MARTIN, J. C. III

Operated by ROSETTA RESOURCES OPERATING LP (P-5 728883) in the CERRITO CREEK (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164807District 04Field 167243002 tax incentive programmesCondensateGasSaveExport
Value, all time
$467 k
Sep 1997 – Aug 2012
Value, last 12 filed months
$101
at the published price for each month
Months reported
180
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 58 leases and 58 wells, and the rule below applies to all of them.

Discovered
2008-05-29
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 20 acres. The field rule took effect on 2008-05-29.

The Commission's schedule remark for this field reads: HORIZONTAL WELLS. ALLOCATION FORMULA SUSPENDED.

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 Gas111997-11-03137481
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
CondensateDisposition428 bbl$10,827
GasProduction120,834 Mcf$455,844
Total$466,671

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 27.4031, -99.3241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40307, -99.32408 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,318 ft
1 wells filed one
Completion to plug
14.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,318 ft.

Completions filed
Sep 1997
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936734179,318 ftSep 1997Aug 2012Yes

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 (180)

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

180 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201210101.102.57$101
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111086.504.59$87
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20102072.633.98$145
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201016070.364.91$1,126
May 20101071.124.24$71
Apr 20101081.694.12$82
Mar 20101078.394.39$78
Feb 20100073.585.44$0
Jan 201001874.365.96$107
Dec 20091071.445.48$71
Nov 20092074.593.75$149
Oct 20093072.544.11$218
Sep 20092065.543.06$131
Aug 20092167.423.22$138
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006031766.286.38$2,024
May 2006050466.016.42$3,238
Apr 2006069464.397.36$5,108
Mar 20063394256.707.08$8,543
Feb 2006085757.597.75$6,643
Jan 2006071460.598.93$6,378
Dec 200501,05754.9413.42$14,180
Nov 2005024154.6910.59$2,552
Oct 2005026658.3413.80$3,670
Sep 2005022061.4512.08$2,657
Aug 2005022461.519.80$2,194
Jul 2005023755.697.84$1,859
Jun 2005017752.337.38$1,306
May 2005025445.226.65$1,689
Apr 2005027949.207.36$2,054
Mar 2005027250.377.15$1,946
Feb 2005024945.226.31$1,572
Jan 2005026643.166.32$1,682
Dec 2004028639.866.75$1,931
Nov 2004035845.286.33$2,266
Oct 2004037349.706.52$2,430
Sep 2004056543.245.28$2,985
Aug 2004032742.375.55$1,815
Jul 2004042838.286.08$2,604
Jun 2004042636.106.43$2,740
May 2004039237.486.49$2,546
Apr 2004044634.475.86$2,613
Mar 2004015434.365.53$852
Feb 2004044832.455.51$2,468
Jan 2004019032.036.30$1,197
Dec 2003070830.266.30$4,462
Nov 2003089228.804.60$4,099
Oct 2003095828.174.76$4,560
Sep 2003059826.314.75$2,840
Aug 2003079129.765.13$4,058
Jul 2003028829.415.17$1,489
Jun 2003049128.565.98$2,938
May 2003044026.595.97$2,628
Apr 2003056426.675.41$3,050
Mar 2003032131.146.10$1,957
Feb 2003054533.487.93$4,320
Jan 2003016630.315.58$927
Dec 2002099426.914.85$4,825
Nov 200201,30824.664.14$5,411
Oct 200202,24226.464.23$9,482
Sep 2002083427.443.64$3,032
Aug 200202,77025.963.16$8,765
Jul 200205,57224.583.06$17,060
Jun 20021047,41223.733.34$27,211
May 200208,57824.663.58$30,744
Apr 2002018,99923.653.51$66,731
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19997309.981.82$729
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998031311.242.24$700
May 1998088012.622.21$1,942
Apr 199801,30613.042.51$3,272
Mar 199802,36412.802.31$5,460
Feb 199802,17413.952.30$4,998
Jan 199802,47114.702.15$5,324
Dec 199704,59116.322.41$11,069
Nov 19971857,32218.193.09$25,977
Oct 1997023,18719.253.15$73,035
Sep 199708,57317.742.95$25,332

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.

Feb 2012 — as filed, then multipliedworked
Condensate             1 bbl  × $101.10 =       $101
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                     $101

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/164807 is the state's own key, not one this site invented.