MARTINEZ -B-

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

Gas lease lease 175794District 04Field 76723450NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 2000 – May 2007
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
89
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1999-05-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2005-01-01.

The Commission's schedule remark for this field reads: PRORATION AND SAID ALLOWABLES SHALL BE SET AT CAPACITY.

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
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
CondensateDisposition4,132 bbl$131,552
GasProduction259,892 Mcf$1,036,012
Total$1,167,563

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 26.6019, -98.5426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.60194, -98.54258 · 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
0.0%
0 of 1 wells
Median depth
7,900 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
1100.0%
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.
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 7,900 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-42733087537,900 ftFeb 2007Yes

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 (89)

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

89 months

May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20071055.108.22$55
Jan 2007512250.306.73$1,072
Dec 2006719256.656.92$1,725
Nov 2006737354.207.62$3,221
Oct 200659854.906.01$864
Sep 20061339360.085.04$2,761
Aug 20062946568.717.34$5,406
Jul 20063250669.376.34$5,429
Jun 20062944366.286.38$4,750
May 20063086766.016.42$7,551
Apr 20061648064.397.36$4,563
Mar 2006722556.707.08$1,991
Feb 2006161,08757.597.75$9,347
Jan 200681,50360.598.93$13,912
Dec 20057854.9413.42$492
Nov 200562054.6910.59$540
Oct 20051219158.3413.80$3,335
Sep 20053536361.4512.08$6,535
Aug 20053222961.519.80$4,212
Jul 20055829355.697.84$5,528
Jun 20051222452.337.38$2,281
May 20052942645.226.65$4,145
Apr 20051628649.207.36$2,892
Mar 20052874450.377.15$6,734
Feb 20051561,24845.226.31$14,932
Jan 2005441,32043.166.32$10,244
Dec 20041141,66539.866.75$15,785
Nov 200471,21645.286.33$8,015
Oct 2004725949.706.52$2,035
Sep 20041291243.245.28$5,338
Aug 2004531,76442.375.55$12,037
Jul 2004141,62138.286.08$10,398
Jun 2004221,39736.106.43$9,781
May 2004201,65837.486.49$11,518
Apr 2004382,07134.475.86$13,443
Mar 2004181,82034.365.53$10,683
Feb 200471,60432.455.51$9,065
Jan 200471,75632.036.30$11,286
Dec 2003141,73530.266.30$11,357
Nov 2003111,10228.804.60$5,381
Oct 200381,35528.174.76$6,675
Sep 2003121,55526.314.75$7,701
Aug 2003101,55329.765.13$8,264
Jul 2003141,37529.415.17$7,522
Jun 2003191,31428.565.98$8,404
May 2003241,50726.595.97$9,639
Apr 2003251,88626.675.41$10,865
Mar 2003301,61631.146.10$10,785
Feb 2003201,84733.487.93$15,309
Jan 2003221,71830.315.58$10,257
Dec 20022557726.914.85$3,473
Nov 20024288724.664.14$4,705
Oct 2002272,11226.464.23$9,646
Sep 2002295927.443.64$3,541
Aug 2002101,52025.963.16$5,069
Jul 200291,18724.583.06$3,856
Jun 2002151,10023.733.34$4,028
May 2002371,21224.663.58$5,256
Apr 2002431,92923.653.51$7,792
Mar 2002462,25422.003.10$8,006
Feb 2002752,14718.222.38$6,467
Jan 2002362,08417.172.38$5,569
Dec 200192,53516.932.36$6,146
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20012024.873.05$50
Jul 2001458123.933.20$1,953
Jun 200141,03924.563.82$4,072
May 20010025.524.31$0
Apr 20011024.685.34$25
Mar 20014024.545.38$98
Feb 200181,57727.755.77$9,317
Jan 200132,91427.478.40$24,556
Dec 2000122,66826.889.12$24,661
Nov 200084,44332.215.66$25,396
Oct 2000175,04831.235.15$26,505
Sep 2000223,07931.875.19$16,670
Aug 2000356,01029.644.54$28,327
Jul 2000481,24028.534.09$6,441
Jun 20001528,67129.304.40$42,582
May 200064338,81427.263.68$160,354
Apr 200053130,69724.513.12$108,667
Mar 200043033,26928.422.86$107,362
Feb 200033728,53427.622.73$87,106
Jan 200032722,39325.272.48$63,809

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 2007 — as filed, then multipliedworked
Condensate             1 bbl  × $ 55.10 =        $55
Gas                    0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                      $55

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/175794 is the state's own key, not one this site invented.