dec 202301,11571.262.61$2,911
Nov 202301,40577.892.81$3,945
Oct 202301,42385.443.09$4,393
Sep 202301,45789.042.74$3,985
Aug 202301,53280.522.67$4,095
Jul 202301,52574.852.64$4,029
Jun 202301,53268.962.26$3,460
May 202301,39870.622.23$3,114
Apr 202301,60078.122.24$3,580
Mar 202301,69072.852.39$4,044
Feb 202301,49575.112.47$3,686
Jan 202301,60376.533.39$5,431
Dec 202201,66976.415.73$9,562
Nov 202201,55385.005.65$8,769
Oct 202201,64487.185.86$9,640
Sep 202201,59884.888.16$13,046
Aug 202201,64594.529.13$15,014
Jul 202201,649101.587.54$12,437
Jun 202201,549115.097.98$12,357
May 202201,831109.378.43$15,441
Apr 202201,693104.226.84$11,576
Mar 202201,962108.885.08$9,960
Feb 2022091691.054.86$4,451
Jan 202201,52581.844.54$6,920
Dec 202101,62071.323.90$6,317
Nov 202101,43777.435.24$7,525
Oct 202101,44479.795.71$8,251
Sep 202101,43869.865.35$7,695
Aug 202101,36866.024.22$5,774
Jul 202101,60670.783.98$6,395
Jun 202101,42669.493.38$4,821
May 202101,60263.483.02$4,834
Apr 202101,41060.362.76$3,889
Mar 202101,64361.302.72$4,464
Feb 202101,36857.805.55$7,590
Jan 202101,75450.412.81$4,929
Dec 202001,34644.642.68$3,601
Nov 202001,55038.772.71$4,195
Oct 202001,79336.972.48$4,444
Sep 2020064237.091.99$1,278
Aug 202001,60339.982.39$3,823
Jul 202001,49538.371.83$2,729
Jun 202001,67234.901.69$2,826
May 202001,71316.921.81$3,109
Apr 202001,65014.751.80$2,977
Mar 202001,76830.341.86$3,282
Feb 202001,42449.881.98$2,820
Jan 202001,58257.252.09$3,314
Dec 201901,69059.012.30$3,894
Nov 201901,69955.302.75$4,673
Oct 201901,71053.472.42$4,136
Sep 201901,77055.052.66$4,703
Aug 201901,60153.112.30$3,689
Jul 201901,55356.272.46$3,820
Jun 201901,43852.782.49$3,582
May 201901,61558.482.74$4,426
Apr 201901,41662.632.75$3,895
Mar 201901,70056.803.06$5,206
Feb 201901,53050.852.79$4,272
Jan 201901,80346.033.23$5,820
Dec 201801,68746.594.19$7,061
Nov 201801,78252.934.24$7,551
Oct 201801,75861.443.40$5,974
Sep 201801,65659.543.11$5,147
Aug 201801,84159.403.07$5,646
Jul 201801,74365.142.93$5,110
Jun 201801,09460.183.08$3,366
May 201801,80265.382.90$5,227
Apr 201801,88163.842.90$5,456
Mar 201801,93461.222.79$5,390
Feb 201801,46461.782.77$4,050
Jan 201802,76862.874.01$11,098
Dec 201702,16557.272.92$6,325
Nov 201701,88455.423.12$5,875
Oct 201701,91249.292.98$5,705
Sep 201701,89247.523.09$5,841
Aug 201701,88145.373.00$5,651
Jul 201701,79843.873.09$5,551
Jun 201701,91842.493.09$5,921
May 201702,18345.373.26$7,124
Apr 201701,76947.933.21$5,681
Mar 201712,11546.772.98$6,357
Feb 201702,23350.452.95$6,593
Jan 201702,43149.413.42$8,311
Dec 201632,70748.763.72$10,224
Nov 201602,54042.492.64$6,717
Oct 201602,65646.193.09$8,208
Sep 201602,51941.553.10$7,810
Aug 201602,51141.442.92$7,343
Jul 201602,56841.622.92$7,510
Jun 201602,48945.352.69$6,685
May 201602,98742.521.99$5,947
Apr 201603,03536.561.99$6,043
Mar 201603,37933.011.79$6,062
Feb 201601,99526.472.06$4,117
Jan 201602,72827.352.36$6,450
Dec 201502,73332.362.00$5,470
Nov 201502,29638.792.17$4,976
Oct 201503,06243.552.43$7,430
Sep 201503,03642.992.76$8,375
Aug 201503,23440.162.87$9,290
Jul 201503,06848.152.95$9,036
Jun 201503,10656.152.88$8,954
May 201503,59555.212.96$10,625
Apr 201502,91849.822.71$7,898
Mar 201502,74542.892.93$8,056
Feb 201502,99944.662.98$8,926
Jan 201502,78243.433.10$8,626
Dec 201402,65954.693.59$9,549
Nov 201403,00070.464.25$12,756
Oct 201403,01978.303.90$11,777
Sep 201402,57086.164.05$10,397
Aug 201403,02689.394.04$12,210
Jul 201402,94296.564.18$12,296
Jun 201403,02498.164.74$14,324
May 201402,95194.734.73$13,948
Apr 201402,98495.944.81$14,350
Mar 201403,26395.895.06$16,500
Feb 201402,86997.406.19$17,765
Jan 201402,89990.404.86$14,091
Dec 201303,63191.824.35$15,811
Nov 201303,29788.853.74$12,325
Oct 201393,42797.423.78$13,829
Sep 201303,312104.113.72$12,313
Aug 201303,424104.253.52$12,061
Jul 201303,779102.523.72$14,049
Jun 201303,84994.403.93$15,140
May 201304,32994.834.15$17,961
Apr 201302,76693.964.28$11,846
Mar 201303,23493.623.91$12,654
Feb 201303,52891.233.42$12,065
Jan 201303,46891.603.42$11,860
Dec 201202,97786.773.42$10,182
Nov 201203,72286.953.62$13,492
Oct 201204,07589.383.40$13,854
Sep 201203,18894.672.92$9,304
Aug 201204,53792.662.91$13,194
Jul 201203,20985.133.02$9,694
Jun 201204,03879.822.52$10,172
May 201203,47691.612.49$8,649
Apr 201203,490101.652.00$6,969
Mar 201202,658105.052.22$5,906
Feb 201202,637101.102.57$6,778
Jan 201203,20898.092.73$8,771
Dec 201104,27496.873.24$13,847
Nov 201103,56895.723.31$11,815
Oct 201104,40284.983.65$16,061
Sep 201103,95283.623.99$15,752
Aug 201103,81083.404.15$15,809
Jul 201104,45594.144.52$20,124
Jun 201104,92592.904.64$22,851
May 201104,00198.134.40$17,624
Apr 201103,723105.964.33$16,133
Mar 201104,65696.364.06$18,891
Feb 201104,66585.644.18$19,500
Jan 201102,41086.504.59$11,059
Dec 201003,85785.734.35$16,769
Nov 201003,70980.843.80$14,077
Oct 201003,86878.103.51$13,572
Sep 201003,51372.633.98$13,980
Aug 201002,43673.684.42$10,766
Jul 201004,40772.554.74$20,874
Jun 201003,83670.364.91$18,836
May 201004,66371.124.24$19,749
Apr 201004,67781.694.12$19,282
Mar 201004,02678.394.39$17,669
Feb 201004,09073.585.44$22,259
Jan 201004,72574.365.96$28,180
Dec 200904,15671.445.48$22,790
Nov 200904,46474.593.75$16,747
Oct 200904,56972.544.11$18,780
Sep 200904,80065.543.06$14,711
Aug 200904,25767.423.22$13,701
Jul 200904,59061.133.46$15,902
Jun 200904,81166.163.90$18,739
May 200904,88054.743.93$19,158
Apr 200903,68046.773.59$13,202
Mar 200903,56242.144.06$14,458
Feb 200903,93732.814.63$18,240
Jan 200904,96335.865.37$26,656
Dec 200805,04237.105.98$30,137
Nov 200805,02355.496.86$34,460
Oct 200805,09275.246.92$35,247
Sep 200804,902101.767.88$38,614
Aug 200805,406114.228.48$45,859
Jul 200804,718131.0811.39$53,735
Jun 200804,670131.3313.03$60,862
May 200805,013123.1711.57$58,022
Apr 200804,888110.3110.45$51,103
Mar 200805,025101.909.66$48,562
Feb 200805,06892.538.77$44,449
Jan 200804,62390.388.21$37,935
Dec 200705,40788.337.30$39,482
Nov 200705,39191.677.29$39,310
Oct 200704,85482.856.92$33,599
Sep 200706,07875.846.24$37,952
Aug 200705,75669.066.39$36,769
Jul 200706,08870.906.39$38,890
Jun 200705,29762.007.55$39,984
May 200705,57858.747.85$43,767
Apr 200705,63959.617.81$44,014
Mar 200706,26256.927.30$45,725
Feb 200706,16055.108.22$50,611
Jan 200706,44150.306.73$43,328
Dec 200606,63756.656.92$45,918
Nov 200605,66254.207.62$43,130
Oct 200607,52554.906.01$45,254
Sep 200606,84760.085.04$34,490
Aug 200609,27168.717.34$68,048
Jul 200604,88869.376.34$31,003
Jun 200605,13766.286.38$32,794
May 200608,43466.016.42$54,188
Apr 200607,73864.397.36$56,955
Mar 200609,65156.707.08$68,357
Feb 200604,80857.597.75$37,267
Jan 200603,01560.598.93$26,934
Dec 2005134,68754.9413.42$63,592
Nov 200503,78954.6910.59$40,119
Oct 200524058.3413.80$1,400
Sep 20050061.4512.08$0
Aug 2005533,19761.519.80$34,581
Jul 200508,02255.697.84$62,922
Jun 200501,42452.337.38$10,511
May 200502,26945.226.65$15,091
Apr 200505,03249.207.36$37,038
Mar 200507,74250.377.15$55,393
Feb 200507,08445.226.31$44,714
Jan 200508,52143.166.32$53,871
Dec 200409,15639.866.75$61,813
Nov 200408,46945.286.33$53,612
Oct 200408,34149.706.52$54,342
Sep 200405,46743.245.28$28,887
Aug 2004435,01942.375.55$29,681
Jul 200407,76338.286.08$47,231
Jun 200408,65636.106.43$55,684
May 200409,26037.486.49$60,140
Apr 200409,53934.475.86$55,884
Mar 2004010,10634.365.53$55,888
Feb 200409,74132.455.51$53,669
Jan 2004010,53832.036.30$66,386
Dec 200309,39830.266.30$59,223
Nov 2003365,99328.804.60$28,576
Oct 20034210,04428.174.76$48,989
Sep 200309,92826.314.75$47,152
Aug 2003477,64729.765.13$40,626
Jul 2003010,78029.415.17$55,742
Jun 2003010,04228.565.98$60,081
May 20035611,19026.595.97$68,323
Apr 2003010,33026.675.41$55,857
Mar 2003589,25031.146.10$58,194
Feb 2003010,72733.487.93$85,021
Jan 20033812,67930.315.58$71,926
Dec 20023410,36626.914.85$51,229
Nov 2002012,25424.664.14$50,694
Oct 20027611,11826.464.23$49,030
Sep 2002010,63027.443.64$38,642
Aug 2002011,45925.963.16$36,258
Jul 2002011,69324.583.06$35,801
Jun 2002012,99423.733.34$43,377
May 20025013,15424.663.58$48,377
Apr 2002011,16523.653.51$39,215
Mar 2002011,74222.003.10$36,432
Feb 2002011,41818.222.38$27,126
Jan 2002013,28117.172.38$31,551
Dec 2001014,68116.932.36$34,712
Nov 2001014,68818.072.41$35,332
Oct 2001015,07419.782.53$38,120
Sep 2001015,47724.262.25$34,844
Aug 2001014,70024.873.05$44,881
Jul 2001014,92023.933.20$47,700
Jun 2001013,16024.563.82$50,326
May 2001013,71625.524.31$59,079
Apr 2001016,44924.685.34$87,761
Mar 2001018,49324.545.38$99,427
Feb 2001014,57127.755.77$84,032
Jan 2001021,43427.478.40$180,019
Dec 20007118,30226.889.12$168,868
Nov 2000021,06232.215.66$119,169
Oct 2000024,11231.235.15$124,068
Sep 2000021,87131.875.19$113,434
Aug 2000023,41629.644.54$106,326
Jul 2000021,70328.534.09$88,760
Jun 2000020,08929.304.40$88,336
May 2000022,34427.263.68$82,220
Apr 2000023,64324.513.12$73,672
Mar 2000026,78028.422.86$76,584
Feb 2000025,56927.622.73$69,714
Jan 2000028,67125.272.48$71,118
Dec 199913331,91124.282.42$80,573
Nov 1999029,00423.192.43$70,595
Oct 1999029,89020.982.80$83,803
Sep 1999030,25921.752.62$79,244
Aug 1999030,86019.262.88$88,741
Jul 19999732,86217.892.37$79,696
Jun 1999033,27115.942.36$78,589
May 1999036,78015.792.32$85,367
Apr 1999037,41315.102.21$82,610
Mar 1999040,94212.471.84$75,265
Feb 1999039,0429.981.82$70,970
Jan 19998444,87510.381.90$86,132
Dec 1998046,5279.201.77$82,507
Nov 1998047,32410.892.19$103,437
Oct 1998052,91212.421.97$104,195
Sep 1998051,64412.592.08$107,555
Aug 19989957,11411.301.91$110,055
Jul 1998058,20611.742.24$130,223
Jun 1998032,21211.242.24$72,067
May 1998039,52012.622.21$87,195
Apr 1998043,39413.042.51$108,716
Mar 19986046,32112.802.31$107,744
Feb 1998047,51213.952.30$109,236
Jan 1998056,63114.702.15$122,028
Dec 1997061,56716.322.41$148,444
Nov 19978762,31118.193.09$194,015
Oct 1997068,28819.253.15$215,095
Sep 1997074,86017.742.95$221,202
Aug 19979685,06917.862.55$219,044
Jul 1997093,73217.582.25$210,610
Jun 19978889,18617.242.26$202,828
May 1997095,96418.972.31$221,533
Apr 199711090,89817.882.08$191,287
Mar 1997097,15718.951.94$188,401
Feb 19979990,31920.492.21$201,263
Jan 19970104,75923.483.54$370,815
Dec 1996114101,16923.32$2,658
Nov 1996093,95921.97$0
Oct 199611196,07723.31$2,587
Sep 1996099,98122.22$0
Aug 1996132109,75220.26$2,674
Jul 1996140113,67919.55$2,737
Jun 1996102100,65818.73$1,910
May 199690119,41619.43$1,749
Apr 199658128,12521.51$1,248
Mar 19960127,74319.38$0
Feb 199603,69216.98$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                1,486 Mcf  × $  3.05 =     $4,526

────────────────────────────────────────────────────
Month total                                   $4,526

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/157859 is the state's own key, not one this site invented.