MARTINEZ, FELIPE 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 163972District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.6 M
May 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
349
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 Gas111998-02-03137871
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
CondensateDisposition1,982 bbl$41,499
GasProduction4,289,919 Mcf$16,583,757
Total$16,625,256

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 27.0275, -99.3430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02751, -99.34298 · 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
8,950 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 8,950 ft.

Completions filed
May 1997
1 of 1 wells

1 well

42-5053355818,950 ftMay 1997

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 (349)

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

349 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 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017079545.373.26$2,594
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201502,27356.152.88$6,553
May 201504,51855.212.96$13,353
Apr 201502,88649.822.71$7,811
Mar 201503,59242.892.93$10,541
Feb 201503,85744.662.98$11,479
Jan 201504,41443.433.10$13,686
Dec 201404,10154.693.59$14,728
Nov 201402,27070.464.25$9,652
Oct 201402,16478.303.90$8,442
Sep 201402,29986.164.05$9,300
Aug 201404,01389.394.04$16,193
Jul 201404,09796.564.18$17,124
Jun 201403,64698.164.74$17,271
May 201404,53494.734.73$21,430
Apr 201403,73195.944.81$17,943
Mar 201402,61895.895.06$13,239
Feb 201403,57797.406.19$22,149
Jan 201404,09490.404.86$19,900
Dec 201303,96291.824.35$17,252
Nov 201304,16888.853.74$15,581
Oct 201304,48697.423.78$16,954
Sep 201304,254104.113.72$15,815
Aug 201304,519104.253.52$15,919
Jul 201304,549102.523.72$16,912
Jun 201304,40594.403.93$17,327
May 201304,52194.834.15$18,758
Apr 201304,51693.964.28$19,340
Mar 201304,27093.623.91$16,708
Feb 201304,15891.233.42$14,220
Jan 201304,39991.603.42$15,044
Dec 201204,33286.773.42$14,816
Nov 201204,23886.953.62$15,363
Oct 201204,43689.383.40$15,081
Sep 201204,58194.672.92$13,369
Aug 201205,08892.662.91$14,797
Jul 201205,18085.133.02$15,648
Jun 201205,01879.822.52$12,641
May 201205,15491.612.49$12,825
Apr 201204,731101.652.00$9,447
Mar 201205,550105.052.22$12,333
Feb 201205,166101.102.57$13,278
Jan 201205,92498.092.73$16,197
Dec 201103,10196.873.24$10,046
Nov 201104,89195.723.31$16,195
Oct 201104,90884.983.65$17,907
Sep 201104,43883.623.99$17,689
Aug 201104,66583.404.15$19,357
Jul 201105,28794.144.52$23,883
Jun 201105,13192.904.64$23,807
May 201105,42798.134.40$23,905
Apr 201105,201105.964.33$22,537
Mar 201105,59296.364.06$22,689
Feb 201104,29885.644.18$17,966
Jan 201105,45086.504.59$25,009
Dec 201005,54185.734.35$24,091
Nov 201005,55580.843.80$21,083
Oct 201005,92878.103.51$20,801
Sep 201006,02872.633.98$23,988
Aug 201006,28073.684.42$27,754
Jul 201004,23172.554.74$20,040
Jun 201004,25770.364.91$20,904
May 201006,11071.124.24$25,877
Apr 201006,27381.694.12$25,862
Mar 201006,56978.394.39$28,829
Feb 201003,49373.585.44$19,010
Jan 201004,98574.365.96$29,731
Dec 200905,52471.445.48$30,292
Nov 200905,77274.593.75$21,654
Oct 200904,26272.544.11$17,518
Sep 200905,15365.543.06$15,793
Aug 200905,42367.423.22$17,454
Jul 200905,97961.133.46$20,714
Jun 200905,67366.163.90$22,096
May 200905,53754.743.93$21,737
Apr 200905,58446.773.59$20,033
Mar 200906,26142.144.06$25,413
Feb 200905,39732.814.63$25,004
Jan 200906,12535.865.37$32,897
Dec 200806,36137.105.98$38,021
Nov 200806,89355.496.86$47,288
Oct 200806,70175.246.92$46,384
Sep 200806,006101.767.88$47,310
Aug 200805,931114.228.48$50,313
Jul 200806,523131.0811.39$74,293
Jun 200806,847131.3313.03$89,234
May 200807,252123.1711.57$83,937
Apr 200807,424110.3110.45$77,617
Mar 200808,306101.909.66$80,270
Feb 200808,08892.538.77$70,936
Jan 200808,03990.388.21$65,966
Dec 200708,06388.337.30$58,876
Nov 200707,46191.677.29$54,403
Oct 200709,12182.856.92$63,135
Sep 200706,36975.846.24$39,769
Aug 200708,30269.066.39$53,033
Jul 200708,37470.906.39$53,493
Jun 200708,06862.007.55$60,901
May 200708,75858.747.85$68,718
Apr 200708,43459.617.81$65,829
Mar 200709,04956.927.30$66,076
Feb 200709,11255.108.22$74,864
Jan 200708,07750.306.73$54,333
Dec 2006010,09456.656.92$69,835
Nov 200609,36354.207.62$71,322
Oct 2006011,02454.906.01$66,296
Sep 200604060.085.04$201
Aug 200609,96368.717.34$73,128
Jul 2006010,85969.376.34$68,876
Jun 200609,43166.286.38$60,206
May 2006010,71766.016.42$68,857
Apr 2006010,39564.397.36$76,512
Mar 2006010,58256.707.08$74,951
Feb 200609,90957.597.75$76,806
Jan 2006011,42960.598.93$102,099
Dec 2005010,63854.9413.42$142,713
Nov 2005011,46854.6910.59$121,428
Oct 200509,73558.3413.80$134,302
Sep 2005011,05961.4512.08$133,582
Aug 2005012,41261.519.80$121,598
Jul 2005013,61655.697.84$106,799
Jun 20052512,67652.337.38$94,870
May 2005012,19345.226.65$81,098
Apr 2005012,12649.207.36$89,253
Mar 2005012,84950.377.15$91,933
Feb 2005011,97945.226.31$75,610
Jan 2005013,43443.166.32$84,932
Dec 2004013,43439.866.75$90,694
Nov 2004013,01645.286.33$82,397
Oct 2004014,41749.706.52$93,928
Sep 2004014,41843.245.28$76,183
Aug 2004015,01842.375.55$83,360
Jul 2004014,66838.286.08$89,243
Jun 2004014,70536.106.43$94,598
May 2004015,66537.486.49$101,738
Apr 2004015,89934.475.86$93,144
Mar 2004016,48234.365.53$91,148
Feb 2004015,61732.455.51$86,044
Jan 2004017,91832.036.30$112,877
Dec 20031919,56230.266.30$123,848
Nov 2003010,72228.804.60$49,269
Oct 20030028.174.76$0
Sep 200308,07326.314.75$38,342
Aug 2003017,84529.765.13$91,540
Jul 2003017,84629.415.17$92,279
Jun 2003017,87128.565.98$106,921
May 2003018,42726.595.97$110,059
Apr 2003018,75526.675.41$101,414
Mar 2003020,03931.146.10$122,159
Feb 2003017,31933.487.93$137,268
Jan 20031120,14430.315.58$112,778
Dec 2002020,55226.914.85$99,754
Nov 2002016,47224.664.14$68,144
Oct 20021318,05026.464.23$76,680
Sep 2002021,07627.443.64$76,615
Aug 20021322,97025.963.16$73,018
Jul 2002025,44524.583.06$77,906
Jun 20021422,27523.733.34$74,692
May 2002023,68124.663.58$84,873
Apr 20021222,91723.653.51$80,776
Mar 20021225,84222.003.10$80,444
Feb 2002024,44518.222.38$58,074
Jan 20021128,17417.172.38$67,121
Dec 2001026,69016.932.36$63,106
Nov 2001026,45318.072.41$63,633
Oct 2001027,71019.782.53$70,075
Sep 2001028,28024.262.25$63,667
Aug 2001030,07724.873.05$91,830
Jul 2001432,80223.933.20$104,966
Jun 20011333,29324.563.82$127,637
May 20011134,90825.524.31$150,641
Apr 2001035,84624.685.34$191,250
Mar 20011840,98824.545.38$220,811
Feb 20011039,88427.755.77$230,292
Jan 2001041,26727.478.40$346,592
Dec 20001443,73426.889.12$399,340
Nov 20003035,82532.215.66$203,664
Oct 20002936,99931.235.15$191,284
Sep 20005836,09931.875.19$189,076
Aug 20003036,74329.644.54$167,730
Jul 20003340,48528.534.09$166,515
Jun 20006136,60329.304.40$162,740
May 20002936,83827.263.68$136,345
Apr 20008239,81624.513.12$126,076
Mar 20002442,69628.422.86$122,782
Feb 200012040,15927.622.73$112,808
Jan 20003547,75125.272.48$119,331
Dec 19997351,14224.282.42$125,726
Nov 199911448,72823.192.43$121,247
Oct 19998351,73120.982.80$146,780
Sep 19996452,18921.752.62$138,067
Aug 19993455,06619.262.88$159,003
Jul 19991460,35417.892.37$143,432
Jun 19993553,33615.942.36$126,543
May 19991155,17415.792.32$128,234
Apr 1999056,50615.102.21$124,768
Mar 1999059,85312.471.84$110,030
Feb 1999854,6629.981.82$99,444
Jan 19991759,89310.381.90$113,970
Dec 19982858,8789.201.77$104,667
Nov 19982261,50910.892.19$134,681
Oct 19982560,14212.421.97$118,743
Sep 19982745,25312.592.08$94,585
Aug 19983266,92011.301.91$128,001
Jul 19985567,16211.742.24$150,905
Jun 19988465,50711.242.24$147,501
May 19984071,02012.622.21$157,199
Apr 199811071,24913.042.51$179,937
Mar 19982981,66312.802.31$188,967
Feb 19987568,41313.952.30$158,337
Jan 19984388,45714.702.15$191,238
Dec 19973795,64916.322.41$231,223
Nov 19978593,57218.193.09$290,521
Oct 1997106100,96519.253.15$320,062
Sep 1997088,52217.742.95$261,572
Aug 1997099,28217.862.55$253,640
Jul 1997028,45417.582.25$63,934
Jun 19970017.242.26$0
May 19970018.972.31$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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 45.37 =         $0
Gas                  795 Mcf  × $  3.26 =     $2,594

────────────────────────────────────────────────────
Month total                                   $2,594

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/163972 is the state's own key, not one this site invented.