MARTIN, J. C.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175790District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.1 M
Jan 2000 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
317
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 719 leases and 719 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
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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112000-06-07141845
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
CondensateDisposition8 bbl$509
GasProduction6,494,111 Mcf$28,083,180
Total$28,083,689

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 27.1252, -99.3569. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12518, -99.35690 · 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
9,774 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 9,774 ft.

Completions filed
Jan 2000
1 of 1 wells

1 well

42-50534036169,774 ftJan 2000

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 (317)

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

317 months

May 20260803106.413.05$2,446
Apr 2026072298.932.87$2,072
Mar 2026078489.753.15$2,469
Feb 2026092263.503.75$3,458
Jan 2026098759.138.00$7,894
Dec 202502,25856.664.41$9,965
Nov 202522,61958.593.93$10,401
Oct 202501,84359.383.30$6,091
Sep 202502,90962.743.08$8,951
Aug 202503,42663.933.01$10,329
Jul 202503,34666.743.32$11,093
Jun 202502,94166.483.13$9,202
May 202503,25860.553.23$10,531
Apr 202503,45162.363.54$12,227
Mar 202503,80967.704.27$16,258
Feb 202513,61370.884.34$15,754
Jan 202501,66974.324.28$7,141
Dec 202404,22968.993.12$13,200
Nov 202403,88969.052.20$8,550
Oct 202404,70071.372.28$10,723
Sep 202404,45069.612.36$10,521
Aug 202404,24175.632.06$8,752
Jul 202403,91579.932.15$8,404
Jun 202414,00278.082.63$10,619
May 202403,65578.812.20$8,035
Apr 202402,93984.451.66$4,876
Mar 202402,43780.301.55$3,765
Feb 202402,40176.091.78$4,283
Jan 202402,24373.023.30$7,397
Dec 202302,54971.262.61$6,655
Nov 202302,49677.892.81$7,008
Oct 202302,69985.443.09$8,333
Sep 202302,77189.042.74$7,579
Aug 202302,76480.522.67$7,388
Jul 202303,03874.852.64$8,026
Jun 202303,01368.962.26$6,805
May 202303,14870.622.23$7,012
Apr 202303,19978.122.24$7,159
Mar 202313,73672.852.39$9,014
Feb 202303,35075.112.47$8,260
Jan 202303,21276.533.39$10,881
Dec 202203,44376.415.73$19,725
Nov 202203,54785.005.65$20,027
Oct 202203,60387.185.86$21,127
Sep 202203,53084.888.16$28,818
Aug 202204,17994.529.13$38,142
Jul 202204,126101.587.54$31,119
Jun 202203,981115.097.98$31,757
May 202204,276109.378.43$36,060
Apr 202204,025104.226.84$27,521
Mar 202204,094108.885.08$20,783
Feb 202203,64491.054.86$17,706
Jan 202204,47781.844.54$20,315
Dec 202104,56371.323.90$17,792
Nov 202104,09077.435.24$21,419
Oct 202104,29979.795.71$24,564
Sep 202104,33269.865.35$23,180
Aug 202104,28866.024.22$18,098
Jul 202103,92970.783.98$15,646
Jun 202103,15469.493.38$10,662
May 202103,55663.483.02$10,731
Apr 202103,53760.362.76$9,757
Mar 202103,95461.302.72$10,743
Feb 202103,32657.805.55$18,452
Jan 202104,09750.412.81$11,514
Dec 202004,35444.642.68$11,649
Nov 202004,13338.772.71$11,186
Oct 202004,53936.972.48$11,250
Sep 202004,64437.091.99$9,246
Aug 202004,86739.982.39$11,608
Jul 202004,96138.371.83$9,054
Jun 202004,86834.901.69$8,228
May 202005,03316.921.81$9,134
Apr 202004,95914.751.80$8,948
Mar 202005,10830.341.86$9,482
Feb 202004,75549.881.98$9,418
Jan 202005,16257.252.09$10,813
Dec 201905,21859.012.30$12,024
Nov 201905,01255.302.75$13,787
Oct 201905,32653.472.42$12,881
Sep 201925,11055.052.66$13,689
Aug 201905,52853.112.30$12,739
Jul 201905,66356.272.46$13,931
Jun 201905,48152.782.49$13,654
May 201904,31458.482.74$11,822
Apr 201904,40162.632.75$12,106
Mar 201904,40156.803.06$13,476
Feb 201904,34050.852.79$12,118
Jan 201905,55446.033.23$17,929
Dec 201805,48746.594.19$22,966
Nov 201804,07552.934.24$17,267
Oct 201804,11361.443.40$13,976
Sep 201804,02959.543.11$12,522
Aug 201804,49259.403.07$13,775
Jul 201804,55065.142.93$13,340
Jun 201814,71660.183.08$14,571
May 201805,31165.382.90$15,406
Apr 201805,35663.842.90$15,537
Mar 201805,54361.222.79$15,447
Feb 201805,09661.782.77$14,096
Jan 201805,18562.874.01$20,788
Dec 201705,53557.272.92$16,171
Nov 201705,05155.423.12$15,751
Oct 201705,63049.292.98$16,798
Sep 201705,73947.523.09$17,718
Aug 201704,03045.373.00$12,108
Jul 201705,61543.873.09$17,335
Jun 201705,41542.493.09$16,718
May 201705,68345.373.26$18,546
Apr 201705,75747.933.21$18,489
Mar 201705,09346.772.98$15,196
Feb 201705,25650.452.95$15,519
Jan 201705,86949.413.42$20,065
Dec 201605,42648.763.72$20,200
Nov 201605,31842.492.64$14,063
Oct 201605,58346.193.09$17,253
Sep 201605,74141.553.10$17,801
Aug 201605,09541.442.92$14,900
Jul 201606,24041.622.92$18,248
Jun 201607,05245.352.69$18,940
May 201606,74142.521.99$13,422
Apr 201606,61336.561.99$13,167
Mar 201606,76533.011.79$12,136
Feb 201605,56826.472.06$11,490
Jan 201606,18027.352.36$14,612
Dec 201505,67632.362.00$11,360
Nov 201505,82638.792.17$12,627
Oct 201506,16643.552.43$14,962
Sep 201505,87842.992.76$16,214
Aug 201505,51640.162.87$15,845
Jul 201505,43248.152.95$15,998
Jun 201505,23656.152.88$15,095
May 201506,92155.212.96$20,455
Apr 201505,96349.822.71$16,139
Mar 201505,16642.892.93$15,161
Feb 201505,51744.662.98$16,420
Jan 201505,23043.433.10$16,216
Dec 201406,81654.693.59$24,479
Nov 201406,67070.464.25$28,360
Oct 201405,78678.303.90$22,571
Sep 201406,33786.164.05$25,636
Aug 201406,94489.394.04$28,020
Jul 201406,94796.564.18$29,036
Jun 201406,32698.164.74$29,966
May 201407,24694.734.73$34,249
Apr 201407,10895.944.81$34,183
Mar 201406,98795.895.06$35,332
Feb 201406,78297.406.19$41,994
Jan 201407,15490.404.86$34,774
Dec 201307,35891.824.35$32,040
Nov 201307,06288.853.74$26,400
Oct 201307,39297.423.78$27,937
Sep 201306,863104.113.72$25,515
Aug 201307,715104.253.52$27,177
Jul 201307,795102.523.72$28,980
Jun 201306,57594.403.93$25,862
May 201307,16294.834.15$29,716
Apr 201307,25193.964.28$31,053
Mar 201306,03493.623.91$23,610
Feb 201307,15391.233.42$24,463
Jan 201305,82491.603.42$19,918
Dec 201208,16286.773.42$27,915
Nov 201207,92386.953.62$28,721
Oct 201205,39789.383.40$18,348
Sep 201205,72894.672.92$16,717
Aug 201207,78592.662.91$22,640
Jul 201208,11985.133.02$24,526
Jun 201207,08879.822.52$17,855
May 201207,97091.612.49$19,832
Apr 201207,799101.652.00$15,573
Mar 201207,088105.052.22$15,750
Feb 201207,692101.102.57$19,770
Jan 201208,65298.092.73$23,655
Dec 201108,61596.873.24$27,910
Nov 201107,75095.723.31$25,662
Oct 201108,58284.983.65$31,312
Sep 201108,08283.623.99$32,213
Aug 201108,87783.404.15$36,834
Jul 201109,01394.144.52$40,714
Jun 201108,91692.904.64$41,369
May 201109,19698.134.40$40,507
Apr 201108,769105.964.33$37,999
Mar 201108,95596.364.06$36,333
Feb 201107,83385.644.18$32,742
Jan 201109,27386.504.59$42,552
Dec 201009,56985.734.35$41,604
Nov 201008,79980.843.80$33,395
Oct 201008,82278.103.51$30,955
Sep 201008,10672.633.98$32,258
Aug 201007,40173.684.42$32,708
Jul 201007,20972.554.74$34,145
Jun 201008,75270.364.91$42,976
May 201009,21371.124.24$39,019
Apr 201009,19681.694.12$37,912
Mar 201009,46378.394.39$41,530
Feb 201008,34873.585.44$45,433
Jan 201009,49474.365.96$56,623
Dec 200909,08671.445.48$49,825
Nov 2009010,62474.593.75$39,856
Oct 2009011,37272.544.11$46,742
Sep 200909,23765.543.06$28,309
Aug 200908,10267.423.22$26,076
Jul 200906,23161.133.46$21,587
Jun 2009010,04066.163.90$39,106
May 2009010,20554.743.93$40,062
Apr 2009010,34646.773.59$37,116
Mar 2009011,64242.144.06$47,255
Feb 2009010,27632.814.63$47,609
Jan 200908,75635.865.37$47,028
Dec 2008010,13837.105.98$60,596
Nov 200809,72755.496.86$66,731
Oct 2008010,46075.246.92$72,404
Sep 2008012,609101.767.88$99,322
Aug 2008013,440114.228.48$114,012
Jul 2008012,171131.0811.39$138,621
Jun 2008011,921131.3313.03$155,362
May 2008011,786123.1711.57$136,415
Apr 2008011,236110.3110.45$117,471
Mar 2008013,026101.909.66$125,884
Feb 2008014,03592.538.77$123,095
Jan 2008013,83790.388.21$113,543
Dec 2007013,08588.337.30$95,546
Nov 2007013,76291.677.29$100,348
Oct 2007011,49582.856.92$79,568
Sep 2007014,54075.846.24$90,790
Aug 2007013,58769.066.39$86,793
Jul 2007010,17170.906.39$64,972
Jun 2007015,35462.007.55$115,899
May 2007012,62658.747.85$99,067
Apr 2007016,31559.617.81$127,342
Mar 2007015,38256.927.30$112,319
Feb 2007017,48955.108.22$143,690
Jan 2007012,07950.306.73$81,254
Dec 200604456.656.92$304
Nov 2006010,70654.207.62$81,553
Oct 2006013,19854.906.01$79,370
Sep 2006011,71860.085.04$59,026
Aug 2006016,92968.717.34$124,258
Jul 2006017,50469.376.34$111,024
Jun 2006016,96166.286.38$108,277
May 2006015,82166.016.42$101,650
Apr 2006017,85564.397.36$131,421
Mar 2006017,85656.707.08$126,473
Feb 2006016,79557.597.75$130,180
Jan 2006020,21260.598.93$180,560
Dec 2005020,17254.9413.42$270,615
Nov 2005019,40154.6910.59$205,426
Oct 2005020,69258.3413.80$285,462
Sep 2005020,66961.4512.08$249,661
Aug 2005022,21061.519.80$217,588
Jul 2005023,58955.697.84$185,024
Jun 2005022,95352.337.38$169,417
May 2005023,59145.226.65$156,908
Apr 2005023,67749.207.36$174,274
Mar 2005025,13550.377.15$179,838
Feb 2005023,71645.226.31$149,693
Jan 2005027,43543.166.32$173,450
Dec 2004028,82239.866.75$194,580
Nov 2004028,93645.286.33$183,177
Oct 2004031,33149.706.52$204,125
Sep 2004032,12243.245.28$169,729
Aug 2004034,05942.375.55$189,050
Jul 2004020,40238.286.08$124,129
Jun 2004011,85236.106.43$76,244
May 2004011,07937.486.49$71,953
Apr 2004013,77234.475.86$80,683
Mar 2004019,72934.365.53$109,104
Feb 2004016,31832.455.51$89,906
Jan 2004017,57632.036.30$110,722
Dec 2003020,29630.266.30$127,898
Nov 2003010,78728.804.60$49,568
Oct 200309,51928.174.76$45,307
Sep 2003015,60926.314.75$74,133
Aug 2003015,06029.765.13$77,254
Jul 2003013,40429.415.17$69,310
Jun 2003016,75928.565.98$100,268
May 2003032,01926.595.97$191,239
Apr 2003032,52426.675.41$175,866
Mar 2003034,22931.146.10$208,661
Feb 2003029,90633.487.93$237,031
Jan 2003035,50030.315.58$198,162
Dec 2002038,19426.914.85$185,385
Nov 2002036,67124.664.14$151,706
Oct 2002038,87826.464.23$164,420
Sep 2002039,00427.443.64$141,787
Aug 2002042,72425.963.16$135,186
Jul 2002033,93524.583.06$103,901
Jun 2002040,71423.733.34$135,913
May 2002043,89624.663.58$157,323
Apr 2002043,86323.653.51$154,061
Mar 2002052,58622.003.10$163,160
Feb 2002056,98518.222.38$135,378
Jan 2002067,66017.172.38$160,739
Dec 2001073,33316.932.36$173,389
Nov 2001076,70018.072.41$184,503
Oct 2001080,34719.782.53$203,188
Sep 2001087,92624.262.25$197,950
Aug 20010101,66124.873.05$310,387
Jul 20010111,62323.933.20$356,868
Jun 20010115,04824.563.82$439,962
May 2001047,09225.524.31$202,840
Apr 2001069,14824.685.34$368,927
Mar 2001052,03124.545.38$279,742
Feb 2001058,74827.755.77$338,804
Jan 2001064,17127.478.40$538,957
Dec 2000068,56426.889.12$625,475
Nov 2000070,48132.215.66$398,782
Oct 2000096,79331.235.15$498,048
Sep 20000112,33131.875.19$582,605
Aug 20000111,68329.644.54$507,125
Jul 20000154,52028.534.09$631,948
Jun 20000192,14829.304.40$844,923
May 20000247,67127.263.68$911,367
Apr 20000294,76924.513.12$918,500
Mar 20000389,48328.422.86$1,113,824
Feb 20000436,10927.622.73$1,189,051
Jan 20000383,36925.272.48$950,947

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                  803 Mcf  × $  3.05 =     $2,446

────────────────────────────────────────────────────
Month total                                   $2,446

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/175790 is the state's own key, not one this site invented.