MARTIN, S J

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) 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 166087District 04Field 167243002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.1 M
Nov 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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 Gas111998-03-17138126
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
CondensateDisposition21,757 bbl$498,084
GasProduction3,967,917 Mcf$12,628,434
Total$13,126,518

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 27.3819, -99.3318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38191, -99.33181 · 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
10,154 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 10,154 ft.

Completions filed
Nov 1997
1 of 1 wells

1 well

42-47936796110,154 ftNov 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 (343)

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

343 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 20255074.324.28$372
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 20230368.962.26$7
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023020276.533.39$684
Dec 202201,46776.415.73$8,405
Nov 2022092085.005.65$5,195
Oct 202201,96587.185.86$11,522
Sep 2022014684.888.16$1,192
Aug 20220094.529.13$0
Jul 202201,369101.587.54$10,325
Jun 202201,660115.097.98$13,242
May 202201,700109.378.43$14,336
Apr 2022762,177104.226.84$22,806
Mar 202201,101108.885.08$5,589
Feb 2022097591.054.86$4,737
Jan 2022092181.844.54$4,179
Dec 202101,11971.323.90$4,363
Nov 2021020777.435.24$1,084
Oct 202101,03579.795.71$5,914
Sep 202104569.865.35$241
Aug 2021042966.024.22$1,811
Jul 202101,47170.783.98$5,858
Jun 202101,39269.493.38$4,706
May 202101,31063.483.02$3,953
Apr 202101,47260.362.76$4,060
Mar 2021054361.302.72$1,475
Feb 202101,64257.805.55$9,110
Jan 202101,33050.412.81$3,738
Dec 202001,08744.642.68$2,908
Nov 202002,08038.772.71$5,630
Oct 202002,18436.972.48$5,413
Sep 202002,25337.091.99$4,486
Aug 202001,86039.982.39$4,436
Jul 202002,12138.371.83$3,871
Jun 202002,39134.901.69$4,042
May 202002,69316.921.81$4,887
Apr 20201451,81014.751.80$5,405
Mar 202002,46830.341.86$4,581
Feb 202002,32649.881.98$4,607
Jan 202002,40857.252.09$5,044
Dec 201901,73959.012.30$4,007
Nov 201901,41255.302.75$3,884
Oct 201902,04553.472.42$4,946
Sep 201902,58355.052.66$6,864
Aug 201902,72253.112.30$6,272
Jul 201902,24256.272.46$5,515
Jun 201902,16752.782.49$5,398
May 201902,10658.482.74$5,771
Apr 201902,33562.632.75$6,423
Mar 201903,22256.803.06$9,866
Feb 201901,75950.852.79$4,912
Jan 201903,73946.033.23$12,070
Dec 201801,74046.594.19$7,283
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018094159.543.11$2,925
Aug 201801,86659.403.07$5,722
Jul 201802,56565.142.93$7,520
Jun 201802,12260.183.08$6,529
May 20181592,53165.382.90$17,737
Apr 201802,51263.842.90$7,287
Mar 201802,63761.222.79$7,349
Feb 201802,60161.782.77$7,195
Jan 201803,03062.874.01$12,148
Dec 201702,49957.272.92$7,301
Nov 201702,73555.423.12$8,529
Oct 201703,08349.292.98$9,199
Sep 201702,84247.523.09$8,774
Aug 201701,79045.373.00$5,378
Jul 201701,23343.873.09$3,807
Jun 201702,79642.493.09$8,632
May 201702,64145.373.26$8,619
Apr 201702,91747.933.21$9,368
Mar 201702,42746.772.98$7,241
Feb 201702,72550.452.95$8,046
Jan 201702,46549.413.42$8,427
Dec 201602,98648.763.72$11,116
Nov 201603,06542.492.64$8,105
Oct 201603,17346.193.09$9,805
Sep 20161532,99741.553.10$15,650
Aug 201603,00141.442.92$8,776
Jul 201603,37941.622.92$9,881
Jun 201602,75045.352.69$7,386
May 201603,75742.521.99$7,480
Apr 201604,25636.561.99$8,474
Mar 201602,67333.011.79$4,795
Feb 201601,74226.472.06$3,595
Jan 201602,00427.352.36$4,738
Dec 201501,92932.362.00$3,861
Nov 201501,59638.792.17$3,459
Oct 201502,62243.552.43$6,362
Sep 201503,14442.992.76$8,672
Aug 201503,29440.162.87$9,462
Jul 20151804,30248.152.95$21,337
Jun 201503,76856.152.88$10,863
May 201504,01655.212.96$11,869
Apr 201504,00549.822.71$10,840
Mar 201504,16442.892.93$12,220
Feb 201503,81644.662.98$11,357
Jan 201504,20843.433.10$13,047
Dec 201404,26454.693.59$15,314
Nov 201404,25270.464.25$18,079
Oct 201404,00178.303.90$15,608
Sep 201403,29986.164.05$13,346
Aug 201403,07489.394.04$12,404
Jul 201403,06096.564.18$12,790
Jun 201402,67798.164.74$12,681
May 201402,77794.734.73$13,126
Apr 20141513,22195.944.81$29,977
Mar 201402,32095.895.06$11,732
Feb 201402,02797.406.19$12,551
Jan 201402,59590.404.86$12,614
Dec 201302,53491.824.35$11,034
Nov 201302,89488.853.74$10,819
Oct 201303,29597.423.78$12,453
Sep 201302,893104.113.72$10,755
Aug 201303,008104.253.52$10,596
Jul 201303,336102.523.72$12,402
Jun 201303,51294.403.93$13,814
May 20131543,76094.834.15$30,204
Apr 201303,09993.964.28$13,272
Mar 201303,19793.623.91$12,509
Feb 201302,90191.233.42$9,921
Jan 201302,32491.603.42$7,948
Dec 201202,54586.773.42$8,704
Nov 201203,11186.953.62$11,277
Oct 201203,40189.383.40$11,562
Sep 201203,45594.672.92$10,083
Aug 201203,53892.662.91$10,289
Jul 201203,84685.133.02$11,618
Jun 20121483,53579.822.52$20,718
May 201203,57691.612.49$8,898
Apr 201203,428101.652.00$6,845
Mar 201203,535105.052.22$7,855
Feb 2012135101.102.57$191
Jan 2012085398.092.73$2,332
Dec 201102,73396.873.24$8,854
Nov 201103,47695.723.31$11,510
Oct 201103,48484.983.65$12,712
Sep 201103,10983.623.99$12,392
Aug 201103,87083.404.15$16,058
Jul 201103,97194.144.52$17,938
Jun 20111483,35792.904.64$29,325
May 201101,96298.134.40$8,642
Apr 201103,551105.964.33$15,387
Mar 201103,93396.364.06$15,958
Feb 201103,25385.644.18$13,597
Jan 201103,63086.504.59$16,657
Dec 201003,68585.734.35$16,021
Nov 201003,60680.843.80$13,686
Oct 201003,85478.103.51$13,523
Sep 201003,64272.633.98$14,493
Aug 20101353,81673.684.42$26,811
Jul 201004,32572.554.74$20,485
Jun 201034,11570.364.91$20,417
May 201034,40071.124.24$18,848
Apr 201004,29881.694.12$17,719
Mar 201004,17878.394.39$18,336
Feb 201003,78673.585.44$20,605
Jan 201003,62174.365.96$21,596
Dec 20091594,03771.445.48$33,497
Nov 200904,28074.593.75$16,056
Oct 200903,96672.544.11$16,301
Sep 200904,42365.543.06$13,555
Aug 200904,46067.423.22$14,355
Jul 200904,68961.133.46$16,245
Jun 200904,57366.163.90$17,812
May 200904,31854.743.93$16,951
Apr 200903,61746.773.59$12,976
Mar 200904,01142.144.06$16,281
Feb 20091433,67732.814.63$21,727
Jan 200904,08435.865.37$21,935
Dec 200804,00637.105.98$23,944
Nov 200803,82455.496.86$26,234
Oct 200804,02575.246.92$27,861
Sep 200804,035101.767.88$31,784
Aug 200804,378114.228.48$37,139
Jul 200804,263131.0811.39$48,553
Jun 20081614,153131.3313.03$75,269
May 200804,440123.1711.57$51,390
Apr 200803,559110.3110.45$37,209
Mar 200804,204101.909.66$40,628
Feb 200804,36492.538.77$38,275
Jan 200804,74590.388.21$38,936
Dec 200704,49488.337.30$32,815
Nov 200704,40491.677.29$32,113
Oct 20071705,01982.856.92$48,826
Sep 200704,40475.846.24$27,499
Aug 200704,67569.066.39$29,864
Jul 200705,12070.906.39$32,706
Jun 200704,35062.007.55$32,836
May 200705,23658.747.85$41,083
Apr 200705,13259.617.81$40,056
Mar 20071055,18756.927.30$43,852
Feb 200704,51755.108.22$37,112
Jan 200705,23350.306.73$35,202
Dec 20061795,48656.656.92$48,095
Nov 200605,08854.207.62$38,758
Oct 200604,93254.906.01$29,660
Sep 200603,74660.085.04$18,869
Aug 200604,50968.717.34$33,096
Jul 200604,46869.376.34$28,339
Jun 20061765,38766.286.38$46,055
May 200605,98266.016.42$38,434
Apr 200605,91664.397.36$43,545
Mar 200606,29556.707.08$44,587
Feb 200605,44257.597.75$42,182
Jan 200606,76460.598.93$60,425
Dec 20051746,59054.9413.42$97,967
Nov 200506,45054.6910.59$68,295
Oct 200505,28158.3413.80$72,855
Sep 200505,72661.4512.08$69,164
Aug 200506,12361.519.80$59,986
Jul 20051786,76955.697.84$63,006
Jun 200506,06652.337.38$44,773
May 200505,04845.226.65$33,575
Apr 200504,16349.207.36$30,642
Mar 200506,80850.377.15$48,710
Feb 200506,51145.226.31$41,097
Jan 200508,07043.166.32$51,020
Dec 200409,57239.866.75$64,621
Nov 200403,32845.286.33$21,068
Oct 200408,58649.706.52$55,939
Sep 200408,60843.245.28$45,484
Aug 200408,68442.375.55$48,202
Jul 20041748,13538.286.08$56,156
Jun 200401,16836.106.43$7,514
May 200408,24437.486.49$53,541
Apr 200408,35834.475.86$48,965
Mar 200408,17034.365.53$45,181
Feb 200408,27232.455.51$45,576
Jan 200409,87432.036.30$62,203
Dec 200306,51930.266.30$41,080
Nov 20031429,54928.804.60$47,969
Oct 2003010,86128.174.76$51,694
Sep 200309,45726.314.75$44,915
Aug 200308,57729.765.13$43,998
Jul 200307,66429.415.17$39,629
Jun 20031707,09528.565.98$47,304
May 200307,49226.595.97$44,747
Apr 200307,53826.675.41$40,760
Mar 200309,00631.146.10$54,901
Feb 200306,47433.487.93$51,312
Jan 200309,49430.315.58$52,996
Dec 2002529,60226.914.85$48,005
Nov 200208,03924.664.14$33,257
Oct 2002010,99926.464.23$46,516
Sep 20021789,96727.443.64$41,116
Aug 2002010,58025.963.16$33,477
Jul 2002011,38324.583.06$34,852
Jun 2002011,24823.733.34$37,549
May 2002212,37324.663.58$44,394
Apr 200216715,06823.653.51$56,873
Mar 2002011,43622.003.10$35,483
Feb 2002014,06818.222.38$33,421
Jan 2002015,58917.172.38$37,034
Dec 200117914,04616.932.36$36,241
Nov 2001014,40118.072.41$34,642
Oct 2001116,50819.782.53$41,767
Sep 200117615,24224.262.25$38,584
Aug 2001016,90024.873.05$51,598
Jul 200117019,72623.933.20$67,134
Jun 2001022,15824.563.82$84,736
May 200118022,59425.524.31$101,913
Apr 2001011,29524.685.34$60,262
Mar 200104,82624.545.38$25,947
Feb 200102,67327.755.77$15,415
Jan 200108,46727.478.40$71,112
Dec 200016822,47726.889.12$209,562
Nov 200017220,82632.215.66$123,374
Oct 2000022,83431.235.15$117,492
Sep 200017021,67131.875.19$117,815
Aug 2000024,33329.644.54$110,490
Jul 2000025,30628.534.09$103,495
Jun 200016825,70329.304.40$117,945
May 2000027,45327.263.68$101,020
Apr 200015929,72524.513.12$96,520
Mar 200016231,61628.422.86$95,018
Feb 200017337,65027.622.73$107,431
Jan 200016134,45925.272.48$89,544
Dec 199934735,13124.282.42$93,573
Nov 1999041,94023.192.43$102,082
Oct 1999039,10920.982.80$109,650
Sep 199917650,34521.752.62$135,674
Aug 199917537,31719.262.88$110,679
Jul 199935140,49317.892.37$102,344
Jun 199917543,06615.942.36$104,516
May 199917948,94215.792.32$116,422
Apr 199935852,31115.102.21$120,911
Mar 199934952,46312.471.84$100,796
Feb 199917346,4919.981.82$86,237
Jan 199953658,83310.381.90$117,343
Dec 199854167,7889.201.77$125,187
Nov 199835074,27710.892.19$166,160
Oct 199850684,54212.421.97$172,765
Sep 199851289,89512.592.08$193,663
Aug 1998509102,63011.301.91$201,503
Jul 1998700117,44511.742.24$270,974
Jun 1998697131,21911.242.24$301,407
May 19981,035161,96412.622.21$370,409
Apr 19981,226190,94113.042.51$494,357
Mar 19981,603208,44912.802.31$501,919
Feb 19981,631197,81013.952.30$477,543
Jan 19981,996248,76114.702.15$565,369
Dec 19971,802218,53616.322.41$556,321
Nov 199701,20018.193.09$3,706

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.

Jan 2025 — as filed, then multipliedworked
Condensate             5 bbl  × $ 74.32 =       $372
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                     $372

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/166087 is the state's own key, not one this site invented.