MARTINEZ-RANGEL G.U.

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 173589District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.4 M
Jun 1999 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
324
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 Gas112000-11-13142467
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
CondensateDisposition82 bbl$6,376
GasProduction6,361,692 Mcf$28,411,749
Total$28,418,124

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 27.1161, -99.2995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.11614, -99.29946 · 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
9,950 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 9,950 ft.

Completions filed
Jun 1999
1 of 1 wells

1 well

42-5053391819,950 ftJun 1999

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 (324)

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

324 months

May 202605,085106.413.05$15,488
Apr 202604,85198.932.87$13,921
Mar 202605,22489.753.15$16,453
Feb 202603,61363.503.75$13,550
Jan 202604,81359.138.00$38,494
Dec 202505,08256.664.41$22,429
Nov 202505,03358.593.93$19,762
Oct 202505,21259.383.30$17,225
Sep 202504,46762.743.08$13,745
Aug 202505,18063.933.01$15,616
Jul 202505,10466.743.32$16,921
Jun 202505,13466.483.13$16,063
May 202505,10260.553.23$16,491
Apr 202505,15962.363.54$18,279
Mar 202505,53967.704.27$23,642
Feb 202504,98370.884.34$21,630
Jan 202505,08974.324.28$21,774
Dec 202405,26868.993.12$16,443
Nov 202404,95369.052.20$10,889
Oct 202404,95671.372.28$11,307
Sep 202404,91669.612.36$11,623
Aug 202405,23175.632.06$10,795
Jul 202405,33079.932.15$11,441
Jun 202405,19078.082.63$13,670
May 202405,37678.812.20$11,819
Apr 202405,28684.451.66$8,771
Mar 202405,41080.301.55$8,359
Feb 202405,02276.091.78$8,957
Jan 202405,42973.023.30$17,903
Dec 202305,56471.262.61$14,526
Nov 202304,75077.892.81$13,336
Oct 202305,03585.443.09$15,544
Sep 202305,33489.042.74$14,589
Aug 202305,50280.522.67$14,706
Jul 202305,50974.852.64$14,554
Jun 202305,28468.962.26$11,934
May 202305,57870.622.23$12,424
Apr 202305,46978.122.24$12,238
Mar 202305,70272.852.39$13,646
Feb 202304,92575.112.47$12,143
Jan 202305,57576.533.39$18,887
Dec 202205,53076.415.73$31,682
Nov 202205,74785.005.65$32,449
Oct 202205,84087.185.86$34,244
Sep 202205,45484.888.16$44,525
Aug 202205,50194.529.13$50,209
Jul 202205,695101.587.54$42,952
Jun 202205,441115.097.98$43,404
May 202205,895109.378.43$49,713
Apr 202205,843104.226.84$39,952
Mar 202205,935108.885.08$30,128
Feb 202205,31791.054.86$25,834
Jan 202205,79181.844.54$26,278
Dec 202105,60271.323.90$21,843
Nov 202105,65377.435.24$29,604
Oct 202105,85879.795.71$33,472
Sep 202105,90369.865.35$31,586
Aug 202105,64366.024.22$23,817
Jul 202105,80870.783.98$23,128
Jun 202105,82369.493.38$19,685
May 202106,24063.483.02$18,830
Apr 202105,22960.362.76$14,424
Mar 202106,19961.302.72$16,842
Feb 202105,64157.805.55$31,296
Jan 202106,10650.412.81$17,160
Dec 202006,24944.642.68$16,719
Nov 202006,14338.772.71$16,626
Oct 202006,70136.972.48$16,608
Sep 202006,30737.091.99$12,557
Aug 202006,31139.982.39$15,052
Jul 202006,43638.371.83$11,746
Jun 202006,14734.901.69$10,390
May 202006,53016.921.81$11,850
Apr 202006,25914.751.80$11,294
Mar 202006,74630.341.86$12,522
Feb 202006,17049.881.98$12,221
Jan 202006,67457.252.09$13,980
Dec 201906,79459.012.30$15,656
Nov 201905,82755.302.75$16,028
Oct 201906,54353.472.42$15,825
Sep 201906,52155.052.66$17,328
Aug 201906,78653.112.30$15,637
Jul 201906,56056.272.46$16,138
Jun 201906,32952.782.49$15,767
May 201906,57358.482.74$18,012
Apr 201906,32362.632.75$17,393
Mar 201906,73356.803.06$20,617
Feb 201906,37950.852.79$17,812
Jan 201907,52646.033.23$24,295
Dec 201807,26846.594.19$30,420
Nov 201806,24352.934.24$26,453
Oct 201807,66361.443.40$26,039
Sep 201806,36559.543.11$19,782
Aug 201806,55359.403.07$20,095
Jul 201807,05665.142.93$20,687
Jun 201807,24860.183.08$22,302
May 201807,36065.382.90$21,350
Apr 201807,64963.842.90$22,188
Mar 201807,40361.222.79$20,631
Feb 201806,56061.782.77$18,146
Jan 201807,58262.874.01$30,399
Dec 201707,80157.272.92$22,791
Nov 201708,04655.423.12$25,090
Oct 201707,44449.292.98$22,211
Sep 201707,83947.523.09$24,201
Aug 201708,36345.373.00$25,126
Jul 201708,92643.873.09$27,557
Jun 201706,72342.493.09$20,756
May 201708,23445.373.26$26,871
Apr 201708,05647.933.21$25,873
Mar 201708,33846.772.98$24,878
Feb 201707,58550.452.95$22,395
Jan 201708,26149.413.42$28,243
Dec 201607,46148.763.72$27,776
Nov 201607,35242.492.64$19,441
Oct 201606,22246.193.09$19,228
Sep 201607,26941.553.10$22,538
Aug 201608,38941.442.92$24,532
Jul 201609,12341.622.92$26,679
Jun 201607,49345.352.69$20,125
May 201608,28442.521.99$16,494
Apr 201608,38036.561.99$16,685
Mar 201609,12533.011.79$16,370
Feb 201607,61926.472.06$15,723
Jan 201608,26127.352.36$19,532
Dec 201508,35232.362.00$16,716
Nov 201508,37438.792.17$18,149
Oct 201508,57243.552.43$20,801
Sep 201508,49542.992.76$23,433
Aug 201508,62540.162.87$24,775
Jul 201508,84548.152.95$26,049
Jun 201508,79756.152.88$25,361
May 201508,67655.212.96$25,641
Apr 201509,70549.822.71$26,267
Mar 201508,31442.892.93$24,399
Feb 201509,38044.662.98$27,917
Jan 201509,73643.433.10$30,188
Dec 2014011,21854.693.59$40,288
Nov 201409,10770.464.25$38,722
Oct 201409,49678.303.90$37,044
Sep 201407,32986.164.05$29,649
Aug 201419,47689.394.04$38,326
Jul 201409,60296.564.18$40,133
Jun 201409,10298.164.74$43,115
May 201429,95594.734.73$47,242
Apr 201419,57595.944.81$46,143
Mar 2014010,14695.895.06$51,306
Feb 201418,43697.406.19$52,333
Jan 2014010,05890.404.86$48,889
Dec 2013010,06791.824.35$43,837
Nov 2013111,21688.853.74$42,017
Oct 2013115,75197.423.78$59,626
Sep 201304,556104.113.72$16,938
Aug 201304,115104.253.52$14,496
Jul 201308,717102.523.72$32,408
Jun 201309,63794.403.93$37,906
May 201309,20994.834.15$38,209
Apr 2013010,32193.964.28$44,201
Mar 201309,31593.623.91$36,448
Feb 201308,30091.233.42$28,385
Jan 201309,77391.603.42$33,423
Dec 201209,91086.773.42$33,894
Nov 2012010,23886.953.62$37,112
Oct 2012012,42789.383.40$42,248
Sep 201209,20894.672.92$26,873
Aug 201208,27692.662.91$24,068
Jul 2012010,41385.133.02$31,456
Jun 201208,87779.822.52$22,362
May 2012011,76691.612.49$29,278
Apr 201206,496101.652.00$12,971
Mar 2012210,447105.052.22$23,424
Feb 2012110,399101.102.57$26,829
Jan 2012012,33298.092.73$33,717
Dec 201106,08996.873.24$19,727
Nov 2011111,91295.723.31$39,540
Oct 201109,96884.983.65$36,369
Sep 2011011,09783.623.99$44,230
Aug 2011010,49483.404.15$43,543
Jul 2011111,83494.144.52$53,551
Jun 2011011,18992.904.64$51,916
May 2011112,51198.134.40$55,207
Apr 2011013,001105.964.33$56,337
Mar 201109,01496.364.06$36,573
Feb 201109,57585.644.18$40,023
Jan 2011312,61286.504.59$58,133
Dec 2010012,62785.734.35$54,899
Nov 2010312,05980.843.80$46,010
Oct 2010112,50678.103.51$43,960
Sep 2010112,80072.633.98$51,010
Aug 2010012,03673.684.42$53,191
Jul 2010011,51472.554.74$54,536
Jun 2010511,34770.364.91$56,070
May 2010812,60771.124.24$53,962
Apr 2010412,81281.694.12$53,147
Mar 2010513,08878.394.39$57,831
Feb 2010311,69973.585.44$63,891
Jan 2010412,06074.365.96$72,224
Dec 2009111,24271.445.48$61,720
Nov 2009113,84674.593.75$52,018
Oct 2009312,37572.544.11$51,082
Sep 2009212,74065.543.06$39,176
Aug 2009113,65867.423.22$44,026
Jul 2009213,32361.133.46$46,280
Jun 2009214,16566.163.90$55,305
May 2009315,14354.743.93$59,612
Apr 2009012,50346.773.59$44,855
Mar 2009112,76342.144.06$51,847
Feb 2009112,23532.814.63$56,718
Jan 2009114,78435.865.37$79,441
Dec 2008114,74237.105.98$88,152
Nov 2008114,17255.496.86$97,281
Oct 2008016,08375.246.92$111,326
Sep 2008114,660101.767.88$115,580
Aug 2008015,605114.228.48$132,378
Jul 2008016,546131.0811.39$188,450
Jun 2008013,994131.3313.03$182,379
May 2008016,344123.1711.57$189,170
Apr 2008113,894110.3110.45$145,370
Mar 2008316,293101.909.66$157,762
Feb 2008213,78692.538.77$121,096
Jan 2008217,13690.388.21$140,794
Dec 2007118,13188.337.30$132,480
Nov 2007017,27891.677.29$125,986
Oct 2007113,33282.856.92$92,367
Sep 2007016,93475.846.24$105,739
Aug 2007017,03769.066.39$108,831
Jul 2007017,65170.906.39$112,754
Jun 2007016,62862.007.55$125,516
May 2007017,41858.747.85$136,667
Apr 2007018,37059.617.81$143,382
Mar 2007016,93656.927.30$123,666
Feb 2007014,25555.108.22$117,119
Jan 2007016,86850.306.73$113,469
Dec 2006017,63656.656.92$122,014
Nov 2006018,39454.207.62$140,116
Oct 2006017,32554.906.01$104,189
Sep 2006017,73160.085.04$89,315
Aug 2006119,94468.717.34$146,456
Jul 2006021,47969.376.34$136,236
Jun 2006014,81366.286.38$94,564
May 2006018,85966.016.42$121,169
Apr 2006021,28464.397.36$156,660
Mar 2006014,62956.707.08$103,616
Feb 2006018,10257.597.75$140,311
Jan 2006017,32260.598.93$154,743
Dec 2005020,84354.9413.42$279,617
Nov 2005020,04554.6910.59$212,244
Oct 2005019,60058.3413.80$270,397
Sep 2005020,61461.4512.08$248,997
Aug 2005022,16561.519.80$217,147
Jul 2005021,74255.697.84$170,536
Jun 2005019,03752.337.38$140,513
May 2005019,71745.226.65$131,141
Apr 2005020,46749.207.36$150,647
Mar 2005022,12750.377.15$158,316
Feb 2005021,14545.226.31$133,466
Jan 2005021,82443.166.32$137,976
Dec 2004023,73039.866.75$160,203
Nov 2004023,37845.286.33$147,993
Oct 2004024,39049.706.52$158,903
Sep 2004023,11443.245.28$122,132
Aug 2004024,38442.375.55$135,347
Jul 2004074,83638.286.08$455,316
Jun 2004024,77436.106.43$159,372
May 2004026,14837.486.49$169,820
Apr 2004025,57234.475.86$149,813
Mar 2004025,35934.365.53$140,239
Feb 2004025,27432.455.51$139,250
Jan 2004027,93132.036.30$175,955
Dec 2003028,82430.266.30$181,638
Nov 2003029,50228.804.60$135,566
Oct 2003030,27128.174.76$144,079
Sep 2003030,40026.314.75$144,381
Aug 2003031,85529.765.13$163,407
Jul 2003033,93929.415.17$175,493
Jun 2003034,52928.565.98$206,586
May 2003032,18226.595.97$192,213
Apr 2003031,89726.675.41$172,476
Mar 2003032,47131.146.10$197,945
Feb 2003030,23933.487.93$239,671
Jan 2003036,76530.315.58$205,224
Dec 2002037,22326.914.85$180,672
Nov 2002037,65124.664.14$155,761
Oct 2002037,09926.464.23$156,896
Sep 2002035,93927.443.64$130,645
Aug 2002038,86625.963.16$122,978
Jul 2002036,17024.583.06$110,744
Jun 2002037,86423.733.34$126,399
May 2002040,13424.663.58$143,840
Apr 2002041,33423.653.51$145,178
Mar 2002041,74722.003.10$129,529
Feb 2002039,82918.222.38$94,621
Jan 2002045,71017.172.38$108,592
Dec 2001048,24516.932.36$114,070
Nov 2001046,42118.072.41$111,667
Oct 2001049,73719.782.53$125,779
Sep 2001049,79724.262.25$112,109
Aug 2001053,26924.873.05$162,639
Jul 2001056,17423.933.20$179,593
Jun 2001056,08924.563.82$214,493
May 2001060,10625.524.31$258,896
Apr 2001060,53124.685.34$322,952
Mar 2001063,75924.545.38$342,796
Feb 2001062,07327.755.77$357,980
Jan 2001073,01427.478.40$613,227
Dec 2000077,15326.889.12$703,828
Nov 2000086,26432.215.66$488,082
Oct 2000068,34331.235.15$351,659
Sep 2000066,85931.875.19$346,764
Aug 2000073,65529.644.54$334,449
Jul 2000085,87228.534.09$351,195
Jun 2000085,66329.304.40$376,682
May 2000080,55027.263.68$296,404
Apr 2000094,13824.513.12$293,334
Mar 2000098,53628.422.86$281,788
Feb 2000095,13727.622.73$259,391
Jan 20000105,93325.272.48$262,767
Dec 19990114,78924.282.42$278,216
Nov 19990118,70923.192.43$288,937
Oct 19990138,73620.982.80$388,976
Sep 19990148,56021.752.62$389,056
Aug 19990171,87319.262.88$494,238
Jul 19990181,58617.892.37$430,789
Jun 1999071,42015.942.36$168,701

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                5,085 Mcf  × $  3.05 =    $15,488

────────────────────────────────────────────────────
Month total                                  $15,488

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/173589 is the state's own key, not one this site invented.