MARTINEZ, M.

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the POK - A - DOT (8600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176449District 04Field 721635002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
Mar 2000 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
315
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 78 leases and 78 wells, and the rule below applies to all of them.

Discovered
1976-10-08
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 2008-08-12.

The Commission's schedule remark for this field reads: FORMULA TO REMAIN 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 Gas112003-12-22153331
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
CondensateDisposition10,689 bbl$439,397
GasProduction2,178,597 Mcf$10,752,211
Total$11,191,608

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 27.2147, -99.1756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21468, -99.17561 · 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
9,300 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 9,300 ft.

Completions filed
Mar 2000
1 of 1 wells

1 well

42-50534056139,300 ftMar 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 (315)

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

315 months

May 20260179106.413.05$545
Apr 2026011898.932.87$339
Mar 2026417289.753.15$901
Feb 2026012963.503.75$484
Jan 2026017259.138.00$1,376
Dec 2025016656.664.41$733
Nov 2025218558.593.93$844
Oct 2025015859.383.30$522
Sep 2025017662.743.08$542
Aug 2025019963.933.01$600
Jul 2025019966.743.32$660
Jun 2025022166.483.13$691
May 2025416660.553.23$779
Apr 2025018762.363.54$663
Mar 2025219367.704.27$959
Feb 2025025870.884.34$1,120
Jan 2025023174.324.28$988
Dec 2024118568.993.12$646
Nov 202406669.052.20$145
Oct 2024014171.372.28$322
Sep 20240069.612.36$0
Aug 20240475.632.06$8
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 2023025485.443.09$784
Sep 202305789.042.74$156
Aug 202307880.522.67$208
Jul 2023013274.852.64$349
Jun 2023216368.962.26$506
May 2023218170.622.23$544
Apr 2023018478.122.24$412
Mar 2023016072.852.39$383
Feb 2023111075.112.47$346
Jan 202307476.533.39$251
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202210101.587.54$102
Jun 202200115.097.98$0
May 202210109.378.43$109
Apr 202200104.226.84$0
Mar 202207108.885.08$36
Feb 20220091.054.86$0
Jan 20223081.844.54$246
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202111079.795.71$878
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021235,15670.783.98$22,160
Jun 202101,16669.493.38$3,942
May 202101,27563.483.02$3,848
Apr 20211192860.362.76$3,224
Mar 202101,14961.302.72$3,122
Feb 20211199857.805.55$6,173
Jan 202101,07550.412.81$3,021
Dec 2020131,05344.642.68$3,398
Nov 202001,23438.772.71$3,340
Oct 202061,63336.972.48$4,269
Sep 202001,62237.091.99$3,229
Aug 202002,06139.982.39$4,916
Jul 2020111,82938.371.83$3,760
Jun 202001,67234.901.69$2,826
May 202001,76516.921.81$3,203
Apr 2020899914.751.80$1,921
Mar 202001,34530.341.86$2,497
Feb 2020101,79449.881.98$4,052
Jan 202001,47557.252.09$3,090
Dec 201901,70459.012.30$3,927
Nov 2019182,43055.302.75$7,680
Oct 201902,74653.472.42$6,641
Sep 201902,51455.052.66$6,680
Aug 201902,44653.112.30$5,636
Jul 201902,48156.272.46$6,103
Jun 201902,22352.782.49$5,538
May 2019202,43058.482.74$7,829
Apr 2019172,04962.632.75$6,701
Mar 201902,48256.803.06$7,600
Feb 201902,13750.852.79$5,967
Jan 2019182,05546.033.23$7,462
Dec 201802,35846.594.19$9,869
Nov 201802,61052.934.24$11,059
Oct 201801,30461.443.40$4,431
Sep 2018192,23659.543.11$8,081
Aug 201802,29959.403.07$7,050
Jul 201802,66465.142.93$7,811
Jun 201802,46660.183.08$7,588
May 2018162,82265.382.90$9,232
Apr 201802,56163.842.90$7,429
Mar 201802,77061.222.79$7,720
Feb 2018182,41561.782.77$7,792
Jan 201802,36762.874.01$9,490
Dec 201702,78457.272.92$8,134
Nov 201702,65455.423.12$8,276
Oct 201703,10949.292.98$9,276
Sep 2017172,77647.523.09$9,378
Aug 201702,40345.373.00$7,220
Jul 2017132,69543.873.09$8,891
Jun 201702,92542.493.09$9,030
May 201703,09045.373.26$10,084
Apr 2017163,23347.933.21$11,150
Mar 201702,80846.772.98$8,378
Feb 2017253,12850.452.95$10,497
Jan 201702,95749.413.42$10,109
Dec 201603,19148.763.72$11,880
Nov 2016202,67642.492.64$7,926
Oct 201602,35846.193.09$7,287
Sep 201601,78041.553.10$5,519
Aug 201602,46041.442.92$7,194
Jul 2016172,47441.622.92$7,942
Jun 201602,38745.352.69$6,411
May 201602,86642.521.99$5,706
Apr 2016172,83336.561.99$6,262
Mar 20160033.011.79$0
Feb 201602,51126.472.06$5,182
Jan 2016183,18527.352.36$8,023
Dec 201502,82032.362.00$5,644
Nov 201502,71138.792.17$5,876
Oct 2015101,61643.552.43$4,357
Sep 201503,18542.992.76$8,786
Aug 201503,08840.162.87$8,870
Jul 201503,01548.152.95$8,879
Jun 201502,75156.152.88$7,931
May 2015193,29755.212.96$10,793
Apr 201502,64949.822.71$7,170
Mar 2015183,23942.892.93$10,278
Feb 2015213,35244.662.98$10,914
Jan 2015203,89143.433.10$12,933
Dec 201403,57554.693.59$12,839
Nov 201403,45370.464.25$14,682
Oct 2014153,63578.303.90$15,354
Sep 201403,62086.164.05$14,644
Aug 201404,13989.394.04$16,701
Jul 201403,25196.564.18$13,588
Jun 20141124,29798.164.74$31,348
May 201404,26294.734.73$20,145
Apr 201403,88795.944.81$18,693
Mar 201404,76695.895.06$24,101
Feb 201404,50897.406.19$27,914
Jan 201406,18490.404.86$30,059
Dec 201308,19691.824.35$35,689
Nov 201304,89788.853.74$18,306
Oct 201302497.423.78$91
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013404,269102.523.72$19,972
Jun 2013175,21494.403.93$22,114
May 2013364,83394.834.15$23,466
Apr 2013294,88393.964.28$23,637
Mar 2013125,01493.623.91$20,743
Feb 2013234,54091.233.42$17,625
Jan 201304,03391.603.42$13,793
Dec 2012335,33286.773.42$21,100
Nov 2012113,29686.953.62$12,904
Oct 2012154,46489.383.40$16,517
Sep 2012175,39594.672.92$17,354
Aug 2012394,68592.662.91$17,238
Jul 2012695,57185.133.02$22,703
Jun 20121324,06079.822.52$20,764
May 2012856,12691.612.49$23,030
Apr 2012115,261101.652.00$11,623
Mar 201289105.052.22$860
Feb 2012105,293101.102.57$14,615
Jan 2012174,34198.092.73$13,536
Dec 2011174,24796.873.24$15,406
Nov 201193,96295.723.31$13,981
Oct 201194,27184.983.65$16,348
Sep 2011125,02583.623.99$21,032
Aug 201153,62983.404.15$15,475
Jul 201163,51894.144.52$16,456
Jun 2011214,69692.904.64$23,740
May 2011354,83498.134.40$24,727
Apr 2011324,634105.964.33$23,471
Mar 2011445,24696.364.06$25,525
Feb 201105,32785.644.18$22,267
Jan 2011755,72386.504.59$32,749
Dec 201004,35685.734.35$18,939
Nov 201005,11880.843.80$19,425
Oct 2010654,96578.103.51$22,498
Sep 201005,12972.633.98$20,411
Aug 2010246,15973.684.42$28,987
Jul 2010225,31272.554.74$26,756
Jun 201004,94570.364.91$24,282
May 2010425,15871.124.24$24,832
Apr 201005,17081.694.12$21,314
Mar 2010135,17378.394.39$23,722
Feb 201004,87873.585.44$26,548
Jan 201004,86274.365.96$28,997
Dec 200985,57571.445.48$31,143
Nov 200995,28874.593.75$20,509
Oct 200906,68272.544.11$27,465
Sep 2009175,13665.543.06$16,855
Aug 200905,04767.423.22$16,244
Jul 200904,45161.133.46$15,420
Jun 2009224,60466.163.90$19,388
May 200903,31554.743.93$13,014
Apr 200904,86646.773.59$17,457
Mar 2009235,22542.144.06$22,178
Feb 200904,33132.814.63$20,066
Jan 2009317,15935.865.37$39,563
Dec 2008326,47037.105.98$39,859
Nov 200806,05755.496.86$41,553
Oct 2008496,45475.246.92$48,361
Sep 200804,872101.767.88$38,377
Aug 200807,687114.228.48$65,209
Jul 200806,332131.0811.39$72,118
Jun 2008387,313131.3313.03$100,298
May 200804,855123.1711.57$56,193
Apr 200805,785110.3110.45$60,481
Mar 200807,240101.909.66$69,968
Feb 2008607,29992.538.77$69,568
Jan 200809,88490.388.21$81,105
Dec 200706,65888.337.30$48,617
Nov 2007495,13391.677.29$41,920
Oct 2007625,42782.856.92$42,702
Sep 200706,53075.846.24$40,774
Aug 2007569,35969.066.39$63,652
Jul 200707,60570.906.39$48,580
Jun 200704,55762.007.55$34,398
May 200707,63658.747.85$59,914
Apr 2007589,02559.617.81$73,899
Mar 200705,62956.927.30$41,103
Feb 200705,21355.108.22$42,830
Jan 200707,00050.306.73$47,088
Dec 200607,97656.656.92$55,181
Nov 200607,29654.207.62$55,577
Oct 200608,18854.906.01$49,241
Sep 200697,55360.085.04$38,587
Aug 200608,41568.717.34$61,765
Jul 200609,00369.376.34$57,104
Jun 200606,79066.286.38$43,347
May 2006768,41966.016.42$59,109
Apr 200608,57364.397.36$63,101
Mar 20061369,14256.707.08$72,463
Feb 200608,25757.597.75$64,001
Jan 20061757,06560.598.93$73,717
Dec 2005809,72854.9413.42$134,900
Nov 20051807,58054.6910.59$90,104
Oct 20051019,46858.3413.80$136,511
Sep 2005828,87861.4512.08$112,276
Aug 2005519,74261.519.80$98,578
Jul 2005489,46855.697.84$76,937
Jun 2005539,38452.337.38$72,037
May 20051019,09645.226.65$65,066
Apr 200508,92649.207.36$65,700
Mar 2005999,69750.377.15$74,368
Feb 2005478,65345.226.31$56,742
Jan 200512610,13043.166.32$69,482
Dec 200411811,02939.866.75$79,161
Nov 20045310,95845.286.33$71,769
Oct 20042510,96149.706.52$72,655
Sep 20042710,77843.245.28$58,117
Aug 2004299,45542.375.55$53,710
Jul 200410510,13038.286.08$65,652
Jun 20045210,47536.106.43$69,263
May 20045410,98537.486.49$73,367
Apr 200410710,89234.475.86$67,499
Mar 20045511,57334.365.53$65,890
Feb 20046610,86332.455.51$61,993
Jan 200413611,89232.036.30$79,271
Dec 200312611,58930.266.30$76,842
Nov 200309,89428.804.60$45,465
Oct 20037512,87228.174.76$63,379
Sep 20036613,48126.314.75$65,763
Aug 200311612,55129.765.13$67,835
Jul 20035612,90329.415.17$68,366
Jun 20032113,96528.565.98$84,152
May 20031815,01226.595.97$90,140
Apr 2003811,61326.675.41$63,008
Mar 20032410,38131.146.10$64,030
Feb 20031513,92133.487.93$110,838
Jan 20033014,83130.315.58$83,697
Dec 20026115,75526.914.85$78,113
Nov 20026015,71824.664.14$66,504
Oct 20025816,40426.464.23$70,909
Sep 20026215,93027.443.64$59,610
Aug 200211217,43925.963.16$58,087
Jul 200212418,01024.583.06$58,190
Jun 200213417,80723.733.34$62,624
May 200212718,75824.663.58$70,360
Apr 200220117,84023.653.51$67,413
Mar 20026518,83122.003.10$59,857
Feb 200218617,53718.222.38$45,051
Jan 200210820,70317.172.38$51,038
Dec 20017418,53216.932.36$45,070
Nov 20017720,92618.072.41$51,729
Oct 20017622,91019.782.53$59,440
Sep 20019922,89124.262.25$53,937
Aug 20016425,00624.873.05$77,939
Jul 200115525,07023.933.20$83,860
Jun 200110524,31724.563.82$95,571
May 200121324,52925.524.31$111,090
Apr 200116525,33624.685.34$139,248
Mar 200122027,06224.545.38$150,896
Feb 200127329,10827.755.77$175,444
Jan 200116043,42827.478.40$369,137
Dec 200015132,48226.889.12$300,376
Nov 200025829,97632.215.66$177,914
Oct 200011935,53431.235.15$186,557
Sep 200026638,49431.875.19$208,127
Aug 200019543,00829.644.54$201,068
Jul 200031453,38228.534.09$227,277
Jun 200040060,17529.304.40$276,325
May 200050079,82027.263.68$307,348
Apr 200055780,58824.513.12$264,764
Mar 20004436,91128.422.86$106,807

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                  179 Mcf  × $  3.05 =       $545

────────────────────────────────────────────────────
Month total                                     $545

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/176449 is the state's own key, not one this site invented.