MARTINEZ -B-

Operated by NOBLE ENERGY INC (P-5 611665) in the RINCON, NORTH (VICKSBURG 6700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164856District 04Field 767235632 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Sep 1997 – Oct 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1977-12-15
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 1978-03-13.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/90.

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 Gas112000-02-01141164
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
CondensateDisposition2,750 bbl$40,659
GasProduction702,943 Mcf$2,004,483
Total$2,045,142

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 26.6028, -98.5536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.60283, -98.55362 · 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
7,415 ft
1 wells filed one
Completion to plug
5.3 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 7,415 ft.

Completions filed
Jun 2000
1 of 1 wells
Plug dates filed
Oct 2005
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-42733003507,415 ftJun 2000Oct 2005Yes

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 (98)

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

98 months

Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004510332.455.51$730
Jan 2004161,52532.036.30$10,119
Dec 2003611,71930.266.30$12,678
Nov 2003392,69028.804.60$13,484
Oct 200381,82228.174.76$8,897
Sep 2003131,70026.314.75$8,416
Aug 200381,55229.765.13$8,199
Jul 200371,91429.415.17$10,103
Jun 2003131,62228.565.98$10,076
May 200391,76726.595.97$10,793
Apr 2003121,43026.675.41$8,052
Mar 200381,72931.146.10$10,789
Feb 200391,75133.487.93$14,180
Jan 2003122,17330.315.58$12,493
Dec 200281,41326.914.85$7,074
Nov 2002141,84124.664.14$7,961
Oct 2002203,60126.464.23$15,758
Sep 200262,10527.443.64$7,817
Aug 2002123,41225.963.16$11,108
Jul 200272,97224.583.06$9,272
Jun 2002102,96023.733.34$10,118
May 2002132,73424.663.58$10,119
Apr 2002102,53823.653.51$9,151
Mar 2002152,85622.003.10$9,191
Feb 200202,98218.222.38$7,084
Jan 200202,95617.172.38$7,023
Dec 200145,59716.932.36$13,301
Nov 200121,42218.072.41$3,457
Oct 200192,13019.782.53$5,565
Sep 200141,07924.262.25$2,526
Aug 200193,01224.873.05$9,420
Jul 2001123,32223.933.20$10,908
Jun 2001324,20624.563.82$16,870
May 2001164,66625.524.31$20,506
Apr 200174,24224.685.34$22,805
Mar 200161,12024.545.38$6,169
Feb 2001102,59527.755.77$15,243
Jan 2001155,07727.478.40$43,053
Dec 2000116,04026.889.12$55,396
Nov 200073,88732.215.66$22,218
Oct 200026,50331.235.15$33,524
Sep 200088,37731.875.19$43,702
Aug 200069,87629.644.54$45,022
Jul 2000111,42228.534.09$46,742
Jun 200007,52529.304.40$33,089
May 20000027.263.68$0
Apr 20002024.513.12$49
Mar 200034,86028.422.86$13,984
Feb 200055,38427.622.73$14,818
Jan 200016,55725.272.48$16,290
Dec 199916,57024.282.42$15,948
Nov 199937,45623.192.43$18,217
Oct 199945,64120.982.80$15,900
Sep 199956,23721.752.62$16,443
Aug 199955,88419.262.88$17,016
Jul 199956,51517.892.37$15,545
Jun 199986,70415.942.36$15,963
May 1999166,59215.792.32$15,553
Apr 1999408,61315.102.21$19,622
Mar 19994013,43612.471.84$25,199
Feb 19993313,6799.981.82$25,195
Jan 19995416,73410.381.90$32,354
Dec 199819710,4769.201.77$20,390
Nov 19982798,21210.892.19$20,987
Oct 199853412,68412.421.97$31,610
Sep 199833415,11812.592.08$35,690
Aug 199829317,15711.301.91$36,035
Jul 199818322,25611.742.24$51,941
Jun 19989124,60811.242.24$56,078
May 1998829,24012.622.21$64,614
Apr 19981232,48713.042.51$81,547
Mar 19981137,30412.802.31$86,292
Feb 19981240,44013.952.30$93,144
Jan 19981847,83914.702.15$103,348
Dec 19971856,36216.322.41$136,188
Nov 19972852,70218.193.09$163,267
Oct 19971125,83919.253.15$81,600
Sep 199701,39217.742.95$4,113

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 2004 — as filed, then multipliedworked
Condensate             5 bbl  × $ 32.45 =       $162
Gas                  103 Mcf  × $  5.51 =       $567

────────────────────────────────────────────────────
Month total                                     $730

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/164856 is the state's own key, not one this site invented.